Swedish Defense Industry 2015 Research Report

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Swedish Defense Industry 2015 - 2025 Market Size
and Share, Growth, Market Price, Analysis, Forecast
and Overview

Increase in the country's defense expenditure 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
operational war fighting capability of the armed forces. As a result, the government has decided to
substantially increase defense budget for the first time in two decades. Over the forecast period, the
country's defense industry is expected to incur a cumulative spending of US$34.3 billion with most of
the expenditure being directed towards the purchase of advanced defense systems, international
peacekeeping missions, and research and development initiatives
Key Findings
- Over the historic period, defense expenditure registered a growth rate of 1.11%, increasing from
US$6.1 billion in 2011 to US$6.4 billion in 2015
- Military expenditure, valued at US$6.6 billion in 2016, is expected to increase to US$7.2 billion by 2020,
registering a CAGR of 2.20% over the forecast period
- Military expenditure will be driven by the threat from Russia, modernization initiatives and
participation in peace keeping missions
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Reasons To Buy
- Identify and track the global defense market and make regional comparisons to effectively target new
revenue streams
- Understand the importance of being led by the defense ministries in the military procurement market
and define your strategies with insight on what your customers really want by analyzing recent orders,
technical specifications and the country's expected investment pattern during 2016-2020

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