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Defense Spending in Australia

Defense Spending in Australia

Summary

Defense Spending in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Australia defense spending market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

Defense spending covers capital items, military personnel, government defense agencies, and related expenditure on defense and peacekeeping. The value of the market is taken to include both current and capital expenditure on the armed forces (including funding contributions to peacekeeping forces, such as the United Nations Peacekeeping Forces), defense ministries and other government agencies engaged in defense projects, paramilitary forces (when judged to be trained and equipped for military operations) and military space activities. Expenditure on personnel (including salaries and social services of both military and civil personnel, and retirement pensions of military personnel), procurement, research and development, infrastructure spending, military aid (taken as expenditure by the donor country) and general operations and maintenance are also included. Note that current expenditure on previous military activity such as veterans' benefits, weapon destruction, demobilization, and defense conversion are all excluded, as is expenditure on civil defense.

The Australian defense spending market is expected to generate total budget allocation of $25.6bn in 2017, representing a compound annual growth rate (CAGR) of 7.5% between 2013 and 2017.

Market volume is forecast to increase with a CAGR of 0.3% between 2013 and 2017, to reach a total of 57.5 thousand armed forces personnel in 2017.

The Australian government is aiming to meet its defense spending target of 2% of GDP target by 2021, but is also looking for savings. The savings will come from “reductions in the numbers of consultants and contractors used in defence as well as limiting the use of non-operational overseas and business travel”.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the defense spending market in Australia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the defense spending market in Australia
  • Leading company profiles reveal details of key defense spending market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Australia defense spending market with five year forecasts by both value and volume
Reasons to buy
  • What was the size of the Australia defense spending market by value in 2017?
  • What will be the size of the Australia defense spending market in 2022?
  • What factors are affecting the strength of competition in the Australia defense spending market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Australia's defense spending market?


Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
BAE Systems plc
The Boeing Company
Thales SA
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Australia defense spending market value: $ million, 2013-17(e)
Table 2: Australia defense spending market volume: thousand armed forces personnel, 2013-17(e)
Table 3: Australia defense spending market category segmentation: $ million, 2017(e)
Table 4: Australia defense spending market geography segmentation: $ million, 2017(e)
Table 5: Australia defense spending market value forecast: $ million, 2017-22
Table 6: Australia defense spending market volume forecast: thousand armed forces personnel, 2017-22
Table 7: BAE Systems plc: key facts
Table 8: BAE Systems plc: key financials ($)
Table 9: BAE Systems plc: key financials (£)
Table 10: BAE Systems plc: key financial ratios
Table 11: The Boeing Company: key facts
Table 12: The Boeing Company: key financials ($)
Table 13: The Boeing Company: key financial ratios
Table 14: Thales SA: key facts
Table 15: Thales SA: key financials ($)
Table 16: Thales SA: key financials (€)
Table 17: Thales SA: key financial ratios
Table 18: Australia size of population (million), 2013-17
Table 19: Australia gdp (constant 2005 prices, $ billion), 2013-17
Table 20: Australia gdp (current prices, $ billion), 2013-17
Table 21: Australia inflation, 2013-17
Table 22: Australia consumer price index (absolute), 2013-17
Table 23: Australia exchange rate, 2013-17
List of Figures
Figure 1: Australia defense spending market value: $ million, 2013-17(e)
Figure 2: Australia defense spending market volume: thousand armed forces personnel, 2013-17(e)
Figure 3: Australia defense spending market category segmentation: % share, by value, 2017(e)
Figure 4: Australia defense spending market geography segmentation: % share, by value, 2017(e)
Figure 5: Australia defense spending market value forecast: $ million, 2017-22
Figure 6: Australia defense spending market volume forecast: thousand armed forces personnel, 2017-22
Figure 7: Forces driving competition in the defense spending market in Australia, 2017
Figure 8: Drivers of buyer power in the defense spending market in Australia, 2017
Figure 9: Drivers of supplier power in the defense spending market in Australia, 2017
Figure 10: Factors influencing the likelihood of new entrants in the defense spending market in Australia, 2017
Figure 11: Factors influencing the threat of substitutes in the defense spending market in Australia, 2017
Figure 12: Drivers of degree of rivalry in the defense spending market in Australia, 2017
Figure 13: BAE Systems plc: revenues & profitability
Figure 14: BAE Systems plc: assets & liabilities
Figure 15: The Boeing Company: revenues & profitability
Figure 16: The Boeing Company: assets & liabilities
Figure 17: Thales SA: revenues & profitability
Figure 18: Thales SA: assets & liabilities

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