Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018

  • 98 views
Uploaded on

http://www.researchmoz.us/future-of-the-bangladeshi-defense-industry-market-attractiveness-competitive-landscape-and-forecasts-to-2018-report.html …

http://www.researchmoz.us/future-of-the-bangladeshi-defense-industry-market-attractiveness-competitive-landscape-and-forecasts-to-2018-report.html

This report is the result of SDI's extensive market and company research covering the Bangladeshi defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news.The Future of the Bangladeshi 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 market share in the Bangladeshi defense industry.

More in: Business , Technology
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
98
On Slideshare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
1
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 Product Synopsis This report is the result of SDI's extensive market and company research covering the Bangladeshi defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news. Introduction and Landscape Why was the report written? The Future of the Bangladeshi 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 market share in the Bangladeshi defense industry. What is the current market landscape and what is changing? After decades of independence from Pakistan, Bangladesh remains an emerging market-based economy, and intends to concentrate significantly upon economic, social, and human development in order to transform itself into a prosperous country over the upcoming decades. To protect its national integrity, and maintain internal and external stability, the government apportioned an average of 1.4% of its GDP for defense purposes over the review period, a cumulative figure of US$8.2 billion. During the forecast period, the defense budget is expected to be US$11.1 billion and increase at a CAGR of 6.95%.As Bangladesh has just two state-controlled defense equipment manufacturing units, the country has no other option but to import military hardware from foreign defense operators. In this regard, China holds the leading position as the arms exporter of Bangladesh, primarily due to the dynamics and diplomatic relations shared between the two governments. Bangladesh is expected to embark upon an arms procurement program in the future years that will also lead the government to enter into contracts and orders with other nations. What are the key drivers behind recent market changes? Certain factors pertaining to the security of Bangladesh are expected to drive the nation's defense expenditure in the coming years. These include the risk of attacks from internal and external terrorist groups and border conflicts with the Algeria and Spain. Additionally, ammunition modernization initiatives will be an area of focus for military expenditure over the forecast period. What makes this report unique and essential to read? The Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas. Key Features and Benefits The report provides detailed analysis of the current industry size and growth expectations from 2014to 2018, including highlights of key growth stimulators, and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas. The report includes trend analysis of imports and exports, together with their implications and impact on the Bangladeshi defense industry. The report covers five forces analysis to identify various power centers in the industry and how these Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
  • 2. are expected to develop in the future. The report allows readers to identify possible ways to enter the market, together with detailed descriptions of how existing companies have entered the market, including key contracts, alliances, and strategic initiatives. The report helps the reader to understand the competitive landscape of the defense industry in Bangladesh. 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. Key Market Issues During the forecast period Bangladesh is expected to invest US$11.1 billion in its armed forces, of which US$2.7 billion is forecast to be on the acquisition of military hardware, offering foreign OEMs limited opportunities to cater to the Bangladeshi defense industry. Although the allocation is higher than that of the review period, when it was US$2.2 billion, the budget still remains highly inadequate for the procurement of high-tech defense equipment. Furthermore, the country is expected to focus more on developing its economic conditions and bring in more wealth and prosperity for its people in the coming years. These factors do not make the Bangladeshi defense market an attractive investment destination for foreign companies. According to Transparency International's Corruption Perceptions Index 2012, Bangladesh is classified as a highly corrupt country. Failure on the part of parliament and legislature to exercise adequate control over the proceedings of the defense sector, led it to face a high level of corruption. Incidents of malpractice within Bangladesh's military industrial base may limit the growth of the country's defense sector. In addition to damaging the country's image in the global arms market, it also discourages foreign OEMs from market entry. Although a number of laws including