Future of the Danish Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020

Future of the Danish Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020

Summary
The Future of the Danish Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020, published by Strategic Defence Intelligence, 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.

Key Findings
- Over the historic period, Denmark's defense expenditure registered a CAGR of -2.23%; between 2016 and 2020, the defense budget is expected to grow at a CAGR of 1.10%

- The country's total defense expenditure during the forecast period is expected to be US$19.2billion

- The average share of capital expenditure is expected to be 10.8% over the forecast period, compared to an average share of 18.4% during 2011-2015

- Over the forecast period, the country's budget for homeland security is expected to be US$16.1 billion cumulatively

- The key areas of investment are expected to be aircraft, helicopters, armored vehicles, radars, and surveillance equipment

Synopsis
This report offers detailed analysis of the Danish 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:

- Danish defense industry market size and drivers: detailed analysis of the Danish defense industry during 2016-2020, 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 Danish 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 coming 10 years

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

Reasons To Buy
- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Danish 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 Danish defense industry covering sections including demand drivers, Porter's Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts
Table of Contents
1 Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. SDI Terrorism Index
1.5. About Strategic Defence Intelligence
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities
3.1. Defense Market Size Historical and Forecast
3.1.1. Danish defense expenditure expected to register a CAGR of 1.10% over the forecast period
3.1.2. Growing Russian assertiveness and participation in NATO peacekeeping operations expected to drive defense expenditure over the forecast period
3.1.3. Denmark's defense expenditure as a percentage of GDP expected to decrease
3.2. Analysis of Defense Budget Allocation
3.2.1. Capital expenditure expected to account for 10.8% of the defense budget over 2016-2020
3.2.2. Capital expenditure to increase at a CAGR of 1.67% over 2016-2020
3.2.3. Revenue expenditure expected to increase over forecast period
3.2.4. Per capita defense expenditure set to decrease over the forecast period
3.3. Homeland Security Market Size and Forecast
3.3.1. Danish homeland security expenditure expected to increase at a CAGR of 1.25%
3.3.2. Cyber security and counter terrorism are main homeland security concerns
3.3.3. Denmark falls under “some risk” of terrorism category
3.4. Benchmarking with Key Global Markets
3.4.1. Denmark defense budget expected to decline over the forecast period
3.4.2. Danish defense budget expected to remain low compared to other European countries
3.4.3. Denmark allocates lower share of GDP for defense compared to most European countries
3.4.4. Denmark faces some threat from foreign terrorist organizations
3.5. Market Opportunities: Key Trends and Growth Stimulators
3.5.1. Fighters Aircraft
3.5.2. Multi-mission and Maritime Helicopter
3.5.3. Armored Personnel Carrier (APC)
4 Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Defense imports are expected to increase over the forecast period
4.1.2. Denmark sourced most of its arms imports from its neighbors
4.1.3. Sensors and naval weapons dominate military hardware imports
4.2. Export Market Dynamics
4.2.1. Arms exports to recover during the forecast period
4.2.2. Brunei and Brazil prime purchasers of Danish arms
4.2.3. Sensors and ships are the main exported defense products
5 Industry Dynamics
5.1. Five Forces Analysis
5.1.1. Bargaining power of supplier: low to medium
5.1.2. Bargaining power of buyer: high
5.1.3. Barrier to entry: low
5.1.4. Intensity of rivalry: medium to high
5.1.5. Threat of substitution: high
6 Market Entry Strategy
6.1. Market Regulation
6.1.1. Offset policy aids development of domestic defense industry
6.1.2. Denmark permits 100% foreign direct investment in the defense sector
6.2. Market Entry Route
6.2.1. Forming subsidiaries or acquiring Danish companies are good market entry opportunities
6.2.2. Forming consortiums and product development agreements open new market entry strategy choices
6.2.3. Joint weapon development programs are a viable market entry opportunity
6.3. Key Challenges
6.3.1. Low defense budget and limited technological capability hinder market entry by foreign companies
