Future of the danish defense industry market attractiveness, competitive - Reports Corner

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Future of the Danish Defense Industry - Market Attractiveness,
Competitive Landscape and Forecasts to 2018

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Reports Cornerwww.reportscorner.com
"Product Synopsis:This report is the result of SDI's extensive
market and company research covering the Danish defense
industry, and provides detailed analysis of both historic and
forecast defense industry values including key growth
stimulators, analysis of the leading companies in the industry, and
key news."

Brief SummaryBrief Summary
Product Synopsis
This report is the result of SDI's extensive market and company
research covering the Danish defense industry, and provides
detailed analysis of both historic and forecast defense industry
values including key growth stimulators, analysis of the leading
companies in the industry, and key news.
Introduction and Landscape
Why was the report written?
The Future of the Danish Defense Industry - Market
Attractiveness, Competitive Landscape and Forecasts to 2018
offers the reader an insight into the market opportunities and
entry strategies adopted by foreign original equipment
manufacturers (OEMs) to gain market share in the Danish defense
industry.
What is the current market landscape and what is changing?

The Danish defense budget, valued at US$4.1 billion in 2013, is
estimated to register a CAGR of -9.16% during the forecast period
and decline to US$2.8 billion by 2018. This decrease in spending
is expected to be primarily due to the country's public debt, which
will force Denmark to cut its defense budget over the forecast
period. Primarily driven by capability building and participation in
NATO and UN operations, the country's defense expenditure is
expected to focus more on the procurement of equipment for its
maritime security, cyber security, missile defense, and
counterterrorism capabilities over the period 2014-2018. The
country's defense imports and exports are expected to increase
marginally over the forecast period.
What are the key drivers behind recent market changes?

Denmark's defense priorities focus on enhancing the capabilities
of its armed forces to deploy force contributions at short notice
for safeguarding Danish interests at home and abroad, and for
participation in NATO's operations and UN peacekeeping
operations. These factors are expected to drive the country's
military expenditure over the forecast period.
What makes this report unique and essential to read?
The Future of the Danish Defense Industry - Market
Attractiveness, Competitive Landscape and Forecasts to 2018
provides detailed analysis of the current industry size and growth
expectations from 2014 to 2018, including highlights of key
growth stimulators. It also benchmarks the industry against key
global markets and provides a detailed understanding of
emerging opportunities in specific areas.

Key Features and Benefits
The report provides detailed analysis of the current industry size
and growth expectations from 2014 to 2018, including highlights
of key growth stimulators, and also benchmarks the industry
against key global markets and provides a detailed understanding
of emerging opportunities in specific areas.
The report includes trend analysis of imports and exports,
together with their implications and impact on the Danish defense
industry.
The report covers five forces analysis to identify various power
centers in the industry and how these are expected to develop in
the future.

The report allows readers to identify possible ways to enter the
market, together with detailed descriptions of how existing
companies have entered the market, including key contracts,
alliances, and strategic initiatives.
The report helps the reader to understand the competitive
landscape of the defense industry in Denmark. It provides an
overview of key defense companies, both domestic and foreign,
together with insights such as key alliances, strategic initiatives,
and a brief financial analysis.
Key Market Issues
Denmark has a small defense budget when compared to other
European countries such as the UK, Germany, and France, and is
likely to register negative growth over the forecast period.

As the Danish government allocates a small proportion of its
budget to defense, the country spends less on the purchase of
equipment and high-technology arms and ammunition. Moreover,
the country spends less on advanced technology and research
and development, resulting in lower export capacities.
Consequently, the country's low defense budget has become a
barrier to entry for foreign companies. As Denmark's defense
industry comprises small companies with little specialization in a
particular weapon category, and due to a lack of advanced
defense technology, foreign weapon suppliers wishing to conduct
business face challenges in infrastructure. Although these foreign
suppliers can bring in advanced technology, this will result in
technology imports without any offset incentives. Foreign
suppliers face challenges on these fronts while pursuing a
defense business opportunity.

