Global Defense Industrial and Technology Base (DITB) Trends Outlook, 2019–2024
This study is an in-depth analysis of the the global defense industrial and technology base, its drivers, trends, and outlook.
To provide for a country’s national security, its industrial base must be secure, robust, and resilient. The defense technology industrial base (DTIB) must be cost effective, cost efficient, and highly productive to ensure that the most value is obtained from governments’ available defense budgets. There has been a gradual increase in defense spending following the past decades of decline, spurred by geopolitical instability and the emergence of new technologies. Countries are implementing new policies to spur the development of local DTIBs. International competition is expected to put further market pressure on global DTIB as new participants enter the market. Many nations have begun implementing comprehensive policies to support their own domestic industries and rely less on imported defense procurement.
What makes Frost & Sullivan’s research service unique?
These provide diverse research services focused on existing and evolving markets across the aerospace, defense, and security (ADS) markets and cover them at global and regional levels. The specialist studies are focused on specific products or market segments that provide deep-dive opportunities for strategists and investors who wish to learn about the future state of any ADS market or product in terms of addressable markets, opportunities, and future disruptions.
This study will benefit those who are interested in learning about the changing landscape of the global DTIB. It identifies emerging trends that will have an impact on DTIB and identifies areas of opportunities in the land, air, and naval security segments along with the technology adoption that will potentially add value in terms of helping the security objectives. All security industry participants and the rest of the industry verticals will benefit from this study, as this is a growth insight study that investigates the potential impact of future technologies on the market, and how they will evolve during the forecast period. Technology companies that are looking for new avenues to add capabilities to their portfolio will also benefit from this study.
KEY ISSUES ADDRESSED
What are the trends in the global defense technological industrial base?
How will the DTIB in Europe and US evolve through M&As in the next five years?
What challenges will global exports and future exporters face in the next five years?
What will be the triggers for growth within the industrial base in the next five years?
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