The Thai Defense Industry-Market Opportunities and Entry Strategies Analyses and Forecasts to 2017
|
|
- Ethan Shaw
- 7 years ago
- Views:
Transcription
1 The Thai Defense Industry-Market Opportunities and Entry Strategies Analyses and Forecasts to 2017 John Carpenter House, 7 Carmelite Street, London EC4Y 0BS, United Kingdom, Tel: +44 (0)
2 TABLE OF CONTENTS 1. Introduction What is this Report About? Definitions Summary Methodology SDI Terrorism Index About Strategic Defence Intelligence () Executive Summary Market Attractiveness and Emerging Opportunities Defense Market Size Historical and Forecast Thai defense expenditure expected to increase at a CAGR of % during the forecast period Modernization initiatives, security threats, an arms race with neighboring countries, and border disputes are expected to drive defense spending Military spending as a percentage of GDP is expected to increase over the forecast period Analysis of Defense Budget Allocation The share of capital expenditure in the overall defense budget is expected to increase during the forecast period The army accounts for the largest share of defense expenditure The country is expected to spend US$ billion on its army over the forecast period Naval budget projected to grow at a CAGR of % during the forecast period Air force budget expected to be US$ billion by Thailand to spend US$ billion on support services over the forecast period Homeland Security Market Size and Forecast Homeland security (HLS) expenditure expected to grow at a CAGR of % during HLS expenditure to be driven by the country s efforts to counter security threats and civil unrest Thailand faces a high level of threat from foreign terrorist organizations Benchmarking with Key Global Markets Thai defense expenditure is expected to remain modest during the forecast period Thailand has a low per capita defense expenditure Thailand faces a high level of threat from foreign terrorist organizations Market Opportunities: Key Trends and Growth Stimulators Demand for naval defense equipment expected to increase Modernization of the armed forces will create demand for advanced defense systems Demand for land-based defense systems expected to increase Potential demand for frigates and its MRO services Defense Procurement Market Dynamics
3 Undeveloped domestic defense industry drives imports Defense imports expected to increase during the forecast period Sweden and Ukraine dominated Thai defense imports during Aircraft accounted for a majority of defense imports during Export Market Dynamics Thailand has limited export capabilities Industry Dynamics Five Forces Analysis Bargaining power of supplier: low Bargaining power of buyer: high Barrier to entry: low to medium Intensity of rivalry: high Threat of substitution: high Market Entry Strategy Market Regulation Offsets are mandatory for all procurements exceeding US$9.5 million The Thai defense sector is partially regulated Market Entry Route Biennial defense exhibition provides an attractive entry route Foreign equipment manufacturers enter the market through direct commercial sales Foreign defense organizations venture into the market by partnering with a domestic defense firm Key Challenges Corruption and a lack of transparency impedes the growth of Thailand s defense industry Presence of indirect offset hampers the growth of the domestic defense sector Competitive Landscape and Strategic Insights Competitive Landscape Overview Key Domestic Companies Avia Saab Technologies Co. Ltd.: overview Avia Saab Technologies Co. Ltd.: products Avia Saab Technologies Co. Ltd: recent announcements and strategic initiatives Avia Saab Technologies Co. Ltd.: recent contract wins Avia Saab Technologies: financial analysis Avia Satcom: overview Avia Satcom: products and services Avia Satcom: alliances Avia Satcom: recent contract wins Infowave (Thailand) Co. Ltd.: overview
4 Infowave (Thailand) Co. Ltd.: defense products and services Infowave (Thailand) Co., Ltd.: alliances Business Environment and Country Risk Demographics & Social Statistics Population Female Population - Male Economic Performance Business Confidence index Construction Output, Current Prices, Local Currency Construction Output, Current Prices, US Dollars Current Account Balance as Percentage of GDP Debt Service Ratio Debt Service Ratio Exports of Goods and Services, Current Prices External Debt as a percentage of GDP Fiscal Balance as a percentage of GDP Foreign Direct Investment GDP at Purchasing Power Parity GDP, Constant Prices(Local Currency) GDP, Constant Prices (US$ Billion) GDP, Current Prices(Local Currency) GDP, Current Prices (US$ billion) General Government Final Consumption Expenditure Gross Fixed Capital Formation, Current Prices Imports of goods and services Inflation, Average Consumer Prices Interest Rate (Lending) Manufacturing Output, Current Prices (Local Currency Bn) Manufacturing Output, Current Prices (US$ Billions) Market Cap of Stock Exchange US$- Exchange Rate (Annual Average) US$- Exchange Rate (EoP) Wholesale Price Index Energy and Utilities Hydroelectricity Installed Capacity Crude Oil Distillation Capacity Natural Gas Consumption Natural Gas Imports
5 Natural Gas Production Net Conventional Thermal Electricity Generation Net Geothermal, Solar, Wind, and Wood Electric Power Generation Net Hydroelectric Power Generation Petroleum, Consumption Petroleum, Production Minerals Coal Consumption Coal Production Social & Political Risk Political Stability Index Transparency Index Technology Fixed Broadband Internet Subscribers Gross Domestic Expenditure on Research and Development as % of GDP Patents Granted Appendix Contact Us About SDI Disclaimer
