Government Spending in Asia-Pacific - Market Summary, Competitive Analysis and Forecast to 2025

The Government Spending in Asia-Pacific 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

The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other.
The Asia-Pacific government spending sector had total revenues of $6,668.8bn in 2020, representing a compound annual growth rate (CAGR) of 7% between 2016 and 2020.
The social protection segment was the sector's most lucrative in 2020, with total revenues of $1,130.3bn, equivalent to 16.9% of the sector's overall value.
The COVID-19 pandemic has caused widespread disruption on a global scale, with nationwide lockdowns enforcing the closure of business and industries across multiple sectors Responding to this global health crisis has placed immense pressure on Asia-Pacific governments, necessitating an increase in spending to support its citizens and its economy. This has accelerated growth in the sector in 2020.

Scope

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

Reasons to Buy

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

Frequently Asked Questions about the Asia-Pacific Government Spending Market

What is the estimated value of the Asia-Pacific Government Spending Market?

The Asia-Pacific Government Spending Market was estimated to be valued at $6668.76 Billion in 2020.

What is the growth rate of the Asia-Pacific Government Spending Market?

The growth rate of the Asia-Pacific Government Spending Market is 5.8%, with an estimated value of $8850.9 Billion by 2025.

What is the forecasted size of the Asia-Pacific Government Spending Market?

The Asia-Pacific Government Spending Market is estimated to be worth $8850.9 Billion by 2025.

Who are the key companies in the Asia-Pacific Government Spending Market?

Key companies in the Asia-Pacific Government Spending Market include Larsen & Toubro Limited, Aviation Industry Corporation of China, Mitsubishi Heavy Industries, Ltd. and GS Engineering & Construction Corp.

Report Attribute	Details
No. of Pages	48
Published	July 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 6668.76 Billion
Forecasted Market Value ( USD ) by 2025	$ 8850.9 Billion
Compound Annual Growth Rate	5.8%
Regions Covered	Asia Pacific

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value 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 leading players follow?
7.3. Have there been any major contracts signed recently?
7.4. How are government policies affecting leading players?

8 Company Profiles

8.1. Larsen & Toubro Limited
8.2. Aviation Industry Corporation of China
8.3. Mitsubishi Heavy Industries, Ltd.
8.4. Housing and Urban Development Corporation Ltd
8.5. GS Engineering & Construction Corp

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: Asia-Pacific government spending sector value: $ billion, 2016-20
Table 2: Asia-Pacific government spending sector category segmentation: $ billion, 2020
Table 3: Asia-Pacific government spending sector geography segmentation: $ billion, 2020
Table 4: Asia-Pacific government spending sector value forecast: $ billion, 2020-25
Table 5: Larsen & Toubro Limited: key facts
Table 6: Larsen & Toubro Limited: Annual Financial Ratios
Table 7: Larsen & Toubro Limited: Key Employees
Table 8: Aviation Industry Corporation of China: key facts
Table 9: Aviation Industry Corporation of China: Key Employees
Table 10: Mitsubishi Heavy Industries, Ltd.: key facts
Table 11: Mitsubishi Heavy Industries, Ltd.: Annual Financial Ratios
Table 12: Mitsubishi Heavy Industries, Ltd.: Key Employees
Table 13: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
Table 14: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
Table 15: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
Table 16: Housing and Urban Development Corporation Ltd: key facts
Table 17: Housing and Urban Development Corporation Ltd: Annual Financial Ratios
Table 18: Housing and Urban Development Corporation Ltd: Key Employees
Table 19: GS Engineering & Construction Corp: key facts
Table 20: GS Engineering & Construction Corp: Annual Financial Ratios
Table 21: GS Engineering & Construction Corp: Key Employees
Table 22: Asia-Pacific exchange rate, 2016-20

List of Figures

Figure 1: Asia-Pacific government spending sector value: $ billion, 2016-20
Figure 2: Asia-Pacific government spending sector category segmentation: % share, by value, 2020
Figure 3: Asia-Pacific government spending sector geography segmentation: % share, by value, 2020
Figure 4: Asia-Pacific government spending sector value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the government spending sector in Asia-Pacific, 2020
Figure 6: Drivers of buyer power in the government spending sector in Asia-Pacific, 2020
Figure 7: Drivers of supplier power in the government spending sector in Asia-Pacific, 2020
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in Asia-Pacific, 2020
Figure 9: Factors influencing the threat of substitutes in the government spending sector in Asia-Pacific, 2020
Figure 10: Drivers of degree of rivalry in the government spending sector in Asia-Pacific, 2020