6.3.2. Preference given to procurements from US and Nordic companies challenging for other suppliers
7 Competitive Landscape and Strategic Insights
7.1. Competitive Landscape Overview
7.2. Key Domestic Companies
7.2.1. Systematic A/S: overview
7.2.2. Systematic A/S: products and services
7.2.3. Systematic A/S: recent announcements and strategic initiatives
7.2.4. Systematic A/S: alliances
7.2.5. Systematic A/S: recent contract wins
7.2.6. Terma A/S: overview
7.2.7. Terma A/S: products and service
7.2.8. Terma A/S: recent announcements and strategic initiatives
7.2.9. Terma A/S: alliances
7.2.10. Terma A/S: recent contract wins
7.2.11. Arenalogic ApS: overview
7.2.12. Arenalogic ApS: products and services
7.2.13. Arenalogic ApS: recent announcements and strategic initiatives
7.2.14. Arenalogic ApS: alliances
7.2.15. Copenhagen Sensor Technology ApS: overview
7.2.16. Copenhagen Sensor Technology ApS: products and services
7.2.17. Copenhagen Sensor Technology ApS: recent announcements and strategic initiatives
7.2.18. Copenhagen Sensor Technology ApS: alliances
7.2.19. Danish Aerotech A/S: overview
7.2.20. Danish Aerotech A/S: products and services
7.2.21. Danish Aerotech A/S: recent announcements and strategic initiatives
7.2.22. Danish Aerotech A/S: alliances
7.2.23. Danish Aerotech A/S: recent contract wins
7.2.24. Falck Schmidt Defense Systems A/S: overview
7.2.25. Falck Schmidt Defense Systems A/S: products and services
7.2.26. Falck Schmidt Defense Systems A/S: recent announcements and strategic initiatives
7.2.27. Falck Schmidt Defense Systems A/S: alliances
7.2.28. Falck Schmidt Defense Systems A/S: recent contract wins
7.2.29. IFAD TS A/S: overview
7.2.30. IFAD TS A/S: products and services
7.2.31. IFAD TS A/S: recent announcements and strategic initiatives
7.2.32. IFAD TS A/S: alliances
7.2.33. IFAD TS A/S: recent contract wins
7.3. Key Foreign Companies
7.3.1. Alcatel-Lucent Denmark A/S: overview
7.3.2. Alcatel-Lucent Denmark A/S: products and services
7.3.3. Alcatel-Lucent Denmark A/S: recent announcements and strategic initiatives
7.3.4. Alcatel-Lucent Denmark A/S: recent contract wins
7.3.5. Lockheed Martin Denmark: overview
7.3.6. Lockheed Martin Denmark: products and services
7.3.7. Lockheed Martin Denmark: recent announcements and strategic initiatives
7.3.8. Lockheed Martin Denmark: alliances
7.3.9. Lockheed Martin Denmark: recent contract wins
7.3.10. TenCate Advanced Armour Denmark A/S: overview
7.3.11. TenCate Advanced Armour Denmark A/S: defense products
7.3.12. TenCate Advanced Armour Denmark A/S: recent announcements and strategic initiatives
7.3.13. TenCate Advanced Armour Denmark A/S: alliances
7.3.14. TenCate Advanced Armour Denmark A/S: recent contract wins
8 Business Environment and Country Risk
8.1. Demographics & Social Statistics
8.1.1. Population - Rural
8.1.2. Population - Urban
8.1.3. Population - Number of Households
8.2. Economic Performance
8.2.1. Gross Domestic per Capita
8.2.2. Gross Domestic Product, current US$
8.2.3. Exports of Goods and Services
8.2.4. Imports of Goods and Services
8.2.5. Gross National Disposable Income
8.2.6. Manufacturing Output
8.2.7. Consumer Price Index
8.2.8. Wholesale Price Index
8.2.9. Local Currency Unit per US$
8.2.10. Local Currency Unit per EUR
8.2.11. Market Capitalization of Listed Companies
8.2.12. Market Capitalization of Listed Companies as a % of GDP
8.2.13. Total Government Cash Surplus/Deficit
8.2.14. Government Cash Surplus/Deficit
8.2.15. Central Government Debt
8.2.16. Central Government Debt as a % of GDP
8.2.17. Goods Exports as a % of GDP
8.2.18. Goods Imports as a % of GDP
8.2.19. Goods Trade Surplus/Deficit as a % of GDP
8.2.20. Services Imports as a % of GDP
8.2.21. Services Exports as a % of GDP
8.2.22. Services trade surplus/deficit as a % of GDP
8.2.23. Net Foreign Direct Investment
8.2.24. Net FDI as a percentage of GDP
8.2.25. International reserves, including Gold
8.3. Energy and Utilities
8.3.1. Total Conventional Thermal Electricity Net Generation
8.3.2. Hydroelectricity Net Generation
8.3.3. Total Conventional Thermal Electricity Installed Capacity
8.3.4. Total Electricity Exports
8.3.5. Total Electricity Imports
8.3.6. Proved Reserves of Natural Gas (Trillion Cubic Feet)
8.3.7. Total Petroleum Consumption
8.3.8. Crude Oil Proved Reserves (Billion Barrels)
8.3.9. Total Non-Hydro Renewable Electricity Net Generation
8.4. Infrastructure Quality and Availability
8.4.1. Roads, total network (km)
8.4.2. Rail lines, total network
8.5. Minerals
8.5.1. Mining, Manufacturing, Utilities Output
8.6. Technology
8.6.1. Research and development expenditure
8.6.2. Patents Granted
8.7. Telecommunication
8.7.1. Telephone lines
8.7.2. Telephone lines Penetration Rate
9 Appendix
9.1. About SDI
9.2. Disclaimer

