Germany Defense Industry Report 2023-2028: Trends, Budgets, Regulations, Acquisitions, Competitive Landscape and Modernization Strategies - ResearchAndMarkets.com
The "Germany Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
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.
Germany's defense budget for the fiscal year 2023 stands at $51.2 billion which represents about 1.3% of its Gross Domestic Product (GDP). It is expected to grow from $53 billion moderately to reach $64.3 billion in 2028, reflecting a CAGR of 4.9% during 2024-28.
However, it's worth noting that Germany's defense budget has been a subject of ongoing discussion and debate, particularly about its NATO commitments. Whilst it is one of the leading economies in Europe, Germany has experienced sluggish levels of growth in its defense budget due to domestic apathy towards the topic. Yet, the election of Scholz as chancellor and the invasion of Ukraine has led to the German government announcing a plan for increasing the defense budget in forthcoming years.
Key Highlights
- Much of Germany's fleet requires substantial modernization and updating. As readiness levels are now so low and with platforms reaching the end of their life span, Germany is modernizing platforms across all domains.
- Major ongoing procurement programs include procurement of New Generation Fighter (NGF)-Future Combat Air System, Eurofighter Typhoon Tranche 4, F-35A
Who Should Buy
- Defence Startups, Original Equipment Manufacturers (OEMs), Defence Planners, Aerospace and Defence Integrators, Venture Capital Firms, Government Agencies, Head of Marketing, Head of Sales, CEOs and Senior Executives.
- The concerned stakeholders can utilize the report to identify high growth segments and customize their offerings to match the project requirements.
- The Venture Capital Firms can utilize the project details, growth rate, and market size to identify and fund high potential startups.
In particular, it provides an in-depth analysis of the following -
- Germany defense budget: detailed analysis of Germany's 2023 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 Germany's military doctrine and strategy to provide a comprehensive overview of Germany's military procurement regulation.
- Security Environment: political alliances and perceived security threats to Germany are examined; they help to explain trends in spending and modernisation.
- Competitive landscape and strategic insights: analysis of the competitive landscape of Germany's defense industry.
Reasons to Buy
- Determine prospective investment areas based on a detailed trend analysis of the French 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 French 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 Germany defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channel resources by focusing on the ongoing programs that are being undertaken by the Germany 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
Key Topics Covered:
Executive Summary
- Defense Budget Assessment
- Budgeting Process
- Defense Market Size Historic And Forecast
- Drivers Of Defense Expenditure
- Analysis of Defense Expenditure Allocation
Analysis Of Defense Budget Allocation
- Military Doctrine And Security Environment
- Military Doctrine And Strategy
- Strategic Alliances and Geopolitics
- Political, Social and Economic Scenario
- Market Entry Strategy And Regulations
- Defense Procurement Bodies
Funding Opportunities
- Trade Associations and Defense Clusters
- Types of Contracts and Opportunities
Procurement Policy and Market Regulations
- Market Entry Routes
- Key Challenges
Major Deals and M&A
- Market Attractiveness And Emerging Opportunities
- Market Attractiveness By Defense Sector
- Top Sectors in the German Defense Market
- Top Defense Segments By Value
- Defense Platform Acquisitions
Defense Platform Acquisitions By Value
- New Generation Fighter (NGF) Future Combat Air System
- Eurofighter Typhoon Tranche
- Taktisches Luftverteidigungssystem (TLVS)
- F-35A
- MKS 180 Multirole Combat Ship (F126 Frigate)
- A400M Atlas
- Arrow
- CH-47F Chinook
- Fleet Size
Competitive Landscape
- Defense Companies Operating In Germany
- Main Defense Companies
Appendix
A selection of companies mentioned in this report includes
- Dassault Aviation SA
- Eurofighter Jagdflugzeug Gmbh
- Lockheed Martin Corp
For more information about this report visit https://www.researchandmarkets.com/r/8taj5l
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