Denmark is a member of the Nordic Council, which was formed in
1952 with the purpose of enhancing economic co-operation
among Nordic countries. Moreover, with the formation of the
Nordic Defense Co-operation (NORDEFCO) in 2009, defense
procurement from - and joint equipment development programs
with -Nordic member countries are likely to increase during the
forecast period. Additionally, as Denmark has signed a defense
co-operation treaty with the US, the country is giving preference
to US companies while purchasing defense materials. As a
consequence, it has become challenging for companies from
countries other than the US and those in the Nordic region to
enter the Danish defense market.
Key Highlights

Safeguarding Danish interests: The primary purpose of Danish
armed forces is to enforce the sovereignty of the kingdom and
safeguarding Danish interests in Greenland, Faroe Islands and
abroad. In addition, the country's armed forces are also expected
to carry out national tasks such as surveillance and rescue
operations. Climate changes leading to increased geographic
accessibility in Arctic region have been resulting in heightened
commercial activity in the area. The Danish armed forces are
expected to safeguard the country's right to extract natural
resources in Greenland and the Arctic region. During the review
period, the Ministry of Defense undertook a number of major
reorganizations of its armed forces to equip relevant and
contemporary capacities. In addition, the Danish government
believes that the continuous proliferation of weapons of mass
destruction and long-range missiles along with cyber-attacks
pose major security threats to Danish interests.

International developments coupled with these factors will lead to
altered requirements for the capacity development of Danish
armed forces, which is expected to deploy its forces quickly and
flexibly, with a focus on short as well as sustained operations. As
part of the capacity development, the Danish government is
planning to equip its armed forces with modern military arms and
equipment such as joint strike fighter aircraft, marine helicopters,
armored vehicles, patrol vessels, small ships, radars and
communication systems, new artillery systems, and ballistic
missile defense systems among others. International
Peacekeeping missions: Denmark is the main contributor to NATO
(KFOR) operations in Kosovo with a commitment of about 150
military personnel. In November 2010 Denmark reaffirmed its
commitment to assist NATO forces in Afghanistan and also
committed to help train Afghan security forces ahead of an
eventual withdrawal of NATO troops scheduled at the end of 2014,
allowing the country to assume full sovereignty.

Cyber-warfare has moved up the list of favorite mode of attack by
terrorist groups over the last five years. The possibility of
destroying the nation's strategic resources even without entering
into the country is appealing to these terrorists groups and
instances of such cyber-attacks have been increasing. Danish
Defense Intelligence identified cyber war as the most serious
threat to national security in its risk assessment announced in
October 2012. The Danish government placed high priority on
cyber security and established a Computer Emergency Response
Team (CERT), which joined the Europe Government CERTs group
(EGC group), a joint effort by European countries to counter
cyber-attacks. Furthermore, Denmark's Defense Intelligence
Service is planning to establish a cyber warfare unit 'Center for
Cyber Security' to safeguard its military network from cyber-
attacks with an estimated budget of US$6 million.

The center's budget is expected to increase annually to reach
US$26 million by 2017 and will be handling both defensive and
offensive cyber security measures.
Arms imports in Denmark declined sharply in 2010 and 2011 due
to the country's budget cuts, which recovered in 2012. The
country's defense imports are expected to recover gradually over
the forecast period, as the country plans to modernize its military
and procurement of F-35 joint strike fighters, MH-60R marine
helicopters, and ballistic missile defense systems. Denmark
sourced 31.8% of its defense import requirements from the UK
during 2008-2012, followed by Sweden, the Netherlands and
Germany, accounting for 29.7%, 18.0%, and 10.0% of defense
imports respectively. Switzerland and the US were other major
arms suppliers for the country. Over the period 2013-2017, the
country is expected to increase its defense imports, especially
from the US and its European neighbors.

Table of ContentsTable of Contents
1 Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. SDI Terrorism Index
1.5. About Strategic Defence Intelligence
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities
3.1. Defense Market Size Historical and Forecast
3.1.1. Danish defense expenditure expected to register a CAGR of -9.1% over the forecast period
3.1.2. Capability building, and participation in NATO and UN operations expected to drive defense
spending over the forecast period
3.1.3. Denmark's defense expenditure as a percentage of GDP expected to decrease
3.2. Analysis of Defense Budget Allocation
3.2.1. Share of Capital Expenditure expected to increase over forecast period
3.2.2. Share of equipment expenditure expected to remain same over forecast period

