Market Opportunities and Strategies of Vietnamese Defense Industry Market to 2017

Nov. 6, 2012 - PRLog -- This report is the result of SDI’s extensive market and company research covering the Vietnamese 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 Vietnamese Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017” 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 Vietnamese defense industry.

The report provides a detailed analysis of the current industry size and growth expectations from 2013 to 2017, 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. Moreover it provides in-depth trend analysis of imports and exports, together with their implications and impact on the Vietnamese defense industry.

Vietnamese defense expenditure, which is estimated to beUS$3 billion in 2013, registered a CAGR of 15.12% during the review period 2008-2012 and is expected to grow at a CAGR of 13.44% during the forecast period 2013-2017 to reach an estimated US$4.9 billion in 2017. Territorial dispute and acquisition of advanced defense systems is expected to drive military spending in Vietnam. Vietnam is expected to spend US$6 billion on the acquisition of weapons systems during the forecast period. Factors such as territorial claims in the South China Sea, Chinese naval build-up and the acquisition of modern military hardware systems to replace outdated and aging equipment are anticipated to drive the country’s military spending. China has greatly increased its naval capability during the review period by acquiring new submarines and surface vessels.

Reasons to buy

- Understand the historical performance of the Vietnamese defense industry as well as future industry projections.
- Gain an insight into the key challenges and opportunities identified by influential suppliers and buyers, enabling industry stakeholders to understand the business sentiment prevailing in the industry.
- Promote your capacity for growth by aligning your capabilities and business practices with the changing needs of the Vietnamese market.
- Predict how the Vietnamese defense industry will grow, consolidate, and where it will stagnate.
- Gain access to primary survey research conducted by Strategic Defence Intelligence across its B2B panels comprised of senior purchase decision makers and leading supplier organizations.

About Strategic Defence Intelligence  

Strategic Defence Intelligence's unique monitoring platform tracks global defence activity for over 2,500 companies and 65 product categories in real time and in a highly structured manner, giving a comprehensive and easily-searchable picture of all defence industry activity. The site features: daily updated analysis, comment and news, company and customer profiles, defence spending, tenders and contracts, product and technology intelligence, a research and analysis database providing access to industry and competitor reports to enable business and market planning, and fully customizable tools, including instant personalized report generation and custom alerts.

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