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The Austrian defense market will be driven by active participation in peacekeeping missions along with a focus to modernize its military by procuring advanced defense systems. In addition, the capital expenditure allocation is anticipated to average 23.6% of the total defense budget during 2016-2020 and defense equipment procurements are expected to be in the areas of military rotorcraft Cheap Nike VaporMax Shoes UK , unmanned aerial vehicles (UAVs), and spending towards cyber security and soldier modernization
Key Findings - During 2011-2015, Austrian defense expenditure registered a growth rate of -6.18%, declining from US$2.9 billion in 2011 to US$2.2 billion in 2015 - Military expenditure is anticipated to register a CAGR of 3.24% during 2016-2020 Cheap Nike VaporMax Youth UK , to value US$2.5 billion in 2020 - Corruption, retaining conscription, changes in security environment and economic recession possess challenges for the Austrian defense market - Demand for equipment is mainly expected to revolve around military rotorcraft, unmanned aerial vehicles (UAVs) Cheap Nike VaporMax Womens UK , and spending towards cyber security and soldier modernization during 2016-2020
Strategic Defence Intelligence's report - Future of the Austrian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020 offers detailed analysis of the industry with market size forecasts from 2016-2020. This report will also analyze factors that influence demand in the industry, key market trends, and challenges faced by industry participants.
Table Of Content Of Austrian Defense Market:
1 Introduction 1.1. What is this Report About? 1.2. Definitions 1.3. Summary Methodology 1.3.1. Secondary Research 1.3.2. Primary Research 1.3.3. Conventions 1.4. SDI Terrorism Index 1.5. About SDI 1.6. About Strategic Defence Intelligence
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities 3.1. Defense Market Size Historical and Forecast 3.1.1. Austrian defense expenditure to register a CAGR of 3.24% during 2016-2020 3.1.2. Spending to be driven by peacekeeping missions and the acquisition of advanced defense systems 3.1.3. Defense expenditure as a percentage of GDP expected to fall during the forecast period 3.2. Analysis of Defense Budget Allocation 3.2.1. Capital expenditure share of the overall defense budget is expected to increase during the forecast period 3.2.2. Austrian defense capital expenditure expected to cumulatively value US$2.8 billion during 2016-2020 3.2.3. Austrian revenue expenditure expected to record a CAGR of 2.55% during the forecast period 3.2.4. Per-capita defense expenditure likely to fall during the forecast period 3.3. Homeland Security Market Size and Forecast 3.3.1. Austria is expected to invest US$15.2 billion on homeland security during the forecast period
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