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市场调查报告书

菲律宾的国防市场:魅力、竞争环境、成长预测 (~2024年)

Philippine Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024

出版商 GlobalData 商品编码 920860
出版日期 内容资讯 英文 103 Pages
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菲律宾的国防市场:魅力、竞争环境、成长预测 (~2024年) Philippine Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024
出版日期: 2019年12月27日内容资讯: 英文 103 Pages
简介

出菲律宾的国防预算在预测期间内8.98%的年复合成长率发展,预计2024年达到53亿美元的规模。

本报告提供菲律宾的防卫市场调查,市场规模的变化、预测,主要趋势及需求的各种影响因素分析,市场环境、相关法律,竞争环境与企业占有率,主要企业的简介,菲律宾的经济相关资料等汇整资料。

第1章 简介

第2章 摘要整理

第3章 市场魅力、新兴机会

  • 目前市场方案
  • 防卫市场规模:变化、预测
  • 国防预算的分配
  • 国防安全保障:市场规模、预测
  • 主要国家市场与的基准
  • 市场机会:主要趋势、成长推动因素

第4章 国防采购:市场动态

  • 进口
  • 出口

第5章 产业动态

  • 波特的五力分析
  • 法律规章
  • 市场进入途径
  • 主要课题

第6章 竞争环境、策略性考察

  • 竞争环境
    • 市场占有率分析
  • 主要企业
    • Raytheon
    • United Defense Manufacturing Corporation
    • Leonardo
    • Remington Arms Company, LLC
    • ELTA Systems Ltd

第7章 商业环境、国家风险

  • 经济趋势
    • GDP
    • 商品与服务的出口
    • 商品与服务的进口
    • GNDI
    • 对美元LCU
    • 上市公司的市值
    • 财政现金亏损、盈余率
    • 对GDP的商品的出口比例
    • 对GDP的商品的进口比例
    • 对GDP的服务的进口比例
    • 对GDP的服务的出口比例
    • 来自外国的直接投资 (FDI)
    • 对GDP的纯FDI的比例
    • 矿业、制造业、公共产业的输出等

第8章 附录

目录
Product Code: GDDF0610MR

Defense budget of the Philippines is set to register a forecast-period CAGR of 8.98%, to reach US$5.3 billion in 2024. The Philippines' defense expenditure recorded a CAGR of 14.25% over the historic-period and stood at US$3.6 billion in 2019. Over the forecast-period, it is anticipated to register a CAGR of 8.98% to value US$5.3 billion in 2024.

Capital expenditure allocation, which stood at an average of 19.2% during the historic period, will decrease to an average of 15.4% over the forecast period due to the procurement of fighter aircraft, corvettes, Multipurpose Attack Craft (MPAC), and infrastructure construction projects. The share of revenue expenditure increased from 80.8% during the historic period to 84.6% over the forecast period. Population growth will inflate the per capita defense expenditure from US$33.6 in 2020 to US$45.4 in 2024, at a CAGR of 7.27%. Homeland security expenditure is valued at US$3.35 billion in 2019 and grow to US$4.8 billion in 2024, registering a CAGR of 11.33%. Expenditure will primarily be driven by efforts to counter terrorism, human trafficking and the illicit drug trade.

Air and Naval forces modernization is expected to be key objective of the Philippines Horizon II program. In Response to the perceived internal weakness and regional strategic challenges Philippines department of defense has embarked air force and naval transformation process to enhance their capabilities under Horizon II program. The Air force accounts for highest share of 46.60% and has been allocated US$2.61 billion followed by navy which holds 25% share and has allocated close to US$1.44 billion; as compared to air force and navy army accounts for relatively less share of 15.89% and has allocated US$890 million for modernization under horizon phase II.

The US, Indonesia and South Korea are the major suppliers for The Philippines. During 2014-2018, South Korea emerged as the largest supplier of military hardware to The Philippines with a 28.8% share of defense imports, followed by Indonesia and the US with respective shares of 25.8% and 24.5%. South Korea, Indonesia and US has mainly supplied aircraft and naval vessels, a trend anticipated to continue over the forecast period due to the country's dependence on these three countries as a defense supplier.

The report "Philippine Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024" provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news. This report offers detailed analysis of the Philippines defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

In particular the report "Philippine Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024" provides an in-depth analysis of the following -

  • The defense industry market size and drivers: detailed analysis of the Philippines defense industry during 2020-2024, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country's expenditure and modernization patterns
  • Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
  • Porter's Five Force analysis of the Philippines defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry
  • Import and Export Dynamics: analysis of prevalent trends in the country's imports and exports over the last five years
  • Market opportunities: details of the top five defense investment opportunities
  • Competitive landscape and strategic insights: analysis of the competitive landscape of the Philippines defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

Companies Mentioned: Raytheon, United Defense Manufacturing Corporation, Leonardo, Remington Arms Company, ELTA Systems Ltd.

