Taiwanese Defense Market 2016: Global Industry Insights, Statistics, Study and forecasts to 2020
Global Market Research Report on Taiwanese Defense Market 2016 is a professional and in-depth complete study on the current state of the Taiwanese Defense worldwide.
Strategic Defense Intelligence's - Future of Taiwanese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020 offers detailed analysis of industry with market size forecasts for the period 2016-2020 is done. Also, analysis of factors that influence demand for the industry, key market trends, and challenges faced by industry participants is covered.
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The People's Republic of China's (PRC) assertiveness with regard to territorial claims and the rapid modernization of the country's armed forces in recent years are major factors that are expected to drive Taiwan's military expenditure. The country is expected to remain committed to making steady increases to its national defense budget in tandem with its economic growth. The country's allocation towards procurement of weapons is expected to increase considerably over the period 2016-2020 which can be attributed to its decision to modernize armed forces. The nation's domestic defense capabilities are largely underdeveloped, as a result of which a large number of foreign suppliers have entered the market by directly selling arms.
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities
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