Future of the Swedish Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024

"Future of the Swedish Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024", published by GlobalData, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies and key news.

The country’s efforts to replace its aging military equipment and modernize its defense forces with advanced technology are expected to drive defense expenditure over the forecast period. As a percentage of GDP, the country’s defense expenditure is expected to average 1.1% over 2020-2024. Swedish defense expenditure, which recorded a CAGR of 6.72% during the historic period, is anticipated to stabilize and grow at a CAGR of 4.21% over 2020-2024. This can be attributed to the deteriorating security situation in Europe, particularly in the wake of Russian aggression against Ukraine, and Sweden’s efforts to increase the operational war fighting capability of its armed forces.

This report offers detailed analysis of the Swedish defense industry 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.

Scope

In particular, it provides an in-depth analysis of the following -

- The Sweden defense industry market size and drivers: detailed analysis of the Swedish defense industry during 2020-2024, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s expenditure and modernization patterns.

- Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country.

- Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years.

- Market opportunities: list of the top ten defense investment opportunities over the next 5 years.

- Competitive landscape and strategic insights: analysis of the competitive landscape of the Swedish defense industry.

Reasons to buy

- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Swedish defense industry market trends for the coming five years.

- The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period.

- Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector.

- A deep qualitative analysis of the Swedish defense industry covering sections including demand drivers, key trends and latest industry contracts.

Companies mentioned

SaaB

BAE Systems AB

Nammo Group

Dynasafe AB

Scanjack AB

Akers Krutbruk Protection AB

Logica

Niscayah

SaaB

BAE Systems AB

Nammo Group

Dynasafe AB

Scanjack AB

Akers Krutbruk Protection AB

Logica

Niscayah

Table of Contents

Table of Contents

1. Introduction

1.1. What is this Report About?

1.2. Definitions

1.3. Summary Methodology

1.4. About Strategic Defence Intelligence ...

Table of Contents

1. Introduction

1.1. What is this Report About?

1.2. Definitions

1.3. Summary Methodology

1.4. About Strategic Defence Intelligence

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

3.1.1. Primary Threat Perception

3.1.2. Military Doctrine and Strategy

3.1.3. Equipment in Service with the Swedish Armed Forces

3.1.4. Procurement Programs

3.1.5. Social, Political and Economic Environment and Support for Defense Projects

3.1.6. Political and Strategic Alliances

3.2. Defense Market Size, Historical and Forecast

3.2.1. Swedish defense expenditure expected to register a CAGR of 4.21% over the forecast period

3.2.2. Modernization initiatives, peacekeeping missions, and perceived threats from Russia are expected to fuel Swedish defense expenditure

3.2.3. Defense expenditure as a percentage of GDP is expected to increase marginally over the forecast period

3.3. Analysis of Defense Budget Allocation

3.3.1. Sweden’s capital expenditure allocation is expected to increase over the forecast period

3.3.2. Capital expenditure is expected to grow at a CAGR of 4.32% over the forecast period

3.3.3. Per-capita expenditure is expected to increase over the forecast period

3.3.4. The others segment accounts for the highest share of the defense budget with an average share of 37.3% over the forecast period

3.3.5. Others segment to account for the largest share of the Swedish defense budget

3.4. Homeland Security Market Size and Forecast

3.4.1. Swedish police budget is expected to increase over the forecast period

3.4.2. Homeland security expenditure will be driven by Sweden’s efforts to counter organized crime

3.4.3. Threat from international terrorist organizations

3.5. Benchmarking with Key Global Markets

3.5.1. Swedish defense expenditure is expected to remain modest over 2020-2024

3.5.2. The country’s defense budget is moderate compared to other leading spenders

3.5.3. Sweden allocates a lower share of GDP to defense compared to countries with significant global defense expenditure