List of Tables
Table 1: Danish Defense Expenditure (US$ Billion), 2011-2015
Table 2: Danish Defense Expenditure (US$ Billion),2016-2020
Table 3: Danish Defense Expenditure (DKK Billion), 2011-2015
Table 4: Danish Defense Expenditure (DKK Billion), 2016-2020
Table 5: Danish GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2011-2015
Table 6: Danish GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2016-2020
Table 7: Danish Defense Budget Split Between Capital and Revenue Expenditure (%), 2011-2015
Table 8: Danish Defense Budget Split Between Capital and Revenue Expenditure (%), 2016-2020
Table 9: Danish Defense Capital Expenditure (US$ million), 2011-2015
Table 10: Danish Defense Capital Expenditure (US$ million), 2016-2020
Table 11: Danish Defense Capital Expenditure (DKK billion), 2011-2015
Table 12: Danish Defense Capital Expenditure (DKK billion), 2016-2020
Table 13: Danish Defense Revenue Expenditure (US$ billion), 2011-2015
Table 14: Danish Defense Revenue Expenditure (US$ billion), 2016-2020
Table 15: Danish Defense Revenue Expenditure (DKK billion), 2011-2015
Table 16: Danish Defense Revenue Expenditure (DKK billion), 2016-2020
Table 17: Danish Per Capita Defense Expenditure (US$), 2011-2015
Table 18: Danish Per Capita Defense Expenditure (US$), 2015 - 2019
Table 19: Danish Homeland Security Budget (US$ Billion), 2011-2015
Table 20: Danish Homeland Security Budget (US$ Billion), 2016-2020
Table 21: Danish Homeland Security Budget (DKK Billion), 2011-2015
Table 22: Danish Homeland Security Budget (DKK Billion), 2016-2020
Table 23: Benchmarking with Key Markets - 2011-2015 vs. 2016-2020
Table 24: SDI Terrorism Index
Table 25: Offset Regulations in Denmark
Table 26: Systematic A/S - Product Focus
Table 27: Systematic A/S: Alliances
Table 28: Systematic A/S: Recent Contract Wins
Table 29: Terma A/S - Product Focus
Table 30: Terma A/S: Alliances
Table 31: Terma A/S: Recent Contract Wins
Table 32: Arenalogic ApS - Product Focus
Table 33: Arenalogic ApS: Alliances
Table 34: Copenhagen Sensor Technology ApS - Product Focus
Table 35: Copenhagen Sensor Technology ApS: Alliances
Table 36: Danish Aerotech A/S - Product Focus
Table 37: Danish Aerotech A/S: Alliances
Table 38: Danish Aerotech A/S: Recent Contract Wins
Table 39: Falck Schmidt Defense Systems A/S - Product Focus
Table 40: Falck Schmidt Defense Systems: Alliances
Table 41: Falck Schmidt Defense Systems: Recent contract wins
Table 42: IFAD TS A/S - Product Focus
Table 43: IFAD TS A/S: Alliances
Table 44: IFAD TS A/S: Recent Contract Wins
Table 45: Alcatel-Lucent Denmark A/S - Product Focus
Table 46: Alcatel-Lucent Denmark A/S: Recent Contract Wins
Table 47: Lockheed Martin Denmark - Product Focus
Table 48: Lockheed Martin Denmark: Alliances
Table 49: Lockheed Martin Denmark: Recent Contract Wins
Table 50: TenCate Advanced Armour Denmark A/S - Product Focus
Table 51: TenCate Advanced Armour Denmark A/S: Alliances
Table 52: TenCate Advanced Armour Denmark A/S: Recent Contract Wins

