Taiwanese Defense Market: Study Navigating the Future Growth Outlook

A new research document is added in HTF MI database of 80 pages, titled as 'The Taiwanese Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2025' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis and important players/vendors such as Aerospace Industrial Development Corporation, Chung-Shan Institute of Science and Technology, CSBC Corporation, Taiwan etc. The Study will help you gain market insights, upcoming trends and influencing growth prospects for forecast period of 2025.

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Summary

The Taiwanese Defense Market -Attractiveness, Competitive Landscape and Forecasts to 2025 report provides the market size forecast and the projected Compound Annual Growth Rate (CAGR) for the next five years. The report covers the industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for maritime and border security market over the forecast period.

The Taiwanese defense budget valued US$11.9 billion in 2020 and registered a CAGR of 4.63% during the historical period. The country plans to increase its defense expenditure with significant and steady investments in defense procurements. Some of current key defense procurements are 66 F-16V aircraft worth US$8.1 billion and the procurement of 108 M1A2 Abrams tanks and stinger missiles along with other equipment worth US$2.2 billion.

Tensions between the People‘s Republic of China (PRC) and Taiwan have increased since the Pro-independence Democratic Progressive Party came to power in 2016 and Tsai Ing-wen became President of Taiwan. The tensions were escalated further after the reinauguration of Tsai Ing-wen as Taiwanese President in May 2020.

This report offers detailed analysis of the Taiwanese defense market 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.

Key highlights

- Dispute over sovereignty with China and the armed forces mordernization are expected to drive the defense expenditure over the forecast period.
- Aircraft, naval vessels and air defense systems accounted for major share of defense equipemnt imports for Taiwan during 2015-2019.

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Scope

In particular, it provides an in-depth analysis of the following -
- The Taiwanese defense industry market size and drivers: detailed analysis of the Taiwan's defense industry during 2021-2025, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s expenditure and modernization patterns
- Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
- Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
- Market opportunities:list of the top ten defense investment opportunities over the next 5 years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Taiwanese defense industry.

Reasons to Buy

- Determine prospective investment areas based on a detailed trend analysis of the Taiwan defense market over the next five years
- Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the Taiwan market and identify the opportunities offered.
- Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others
- Identify the major threats that are driving the Taiwan defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channelize resources by focusing on the ongoing programs that are being undertaken by the Taiwan government
- Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country.
- The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available

Companies Mentioned in the Report
Aerospace Industrial Development Corporation
Chung-Shan Institute of Science and Technology
CSBC Corporation, Taiwan

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Table of Contents
LIST OF FIGURES
LIST OF TABLES
1. Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. About GlobalData
2. Executive Summary
3. Market Attractiveness and Emerging Opportunities
3.1. Current Market Scenario
3.1.1. Primary Threat Perception
3.1.2. Military Doctrine and Strategy
3.1.3. Procurement Programs
3.1.4. Geopolitical, Social and Economic Scenario
3.1.5. Political and Strategic Alliances
3.2. Defense Market Size Historical and Forecast
3.2.1. Taiwanese defense budget will grow at an estimated CAGR of 2.03% during 2021-2025
3.2.2. Issue of One China anticipated to drive military expenditure
3.2.3. Defense budget as a percentage of GDP will average 1.9% over the forecast period
3.3. Analysis of Defense Budget Allocation
3.3.1. Share of capital expenditure is expected to increase during the forecast period
3.3.2. Capital expenditure is estimated to record a CAGR of 4.22% during the forecast period
3.3.3. Taiwan’s per capita defense expenditure is expected to increase during the forecast period
3.4. Homeland Security Market Size and Forecast
3.4.1. The homeland security market in Taiwan is expected to grow at a CAGR of 13.26% during the forecast period
3.4.2. Human trafficking and illicit drug trade to drive homeland security expenditure
3.5. Benchmarking with Key Global Markets
3.5.1. Taiwanese defense expenditure expected to remain low compared to leading spenders
3.5.2. Taiwan will continue to remain a small contributor in the global arms market
3.5.3. Defense budget as a percen

....Continued

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