the Anti-Corruption Commission Act and Money Laundering Act have been implemented in Bangladesh to prevent corruption within the nation, it has not brought forth large-scale positive changes to date. Key Highlights Every country, including Bangladesh, aims to have a prudent and skilled Army, Navy, and Air Force for which a modern military base is essential. To protect the nation from internal and external aggression, as well as to establish and maintain peace within the nation, it is necessary to procure modern and high-tech arms, ammunitions and war-equipment that will enhance the combat capabilities of the armed forces. Furthermore, an efficient military unit also requires necessary training related to the advanced warfare techniques and have a well-connected and secured communication network. To achieve this goal, in 2010 the Bangladeshi government outlined a 10-year modernization program for its armed forces that is expected to value around US$490 million, and will see expenditure on the purchase of foreign military hardware, as well as the development of indigenous ordinance production. While the government intends to bring in more tanks and armored vehicles for the Army, the Air Force is expected to receive helicopters, air defense systems, air-to-air missiles, surface-to-air missiles and radars. Procurement for the Navy will include maritime patrol aircraft and patrol crafts. Drug smuggling is a growing national concern for Bangladesh. Due to its strategic geographical location of being the central point of the 'golden triangle' (Myanmar, Thailand and Laos) and the 'golden crescent' (Pakistan, Afghanistan and Iran), the country serves as a transit route with easy land, sea, and air access. Furthermore, the country's hilly northern and eastern sides, and sea on the southern side make it suitable for illicit drug trafficking. In addition to this, the Bangladeshi Department of Narcotics Control (DNC) has identified around 45-50 points along the borders that are being shared with the two neighboring countries - India and Myanmar through which drugs are smuggled in and out of the country. To combat the threat, in October 2012, Bangladesh and India agreed to share actionable intelligence and implement a coordinated strategy to curb contraband activities across the international borders. The two countries will Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
  • 3. conduct extensive training programs for the officers working in the arena of drug trafficking as well as exchange resource persons associated with such programs. The government is also working on tightening security along the Bangladesh-Burma border where Border Guard Bangladesh confiscated Yabba tablets at Dum Dum Meah check-post in May 2013. In October, Rapid Action Battalion - the anti-crime elite force of Bangladesh - arrested 10 people including seven Chinese nationals and three Bangladeshis, in Dhaka on charges of narcotics smuggling. In this respect, the country is expected to procure equipment such as surveillance and detection systems, scanning machines, and alarms. The Bangladeshi defense industry is highly dependent on foreign suppliers to satisfy the demand for military modernization. Underdeveloped domestic defense capabilities, in addition to internal and external security threats, require the nation to import military hardware. As a result, the country has so far been unable to export defense equipment. In comparison with arms imported during the review period, the country's arms equipment imports are estimated to increase as the government's defense equipment modernization plans are put into action. Throughout the review period, China emerged as the largest supplier of defense equipment to Bangladesh, while armored vehicles accounted for the majority of imports. During the forecast period, the demand for aircraft will remain high, while the import of air defense systems is expected to increase. table Of Content 1 Introduction 1.1. What Is This Report About? 1.2. Definitions 1.3. Summary Methodology 1.4. Sdi Terrorism Index 1.5. About Strategic Defence Intelligence 2 Executive Summary 3 Market Attractiveness And Emerging Opportunities 3.1. Defense Market Size Historical And Forecast 3.1.1. Bangladeshi Defense Budget To Grow At A Cagr Of 6.95% Over The Forecast Period 3.1.2. Military Modernization And Peacekeeping Missions Are Expected To Drive Defense Expenditure Over The Forecast Period 3.1.3. Bangladeshi Defense Expenditure As A Percentage Of Gdp Set To Decrease Over The Forecast Period 3.2. Analysis Of Defense Budget Allocation 3.2.1. Share Of Capital Expenditure Expected To Increase Over Forecast Period 3.2.2. Need To Replace Obsolete Equipment To Drive Defense Capital Expenditure 3.2.3. The Army Accounts For The Majority Share Of Defense Expenditure 3.2.4. The Country Is Expected To Invest Us$5.7 Billion In Its Army During The Forecast Period 3.2.5. Air Force Defense Budget Projected To Grow At A Cagr Of 7.93% During The Forecast Period 3.2.6. Navy Expenditure Expected To Register Cagr Of 7.97% During The Forecast Period Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