3.6. Market Opportunities: Key Trends and Drivers

3.6.1. Top 10 Defense Sectors by Value (US$ Million) - Projections over 2019-2024

3.6.2. Land-based C4ISR

3.6.3. Multirole Aircraft MRO

3.6.4. Cyber Security

4. Defense Procurement Market Dynamics

4.1. Import Market Dynamics

4.1.1. Defense imports registered a decline during 2013-2017

4.1.2. Sweden aims to diversify its arms imports

4.1.3. Aircraft accounted for the majority of defense imports

4.2. Export Market Dynamics

4.2.1. Sweden emerged as the 14th largest global arms exporter during 2013-2017

4.2.2. Swedish defense exports tend to be inclined towards Asian and Middle-Eastern countries

4.2.3. Sweden to foray into non-European defense markets

4.2.4. Aircraft account for the majority of Swedish defense exports

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: Medium

5.1.4. Intensity of Rivalry: High

5.1.5. Threat of Substitution: High

6. Market Entry Strategy

6.1. Market Regulation

6.1.1. Swedish offset policy facilitates defense partnerships with different countries

6.1.2. Swedish defense industry is open to foreign direct investment

6.2. Market Entry Route

6.2.1. Budgeting Process

6.2.2. Procurement Policy and Process

6.2.3. The acquisition of a domestic defense company is the preferred entry route

6.2.4. Foreign OEMs gain industry access through joint research and development programs

6.2.5. Foreign investors enter the market through direct sales

6.3. Key Challenges

6.3.1. Cancellation of projects due to the country’s low defense budget deters investors from entering the market

6.3.2. The absence of multipliers in the offset policy discourages foreign suppliers

7. Competitive Landscape and Strategic Insights

7.1. Competitive Landscape Overview

7.1.1. Swedish Market Share Analysis, 2018

7.2. Key Public Sector Companies

7.2.1. SAAB - Overview

7.2.2. SAAB - Products and Services

7.2.3. SAAB - Recent Announcements and Strategic Initiatives

7.2.4. SAAB - Alliances

7.2.5. SAAB - Recent Contract Wins

7.2.6. SAAB - Financial Analysis

7.3. Key Private Sector Companies

7.3.1. BAE Systems AB - Overview

7.3.2. BAE Systems AB - Products

7.3.3. BAE Systems AB - Recent Announcements and Strategic Initiatives

7.3.4. BAE Systems AB - Alliances

7.3.5. BAE Systems AB - Recent Contract Wins

7.3.6. Nammo AS - Overview

7.3.7. Nammo AS - Products and Services

7.3.8. Nammo AS - Recent Announcements and Strategic Initiatives

7.3.9. Nammo AS - Alliances

7.3.10. Dynasafe AB - Overview

7.3.11. Dynasafe AB - Products

7.3.12. Dynasafe AB - Recent Announcements and Strategic Initiatives

7.3.13. Dynasafe AB - Recent Contract Wins

7.3.14. Scanjack AB - Overview

7.3.15. Scanjack AB - Products

7.3.16. Scanjack AB - Recent Announcements and Strategic Initiatives

7.3.17. Scanjack AB - Recent Contract Wins

7.3.18. Åkers Krutbruk Protection AB - Overview

7.3.19. Åkers Krutbruk Protection AB - Products and Services

7.3.20. Åkers Krutbruk Protection AB - Recent Announcements and Strategic Initiatives

7.3.21. Åkers Krutbruk Protection AB - Alliances

7.3.22. Åkers Krutbruk Protection AB - Recent Contract Wins

7.3.23. Logica - Overview

7.3.24. Logica - Products

7.3.25. Logica - Alliances

7.3.26. Logica - Recent Contract Wins

7.3.27. Niscayah - Overview

7.3.28. Niscayah - Products

7.3.29. Niscayah - Recent Announcements and Strategic Initiatives

7.3.30. Niscayah - Alliances

7.3.31. Niscayah - Recent Contract Wins

8. Business Environment and Country Risk

8.1. Economic Performance

8.1.1. GDP Per Capita

8.1.2. GDP, Current Prices (US$ Billion)

8.1.3. Exports of Goods and Services, Current Prices (LCU Billion)

8.1.4. Imports of Goods and Services, Current Prices (US$ Billion)

8.1.5. Gross National Disposable Income

8.1.6. Local Currency Unit per US$ (Period Average)

8.1.7. Market Capitalization of Listed Companies (US$ Billion)

8.1.8. Market Capitalization of Listed Companies (% of GDP)

8.1.9. Government Cash Surplus/Deficit (% of GDP) (LCU)

8.1.10. Goods Exports (% of GDP)

8.1.11. Goods Imports (% of GDP)

8.1.12. Services Imports (% of GDP)

8.1.13. Services Exports (% of GDP)

8.1.14. Foreign Direct Investment, net (BoP, current US$ Billion)

8.1.15. Net Foreign Direct Investment (% of GDP)

8.1.16. Mining, Manufacturing, Utilities Output (LCU Billion)

9. Appendix

9.1. About GlobalData

9.2. Disclaimer

List of Tables

List of Tables

Table 1: Key Swedish Land Forces Procurement and Modernization Programs

Table 2: Key Swedish Naval Forces Procurement and Modernization Programs

Table 3 ...

