Research and Markets: The UK Defense Budget, Which Stood At 3.0% of GDP in 2009, Is Expected To Decline To 2.0% of GDP by 2015 Due To Budget Reductions

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/ced61c/the_uk_defense_ind) has announced the addition of iCD Research's new report "The UK Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015" to their offering.

This report offers insights into the market opportunities and entry strategies adopted by foreign OEMs (original equipment manufacturers) to gain a market share in the UK defense industry. In particular, it offers in-depth analysis of the following:

  • Market opportunity and attractiveness: detailed analysis of the current industry size and growth expectations during 2010-2015, including highlights of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
  • Procurement dynamics: trend analysis of imports and exports, together with its implications and impact on the UK defense industry.
  • Industry structure: five forces analysis to identify various power centers in the industry and how these are likely to develop in the future.
  • Market entry strategy: analysis of possible ways to enter the market, together with detailed descriptions of how existing players have entered the market, including key contracts, alliances, and strategic initiatives.
  • Competitive landscape and strategic insights: analysis of competitive landscape of the defense industry in UK. It provides an overview of key defense companies (both domestic and foreign), together with insights such as key alliances, strategic initiatives, and a brief financial analysis.
  • Business environment and country risk: a range of drivers at country level, assessing business environment and country risk. It covers historical and forecast values for a range of indicators, evaluating business confidence, economic performance, infrastructure quality and availability, labor force, demographics, and political and social risk.

Key Highlights:

During the review period, UK defense expenditure increased at a CAGR of 1.50%, and was valued at US$64.3 billion in 2009. Counter measures for potential terrorist threats and supporting peacekeeping operations across the globe, and particularly in Afghanistan and Iraq, has stimulated expenditure during the review period. Such factors are expected to continue to drive defense expenditure throughout the forecast period and defense expenditure is likely to increase at a CAGR of 2.10% to reach US$56.40 billion by 2015. The UK defense budget, which stood at 3.0% of GDP in 2009, is expected to decline to 2.0% of GDP by 2015 due to budget reductions.

The capital expenditure allocation of the defense budget, which stood at an average of 21.2% during the review period, is estimated to increase to 25.9% during the forecast period as a result of Ministry of Defenses (MoD) modernization plans. Defense capability expenditure accounted for the highest budget allocation, with an average of 92.0% of the total budget during the review period and is expected to continue to constitute a significant portion of the defense budget (an average of 91.0%) during the forecast period. Defense capability includes expenditure to meet the MoDs operational support and logistics services costs and the costs of providing equipment capability required by defense policy.

Synopsis:

  • Top level overview of the UK defense industry
  • A breakdown of the UK defense industry by spend pattern valued from 2004 through 2009 and forecasted from 2010 through 2015
  • A breakdown of the markets by segment valued from 2004 through 2009 and forecasted from 2010 through 2015
  • Details of top companies active across the UK defense industry
  • Emerging trends and opportunities in the UK defense industry in the last 12 months

Scope:

  • Analysis of Defense industry market size from 2004 through 2009 and forecasts till 2015
  • Analysis of defense budget allocation
  • Benchmarking with key global markets
  • Market opportunities
  • Defense procurement dynamics
  • Industry dynamics
  • Market entry strategy
  • Competitive landscape and strategic insights
  • Business environment and country risk

Reasons to Buy:

  • Gain insight into the UK defense industry with current, historic and forecast market values
  • Get insight on market opportunity and attractiveness
  • Get insight on industry procurement dynamics
  • Gain insight on industry structure
  • Gain insight into the regulations governing the UK defense industry and the potential market entry strategies with an expert analysis of the competitive structure
  • Identify top companies of the UK defense industry along with profiles of all those companies

Companies Mentioned:

  • BAE Systems Plc
  • GKN Aerospace Services
  • Rolls-Royce Plc
  • Babcock international Group plc
  • AgustaWestland
  • Thales UK
  • General Dynamics UK Ltd
  • Boeing UK
  • L-3 TRL
  • Northrop Grumman UK
  • Lockheed Martin UK Ltd
  • EADS UK

For more information visit http://www.researchandmarkets.com/research/ced61c/the_uk_defense_ind

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716