Future of the Sri Lankan Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022

Ward Mitchell

Description

The Future of the Sri Lankan Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022, published by Strategic Defence Intelligence, 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.

Informations

• Publié par: mitchellward
• Publié le: 14 avril 2017
• Nombre de lectures: 1
• Langue: English

Extrait

Future of the Sri Lankan Defense Industry - Market
Attractiveness, Competitive Landscape and Forecasts to
2022
Published On : April 2017
Category : Aerospace & Defense
Pages : 88 pages
Contact : International : ([phone] [e-mail]
Report Description:
Future of the Sri Lankan Defense Industry - Market Attractiveness, Competitive Landscape
and Forecasts to 2022
Summary
The Future of the Sri Lankan Defense Industry - Market Attractiveness, Competitive
Landscape and Forecasts to 2022, published by Strategic Defence Intelligence, 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 Sri Lankan 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, it provides an in-depth analysis of the following -
- The Sri Lankan defense industry market size and drivers: detailed analysis of the Sri
Lankan defense industry during 2018-2022, including highlights of the demand drivers andgrowth stimulators for the industry. It also provides a snapshot of the countrys expenditure
and modernization patterns
- Budget allocation and key challenges: insights into procurement schedules formulated
within the country and a breakdown of the defense budget. It also details the key challenges
faced by defense market participants within the country
- Porters Five Force analysis of the Sri Lankan 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 countrys imports and
exports over the last five years
- Market opportunities: details of the top five defense investment opportunities over the next
10 years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the
Sri Lankan defense industry. It provides an overview of key players, together with insights
such as key alliances, strategic initiatives, and a brief financial analysis
Scope
- The Sri Lankan defense budget is valued at US$2 billion in 2017, and registered a CAGR of
4.11% during the historic period. The post-war rehabilitation, threat of the re-emergence of
LTTE affiliates, and a tense relationship with India drove the Sri Lankan defense
expenditure during the historic period. With this trend expected to continue over the
forecast period.
- The capital expenditure allocation, which stood at an average of 13% during the historic
period, is expected to decrease to an average of 6.6% during the forecast period.
- This is primarily due to the procurement of advanced defense equipment and focus on
increasing the indigenous defense manufacturing capabilities.
- Key opportunities for equipment suppliers are expected in sectors such as patrol vessels
and naval infrastructure, combat aircraft, and transport helicopters.
- Consequently, revenue expenditure is expected to increase from an average of 87% during
the historic period to an average of 93.4% over the forecast period, which will be directed
towards additional recruitment, training, and development programs for military personnel.
- The MoD is expected to invest in Infrastructure development, Facilities management and
MRO for patrol vessels and corvettes.
Reasons to buy
- This report will give the user confidence to make the correct business decisions based on a
detailed analysis of the Sri Lankan 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 informationabout 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 Sri Lankan defense industry covering sections including
demand drivers, Porters Five Forces Analysis, Key Trends and Growth Stimulators, and
latest industry contracts
Table of contents:
Table of Contents
1. Introduction 7
1.1. What is this Report About? 7
1.2. Definitions 7
1.3. Summary Methodology 9
1.4. About Strategic Defence Intelligence 10
2. Executive Summary 11
3. Market Attractiveness and Emerging Opportunities 13
3.1. Current Market Scenario 14
3.1.1. Primary threat perception 14
3.1.2. Military Doctrine & Strategy 15
