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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.

Key Findings
- Over the historic period, defense expenditure registered a growth rate of 1.58%, increasing from US$9.6 billion in 2011 to US$10.3 billion in 2015
- Military expenditure, valued at US$10.3 billion in 2015, is expected to increase to US$11.1 billion by 2020, registering a CAGR of 1.88% over the period 2016-2020
- Military expenditure will be driven by PRC's assertiveness with regards to territorial claims and the need to modernize Taiwan's armed forces, to deter PRC from invading the country
- The Defense Ministry is expected to procure corvettes, submarines, air-to-surface missiles, and upgrades for multi-role aircraft

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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.

Table Of Content Of Taiwanese Defense Market:

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. Defense expenditure estimated to grow at a CAGR of 1.88% during the forecast period
3.1.2. Issue of One China and military modernization to drive military expenditure
3.1.3. Defense expenditure as a percentage of GDP is expected to decrease over the forecast period
3.2. Analysis of Defense Budget Allocation
3.2.1. Share of capital expenditure in the overall defense budget expected to increase
3.2.2. Taiwan's capital expenditure expected to grow at a CAGR of 3.96% during the forecast period
3.2.3. Revenue expenditure expected to increase over the forecast period
3.2.4. Per capita defense expenditure expected to increase over the forecast period
3.3. Homeland Security Market Size and Forecast
3.3.1. Homeland security expenditure expected to grow at a CAGR of 2.90% during the forecast period
3.3.2. Human trafficking and illicit drugs trade to drive homeland security expenditure

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