Scope

  • The Philippines' defense expenditure recorded a CAGR of 14.25% over the historic-period and stood at US$3.6 billion in 2019. The growing strength and assertiveness of the Chinese Navy with regards to territorial claims in the South China Sea has spurred the government to enhance its military capabilities
  • Capital expenditure allocation, which stood at an average of 19.2% during the historic period, will decrease to an average of 15.4%
  • Over the forecast period due to the procurement of fighter aircraft, corvettes, Multipurpose Attack Craft (MPAC), and infrastructure construction projects.

Reasons to buy

  • This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Philippines defense industry market trends for the coming five years
  • The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period
  • Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins, and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector
  • A deep qualitative analysis of the Philippines defense industry covering sections including demand drivers, Porter's Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts

Table of Contents

  • LIST OF FIGURES
  • LIST OF TABLES

1. Introduction

  • 1.1. What is this Report About?
  • 1.2. Definitions
  • 1.3. Summary Methodology
  • 1.4. About GlobalData

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

  • 3.1. Current Market Scenario
    • 3.1.1. Primary threat perception
    • 3.1.2. Military doctrine and strategy
    • 3.1.3. Procurement Programs
    • 3.1.4. Top Procurement Programs by Value (US$ Million) 2019-2024
    • 3.1.6. Geopolitical, Social and Economic Scenario
    • 3.1.7. Political and strategic alliances
  • 3.2. Defense Market Size Historical and Forecast
    • 3.2.1. The Philippines' defense budget to grow at a forecast-period CAGR of 8.98%
    • 3.2.2. Tensions in the South China Sea and modernization initiatives to drive the defense industry
    • 3.2.3. Defense budget as a percentage of GDP to increase to 1.0% over the forecast period
  • 3.3. Analysis of Defense Budget Allocation
    • 3.3.1. Share of capital expenditure will slightly decrease over the forecast period
    • 3.3.2. Capital expenditure is anticipated to record a forecast-period CAGR of 10.50%
    • 3.3.3. The army accounted for the largest percentage share of the overall Philippines' defense budget
    • 3.3.4. Army defense expenditure to reach US$2.45 billion in 2024
    • 3.3.5. Per capita defense expenditure to rise over the forecast period
  • 3.4. Homeland Security Market Size and Forecast
    • 3.4.1. The homeland security market will record a forecast-period CAGR of 11.33%
    • 3.4.2. Illicit drug trade and internal armed insurgencies drives homeland security expenditure
  • 3.5. Benchmarking with Key Global Markets
    • 3.5.1. The Philippines defense budget expected to increase over the forecast period
    • 3.5.2. The Philippines' defense expenditure is lower than other Asia countries
    • 3.5.3. The defense budget as a percentage of GDP will increase over the forecast period
  • 3.6. Market Opportunities: Key Trends and Drivers
    • 3.6.1. Airborne C4ISR
    • 3.6.2. Multi-role aircraft
    • 3.6.3. Maritime Surveillance and Detection

4. Defense Procurement Market Dynamics

  • 4.1. Import Market Dynamics
    • 4.1.1. Limited domestic defense capabilities to drive the country's defense imports
    • 4.1.2. The South Korea, Indonesia and US are the major suppliers for The Philippines
    • 4.1.3. Aircraft and naval vessels accounted for 88.6% of defense imports
  • 4.2. Export Market Dynamics
    • 4.2.1. The Philippines does not export any defense equipment

5. Industry Dynamics

  • 5.1. Five Forces Analysis
    • 5.1.1. Bargaining power of suppliers: low
    • 5.1.2. Bargaining power of buyers: medium
    • 5.1.3. Barrier to entry: low to medium
    • 5.1.4. Intensity of rivalry: low to medium
    • 5.1.5. Threat of substitution: high
  • 5.2. Market Regulation
    • 5.2.1. Countertrade/offset policy aids the development of the domestic defense industry
    • 5.2.2. Government unveils new procurement rules
  • 5.3. Market Entry Route
    • 5.3.1. Budgeting process
    • 5.3.2. Procurement Policy and Process
    • 5.3.3. Foreign military sales (FMS)
    • 5.3.4. Collaborations provide market entry opportunities
  • 5.4. Key Challenges
    • 5.4.1. Increase in corruption and lack of transparency impedes industry growth
    • 5.4.2. Erosion in the value of Philippine Peso to adversely impact defense imports
    • 5.4.3. Low defense capital expenditure may discourage several potential defense suppliers

