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

Defense Industry Business Outlook and Procurement Report H1 2016

  • May 2016
  • 45 pages
  • Strategic Defence Intelligence (SDI)
Report ID: 3096147

Summary

Table of Contents

Search Inside

Summary
Amid growing market uncertainty, decreasing defense expenditure, and rising competition, organizations within the defense industry are planning to increase focus on new products and services, expansion in the current market, and improving operational efficiency. Mergers and acquisitions are expected to increase within the defense industry with emerging markets such as India, Saudi Arabia, and China offering prominent growth opportunities. As organizations intend to increase use of technology, and locate lower cost sources of supply in H1 2016, procurement activities will increase on IT services and MRO activities. Consequently, procurement expenditure for defense organizations is projected to increase by an average of 7% over the next six months. Additionally, 46% of defense industry executives expect supplier prices to increase in the next six months and over one-third of defense industry executives highlighted limited or generalized deployment of e-procurement within their organizations.

Key Findings
- The majority of defense organizations will focus on launching new products and services and expansion in the current market over the next six months

- The US, Germany, and the UK will present significant growth opportunities during H1 2016

- One-third of executives project an increase in mergers and acquisitions in the coming six months

- Medium-sized companies foresee more capital expenditure on research and development in H1 2016, compared to small companies

- Overall, 29% of executives expect the global procurement budget to remain lower than US$250,000 over the next six months

- In total, 22% of respondents with business operations in Asia-Pacific communicated their intention of implementing e-procurement in their organizations

Synopsis
Strategic Defence Intelligence's Defense Industry Business Outlook and Procurement Report H1 2016 examines executives' opinion on business outlook and procurement activities over April-September 2016. Organizations can know about key business priorities, supplier price variations, changes in procurement expenditure, and supplier prices with the implementation status of e-procurement of within the defense industry. Additionally, it provides information categorized by region and company type.

What else does this report offer?

- Key business priorities: examines defense companies' important priorities for H1 (April-September) 2016

- Emerging and developed markets: provides information about key emerging and developed markets, which will offer the most growth over H1 2016

- Change in MandA activity: analyzes defense industry executives' opinion on changes in merger and acquisition activity globally

- Business concerns: identifies major business concerns that are likely to impact defense companies

- Change in capital expenditure: tracks the expected change in capital expenditure both globally and regionally across key areas

- Budget allocation: examining procurement budget expectations for defense organizations over the next six months

- Supplier price outlook: determine the expected change in supplier prices over April-September 2016

- E-procurement: identify executives' perspective towards e-procurement within the defense industry

Reasons To Buy
- Highlights key business priorities thus helping defense companies to realign business strategy

- Develop or adjust business expansion plans by knowing about significant growth-offering emerging and developed markets

- Make changes in procurement budget allocations by analyzing procurement expenditure projections anticipated by executives for April-September 2016

- Helps to manage cost by providing information about supplier price expectations for the next six months

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 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 ...

Metamaterial Market by Material Type, Application, Vertical and Geography - Global Forecast to 2025

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

“The overall metamaterial market is expected to grow at a CAGR of 63.1%” The overall metamaterial market is expected to reach USD 4,634.8 million by 2025, growing at a CAGR of 63.1% between 2017 and ...

Digital Radio Frequency Memory Market by Platform, Application, Architecture - Global Forecast to 2022

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

“The Digital Radio Frequency Memory (DRFM) market is projected to grow at a CAGR of 12.16% from 2016 to 2022” The Digital Radio Frequency Memory (DRFM) market is projected to reach USD 1,222.2 million ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

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