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Future of the thai defense industry market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner

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The Future of the Thai Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by …

The Future of the Thai Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain a market share in the Thai defense industry.

https://www.reportscorner.com/reports/15789/Future-of-the-Thai-Defense-Industry---Market-Attractiveness,-Competitive-Landscape-and-Forecasts-to-2018/


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  • 1. RCReports CornerFuture of the Thai Defense Industry - Market Attractiveness,Competitive Landscape and Forecasts to 2018
  • 2. DescriptionDescriptionReports Cornerwww.reportscorner.comThe Future of the Thai Defense Industry - Market Attractiveness,Competitive Landscape and Forecasts to 2018 offers the reader aninsight into the market opportunities and entry strategies adoptedby foreign original equipment manufacturers (OEMs) to gain amarket share in the Thai defense industry.
  • 3. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comProduct SynopsisThis report is the result of SDIs extensivemarket and company research covering the Thai defense industry,and provides detailed analysis of both historic and forecastdefense industry values including key growth stimulators,analysis of the leading companies in the industry, and keynews..Introduction and LandscapeWhy was the report written?The Future of the Thai Defense Industry - Market Attractiveness,Competitive Landscape and Forecasts to 2018 offers the reader aninsight into the market opportunities and entry strategies adoptedby foreign original equipment manufacturers (OEMs) to gain amarket share in the Thai defense industry.What is the currentmarket landscape and what is changing?Thai defense expenditureincreased at a CAGR of 5.14% during the review period and valuedUS$6.1 billion in 2013. The focus of the Thai government will beon the modernization of its armed forces, the arms race with otherAsian countries, and border securityWhat are the key drivers
  • 4. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.combehind recent market changes?Modernization of the armedforces, the arms race with other Asian countries, and bordersecurity to drive Thai defense spending.What makes this reportunique and essential to read?The Future of the Thai DefenseIndustry - Market Attractiveness, Competitive Landscape andForecasts to 2018 provides detailed analysis of the currentindustry size and growth expectations from 2014 to 2018,including highlights of key growth stimulators. It also benchmarksthe industry against key global markets and provides a detailedunderstanding of emerging opportunities in specific areas.KeyFeatures and BenefitsThe report provides detailed analysis of thecurrent industry size and growth expectations from 2014 to 2018,including highlights of key growth stimulators, and alsobenchmarks the industry against key global markets and providesa detailed understanding of emerging opportunities in specificareas.The report includes trend analysis of imports and exports,together with their implications and impact on the Thai defense
  • 5. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comindustry.The report covers five forces analysis to identify variouspower centers in the industry and how these are expected todevelop in the future.The report allows readers to identifypossible ways to enter the market, together with detaileddescriptions of how existing companies have entered the market,including key contracts, alliances, and strategic initiatives.Thereport helps the reader to understand the competitive landscapeof the defense industry in Thailand. It provides an overview of keydefense companies, both domestic and foreign, together withinsights such as key alliances, strategic initiatives, and a brieffinancial analysis.Key Market IssuesEven though Thailand has anoffset policy in order to enhance its domestic defense capabilities,it accepts indirect offsets as an eligible activity. Furthermore, thenation allows counter-purchase, according to which foreignsuppliers can buy non-defense related goods such as fruits andrice in exchange for defense equipment.
  • 6. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comAdditionally, a lack of multipliers within Thailands offset policyfails to encourage foreign OEMs to provide technology transfersor jointly develop defense equipment with the country.Consequently, foreign suppliers are not incentivized to invest intothe Thai defense sector and, as a result, the domestic defensesector is unable to gain access to military related technology.With the country failing to attract investors into its defense sector,the Thai military industry is unable to be part of the global supplychain for multinational defense companies.The Thai governmentfulfills most of its defense needs by importing military equipmentfrom foreign countries such as Ukraine, Russia, Germany, France,and Spain. The overall exports of the country during the period2008-2012 were negligible, resulting in poor inflow of foreigninvestment. During the forecast period, defense exports areexpected to remain low as a result of less joint development andcollaboration programs, and low levels of defense
  • 7. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comexports are expected to remain the key challenge for the Thaidefense industry. The Thai defense budget, which stands atUS$6.1 billion for 2013, is lower than most of its neighbors - thePhilippines is one of the few countries with a lower defensebudget - and this relatively small defense budget size frequentlydeters investors from venturing into the country. Moreover, theThai government has also made offsets mandatory for all defenseprocurements exceeding US$10.5 million. In an attempt toencourage domestic defense development, the Thai governmentawards additional significance to direct offsets; however, due tothe lack of sufficient investment and a shortage of skilled Thailabor, foreign OEMs are unable to transfer sophisticatedtechnology to domestic defense companies. The combination ofthe factors outlined above reduces the attractiveness of the Thaidefense industry for foreign OEMs.Key HighlightsThailand hoststhe Asian Defense and Security Exhibition,
  • 8. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comConferencing and Networking event biennially. The event began in2003 and provides a platform to manufacturers across the worldto showcase their defense equipment. During 2012, the eventattracted 250 individual exhibitors from 250 countries such asGermany, the US, Czech Republic, France, Korea, Israel,Singapore, Belarus, Russia, Poland, and Thailand. With thecountry embarking on a defense modernization plan, foreignOEMs have an opportunity to enter the fast-growing Thai defensemarket. The Thai government finalized deals catering to forcerestructuring, military education, package procurement, andresearch and development during the defense exhibition in March2012, providing foreign OEMs with a good opportunity to enter theThai defense market.During 2008-2012, Aircraft dominatedThailands defense imports with a share of 436.6% of totalimports.
