Enhanced Productivity and Improved Competitiveness likely to upsurge Chinese Defense Industry: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report provides detailed analysis of both historic and forecast Chinese 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 Chinese 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. Over the last few years, China’s defense industry has been cherishing the most productive and lucrative years in its history. The growth of the Chinese Defense industry can be attributed toample state funding, suppressed domestic demand, and access to and development of critical technological know-how on equipment, aircrafts, shipbuilding, missiles etc. The country’s total defense expenditure during the forecast period i.e. 2016 to 2021 is expected to be USD 1007.1 billion. The average share of capital expenditure is expected to be 32.8% over the forecast period. Figure: Composition of the World’s Exports of Defense While China’s current exports constitute approximately 2.8% of total global defense exports, up from 2.1% in 2009- its total exports are estimated to be just under USD70 billion in 2013-it is clearly very competitive with recognized Western defense exporting nations, such as Spain, Italy, Sweden, and Canada and is closing the gap on Israel, Germany, and the United Kingdom. This improved competitiveness and upward movement in position as a defense exporter is likely to be continued over the next five years and beyond and will, therefore enable China to become a consistent competitor in the global arms market. China’s export activity has focused primarily on secondary and tertiary defense export markets that are under US or Western export sanctions (Iran, for example) or simply cannot afford or do not need the most expensive Western and Russian platforms and systems. These markets seek to balance “good enough” military technologies with cost, forgiving payment terms and, in a growing number of cases, a strong desire to build or enhance indigenous defense industry through production work-share and technology transfer programs. On the contention front, the China defense industry is dominated by several large conglomerates including the AVIC Group, China Shipbuilding Industry Corporation, China State Shipbuilding Corporation etc. Two state-owned Chinese firms effectively have joined the ranks of the world’s 10 largest defense companies in a sign of changing military budgets and export markets, according to a new report on the global arms industry. China North Industries Corp. and Aviation Industry Corp. of China sit atop as many as four other domestic producers in the global top 20. China North Industries, better known as Norinco, is the largest of 10 Chinese aerospace and defense holding companies atop a sprawling array of subsidiaries, some of which are listed in Hong Kong. Key Macroeconomic Trends Expected to Drive Growth of China Defensive Industry Many factors are predicted to drive China’s Defense Industry, among those increasing military expenditure of China, reducing import reliance, increasing economic growth and rising exports are believed to be the key factors. Some of the remarkable developments of this industry include increasing asset injections, changes in pricing models and management incentives as a part of the SOE reforms, increasing modernization of the PLA. However, the growth of respective industry is hindered by the lower profitability and lack of global competences.The key areas of investment are expected to be fighter and multi-role aircraft, submarines, helicopter, naval vessels, and missile defense systems. To know more on coverage, click on the link https://www.kenresearch.com/defense-and-security/defense/future-chinese-defense-industry/29889-16.html Related Reports https://www.kenresearch.com/defense-and-security/defense/future-japanese-defense-industry-market/23701-16.html https://www.kenresearch.com/defense-and-security/defense/future-uzbek-defense-industry-market/8170-16.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Tags: China Air Force Defense Expenditure, China Army defense Expenditure, China Ballistic Protection Market Size, China Defense Equipment Market, China Defense Expenditure, China Defense industry, China Defense Industry Major players, China Diesel Electric Submarine Market, China Homeland Security Market Size, China Multi-Role Aircraft Market Size, Global Military Armored Vehicles Market