6. Competitive landscape and Strategic Insights

  • 6.1. Competitive landscape Overview
    • 6.1.1. The Philippine Market Share Analysis, 2019-2024
  • 6.2. Key Companies
    • 6.2.1. Raytheon: overview
    • 6.2.2. Raytheon: products
    • 6.2.3. Raytheon: Recent announcements and strategic initiatives
    • 6.2.4. Raytheon: Recent Contract Wins
    • 6.2.5. United Defense Manufacturing Corporation: overview
    • 6.2.6. United Defense Manufacturing Corporation: key products
    • 6.2.7. United Defense Manufacturing Corporation: recent announcements and strategic initiatives
    • 6.2.8. Leonardo: overview
    • 6.2.9. Leonardo: products and services
    • 6.2.10. Leonardo: recent announcements and strategic initiatives
    • 6.2.11. Leonardo: recent contract wins
    • 6.2.12. Remington Arms Company, LLC: overview
    • 6.2.13. Remington Arms Company, LLC: key products and services
    • 6.2.14. Remington: recent announcements and strategic initiatives
    • 6.2.15. Remington Arms Company, LLC: Recent Contract Wins
    • 6.2.16. ELTA Systems Ltd: overview
    • 6.2.17. ELTA Systems Ltd: key products and services
    • 6.2.18. ELTA Systems Ltd: recent announcements and strategic initiatives
    • 6.2.19. ELTA Systems Ltd: Recent Contract Wins

7. Business Environment and Country Risk

  • 7.1. Economic Performance
    • 7.1.1. GDP per capita at constant prices (US$)
    • 7.1.2. GDP at current prices (US$)
    • 7.1.3. Exports of goods and services
    • 7.1.4. Imports of goods and services
    • 7.1.5. Gross national disposable income (US$ billions)
    • 7.1.6. LCU per US$ (period average)
    • 7.1.7. Market capitalization of listed companies (US$ billions)
    • 7.1.8. Market capitalization of listed companies (percentage of GDP)
    • 7.1.9. Government cash surplus/deficit as a percentage of GDP (LCU)
    • 7.1.10. Goods exports as a percentage of GDP
    • 7.1.11. Goods imports as a percentage of GDP
    • 7.1.12. Service imports as a percentage of GDP
    • 7.1.13. Services exports as a percentage of GDP
    • 7.1.14. Foreign direct investment (FDI), net (BoP, current US$ billions)
    • 7.1.15. Net FDI as a percentage of GDP
    • 7.1.16. Mining, manufacturing, utilities output (PHP trillion)

8. Appendix

  • 8.1. About GlobalData
  • 8.2. Disclaimer

List of Tables

  • Table 1: The Philippines - Ongoing Development and Procurement Programs (US$ Million), 2015-2019
  • Table 2: The Philippines - Future Procurement Programs
  • Table 3: Horizon Phase II Procurements - Army
  • Table 4: Horizon Phase II planned Procurements - Navy
  • Table 5: Horizon Phase II planned Procurements - Airforce
  • Table 6: Philippines- Top Defense Procurement Programs by Value (US$ Million), 2019-2024
  • Table 7: Philippines Defense Cooperation
  • Table 8: Philippines Military Training Exercises
  • Table 9: The Philippines - Defense Expenditure (PHP Billion and US$ Billion), 2015-2024
  • Table 10: The Philippines - Naval Procurement programs, 2015-2024
  • Table 11: The Philippines - GDP Growth and Defense Expenditure as Percentage of GDP Growth (%), 2015-2024
  • Table 12: The Philippines - Defense Budget Split Between Capital and Revenue Expenditure (%), 2015-2024
  • Table 13: The Philippines - Defense Capital Expenditure (PHP Billion & US$ Billion), 2015-2024
  • Table 14: The Philippines - Defense Budget Split by Army, Navy, Air Force, and Other Expenditure (%), 2015-2024
  • Table 15: Philippines Defense Budget in PHP Billion - Breakdown by Services (Army, Navy, Air Force and Others) 2015-2024
  • Table 16: Philippines Defense Budget in USD Billion - Breakdown by Services (Army, Navy, Air Force and Others) 2015-2024
  • Table 17: The Philippines - Per Capita Defense Expenditure (US$), 2015-2024
  • Table 18: The Philippines - Homeland Security Expenditure (PHP Billion and US$ Billion), 2015-2024
  • Table 19: Benchmarking with Key Markets - 2015-2019 vs. 2020-2024
  • Table 20: Top Philippines Defense Sectors by Value (US$ Million), 2019-2024
  • Table 21: The Philippines - Countertrade/Offset Regulations
  • Table 22: Philippines Budget Formation Timetable
  • Table 23: FMS deals to Philippines
  • Table 24: Top Defense Suppliers in Philippines Defense Industry - By Value (US$ Million) 2019-2024
  • Table 25: Competitive Landscape of The Philippines Defense Industry
  • Table 26: Raytheon - Key Products
  • Table 27: Raytheon - Recent Contract Wins
  • Table 28: United Defense Manufacturing Corporation - Key Products
  • Table 29: Leonardo - Key Products
  • Table 30: Leonardo-Finmeccanica - Recent Contract Wins
  • Table 31: Remington Arms Company, LLC: Key Products
  • Table 32: Remington Arms Company, LLC. - Recent Contract Wins
  • Table 33: ELTA Systems Ltd: Key Products
  • Table 34: ELTA Systems Ltd - Recent Contract Wins