  • 9. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comArmored vehicles, missiles, and ships are other major segmentsin which the country imported defense equipment during thisperiod, accounting for 19.1%, 15.2%, and 11.5% respectively. Overthe period 2013-2017, the country is expected to importhelicopters, armored vehicles, and frigates to counter southerninsurgency and strengthen its navy.
  • 10. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com1 Introduction1.1. What is this Report About?1.2. Definitions1.3. Summary Methodology1.4. SDI Terrorism Index1.5. About Strategic Defence Intelligence2 Executive Summary3 Market Attractiveness and Emerging Opportunities3.1. Defense Market Size Historical and Forecast3.1.1. The Thai defense budget expected to grow at a CAGR of 7.22% over the forecast period3.1.2. Modernization of the armed forces, arms race with other Asian countries and border security to driveThai defense spending3.1.3. Defense expenditure as a percentage of GDP is expected to reach 1.49% by 20183.2. Analysis of Defense Budget Allocation3.2.1. Capital expenditure allocation is expected to increase over the forecast period
  • 11. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com3.2.2. Expenditure on Army to account half of the total defense budget3.2.3. Air force expenditure to grow at a CAGR of 7.35% over the forecast period3.2.4. Naval expenditure is expected to reach US$1.8 billion by 20183.2.5. Thailand to spend US$4.3 billion on support services during the forecast period3.3. Homeland Security Market Size and Forecast3.3.1. Thai homeland security spending expected to grow at a CAGR of 2.08% over the forecast period3.3.2. Counter terrorism and maritime security to drive Thai Homeland security expenditure3.3.3. Thailand faces a high level of threat from foreign terrorist organizations3.3.4. Thailand has a terrorism index score of “2.3”3.4. Benchmarking with Key Global Markets3.4.1. Thai defense expenditure expected to increase over the forecast period3.4.2. Thai defense expenditure is relatively smaller than other Asian countries3.4.3. Thailand defense budget as a percentage of GDP is expected to decline over the forecast period3.4.4. Iraq, Pakistan, and Afghanistan are the most terror-prone countries3.5. Market Opportunities: Key Trends and Growth Stimulators
  • 12. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com3.5.1. Border Security3.5.2. Main Battle Tank (MBT)3.5.3. Multi mission and Rescue Helicopters3.5.4. Transport Helicopters3.5.5. Anti-ship Missiles3.5.6. Fighters and Multi-Role Aircraft3.5.7. Frigates4 Defense Procurement Market Dynamics4.1. Import Market Dynamics4.1.1. Thailands defense imports are expected to increase over the forecast period4.1.2. Sweden and Ukraine to remain the key arms suppliers to Thailand4.1.3. Helicopters and armored vehicles are expected to be the key imports for Thailand4.2. Export Market Dynamics4.2.1. No defense exports for Thailand5 Industry Dynamics
  • 13. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com5.1. Five Forces Analysis5.1.1. Bargaining power of supplier: low5.1.2. Bargaining power of buyer: high5.1.3. Barrier to entry: low to medium5.1.4. Intensity of rivalry: high5.1.5. Threat of substitution: high6 Market Entry Strategy6.1. Market Regulation6.1.1. Thai defense industry is largely driven by the governments offset policy6.1.2. The Thai defense sector is partially regulated6.2. Market Entry Route6.2.1. Defense exhibitions can be used as a direct entry route to the Thai defense industry6.2.2. Foreign Military Sales (FMS) to Thailand6.2.3. Foreign defense organizations venture into the market by partnering with a domestic defense firm6.3. Key Challenges
