Italy Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

Italy Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026, report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period.

Italy's defense budget for FY2021 is set at US$30.2 bn, registering a Y-o-Y growth rate from 2020 of 2.6%. Defense spending is expected to grow over the forecast period with the country's prioritization of defense expenditure, as the country recovers from the economic consequences of the COVID-19 pandemic and thanks to a renewed commitment to defense from the recently appointed PM Draghi. This overall upward trajectory will witness Italy's total defense budge fluctuating, but growing slowly to FY2026, rising to US$31.2 billion with a CAGR of -0.02% for the forecast period.

Over the forecast period, the two main drivers of Italian defense spending are pressure from NATO for Italy to spend 2% of its GDP on defense, and the ongoing push for modernisation. Italy's Navy is at the forefront of this modernisation and upgrading of the fleet, with multiple vessels being funded through the procurement process in order to replace other ageing ships.

This report offers detailed analysis of Italy's defense market 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.

Italy will continue to invest in key defense programs despite the economic challenges posed by the ongoing COVID-19 pandemic. Many of these procurement programs are driven by Italy's renewed desire to paritcipate in European defense integration (thanks to PM Draghi's new more eurocentric government) – for example, the development of the Tempest sixth-generation fighter program is led by a European based consortium defense companies.

Who Should Buy

– Defence Startup's, Original Equipment Manufacturers (OEMs), Defence Planners, Aerospace and Defence Integrators, Venture Capital Firms, Government Agencies, Head of Marketing, Head of Sales, CEOs and Senior Executives.

– The concerned stakeholders can utilize the report to identify high growth segments and customize their offerings to match the project requirements.

– The Venture Capital Firms can utilize the project details, growth rate, and market size to identify and fund high potential startups.


In particular, it provides an in-depth analysis of the following –

– Italy's defense budget: detailed analysis of Italy's FY2021 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.

– Regulation: the procurement policy and process is explained. This is coupled with an analysis of Italy's military doctrine and strategy to provide a comprehensive overview of Italy's military regulation.

– Security Environment: political alliances and perceived security threats to Italy are examined; there help to explain trends in spending and modernisation.

– Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years

– Competitive landscape and strategic insights: analysis of the competitive landscape of the Italian defense industry.

Reasons to buy

– Determine prospective investment areas based on a detailed trend analysis of the German defense market over the next five years

– Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the German market and identify the opportunities offered.

– Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others

– Identify the major threats that are driving the German defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion

– Channelize resources by focusing on the ongoing programs that are being undertaken by the German government

– Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available

Companies mentioned

Leonardo SpA

Fincantieri SpA

Avio SpA

Lockheed Martin Corp


Table of Contents

Table of Contents

Executive Summary

Defense Budget Assessment

Budgeting Process

Defense Market Size Historical And Forecast

Drivers Of Defense Expenditure

Analysis Of Defense Budget Allocation

Key Market Trends and Insights

Military Doctrine And Security Environment

Military Doctrine And Strategy

Primary Threat Perception

Political And Strategic Alliances

Geopolitical Social And Economic Scenario

Market Entry Strategy And Regulations

Procurement Policy and Process

Market Regulations

Market Entry Route

Key Challenges

Major Deals and M&A

Market Attractiveness And Emerging Opportunities

Market Attractiveness, 2020 2025

Top Defense Segments By Value

Import And Export Market Dynamics

Import Market Dynamics

Export Market Dynamics

Defense Platform Acquisitions

Defense acquisitions by value

F 35A Lightning II

Tempest sixth generation fighter program

U212 NFS

Pattugliatore Polivalente D'Altura (PPA) Ships

Ocean going Multi purpose Mine

Countermeasures (MCM) Vessel

Fleet Size

Competitive Landscape

Defense Companies Operating In UAE

Main Defense Companies


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