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Future of the Hungarian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023

Future of the Hungarian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023

Summary

Future of the Hungarian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023, published by GlobalData, 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 Hungary 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 Hungary defense industry market size and drivers: detailed analysis of the Hungary 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 Hungary defense industry.
Scope
  • The Hungarian defense budget stands at US$1.7 billion in 2018 and registered a CAGR of 8.11% during 2014¬-2018.
  • The ongoing modernization of the country’s armed forces to meet NATO standards, along with its participation in international peacekeeping missions, drove Hungary’s defense expenditure during the historic period.
Reasons to buy
  • This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Hungarian 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 during 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 Hungarian defense industry covering sections including demand drivers, Key Trends , and latest industry contracts.


  • Introduction
    • What is this Report About?
    • Definitions
    • Summary Methodology
    • About GlobalData
  • Executive Summary
  • Market Attractiveness and Emerging Opportunities
    • Current Market Scenario
      • Primary Threat Perception
      • Military Doctrine & Strategy
      • Military Fleet Size
        • Table Hungarian Army Strength
        • Table Hungarian Air Force Strength
      • Procurement Programs
        • Table Hungarian - Ongoing Development and Procurement Programs
        • Table Hungarian - Future Procurement Programs
        • Table The Hungarian Top Defense Procurement Programs by Value (US$ Million),2018-2023
      • Social, Political and Economic Environment and Support for Defense Projects
      • Political and Strategic Alliances
    • Defense Market Size Historical and Forecast
      • Hungarian defense budget to record a CAGR of 16.31% over the forecast period
        • Table Hungarian Defense Expenditure (HUF Billion& US$ Billion), 2014-2023
        • Table Figure 1: Hungarian Defense Expenditure (in HUF Billion), 2014-2023
        • Table Figure 2: Hungarian Defense Expenditure (US$ Billion), 2014-2023
      • The country's modernization efforts, to meet NATO standards, and its participation in peacekeeping missions will support defense expenditure
      • The defense budget as a percentage of GDP is expected to increase during the forecast period
        • Table HungarianGDP Growth and Defense Expenditure as Percentage of GDP Growth, 2014-2023
        • Table Figure 3: Hungarian GDP Growth vs. Defense Expenditure as Percentage of GDP, 2014-2023
    • Analysis of Defense Budget Allocation
      • Procurement of advanced equipment to drive capital expenditure allocation during the forecast period
        • Table Hungarian Defense Budget Split Between Capital and Revenue Expenditure (%), 2014-2023
        • Table Figure4: Hungarian Defense Expenditure Split Between Capital and Revenue Expenditure (%), 2014-2023
      • Hungarian Defense Capital expenditure is expected to grow at a CAGR of 20.44% over the forecast period
        • Table Hungarian Defense Capital Expenditure (HUF Billion & US$ Million), 2014-2023
        • Table Figure 5: Hungarian Defense Capital Expenditure (HUFBillion), 2014-2023
        • Table Figure 6: Hungarian Defense Capital Expenditure (US$ Billion), 2014-2023
      • Per capita defense expenditure expected to increase during the forecast period
        • Table Hungarian Per Capita Expenditure (US$), 2014-2023
        • Table Figure 7: Hungarian Per Capita Expenditure (US$), 2014-2023
    • Homeland Security Market Size and Forecast
      • Investment in the protection of infrastructure and cyber security are expected to drive the Hungarian homeland security market
      • Hungary falls under "some risk" category on the Terrorism Index
        • Table Figure 8: Terrorism Heat Map, 2018
      • Hungary faces "some risk" by acts of terrorism
        • Table Terrorism Index, 2018
      • Hungary has a terrorism index score of 0.8
        • Table Figure 9: Terrorism Index, 2018
    • Benchmarking with Key Global Markets
      • Hungarian defense budget expected to register rapid growth over the period 2019- 2023
        • Table Benchmarking with Key Markets, 2014-2018 vs. 2019-2023
        • Table Figure 10: Benchmarking with Key Markets, 2014-2018 vs. 2019-2023
      • Hungarian defense expenditure is relatively small when compared to the leading defense spenders
        • Table Figure 11: Defense Expenditure of the World's Largest Military Spenders (US$ Billion), 2018 and 2023
      • Hungary spent about 1.1% of its GDP on defense in 2018
        • Table Figure 12: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2018
    • Market Opportunities: Key Trends and Drivers
      • Top 10 Defense Sectors by Value (US$ Million) - Projections over 2018-2023
        • Table Top Hungarian Defense Sectors by Value (US$ Million), 2018-2023
      • Multi-role aircraft
        • Table Figure 13:Multi-role Aircraft Market Size (US$ Million), 2018-2023
      • Airborne C4ISR
