Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
This 167 page report provides a top level overview of the Canadian defense industry, offering insights intoand entry strategies adopted by foreign OEMs to gain a market share in the Canadian defense industry. In particular, it offers in-depth analysis of defense industry market size from 2005 through 2010 and forecasts till 2016 and provides an insight into the Canadian defense industry with current, historic and forecast market values.
The report predicts an increase in the forecast period (2011–2016), The reduced growth rate of the defense budget during the forecast period is due to budget cuts announced by the government to reduce its fiscal deficit. As a result, the defense budget is expected to decrease by 2016. Canadian defense expenditure is mainly driven by the modernization of its armed forces outlined in theFirst Defence Strategy (CFDS), the country’s participation in various peacekeeping missions around the world, and the need to ensure the sovereignty of the Arctic region, which has become vulnerable to foreign intrusions due to climate change and speculation surrounding oil reserves in the area.
Companies covered in this report:, , , , , , , , , , , , Canada Ltd.
Report publication date: October 7, 2011
To order the report please contact [email protected] and ask for DF0058MR-SP.pdf