(openPR) Israel is one of the largest defense markets in the Middle East and also has one of the largest per capita defense expenditures in the world - US$1711 in 2012. Moreover, the per capita defense expenditure is expected to continue growing due to both internal and external security threats in the country. Israel is also set to receive US$20.1 billion worth of military aid from the US to spend on military hardware during the forecast period. Overall, Israel is projected to spend a total of US$28.39 billion on the acquisition of military hardware between 2013 and 2017.
‘’The Israeli Defense Industry: Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017’’ provides detailed analysis of the current industry size and growth expectations from 2012 to 2017, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
In 2012, the Israeli defense market valued US$13.28 billion and had the third largest military expenditure in the Middle East. During the review period, Israeli defense expenditure has recorded a CAGR of -0.59% and is expected to grow at a CAGR of 2.97% over the forecast period, reflecting the threats from Iran, Syria, and other neighboring Arab countries. Moreover, Israel spent an average of 6% of its GDP on defense between 2008 and 2012.
During the forecast period, the Israeli defense budget is expected to grow at a CAGR of 2.97% to reflect the security threats posed by Iran and Syria, hostility from neighboring countries, and Israel’s inadequate troop size as a result of the country’s small population. During the same period, military aid from the US will continue to increase the spending power of the country. Between 2013 and 2017, Israel is expected to accelerate its defense procurement plans to prepare for potential confrontations with Iran or Syria.
Reasons to buy
• Provides detailed analysis of the current industry size and growth expectations from 2012 to 2017, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
• Includes trend analysis of imports and exports, together with the resulting implications and impact on the Israeli defense industry
• Covers five forces analysis to identify various power centers in the industry and how these are expected to develop in the future
• Allows readers to identify possible ways to enter the market, together with detailed descriptions of how existing companies have entered the market, including key contracts, alliances, and strategic initiatives
• Helps the reader to understand the competitive landscape of the defense industry in Israel. 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
The Israeli Defense Industry – Market Opportunities, Entry Strategies,Analyses and Forecasts to 2016 - http://www.globdef-studies.com/The-Israeli-Defense-Industry-Market-Opportunities-Entry-StrategiesAnalyses-and-Forecasts-to-2016
