1 Introduction-Future of the Portuguese Defense Industry
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. SDI Terrorism Index
1.5. About Strategic Defense Intelligence
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities
3.1. Defense Market Size Historical and Forecast
3.1.1. Portuguese defense budget is expected to record a CAGR of
0.20% during the forecast
3.1.2. International peacekeeping operations expected to drive defense expenditure over the forecast period
3.1.3. Portuguese defense expenditure as a percentage of GDP anticipated to decline over the forecast period
3.2. Analysis of Defense Budget Allocation
3.2.1. Share of capital expenditure expected to remain constant over the forecast period
3.2.2. Capital expenditure is anticipated to record a CAGR of
0.17% during the forecast period
3.2.3. Other expenditure is expected to receive the highest allocation over the forecast period
3.2.4. Army expenditure to decline over the forecast period
3.2.5. Naval expenditure is expected to grow at a CAGR of
1.53%during the forecast period
3.2.6. Air force expenditure is projected to decline over the forecast period
3.2.7. Per capita defense expenditure is projected to increase over the forecast period
3.3. Homeland Security Market Size and Forecast
3.3.1. Portuguese homeland security budget is anticipated to record a CAGR of
0.38% during the forecast period
3.3.2. Cyber-attacks and maritime security set to drive homeland security expenditure over the forecast period
3.3.3. Portugal falls under "some risk" of terrorism
3.3.4. Portugal has a terrorism index score of
0.3
3.4. Benchmarking with Key Global Markets
3.4.1. Portuguese defense budget expected to remain low compared to the leading spenders
3.4.2. Portugal defense expenditure to remain low compared to major spenders in Europe
3.4.3. Portugal allocates lower share of GDP for defense compared to the US and European countries
3.4.4. Portugal faces some threat from foreign terrorist organizations
3.5. Market Opportunities: Key Trends and Growth Stimulators
3.5.1. Multi-mission Helicopter MRO
3.5.2. Frigates MRO
3.5.3. Transport Aircraft
4 Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Defense imports are expected to increase marginally over the period 2016-2021
4.1.2. Portugal sourced the majority of its arms imports from United States
4.1.3. Aircraft and Armored vehicles accounted for major military imports
4.2. Export Market Dynamics
4.2.1. Belgium accounted for 72% of Portuguese defense exports
4.2.2. Aircrafts are the main exported defense products
5 Industry Dynamics
5.1. Five Forces Analysis
5.1.1. Bargaining power of supplier: high to medium
5.1.2. Bargaining power of buyer: medium to low
5.1.3. Barrier to entry: low to medium
5.1.4. Intensity of rivalry: medium to high
5.1.5. Threat of substitution: medium to high
6 Market Entry Strategy
6.1. Market Regulation
6.1.1. Offset policy aids development of domestic defense industry and research activities
6.1.2. Offset policy aids development of domestic defense industry and research activities
6.2. Market Entry Route
6.2.1. Setting up subsidiaries offer market entry opportunity
6.2.2. Technology transfer, sub-contracts, and long-term supply contracts open new market entry strategy choices
6.3. Key Challenges
6.3.1. Domestic defense companies facing challenges from foreign companies
6.3.2. Budget cuts due to austerity measures challenging defense companies
6.3.3. Corrupt practices in the Portuguese government challenges the industry
7 Competitive Landscape and Strategic Insights
7.1. Competitive Landscape Overview
7.2. Key Domestic Companies
7.2.1. OGMA – Indústria Aeronáutica de Portugal SA: overview
7.2.2. OGMA – Indústria Aeronáutica de Portugal SA: products
7.2.3. OGMA – Indústria Aeronáutica de Portugal SA: recent announcements and strategic initiatives
7.2.4. OGMA – Indústria Aeronáutica de Portugal SA: alliances
7.2.5. OGMA – Indústria Aeronáutica de Portugal SA: recent contract wins
7.2.6. EID – Empresa de Investigação e Desenvolvimento de Electrónica SA: overview
7.2.7. EID – Empresa de Investigação e Desenvolvimento de Electrónica SA: products
7.2.8. EID – Empresa de Investigação e Desenvolvimento de Electrónica SA: recent announcements and strategic initiatives
7.2.9. EID – Empresa de Investigação e Desenvolvimento de Electrónica SA: alliances
7.2.10. EID – Empresa de Investigação e Desenvolvimento de Electrónica SA: recent contract wins
7.2.11. Edisoft: overview
7.2.12. Edisoft: products
7.2.13. Edisoft: recent announcements and strategic initiatives
7.2.14. Edisoft: alliances
7.2.15. Edisoft: recent contract wins
7.2.16. EMPORDEF TI Inc.: overview
7.2.17. EMPORDEF TI Inc.: products
7.2.18. EMPORDEF TI Inc.: recent announcements and strategic initiatives
7.2.19. EMPORDEF TI Inc.: alliances
7.2.20. EMPORDEF TI Inc.: recent contract wins
7.2.21. ENVC: overview
7.2.22. ENVC: products
7.2.23. ENVC: recent announcements and strategic initiatives
7.2.24. ENVC: alliances
7.2.25. ENVC: recent contract wins
7.2.26. Indra Sistemas Portugal: overview
7.2.27. Indra Sistemas Portugal: products and services
7.2.28. Indra Sistemas Portugal: recent announcements and strategic initiatives
7.2.29. Indra Sistemas Portugal: alliances
7.2.30. Indra Sistemas Portugal: recent contract wins
7.2.31. AgustaWestland Portugal: overview
7.2.32. AgustaWestland Portugal: products
7.2.33. AgustaWestland Portugal: recent announcements and strategic initiatives
7.2.34. AgustaWestland Portugal: alliances
7.2.35. AgustaWestland Portugal: recent contract wins
7.2.36. Arsenal Alfeite: overview
7.2.37. Arsenal Alfeite: products
7.2.38. Arsenal Alfeite: recent announcements and strategic initiatives
7.2.39. Arsenal Alfeite: recent contract wins
7.2.40. Fabrequipa: overview
7.2.41. Fabrequipa: products
7.2.42. Fabrequipa: recent announcements and strategic initiatives
7.2.43. Fabrequipa: alliances
7.2.44. Fabrequipa: recent contract wins
7.2.45. Critical Software: overview
7.2.46. Critical Software: products
7.2.47. Critical Software: recent announcements and strategic initiatives
7.2.48. Critical Software: alliances
7.2.49. Critical Software: recent contract wins
8 Business Environment and Country Risk
8.1. Economic Performance
8.1.1. Gross Domestic per Capita (US$)
8.1.2. Gross Domestic Product, current US$
8.1.3. Exports of Goods and Services
8.1.4. Imports of Goods and Services
8.1.5. Gross National Disposable Income
8.1.6. Local Currency Unit per US$
8.1.7. Market Capitalization of Listed Companies
8.1.8. Market Capitalization of Listed Companies as a % of GDP
8.1.9. Government Cash Surplus/Deficit
8.1.10. Goods Exports and imports as a % of GDP
8.1.11. Services Imports and Exports as a % of GDP
8.1.12. Net Foreign Direct Investment
8.1.13. Net FDI as a % of GDP
8.2. Minerals
8.2.1. Mining, Manufacturing, Utilities Output
9 Appendix
9.1. About SDI
9.2. Disclaimer