2013-12-08 18:21:19 - Recently published research from Strategic Defence Intelligence, "Future of the Kazakh Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018", is now available at Fast Market Research
This report is the result of SDI's extensive market and company research covering the Kazakh defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news.
Introduction and Landscape
Why was the report written?
The Future of the Kazakh 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 market share in the Kazakh defense industry.
What is the current market landscape and what is changing?
As one of the emerging powers in Central Asia, Kazakhstan displays a strong potential for growth compared to its
neighboring nations. While the country invested US$9.2 billion cumulatively over the period 2009-2013, the defense budget is expected to increase to US$15.3 billion cumulatively in the forecast period. This growth is stimulated by the government's initiatives to procure new defense systems and combat the rising threat of domestic terrorism. Per-capita defense expenditure is expected to grow during the forecast period from US$157.1 in 2014 to US$206.3 in 2018The capital expenditure budget is forecast to increase from US$1.0 billion in 2014 to US$1.4 billion in 2018, recording a CAGR of 8.88%, due to the government's modernization plans. The country's budget for homeland security is also projected to increase over the forecast period, driven by increasing threats from human trafficking, drug smuggling, and internal security. Demand for equipment over the forecast period is mainly expected to revolve around multi-role helicopters, corvettes and small patrol boats, air defense systems, and transport armored vehicles.
Full Report Details at
- www.fastmr.com/prod/754320_future_of_the_kazakh_defense_industry ..
What are the key drivers behind recent market changes?
Certain factors pertaining to the security of Kazakhstan are expected to drive the defense expenditure of the nation in the coming years. These include the risk of attacks from internal and external terrorist groups, and border conflicts with the Algeria and Spain. Additionally, ammunition modernization initiatives will be an area of focus for military expenditure over the forecast period.
What makes this report unique and essential to read?
The Future of the Kazakh Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
Key Features and Benefits
The report provides detailed analysis of the current industry size and growth expectations from 2014to 2018, including highlights of key growth stimulators, and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
The report includes trend analysis of imports and exports, together with their implications and impact on the Kazakh defense industry.
The report covers five forces analysis to identify various power centers in the industry and how these are expected to develop in the future.
The report allows readers to identify possible ways to enter the market, together with detailed descriptions of how existing companies have entered the market, including key contracts, alliances, and strategic initiatives.
The report helps the reader to understand the competitive landscape of the defense industry in Kazakhstan. It provides an overview of key defense companies, both domestic and foreign, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.
Key Market Issues
Corruption and bribery have heavily bruised all sectors of business activity in Kazakhstan, including that of the defense industry. According to Transparency International's Corruption Perceptions Index 2012, Kazakhstan is classified as a highly corrupt country. Corruption has manifested itself in various forms ranging from bureaucratic and political affairs and misappropriation of public resources to fraud transactions related to state assets. Unaccountability and secretive and opaque contract dealings have aggravated the level of corruption within the sector.
Following its segregation from the Soviet Union in the early 1990s, Kazakhstan remains dependent on Russia for its arms and ammunitions. The country shares close business relations with the Russian government and this is expected to continue over the forecast period. However, since 2002, Kazakhstan started establishing trade relations with countries in the European Union (EU) based on the Partnership and Cooperation Agreement (PCA) that provides the basis for co-operation for industrial and technological agreements. Therefore, as long as these relationships persist, Russia and certain European countries are set to dominate the Kazakh defense market in the forecast period; creating an obstacle for the suppliers of US and Chinese territories.
About Strategic Defence Intelligence
Strategic Defence Intelligence provides a stream of continuously updated customer and competitor intelligence, as well as detailed research reports providing an unrivalled source of global information on the latest developments in the defence industry. View more research from Strategic Defence Intelligence at www.fastmr.com/catalog/publishers.aspx?pubid=1040
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