Free Submission Public Relations &
Deutsch English

South East Asia Defense Market Opportunity Analysis

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

Print article Print article
2014-04-22 21:37:03 - South East Asia Defense Market Opportunity Analysis - a new market research report on

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: ..

Browse all Defence Market Research Reports ..

Browse all Defence Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us 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,’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.

Mike King
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases 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 contents contained in this release.
Latest News
Read the Latest News


Terms & Conditions | Privacy | About us | Contact