List of Tables

Table 1: Key Swedish Land Forces Procurement and Modernization Programs

Table 2: Key Swedish Naval Forces Procurement and Modernization Programs

Table 3: Key Swedish Air Force Procurement and Modernization Programs

Table 4: Swedish Army

Table 5: Swedish Air Force

Table 6: Swedish Navy

Table 7: Swedish Ongoing Development and Procurement Programs, 2018

Table 8: Swedish - Future Procurement Programs, 2018

Table 9: Swedish - Top Defense Procurement Programs by Value (US$ Million), 2019-2024

Table 10: Swedish Defense Cooperation

Table 11: Swedish Defense and Security Expenditure (SEK Billion and US$ Billion), 2015-2024

Table 12: Swedish GDP Growth vs Defense Expenditure as a Percentage of GDP Growth, 2015 -2024

Table 13: Swedish Defense Budget Split Between Capital and Revenue Expenditure (%), 2015-2024

Table 14: Swedish Defense Capital Expenditure (SEK Million and US$ Billion), 2015-2024

Table 15: Swedish Per Capita Defense Expenditure (US$), 2015-2024

Table 16: Swedish Defense Expenditure Breakdown (%), 2015-2024

Table 17: Swedish Defense Budget Breakdown by Service (SEK Billion), 2015-2024

Table 18: Swedish - Defense Budget Breakdown by Service ( US$ Billion), 2015-2024

Table 19: Swedish Homeland Security Expenditure (SEK Billion and US$ Billion), 2015-2024

Table 20: Benchmarking with Key Markets, 2015-2019 vs 2020-2024

Table 21: Top Sweden Defense Sectors by Value (US$ Million), 2019-2024

Table 22: Top Country Ranking by Arms Exports, 2013-2017

Table 23: Swedish Defense Offset Program

Table 24: Swedish Budget Formation Timetable

Table 25: Competitive Landscape of the Swedish Defense Industry

Table 26: Top Defense Suppliers in the Swedish Defense Industry by Value (US$ Million), 2019-2024

Table 27: SAAB - Products and Services

Table 28: SAAB - Alliances

Table 29: SAAB - Recent Contract Wins

Table 30: BAE Systems AB - Products

Table 31: BAE Systems AB - Alliances

Table 32: BAE Systems AB - Recent Contract Wins

Table 33: Nammo AS - Products and Services

Table 34: Nammo AS - Alliances

Table 35: Dynasafe AB - Products

Table 36: Dynasafe AB - Recent Contract Wins

Table 37: Scanjack AB - Products

Table 38: Scanjack AB - Recent Contract Wins

Table 39: Akers Krutbruk Protection AB - Products and Services

Table 40: Akers Krutbruk Protection AB - Alliances

Table 41: Akers Krutbruk Protection AB - Recent Contract Wins

Table 42: Logica - Products

Table 43: Logica - Alliances

Table 44: Logica - Recent Contract Wins

Table 45: Niscayah - Products

Table 46: Niscayah - Alliances

Table 47: Niscayah - Recent Contract Wins

List of Figures

List of Figures

Figure 1: Swedish Defense Budget, 2020 and 2024

Figure 2: Swedish Defense Imports/Exports, 2013 and 2017

Figure 3: Sweden’s Top ...

