Documental Estimates European Defense Electronics Market from 2007-2013
Related Stories: BAE, Britain/U.K., EADS, Electronics & IT, Europe - France, Europe - Other, Finmeccanica, Industry & Trends, Northrop-Grumman, Other Corporation, Raytheon, Thales

Analyst firm Documental Solutions has published its analysis of the European defense electronics/ C4ISR marketplace after 5 years of building a bottom-up database. They peg the European Defence Electronics market (excluding all platforms and weapon systems) to be worth $13.5 billion in 2007, rising to over $15 billion in 2008 due to a variety of factors. Documental forecasts relatively a relatively flat spending trajectory from 2008-1012, followed by a slight decline in 2013.
Electro-optics continues to be a hot sector, and other examples of high growth areas are: vehicle protection systems, SATCOM on the move, tactical battle management, software-defined radios, wide band network radios, UAV datalinks, airborne fixed-wing radars, and naval electro-optics. Areas of expected decline include space-based and ground radars, military satellites, and naval platform markets. According to Documental, Thales, Finmeccanica, and EADS were the top 3 players in 2007; opportunities to increase market share are sparse in the short term, but the 2009-2011 period is expected to feature increased opportunities.
Much more detail, plus related graphs, can be found in Documental’s release on their site; the firm specializes in developing comprehensive bottom-up databases for the defense and aerospace industry, coupled with interactive on-line analysis software.