6 LIST OF FIGURES Figure 1: Thai Defense Expenditure (US$ Billion), Figure 2: Thai Defense Expenditure (US$ Billion), Figure 3: Thai GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP (%), Figure 4: Thai GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP (%), Figure 5: Thai Defense Budget Split between Capital and Revenue Expenditure (%), Figure 6: Thai Defense Budget Split between Capital and Revenue Expenditure (%), Figure 7: Thai Defense Budget Allocation (%), Figure 8: Thai Defense Budget Allocation (%), Figure 9: Thai Army Defense Budget Allocation (US$ Billion), Figure 10: Thai Army Defense Budget Allocation (US$ Billion), Figure 11: Thai Navy Defense Budget Allocation (US$ Billion), Figure 12: Thai Navy Defense Budget Allocation (US$ Billion), Figure 13: Thai Air Force Defense Budget Allocation (US$ Billion), Figure 14: Thai Air Force Defense Budget Allocation (US$ Billion), Figure 15: Thai Other Categories Defense Budget Allocation (US$ Billion), Figure 16: Thai Other Categories Defense Budget Allocation (US$ Billion), Figure 17: Thai Homeland Security Expenditure (US$ Billion), Figure 18: Thai Homeland Security Expenditure (US$ Billion), Figure 19: SDI Terrorism Heat Map, Figure 20: SDI Terrorism Index, Figure 21: Benchmarking with Key Markets vs Figure 22: Defense Expenditure of the World s Largest Military Spenders (US$ Billion), 2012 and Figure 23: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), Figure 24: Per Capita Defense Expenditure of the Largest Military Spenders in the World (US$), Figure 25: Thai Defense Imports (US$ million), Figure 26: Thai Defense Imports by Country (%), Figure 27: Thai Defense Imports by Category (%), Figure 28: Industry Dynamics Porter s Five Forces Analysis Figure 29: Avia Saab Technologies- Revenue Trend Analysis (SEK Million), Figure 30: Avia Saab Technologies- Operating Profit Trend Analysis (SEK Million), Figure 31: Avia Saab Technologies- Net Profit Trend Analysis (SEK Million), Figure 32: Thai Population Female (In Millions), Figure 33: Thai Population Male (In Millions), Figure 34: Thai Business Confidence index, Figure 35: Thai Construction Output, Current Prices, Local Currency (In Billions), Figure 36: Thai Construction Output, Current Prices,US Dollars (In Billions), Figure 37: Thai Current Account Balance as Percentage of GDP, Figure 38: Thai Debt Service Ratio, Figure 39: Thai Deposit Interest Ratio, Figure 40: Thai Exports of Goods and Services, Current Prices (US$ Billion), Figure 41: Thai External Debt as a Percentage of GDP, Figure 42: Thai Fiscal Balance as a percentage of GDP, Figure 43: Thai Foreign Direct Investment (US$ Billion), Figure 44: Thai GDP at Purchasing Power Parity (US$ Billion), Figure 45: Thai GDP at Constant Prices (Local Currency Billion), Figure 46: Thai GDP at Constant Prices(US$ Billion), Figure 47: Thai GDP at Current Prices(Local Currency Billion), Figure 48: Thai GDP at Current Prices(US$ Billion), Figure 49: Thai General Government Final Consumption Expenditure (US$ Billion), Figure 50: Thai Gross Fixed Capital Formation, Current Prices (US$ Billion), Figure 51: Thai Imports of Goods and Services (current US$ Billion), Figure 52: Thai Inflation, Average Consumer Prices, Figure 53: Thai Interest Rate (Lending), Figure 54: Thai Manufacturing Output, Current Prices (Local Currency Billion), Figure 55: Thai Manufacturing Output, Current Prices (US$ Billion), Figure 56: Thai Market Cap of Stock Exchange (US$ Million),
7 Figure 57: Thai US$- Exchange Rate (Annual Average), Figure 58: Thai US$- Exchange Rate (EoP), Figure 59: Thai Wholesale Price Index, Figure 60: Thai Hydroelectricity Installed Capacity (Million Kilowatt), Figure 61: Thai Crude Oil Distillation Capacity (Thousand Barrels Per Cal Day), Figure 62: Thai Natural Gas Consumption (Billion Cubic Feet), Figure 63: Thai Natural Gas Imports (Billion Cubic Feet), Figure 64: Thai Natural Gas Production (Billion Cubic Feet), Figure 65: Thai Net Conventional Thermal Electricity Generation (Billion Kilowatt hours), Figure 66: Thai Net Geothermal, Solar, Wind, and Wood Electric Power Generation (Billion Kilowatt hours), Figure 67: Thai Net Hydroelectric Power Generation(Billion Kilowatthours), Figure 68: Thai Petroleum Consumption (Thousand Barrels Per Day), Figure 69: Thai Petroleum Production (Thousand Barrels Per Day), Figure 70: Thai Coal Consumption (Thousand Short Tons), Figure 71: Thai Coal Production (Thousand Short Tons), Figure 72: Thai Political Stability Index, Figure 73: Thai Transparency Index, Figure 74: Thai Fixed Broadband Internet Subscribers (Thousands), Figure 75: Gross Domestic Expenditure on Research and Development as % of GDP, Figure 76: Patents Granted,
8 LIST OF TABLES Table 1: Thai Defense Expenditure (US$ Billion), Table 2: Thai Defense Expenditure (US$ Billion), Table 3: Thai GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP (%), Table 4: Thai GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP (%), Table 5: Thai Defense Budget Split between Capital and Revenue Expenditure (%), Table 6: Thai Defense Budget Split between Capital and Revenue Expenditure (%), Table 7: Thai Defense Budget Allocation (%), Table 8: Thai Defense Budget Allocation (%), Table 9: Thai Army Defense Budget Allocation (US$ Billion), Table 10: Thai Army Defense Budget Allocation (US$ Billion), Table 11: Thai Navy Defense Budget Allocation (US$ Billion), Table 12: Thai Navy Defense Budget Allocation (US$ Billion), Table 13: Thai Air Force Defense Budget Allocation (US$ Billion), Table 14: Thai Air Force Defense Budget Allocation (US$ Billion), Table 15: Thai Other Categories Defense Budget Allocation (US$ Billion), Table 16: Thai Other Categories Defense Budget Allocation (US$ Billion), Table 17: Thai Homeland Security Expenditure (US$ Billion), Table 18: Thai Homeland Security Expenditure (US$ Billion), Table 19: Benchmarking with Key Markets vs Table 20: SDI Terrorism Index, Table 21: Defense Offset Regulations in Thailand Table 22: Avia Saab Technologies Co. Ltd. Product Focus Table 23: Avia Saab Technologies Co. Ltd.: - Recent Contract Wins Table 24: Avia Satcom Product Focus Table 25: Avia Satcom Alliances Table 26: Avia Satcom - Recent Contract Wins Table 27: Infowave (Thailand) Co. Ltd Product Focus Table 28: Infowave (Thailand) Co. Ltd - Alliances
9 1. Executive Summary Thai defense expenditure expected to increase at a CAGR of % during the forecast period Thai military spending, estimated at US$ billion in 2012, has increased at a CAGR of % during the review period and is projected to register a CAGR of % during the forecast period, to reach US$ billion by Thai defense expenditure is expected to be driven by modernization initiatives in addition to border disputes, security threats, and an arms race with neighboring countries; moreover, years of defense budget underfunding has created the need for a comprehensive modernization program for equipment including fighter aircraft, military helicopters, armored carrier vehicles, and diesel submarines. To enable this, Thailand is aiming to increase defense expenditure as a percentage of GDP from % in 2012 to % in During the review period an average of % of the nation s defense spending was earmarked for revenue expenses, while an average of % was spent on capital expenditure; however, during the forecast period the share of capital expenditure in the overall defense budget is expected to increase to an average of % as the country focuses on replacing the existing fleet of obsolete military hardware. As a result of this increase in capital expenditure, defense equipment suppliers will witness a surge in demand for advanced defense systems such as fighter aircraft, military helicopters, armored vehicles, surveillance equipment, warships, and submarines. 9
10 2. Market Attractiveness and Emerging Opportunities Thailand, the third largest country in Southeast Asia, has one of the fastest-growing defense markets in the world. As a consequence of years of defense budget underfunding, Thailand s military spending is anticipated to increase during the forecast period as the country s armed forces undergo an extensive modernization program and, as a result, the country s military expenditure as a percentage of GDP is projected to increase. Thai defense expenditure is expected to be driven by factors such as security threats, modernization plans, border disputes, and an ongoing arms race within the Southeast Asian region; additionally, the country is increasing its HLS spending in order to counter threats posed by pirates, terrorists, and internal rebel groups. Defense equipment suppliers and subcontractors can expect demand for aerial, land, and naval defense systems, and the HLS market will witness a surge in demand for surveillance and biometric identification systems, and riot and crowd control equipment. 10
11 Defense Expenditure The Thai Defense Industry-Market Opportunities and Entry Strategies Analyses and Forecasts to Defense Market Size Historical and Forecast Thai defense expenditure expected to increase at a CAGR of % during the forecast period Thai military spending, estimated at US$ billion in 2012, has increased at a CAGR of % during the review period and is projected to register a CAGR of % during the forecast period, to reach US$ billion by Along with an increase in the overall defense budget, Thai military spending as a percentage of GDP is anticipated to increase from an estimated % in 2012 to % in Overall, the nation is expected to spend an estimated US$ billion on its armed forces during the forecast period, out of which US$ billion will be earmarked for capital expenditure. The following table and figure show Thai defense expenditure during the review period: Table 1: Thai Defense Expenditure (US$ Billion), Year Defense Expenditure (US$ bn) Defense Growth Percentage 2008 % 2009 % 2010 % 2011 % 2012 % Source: MoD and SDI analysis CAGR % Figure 1: Thai Defense Expenditure (US$ Billion), Revenue Expenditure Capital Expenditure Growth Rate (%) Source: MoD and SDI analysis 11
12 Defense Expenditure The Thai Defense Industry-Market Opportunities and Entry Strategies Analyses and Forecasts to 2017 The following table and figure show the projected Thai defense expenditure over the forecast period: Table 2: Thai Defense Expenditure (US$ Billion), Year Defense Expenditure (US$ bn) Defense Growth Percentage 2013 % 2014 % 2015 % 2016 % 2017 % Source: MoD and SDI analysis CAGR % Figure 2: Thai Defense Expenditure (US$ Billion), Revenue Expenditure Capital Expenditure 2017 Growth Rate (%) Source: MoD and SDI analysis 12
13 2.2. Analysis of Defense Budget Allocation The share of capital expenditure in the overall defense budget is expected to increase during the forecast period Over the review period, revenue expenditure accounted for the majority of Thailand s defense budget, at % on average, while an average of % was earmarked for capital expenses; however, the share of capital expenditure in the overall defense budget is expected to increase during the forecast period, primarily due to the modernization plans undertaken by the government. Furthermore, the majority of the nation s military hardware was procured prior to 1991 and, due to lower levels of defense spending during , most of these defense systems have suffered wear and tear, and some have become obsolete; additionally, security threats in the southern provinces of the nation will further compel the government to procure defense systems during the forecast period. As a consequence of all these factors, the share of capital expenditure in the overall Thai defense budget is expected to increase to an average of % during the forecast period. 13
14 The following table and chart display the Thai defense budget share of capital and revenue during the review period: Table 3: Thai Defense Budget Split between Capital and Revenue Expenditure (%), Year Capital Expenditure Share Revenue Expenditure Share 2008 % % 2009 % % 2010 % % 2011 % % 2012 % % Source: Budget Bureau, Thailand and SDI analysis Figure 3: Thai Defense Budget Split between Capital and Revenue Expenditure (%), % of Defense Expenditure Revenue Expenditure Capital Expenditure Source: Budget Bureau, Thailand and SDI analysis 14
15 The following table and chart display the Thai defense budget share of capital and revenue expenditure over the forecast period: Table 4: Thai Defense Budget Split between Capital and Revenue Expenditure (%), Year Capital Expenditure Share Revenue Expenditure Share 2013 % % 2014 % % 2015 % % 2016 % % 2017 % % Source: Budget Bureau, Thailand and SDI analysis Figure 4: Thai Defense Budget Split between Capital and Revenue Expenditure (%), % of Defense Expenditure Revenue Expenditure Capital Expenditure Source: Budget Bureau, Thailand and SDI analysis 15
16 Homeland Security Expenditure The Thai Defense Industry-Market Opportunities and Entry Strategies Analyses and Forecasts to Homeland Security Market Size and Forecast Homeland security (HLS) expenditure expected to grow at a CAGR of % during Thai HLS expenditure registered a CAGR of % during the review period and is expected to witness a CAGR of % during the forecast period, to reach an estimated US$ billion in The country s internal security budget is expected to increase due to a rise in terrorist attacks, cross border infiltration, and mass protests. Furthermore, the nation has a vast coastline of 2,815 km, making it susceptible to attacks from pirates, the illicit drug trade, and illegal immigration. Over the forecast period, HLS equipment manufacturers will witness a surge in demand for equipment capable of preventing terrorist attacks and managing mass protests, and in addition to these, the country will invest in border surveillance equipment such as CCTV systems and biometric identification systems. The following table and chart show the Thai homeland security expenditure during the review period: Table 5: Thai Homeland Security Expenditure (US$ Billion), Year Homeland Security Expenditure (US$ bn) Growth Rate (%) 2008 % 2009 % 2010 % 2011 % 2012 % Source: Budget Bureau, Thailand and SDI analysis Figure 5: Thai Homeland Security Expenditure (US$ Billion), Source: Budget Bureau, Thailand and SDI analysis 16
17 Homeland Security Expenditure The Thai Defense Industry-Market Opportunities and Entry Strategies Analyses and Forecasts to 2017 The following table and chart show the Thai homeland security expenditure over the forecast period: Table 6: Thai Homeland Security Expenditure (US$ Billion), Year Homeland Security Expenditure (US$ bn) Growth Rate (%) 2013 % 2014 % 2015 % 2016 % 2017 % Source: Budget Bureau, Thailand and SDI analysis Figure 6: Thai Homeland Security Expenditure (US$ Billion), Source: Budget Bureau, Thailand and SDI analysis 17
The Vietnamese Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015
The Vietnamese Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015 Market Intelligence Report Reference code: DF0051MR Published: August 2011 www.icd-research.com
More informationPersonal Accident and Health Insurance in Malaysia, Key Trends and Opportunities to 2016
Personal Accident and Health Insurance in Malaysia, Key Trends and Opportunities to 2016 Market Intelligence Report Reference code: IS0055MR Published: September 2012 www.timetric.com Timetric John Carpenter
More informationIndustry Dynamics and Competitive Landscape in the Vietnamese Non-Life Insurance Industry to 2016: Market Profile
Brochure More information from http://www.researchandmarkets.com/reports/2104740/ Industry Dynamics and Competitive Landscape in the Vietnamese Non-Life Insurance Industry to 2016: Market Profile Description:
More informationLife Insurance in Pakistan, Key Trends and Opportunities to 2016
Brochure More information from http://www.researchandmarkets.com/reports/2225320/ Life Insurance in Pakistan, Key Trends and Opportunities to 2016 Description: Synopsis The report provides in depth market
More informationIndustry Dynamics and Competitive Landscape in the Chilean Non-Life Insurance Industry to 2016: Market Profile
Brochure More information from http://www.researchandmarkets.com/reports/2225374/ Industry Dynamics and Competitive Landscape in the Chilean Non-Life Insurance Industry to 2016: Market Profile Description:
More informationIndustry Dynamics and Competitive Landscape in the Chilean Life Insurance Industry to 2016: Market Profile
Brochure More information from http://www.researchandmarkets.com/reports/2225332/ Industry Dynamics and Competitive Landscape in the Chilean Life Insurance Industry to 2016: Market Profile Description:
More informationIndustry Dynamics and Competitive Landscape in the Indonesian Non-Life Insurance Industry to 2016: Market Profile
Brochure More information from http://www.researchandmarkets.com/reports/2099629/ Industry Dynamics and Competitive Landscape in the Indonesian Non-Life Insurance Industry to 2016: Market Profile Description:
More informationThe Economic Impacts of Reducing. Natural Gas and Electricity Use in Ontario
The Economic Impacts of Reducing Natural Gas and Electricity Use in Ontario Prepared for Blue Green Canada July 2013 Table of Contents Executive Summary... i Key Findings... i Introduction...1 Secondary
More informationTransforming America s Energy Future. Kentucky. Energy Statistics. Developed by
Transforming America s Energy Future Kentucky Energy Statistics Developed by 2 2 Summary The first edition of Kentucky Energy Statistics is offered by the National Association for State Energy Officials
More informationThe Future of Retailing in UK to 2015
Brochure More information from http://www.researchandmarkets.com/reports/1533374/ The Future of Retailing in UK to Description: Synopsis This report provides uniquely detailed data on the size and development
More informationThe Global Cyber Security Market 2015-2025
Brochure More information from http://www.researchandmarkets.com/reports/3502775/ The Global Cyber Security Market 2015-2025 Description: Summary During the forecast period the demand for cyber security
More informationCASSIDIAN Evolution of the Defence & Security business in EADS
CASSIDIAN Evolution of the Defence & Security business in EADS Global Investor Forum, Toulouse 15-16 November 2010 Stefan Zoller CEO Cassidian 1 2 Disclaimer Disclaimer This presentation includes forward-looking
More informationPopulation, Health, and Human Well-Being-- Nigeria
Population, Health, and Human Well-Being-- EarthTrends Country Profiles Demographic and Health Indicators Total Population (in thousands of people) 195 29,79 176,775 2,519,495 22 12,47 683,782 6,211,82
More informationPopulation, Health, and Human Well-Being-- Kuwait
Population, Health, and Human Well-Being-- EarthTrends Country Profiles Demographic and Health Indicators Total Population (in thousands of people) 195 152 111,647 2,519,495 22 2,23 423,296 6,211,82 225
More informationThe Future of Retailing in Philippines to 2015
Brochure More information from http://www.researchandmarkets.com/reports/1578887/ The Future of Retailing in Philippines to Description: Synopsis This report provides uniquely detailed data on the size
More informationRESPONSE TO PUB ORDER 117/06. PUB Order 117/06 Directive 6
RESPONSE TO PUB ORDER 117/06 PUB Order 117/06 Directive 6 6. Manitoba Hydro shall file a General Rate Application for the fiscal years 2007/08 and 2008/09 by no later than August 1, 2007 which shall include
More informationHealthcare, Regulatory and Reimbursement Landscape - Australia
Brochure More information from http://www.researchandmarkets.com/reports/2207850/ Healthcare, Regulatory and Reimbursement Landscape - Australia Description: Healthcare, Regulatory and Reimbursement Landscape
More informationBotswana Fuel Price Trends and Forecast
Botswana Fuel Price Trends and Forecast White Paper Updated April 15 (For information purposes only) Introduction Although Botswana s energy requirements are dominated by petrol fuels, the country does
More informationThe Global Homeland Security Market 2012-2022 - Country Analysis: Market Profile
Brochure More information from http://www.researchandmarkets.com/reports/2328944/ The Global Homeland Security Market 2012-2022 - Country Analysis: Market Profile Description: Synopsis This report offers
More informationMobile Advertising Market - India
Mobile Advertising Market - India February 2015 Executive Summary Market Overview Global market size of mobile advertising stood at INR a1 bn in 20--, growing at a CAGR of a2% from the previous year Market
More informationEconomic Outcomes of a U.S. Carbon Tax. Executive Summary
Economic Outcomes of a U.S. Carbon Tax Executive Summary [ Overview [ During the ongoing debate on how to address our nation s fiscal challenges, some have suggested that imposing a carbon tax would improve
More informationSoftware Testing Market India
Software Testing Market India July 2014 Executive Summary Market Software Testing market in India was valued at ~ INR xx bn in 20-- and is projected to grow at a CAGR of ~ x1% between 20--- and 20-- Over
More informationEconomics 152 Solution to Sample Midterm 2
Economics 152 Solution to Sample Midterm 2 N. Das PART 1 (84 POINTS): Answer the following 28 multiple choice questions on the scan sheet. Each question is worth 3 points. 1. If Congress passes legislation
More informationPhone: +44 20 8123 2220 Fax: +44 207 900 3970 office@marketpublishers.com https://marketpublishers.com
Industrial Control System (ICS) Security Market by Technology (DDOS, IDS/IPS, Firewall, SIEM, SCADA Encryption, UTM, Application, Whitelisting, DLP, Database Activity Monitoring), by Services, and by Verticals
More informationChapter 12: Gross Domestic Product and Growth Section 1
Chapter 12: Gross Domestic Product and Growth Section 1 Key Terms national income accounting: a system economists use to collect and organize macroeconomic statistics on production, income, investment,
More informationWhat s Hot in Oil, Gas and Energy Equipment Leasing
WWW.IBISWORLD.COM October 2013 1 Follow on head on Master page A October 2013 What s Hot in Oil, Gas and Energy Equipment Leasing By David Yang Effective portfolio risk management is vital to the long-term
More informationRaymond James Global Airline and Transportation Conference
Raymond James Global Airline and Transportation Conference United Continental Holdings, Inc. November 6, 2014 Jim Compton Vice Chairman and Chief Revenue Officer Safe Harbor Statement Certain statements
More informationBusiness Briefing: Germany
159870 Business Briefing: Germany May 2015 Overview Area Population Population density 357,340.0 sq km 2014: 80.9 million people Population growth rate 2014: -0.2%* Fertility rate Birthrate Age group distribution
More information2016 Outlook of the Global Security Industry
Brochure More information from http://www.researchandmarkets.com/reports/3623776/ 2016 Outlook of the Global Security Industry Description: Being aware of future cyber threats and trends at the national
More informationACCOUNTING FOR ASIA S NATURAL CAPITAL
ACCOUNTING FOR S NATURAL CAPITAL DRIVING THE TRANSITION TO A RESOURCE-EFFICIENT GREEN ECONOMY Asia s rapid economic growth during recent decades has been accompanied by serious depletion of the region
More informationECONOMIC ANALYSIS (Republic of the Marshall Islands: Public Sector Program)
Public Sector Program (RRP RMI 43321-1) A. Summary ECONOMIC ANALYSIS (Republic of the Marshall Islands: Public Sector Program) 1. The Republic of the Marshall Islands (RMI) gross domestic product (GDP)
More informationSecurity Business a Growth Path
Business a Growth Path North America Investor Forum 2010 New York, 18 th March 2010 Hervé Guillou Head of EADS Defence & Communications Systems Safe Harbour Statement 2 Disclaimer This presentation includes
More informationUnsecured Loans to Business in the UK - Key Trends and Opportunities up to 2018
Brochure More information from http://www.researchandmarkets.com/reports/2933671/ Unsecured Loans to Business in the UK - Key Trends and Opportunities up to 2018 Description: - This report provides market
More informationContext and Background 5. The Equipment Budget 5. Summary of equipment spending plans 7. Sector analysis where does the money go? 9.
The Defence Equipment Plan 2012 Contents Foreword 4 Context and Background 5 The Equipment Budget 5 Approach 5 Summary of equipment spending plans 7 Sector analysis where does the money go? 9 Combat Air
More informationSECTOR ASSESSMENT (SUMMARY): ENERGY 1
Country Partnership Strategy: Kazakhstan 2012 2016 SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Overview. Oil accounts for about a quarter
More informationThe Insurance Industry in Antigua and Barbuda, Key Trends and Opportunities to 2017
The Insurance Industry in Antigua and Barbuda, Key Trends and Opportunities to 2017 Market Intelligence Report Reference code: IS0276MR Published: May 2013 www.timetric.com Timetric John Carpenter House
More informationCBO. Federal Funding for Homeland Security: An Update. What Is Homeland Security?
CBO A series of issue summaries from the Congressional Budget Office JULY 20, 2005 Federal Funding for Homeland Security: An Update The terrorist attacks of September 11, 2001, heightened Congressional
More informationEnergy Sector Overview. Kevin Bertelsen & Matt Sedlacek
Energy Sector Overview Kevin Bertelsen & Matt Sedlacek February 18, 2014 Overview The energy sector is one of the sectors defined by the S&P500 s Global Industry Classification Standard s indexes. It consists
More informationLife Insurance Market Report - India
Brochure More information from http://www.researchandmarkets.com/reports/1839253/ Life Insurance Market Report - India Description: The Indian life insurance sector has grown at a fast pace since liberalisation
More informationVoIP Market India July 2014
VoIP Market India July 2014 Executive Summary Market Overview The Indian VoIP market is currently valued at INR x1 mn and is expected to attain a CAGR of x2% to reach INR x3 mn by 20-- Mobile VoIP market
More informationPublic and Product Liability Insurance in the UK, Key Trends and Opportunities to 2017
Brochure More information from http://www.researchandmarkets.com/reports/2894825/ Public and Product Liability Insurance in the UK, Key Trends and Opportunities to 2017 Description: - The report provides
More informationMilitary Transactions
8 Military Transactions In this section: Coverage and definitions Estimation methods overview U.S. receipts Transfers under U.S. military agency sales contracts U.S. payments Direct defense expenditures
More informationIntroduction. So, What Is a Btu?
Introduction The way of life that we Americans take for granted every day depends upon a stable and abundant supply of affordable energy. Energy shortages can quickly affect our everyday lives and harm
More informationLandlord Insurance in the UK Key Trends and Opportunities to 2017
Landlord Insurance in the UK Key Trends and Opportunities to 2017 Market Intelligence Report Reference code: FS0112MR Published: February 2014 www.timetric.com Timetric John Carpenter House 7 Carmelite
More informationWeiqiao Textile Announces its 2015 Interim Results
Weiqiao Textile Announces its 2015 Interim Results Seize new opportunities in new normal development phase Continued leadership against the backdrop of industry changes Financial Summary Revenue was approximately
More informationPhone: +44 20 8123 2220 Fax: +44 207 900 3970 office@marketpublishers.com https://marketpublishers.com
Event Management Software Market by Component, Software, Service, Deployment Mode (On-Premise, Cloud), Organization size, Verticals (Education, corporate, Third-Party Planners, Government, & others), and
More informationMassachusetts $ Savings and Job Gains from Energy Efficiency in Buildings & Transportation
Massachusetts $ Savings and Job Gains from Energy Efficiency in Buildings & Transportation Marc Breslow, Ph.D. Director of Transportation & Buildings Policy Executive Office of Energy & Environmental Affairs
More informationRecent Developments and Outlook for the Mexican Economy Credit Suisse, 2016 Macro Conference April 19, 2016
Credit Suisse, Macro Conference April 19, Outline 1 Inflation and Monetary Policy 2 Recent Developments and Outlook for the Mexican Economy 3 Final Remarks 2 In line with its constitutional mandate, the
More informationResources projected in the previous development plan and the reality
NATIONAL DEFENCE DEVELOPMENT PLAN 2013-2022 Resources projected in the previous development plan and the reality 1. The previous 10-year development plan approved in 2009 (Military Defence Development
More informationElectronic Warfare - Emerging Trends, Approaches, Key issues and Investment Outlook. Reference code: DF4420PR Published: March 2015
Electronic Warfare - Emerging Trends, Approaches, Key issues and Investment Outlook Reference code: DF4420PR Published: March 2015 1 AGENDA Methodology and sample size Change in occurrence of electronic
More informationNational Heavy Duty Truck Transportation Efficiency Macroeconomic Impact Analysis
National Heavy Duty Truck Transportation Efficiency Macroeconomic Impact Analysis Prepared for the: Union of Concerned Scientists 2397 Shattuck Ave., Suite 203 Berkeley, CA 94704 Prepared by: Marshall
More informationPresentation on Results for the 2nd Quarter FY 2015. Idemitsu Kosan Co.,Ltd. November 4, 2015
Presentation on Results for the 2nd Quarter FY 2015 Idemitsu Kosan Co.,Ltd. November 4, 2015 Table of Contents 1. 2 nd Quarter FY 2015 Financials (1) Overview (2) Segment Information (3) Streamlining 2.
More informationEmerging Opportunities and Growth Prospects in the Indonesian Travel Intermediaries Industry, Analyses and Forecasts to 2016
Emerging Opportunities and Growth Prospects in the Indonesian Travel Intermediaries Industry, Analyses and Forecasts to 2016 BRICdata John Carpenter House 7 Carmelite Street London EC4Y 0BS United Kingdom
More informationThe Insurance Industry in British Virgin Islands, Key Trends and Opportunities to 2017
The Insurance Industry in British Virgin Islands, Key Trends and Opportunities to 2017 Market Intelligence Report Reference code: IS0259MR Published: April 2013 www.timetric.com Timetric John Carpenter
More informationSTATE OF ARKANSAS Department of Finance and Administration
STATE OF ARKANSAS Department of Finance and Administration OFFICE OF THE DIRECTOR 1509 West Seventh Street, Suite 401 Post Office Box 3278 Little Rock, Arkansas 72203-3278 Phone: (501) 682-2242 Fax: (501)
More informationIdentity and Access Management Market by Deployments, by Components, by Organization Size - Global Forecast to 2019
Brochure More information from http://www.researchandmarkets.com/reports/3104619/ Identity and Access Management Market by Deployments, by Components, by Organization Size - Global Forecast to 2019 Description:
More informationMEASURING GDP AND ECONOMIC GROWTH CHAPTER
MEASURING GDP AND ECONOMIC GROWTH CHAPTER Objectives After studying this chapter, you will able to Define GDP and use the circular flow model to explain why GDP equals aggregate expenditure and aggregate
More informationProviding value-added solutions to an integrated energy, oil & gas industry. Energy, Oil & Gas Services
Providing value-added solutions to an integrated energy, oil & gas industry. Energy, Oil & Gas Services Contents Profile of Fidelity Bank Ghana Limited Energy Oil & Gas Downstream Oil & Gas Upstream Our
More informationGlobal Infrastructure: Trend Monitor
Global Infrastructure: Trend Monitor Southeast Asian Transport Edition: Outlook 2010 2014 ADVISORY The Global Infrastructure: Trend Monitor is a series of publications allowing infrastructure expenditure
More informationInternet of Things (IoT) in Energy Market by Systems & Solutions, by Application, by Services & by Regions - Global Forecast to 2020
Brochure More information from http://www.researchandmarkets.com/reports/3443414/ Internet of Things (IoT) in Energy Market by Systems & Solutions, by Application, by Services & by Regions - Global Forecast
More informationLIST OF MAJOR LEADING & LAGGING ECONOMIC INDICATORS
APRIL 2014 LIST OF MAJOR LEADING & LAGGING ECONOMIC INDICATORS Most economists talk about where the economy is headed it s what they do. Paying attention to economic indicators can give you an idea of
More informationChapter 4 Measuring GDP and Economic Growth
Chapter 4 Measuring GDP and Economic Growth 1 Gross Domestic Product 1) Gross domestic product is the total produced within a country in a given time period. A) market value of all final and intermediate
More informationPrivate Medical Insurance in the UK, Key Trends and Opportunities to 2017
Brochure More information from http://www.researchandmarkets.com/reports/2779007/ Private Medical Insurance in the UK, Key Trends and Opportunities to 2017 Description: - The report provides market analysis,
More informationBudget Paper B SUPPLEMENTARY FINANCIAL INFORMATION
Budget Paper B SUPPLEMENTARY FINANCIAL INFORMATION Available in alternate formats, upon request. Biv Supplementary / Financial Information BUDGET 2016 CONTENTS SPECIAL ACCOUNTS... 1 CAPITAL INVESTMENT...
More informationThailand Insurance Sector
Brochure More information from http://www.researchandmarkets.com/reports/606283/ Thailand Insurance Sector Description: Thailand is the 2nd largest economy in Southeast Asia, after Indonesia. It ranks
More informationChina's Aviation Sector - Overview, Current Trends & Opportunities for European Suppliers
China's Aviation Sector - Overview, Current Trends & Opportunities for European Suppliers China Civil Aviation Report Uniworld, LLC/Francis Chao September 6, 2005. Dublin, Ireland Before 1978, It was a
More informationFocus on Security Business
EADS Security & Defence Focus on Security Business Hervé Guillou Head of Defence and Communications Systems Global Investor Forum 2009, Broughton, 1 st & 2 nd April 2009 1 1 Safe Harbour Statement Disclaimer
More informationAlternative and Renewable Energy. Christopher Nicholson section: AD Last 4 # of SIN: 5001
Alternative and Renewable Energy Christopher Nicholson section: AD Last 4 # of SIN: 5001 Current Primary Energy Sources Current Primary Energy Sources The pie chart on the left depicts global sources of
More informationX. INTERNATIONAL ECONOMIC DEVELOPMENT 1/
1/ X. INTERNATIONAL ECONOMIC DEVELOPMENT 1/ 10.1 Overview of World Economy Latest indicators are increasingly suggesting that the significant contraction in economic activity has come to an end, notably
More informationWhole Life Insurance in the UK, Key Trends and Opportunities to 2017
Brochure More information from http://www.researchandmarkets.com/reports/2623372/ Whole Life Insurance in the UK, Key Trends and Opportunities to 2017 Description: Synopsis - The report provides market
More informationU.S. DoD Physical Security Market
U.S. DoD Physical Security Market Technologies Used for DoD Applications June 2011 Table of Contents Executive Summary 7 Introduction 8 Definitions and Scope 9-11 Percentage of FY 2010 Total Budget Request
More informationPETROLEUM SECTOR DEVELOPMENTS IN EGYPT
PETROLEUM SECTOR DEVELOPMENTS IN EGYPT March 2009 2009 Business Studies & Analysis Center. All rights reserved. Unauthorized reproduction, copying, re-mailing, storage or website posting is prohibited.
More informationFurther Developments of Hong Kong s Offshore RMB Market: Opportunities and Challenges
Further Developments of Hong Kong s Offshore RMB Market: Opportunities and Challenges Zhang Ying, Senior Economist In recent years, as the internationalization of the RMB has been steadily carrying out,
More informationCABINET. 24 March 2015
CABINET 24 March 2015 Title: Procurement of Electricity and Gas Supplies Report of the Cabinet Member for Finance Open Report with Exempt Appendix 4 Wards Affected: All Report Author: Andrew Sivess Group
More informationIndonesian Coal Mining Industry Outlook - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016: Market Profile
Brochure More information from http://www.researchandmarkets.com/reports/2216603/ Indonesian Coal Mining Industry Outlook - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016: Market
More informationTransparency Market Research
Transparency Market Research VoIP Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020 Published Date 28 - August - 2014 114 Page Report Buy Now Request Sample
More informationHow To Sell Defence Equipment In Australia
ABC Ltd International Expansion Strategy Abstract This research report presents the findings of the research on the global defense industry for aaustralian contractor for providing services for defence
More informationFinancing Energy Efficiency and Renewable Energy: Thailand s ENCON Fund
International Energy Efficiency Forum, ASTANA, KAZAKHSTAN, 27-30 September 2010 Financing Energy Efficiency and Renewable Energy: Thailand s ENCON Fund Prasert Sinsukprasert Director of Planning Division
More information11-1. Framework of Analysis. Global Economic Considerations. Figure 12.1 Change in Real Exchange Rate: Dollar Versus Major Currencies.
Framework of Analysis CHAPTER 12 Macroeconomic and Industry Analysis Fundamental Analysis Approach to Fundamental Analysis Domestic and global economic analysis Industry analysis Company analysis Why use
More informationOVERVIEW OF THE ADMINISTRATION S FY 2005 REQUEST FOR HOMELAND SECURITY By Steven M. Kosiak
March 22, 2004 OVERVIEW OF THE ADMINISTRATION S FY 2005 REQUEST FOR HOMELAND SECURITY By Steven M. Kosiak The Bush Administration s fiscal year (FY) 2005 budget request includes $47.4 billion for homeland
More informationTransparency Market Research
Transparency Market Research Subsea Manifolds Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014-2020 Published Date 27-Feb-2015 81 Page Report Buy Now Request Sample Press
More informationHow To Value An Asset
Business Valuation: How to Make the Most of Your Business Pooja Gardemal, CPA/ABV Vice President Business Valuation & Economic Analysis 1 About is a global consulting firm with offices in the U.S. and
More informationMULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Suvey of Macroeconomics, MBA 641 Fall 2006, Final Exam Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Modern macroeconomics emerged from
More informationLife Insurance in the United States
Brochure More information from http://www.researchandmarkets.com/reports/1923356/ Life Insurance in the United States Description: Introduction: Life Insurance in the United States industry profile provides
More informationGlobal Paper Industry 2012-2017: Trends, Profits and Forecast Analysis
Brochure More information from http://www.researchandmarkets.com/reports/2183714/ Global Paper Industry 2012-2017: Trends, Profits and Forecast Analysis Description: The global paper industry experienced
More informationU.S. Coast Guard. America s Maritime Guardian
U.S. Coast Guard America s Maritime Guardian Nov. 2009 A few armed vessels, judiciously stationed at the entrances of our ports, might at a small expense be made useful sentinels of the laws. Alexander
More informationEnergy Projections 2006 2030 Price and Policy Considerations. Dr. Randy Hudson Oak Ridge National Laboratory
Energy Projections 2006 2030 Price and Policy Considerations Dr. Randy Hudson Oak Ridge National Laboratory There is perhaps no single current topic so potentially impacting to all life on this planet
More informationMonetary and Financial Aspects of Issuing Public Debt Instruments in Kuwait (1)
Monetary and Financial Aspects of Issuing Public Debt Instruments in Kuwait (1) I would like to thank the Faculty of Commerce for arranging this meeting, which I hope will lead to the clarification of
More informationBox 6 International Oil Prices: 2002-03
Annual Report 2002-03 International Oil Prices: 2002-03 Box 6 International Oil Prices: 2002-03 Notwithstanding the state of the world economy, characterised by sluggish growth in 2002, the world crude
More informationGlobalization, IMF and Bulgaria
Globalization, IMF and Bulgaria Presentation by Piritta Sorsa * *, Resident Representative of the IMF in Bulgaria, At the Conference on Globalization and Sustainable Development, Varna Free University,
More informationPreparing for Changes in Market Design
Preparing for Changes in Market Design EMART Conference Didier Lebout, Strategy and Development Director Gazprom Marketing and Trading France Amsterdam, 21 November 2012 In this presentation GM&T Ltd:
More informationDatabook Q1 2014: India Digital Advertising Spend in Real Estate Industry
Brochure More information from http://www.researchandmarkets.com/reports/2912867/ Databook Q1 2014: India Digital Advertising Spend in Real Estate Industry Description: Online advertising spend by real
More informationPROVINCIAL OUTLOOK UPDATE February 6, 2015
PROVINCIAL OUTLOOK UPDATE February 6, 2015 Real GDP growth 2015 Annual % change CANADA B.C. 2.4 2.7 2.9 3.1 Several developments have occurred since the publication of our most recent Provincial Outlook
More informationBenchmarking Travel & Tourism Global Summary
Benchmarking Travel & Tourism Global Summary How does Travel & Tourism compare to other sectors? Sponsored by: Summary of Findings, November 2013 Outline Introduction... 3 Summary of research structure..
More informationNippon Mining Holdings, Inc.
Supplementary Explanation for Financial Results for Fiscal 2008 - From April 1, 2008 to March 31, 2009 - April 30, 2009 Disclaimers concerning forward-looking statements are prepared on the last page of
More informationFederal Democratic Republic of Ethiopia Growth and Transformation Plan Annual Progress Report for F.Y. 2012/13
Federal Democratic Republic of Ethiopia Growth and Transformation Plan Annual Progress Report for F.Y. 2012/13 Ministry of Finance and Economic Development February 2014 Addis Ababa TABLE OF CONTENTS CHAPTER
More informationCapital. Land area (km 2 '000) Domestic Economy. International Trade. International Investment Labor. Employment. Prices.
Domestic Economy Consumer International Trade Unemployment International Investment Labor Employment Current Prices Public Finance Stocks Fiscal Policy Flows Institutional Framework Business Legislation
More informationNoorul Islam College of Engineering BA 1701-International business management
Noorul Islam College of Engineering BA 1701-International business management TWO MARK QUESTIONS 1) Define international trade International business consist of transactions that are devised and carried
More informationGCC Pharmaceutical Industry
GCC Pharmaceutical Industry First coordination meeting for the pharmaceutical industry in the GCC and Yemen Dr. Aasim Qureshi 11 April 2011 Global Pharmaceuticals Industry The pharmaceutical industry is
More informationSummary of Consolidated Financial Statements for the First Quarter of Fiscal Year Ending December 31, 2016 (Japanese GAAP)
This document is a translation of the Japanese financial statements and is not in conformity with accounting principles of the United States. Summary of Consolidated Financial Statements for the First
More information