The Future of the Indonesian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019 published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast Indonesian defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
Key Findings
• The Indonesian defense market, estimated to value US$7.9 billion in 2014, is expected to grow at a CAGR of 17.88% during the forecast period to value US$17.8 billion in 2019
• The country’s increasing military expenditure is reflected in the ongoing modernization drive to replace its aging military hardware along with building its indigenous defense industrial base
• Continuous territorial disputes and the country’s vulnerability to natural disasters have led to the upgrade of military equipment such as military transport aircraft, rescue helicopters, and naval vessels
• Over the forecast period, the country is expected to invest in multi-role aircraft, naval vessels such as submarines, frigates, cyber security, border security, unmanned aerial vehicles, radar systems and computer network defense capabilities, which will drive the growth in its capital expenditure
• Homeland security is an area that has gained prominence in Indonesia over the last decade, with expenditure expected to increase from US$4.1 billion in 2015 to US$6.1 billion in 2019 at a CAGR of 10.02%
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Synopsis
This report offers detailed analysis of the Indonesian 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:
• Indonesian defense industry market