Italy Defense Industry Report 2025: Budget Witnessed Robust and Stable Growth from 2021 to 2025, Increasing from $29.1 Billion to $38.1 Billion - Procurement Trends and Programs to 2030 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Italy Defense Market - Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2025-2030" report has been added to ResearchAndMarkets.com's offering.

The report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period.

Italy's defense budget has historically experienced limited growth or fluctuation due to political gridlock and a lack of consensus on national defense spending. The frequent changes in government and ideology have hindered consistent growth and made it challenging to define strategic end-goals. However, the budget witnessed robust and stable growth from 2021 to 2025, increasing from $29.1 billion to $38.1 billion during that period.

The current Prime Minister, Giorgia Meloni, has prioritized long-term defense planning and aims to achieve 3.5% GDP defense spending by 2035. Consequently, the Italian defense budget is projected to rise over the forecast period. From 2026 to 2030, an increase in expenditure from $39.4 billion to $61.7 billion is anticipated, with a compound annual growth rate (CAGR) of 11.9%.

The primary catalyst for increased defense spending in Europe has been the Russian invasion of Ukraine, which has highlighted weaknesses in the West's defense-industrial capacity and depleted existing stocks of arms and ammunition. The effectiveness of systems and strategies in Ukraine, such as advanced missiles and military drones, as well as the survivability of current platforms against these threats, have prompted a reassessment of platform procurement and strategies for waging 21st-century warfare.

Despite these challenges, Italy maintains a sizeable military, boasting an air fleet of over 200 jets and a powerful navy equipped for undersea warfare, amphibious assaults, and power projection. Italy's commitments to NATO, various overseas deployments under the EU and UN, and ongoing procurement projects will shape the future of its defense planning.

Key Highlights

• Modernization of equipment and contribution to NATO are key factors driving defense expenditure
• Increased preference for domestic and European defense companies may impede the entry of non-European firms

Scope

• This report offers a detailed analysis of Italy's defense market, with market size forecasts covering the next five years. It also offers insights into the strategy, security environment and defense market dynamics of the country. Various sections covered in the report are as follows:
• Defense Budget Assessment: This chapter covers the defense budgeting process, market size forecasts, drivers of expenditure, and allocation analysis. It also examines key market trends and insights.
• Military Doctrine and Security Environment: Detailed analysis of military doctrine, strategic alliances, geopolitical dynamics, and the political, social, and economic factors influencing the security environment.
• Market Entry Strategy and Regulations: This section elaborates on essential aspects of procurement policy and market regulations, market entry routes, key defense procurement bodies and major deals.
• Market attractiveness and emerging opportunities: It evaluates the attractiveness of various defense sectors, indicating cumulative market value, and highlights the top sectors and defense segments by value in the country.
• Defense Platforms Import and Export Dynamics: Provides an understanding of the defense platform imports and exports of the country from 2016 to 2024. Both imports and exports of the country are provided in terms of value ($M) and volume (units), categorized by country and sector.
• Defense Platform Acquisitions: It offers an overview of defense platform acquisitions by value. It lists current defense procurement schedules for the major ongoing and planned military platforms that have been formulated in the country and elaborates on the reasons leading to the procurement of the same.
• Fleet Size: Outlines the current fleet sizes of the Army, Air Force, and Navy, detailing the year of acquisition, units in service, and the prime contractor for the equipment.
• Competitive Landscape: Profiles the main defense companies operating in the country, offering insights into their business overviews, latest contracts, and financial results.

Companies Featured

• Lockheed Martin
• Leonardo SpA
• Fincantieri SpA
• ELT Group (Formerly Elettronica SpA)

Key Topics Covered:

• Executive Summary
• Defense Budget Assessment
• Budgeting Process
• Defense Market Size Historic And Forecast
• Drivers Of Defense Expenditure
• Analysis of Defense Expenditure Allocation
• Analysis Of Defense Budget Allocation
• Key Market Trends and Insights
• Military Doctrine And Security Environment
• Military Doctrine And Strategy
• Strategic Alliances and Geopolitics
• Political, Social and Economic Scenario
• Market Entry Strategy And Regulations
• Defense Procurement Bodies
• Funding Opportunities
• Trade Associations and Defense Clusters
• Types of Contracts and Opportunities
• Types of European Procurement Procedure
• Procurement Policy and Market Regulations
• Market Entry Routes
• Key Challenges
• Major Deals and M&A
• Market Attractiveness And Emerging Opportunities
• Market Attractiveness By Defense Sector
• Top Sectors in the Italy Defense Market
• Top Defense Segments By Value
• Defense Platforms Import and Export Dynamics
• Defense Platforms Import Dynamics
• Defense Platforms Export Dynamics
• Defense Platform Acquisitions
• Defense Platform Acquisitions By Value
• Global Combat Air Programme
• Eurofighter Typhoon
• KF41 Lynx
• KF51 Panther
• SAMP-T NG
• DDX Next Generation Destroyers
• Centauro II
• U-212 NFS
• Fleet Size
• Army
• Air Force
• Navy
• Competitive Landscape
• Defense Companies Operating In Italy

For more information about this report visit https://www.researchandmarkets.com/r/blncfv

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