        • Table Figure 14: Airborne C4ISR Market Size (US$ Million), 2018-2023
      • Combat Aircraft Engines
        • Table Figure 15: Combat Aircraft Engines Market Size (US$ Million), 2018-2023
  • Defense Procurement Market Dynamics
    • Table Figure 16: Top Hungarian Defense Procurements in Terms of Their Supplier Relationships
    • Import Market Dynamics
      • Limitations of the domestic defense industry to encourage arms imports
      • Defense imports are forecast to grow during the forecast period
        • Table Figure 17: Hungarian Defense Imports (US$ million), 2013-2017
      • Sweden continues to be the major arms supplier to Hungary
        • Table Figure 18: Hungarian Defense Imports by Country (%), 2013-2017
      • Aircraft and Missiles dominates Hungarian defense imports
        • Table Figure 19: Hungarian Defense Imports by Category, 2013-2017
    • Export Market Dynamics
      • Defense exports are forecast to grow during the forecast period
        • Table Figure 20: Hungarian Defense Exports (US$ million), 2013-2017
      • Hungary supplies most of its defense equipment to Ethiopia
      • Arms exports likely to increase over the forecast period
  • Industry Dynamics
    • Five Forces Analysis
      • Table Figure 21: Industry Dynamics Porter's Five Forces Analysis
      • Bargaining power of supplier: Low to Medium
      • Bargaining power of buyer: Medium to High
      • Barrier to entry: Medium to High
      • Intensity of rivalry: Medium to High
      • Threat of substitution: Low to Medium
  • Market Entry Strategy
    • Market Regulation
      • Offset policy mandates suppliers invest a minimum of 100% of the contract value into the Hungarian economy
        • Table Offset Regulations in Hungary
      • Hungary allows 100% foreign direct investment with the exception of designated 'strategic' holdings in some defense-related industries.
    • Market Entry Route
      • Budget Process
        • Table Hungarian Budget Formation Timetable
      • Procurement Policy and Process
      • Foreign OEMs enter the market through the Government to Government deals
      • EDA promotes defense procurements within the EU
    • Key Challenges
      • Low defense budget weighs down market prospects
  • Competitive Landscape and Strategic Insights
    • Competitive Landscape Overview
      • Table Competitive Landscape of the Hungarian Defense Industry
      • Table Top Defense Suppliers in the Hungarian Defense Industry - By Value (US$ Million) 2018- 2023
    • Key Domestic Companies
      • Danube Aircraft Company: Overview
      • Danube Aircraft Company: Services
        • Table Danube Aircraft Company - Services
      • Danube Aircraft Company: Recent Contract Wins
        • Table Danube Aircraft Company. - Recent Contract Wins
    • Key Foreign Companies
      • SAAB- Overview
      • SAAB- Major Products and Services
        • Table SAAB - Major Products and Services
      • SAAB - recent announcements and strategic initiatives
      • SAAB - alliances
        • Table SAAB - Alliances
      • SAAB - recent contract wins
        • Table SAAB - Recent Contract Wins
      • SAAB: Financial Analysis
        • Table Figure 22: SAAB - Revenue Trend Analysis (SEKBillion), 2013-2017
        • Table Figure 23: SAAB - Operating Profit Trend Analysis (SEKMillion), 2013-2017
        • Table Figure 24: SAAB - Net Profit Trend Analysis (SEKMillion), 2013-2017
      • MBDA- overview
      • MBDA - Product Focus
        • Table MBDA - Product Focus
      • MBDA - recent announcements and strategic initiatives
      • MBDA - Alliances
        • Table MBDA - Alliances
      • MBDA: Recent Contract Wins
        • Table MBDA - Recent Contract Wins
  • Business Environment and Country Risk
    • Economic Performance
      • GDP per Capita
        • Table Figure 25: Hungarian GDP Per Capita (US$), 2015-2025
      • Gross Domestic Product
        • Table Figure 26: Hungarian GDP at Current Prices (US$ Billion), 2015-2025
      • Exports of Goods and Services (LCU Billion)
        • Table Figure 27: Hungarian Exports of goods and services (LCU Billion), 2005-2014
      • Imports of Goods and Services (LCU Billion)
        • Table Figure 28: Hungarian Imports of goods and services (LCU Billion), 2005-2014
      • Gross National Disposable Income (US$ Billion)
        • Table Figure 29: Hungarian Gross National Disposable Income (US$ Billion), 2005-2013
      • LCU per USD (period average)
        • Table Figure 30: LCU per USD (US$), 2015-2024
      • Market Capitalization of Listed Companies
        • Table Figure 31: HungarianMarket Capitalization of Listed Companies (US$ Billion), 2005-2012
      • Market Capitalization of listed companies as a % GDP
        • Table Figure 32: Hungarian Market Capitalization of Listed Companies (% of GDP), 2005-2012
      • Foreign direct investment, net (BoP, current US$ Billion)
        • Table Figure 33: Hungarian Net Foreign Direct Investment (BoP, Current US$ Billion) 2005-2014
      • Net foreign direct investment as % of GDP
        • Table Figure 34: Hungarian Net Foreign Direct Investment as a % of GDP 2005-2014
      • Mining, Manufacturing, Utilities Output (LCU Billion)
        • Table Figure 35: HungarianMining, Manufacturing, Utilities Output (LCU Billion), 2005-2014
  • Appendix
    • About GlobalData
    • Disclaimer

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