List of Figures

  • Figure 1: Philippines Defense Budget, 2020 and 2024
  • Figure 2: Philippines Defense Imports, 2014 and 2018
  • Figure 3 : Philippines's Top Prospective Procurements/Developments
  • Figure 4: Philippines National Security Threats
  • Figure 5: Philippines's Partner Countries for Defense Cooperation and Military Training
  • Figure 6: The Philippines - Defense Expenditure (PHP Billion), 2015-2024
  • Figure 7: Philippines Defense Expenditure (US$ Billion), 2015-2024
  • Figure 8: Philippines GDP Growth and Defense Expenditure as Percentage of GDP Growth (%), 2015-2024
  • Figure 9: The Philippines - Defense Budget Split Between Capital and Revenue Expenditure (%), 2015-2024
  • Figure 10: The Philippines - Defense Capital Expenditure (PHP Billion), 2015-2024
  • Figure 11: The Philippines - Defense Capital Expenditure (US$ Billion), 2015-2024
  • Figure 12: The Philippines - Defense Budget Split, Army, Navy, Air Force and Other Expenditure, 2015-2024
  • Figure 13: The Philippines - Defense Budget, by Service (PHP Billion), 2015-2024
  • Figure 14: The Philippines - Defense Budget by Service (US$ Billion), 2015-2024
  • Figure 15: The Philippines - Per Capita Defense Expenditure (US$), 2015-2024
  • Figure 16: The Philippines - Homeland Security Expenditure (PHP Billion), 2015-2024
  • Figure 17: The Philippines - Homeland Security Expenditure (US$ Billion), 2015-2024
  • Figure 18: The Philippines - Benchmarked Against Key Markets (%), 2015-2019 vs. 2020-2024
  • Figure 19: Defense Expenditure of the World's Largest Military Spenders (US$ Billion), 2019 and 2024
  • Figure 20: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2019
  • Figure 21: The Philippines - Airborne C4ISR Market Size (US$ Million), 2019-2024
  • Figure 22: The Philippines - Multi-Role Aircraft Market Size (US$ Million), 2019-2024
  • Figure 23: The Philippines - Maritime Surveillance and Detection Market Size (US$ Million), 2019-2024
  • Figure 24: The Philippines - Defense Imports (US$ Million), 2014-2018 (TIV values*)
  • Figure 25: The Philippines - Defense Imports by Country (%), 2014-2018
  • Figure 26: The Philippines - Defense Imports by Category (%), 2014-2018
  • Figure 27: Industry Dynamics Porter's Five Forces Analysis
  • Figure 28: Key Challenges
  • Figure 29: The Philippine Defense Market Share Analysis, 2019-2024
  • Figure 30: The Philippines - GDP Per Capita at Constant Prices (US$), 2015-2025
  • Figure 31: The Philippines - GDP at Current Prices (US$ Billion), 2015-2025
  • Figure 32: The Philippines - Exports of Goods and Services (LCU Billion), 2005-2014
  • Figure 33: The Philippines - Imports of Goods and Services (US$), 2005-2014
  • Figure 34: The Philippines - Gross National Disposable Income (US$ Billion), 2009-2012
  • Figure 35: The Philippines - LCU per US$, 2015-2024
  • Figure 36: The Philippines - Market Capitalization of Listed Companies (US$ Billion), 2005-2012
  • Figure 37: The Philippines - Market Capitalization of Listed Companies (Percentage of GDP), 2005-2012
  • Figure 38: The Philippines - Government Cash Surplus/Deficit as a Percentage of GDP (LCU), 2005-2012
  • Figure 39: The Philippines - Goods Exports as a Percentage of GDP (%), 2005-2014
  • Figure 40: The Philippines - Goods Imports as a Percentage of GDP (%), 2005-2014
  • Figure 41: The Philippines - Services Imports as a Percentage of GDP (%), 2005-2014
  • Figure 42: The Philippines - Services Exports as a Percentage of GDP (%), 2005-2014
  • Figure 43: The Philippines - FDI, Net (BoP, Current US$ Billion), 2005-2014
  • Figure 44: The Philippines - Net FDI as a Percentage of GDP, 2005-2014
  • Figure 45: The Philippines - Mining, Manufacturing, Utilities Output (PHP Trillion), 2005-2014
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