Sunday, March 17, 2013

China’s defense expenditure over the forecast period, which is estimated to grow at a CAGR of 11.9%.

The Chinese defense industry is controlled by the government, and restrictions on private and foreign companies dampen the competition in the industry. A lack of competition diminishes the need for innovation in defense equipment and related technology advancement. Barring a few industrial enterprises, the majority of organizations fail to compete with each other, which impedes the development of China’s modern indigenous defense industry as there is no incentive for companies to innovate. Furthermore, some of China’s industrial–defense enterprises form business relationships based on long-standing political ties with regions and provinces. As a result, the country fails to gain access to technological innovations and advancements in foreign countries.
A major obstacle to investment in the Chinese defense industry is the arms embargo imposed by the US and other European countries, following the 1989 Tiananmen Square massacre. During the review period, some European states have proposed the lift of the arms ban, but the US and Japan have opposed this proposal due to fears that it will enable China to enhance its military capabilities. As a result, China’s defense industry is unable to acquire sophisticated military hardware from the US or Western European countries, and this hampers the development of its military–industrial complex.

To Know More -  China’s defense expenditure over the forecast period, which is estimated to grow at a CAGR of 11.9%.

Thursday, March 7, 2013

The Indian defense equipment markets in the world, the country is expected to spend US$119.3 billion

The Future of the Indian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain a market share in the Indian defense industry. The Indian defense market offers numerous market opportunities to both domestic and foreign manufacturers. As one of the largest defense equipment markets in the world, the country is expected to spend US$119.3 billion on capital acquisition alone during the forecast period.

Wednesday, March 6, 2013

Brazilian defence market in 2012 will reach $35.88bn

Over the past decade, Brazil has become one of the largest emerging economic powers in the world, leading to ambitious investment and modernisation plans being developed for the Brazilian armed forces. In order to counter threats to the country's borders and its large scale land and sea natural resources, alongside the need to increase security preparations for major international events, Brazil has continued to invest in upgrading its full range of military capabilities. In addition, a desire to grow a strong defence industry in order to boost the economy's export output and to demonstrate its geo-political power has fuelled such spending, despite concerns over the inherent restrictions of an emerging market and a recent slowdown in Brazil's overall economic output. has therefore determined that the value of the Brazilian defence market in 2012 will reach $35.88bn.