List of Figures
Figure 1: Danish Defense Expenditure (US$ Billion),2011-2015
Figure 2: Danish Defense Expenditure (US$ Billion),2016-2020
Figure 3: Danish Defense Expenditure (DKK Billion), 2011-2015
Figure 4: Danish Defense Expenditure (DKK Billion), 2016-2020
Figure 5: Danish GDP Growth vs. Defense Expenditure Growth and Defense Expenditures Percentage of GDP Growth, 2011-2015
Figure 6: Danish GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2016-2020
Figure 7:DanishDefense Budget Split Between Capital and Revenue Expenditure (%), 2011-2015
Figure 8: Danish Defense Budget Split Between Capital and Revenue Expenditure (%), 2016-2020
Figure 9: Danish Defense Capital Expenditure (US$ million), 2011-2015
Figure 10: Danish Defense Capital Expenditure (US$ million), 2016-2020
Figure 11: Danish Defense Capital Expenditure (DKK billion), 2011-2015
Figure 12: Danish Defense Capital Expenditure (DKK billion), 2016-2020
Figure 13: Danish Defense Revenue Expenditure (US$ billion), 2011-2015
Figure 14: Danish Defense Revenue Expenditure (US$ billion), 2016-2020
Figure 15: Danish Defense Revenue Expenditure (DKK billion), 2011-2015
Figure 16: Danish Defense Revenue Expenditure (DKK billion), 2016-2020
Figure 17: Danish Per Capita Defense Expenditure (US$), 2011-2015
Figure 18:Danish Per Capita Defense Expenditure (US$), 2016-2020
Figure 19: Danish Homeland Security Budget (US$ Billion), 2011-2015
Figure 20: Danish Homeland Security Budget (US$ Billion), 2016-2020
Figure 21: Danish Homeland Security Budget (DKK Billion), 2011-2015
Figure 22: Danish Homeland Security Budget (DKK Billion), 2016-2020
Figure 23: SDI Terrorism Heat Map, 2015
Figure 24: SDI Terrorism Index, 2015
Figure 25: Benchmarking with Key Markets - 2011-2015 vs. 2016-2020
Figure 26: Benchmarking with World's Largest and Top Regional Defense Spenders (US$ Billion), 2015 and 2020
Figure 27: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2015
Figure 28: Danish Fighters Aircraft Market Size (US$ Million), 2015-2025
Figure 29: Danish Multi-mission and Maritime Helicopter Market Size (US$ Million), 2015-2025
Figure 30: Danish Armored Personnel Vehicles Market Size (US$ Million), 2015-2025
Figure 31: Denmark Defense Import Trend, 2010-2014 (TIV values)
Figure 32: Denmark Defense Imports by Country (%), 2010-2014
Figure 33: Denmark Defense Imports by Category (%), 2010-2014
Figure 34: Denmark Defense exports by Value (%), 2010-2014
Figure 35: Denmark Defense exports by Country (%), 2010-2014
Figure 36: Denmark Defense Imports by Category (%), 2010-2014
Figure 37: Industry Dynamics Porter's Five Forces Analysis
Figure 38: Denmark's Population - Rural (Millions), 2015-2024
Figure 39: Denmark's Population - Urban (Millions), 2015-2024
Figure 40: Denmark's Population - Number of Households (Millions), 2008-2017
