Poland Defense and Security: Accelerating the modernization of its armed forces

(IT-NEWSWIRE.COM, May 03, 2018 ) Poland scored low in terms of levels of conflict but high on associated costs. Although a peaceful nation, it faces a continuous threat from Russia which is attempting to expand its influence over Eastern Europe. In 2016, Poland was ranked 13th globally in terms of military expenditure as a percentage of GDP.

MarketLine's premium reports provide a comprehensive overview of each market within a country's defense industry; benchmark key performance indicators against regional and global peers; review industry trends and drivers; evaluate the competitive landscape and innovation potential of singular markets; and conduct data-driven SWOT analysis to ascertain a structured assessment of the performance of each territory represented.

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Key Highlights
Growing defense expenditure:
Polish defense expenditure rose from US$8.8 billion in 2015 to US$9.1 billion in 2016. It will post a forecast-period CAGR of 5% to reach US$11.3 billion in 2021. Modernization plans, the procurement of equipment, the formation of armed civil forces, and peacekeeping initiatives under its membership of NATO will drive defense expenditure. Revenue expenditure increased from US$5.1 billion in 2015 to US$6.5 billion in 2016 and will post a forecast-period CAGR of 5.1% CAGR to reach US$6.9 billion in 2021, driven by the country's focus on advanced military training programs.

Homeland security and aircraft categories to drive capital expenditure:
In Poland, capital expenditure for aircraft stood at US$514.6 million in 2016 and will post a forecast-period CAGR of 3.1% to reach US$656.2 million in 2021, driven by the replacement of the Sukhoi Su-22 and Mikoyan MiG-29 with F-16s and F-35s. In 2016, Poland registered a capital expenditure of US$600.3 million on homeland security which will post a forecast-period CAGR of 2.6% to reach US$678.4 million in 2021. The country's efforts to adopt new technologies to counter cybercrime and bolster infrastructure protection measures will drive expenditure.

Missile defense system expenditure:
Capital spending on missile defense system will post a forecast-period CAGR of 4.1% to reach US$436.0 million in 2021. Conflicts with Ukraine prompted the Polish MoND to strengthen its systems. To this end, it has also ordered 70 AGM-158B Joint Air-to-Surface Standoff Missiles with Extended Range (JASSM-ER) from Lockheed Martin at a cost of US$200.0 million. By 2022, Poland aims to purchase six batteries of mid-range Wisla missiles, 11 short-range Narew missiles, 77 self-propelled Poprad units, and six Pilica rocket-artillery systems.

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Scope
- Industry Snapshot and Industry View - Key defense and security industry statistics including total expenditure, revenue expenditure, and capital expenditure are analysed to reveal the key issues and trends driving market performance in the Polish defense and security market.
- Industry SWOT Analysis - Discover the Strengths, Weaknesses, Opportunities and Threats impacting market performance and investment in the Polish defense and security market.
- Industry Benchmarking - Benchmark how the Poland defense and security market is performing compared to regional and global markets in terms of total expenditure, revenue expenditure, and capital expenditure to gauge potential for growth or market entry.
- Competitive Landscape - Analyze and compare the performance of the leading players in the Poland defense and security market by business segment on metrics such as arms sales, along with detailed overview and product offerings of the leading defense and security players in Poland.

Reasons to buy
- How is the market performing in terms of: total expenditure, revenue expenditure, and capital expenditure-
- How risky is it to invest in the Polish defense and security industry compared to other European countries-
- What is driving the performance of key industry segments such as homeland security, aircraft and others-
- Who are the leading players in the Polish defense and security industry and how does their performance compare-
- What trends are being witnessed within the Polish defense and security industry-
- What are the Polish defense and security industry's Strengths and Weaknesses and what Opportunities and Threats does it face-
- What are the recent developments, innovations, and deals in the Polish defense and security industry-

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Table of Contents
Conflict &Costs Index 3
Industry Snapshot 7
Industry View 24
Industry SWOT Analysis 28
Industry Benchmarking 34
Industry Performance 53
Competitive Landscape 68
Innovation 71
Deals 73
Key Developments 77
Appendix 81

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Poland Defense and Security: Accelerating the modernization of its armed forces