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

"Future of the Israeli 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.

This report offers detailed analysis of the Israeli 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.

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

- The Israeli defense industry market size and drivers: detailed analysis of the Israeli 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 the army, navy, and air force. It also details the key challenges faced by defense market participants within the country

- Porter’s Five Force analysis of the Israeli defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry

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

- Market opportunities: details of the top five defense investment opportunities over the next 10 years

- Competitive landscape and strategic insights: analysis of the competitive landscape of the Israeli defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Scope

- Israel’s defense expenditure as a percentage of its GDP is anticipated to increase to an average of 4.5% over the forecast period. The Israeli defense budget, which stands at about US$17.6 billion in 2019.

- Between 2015 and 2019, the country’s capital expenditure allocation stood at an average of 52.1% of the total defense budget, and is expected to increase slightly to an average of 52.6% over the forecast period. Overall, Israel is projected to spend a total of US$68.5 billion on the acquisition of military hardware between 2020 and 2024.

- The MoD is expected to invest in physical security of critical infrastructure, land-based C4ISR systems, infrastructure construction , Armored Personnel Carriers (APC), Multirole Fighter aircraft and Corvettes among others.

Reasons to buy

- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Israeli 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 Israeli defense industry covering sections including demand drivers, Porter’s Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts.

Companies mentioned

General Dynamics

Navistar Defense

Lockheed Martin

Raytheon

Boeing

Rafael Advanced Defense Systems

Israel Aerospace Industries (IAI)

Elta Systems

Israel Shipyards

Elbit Systems

Elisra Systems

IMI ...

General Dynamics

Navistar Defense

Lockheed Martin

Raytheon

Boeing

Rafael Advanced Defense Systems

Israel Aerospace Industries (IAI)

Elta Systems

Israel Shipyards

Elbit Systems

Elisra Systems

IMI Systems

TSG IT Advanced Systems Ltd

Plasan and SimiGon

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 GlobalData

2. Executive ...

Table of Contents

1. Introduction

1.1. What is this Report About?

1.2. Definitions

1.3. Summary Methodology

1.4. About GlobalData

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

3.1. Current Market Scenario

3.1.1. Primary threat perception

3.1.2. Military Doctrine & Strategy

3.1.3. Procurement Programs

3.1.4. Social, Political and Economic Environment & Support for Defense Projects

3.1.5. Political and Strategic Alliances

3.2. Defense Market Size Historical and Forecast

3.2.1. Israel’s gross defense expenditure (inclusive of income dependent expenditure) to register a CAGR of 8.74% over 2020-2024

3.2.2. Israel’s net defense expenditure (excluding income dependent expenditure) to register a CAGR of 9.52% over 2020-2024

3.2.3. Israeli revenue dependent expenditure, inclusive of US military aid, will post a forecast-period CAGR of 6.07%

3.2.4. Hostile neighborhood, combined with terrorist threats, will continue to drive Israeli defense expenditure

3.3. Analysis of Defense Budget Allocation

3.3.1. The defense budget as a percentage of GDP is expected to be 4.5% over the forecast period

3.4. Analysis of Defense Budget Allocation

3.4.1. The majority of Israel’s defense budget is earmarked for capital expenditure

3.4.2. Capital expenditure forecast to increase at a CAGR of 8.69% over 2020-2024

3.4.3. Per capita defense expenditure expected to increase over the forecast period

3.5. Homeland Security Market Size and Forecast

3.5.1. Israeli homeland security market expected to grow at a CAGR of 5.75% over the forecast period

3.5.2. Measures to curb illegal immigration and organized crime to drive homeland security expenditure over the forecast period

