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Italy's Defense Budget Analysis (FY 2020), Competitive Landscape and Forecasts

Italy's Defense Budget Analysis (FY 2020), Competitive Landscape and Forecasts

Summary

Italy- FY2020 Defense Budget Analysis, Competitive Landscape and Forecasts report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period.

The Italian defense budget valued US$25.8 billion in 2020. The country plans to increase its defense expenditure with steady investments in defense procurements. Some of current key defense procurements are the F-35 Lightening aircraft worth US$965.2 million and the procurement of FREMM frigates and the development of U212 submarines.

Current military strategy is driven by a need to modernise and update the current Italian fleet. This necessary for two reasons; firstly in order to meet their commtiments to international allies such as NATO a modern fighting force is required, and secondly, it is needed in order to meet military threats such as the presence of ISIS in Albania.

This report offers detailed analysis of the Italian defense market with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

Italy is undergoing extensive upgrades and modernisation in an attempt to improve the military capabilities of it's fleet. This has extensive political, economic and security ramifications.

There is a good level of investment across all domains; fixed-wing has the largest share, followed by maritime, land and weaponry.

Scope

In particular, it provides an in-depth analysis of the following -
- The Italian defense budget: detailed analysis of Italy's FY2020 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.
- Regulation: the procurement policy and process is explained. This is coupled with an analysis of Italy's military doctrine and strategy to provide a comprehensive overview of Italian military regulation.
- Security Environment: political alliances and perceived security threats to Italy are examined; they help to explain trends in spending and modernisation.
- Import and Export Dynamics: analysis of prevalent trends in the country's imports and exports over the last five years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Italian defense industry.

Reasons to Buy

- Determine prospective investment areas based on a detailed trend analysis of the Italian defense market over the next five years
- Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the Italian market and identify the opportunities offered.
- Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others
- Identify the major threats that are driving the Italian defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channelize resources by focusing on the ongoing programs that are being undertaken by the Italian government
- Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available
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Italy's Defense Budget Analysis (FY 2020), Competitive Landscape and Forecasts
Published By :GlobalData
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