Today: February 11, 2016, 1:35 am
  
Finance

South East Asia defence market: Increased budgets between 2013-2018

companiesandmarkets.com
companiesandmarkets.com
South East Asia Defense Market Opportunity Analysis - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-22 21:37:03
Countries in the South East Asian region have begun to overcome the economic downturn and are increasing their defence spending to keep pace with their economic growth. While there has been increasing economic development it has been accompanied by greater geo-political instability in the region.While a few countries have stepped up their arms procurement programs to equip their forces, this has spurred a parallel push from other countries in the region to keep pace and to act as a deterrent. These driving factors have seen increase in military modernization programs and the purchase of UAVs, armoured vehicles, ships and aircrafts by many nations. This will pave the way for greater defence allocations and budgets and continued growth in the market for defence products for the period until 2018.Almost every country in South-East Asia has a defence procurement program and this makes it one of the fastest-growing defence markets in the world. While greater details are provided elsewhere in this report the general trend has been that countries in this region have been adding to their sophisticated arsenal, modernizing and upgrading their equipment and arming themselves to avoid border disputes, regional security threats and as a deterrent.South East Asian countries have been shopping around for the best price, technology and the need to be not tied to one or a small group of suppliers. Vietnam procuring from India, France and other European nations, apart from its ´regular ally´ Russia while Philippines buys from its regular partner US and other nations such as South Korea, Japan and Russia and the region´s largest nation Indonesia buys from South Korea, China, Russia and the US.

Click for report details: www.companiesandmarkets.com/Market/Defence/Market-Research/South ..

Browse all Defence Market Research Reports www.companiesandmarkets.com/Market/Defence/Market-Research?aCode ..

Browse all Defence Company Profile Reports www.companiesandmarkets.com/Market/Defence/Company-Profile?aCode ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 480 Words
Related Articles
 
More From Finance
Arizona Real Estate Stats 2015
COMMENTARY by Tom Ruff of The Information Market Permission is granted only to ARMLS® Subscribers for reproduction with attribution [..]
Investing.co.uk Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source Investing.co.uk has announced that it will now be offering the [..]
Credit-Yogi.com Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.