Defense Industry Business Confidence Report - H1 2016 Product, Development, Expectations of Higher Expenditure on Operational Efficiency
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  • Defense Industry Business Confidence Report - H1 2016 Product, Development, Expectations of Higher Expenditure on Operational Efficiency

    (Transportation-News.com, July 20, 2016 ) Defense Industry Business Confidence Report - H1 2016 Size and Share Published in 2016-02-02 Available for US$ 1950 at Researchmoz.us

    Description

    The existing economic environment is stable for the defense industry, and customer confidence will change positively in H1 2016 (January 2016- June 2016). Companies are optimistic about growth prospects during the next six months, due to expectations of higher expenditure on new product development, research and analysis, and a renewed focus on improving operational efficiency and customer retention. Sales will be higher in North America during H1 2016, and spend will increase slightly on mergers and acquisitions over the next six months.

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    Key Findings

    In total, 43% and 34% of industry executives indicate favorable or very favorable economic conditions in North America and Asia

    One-third of industry executives anticipate no change in customer confidence in the next six months

    On average, defense industry executives forecast an increase of 3.0% in supplier prices for technology in H1 2016

    New product development is the key area where respondents expect to spend more in the next six months

    Executives who operate in North America highlight cyber crime as the biggest concern for H1 2016

    Improving operational efficiency and customer retention are the two main priorities for global defense industry over the next six months

    Synopsis

    Strategic Defence Intelligence

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    Table of Content

    1 Introduction

    1.1. Definitions and abbreviations

    1.2. Methodology and sample size

    1.3. Respondent profile

    2 Economic state, growth prospects and customer confidence

    2.1. Existing economic environment

    2.1.1. Over one-third of respondents highlight the current global economic conditions as stable

    2.1.2. In total, 43% of industry executives indicate favorable or very favorable economic condition in North America

    2.1.3. Respondents who operate in North America and Asia-Pacific have more favorable opinion about their region

    2.2. Industry and company growth outlook

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