3.6. Benchmarking with Key Global Markets

3.6.1. Israel is one of the largest defense spenders in the Middle East

3.6.2. The US has the largest defense expenditure in the world

3.6.3. Israeli defense expenditure expected to reach 4.9% of GDP by 2024

3.7. Market Opportunities: Key Trends and Growth Stimulators

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

3.7.2. Critical Infrastructure Protection - Physical Security

3.7.3. Land-based C4ISR

3.7.4. Infrastructure Construction

4. Defense Procurement Market Dynamics

4.1. Import Market Dynamics

4.1.1. Defense imports increased after 2014 reaching highest point in 2015

4.1.2. The US accounted for over 64.1% of Israeli defense imports during 2014-2018

4.1.3. Aircraft accounted for the majority of Israeli defense imports

4.2. Export Market Dynamics

4.2.1. Israel exports a major portion of its domestic defense production

4.2.2. India, Azerbaijan and Vietnam emerged as the largest importers of Israeli defense equipment

4.2.3. Missiles, sensors and air defense systems were the most exported defense goods

5. Industry Dynamics

5.1. Five Forces Analysis

5.1.1. Bargaining Power of Supplier: Medium-High

5.1.2. Bargaining Power of Buyer: High

5.1.3. Barrier to Entry: Low to Medium

5.1.4. Intensity of Rivalry: High

5.1.5. Threat of Substitution: Medium to High

6. Market Entry Strategy

6.1. Market Regulation

6.1.1. Offset policy requires foreign OEMs to invest 50% of the contract value in Israel

6.1.2. Defense sector remains closed to foreign direct investment

6.2. Market Entry Route

6.2.1. Procurement Policy and Process

6.2.2. Foreign companies penetrate the market by supplying arms

6.2.3. Foreign OEMs form alliances to market products in the global defense industry

6.3. Key Challenges

6.3.1. Israeli defense industry highly dependent on the US

6.3.2. Monopolistic competition

7. Competitive Landscape and Strategic Insights

7.1. Competitive Landscape Overview

7.1.1. Israeli Market Share Analysis, 2019-2024

7.1.2. Domestic companies fulfill the majority of Israeli defense requirements

7.2. Key Foreign Companies

7.2.1. General Dynamics: Overview

7.2.2. General Dynamics: Products

7.2.3. General Dynamics: Recent Announcements and Strategic Initiatives

7.2.4. General Dynamics: Alliances

7.2.5. General Dynamics: Recent Contract Wins

7.2.6. Navistar Defense: Overview

7.2.7. Navistar Defense: Products

7.2.8. Navistar Defense: Recent Announcements and Strategic Initiatives

7.2.9. Navistar Defense: Alliances

7.2.10. Navistar Defense: Recent Contract Wins

7.2.11. Lockheed Martin: Overview

7.2.12. Lockheed Martin: Products

7.2.13. Lockheed Martin: Recent Announcements and Strategic Initiatives

7.2.14. Lockheed Martin: Alliances

7.2.15. Lockheed Martin: Recent Contract Wins

7.2.16. Raytheon: Overview

7.2.17. Raytheon: Products

7.2.18. Raytheon: Recent Announcements and Strategic Initiatives

7.2.19. Raytheon: Alliances

7.2.20. Raytheon: Recent Contract Wins

7.2.21. Boeing: overview

7.2.22. Boeing: products and services

7.2.23. Boeing: recent announcements and strategic initiatives

7.2.24. Boeing: alliances

7.2.25. Boeing: recent contract wins

7.3. Key Public Companies

7.3.1. Rafael Advanced Defense Systems: Overview

7.3.2. Rafael Advanced Defense Systems: Products

7.3.3. Rafael Advanced Defense Systems: Recent Announcements and Strategic Initiatives

7.3.4. Rafael Advanced Defense Systems: Alliances

7.3.5. Rafael Advanced Defense Systems: Recent Contract Wins

7.3.6. Israel Aerospace Industries: Overview