  • 4. 3.2.7. Per Capita Defense Expenditure Expected To Increase Over The Forecast Period 3.3. Homeland Security Market Size And Forecast 3.3.1. Bangladeshi Homeland Security Expected To Grow Over The Forecast Period 3.3.2. Efforts To Combat Drug Smuggling And Human Trafficking Are Expected To Trigger Bangladeshi Homeland Security Expenditure In The Coming Years 3.3.3. Bangladesh Falls Under The “some Risk” Category 3.4. Benchmarking With Key Global Markets 3.4.1. Bangladeshi Defense Budget Expected To Increase At A Cagr Of 6.95% Over The Forecast Period 3.4.2. Bangladeshi Military Expenditure Remains Very Low Compared To Countries With The Largest Defense Expenditure 3.4.3. Compared To Countries With Leading Defense Expenditure, The Country Allocates A Low Percentage Of Its Gdp Towards Defense 3.4.4. Bangladesh Has A Moderate Per-capita Defense Expenditure 3.4.5. Bangladesh Faces Some Threat From Terrorist Organizations 3.5. Market Opportunities: Key Trends And Growth Stimulators 3.5.1. Patrolling Crafts Are Forecast To Experience An Increase In Demand 3.5.2. Demand For Aircraft Expected To Surge During The Forecast Period 3.5.3. Demand For Helicopters To Mount In The Coming Years 4 Defense Procurement Market Dynamics 4.1. Import Market Dynamics 4.1.1. Defense Imports Are Expected To Increase Over The Period 2014-2018 4.1.2. Weapons Manufactured In China Composed Majority Of Imports For Bangladesh 4.1.3. Armored Vehicles And Ships Dominated Military Hardware Imports 4.2. Export Market Dynamics 4.2.1. The Country Exported Negligible Defense Goods During 2008-2012 5 Industry Dynamics 5.1. Five Forces Analysis 5.1.1. Bargaining Power Of Supplier: Medium To High 5.1.2. Bargaining Power Of Buyer: Low To Medium 5.1.3. Barrier To Entry: Medium 5.1.4. Intensity Of Rivalry: Medium To High 5.1.5. Threat Of Substitution: Medium To High 6 Market Entry Strategy 6.1. Market Regulation 6.1.1. Bangladesh Does Not Disclose Any Offset Obligations Imposed By The Country 6.1.2. Foreign Direct Investment (fdi) In The Defense Sector Not Disclosed By The Government 6.2. Market Entry Route Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
  • 5. 6.2.1. Equipment Manufacturers Enter The Market Through Government-to-government Deals 6.2.2. Joint Venture And License Manufacturing Agreements Provide An Attractive Market Entry Route 6.3. Key Challenges 6.3.1. Limited Defense Budget Deters Investors From Market Entry 6.3.2. Corruption Hinders Growth Of The Bangladeshi Defense Sector 6.3.3. Chinese Companies Dominate The Market, Creating A Challenge For Other Foreign Firms 7 Competitive Landscape And Strategic Insights 7.1. Competitive Landscape Overview 7.2. Key Companies 7.2.1. Bangladesh Ordnance Factories: Overview 7.2.2. Bangladesh Ordnance Factories: Products 7.2.3. Bangladesh Machine Tools Factory (bmtf) Ltd: Overview 7.2.4. Bangladesh Machine Tools Factory: Products 7.2.5. Agustawestland: Overview 7.2.6. Agustawestland: Products 7.2.7. Agustawestland: Recent Contract Wins 7.2.8. Eurocopter: Overview 7.2.9. Eurocopter: Products 7.2.10. Eurocopter: Recent Contract Wins 8 Business Environment And Country Risk 8.1. Demographics And Social Statistics 8.1.1. Population - Rural 8.1.2. Population - Urban 8.1.3. Population - Number Of Households 8.2. Economic Performance 8.2.1. Gross Domestic Per Capita 8.2.2. Gross Domestic Product, Current Us$ 8.2.3. Exports Of Goods And Services 8.2.4. Imports Of Goods And Services 8.2.5. Gross National Disposable Income 8.2.6. Manufacturing Output 8.2.7. Consumer Price Index 8.2.8. Local Currency Unit Per Us$ 8.2.9. Local Currency Unit Per Euro 8.2.10. Lending Rate (%) 8.2.11. Deposit Rate (%) 8.2.12. Real Interest Rate (%) 8.2.13. Market Capitalization Of Listed Companies 8.2.14. Market Capitalization Of Listed Companies As A % Of Gdp Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
  • 6. 8.2.15. Total Government Cash Surplus/deficit (lcu Bn) 8.2.16. Government Cash Surplus/deficit As % Of Gdp (lcu) 8.2.17. Goods Exports As A % Of Gdp 8.2.18. Goods Imports As A % Of Gdp 8.2.19. Goods Trade Surplus/deficit As A % Of Gdp 8.2.20. Services Imports As A % Of Gdp 8.2.21. Services Exports As A % Of Gdp 8.2.22. Services Surplus/deficit As A % Of Gdp 8.2.23. Net Foreign Direct Investment 8.2.24. Net Fdi As A % Of Gdp 8.2.25. International Reserves, Including Gold 8.3. Energy And Utilities 8.3.1. Total Conventional Thermal Electricity Net Generation 8.3.2. Hydroelectricity Net Generation 8.3.3. Total Conventional Thermal Electricity Installed Capacity 8.3.4. Proved Reserves Of Natural Gas (trillion Cubic Feet) 8.3.5. Total Petroleum Consumption 8.3.6. Crude Oil Proved Reserves (billion Barrels) 8.3.7. Total Non-hydro Renewable Electricity Net Generation (billion Kilowatts) 8.4. Infrastructure Quality And Availability 8.4.1. Rail Lines (total Route-km) 8.5. Minerals 8.5.1. Mining, Manufacturing, Utilities Output 8.6. Telecommunication 8.6.1. Telephone Lines 8.6.2. Telephone Lines Penetration Rate 9 Appendix 9.1. About Sdi 9.2. Disclaimer ResearchMoz(http://www.researchmoz.us/) is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price. Contact: M/s Sheela, 90 State Street, Suite 700, Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
  • 7. Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-997-4948 Email: sales@researchmoz.us Website: http://www.researchmoz.us/ Future of the Bangladeshi Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018