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The Philippine Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2025Speak directly to the analyst to clarify any post sales queries you may have.
Summary
The Philippine Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2025 report provides the market size forecast and the projected Compound Annual Growth Rate (CAGR) for the next five years. The report covers the industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for maritime and border security market over the forecast period.
The Philippines’ defense expenditure recorded a CAGR of 8.21% over the historic-period and stood at US$3.8 billion in 2020.Territorial claims in the South China Sea and the increasing strength and assertiveness of the Chinese armed forces have spurred the Philippine government to enhance its military capabilities. In order to achieve this, the Philippine government has approved the Horizon II program under which the Philippines Department of National Defense is expected to spend US$5.6 billion during 2018-2022 on the procurement of military hardware and the modernization of armed forces of the country.
Internal and external threats to the Philippines include the rise of terrorism, tensions in the South China Sea, and the illicit drug trade. Due to these factors, the Philippines is expected to increase its military and homeland security expenditure over the forecast period.
Defence Startup's, Original Equipment Manufacturers (OEMs), Defence Planners, Aerospace and Defence Integrators, Venture Capital Firms, Government Agencies, Head of Marketing, Head of Sales, CEOs and Senior Executives.
The concerned stakeholders can utilize the report to identify high growth segments and customize their offerings to match the project requirements.
The Venture Capital Firms can utilize the project details, growth rate, and market size to identify and fund high potential startups.
This report offers detailed analysis of the Philippine defense market 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 Philippine defense industry market size and drivers: detailed analysis of the India's defense industry during 2021-2025, 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:list of the top ten defense investment opportunities over the next 5 years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Philippine defense industry.
Scope
- The Philippinesan defense market is expected to grow at a CAGR of 9.41% over the forecast period.
- The Philippine defense market has three major sectors: Infrastructure Construction, Airborne C4ISR, Multi-role Aircraft.
- Air and Naval forces modernization is expected to be key objective of the Philippines Horizon II program.
Reasons to Buy
- Determine prospective investment areas based on a detailed trend analysis of the Philippine defense market over the next five years
- Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the Philippine market and identify the opportunities offered.
- Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others
- Identify the major threats that are driving the Philippine defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channelize resources by focusing on the ongoing programs that are being undertaken by the Philippine government
- Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available
Table of Contents
1. Introduction
3. Market Attractiveness and Emerging Opportunities
4. Defense Procurement Market Dynamics
5. Industry Dynamics
6. Competitive landscape and Strategic Insights
7. Business Environment and Country Risk
8. Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Raytheon
- United Defense Manufacturing Corporation
- Leonardo
- Remington Arms Company LLC
- ELTA Systems Ltd
