1. Market Research
  2. > Aerospace and Defence Market Trends

Aerospace & Defence Market Opportunities in Central and Eastern Europe

  • September 2014
  • 32 pages
  • Frost & Sullivan
Report ID: 2363249

Summary

Table of Contents

Major Programme Opportunities are to be Found in Poland

Despite the economic slowdown and defence budget cuts in Western Europe, the Central and Eastern European (CEE) military markets will present positive dynamics fuelled by defence procurement programs in the CEE countries. Therefore, the study assesses the market opportunities for industry participation in the aerospace & defence sector in the CEE region across all military platforms in the coming years. The research study covers 9 countries: Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, and Slovakia.

Key Findings
-Despite economic slowdown and defence budget cuts in Western Europe, the Central and Eastern European (CEE) military markets will present positive dynamics fuelled by defence procurement programmes in the CEE countries.
-Poland is expected to be the biggest military market among the analysed countries due to ambitious defence modernisation programmes and a legal obligation to spend 1.95% of its previous year’s annual gross domestic product (GDP) on defence.
-Poland, with multiple defence procurement programmes, is the most lucrative market among CEE countries for defence suppliers.
-Price-conscious CEE end users demand that suppliers establish lower life cycle costs for their equipment.
-Defence original equipment manufacturers (OEMs) interested in the CEE market should increase their industrial footprints in the region and proactively engage with local counterparts, specifically in the military research and development (R&D) and technology areas.
-Decision makers view defence modernisation programmes as a tool for the development of indigenous defence sector capabilities in the CEE region which will lead to the increased importance of technology transfers.

Drivers Explained

The Annexation of Crimea by the Russian Federation and the Crisis in Ukraine Boost Defence Spending in CEE
Due to the tense situation involving Ukraine, a number of CEE states, particularly Poland, Romania, and the Baltic States, have announced their intention to increase defence expenditures to % of their gross domestic product to meet the NATO requirement. This is a direct reaction to the threat posed by Russia in the region after the annexation of Crimea. It is expected that more money will be allocated to defence procurements, specifically in air defence domains in the abovementioned countries. Additionally, Denmark, Germany, and Poland are working on raising the readiness of Multinational Corps Northeast in Poland to strengthen military capabilities in order to address potential threats in the region.

The Implementation of Re-armament Programs in CEE Countries Create Many Business Opportunities for Western Aerospace and Defence OEMs
As a consequence of NATO membership, the CEE countries are in the middle of a renewal and modernisation cycle of their ageing military platforms. Some programmes have already been announced, notably in Poland, such as a tender for medium utility helicopters, and additional tenders, including air and missile defence systems, surface naval combatants, submarines, unmanned systems, and C4ISR, are to be announced in the short term.

Key: C4ISR = Command, control, communications, computers, intelligence, surveillance, and reconnaissance

Defence Modernisation Programmes Act as a Stimulus for Industrial Development and Increasing the Capabilities of the Indigenous Defence Sector
Defence modernisation programmes present the opportunity to increase technological understanding and industrial capacity through significant technology transfers and long-term partnerships with Western defence OEMs. Therefore, decision makers in CEE countries perceive modernisation programmes as a stimulus for the local economies’ industrial development, including the indigenous defence sector, due to expected wide participation of local companies in the implemented programmes. However, CEE countries need to ensure that the local defence sector possesses the skills and capabilities that are necessary for the proper absorption of technology transfers. Therefore, a long-term and consistent defence industrial policy is needed in the CEE countries.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Military Personal Protective Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • February 2017
  • by Transparency Market Research

Global Military Personal Protective Equipment Market: Overview Military personal protective equipment has become a crucial and standard element of soldier equipment. One of the major factor driving the ...

Military Biometrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • April 2017
  • by Transparency Market Research

Global Military Biometrics Market: Overview Biometric systems are becoming increasingly popular in wearable devices such as smart watches, eye glasses and fitness bands. These devices are equipped biometric ...

Fiber Optics Gyroscope Market by Sensing Axis, Device, Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“Fiber optics gyroscope market to grow at a CAGR of 3.61% between 2016 and 2022” The fiber optics gyroscope market is expected to reach USD 1,037.0 million by 2022, at a CAGR of 3.61% between 2016 ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.