3.2.3. Procurement of helicopter and artillery system to drive Denmark's equipment expenditure
3.2.4. Budget allocation for other capital expenditure to register a CAGR of -0.91% during the forecast
period
3.2.5. Share of personnel expenditure expected to decrease over forecast period
3.2.6. Per capita defense expenditure set to decrease over the forecast period
3.3. Homeland Security Market Size and Forecast
3.3.1. Danish homeland security expenditure expected to increase at a CAGR of 3.15%
3.3.2. Cyber security and counter terrorism are main homeland security concerns
3.3.3. Denmark falls under “low risk” of terrorism category
3.4. Benchmarking with Key Global Markets
3.4.1. Denmark defense budget expected to decline over the forecast period
3.4.2. Denmark to follow its European neighbors in cutting defense spending
3.4.3. Denmark follows its neighbors in allocating lower share of GDP for defense
3.4.4. Denmark faces low threat from foreign terrorist organizations
3.5. Market Opportunities: Key Trends and Growth Stimulators

3.5.1. Fighters and Multi-Role Aircraft
3.5.2. Maritime Helicopter
3.5.3. Rotorcraft MRO
3.5.4. Maritime Security
3.5.5. Air Defense Missile Systems
4 Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Defense imports are expected to recover over the forecast period
4.1.2. Denmark sourced majority of its arms imports from its neighbors
4.1.3. Armored vehicles and Aircraft dominate military hardware imports
4.2. Export Market Dynamics
4.2.1. Arms exports to recover during the forecast period
4.2.2. Denmark arms exports expected to increase
4.2.3. Aircraft and Ships are the main exported defense products
5 Industry Dynamics

5.1. Five Forces Analysis
5.1.1. Bargaining power of supplier: low
5.1.2. Bargaining power of buyer: high
5.1.3. Barrier to entry: low
5.1.4. Intensity of rivalry: medium to high
5.1.5. Threat of substitution: high
6 Market Entry Strategy
6.1. Market Regulation
6.1.1. Offset policy aids development of domestic defense industry
6.1.2. Denmark permits 100% foreign direct investment in defense sector
6.2. Market Entry Route
6.2.1. Forming subsidiaries or acquiring Danish companies are good market entry opportunities
6.2.2. Forming consortiums and product development agreements open new market entry strategy
choices
6.2.3. Joint weapon development programs are a viable market entry opportunity
6.3. Key Challenges

6.3.1. Low defense budget and limited technological capability hinder market entry by foreign companies
6.3.2. Preference to procurement from US and Nordic companies challenging for other suppliers
7 Competitive Landscape and Strategic Insights
1.1 Competitive Landscape Overview
1.2 Key Foreign Companies
7.1.1. Systematic A/S: overview
7.1.2. Systematic A/S: products and services
7.1.3. Systematic A/S: recent announcements and strategic initiatives
7.1.4. Systematic A/S: alliances
7.1.5. Systematic A/S: recent contract wins
7.1.6. Terma A/S: overview
7.1.7. Terma A/S: products and service
7.1.8. Terma A/S: recent announcements and strategic initiatives
7.1.9. Terma A/S: alliances
7.1.10. Terma A/S: recent contract wins

7.1.11. AP Services A/S: overview
7.1.12. AP Services A/S: products and services
7.1.13. Arenalogic ApS: overview
7.1.14. Arenalogic ApS: products and services
7.1.15. Arenalogic ApS: recent announcements and strategic initiatives
7.1.16. Arenalogic ApS: alliances
7.1.17. Copenhagen Sensor Technology ApS: overview
7.1.18. Copenhagen Sensor Technology ApS: products and services
7.1.19. Copenhagen Sensor Technology ApS: recent announcements and strategic initiatives
7.1.20. Copenhagen Sensor Technology ApS: alliances
7.1.21. Danish Aerotech A/S: overview
7.1.22. Danish Aerotech A/S: products and services
7.1.23. Danish Aerotech A/S: recent announcements and strategic initiatives
7.1.24. Danish Aerotech A/S: alliances
7.1.25. Danish Aerotech A/S: recent contract wins