  • 14. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com6.3.1. Negligible defense exports pose a challenge for domestic defense companies6.3.2. Limited defense budget discourages investors from market entry6.3.3. Corruption and lack of transparency impede the growth of Thailands defense industry6.3.4. Presence of indirect offset hampers the growth of the domestic defense sector7 Competitive Landscape and Strategic Insights7.1. Competitive Landscape Overview7.2. Key Private Sector Companies7.2.1. Avia Saab Technologies Co. Ltd.: overview7.2.2. Avia Saab Technologies Co. Ltd.: Products and services7.2.3. Avia Saab Technologies Co. Ltd.: recent announcements and strategic initiatives7.2.4. Avia Saab Technologies Co. Ltd.: recent contract wins7.2.5. Avia Satcom: overview7.2.6. Avia Satcom: products and services7.2.7. Avia Satcom: Alliances7.2.8. Avia Satcom: recent contract wins
  • 15. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com7.2.9. Infowave (Thailand) Co., Ltd.: Overview7.2.10. Infowave (Thailand) Co., Ltd.: Products and services7.2.11. Infowave (Thailand) Co., Ltd.: Alliances8 Business Environment and Country Risk8.1. Demographics8.1.1. Total Rural population8.1.2. Total urban population8.1.3. Number of households8.2. Economic Performance8.2.1. GDP per capita at constant prices8.2.2. GDP at current prices (US$)8.2.3. Exports of goods and services (current US$ bn)8.2.4. Imports of goods and services (current US$ bn)8.2.5. Gross national disposable income (US$ Bn)8.2.6. Manufacturing Output (US$ Bn)
  • 16. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com8.2.7. Consumer price index8.2.8. Wholesale price index8.2.9. LCU per US$ (period average)8.2.10. LCU per Euro (period average)8.2.11. Lending rate (%)8.2.12. Deposit rate (%)8.2.13. Real Interest rate (%)8.2.14. Market capitalization of listed companies (US$ bn)8.2.15. Market capitalization of listed companies (% of GDP)8.2.16. Total Government cash surplus/deficit (LCU billion)8.2.17. Government cash surplus/deficit as a percentage of GDP (LCU)8.2.18. Central government debt (LCU billion)8.2.19. Central government debt as a percentage of GDP (LCU)8.2.20. Goods exports as a percentage of GDP8.2.21. Goods imports as a percentage of GDP
  • 17. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com8.2.22. Goods balance as a percentage of GDP8.2.23. Services imports as a percentage of GDP8.2.24. Service exports as a percentage of GDP8.2.25. Services balance as a percentage of GDP8.2.26. Foreign direct investment, net (BoP, current US$ billions)8.2.27. Net foreign direct investment as a percentage of GDP8.2.28. International reserves, including gold (US$ billions)8.2.29. External Debt as a percentage of GDP8.3. Energy and utilities8.3.1. Total Conventional Thermal Electricity Net Generation (Billion kWh)8.3.2. Hydroelectricity Net Generation (Billion kWh)8.3.3. Nuclear Electricity Net Generation (Billion kWh)8.3.4. Total Conventional Thermal Electricity Installed Capacity (Million kW)8.3.5. Total Electricity Exports (Million kW)8.3.6. Total Electricity Imports (Million kW)
  • 18. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com8.3.7. Proved Reserves of Natural Gas (Trillion Cubic Feet)8.3.8. Total Petroleum Consumption (Thousand Barrels Per Day)8.3.9. Crude Oil Proved Reserves (Billion Barrels)8.3.10. Total Non-Hydro Renewable Electricity Net Generation (Billion kW)8.4. Infrastructure Quality and Availability8.4.1. Air transport, freight (million ton-km)8.4.2. Overall construction (US$ million)8.5. Mineral8.5.1. Mining, Manufacturing, Utilities Output (USD Bn)8.6. Technology8.6.1. Patents Granted8.7. Telecommunication8.7.1. Telephone lines (in Millions)8.7.2. Telephone lines Penetration Rate (per 100 people)
  • 19. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com9 Appendix9.1. About SDI9.2. Disclaimer
  • 20. For more informationFor more informationReports Cornerwww.reportscorner.comFor more information please visit our websitehttps://www.reportscorner.com/reports/15789/Future-of-the-Thai-Defense-Industry---Market-Attractiveness,-Competitive-Landscape-and-Forecasts-to-2018/
  • 21. Reports CornerThank YouThank Youwww.reportscorner.comRCContact us: contact@reportscorner.com