; The Thai Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015
Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out
Your Federal Quarterly Tax Payments are due April 15th Get Help Now >>

The Thai Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015

VIEWS: 72 PAGES: 128

This report offers insights into the market opportunities and entry strategies adopted by foreign OEMs (original equipment manufacturers) to gain a market share in the Thai defense industry. In particular, it offers in-depth analysis of the following: • Market opportunity and attractiveness: detailed analysis of the current industry size and growth expectations during 2011–2015, including highlights of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas. • Procurement dynamics: trend analysis of imports and exports, together with its implications and impact on the Thai defense industry. • Industry structure: five forces analysis to identify various power centers in the industry and how these are likely to develop in the future. • Market entry strategy: analysis of possible ways to enter the market, together with detailed descriptions of how existing players have entered the market, including key contracts, alliances, and strategic initiatives. • Competitive landscape and strategic insights: analysis of competitive landscape of the defense industry in Thailand. It provides an overview of key defense companies (both domestic and foreign), together with insights such as key alliances, strategic initiatives, and a brief financial analysis. • Business environment and country risk: a range of drivers at country level, assessing business environment and country risk. It covers historical and forecast values for a range of indicators, evaluating business confidence, economic performance, infrastructure quality and availability, labor force, demographics, and political and social risk.

More Info
  • pg 1
									The Thai Defense Industry - Market
Opportunities and Entry Strategies,
Analyses and Forecasts to 2015
Market Intelligence Report

Reference code: ICDDF0034MR11

Published: January 2011

www.icd-research.com

ICD Research

John Carpenter House

7 Carmelite House

London EC4Y 0BS

United Kingdom

Tel: +44 (0) 20 7936 6400

Fax: +44 (0) 20 7336 6813




© ICD Research. This report is a licensed product and is not to be photocopied
TABLE OF CONTENTS


LIST OF TABLES .................................................................................................................. 7
LIST OF FIGURES ................................................................................................................ 8
1. Introduction ................................................................................................................. 10
1.1       About this Report ................................................................................................................. 10
1.2       Definitions ............................................................................................................................ 10
1.3       Methodology ......................................................................................................................... 12
1.3.1 Secondary research ........................................................................................................................... 12
1.3.2 Primary research ................................................................................................................................ 12
1.3.3 Conventions ....................................................................................................................................... 13
1.4       ICD Research Terrorism Index ............................................................................................ 13
1.5       About ICD Research............................................................................................................. 13
1.6       About Strategic Defence Intelligence (www.strategicdefenceintelligence.com) ............. 13
2.     Executive Summary .................................................................................................... 14
3.     Market Attractiveness and Emerging Opportunities ................................................ 16
3.1       Defense Market Size and Forecast ...................................................................................... 17
3.1.1 Thai defense expenditure expected to increase at a CAGR of 14.56% during the forecast period ....... 17
3.1.2 Modernization initiatives, security threats, an arms race with neighboring countries and border disputes
      are expected to drive defense spending.............................................................................................. 18
3.1.3 Military spending as a percentage of GDP is expected to increase during the forecast period ............. 20
3.2       Analysis of Defense Budget Allocation .............................................................................. 21
3.2.1 The share of capital expenditure in the overall defense budget is expected to increase during the
      forecast period ................................................................................................................................... 21
3.2.2 The army accounts for the largest share of defense expenditure ......................................................... 22
3.2.3 The country is expected to spend US$18.7 billion on its army during the forecast period..................... 23
3.2.4 Naval budget projected to grow at a CAGR of 14.56% during the forecast period ................................ 24
3.2.5 Air force budget expected to be US$1.8 billion by 2015 ...................................................................... 25
3.2.6 Thailand to spend US$4.8 billion on support services during the forecast period ................................. 26
3.3       Homeland Security Market Size and Forecast ................................................................... 27
3.3.1 Homeland security (HLS) expenditure expected to grow at a CAGR of 7.03% during 2011-15 ............ 27
3.3.2 HLS expenditure to be driven by the country’s efforts to counter security threats and civil unrest ........ 28
3.3.3 Thailand faces a high level of threat from foreign terrorist organizations .............................................. 29
3.4       Benchmarking with Key Global Markets ............................................................................ 31
3.4.1 Thai defense expenditure is expected to remain modest during the forecast period............................. 31
3.4.2 Thai defense expenditure as a percentage of GDP higher than some of the leading defense spenders33
3.4.3 Thailand has a low per capita defense expenditure ............................................................................. 34
3.4.4 Thailand faces a high level of threat from foreign terrorist organizations .............................................. 35
3.5       Market Opportunities: Key Trends and Growth Stimulators ............................................. 38
3.5.1 Demand for naval defense equipment expected to increase................................................................ 38
3.5.2 Modernization of the armed forces will create demand for advanced defense systems ........................ 38

The Thai Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015                               Published January 2011
© ICD Research. This report is a licensed product and is not to be photocopied                                                                       Page 2
TABLE OF CONTENTS


3.5.3 Demand for land-based defense systems expected to increase .......................................................... 38
4.     Defense Procurement Market Dynamics ................................................................... 39
4.1.1 Undeveloped domestic defense industry drives imports ...................................................................... 39
4.1.2 Defense imports expected to increase during the forecast period ........................................................ 40
4.1.3 The US dominated Thai defense imports during 2009 ......................................................................... 41
4.1.4 Aircraft accounted for a majority of defense imports during 2009......................................................... 42
4.2       Export Market Dynamics ..................................................................................................... 43
4.2.1 Thailand has limited export capabilities ............................................................................................... 43
5.     Industry Dynamics ...................................................................................................... 44
5.1       Five Forces Analysis.....................
								
To top