7.1.26. Falck Schmidt Defence Systems A/S: overview
7.1.27. Falck Schmidt Defence Systems A/S: products and services
7.1.28. Falck Schmidt Defence Systems A/S: recent announcements and strategic initiatives
7.1.29. Falck Schmidt Defence Systems A/S: alliances
7.1.30. Falck Schmidt Defence Systems A/S: recent contract wins
7.1.31. IFAD TS A/S: overview
7.1.32. IFAD TS A/S: products and services
7.1.33. IFAD TS A/S: recent announcements and strategic initiatives
7.1.34. IFAD TS A/S: alliances
7.1.35. IFAD TS A/S: recent contract wins
1.3 Key Foreign Companies
7.1.36. Alcatel-Lucent Denmark A/S: overview
7.1.37. Alcatel-Lucent Denmark A/S: products and services
7.1.38. Alcatel-Lucent Denmark A/S: recent announcements and strategic initiatives
7.1.39. Alcatel-Lucent Denmark A/S: recent contract wins

7.1.40. Lockheed Martin Denmark: overview
7.1.41. Lockheed Martin Denmark: products and services
7.1.42. Lockheed Martin Denmark: recent announcements and strategic initiatives
7.1.43. Lockheed Martin Denmark: alliances
7.1.44. Lockheed Martin Denmark: recent contract wins
7.1.45. TenCate Advanced Armour Denmark A/S: overview
7.1.46. TenCate Advanced Armour Denmark A/S: defense products
7.1.47. TenCate Advanced Armour Denmark A/S: recent announcements and strategic initiatives
7.1.48. TenCate Advanced Armour Denmark A/S: alliances
7.1.49. TenCate Advanced Armour Denmark A/S: recent contract wins
8 Business Environment and Country Risk
8.1. Demographics and Social Statistics
8.1.1. Population - Rural
8.1.2. Population - Urban
8.1.3. Population - Number of Households

8.2. Economic Performance
8.2.1. Gross Domestic per Capita
8.2.2. Gross Domestic Product, current US$
8.2.3. Exports of Goods and Services
8.2.4. Imports of Goods and Services
8.2.5. Gross National Disposable Income
8.2.6. Manufacturing Output
8.2.7. Consumer Price Index
8.2.8. Wholesale Price Index
8.2.9. Local Currency Unit per US$
8.2.10. Local Currency Unit per EUR
8.2.11. Market Capitalization of Listed Companies
8.2.12. Market Capitalization of Listed Companies as a % of GDP
8.2.13. Total Government Cash Surplus/Deficit
8.2.14. Government Cash Surplus/Deficit

8.2.15. Central Government Debt
8.2.16. Central Government Debt as a % of GDP
8.2.17. Goods Exports as a % of GDP
8.2.18. Goods Imports as a % of GDP
8.2.19. Goods Trade Surplus/Deficit as a % of GDP
8.2.20. Services Imports as a % of GDP
8.2.21. Services Exports as a % of GDP
8.2.22. Services trade surplus/deficit as a % of GDP
8.2.23. Net Foreign Direct Investment
8.2.24. Net FDI as a percentage of GDP
8.2.25. International reserves, including Gold
8.3. Energy and Utilities
8.3.1. Total Conventional Thermal Electricity Net Generation
8.3.2. Hydroelectricity Net Generation
8.3.3. Nuclear Electricity Net Generation

8.3.4. Total Conventional Thermal Electricity Installed Capacity
8.3.5. Total Electricity Exports
8.3.6. Total Electricity Imports
8.3.7. Proved Reserves of Natural Gas (Trillion Cubic Feet)
8.3.8. Total Petroleum Consumption
8.3.9. Crude Oil Proved Reserves (Billion Barrels)
8.3.10. Total Non-Hydro Renewable Electricity Net Generation
8.4. Infrastructure Quality and Availability
8.4.1. Roads, total network (km)
8.4.2. Rail lines, total network
8.5. Minerals
8.5.1. Mining, Manufacturing, Utilities Output
8.6. Technology
8.6.1. Research and development expenditure
8.6.2. Patents Granted

8.7. Telecommunication
8.7.1. Telephone lines
8.7.2. Telephone lines Penetration Rate
9 Appendix
9.1. About SDI
9.2. Disclaimer

For more informationFor more information
For more information please visit our website
https://www.reportscorner.com/reports/22395/Future-of-the-Danish-Defense-
Industry---Market-Attractiveness,-Competitive-Landscape-and-Forecasts-to-2018/

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