Future of the Italian Defense Industry – Defense Budget stands at US$18.1 billion in 2018 – Expected to reach US$18.9 billion in 2023

PUNE, India, September 07, 2018 /ResearchByMarkets/— “The Future of the Italian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023“, 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 Italian 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 Italian defense industry market size and drivers: detailed analysis of the Italian 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
– Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years 
– Market opportunities:list of the top ten defense investment opportunities over the next 5 years
– Competitive landscape and strategic insights: analysis of the competitive landscape of the Italian defense industry.



– Italy’s defense budget stands at US$18.1 billion in 2018 and is expected to reach US$18.9 billion in 2023, with a cumulative value of US$90.7 billion over the forecast period.
– It is anticipated that the defense budget will record a relatively flat CAGR of 1.41% over the forecast period in contrast to the negative CAGR of 1.85% registered during the historic period.
– This is primarily due to the need to replace aging military hardware and equipment, in addition to defending against domestic insurgencies such as organized crimes.

Reasons to buy

– This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Italian 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 over the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period
– Profiles of the top domestic and foreign defense manufacturers . This will provide the user with a total competitive landscape of the sector
– A deep qualitative analysis of the Italian defense industry covering sections including demand drivers, Key Trends , and latest industry contracts.


Companies Mentioned:

Get in touch with us:
Ritesh Tiwari, Director
USA: +1-800-416-3124


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Ritesh Tiwari is the Founder of Research By Markets. He has more than 7 years experience in the Market Research industry and a total experience spanning 18+ years. His core experience is in Sales and International Recruitments. Ritesh is a big foodie and a huge football fan, supporting Manchester United (EPL) and FC Barcelona (La Liga). He hardly misses watching any matches when these teams are playing. Get in touch with Ritesh via: enquiry@researchbymarkets.com *Industry Press Release is a part of Research By Markets.