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Defense Industry Business Confidence Report - H2 2017

Defense Industry Business Confidence Report - H2 2017

Summary

The existing economic environment is stable for the defense industry, and customer confidence levels will remain positive during H2 2017. Increasing demand for innovative military equipment, a rise in the US military budget to fight against terrorism, and investment in new defense projects and deals to strengthen the defense industry are some of the major factors projected to drive growth prospects in North America and Asia-Pacific regions. The defense industry is expected to record higher expenditure towards new product development in H2 2017 compared to H1 2017. Survey respondents across the globe are apprehensive about exchange rate volatility, cybercrime, and political changes in countries of operation during H2 2017. Globally, operational efficiency, customer retention, and protecting and growing market share are the most preferred priorities for defense executives over the next six months.

Synopsis

- SDI’s Defense Industry Business Confidence Report examines executives’ opinion about the business environment during H2 2017 compared to H1 2017.
- It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and key priorities. Additionally, the report provides information categorized by region.

What else does this report offer?
- Current state of the global economy: examines prevailing economic conditions globally and across various regions during H2 2017 compared to H1 2017
- Company and industry growth outlook: provides industry executives’ expectations towards the growth prospects of their company and the industry over the next six months
- Change in customer confidence: analyzes defense industry executives’ opinion about the change in customer confidence during H2 2017 compared to H1 2017
- Supplier prices projection: determines expected change in supplier prices across various categories and their impact on business confidence
- Change in staff headcount and sales performance: tracks expected change in staff headcount and sales for H2 2017 among industry executives globally
- Significant investment activities: highlights various areas in which industry executives intend to invest over the next six months
- Business concerns: provides information about potential business concerns indicated by survey respondents for H2 2017
- Key priorities: identifies the top priorities of industry executives operating in various regions

Scope

- In total, 56% and 40% of industry executives indicate favorable or very favorable economic conditions in North America and Asia respectively
- On average, defense industry respondents project an increase of 5.7% in the current state of the economy in Asia during H2 2017
- Executives have become more optimistic about industry and company growth in H2 2017 compared to H1 2017
- The performance of developing economies and increasing tax burdens are the key economic concerns for global defense executives
- Customer retention is the most preferred priority for the global defense industry over the next six months

Reasons to buy

- Helps organizations to make effective business strategy decisions by knowing the prevailing business conditions and sentiment within the defense industry
- Organizations will be supported in business expansion decisions by providing information about projected change in sales performance and supplier prices during H2 2017 compared to H1 2017
- Helps to improve operational efficiency of the organization by knowing about key priorities and the main concerns of defense industry executives
- Helps to alter investment allocation by understanding key focus areas highlighted by survey respondents during H2 2017 compared to H1 2017


Introduction
Definitions
Methodology and sample size
Respondent profile
Confidence indexes
Economic state, growth prospects and customer confidence
Existing economic environment
Industry and company growth outlook
Expected change in customer confidence
Supplier prices, staff headcount and sales performance
Supplier prices expectations
Anticipated change in staff head count and sales projections
Anticipated change in spend on key activities
Business concerns and organizational priorities
Level of concerns and expected impact
Significance of potential business priorities
Appendix
List of Figures
Figure 1: Confidence indexes
Figure 2: Current economic condition - Overall (H2 2017) comparison (H1 2017-H2 2017)
Figure 3: Current economic condition - Region
Figure 4: Current economic condition - Region - (H1 2017-H2 2017)
Figure 5: Current economic condition - Those who operate and do not operate in a region
Figure 6: Industry and company growth prospects - Overall
Figure 7: Industry and company growth prospects - Overall - In detail - comparison (H1 2017-H2 2017)
Figure 8: Industry and company growth prospects - Region
Figure 9: Industry and company growth prospects - Region - (H1 2017-H2 2017)
Figure 10: Anticipated variation in customer confidence - Overall (H2 2017) comparison (H1 2017-H2 2017)
Figure 11: Anticipated variation in customer confidence - Region
Figure 12: Anticipated variation in customer confidence - Region - (H1 2017-H2 2017)
Figure 13: Projected change in supplier prices - Technology - Overall and regional
Figure 14: Projected change in supplier prices - Technology - Regional - (H1 2017-H2 2017)
Figure 15: Projected change in supplier prices - Power and Energy - Overall and regional
Figure 16: Projected change in supplier prices - Power and Energy - Regional - (H1 2017-H2 2017)
Figure 17: Projected change in supplier prices - Equipment and Components - Overall and regional
Figure 18: Projected change in supplier prices - Equipment and Components - Regional - (H1 2017-H2 2017)
Figure 19: Staff headcount and sales outlook - Regional - (H1 2017-H2 2017)
Figure 20: Expenditure projection on key activities - Overall
Figure 21: Expenditure projection on key activities - Overall - (H1 2017-H2 2017)
Figure 22: Top five business concerns - Region
Figure 23: Business concerns - Overall and regional - A
Figure 24: Business concerns - Overall and regional - B
Figure 25: Business concerns - Overall and regional - C
Figure 26: Top five organizational priorities - Region
Figure 27: Organizational priorities - Overall and region
Figure 28: Organizational priorities - Overall and region - Change compared to H1 2017

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