Turkey Defense Market Research Report - Market Attractiveness, Competitive Landscape and Forecasts 2022: Aarkstore
The Future of
Turkey 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.
Scope
- Turkish defense expenditure stands at
US$10.6 billion in 2017, and registered a compound annual growth rate (CAGR) of
-7.49% during the historic period. The country’s strained relationship with
Greece, persistent threats from the Kurdish Workers Party (PKK), active
participation in peacekeeping missions, and the reduction in foreign dependency
for military equipment procurement drove defense expenditure during the
historic period.. As a percentage of GDP, the country’s defense expenditure
will average 1.3% over the forecast period compared to an average of 1.4%
recorded during the historic period.
- The capital expenditure allocation, which
stood at an average of 26.1% during the historic period, is projected to
slightly decrease to an average of 24.1% over the forecast period. This is
primarily due to the procurement of advanced defense equipment and a focus on
increasing the capabilities of the country’s indigenous defense industry.
Various procurements that are expected to fuel the growth of capital spending
over the forecast period include multi-role aircraft, missile defense systems,
corvettes, and main battle tanks (MBTs). Consequently, the remaining budget
will be allocated to revenue expenditure, which constitutes personnel salaries,
development programs for military personnel, and training.
- The MoD is expected to invest in fighters
and Multi-role aircraft, Main Battle Tanks (MBT) and frigates.
Reasons to buy
- This report will give the user confidence to
make the correct business decisions based on a detailed analysis of Turkey
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 Turkey
defense industry covering sections including demand drivers, Porter’s Five
Forces Analysis, Key Trends and Growth Stimulators, and latest industry
contracts
To view Full Report: Turkey
Defense Industry Market Forecast 2022
In
particular, it provides an in-depth analysis of the following -
- Turkey defense industry market size and
drivers: detailed analysis of Turkey 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. It also details the key challenges faced by
defense market participants within the country
- Porter’s Five Force analysis of Turkey
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 Turkey defense industry. It
provides an overview of key players, together with insights such as key
alliances, strategic initiatives, and a brief financial analysis
Get Sample Request @ Turkey Defense Industry Market
Forecast 2022
Table of Content
1.
Introduction
2. Executive Summary
3. Market Attractiveness and Emerging
Opportunities
4. Defense Procurement Market Dynamics
5. Industry Dynamics
6. Market Entry Strategy
7. Competitive Landscape and Strategic
Insights
8. Business Environment and Country Risk
9. Appendix
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