This report is the result of SDI’s extensive market and company research covering the Irish defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news.
Introduction and Landscape
Why was the report written
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The Future of the Irish Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain a market share in the Irish defense industry.
What is the current market landscape and what is changing
Irish defense expenditure registered a CAGR o -5.08% during the review period and values US$1.18 billion in 2013. The focus of the Irish government will be on participation in peacekeeping and crisis management operations
What are the key drivers behind recent market changes
Modernization of its armed forces, participation in peacekeeping operations, and crisis management operations.
What makes this report unique and essential to read
The Future of the Irish Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2018 provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
Key Features and benefits
The report provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators, and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
The report includes trend analysis of imports and exports, together with their implications and impact on the Irish defense industry.
The report covers five forces analysis to identify various power centers in the industry and how these are expected to develop in the future.
The report allows readers to identify possible ways to enter the market, together with detailed descriptions of how existing companies have entered the market, including key contracts, alliances, and strategic initiatives.
The report helps the reader to understand the competitive landscape of the defense industry in Ireland. It provides an overview of key defense companies, both domestic and foreign, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.
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Key Highlights
Irish defense forces are involved in a number of overseas peacekeeping missions, which include UN Mission for the Referendum in Western Sahara (MINURSO), UN Observer Mission in Congo (MONUC), EU Training Mission Somalia (EUTM), International Security Assistance Force (ISAF) in Asia, EU Stabilization Force (EUFOR/SFOR) and Kosovo Force (KFOR), UN Truce Supervision Organization (UNTSO), UN Interim Force Lebanon (UNIFIL), and the Department of Peacekeeping Operations (DPKO) in the Middle East. Ireland deploys 97 military personnel in peacekeeping operations, out of which, 56 personnel are committed to missions in Bosnia and Kosovo.
Cybercrime: Cybercrime is seen as a major threat to internal security by the Irish government. According to the cybercrime survey conducted by the Irish Information Systems Security Association (ISSA), Irish organizations face cybercrime incidents from malicious software and phishing attempts. In addition to this, the theft of sensitive IT assets is on a significant increase, and in 2007, 49% of the 61 Irish organizations surveyed reported asset thefts. Due to the increasing threat of cybercrime against Ireland’s internal security, cyber security is expected to be a factor behind the Irish HLS budget during the forecast period, as despite budget constraints, the Irish Department of Justice and Equality remains committed to countering cybercrime.
Ireland imports a majority of its defense equipment from Italy with the latter constituting 34.5% of the country’s defense import market, followed by Switzerland and South Africa, each with shares of 20.7%. Norway and the US are the other two key import partners of the country, with shares of 13.8% and 10.3% respectively. Ireland gives priority to European countries and South Africa for defense equipment imports, and the high level of defense imports from Italy is primarily due to Ireland’s acquisition of six AW139 transport helicopters from AgustaWestland, which is based in Italy. In addition to this, the purchase of 80 Swiss-manufactured Mowag Piranha armored personnel carriers in 2007 and 2008 resulted in Switzerland gaining a higher share in Ireland’s total defense imports. Moreover, the US sold artilleries to Ireland in 2007 and 2008. Furthermore, during the review period, Ireland made an important defense acquisition from South Africa, with the purchase of 27 RG32M light tactical vehicles.
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