Bangladesh Defense Market Analysed by SDI in Topical Report Published at MarketPublishers.com07 Jan 2014 • by Natalie Aster
LONDON – Through to 2018, Bangladesh is forecast to invest USD 11.1 billion in its military forces, of which USD 2.7 billion is set to be allocated for military hardware, offering overseas OEMs limited opportunities to cater to the national defense industry. Still, the budget remains rather inadequate for the procurement of high-tech defense weaponry and equipment. In addition, Bangladesh is currently more focused on bringing in more prosperity and wealth for its population and developing its economic conditions in the oncoming years.
Underdeveloped defense capabilities alongside external and internal security threats make Bangladesh import military hardware. From 2014 to 2018, the country’s imports of arms equipment will increase, supported by the government’s ammunition modernisation plans put in action recently. Over the review period, China was the biggest supplier of military equipment to Bangladesh, whilst armoured vehicles accounted for the better half of imports. In the offing, the demand for aircraft is expected to remain high, while the import of air defense systems is likely to rise.
Topical market research report “Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018” created by Strategic Defence Intelligence (SDI) gives an impartial view of the Bangladeshi defense market.
The study provides a detailed analysis of the industry size as of now, alongside growth projections to 2018. It specifies the major propellers of growth in the sector, benchmarks the industry against top global markets, and sheds light on emerging opportunities in particular areas. A close-up look at imports and exports, their implications and influence on the Bangladeshi defense industry is presented. Porter’s five forces analysis included in the research report helps to pinpoint various power centers in the market as well as understand how these are set to develop in the offing. The report presents a deep review of the competitive situation in the national defense industry; gives an overview of key defense companies in tandem with insights like strategic initiatives, major alliances, and a brief financial overview. Valuable information on how to enter the marketplace is included, too.
Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
Published: December, 2013
Price: US$ 1,250.00
More topical market research reports by the publisher can be found at SDI page.