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Turkish Defense Market 2016: Industry Review, Research, Statistics, and Growth to 2020 Marketing Articles | July 31 Cheap 12th Fan Jersey , 2016
Market Research Report on Turkish Defense ?Market 2016 is a professional and in-depth complete study on the current state of the Turkish Defense ?worldwide.
The Turkish defense market will be driven by the country's tensed relation with Greece, threats by the Kurdish Workers Party (PKK), participation in the peacekeeping missions, and the reduction in foreign dependency for military equipment. Also the capital expenditure allocation is anticipated to average 30.2% of the total defense budget during 2016-2020 and procurement of defense equipment are expected to be in the areas of multi-role aircraft, missile defense systems Cheap Shaquem Griffin Jersey , corvettes, and main battle tanks (MBT's).
Key Findings - During 2011-2015, Turkish defense expenditure registered a growth rate of -3.70%, decreasing from US$14.1 billion in 2011 to US$12.2 billion in 2015
- Military expenditure is anticipated to register a CAGR of 5.33% during 2016-2020, to value US$16.1 billion in 2020
- A strained relationship with Greece Cheap Russell Wilson Jersey , instability within the region, peacekeeping missions, and a reduction in foreign dependency for military equipment is expected to drive defense expenditure over the forecast period
- Demand for equipment is mainly expected to revolve around multi-role aircraft, missile defense systems, corvettes Cheap Chris Carson Jersey , and main battle tanks (MBT's) during 2016-2020
Strategic Defense Intelligence's report - Future of the Turkish Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020 offers detailed analysis of the industry with market size forecasts from 2016-2020. This report will also analyze factors that influence demand in the industry, key market trends, and challenges faced by industry participants.
In particular, it provides an in-depth analysis of the following:
- Defense industry market size and drivers: detailed analysis of the defense industry during 2016-2020 Cheap Ugo Amadi Jersey , including highlights of the demand drivers and growth stimulators. 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 the army, navy, and air force. It also details the key challenges faced by defense market participants within the country
- Porter's Five Force analysis of the defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, buyers, threat of substitution Cheap Phil Haynes Jersey , intensity of rivalry, and barriers to entry
- 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 from 2015 to 2025
1 Introduction 1.1. What is this Report About? 1.2. Definitions 1.3. Summary Methodology 1.4. SDI Research Terrorism Index 1.5. About Strategic Defense Intelligence