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Defense Expenditure in Taiwan to 2015 - Market Sizing and Forecasts: Market Profile Product Image

Defense Expenditure in Taiwan to 2015 - Market Sizing and Forecasts: Market Profile

  • ID: 1923258
  • September 2011
  • Region: Taiwan
  • 107 pages
  • iCD Research

Synopsis
- Top level overview of the Taiwanese defense industry
- A breakdown of the Taiwanese defense industry by spend pattern valued from 2006 through 2010 and forecasted from 2011 through 2015
- A breakdown of the markets by segments valued from 2006 through 2010 and forecasted from 2011 through 2015
- Emerging trends and opportunities in the Taiwanese defense industry in the last 12 months

Summary
This report offers insights into the market opportunities and entry strategies adopted by foreign OEMs (original equipment manufacturers) to gain a market share in the Taiwanese defense industry. In particular, it offers in-depth analysis of the following:

- Market opportunity and attractiveness: detailed analysis of the current industry size and growth expectations during 2011–2015, including details of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.

- Industry structure: five forces analysis to identify various power centers in the industry and how these are likely to develop in the future.

- Market entry strategy: analysis READ MORE >



1 Introduction
1.1 About this Report
1.2 Definitions
1.3 Methodology
1.3.1 Secondary research
1.3.2 Primary research
1.3.3 Conventions
1.4 ICD Research Terrorism Index
1.5 About ICD Research Defense Intelligence Center
1.6 About Strategic Defence Intelligence
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities
3.1 Defense Market Size and Forecast
3.1.1 Defense expenditure projected to grow at a CAGR of 7.77% during the forecast period
3.1.2 Strained relations with China and acquisition of advanced defense systems to drive military spending
3.1.3 Military expenditure as a percentage of GDP expected to increase during 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 12.79% during the forecast period
3.2.3 Tawian expected to spend US$52.3 billion on revenue expenses over the forecast period
3.2.4 Defense expenditure likely to correspond with national economic growth
3.3 Homeland Security Market Size and Forecast
3.3.1 Homeland security expenditure expected to grow at a CAGR of 11.95% during 2011-2015
3.3.2 Human trafficking, drugs trade and maritime security to drive homeland security spending
3.3.3 Taiwan faces minimal threat from foreign terrorist organizations
3.4 Benchmarking with Key Global Markets
3.4.1 Taiwanese defense expenditure expected to remain modest compared to leading spenders
3.4.2 The country will continue to be a small player in the global arms market
3.4.3 Taiwan's defense expenditure as a percentage of GDP higher than some leading defense spenders
3.4.4 Taiwan has a moderate per-capita defense expenditure
3.4.5 Taiwan faces negligible threat from foreign terrorist organizations
3.5 Market Opportunities: Key Trends and Growth Stimulators
3.5.1 Missile defense systems will witness a surge in demand
3.5.2 Demand for aircraft expected to increase
3.5.3 The country is expected to invest in attack helicopters
3.5.4 Investment in naval defense systems is anticipated to increase
4 Defense Procurement Market Dynamics
4.1.1 Limited domestic defense capabilities drives the country's defense imports
4.1.2 Defense imports are not expected to increase during the forecast period
4.1.3 The US is a significant defense trade partner of the country
4.1.4 Ships accounted for the majority of defense imports during the review period
4.2 Export Market Dynamics
4.2.1 The country has been unable to access the global defense market
5 Market Entry Strategy
5.1 Market Regulation
5.1.1 Government encourages offsets to develop the domestic defense industrial base
5.2 Market Entry Route
5.2.1 Foreign equipment manufacturers enter the market through direct commercial sales
5.2.2 Foreign OEMs enter the market by partnering with a domestic defense firm
5.2.3 Biennial defense exhibition provides an attractive entry route
5.3 Key Challenges
5.3.1 Defense budget cuts lead to cancellation and project delays
5.3.2 Lack of sales agents and stringent regulations restrict domestic defense industry growth
5.3.3 Corruption and lack of transparency impedes the growth of Taiwan's defense industry
6 Business Environment and Country Risk
6.1 Business Confidence
6.1.1 Market capitalization trend - Taiwan stock exchange,
6.1.2 FDI inflows by sector
6.1.3 Deployment of credit by sector
6.2 Economic Performance
6.2.1 GDP at constant prices (US dollars)
6.2.2 GDP per capita at constant prices (US dollars)
6.2.3 GDP at current prices (US dollars)
6.2.4 GDP per capita at current prices (US dollars)
6.2.5 GDP split by key segments
6.2.6 Agriculture net output at current prices (TWD billion)
6.2.7 Agriculture net output at current prices (US dollars)
6.2.8 Agriculture net output at current prices as percentage of GDP
6.2.9 Manufacturing net output at current prices (TWD billion)
6.2.10 Manufacturing net output at current prices (US dollars)
6.2.11 Manufacturing net output at current prices as percentage of GDP
6.2.12 Mining, manufacturing and utilities net output at current prices (TWD billion)
6.2.13 Mining, manufacturing and utilities at current prices (US dollars)
6.2.14 Mining, manufacturing and utilities at current prices, as percentage of GDP
6.2.15 Construction net output at current prices (TWD billion)
6.2.16 Construction net output at current prices, (US dollars)
6.2.17 Construction net output at current prices as a percentage of GDP
6.2.18 Crude steel production
6.2.19 Crude oil consumption
6.2.20 Inflation rate
6.2.21 Fiscal balance as a percentage of GDP
6.2.22 Current account balance as a percentage of GDP
6.2.23 Exports as a percentage of GDP
6.2.24 Imports as a percentage of GDP
6.2.25 Exports growth
6.2.26 Imports growth
6.2.27 External debt as a percentage of GDP
6.2.28 Annual average exchange rate US$-TWD
6.2.29 End-of-period exchange rate US$-TWD
6.3 Infrastructure Quality and Availability
6.3.1 Total airports and sea ports
6.3.2 Railways and roadways
6.3.3 Total installed capacity for electricity generation
6.3.4 Installed capacity for the generation of conventional thermal electricity
6.3.5 Electricity production
6.3.6 Installed capacity for hydroelectricity generation
6.3.7 Installed capacity for renewable electricity generation
6.3.8 Electricity consumption
6.3.9 Healthcare expenditure
6.3.10 Healthcare expenditure as percentage of GDP
6.3.11 Healthcare expenditure per capita
6.3.12 Total internet users
6.3.13 Broadband internet subscribers
6.3.14 Mobile phone penetration rate
6.4 Labor Force
6.4.1 Labor force
6.4.2 Unemployment rate
6.5 Demographics
6.5.1 Annual disposable income
6.5.2 Annual per-capita disposable income
6.5.3 Annual consumer expenditure on food
6.5.4 Annual per-capita consumer expenditure on food
6.5.5 Total population
6.5.6 Female percentage of population
6.5.7 Male percentage of population
6.5.8 Mean age of population
6.5.9 Median age of population
6.5.10 Population density
6.5.11 Age distribution of the total population
6.5.12 Age distribution of the male population
6.5.13 Age distribution of the female population
6.6 Political and Social Risk
6.6.1 Political stability
6.6.2 Terrorism index
6.6.3 Transparency index
7 Appendix
7.1 Contact Us
7.2 About ICD Research
7.3 Disclaimer

List of Tables
Table 1: ICD Research Intelligence Terrorism Index
Table 2: Defense Offset Regulations in Taiwan

List of Figures
Figure 1: Taiwanese Defense Market Size (US$ billion), 2006-2015
Figure 2: Taiwanese Defense Expenditure as a Percentage of GDP (%), 2006-2015
Figure 3: Taiwanese Defense Budget Allocation for Capital and Revenue Expenditure (%), 2006-2015
Figure 4: Taiwanese Capital Budget Allocation (US$ billion), 2006-2015
Figure 5: Taiwanese Revenue Budget Allocation, (US$ Billion) 2006-2015
Figure 6: Taiwanese Defense Expenditure Growth and GDP Growth, 2006-2015
Figure 7: Taiwanese Homeland Security Budget (US$ Billion), 2006-2015
Figure 8: ICD Research Terrorism Heat Map, 2010
Figure 9: ICD Research Defense Terrorism Index, 2010
Figure 10: Benchmarking with Key Global Markets: Historical vs. Expected Defense Budget Growth (%), 2006-2015
Figure 11: Defense Expenditure of Countries with the Largest Defense Expenditure (US$ Billion), 2010 and 2015
Figure 12: Defense Spending as a Percentage of GDP of Countries with the Largest Defense Expenditures (%), 2010
Figure 13: Per-Capita Defense Expenditures of the Largest Military Spenders in the World (US$), 2010
Figure 14: Taiwanese Defense Import Trend, 2006-2010 (TIV values)
Figure 15: Taiwanese Defense Imports by Country (%), 2006-2010 and 2010
Figure 16: Taiwanese Defense Imports by Category (%), 2006-2010
Figure 17: Taiwanese Exchange Market Capitalization (US$ Billion), 2003-2009
Figure 18: Taiwanese FDI Inflows (US$ Billion), 2003-2009
Figure 19: Taiwanese Deployment of Credit by Sector (US$ Billion), 2003-2009
Figure 20: Taiwanese GDP at Constant Prices (US$ Billion), 2003-2015
Figure 21: Taiwanese GDP Per Capita at Constant Prices (US$), 2003-2015
Figure 22: Taiwanese GDP at Current Prices (US$ Billion), 2003-2015
Figure 23: Taiwanese GDP Per Capita at Current Prices (US$), 2003-2015
Figure 24: Taiwanese GDP Split by Key Segments (%) 2003 and 2009
Figure 25: Taiwanese Agriculture Net Output at Current Prices (TWD Billion), 2003-2015
Figure 26: Taiwanese Agriculture Net Output at Current Prices (US$ Billion), 2003-2015
Figure 27: Taiwanese Agriculture Net Output at Current Prices as a Percentage of GDP (%), 2003-2015
Figure 28: Taiwanese Manufacturing Net Output at Current Prices (TWD Billion), 2003-2015
Figure 29: Taiwanese Manufacturing Net Output at Current Prices (US$ Billion), 2003-2015
Figure 30: Taiwanese Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2003-2015
Figure 31: Taiwanese Mining, Manufacturing and Utilities Net Output at Current Prices (TWD Billion), 2003-2015
Figure 32: Taiwanese Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2003-2015
Figure 33: Taiwanese Mining, Manufacturing and Utilities Net Output at Current Prices as a Percentage of GDP (%), 2003-2015
Figure 34: Taiwanese Construction Net Output at Current Prices (TWD Billion), 2003-2015
Figure 35: Taiwanese Construction Net Output at Current Prices (US$ Billion), 2003-2015
Figure 36: Taiwanese Construction Output at Current Prices as a Percentage of GDP (%), 2003-2015
Figure 37: Taiwanese Crude Steel Production (Million Metric Tons), 2003-2015
Figure 38: Taiwanese Crude Oil Consumption (Million Tons), 2003-2015
Figure 39: Taiwanese Inflation Rate (%), 2003-2015
Figure 40: Taiwanese Fiscal Balance as a Percentage of GDP(%), 2003-2009
Figure 41: Taiwanese Current Account Balance as a Percentage of GDP (%), 2003-2009
Figure 42: Taiwanese Exports as a Percentage of GDP (%), 2003-2015
Figure 43: Taiwanese Imports as a Percentage of GDP (%), 2003-2015
Figure 44: Taiwanese Exports Growth (%), 2003-2015
Figure 45: Taiwanese Imports Growth (%), 2003-2015
Figure 46: Taiwanese External Debt as a Percentage of GDP (%), 2003-2009
Figure 47: Taiwanese Annual Average Exchange Rate US$-TWD 2003-2009
Figure 48: Taiwanese End-of-Period Exchange Rate US$-TWD 2003-2009
Figure 49: Taiwanese Airports and Sea Ports (Number of), 2009
Figure 50: Taiwanese Railways and Roadways (Kilometers), 2009
Figure 51: Taiwanese Total Installed Capacity for Electricity Generation (Million Kilowatts), 2003-2015
Figure 52: Taiwanese Installed Capacity for the Generation of Conventional Thermal Electricity (Million Kilowatts),
Figure 53: Taiwanese Electricity Production (Billion Kilowatt Hours), 2003-2015
Figure 54: Taiwanese Installed Capacity for the Generation of Hydroelectricity (Million Kilowatts), 2003-2015
Figure 55: Taiwanese Installed Capacity for the Generation of Renewable Electricity (Million Kilowatts), 2003-2015
Figure 56: Taiwanese Electricity Consumption (Billion Kilowatt Hours), 2003-2015
Figure 57: Taiwanese Healthcare Expenditure (US$ Billion), 2003-2015
Figure 58: Taiwanese Healthcare Expenditure as a Percentage of GDP (%), 2003-2015
Figure 59: Taiwanese Per-Capita Healthcare Expenditure (US$), 2003-2015
Figure 60: Taiwanese Internet Users (Million), 2003-2015
Figure 61: Taiwanese Broadband Internet Subscriptions (Million), 2003-2015
Figure 62: Taiwanese Mobile Phone Penetration (%), 2003-2015
Figure 63: Taiwanese Size of Labor Force in 15-59 Age Group (Million), 2003-2015
Figure 64: Taiwanese Unemployment Rate (%), 2003-2015
Figure 65: Taiwanese Annual Disposable Income (US$ Billion), 2003-2015
Figure 66: Taiwanese Annual Per-Capita Disposable Income (US$), 2003-2015
Figure 67: Taiwanese Consumer Expenditure on Food (US$ Billion), 2003-2015
Figure 68: Taiwanese Annual Per-Capita Consumer Expenditure on Food (US$), 2003-2015
Figure 69: Taiwanese Total Population (Million), 2003-2015
Figure 70: Taiwanese Females as a Percentage of Population (%), 2003-2015
Figure 71: Taiwanese Males as a Percentage of Population (%), 2003-2015
Figure 72: Taiwanese Mean Age of Population (Years), 2003-2015
Figure 73: Taiwanese Median Age of Population (Years), 2003-2015
Figure 74: Taiwanese Population Density (per Square Kilometer), 2003-2015
Figure 75: Taiwanese Population Distribution by Age (%), 2003-2015
Figure 76: Taiwanese Male Population Distribution by Age (%), 2003-2015
Figure 77: Taiwanese Female Population Distribution by Age (%), 2003-2015
Figure 78: Global Terrorism Heat Map, 2010
Figure 79: Taiwanese Transparency Index, 2003-2009

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