7.3.7. Israel Aerospace Industries: Products

7.3.8. Israel Aerospace Industries: Recent Announcements and Strategic Initiatives

7.3.9. Israel Aerospace Industries: Alliances

7.3.10. Israel Aerospace Industries: Recent Contract Wins

7.3.11. Elta Systems: Overview

7.3.12. Elta Systems: Overview

7.4. Domestic Private Companies

7.4.1. Israel Shipyards: Overview

7.4.2. Israel Shipyards: Products

7.4.3. Israel Shipyards: Recent Announcements and Strategic Initiatives

7.4.4. Israel Shipyards: Recent Contract Wins

7.4.5. Elbit Systems: Overview

7.4.6. Elbit Systems: Products

7.4.7. Elbit Systems: Recent Announcements and Strategic Initiatives

7.4.8. Elbit Systems: Alliances

7.4.9. Elbit Systems: Recent Contract Wins

7.4.10. Elbit Systems: Financial Analysis

7.4.11. IMI Systems: Overview

7.4.12. IMI Systems: Products and Services

7.4.13. IMI Systems: Recent Announcements and Strategic Initiatives

7.4.14. IMI Systems: Alliances

7.4.15. IMI Systems: Recent Contract Wins

7.4.16. Elisra Systems: Overview

7.4.17. Elisra Systems: Products

7.4.18. Elisra Systems: Recent Announcements and Strategic Initiatives

7.4.19. Elisra Systems: Alliances

7.4.20. Elisra Systems: Recent Contract Wins

7.4.21. TSG IT Advanced Systems Ltd.: Overview

7.4.22. TSG IT Advanced Systems Ltd.: Products and Services

7.4.23. TSG IT Advanced Systems Ltd.: Recent Announcements and Strategic Initiatives

7.4.24. TSG IT Advanced Systems Ltd.: Alliances

7.4.25. TSG IT Advanced Systems Ltd.: Recent Contract Wins

7.4.26. Plasan: Overview

7.4.27. Plasan: Products

7.4.28. Plasan: Recent Announcements and Strategic Initiatives

7.4.29. Plasan: Alliances

7.4.30. Plasan: Recent Contract Wins

7.4.31. SimiGon: Overview

7.4.32. SimiGon: Products

7.4.33. SimiGon: Recent Announcement and Strategic Initiatives

7.4.34. SimiGon: Alliances

7.4.35. SimiGon: 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

8.1.3. Export of Goods and Services (LCU Billion)

8.1.4. Import of Goods and Services (LCU Billion)

8.1.5. Gross National Disposable Income (US$ Billion)

8.1.6. Local Currency Unit per US Dollar

8.1.7. Market Capitalization of Listed Companies

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

8.1.9. Government Cash Surplus/Deficit as a Percentage of GDP

8.1.10. Goods exports as a Percentage of GDP

8.1.11. Goods imports as a Percentage of GDP

8.1.12. Service Imports as a Percentage of GDP

8.1.13. Service Exports as a Percentage of GDP

8.1.14. Foreign Direct Investment

8.1.15. Net Foreign Direct Investment as a Percentage of GDP

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

9. Appendix

9.1. About GlobalData

9.2. Disclaimer

List of Tables

List of Tables

Table 1: Israeli - Ongoing Development and Procurement Programs, 2019

Table 2: Israeli - Future Procurement Programs, 2019

Table 3: Israeli Top Defense Procurement ...

List of Tables

Table 1: Israeli - Ongoing Development and Procurement Programs, 2019

Table 2: Israeli - Future Procurement Programs, 2019

Table 3: Israeli Top Defense Procurement Programs by Value (US$ Million), 2019-2024

Table 4: Israeli Defense Cooperation

Table 5: Israeli Military Training Exercises

Table 6: Israeli Gross Defense Expenditure (ILS Billion & US$ Billion), 2015-2024

Table 7: Israeli Net Defense Expenditure (ILS Billion & US$ Billion), 2015-2024

Table 8: Israeli Revenue Dependent Defense Expenditure Including US Aid (ILS Billion and US$ Billion ), 2015-2024

Table 9: Israeli GDP Growth vs Defense Expenditure as a Percentage of GDP Growth, 2015-2024