List of Figures

Figure 1: Swedish Defense Budget, 2020 and 2024

Figure 2: Swedish Defense Imports/Exports, 2013 and 2017

Figure 3: Sweden’s Top Five Prospective Procurements/Developments

Figure 4: Swedish National Security Threats

Figure 5: Sweden’s Partnering Countries for Defense Cooperation and Military Training

Figure 6: Swedish Defense Expenditure (SEK Billion), 2015-2024

Figure 7: Swedish Defense Expenditure (US$ Billion), 2015-2024

Figure 8: Swedish GDP Growth vs Defense Expenditure as a Percentage of GDP, 2015-2024

Figure 9: Swedish Defense Budget Split Between Capital and Revenue Expenditure (%), 2015-2024

Figure 10: Swedish Defense Capital Expenditure (SEK Billion), 2015-2024

Figure 11: Swedish Defense Capital Expenditure (US$ Billion), 2015-2024

Figure 12: Swedish Per Capita Defense Expenditure (US$), 2015-2024

Figure 13: Swedish Defense Expenditure Breakdown (%), 2015-2024

Figure 14: Swedish Defense Budget Breakdown by Service (SEK Billion), 2015-2024

Figure 15: Swedish Defense Budget Breakdown by Service (US$ Billion), 2015-2024

Figure 16: Swedish Homeland Security Expenditure (SEK Billion), 2015-2024

Figure 17: Swedish Homeland Security Expenditure (US$ Billion), 2015-2024

Figure 18: Benchmarking with Key Markets, 2015-2019 vs 2020-2024

Figure 19: Benchmarking with the World’s Largest Defense Spenders (US$ Billion), 2019 and 2024

Figure 20: Benchmarking with Large Defense Spenders as a Percentage of GDP, 2019

Figure 21: Land-Based C4ISR (US$ Million), 2019-2024

Figure 22: Multirole Aircraft MRO (US$ Million), 2019-2024

Figure 23: Cyber Security (US$ Million), 2019-2024

Figure 24: Top Swedish Defense Procurements in Terms of Their Supplier Relationships

Figure 25: Swedish Defense Import Trend (US$ Million), 2013-2017 (TIV Values)

Figure 26: Swedish Defense Imports by Country (%), 2013-2017 (TIV Values)

Figure 27: Swedish Defense Imports by Category (%), 2013-2017

Figure 28: Swedish Defense Export Trend (US$ Million), 2013-2017 (TIV Values)

Figure 29: Swedish Defense Export Trend by Country (%), 2013-2017 (TIV Values)

Figure 30: Swedish Defense Export Trend by Weapon Category (%), 2013-2017 (TIV Values)

Figure 31: Industry Dynamics - Porter’s Five Forces Analysis

Figure 32: Swedish FMV Organization Chart

Figure 33: Key Challenges in the Ukrainian Defense Market

Figure 34: Sweden Market Share Analysis, 2018

Figure 35: SAAB - Revenue Trend Analysis (SEK Billion), 2013-2017

Figure 36: SAAB - Operating Profit Trend Analysis (SEK Million), 2013-2017

Figure 37: SAAB - Net Profit Trend Analysis (SEK Million), 2013-2017

Figure 38: Swedish GDP Per Capita (US$/%), 2015-2025

Figure 39: Swedish GDP at Current Prices (US$ Billion/%), 2015-2025

Figure 40: Swedish Exports of Goods and Services, Current Prices (LCU Billion/%), 2005-2014

Figure 41: Swedish Imports of Goods and Services, Current Prices (US$ Billion/%), 2005-2014

Figure 42: Swedish Gross National Disposable Income (US$ Billion/%), 2005-2014

Figure 43: Local Currency Unit per US$, 2015-2024

Figure 44: Market Capitalization of Listed Companies in Sweden (US$ Billion/%), 2005-2012

Figure 45: Swedish Market Capitalization of Listed Companies (% of GDP), 2005-2012

Figure 46: Swedish Government Cash Surplus/Deficit (% of GDP) (LCU), 2005-2012

Figure 47: Swedish Goods Exports (% of GDP), 2005-2014

Figure 48: Swedish Goods Imports (% of GDP), 2005-2014

Figure 49: Swedish Services Imports (% of GDP), 2005-2014

Figure 50: Swedish Services Exports (% of GDP), 2005-2014

Figure 51: Swedish Foreign Direct Investment, net (BoP, current US$ Billion), 2005-2014

Figure 52: Swedish Net Foreign Direct Investment (% of GDP), 2005-2014

Figure 53: Mining, Manufacturing, Utilities Output (LCU Billion), 2005-2014

    Pricing

Discounts available for multiple report purchases.

reportstore@globaldata.com
+44 (0) 161 359 5813

Join our mailing list

Saved reports