Albany, NY -- (SBWIRE) -- 07/01/2015 -- The Future of the Thai Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2020, 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.

Key Findings

Over the historic period, Thailand's defense expenditure registered a CAGR of 1.70%; between 2016 and 2020, the defense budget is expected to grow at a CAGR of 3.33%
The country's total defense expenditure during the forecast period is expected to be US$32.8billion
The average share of capital expenditure is expected to be 45.6% over the forecast period, compared to an average share of 44.2% during 2011–2015
Over the forecast period, the country's budget for homeland security is expected to be US$28 billion cumulatively
The key areas of investment are expected to be aircraft, helicopter, armored vehicles, naval vessels, and surveillance equipment

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Synopsis

This report offers detailed analysis of the Thai 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:

Thai defense industry market size and drivers: detailed analysis of the Thai defense industry during 2016–2020, 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 the army, navy, and air force. It also details the key challenges faced by defense market participants within the country
Porter's Five Force analysis of the Thai 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 coming 10 years
Competitive landscape and strategic insights: analysis of the competitive landscape of the Thai defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

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Reasons To Buy

This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Thai 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 country's expected investment pattern 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 Thai defense industry covering sections including demand drivers, Porter's Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts

Table of Contents

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. Thai defense budget expected to increase at a CAGR of 3.33%over the forecast period
3.1.2. Arms race with other Asian countries, border conflicts, modernization of the armed forces, and political volatility to drive Thai defense expenditure
3.1.3. Defense expenditure as a percentage of GDP to average 1.4% over the forecast period
3.2. Analysis of Defense Budget Allocation
3.2.1. Capital expenditure allocation to average 45.6% of the total defense budget over the forecast period
3.2.2. Expenditure on Army to increase at a CAGR of 3.63% over 2016–2020
3.2.3. Air force expenditure to value US$5.9 billion cumulatively over the forecast period
3.2.4. Naval expenditure expected to reach US$1.4 billion by 2020

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