3.1.3. Military Fleet Size 16
3.1.4. Procurement Programs 19
3.1.5. Ongoing procurement programs 19
3.1.6. Future procurement programs 19
3.1.7. Social, Political and Economic Environment & Support for Defense Projects 20
3.1.8. Political & Strategic Alliances 21
3.2. Defense Market Size Historical and Forecast 22
3.2.1. Sri Lankan defense budget to grow at a CAGR of 1.24% during 2018-2022 to value
US$2 billion in 2022 22
3.2.2. The re-emergence of the LTTE, geopolitics of Indian Ocean & balancing relationships
with regional superpowers are expected to drive Sri Lankan defense expenditure 25
3.2.3. Sri Lankan defense expenditure as a percentage of GDP is expected to decrease to an
average of 1.8% during 2018-2022 27
3.3. Analysis of Defense Budget Allocation 29
3.3.1. Share of capital expenditure expected to increase over forecast period 29
3.3.2. Capital expenditure to increase at a CAGR of 3.38% during the forecast period 31
3.3.3. Sri Lankan Army accounts for the largest share of defense expenditure 33
3.3.4. The country is expected to invest US$5.3 billion in its army during the forecast period
35
3.3.5. Naval defense budget projected to grow at a CAGR of 1.21% during the forecastperiod 37
3.3.6. Air force expenditure expected to register a CAGR of 1.71% during the forecast
period 38
3.3.7. Per capita defense expenditure expected to increase over the forecast period 41
3.4. Homeland Security Market Size and Forecast 42
3.4.1. Sri Lankan homeland security expected to grow steadily over the forecast period 42
3.4.2. Maritime security, Counterterrorism, and countering violent extremism are expected
to drive Sri Lankan homeland security expenditure 43
3.4.3. Sri Lank falls under highly affected terrorism category 44
3.4.4. Sri Lanka is highly affected by terrorism 46
3.4.5. Sri Lanka has a terrorism index score of 3.5 48
3.5. Benchmarking with Key Global Markets 49
3.5.1. Sri Lankan defense budget expected to increase over the forecast period 49
3.5.2. Sri Lankan military expenditure remains limited compared to countries with the
largest defense expenditure 51
3.5.3. Sri Lanka spent over 2.3% of its GDP on defense in 2017 52
3.6. Market Opportunities: Key Trends and Growth Stimulators 53
3.6.1. Demand for infrastructure construction expected to increase over the forecast period
53
3.6.2. Facilities Management 54
3.6.3. Corvette MRO 56
4. Defense Procurement Market Dynamics 57
4.1. Import Market Dynamics 58
4.1.1. Defense imports are expected to remain low during the forecast period. 58
4.1.2. Sri Lanka sourced the majority of its arms imports from Russia 59
4.1.3. Ships and aircraft dominated military hardware imports 60
4.2. Export Market Dynamics 61
4.2.1. The country exported negligible defense goods during 2012-2016 61
5. Industry Dynamics 62
5.1. Five Forces Analysis 62
5.1.1. Bargaining power of supplier: low 63
5.1.2. Bargaining power of buyer: medium 63
5.1.3. Barrier to entry: medium 63
5.1.4. Intensity of rivalry: low 63
5.1.5. Threat of substitution: high 63
6. Market Entry Strategy 64
6.1. Market Regulation 64
6.1.1. Undisclosed FDI policy relating to defense 64
6.2. Market Entry Route 65
6.2.1. Budgeting Process 65
6.2.2. Procurement Policy & Process 67
6.2.3. Cooperative agreement and partnerships an easier way to access the Sri Lanka
defense market 68
6.2.4. Equipment manufacturers enter the market through direct sales 686.3. Key Challenges 69
6.3.1. Corruption and lack of transparency pose an obstacle for market entry 69
6.3.2. Underdeveloped domestic industry and internal instability discourages foreign
participation 69
6.3.3. Limited defense budget deters investors from market entry 69
7. Competitive Landscape and Strategic Insights 70
7.1. Competitive Landscape Overview 70
7.1.1. Colombo Dockyard Plc.: overview 70
7.1.2. Colombo Dockyard Plc.: products 70
7.1.3. Colombo Dockyard Plc.: recent announcements and strategic initiatives 71
7.1.4. Colombo Dockyard Plc: alliances 71
7.1.5. Colombo Dockyard Plc.: recent contract wins 71
8. Business Environment and Country Risk 72
8.1. Economic Performance 72
8.1.1. Gross Domestic per Capita 72
8.1.2. Gross Domestic Product, current US$ 73
8.1.3. Exports of Goods