Table 10: Israeli Defense Budget Split Between Capital and Revenue Expenditure (%), 2015-2024

Table 11: Israeli Defense Capital Expenditure, (ILS Million & US$ Billion), 2015-2024

Table 12: Israeli Per Capita Defense Expenditure (US$), 2015-2024

Table 13: Israeli Homeland Security Expenditure, (ILS Billion & US$ Billion), 2015-2024

Table 14: Benchmarking with Key Markets - 2015-2019 vs 2020-2024

Table 15: Top Israeli Defense Sectors by Value (US$ Million), 2019-2024

Table 16: Israeli Defense Offset Regulations

Table 17: Market Entry by Key Foreign OEMs

Table 18: Competitive Landscape of the Israeli Defense Industry

Table 19: Top Defense Suppliers in the Israeli Defense Industry By Value (US$ Million), 2019-2024

Table 20: General Dynamics - Products

Table 21: General Dynamics - Alliances

Table 22: General Dynamics - Recent Contract Wins

Table 23: Navistar Defense - Products

Table 24: Navistar Defense - Alliances

Table 25: Navistar Defense - Recent Contract Wins

Table 26: Lockheed Martin - Products

Table 27: Lockheed Martin - Alliances

Table 28: Lockheed Martin - Recent Contract Wins

Table 29: Raytheon - Products

Table 30: Raytheon - Alliances

Table 31: Raytheon - Recent Contract Wins

Table 32: Boeing - Product Focus

Table 33: Boeing - Alliances

Table 34: Boeing - Recent Contract Wins

Table 35: Rafael Advanced Defense Systems - Products

Table 36: Rafael Advanced Defense Systems - Alliances

Table 37: Rafael Advanced Defense Systems - Recent Contract Wins

Table 38: Israel Aerospace Industries - Products

Table 39: Israel Aerospace Industries - Alliances

Table 40: Israel Aerospace Industries - recent contract wins

Table 41: Elta Systems - Key Products

Table 42: Israel Shipyards - Products

Table 43: Israel Shipyards: Recent Contract Wins

Table 44: Elbit Systems - Products

Table 45: Elbit Systems - Alliances

Table 46: Elbit Systems - Recent Contract Wins

Table 47: IMI Systems - Products and Services

Table 48: IMI Systems - Alliances

Table 49: IMI Systems - Recent Contract Wins

Table 50: Elisra Systems - Products

Table 51: Elisra Systems - Alliances

Table 52: Elisra Systems : Recent Contract Wins

Table 53: TSG IT Advanced Systems Ltd. - Products and Services

Table 54: TSG IT Advanced Systems Ltd. - Alliances

Table 55: TSG IT Advanced Systems Ltd. - Recent Contract Wins

Table 56: Plasan - Products

Table 57: Plasan - Alliances

Table 58: Plasan - Recent Contract Wins

Table 59: SimiGon - Products

Table 60: SimiGon - Alliances

Table 61: SimiGon - recent contract wins

List of Figures

List of Figures

Figure 1: Israeli Analysis of Defense Budget: 2020 and 2024

Figure 2: Israeli Defense Imports/Exports: 2014 and 2018

Figure 3: Israeli ...

List of Figures

Figure 1: Israeli Analysis of Defense Budget: 2020 and 2024

Figure 2: Israeli Defense Imports/Exports: 2014 and 2018

Figure 3: Israeli Top Five Prospective Procurements/Developments

Figure 4: Israeli National Security Threats

Figure 5: Israeli Partnering Countries for Defense Cooperation and Military Training

Figure 6: Israeli Gross Defense Expenditure (ILS Billion), 2015-2024

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

Figure 8: Israeli Net Defense Expenditure (ILS Billion), 2015-2024

Figure 9: Israeli Net Defense Expenditure (US$ Billion), 2014-2023

Figure 10: Israeli Revenue Dependent Expenditure (ILS Billion), 2015-2024

Figure 11: Israeli Revenue Dependent Defense Expenditure (US$ Billion), 2015-2024