Figure 41: Denmark's GDP per capita, 2015-2024
Figure 42: Denmark's Gross Domestic Product (current US$ Bn),2015-2024
Figure 43: Denmark's Exports of goods and services (current US$ Bn), 2004-2013
Figure 44: Denmark's Imports of goods and services (current US$ Bn), 2003-2012
Figure 45: Denmark's gross national disposable income (US$ Bn), 2004-2012
Figure 46: Denmark's Manufacturing Output (US$ Bn), 2003-2012
Figure 47: Denmark's Consumer Price Index, 2015-2024
Figure 48: Denmark's Wholesale Price Index, 2003-2012
Figure 49: Denmark's LCU per US$, 2015-2024
Figure 50: Denmark's LCU per EUR, 2015-2024
Figure 51: Denmark's Market Capitalization of listed Companies (US$ Bn), 2003-2012
Figure 52: Denmark's Market Capitalization of listed companies as a % of GDP, 2003-2012
Figure 53: Denmark's Government cash surplus/deficit (LCU Bn), 2003-2012
Figure 54: Denmark's Government cash Surplus/deficit as a % of GDP,2003-2012
Figure 55: Denmark's Central Government Debt (LCU Bn), 2002-2011
Figure 56: Denmark's Central Government Debt as a % of GDP, 2003-2012
Figure 57: Denmark's Goods Exports as a % of GDP, 2003-2012
Figure 58: Denmark's Goods Imports as a % of GDP,2003-2012
Figure 59: Denmark's Goods Trade Surplus/Deficit as a % of GDP, 2003-2012
Figure 60: Denmark's Services Imports as a % of GDP, 2003-2012
Figure 61: Denmark's Services Exports as a % of GDP, 2003-2012
Figure 62: Denmark's Services trade surplus/deficit as a % of GDP, 2003-2012
Figure 63: Denmark's Net Foreign Direct Investment (current US$ BN), 2005-2012
Figure 64: Denmark's Net FDI as a percentage of GDP, 2005-2012
Figure 65: Denmark's International reserves, including Gold (US$ Bn), 2003-2012
Figure 66: Denmark's Total Conventional Thermal Electricity Net Generation (Bn KWH), 2002-2011
Figure 67: Denmark's Hydroelectricity Net Generation (Mn KWH), 2003-2012
Figure 68: Denmark's Total Conventional Thermal Electricity Installed Capacity (Million
Figure 69: Denmark's Total Electricity Exports (BnKWH), 2003-2012
Figure 70: Denmark's Total Electricity Imports (Bn KWH), 2003-2012
Figure 71: Denmark's Proved Reserves of Natural Gas (Trillion Cubic Feet), 2004-2014
Figure 72: Denmark's Total Petroleum Consumption (Thousand Barrels per Day), 2004-2013
Figure 73: Denmark's Crude Oil Proved Reserves (Million Barrels), 2005-2014
Figure 74: Denmark's Total Non-Hydro Renewable Electricity Net Generation (Bn Kw),
Figure 75: Denmark's Roads, total network (km), 2003-2011
Figure 76: Denmark's Rail lines (total route-Km), 2003-2012
Figure 77: Denmark's Mining, Manufacturing, Utilities Output(US$ Bn), 2003-2012
Figure 78: Denmark's Research and Development (thousands LCU), 2001-2010
Figure 79: Denmark's Patents Granted, 2004-2013
Figure 80: Denmark's Telephone lines, 2003-2012
Figure 81: Denmark's Telephone lines Penetration Rate (per 100 people), 2003-2012