The Taiwanese Defense Industry - Market Opportunities and Entry Strategies Analyses and Forecasts to 201512 Aug 2011 • by Natalie Aster
The country’s military expenditure is expected to be driven by factors such as a strained relationship with China and the acquisition of advanced defense systems. Rapid defense modernization plans being pursued by China have also compelled the nation to enhance the capabilities of its armed forces. The country’s defense budget as a percentage of GDP is likely to increase from 2.0% in 2011 to 2.2% in 2015, and the country’s defense spending growth rate is expected to correlate closely with the nation’s GDP growth rate. During the report’s forecast period, the share of capital expenditure in the overall defense budget is anticipated to increase to an average of 12%.
This increase in capital expenditure is largely due to the country’s focus on acquiring advanced defense systems. With the country planning to reduce its troop size by 20% by 2014, the share of revenue expenditure in the total defense budget is also expected to decline. As a consequence of this increase in capital expenditure, defense equipment suppliers will experience a surge in demand for advanced defense systems such as fighter aircraft, military helicopters, missiles, warships and submarines.
The report “The Taiwanese Defense Industry - Market Opportunities and Entry Strategies Analyses and Forecasts to 2015” by iCD Research offers the reader insights into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Taiwanese defense industry. The report provides detailed analysis of the current industry size and growth expectations from 2011 to 2015, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
Taiwan’s military expenditure is moderate when compared to leading defense spenders such as the US, China, France, Germany and Italy. Although the country is seeking to increase its military budget to counter perceived security threats, its defense budget has been very small compared to China, its hostile neighbor.
The Taiwanese Defense Industry - Market Opportunities and Entry Strategies Analyses and Forecasts to 2015
Published: July, 2011
Price: US$ 1,250
- The report looks at historical performance as well as future industry projections using the in-house model. The report is a mixture of graphs, charts, tables and text in an effort to give the reader the maximum possible information in the most efficient and visually appealing manner.
- The report helps marketing agencies in the industry to promote their business by aligning their capabilities and business practices with their customers’ changing needs, while it also helps suppliers to benchmark their efforts with those of their competitors.
- The report uncovers the business outlook, key challenges and opportunities identified by suppliers and buyers, enabling industry stakeholders to understand the business sentiment prevailing in the industry.
More information can be found in the report “The Taiwanese Defense Industry - Market Opportunities and Entry Strategies Analyses and Forecasts to 2015” by iCD Research.
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