Figure 12: Israeli - Defense Budget Including Revenue Dependent Expenditure vs Israeli Defense Expenditure Excluding Revenue Dependent Expenditure (US$ Billion), 2015-2024

Figure 13: Israeli GDP Growth vs Defense Expenditure as a Percentage of GDP, 2015-2024

Figure 14: Israeli Defense Budget Split Between Capital and Revenue Expenditure (%), 2015-2024

Figure 15: Israeli Capital Budget Allocation (ILS Billion), 2015-2024

Figure 16: Israeli Capital Budget Allocation (US$ Billion), 2015-2024

Figure 17: Israeli Per Capita Defense Expenditure (US$), 2015-2024

Figure 18: Israeli Homeland Security Budget (ILS Billion), 2015-2024

Figure 19: Israeli Homeland Security Budget (US$ billion), 2015-2024

Figure 20: Benchmarking with Key Markets - 2015-2019 v/s 2020-2024

Figure 21: Defense Expenditure of the World’s Largest Military Spenders (US$ Billion), 2019 and 2024

Figure 22: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2019

Figure 23: Israel’s Physical Security Market Size (US$ Million), 2019-2024

Figure 24: Israel’s Land Based C4ISR Market Size (US$ Million), 2019-2024

Figure 25: Israel’s Military Infrastructure Construction Market Size (US$ Million), 2019-2024

Figure 26: Top Israeli Defense Procurements in Terms of Their Supplier Relationships

Figure 27: Israel Defense Imports TIV Value (US$ Million), 2014-2018

Figure 28 : Israeli Arms Imports by Country, 2014-2018

Figure 29: Israeli Defense Imports by Category (%), 2014-2018

Figure 30 : Israeli Defense Exports TIV Value (US$ million), 2014-2018

Figure 31 : Israeli Defense Exports by Country (%), 2014-2018

Figure 32 : Israeli Defense Exports by Category (%), 2014-2018

Figure 33: Industry Dynamics - Porter’s Five Forces Analysis

Figure 34: Israeli Market Challenges

Figure 35: Israeli Market Share Analysis, 2019-2024

Figure 36: Elbit Systems, Revenue Trend Analysis, 2014-2018

Figure 37: Elbit Systems, Operating Profit Trend Analysis, 2014-2018

Figure 38: Elbit Systems, Net Profit Trend Analysis, 2014-2018

Figure 39: Israeli GDP Per Capita, 2015-2025

Figure 40: Israeli GDP, Current Prices (US$ Billion), 2015-2025

Figure 41: Israeli Export of Goods and Services (LCU Billion), 2005-2014

Figure 42: Israeli Import of Goods and Services (LCU Billion), 2005-2014

Figure 43: Israeli Gross National Disposable Income (US$ Billion), 2005-2014

Figure 44: Local Currency per US$, 2015-2024

Figure 45: Israeli Market Capitalization of Listed Companies (US$ Billion), 2005-2012

Figure 46: Israeli Market Capitalization of Listed Companies (% of GDP), 2005-2012

Figure 47: Israeli Government Cash Surplus/Deficit as a Percentage of GDP, 2005-2012

Figure 48: Israeli Goods Exports as a Percentage of GDP, 2005-2014

Figure 49: Israeli Goods Imports as a Percentage of GDP, 2005-2014

Figure 50: Israeli Service Imports as a Percentage of GDP, 2005-2014

Figure 51: Israeli Service Exports as a Percentage of GDP, 2005-2014

Figure 52: Israeli Foreign Direct Investment (US$ Billion), 2005-2014

Figure 53: Israeli Net Foreign Direct Investment as a Percentage of GDP, 2005-2014

Figure 54: Israeli Mining, Manufacturing, Utilities Output (LCU Bn), 2005-2014

    Pricing

Discounts available for multiple report purchases.

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

Join our mailing list

Saved reports