The majority of respondents in this report are optimistic about growth prospects of their individual organizations and the industry overall.
Dallas, TX (PRWEB) May 16, 2014
Defense Business Confidence Report Q2 2014 market research says reduced armed conflict in Iraq and Afghanistan is forcing nations to reduce their budgets to purchase additional military equipment. A gradual decrease of regional tensions in the Middle East, with better economic performance in Asia-Pacific region has motivated defense organizations in these regions to increase focus on improving defense capabilities and equipping forces with advanced platforms and technologies.
The majority of respondents in this report are optimistic about growth prospects of their individual organizations and the industry overall. The development of new technologies as per changing customer needs is a key factor affecting the growth of companies in 2014. Regional analysis reveals that optimism towards company growth is higher among those operating in Asia-Pacific and the Rest of the World, however pessimism towards company growth prospects is observed among respondents from Europe and North America. Order a copy of this report at http://marketreportsstore.com/purchase?rname=11711.
This research analyzes industry opinions on the latest economic and customer issues, and their impact on investment decisions and growth prospects within the defense industry. This report also examines executive opinion about the current and future state of the economy and its retrospective effect on the industry. Furthermore, it analyzes the likely effect of supplier price changes, sales performance, and staff headcount within the industry over the next six months. In addition, it provides an overview of the key priorities, threats, and opportunities for the global defense industry over the next six months. Moreover, this report provides a comparative analysis of survey results with Q1 2014 and Q4 2013 results, wherever applicable.
Key Findings of Defense Business Confidence Report Q2 2014 market research include:
- Overall, 38% of defense respondents state that they are operating in a stable economic environment, while 30% state that the current economic conditions are favorable
- In comparison to Q1 2014 and Q4 2013, the percentage of respondents who opted for a positive change in customer confidence observed a significant rise in Q2 2014
- Industry respondents from North America expect considerable growth in staff headcount and sales in Q2 2014 when compared to Q1 2014 and Q4 2013 results
- Improving operational efficiency and retaining customers are the most preferred priorities by defense executives operating across all regions.
In particular, this report provides an in-depth analysis of: Industry executives' opinion about the current state global economy: examines the prevailing economic conditions' and executives opinion about the global economy and the state of economy across various regions; Growth prospects of company and industry: provides industry executives' expectation towards growth prospects of their company and the Industry over the next six months and tracks the change in executives' opinion during the last six months; Change in customer confidence: analyzes the defense industry executives' opinion about the change in customer confidence, globally, over the next six months and a comparative analysis with last two quarter results; Impact of supplier prices: determines the expected change in supplier prices across various categories and their impact on business confidence and examines the key factors influencing the change; Change in staff headcount and sales performance: tracks the expected change in staff headcount and sales among industry executives operating in various regions, over the next six months; Investment activities: ascertains the various investment activities on which the industry executives intend to focus on, and tracks the change priorities and strategies regarding future investments; Business concerns: examines the industry executives' attitude towards various business concerns and their change in opinion over the last six months; Key priorities: identifies the immediate priorities of industry executives operating in various regions, and tracks the change in executives' sentiment compared to the last quarter.
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