Aerospace & Defence Market Opportunities in Central and Eastern Europe
Despite economic slowdown and defence budget cuts in Western Europe, the Central and Eastern European (CEE) military markets will present positive dynamics fuelled by defence procurement programmes in the CEE countries.
Poland is expected to be the biggest military market among the analysed countries due to ambitious defence modernisation programmes and a legal obligation to spend 1.95% of its previous year’s annual gross domestic product (GDP) on defence.
Poland, with multiple defence procurement programmes, is the most lucrative market among CEE countries for defence suppliers.
Price-conscious CEE end users demand that suppliers establish lower life cycle costs for their equipment.
Defence original equipment manufacturers (OEMs) interested in the CEE market should increase their industrial footprints in the region and proactively engage with local counterparts, specifically in the military research and development (R&D) and technology areas.
Decision makers view defence modernisation programmes as a tool for the development of indigenous defence sector capabilities in the CEE region which will lead to the increased importance of technology transfers.
About this report
Despite the economic slowdown and defence budget cuts in Western Europe, the Central and Eastern European (CEE) military markets will present positive dynamics fuelled by defence procurement programs in the CEE countries. Therefore, the study assesses the market opportunities for industry participation in the aerospace & defence sector in the CEE region across all military platforms in the coming years. The research study covers 9 countries: Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, and Slovakia.
Electronic Access - Site License Fulfilled by Publisher
Electronic Access - Global site License Fulfilled By Publisher