The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic
"Future of the Croatian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023", published by GlobalData, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
This report offers detailed analysis of the Croatian 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 -
- The Croatian defense industry market size and drivers: detailed analysis of the Croatian defense industry during 2019-2023, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s expenditure 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 capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
- Porter’s Five Force analysis of the Croatian defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry
- Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
- Market opportunities: details of the top five defense investment opportunities over the next 10 years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Croatian defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.
- Croatian military expenditure, which stands at US$0.71 billion in 2018, registered at a CAGR of -0.41% during the historic period. There is a huge difference between the planned budget and the executed budget in 2015 due to the economic crisis the country faced. However, the country’s economy is showing some positive signs of recovery, as the 2017 budget marginally surpassed its initially planned estimates.
- Croatia is well known for its multi-vector foreign policy, with which it manages to maintain stable relations with all of its neighbors. It is a relatively peaceful country compared to other Central European nations, which encounter frequent turbulence. Croatia is also an active participant in the NATO Partnership for Peace Program. The growth in the Croatia defense market is primarily driven by the need to modernize the country’s defense arsenal, and the Russia military aggression in Ukraine, which brought about the possibility of an armed conflict in the European region.
Reasons To Buy
- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Croatian 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
- Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector
- A deep qualitative analysis of the Croatian defense industry covering sections including demand drivers, Porter’s Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts.