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Defense Spending in Turkey - Market Summary, Competitive Analysis and Forecast to 2025

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    Report

  • 42 Pages
  • September 2021
  • Region: Turkey
  • MarketLine
  • ID: 5503166
Defense Spending in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.



Key Highlights


  • Defense spending covers capital items, military personnel, government defense agencies, and related expenditure on defense and peacekeeping. The value of the market is taken to include both current and capital expenditure on the armed forces, including funding contributions to peacekeeping forces, such as the United Nations Peacekeeping Forces, defense ministries and other government agencies engaged in defense projects, paramilitary forces (when judged to be trained and equipped for military operations) and military space activities. Expenditure on personnel (including salaries and social services of both military and civil personnel, and retirement pensions of military personnel), procurement, research and development, infrastructure spending, military aid (taken as expenditure by the donor country) and general operations and maintenance are also included. Note that current expenditure on previous military activity such as veterans' benefits, weapon destruction, demobilization, and defense conversion are all excluded, as is expenditure on civil defense.
  • The Turkish defense spending market had total budget allocation of $12.7bn in 2020, representing a compound annual growth rate (CAGR) of 22.4% between 2016 and 2020.
  • Market consumption volumes declined with a CARC of -1.4% between 2016 and 2020, to reach a total of 364,300 active serving personnel in 2020.
  • The growth has come largely due to President Erdogan’s push to increase Turkey’s involvement in global conflicts. Turkey have become involved in conflicts in Libya and Syria, while deploying commandos in Iraq and warships in Greek waters.

Scope


  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the defense spending market in Turkey
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the defense spending market in Turkey
  • Leading company profiles reveal details of key defense spending market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Turkey defense spending market with five year forecasts

Reasons to Buy


  • What was the size of the Turkey defense spending market by value in 2020?
  • What will be the size of the Turkey defense spending market in 2025?
  • What factors are affecting the strength of competition in the Turkey defense spending market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Turkey's defense spending market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What was the rationale behind recent M&A activity?
7.4. Have there been any significant contract wins in recent years?
8 Company Profiles
8.1. Airbus SE.
8.2. Aselsan AS
8.3. Roketsan Roket Sanayii ve Ticaret A.S.
8.4. Turkish Aerospace Industries Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: Turkey defense spending market value: $ million, 2016-20
Table 2: Turkey defense spending market volume: active serving personnel, 2016-20
Table 3: Turkey defense spending market category segmentation: $ million, 2020
Table 4: Turkey defense spending market geography segmentation: $ million, 2020
Table 5: Turkey defense spending market value forecast: $ million, 2020-25
Table 6: Turkey defense spending market volume forecast: active serving personnel, 2020-25
Table 7: Airbus SE.: key facts
Table 8: Airbus SE.: Annual Financial Ratios
Table 9: Airbus SE.: Key Employees
Table 10: Airbus SE.: Key Employees Continued
Table 11: Airbus SE.: Key Employees Continued
Table 12: Aselsan AS: key facts
Table 13: Aselsan AS: Annual Financial Ratios
Table 14: Aselsan AS: Key Employees
Table 15: Roketsan Roket Sanayii ve Ticaret A.S.: key facts
Table 16: Roketsan Roket Sanayii ve Ticaret A.S.: Key Employees
Table 17: Turkish Aerospace Industries Inc: key facts
Table 18: Turkish Aerospace Industries Inc: Key Employees
Table 19: Turkey size of population (million), 2016-20
Table 20: Turkey gdp (constant 2005 prices, $ billion), 2016-20
Table 21: Turkey gdp (current prices, $ billion), 2016-20
Table 22: Turkey inflation, 2016-20
Table 23: Turkey consumer price index (absolute), 2016-20
Table 24: Turkey exchange rate, 2016-20
List of Figures
Figure 1: Turkey defense spending market value: $ million, 2016-20
Figure 2: Turkey defense spending market volume: active serving personnel, 2016-20
Figure 3: Turkey defense spending market category segmentation: % share, by value, 2020
Figure 4: Turkey defense spending market geography segmentation: % share, by value, 2020
Figure 5: Turkey defense spending market value forecast: $ million, 2020-25
Figure 6: Turkey defense spending market volume forecast: active serving personnel, 2020-25
Figure 7: Forces driving competition in the defense spending market in Turkey, 2020
Figure 8: Drivers of buyer power in the defense spending market in Turkey, 2020
Figure 9: Drivers of supplier power in the defense spending market in Turkey, 2020
Figure 10: Factors influencing the likelihood of new entrants in the defense spending market in Turkey, 2020
Figure 11: Factors influencing the threat of substitutes in the defense spending market in Turkey, 2020
Figure 12: Drivers of degree of rivalry in the defense spending market in Turkey, 2020

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Airbus SE.
  • Aselsan AS
  • Roketsan Roket Sanayii ve Ticaret A.S.
  • Turkish Aerospace Industries Inc

Table Information