Future of the Vietnam Defense Industry - Industrial Trend and Market Demand - Attractiveness, Competitive Landscape and Forecasts to 2022

"Future of the Vietnam Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.

Description-

The Future of the Vietnamese Defense Industry Market Attractiveness, Competitive Landscape and Forecasts to 2022, published by Strategic Defence Intelligence, 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.

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** Synopsis
This report offers detailed analysis of the Vietnamese 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.

** In particular, it provides an in-depth analysis of the following 
The Vietnamese defense industry market size and drivers: detailed analysis of the Vietnamese defense industry during 2018-2022, 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
Porter’s Five Force analysis of the Vietnamese defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry 
Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years 
Market opportunities: details of the top five defense investment opportunities over the next 10 years
Competitive landscape and strategic insights: analysis of the competitive landscape of the Vietnamese defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

** Scope
The Vietnamese Government allocated US$5 billion towards military expenditure in 2017, of which 32.7% is earmarked for the procurement of defense equipment. The country’s defense expenditure increased at a CAGR of 6.41% over 2013-2017. The growing strength of the Chinese Navy and its assertiveness with regards to territorial claims in the South China Sea has forced the Vietnamese Government to enhance its military capabilities. In addition, the country is in the process of addressing its limitations with respect to combating modern threat scenarios with its existing obsolete equipment, and has embarked on military modernization plans over the last few years. These plans are expected to pick up pace over the forecast period and increase Vietnam’s defense expenditure.
Between 2013 and 2017,Vietnam allocated an average of 32.3% of its defense budget to capital expenditure and the remainder to revenue expenditure. The share of capital expenditure in the overall defense budget is predicted to marginally increase to an average of 33.6% over the forecast period, predominantly due to Vietnam’s planned military modernization initiatives and procurement programs. Vietnam cumulatively spent US$7.4 billion on defense equipment, while US$15.4 billion was assigned for revenue expenditure during the analysis period.
The MoD is expected to invest in fighter and multi-role aircraft, naval vessels, patrol ships, maritime patrol aircraft, and surveillance equipment.

** Reasons to buy
This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Vietnamese defense industry market trends for the coming five years
The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period
Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins, and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector
A deep qualitative analysis of the Vietnamese defense industry covering sections including demand drivers, Porter’s Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts

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This release was published on openPR.