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

  • ID: 5503375
  • Report
  • September 2021
  • Region: Asia Pacific
  • 60 Pages
  • MarketLine
1h Free Analyst Time
1h Free Analyst Time

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FEATURED COMPANIES

  • BAE Systems Inc
  • Hindustan Aeronautics Ltd
  • The Boeing Company
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Defense 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


  • 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 Asia-Pacific defense spending market had total budget allocation of $497.8bn in 2020, representing a compound annual growth rate (CAGR) of 4.8% between 2016 and 2020.
  • Market consumption volumes declined with a compound annual rate of change (CARC) of -1.1% between 2016 and 2020, to reach a total of 7.2 million active serving personnel in 2020.
  • Economic growth has facilitated spending on defense, which has been further driven by geopolitical instability in the region.

Scope


  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the defense spending market in Asia-Pacific
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the defense spending market in Asia-Pacific
  • 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 Asia-Pacific defense spending market with five year forecasts

Reasons to Buy


  • What was the size of the Asia-Pacific defense spending market by value in 2020?
  • What will be the size of the Asia-Pacific defense spending market in 2025?
  • What factors are affecting the strength of competition in the Asia-Pacific defense spending market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Asia-Pacific's defense spending market?
Frequently Asked Questions about the Defense Spending Market in Asia-Pacific

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

The Defense Spending Market in Asia-Pacific was estimated to be valued at $497.8 Billion in 2020.

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

The growth rate of the Defense Spending Market in Asia-Pacific is 6.3%, with an estimated value of $676.2 Billion by 2025.

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

The Defense Spending Market in Asia-Pacific is estimated to be worth $676.2 Billion by 2025.

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

Key companies in the Defense Spending Market in Asia-Pacific include AviChina Industry & Technology Co., Ltd., Hindustan Aeronautics Ltd, BAE Systems Inc, Kawasaki Heavy Industries, Ltd. and The Boeing Company.

FEATURED COMPANIES

  • BAE Systems Inc
  • Hindustan Aeronautics Ltd
  • The Boeing Company

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 is the rationale for the recent strategic partnerships/M&A activity?
7.4. Have there been any significant contract wins in recent years?
7.5. Are there any trends impacting the market?
8 Company Profiles
8.1. AviChina Industry & Technology Co., Ltd.
8.2. Hindustan Aeronautics Ltd
8.3. BAE Systems Inc
8.4. Kawasaki Heavy Industries, Ltd.
8.5. Mitsubishi Heavy Industries, Ltd.
8.6. The Boeing Company
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 defense spending market value: $ billion, 2016-20
Table 2: Asia-Pacific defense spending market volume: thousand active serving personnel, 2016-20
Table 3: Asia-Pacific defense spending market category segmentation: $ billion, 2020
Table 4: Asia-Pacific defense spending market geography segmentation: $ billion, 2020
Table 5: Asia-Pacific defense spending market value forecast: $ billion, 2020-25
Table 6: Asia-Pacific defense spending market volume forecast: thousand active serving personnel, 2020-25
Table 7: AviChina Industry & Technology Co., Ltd.: key facts
Table 8: AviChina Industry & Technology Co., Ltd.: Annual Financial Ratios
Table 9: AviChina Industry & Technology Co., Ltd.: Key Employees
Table 10: Hindustan Aeronautics Ltd: key facts
Table 11: Hindustan Aeronautics Ltd: Annual Financial Ratios
Table 12: Hindustan Aeronautics Ltd: Key Employees
Table 13: BAE Systems Inc: key facts
Table 14: BAE Systems Inc: Key Employees
Table 15: BAE Systems Inc: Key Employees Continued
Table 16: Kawasaki Heavy Industries, Ltd.: key facts
Table 17: Kawasaki Heavy Industries, Ltd.: Annual Financial Ratios
Table 18: Kawasaki Heavy Industries, Ltd.: Key Employees
Table 19: Kawasaki Heavy Industries, Ltd.: Key Employees Continued
Table 20: Mitsubishi Heavy Industries, Ltd.: key facts
Table 21: Mitsubishi Heavy Industries, Ltd.: Annual Financial Ratios
Table 22: Mitsubishi Heavy Industries, Ltd.: Key Employees
Table 23: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
Table 24: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
Table 25: Mitsubishi Heavy Industries, Ltd.: Key Employees Continued
Table 26: The Boeing Company: key facts
Table 27: The Boeing Company: Annual Financial Ratios
Table 28: The Boeing Company: Key Employees
Table 29: The Boeing Company: Key Employees Continued
Table 30: The Boeing Company: Key Employees Continued
Table 31: The Boeing Company: Key Employees Continued
Table 32: Asia-Pacific exchange rate, 2016-20
List of Figures
Figure 1: Asia-Pacific defense spending market value: $ billion, 2016-20
Figure 2: Asia-Pacific defense spending market volume: thousand active serving personnel, 2016-20
Figure 3: Asia-Pacific defense spending market category segmentation: % share, by value, 2020
Figure 4: Asia-Pacific defense spending market geography segmentation: % share, by value, 2020
Figure 5: Asia-Pacific defense spending market value forecast: $ billion, 2020-25
Figure 6: Asia-Pacific defense spending market volume forecast: thousand active serving personnel, 2020-25
Figure 7: Forces driving competition in the defense spending market in Asia-Pacific, 2020
Figure 8: Drivers of buyer power in the defense spending market in Asia-Pacific, 2020
Figure 9: Drivers of supplier power in the defense spending market in Asia-Pacific, 2020
Figure 10: Factors influencing the likelihood of new entrants in the defense spending market in Asia-Pacific, 2020
Figure 11: Factors influencing the threat of substitutes in the defense spending market in Asia-Pacific, 2020
Figure 12: Drivers of degree of rivalry in the defense spending market in Asia-Pacific, 2020

A selection of companies mentioned in this report includes:

  • AviChina Industry & Technology Co., Ltd.
  • Hindustan Aeronautics Ltd
  • BAE Systems Inc
  • Kawasaki Heavy Industries, Ltd.
  • Mitsubishi Heavy Industries, Ltd.
  • The Boeing Company