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The Future of the Thai Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023 - ResearchAndMarkets.com

The "Future of the Thai Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering.

Future of the Thai Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023 provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

This report offers detailed analysis of the Thai defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

Scope

  • Thailand, the second-largest economy in Southeast Asia, witnessed defense budget growth of 4.78% during 2014-2018, to reach a value of US$6.8 billion in 2018.
  • The country aims to modernize its military equipment in order to sustain its military capabilities and maintain acceptable readiness levels in line with other countries around the world.
  • The escalation of the arms race in the ASEAN region (Association of Southeast Asian Nations), due to massive military expenditure by China and India, and territorial conflicts with adjoining nations, are the key factors driving Thailand's defense expenditure.
  • With this trend expected to continue over the forecast period, the country's defense expenditure is projected to grow at a CAGR of 4.61% to reach US$8.4 billion by 2023.

Topics Covered

1. Introduction

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

4. Defense Procurement Market Dynamics

5. Industry Dynamics

6. Market Entry Strategy

7. Competitive Landscape and Strategic Insights

8. Business Environment and Country Risk

Companies Featured

  • Saab
  • Airbus Helicopters
  • Sikorsky
  • Northrop Grumman Corp.
  • Lockheed Martin Corp.
  • Leonardo
  • Daewoo Shipbuilding & Marine Engineering
  • Enstrom Helicopter Corporation

For more information about this report visit https://www.researchandmarkets.com/research/9wzq4c/the_future_of_the?w=4

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Related Topics: Military Aerospace and Defense

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