Defense Spending in Canada - Market Summary, Competitive Analysis and Forecast to 2025

Defense Spending in Canada - Market Summary, Competitive Analysis and Forecast to 2025

Summary

Defense Spending in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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 Canadian defense spending market had total budget allocation of $16.9bn in 2020, representing a compound annual growth rate (CAGR) of 6.8% between 2016 and 2020.
  • Market consumption volumes declined with a compound annual rate of change (CARC) of -1.7% between 2016 and 2020, to reach a total of 63,000 active serving personnel in 2020.
  • Growth in the market during 2017 came as the US, under the leadership of Donald Trump, began to recluse itself from its status as global enforcer due to the ‘America first’ mantra of the Trump regime.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the defense spending market in Canada
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the defense spending market in Canada
  • 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 Canada defense spending market with five year forecasts
Reasons to Buy
  • What was the size of the Canada defense spending market by value in 2020?
  • What will be the size of the Canada defense spending market in 2025?
  • What factors are affecting the strength of competition in the Canada defense spending market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Canada's defense spending market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What was the rationale behind recent M&A activity?
7.4. Have there been any significant contract wins in recent years?
8 Company Profiles
8.1. Bombardier Inc
8.2. General Dynamics Mission Systems Inc
8.3. Lockheed Martin Aeronautics Company
8.4. CAE Inc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Canada defense spending market value: $ million, 2016-20
Table 2: Canada defense spending market volume: active serving personnel, 2016-20
Table 3: Canada defense spending market category segmentation: $ million, 2020
Table 4: Canada defense spending market geography segmentation: $ million, 2020
Table 5: Canada defense spending market value forecast: $ million, 2020-25
Table 6: Canada defense spending market volume forecast: active serving personnel, 2020-25
Table 7: Bombardier Inc: key facts
Table 8: Bombardier Inc: Annual Financial Ratios
Table 9: Bombardier Inc: Key Employees
Table 10: General Dynamics Mission Systems Inc: key facts
Table 11: General Dynamics Mission Systems Inc: Key Employees
Table 12: Lockheed Martin Aeronautics Company: key facts
Table 13: Lockheed Martin Aeronautics Company: Key Employees
Table 14: CAE Inc.: key facts
Table 15: CAE Inc.: Annual Financial Ratios
Table 16: CAE Inc.: Key Employees
Table 17: Canada size of population (million), 2016-20
Table 18: Canada gdp (constant 2005 prices, $ billion), 2016-20
Table 19: Canada gdp (current prices, $ billion), 2016-20
Table 20: Canada inflation, 2016-20
Table 21: Canada consumer price index (absolute), 2016-20
Table 22: Canada exchange rate, 2016-20
List of Figures
Figure 1: Canada defense spending market value: $ million, 2016-20
Figure 2: Canada defense spending market volume: active serving personnel, 2016-20
Figure 3: Canada defense spending market category segmentation: % share, by value, 2020
Figure 4: Canada defense spending market geography segmentation: % share, by value, 2020
Figure 5: Canada defense spending market value forecast: $ million, 2020-25
Figure 6: Canada defense spending market volume forecast: active serving personnel, 2020-25
Figure 7: Forces driving competition in the defense spending market in Canada, 2020
Figure 8: Drivers of buyer power in the defense spending market in Canada, 2020
Figure 9: Drivers of supplier power in the defense spending market in Canada, 2020
Figure 10: Factors influencing the likelihood of new entrants in the defense spending market in Canada, 2020
Figure 11: Factors influencing the threat of substitutes in the defense spending market in Canada, 2020
Figure 12: Drivers of degree of rivalry in the defense spending market in Canada, 2020

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