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Future of the Uzbek Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023

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  • 50 Pages
  • December 2018
  • Region: Uzbekistan
  • GlobalData
  • ID: 4726760
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Future of the Uzbek Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023


"Future of the Uzbek Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023" 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.

This report offers detailed analysis of the Uzbek defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

In particular, it provides an in-depth analysis of the following -
  • The defense industry market size and drivers: detailed analysis of the Uzbek defense industry during 2019-2023, 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 with respect to capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country

  • 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

  • Competitive landscape and strategic insights: analysis of the competitive landscape of the Uzbek defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

  • Uzbekistan’s armed forces stand among one of the strongest in Central Asia.

  • However, the budget for Uzbekistan’s armed forces, which consist of ground forces and air forces, decreased from US$2.3 billion in 2014 to US$1.6 billion in 2018; at a CAGR of -9.53% owing to severe devaluation of its currency against USD.

  • Otherwise, in local currency, defense budget grew by CAGR 23.74% over same period.

  • Uzbekistan has no formal navy as it is a land locked country.

Reasons to Buy
  • This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Uzbek 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 the Uzbek defense industry covering sections including demand drivers, Key Trends and Growth Stimulators, and latest industry contracts.

Table of Contents

1. Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. About
2. Executive Summary
3. Market Attractiveness and Emerging Opportunities
3.1. Current Market Scenario
3.1.1. Procurement Programs
3.1.2. Key Drivers and Challenges
3.2. Defense Market Size Historical and Forecast
3.2.1. Uzbek defense budget to grow at a forecast-period CAGR of 15.09%
3.2.2. Modernization and acquisition of military equipment and counter-terrorism to drive Uzbekistan’s defense expenditure
3.2.3. Defense budget as a percentage of GDP to remain at an average of 4.6% over the forecast period
3.3. Analysis of Defense Budget Allocation
3.3.1. Share of capital expenditure will increase over the forecast period
3.3.2. Capital expenditure is anticipated to record a forecast-period CAGR of 15.12%
3.3.3. Per capita defense expenditure to rise over the forecast period
3.4. Homeland Security Market Size and Forecast
3.4.1. Human trafficking and drug smuggling form the major components of homeland security expenditure
3.4.2. Uzbekistan falls under the “some risk” category in the terrorism index
3.4.3. Uzbekistan faces moderate threats from terrorist organizations
3.4.4. Uzbekistan has a terrorism index score of 0.1
3.5. Benchmarking with Key Global Markets
3.5.1. Uzbekistan’s defense budget expected to increase over the forecast period
3.5.2. Uzbekistan’s military expenditure is less compared to countries with the largest defense expenditures
3.5.3. The defense budget as a percentage of GDP to decline over the forecast period
4. Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Limited domestic defense capabilities to drive the country’s defense imports
4.1.2. France, Spain and US are the major suppliers for the Uzbekistan
4.1.3. Aircrafts and armored vehicles accounted for 95% of defense imports
4.2. Export Market Dynamics
4.2.1. Uzbekistan has very limited scope for exports of arms due to an underdeveloped domestic arms industry
5. Market Entry strategy
5.1. Market Regulation
5.1.1. Uzbekistan does not disclose any offset obligations imposed by the country
5.1.2. Foreign direct investment (FDI) in defense sector not disclosed by the government
5.2. Market Entry Route
5.2.1. Budgeting process
5.2.2. Procurement Policy and Process
5.2.3. Government-to-government agreements are the preferred market entry route for foreign OEMs
5.2.4. Joint venture and license manufacturing agreements provide an attractive market entry route
6. Competitive Landscape and Strategic Insights
6.1. Competitive landscape Overview
7. Business Environment and Country Risk
7.1. Economic Performance
7.1.1. GDP per capita at constant prices (US$)
7.1.2. GDP at current prices (US$)
7.1.3. Exports of goods and services
7.1.4. Imports of goods and services
7.1.5. LCU per US$ (period average)
7.1.6. Mining, manufacturing, utilities output (LCU Billion)
8. Appendix
8.1. About
8.2. Disclaimer
List of Tables
Table 1: Uzbek Ground Forces Strength
Table 2: Uzbek Air Force Strength
Table 3: Uzbek Ongoing Development and Procurement Programs (US$ Million)
Table 4: Uzbek Future Procurement Programs
Table 5: Uzbek Defense Expenditure (UZS Trillion and US$ Billion), 2014-2023
Table 6: Uzbek GDP Growth and Defense Expenditure as Percentage of GDP Growth (%), 2014-2023
Table 7: Uzbek Defense Budget Split Between Capital and Revenue Expenditure (%), 2014-2023
Table 8: Uzbek Defense Capital Expenditure (UZS Trillion & US$ Billion), 2014-2023
Table 9: Uzbek Per Capita Defense Expenditure (US$), 2014-2023
Table 10: Terrorism Index
Table 11: Benchmarking with Key Markets - 2014-2018 vs. 2019-2023
Table 12: Uzbek Budget process
Table 13: Uzbek - Competitive Landscape of Defense Industry, 2018
List of Figures
Figure 1: Uzbek Defense Expenditure (UZS Trillion), 2014-2023
Figure 2: Uzbek Defense Expenditure (US$ Billion), 2014-2023
Figure 3: Uzbek GDP Growth and Defense Expenditure as Percentage of GDP Growth (%), 2014-2023
Figure 4: Uzbek Defense Budget Split Between Capital and Revenue Expenditure (%), 2014-2023
Figure 5: Uzbek Defense Capital Expenditure (UZS Trillion), 2014-2023
Figure 6: Uzbek Defense Capital Expenditure (US$ Billion), 2014-2023
Figure 7: Uzbek Per Capita Defense Expenditure (US$), 2014-2023
Figure 8: Terrorism Heat Map, 2018
Figure 9: Terrorism Index, 2018
Figure 10: Uzbekistan- Benchmarked Against Key Markets (%), 2014-2018 vs. 2019-2023
Figure 11: Defense Expenditure of the World’s Largest Military Spenders (US$ Billion), 2018 and 2023
Figure 12: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2018
Figure 13: Uzbek Defense Imports (US$ Million), 2013-2017 (TIV values*)
Figure 14: Uzbek Defense Imports by Country (%), 2013-2017
Figure 15: Uzbek Defense Imports by Category (%), 2013-2017
Figure 16: Uzbek - GDP Per Capita at Constant Prices (US$), 2015-2025
Figure 17: Uzbek - GDP at Current Prices (US$ Billion), 2015-2025
Figure 18: Uzbek - Exports of Goods and Services (LCU Billion), 2005-2014
Figure 19: Uzbek - Imports of Goods and Services (LCU Billion), 2005-2014
Figure 20: Uzbek - LCU per US$, 2015-2024
Figure 21: Uzbek - Mining, Manufacturing, Utilities Output (LCU Billion), 2005-2014

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Airbus

  • Uralvagonzavod

  • United Aircraft Corporation

  • Russian Aircraft Corporation MiG