Romanian Defense Industry | Future Defense and Security

The Future of the Romanian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019 published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast Romania defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

Key Findings

• Over the review period, Romanian defense expenditure registered a growth rate of -0.89%, to reach US$2.06 billion in 2014, from US$2.14 billion in 2010
• Romania’s military expenditure, valued at US$2.06 billion in 2014, is expected to increase to US$2.09 billion by 2019, registering a CAGR of 1.33% over the forecast period.
• The country’s military expenditure will be driven by the country’s participation in peacekeeping missions and joint operations, border control measures, and modernization of its armed forces.

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Synopsis

This report offers detailed analysis of the Romania’s defense industry 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
In particular, it provides an in-depth analysis of the following:

• Romanian defense industry market size and drivers: detailed analysis of the Romanian defense industry during 2015–2019, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s spending patterns and modernization patterns
• Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to the army, navy, and air force. It also details the key challenges faced by the defense market participants within the country

Reasons To Buy

This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Romanian defense industry market trends for the coming five years
The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period

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