Austria Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027

Pages: 74 Published: March 30, 2022 Report Code: GDDF0746MR

The Austria defense expenditure was valued at $3.4 billion in 2022. The market is expected to grow at a CAGR of more than 1% during 2023-2027. The Austrian military is pursuing a number of programs to replace existing inventory, including a modern replacement to the Eurofighter, as well as new armored vehicles. This modernization will drive investment in the coming years.

The Austria defense market research report offers detailed analysis of the Austrian defense market with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

Austria Defense Market Overview

Austria Defense Market Overview

To gain more information on Austria defense market forecast, download a free report sample

Austria Defense Market Drivers and Trends

Austria is embarking on a number of programs to keep its forces advanced, which include a replacement for the Saab 105 jet-trainer, as well as AW169 helicopters and Pandur armored vehicles. The acquisition budget is increasing in the coming years, according to GlobalData intelligence, and a large amount of this budget will be dedicated to major programs. Austria has a few security threats, including instability in the Balkan region and threats from Russia, and it is increasingly contributing to EU security operations. These drivers require Austria to maintain an advanced military, which necessitates upgrade programs. This expenditure is expected be spread out, as the increased funding will not be enough to accommodate outright purchases. Instead, the country will need purchases to be spread across a number of years or potentially need to make second-hand purchases to alleviate financial shortfalls.

Austria sees the European Common Security and Defense Policy (CSDP) as critical to its own national security. The Federal Chancellery coordinates Austrian positions in response to the Policy. Austrian troops have contributed to a number of missions as part of the CSDP, including in Bosnia and Herzegovina as well as the anti-piracy operation Atalanta.

Key Austria Defense Market Sectors

  • Military Fixed Wing Aircraft
  • Military Infrastructure and Logistics
  • Military Rotorcraft.

The military fixed wing aircraft segment is forecast to be the largest sector in the Austrian defense market. This segment comprises only one sector, multirole aircraft. Within this segment the replacement for the Saab 105 is being procured, and whilst the supplier is yet to be decided this is likely to be a high value contract in line with Austrian military modernization.

The military infrastructure and logistics segment can be further categorized into central logistics, facilities management, and infrastructure construction. The relatively high levels of spending is due to Austrian cooperation with multi-lateral organizations including the EU and NATO, for which it hosts troops and groups requiring infrastructure support.

The military rotorcraft segment is forecast to be the third largest sector in Austria’s defense market. The contracts are for UH-60 Black Hawks, S-70 and AW169, which are due to be finished by 2024, with the S-70 and the UH-60s due to finish delivery in 2023.

Key Austria Defense Market Sectors

Key Austria Defense Market Sectors

For more Austria defense sector insights, download a free report sample

Key Austria Defense Platform Acquisitions

  • Saab 105 Replacement – Future Procurement
  • AW169
  • Pandur 6*6

Key Austria Defense Market Players

  • Fischer Advanced Composite Components AG
  • Kapsch TrafficCom AG
  • Frequentis AG
  • A3 Avionics GmbH
  • Atlas Aerospace GmbH
  • Glock GesmbH
  • FACC AG
  • Carbon Solutions Hintsteiner GmbH
  • Diamond Aircraft Industries GmbH
  • Hirtenberger AG

Market report scope

Market size (2022)  $3.4 billion
CAGR  >1% (2023-2027)
Forecast period 2022-2027
Key sectors Military Fixed Wing Aircraft, Military Infrastructure and Logistics, and Military Rotorcraft
Key defense platform acquisitions Saab 105 Replacement, AW169, and Pandur 6*6
Key companies Fischer Advanced Composite Components AG, Kapsch TrafficCom AG, Frequentis AG, A3 Avionics GmbH, Atlas Aerospace GmbH, Glock GesmbHy, FACC AG, Carbon Solutions Hintsteiner GmbH, Diamond Aircraft Industries GmbH, and Hirtenberger AG

Scope

It provides an in-depth analysis of the following –

  • Regulation: the procurement policy and the process is explained. This is coupled with an analysis of Austria’s military doctrine and strategy to provide a comprehensive overview of Austria’s military regulation.
  • Security Environment: political alliances and perceived security threats to Austria are examined; there help to explain trends in spending and modernization.
  • Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
  • Competitive landscape and strategic insights: analysis of the competitive landscape of the Austria defense industry.

Reasons to Buy

  • Determine prospective investment areas based on a detailed trend analysis of the Austria defense market over the next five years.
  • Gain an in-depth understanding of the underlying factors driving demand for different defense and internal security segments in the Austria market and identify the opportunities offered.
  • Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others.
  • Identify the major threats that are driving the Austria defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion.
  • Channel resources by focusing on the ongoing programs that are being undertaken by the Austria government.
  • Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also include information about the key products, alliances, recent contracts awarded, and financial analysis, wherever available.

Key Players

Leonardo
GDELS
BAE Systems
Krauss-Maffei Wegmann
MAN Truck and Bus
Fisched Advanced Composite Components
Atlas Aerospace GmbH
Diamond Aircraft Industries
Glock Gesmph
Rheinmetall Waffe Munition Arges
Scheibel Corp

Table of Contents

Table of Contents

Executive Summary

Defense Budget Assessment

Budgeting Process

Defense Market Size Historical And Forecast

Drivers Of Defense Expenditure

Analysis Of Defense Budget Allocation

Key Market Trends and Insights

Military Doctrine And Security Environment

Military Doctrine And Strategy

Political And Strategic Alliances

Market Entry Strategy And Regulations

Defense Procurement Bodies

Bidding Process

Funding Opportunities

Trade Associations and Defense Clusters

Austrian Tender Trends

Procurement Policy and Process

How is the type of procurement procedure decided?

Types of European Procurement Procedure

Types of Austrian National Procurement Procedure

Procurement Policy and Market Regulations

Market Entry Routes

Key Challenges

Major Deals and M&A

Market Attractiveness And Emerging Opportunities

Market Attractiveness, 2022-27

Top Defense Segments By Value

Import And Export Market Dynamics

Import Market Dynamics

Export Market Dynamics

Defense Platform Acquisitions

Defense Platform Acquisitions By Value

Saab 105 replacement

AW160

Pandur 6*6

Fleet Size

Competitive Landscape

Defense Companies Operating In Austria

Main Defense Companies

Appendix

About This Report

About Us

Contact Us

Frequently Asked Questions

The defense market size in Austria was valued at $3.4 billion in 2022.

 

 

 

 

The defense market in Austria is expected to grow at a CAGR of more than 1% during 2023 and 2027.

The key sectors in the Austrian defense market are military fixed wing aircraft, military infrastructure and logistics, and military rotorcraft.

The key defense platform acquisitions in the Austrian defense market are Saab 105 Replacement, AW169, and Pandur 6*6.

The key players in the Austrian defense market include Fischer Advanced Composite Components AG, Kapsch TrafficCom AG, Frequentis AG, A3 Avionics GmbH, Atlas Aerospace GmbH, Glock GesmbHy, FACC AG, Carbon Solutions Hintsteiner GmbH, Diamond Aircraft Industries GmbH, and Hirtenberger AG.

$1,250

Can be used by individual purchaser only

$2,500

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Get in touch to find out about our multi-purchase discounts

reportstore@globaldata.com
Tel +44 (0) 20 7947 2960

Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.

Still undecided about purchasing this report?

Enquire Before Buying

Request a Free Sample

Testimonial

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods