"The Vietnamese Defense Industry - Market Opportunities And Entry Strategies, Analyses And Forecasts To 2017" Is Now Available At Fast Market Research

New Defense market report from ICD-Research: "The Vietnamese Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017"

by Bill Thompson

(WireNews+Co) - Boston, MA - 02 February 2013

Product Synopsis
This report is the result of SDI's extensive market and company research covering the Vietnamese 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 Vietnamese defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017 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 Finnish defense industry.

What is the current market landscape and what is changing?
Vietnam is one of the world's fastest-growing defense markets and is expected to spend US$18.8 billion on its armed forces during the forecast period. As a result of years of underfunding in the Vietnamese defense budget, the country's armed forces are expected to undergo an extensive modernization program. This, coupled with economic recovery, is expected to increase Vietnam's defense expenditure by 2017. Additionally, growth is expected to be driven by factors such as modernization plans, territorial disputes with China and China's growing military capability. Defense equipment suppliers and subcontractors can expect increased demand for naval combatants, aerial defense systems, and intelligence, surveillance and reconnaissance (ISR) equipment.

View Full Report Details and Table of Contents (http://www.fastmr.com/prod/501628_the_vietnamese_defense_industry_market.aspx?afid=201) (http://www.fastmr.com/prod/501628_the_vietnamese_defense_industry_market.aspx?afid=201)

What are the key drivers behind recent market changes?
Territorial dispute and acquisition of advanced defense systems is expected to drive military spending. Vietnam is expected to spend US$6 billion on the acquisition of weapons systems during the forecast period. Factors such as territorial claims in the South China Sea, Chinese naval build-up and the acquisition of modern military hardware systems to replace outdated and aging equipment are anticipated to drive the country's military spending. China has greatly increased its naval capability during the review period by acquiring new submarines and surface vessels.

What makes this report unique and essential to read?
The Vietnamese Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017 provides detailed analysis of the current industry size and growth expectations from 2013 to 2017, 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 2013 to 2017, 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.

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