Future of the Thailand Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2021

MarketResearchReports.biz has recently announced the addition of a market study “ Future of the Thailand Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2021 , is a comparative analysis of the global market.

The Future of the Thailand Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2021, 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 developments.

Key Findings

Over the historic period, Thailand’s defense expenditure registered growth of 1.19%, increasing from US$5.5billion in 2012 to US$5.7 billion in 2016

Thailand’s military expenditure, estimated to value US$5.9 billion in 2017, is expected to increase marginally to reach US$6.9 billion by 2021, registering a CAGR of 4.06% over the forecast period

Thailand’s military expenditure will be driven by the modernization of its armed forces, the arms race in ASEAN countries, rising political disturbance, and border disputes

The Defense Ministry is expected to procure main battle tanks, submarines, and transport aircraft


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:

Thailand defense industry market size and drivers: detailed analysis of the Thai defense industry during 2017–2021, 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

Download The sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/786600

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 Thailand defense industry: analysis of 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: Competitive landscape analysis 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

Reasons To Buy

This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Thailand 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 Thailand 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- Future of the Thailand Defense Industry

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. Thailand’s defense budget is expected to surge at a CAGR of 4.06% over the forecast period

3.1.2. Increase in arms race with other Asian countries, border conflicts, modernization of the armed forces, and political volatility 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. Average capital expenditure over the forecast period will be 45.2% of the total defense budget

3.2.2. Expenditure on Army to increase at a CAGR of 3.98% over 2017-2021

3.2.3. Air Force expenditure is expected to increase over the forecast period

3.2.4. Naval expenditure is expected to reach US$1.4billion by 2021

3.2.5. The average expenditure on support services is expected to be US$4.1 billion during the forecast period (2017-2021)

3.2.6. Per capita defense expenditure is expected to increase during the forecast period

3.3. Homeland Security Market Size and Forecast

3.3.1. Homeland security expenditure is expected to grow at a CAGR of 5.33% over the forecast period

3.3.2. Rise in terrorist attacks and maritime security issues to drive Thai homeland security expenditure

3.3.3. Thailand faces a high level of threat from foreign terrorist organizations

3.3.4. Thailand has a terrorism index score of 7.3

3.3.5. Thailand faces major threat from various terrorist organizations

3.4. Benchmarking with Key Global Markets

3.4.1. Thai defense expenditure is expected to increase at a slower rate than other Asian countries over the forecast period

3.4.2. Thai defense expenditure is relatively smaller than other Asian countries

3.4.3. Thailand’s defense budget as a percentage of GDP is expected to remain the same over the forecast period…

3.5. Market Opportunities: Key Trends and Growth Stimulators

3.5.1. Military IT- Networking

3.5.2. Main Battle Tank (MBT)

3.5.3. Diesel electric submarine

4 Defense Procurement Market Dynamics

4.1. Import Market Dynamics

4.1.1. Thailand’s defense imports are expected to increase over the forecast period

4.1.2. Sweden and Ukraine to remain the key arms suppliers to Thailand

4.1.3. Aircraft and armored vehicles dominated the arms imports of Thailand

4.2. Export Market Dynamics

4.2.1. No defense exports for Thailand

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