Future of the Israeli Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019 provides readers with a detailed analysis of both historic and forecast Israeli defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies and key news. Gain information about the various military requirements that are expected to generate revenues during the forecast period.
Defense expenditure is expected to record growth at a CAGR of just under 6% during the forecast period. This growth can be partially attributed to the US$15.5 billion, the country receives as military aid from the US scheduled by 2019. Moreover, the continued security threats from Palestine terrorist organizations and hostile relationship with Iran and Syria are forecast to result in Israel spending over US$111 billion on defense during the forecast period.
During the forecast period, Israeli defense expenditure as a percentage of GDP is expected to average 5.3%, owing to the increasing territorial conflicts with Palestine and the subsequent threats posed to the security of the nation. Consequently, Israel is expected to focus its expenditure on the procurement of fighter aircraft, missiles, frigates, border security equipment, and communication systems.
In addition to domestic distribution, Israeli defense firms also export homeland security equipment to countries in Central Europe, the Far East, Asia, Latin America, South Africa, Western Europe, and the US.