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Battle Looms Ahead for Italy's Air Platforms Market Finds Frost & Sullivan - Market opportunities driven by 2011-2020 air programmes still to exploit in a long term perspective - Aerospace.Frost.com
Battle Looms Ahead for Italy's Air Platforms Market Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/07/26 - Market opportunities driven by 2011-2020 air programmes still to exploit in a long term perspective - Aerospace.Frost.com.

   
 
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The recent budget cuts in Italy present significant challenges for the country defence industry. However, the Italian Air Platforms Market can still offer diverse opportunities across all platform segments in a long term. In the upcoming days, industry participants will have to be cost efficient and adapt themselves to the changing trends.

According to the recent analysis from Frost & Sullivan (aerospace.frost.com), Revenue Opportunities and Stakeholder Mapping - Italy: Air Platforms Market, the total market size is nearly $14 billion for air programmes over the period 2011-2020. The following segments are covered in the research: manned platforms and unmanned platforms with sub-segments covering C4ISTAR, and training and simulation.

"Opportunities within the Italian defence market are driven by new platforms and C4ISTAR procurements, although only in the medium- to long-term," notes Frost & Sullivan Consultant Aman Pannu. "In an effort to save up to €5 billion, the Italian Ministry of Defence (MoD) is planning to cut some major programmes such as the Eurofighter, which has been reduced by 25 units."

This means that Italy will only buy the already-ordered 21 of the planned 46 Tranche 3A variants. It is highly unlikely that Italy would undertake any new major platform procurement before 2013 at the earliest.

Manned platform revenues are set to slightly decrease in 2013 as the acquisition of M-346, NH-90 and CH-47 is completed. It then flattens out as the procurement of F-35s commences in 2014. Revenues from the latter part of the decade are likely to derive from upgrades.

"Although at present most MoDs execute major procurements by taking the through-life route, Italy still maintains the bulk of the platforms in-house," remarks Pannu. "This practice is expected to change as the current economic situation is likely to push the Italian MoD to consider future procurement in the form of service-based contracts."

"To enter the Italian defence market, especially amidst the current economic turmoil, partnership with the domestic participants is the easiest entry strategy," concludes Pannu. "This is particularly so, since there is still exists a fair degree of red tape."

If you are interested in more information on this study, please send an email with your contact details to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com.

Revenue Opportunities and Stakeholder Mapping - Italy: Air Platforms Market is part of the Defence Growth Partnership Service programme, which also includes research in the following markets: Strategic Analysis of European Soldier Modernisation Markets, Middle East Oil & Gas Infrastructure Security Market and Asia Pacific Naval Communication Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Revenue Opportunities and Stakeholder Mapping - Italy: Air Platforms Market / M6C4 -16

 
 
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Battle Looms Ahead for Italy's Air Platforms Market Finds Frost & Sullivan

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