Research and Markets: The Finnish Defense Industry: Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015

DUBLIN--()--Research and Markets ( has announced the addition of iCD Research's new report "The Finnish Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015" to their offering.

Finnish defense expenditure is estimated at US$3.8 billion in 2011, the result of a CAGR of 5.93% during the review period. Finnish military spending is anticipated to increase at a CAGR of 3.70% during the forecast period to reach US$4.4 billion by 2015. Over the course of the next five years the nations military spending is expected to be driven by the country's participation in international peacekeeping missions, modernization initiatives and a perceived security threat from Russia.

During the review period the country's defense expenditure and overall economic growth advanced at different rates. However, throughout the forecast period, the country's defense spending is expected to be highly dependent on the nations GDP growth rate. Defense expenditure as a percentage of GDP is likely to increase from an average of 1.4% during the review period to an average of 1.6% during the forecast period.

A majority of the nations defense budget is earmarked for revenue expenditure, primarily due to a large troop size. During the review period the nation allocated an average of 63% of its total defense budget to revenue expenses, while an average of 37% of the defense budget was spent on the procurement and modernization of equipment. With the country planning to downsize its troop size by over 100,000 over the next five years, the share of capital expenditure in the overall defense budget is expected to increase to an average of 39% during the forecast period. Owing to an increase in capital expenditure, defense equipment suppliers will witness a surge in demand for advance defense systems such as fighter aircraft, transport aircraft, missile defense systems and advanced defense communication systems.

Scope of the report:

  • Analysis of the defense industry market size from 2006 through 2010 and forecasts till 2015
  • Analysis of defense budget allocation
  • Benchmarking with key global markets
  • Market opportunities
  • Defense procurement dynamics
  • Industry dynamics
  • Market entry strategy
  • Competitive landscape and strategic insights
  • Business environment and country risk

Reasons to Buy:

  • Gain insight into the Finnish defense industry with current, historic and forecast market values
  • Get insight on market opportunity and attractiveness
  • Get insight on industry procurement dynamics
  • Gain insight on industry structure
  • Gain insight into the regulations governing the Finnish defense industry and the potential market entry strategies
  • Identify top companies of the Finnish defense industry along with profiles of all those companies

Key Topics Covered:

1. Introduction

  • About this Report
  • Definitions
  • Methodology
  • ICD Research Intelligence Terrorism Index
  • About ICD Research
  • About Strategic Defence Intelligence

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

  • Defense Market Size and Forecast
  • Analysis of Defense Budget Allocation
  • Homeland Security Market Size and Forecast
  • Benchmarking with Key Global Markets
  • Market Opportunities: Key Trends and Growth Stimulators

4. Defense Procurement Market Dynamics

  • Import Market Dynamics
  • Export Market Dynamics

5. Industry Dynamics

  • Five Forces Analysis

6. Market Entry Strategy

  • Market Regulation
  • Market Entry Route
  • Key Challenges

7. Competitive Landscape and Strategic Insights

8. Business Environment and Country Risk

9. Appendix

  • Contact Us
  • About ICD Research
  • Disclaimer

This report also contains 15 statistical tables.

Companies Mentioned:

  • Elektrobit Corp.
  • Kiitokori Oy
  • Millog Oy
  • Nammo Lapua Oy
  • Patria Aviation Oy
  • Patria Land Systems Oy
  • Patria Oyj
  • Patria Systems Oy
  • Patricomp Oy

For more information visit


Research and Markets
Laura Wood, Senior Manager,
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716


Research and Markets
Laura Wood, Senior Manager,
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716