Defense Spending in South Korea
January 2017
33
About the Report
About the Report
Defense Spending in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Findings
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the defense spending market in South Korea
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the defense spending market in South Korea
Leading company profiles reveal details of key defense spending market players' global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Korea defense spending market with five year forecasts by both value and volume
Synopsis
Essential resource for top-line data and analysis covering the South Korea defense spending market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons to Buy
What was the size of the South Korea defense spending market by value in 2016?
What will be the size of the South Korea defense spending market in 2021?
What factors are affecting the strength of competition in the South Korea defense spending market?
How has the market performed over the last five years?
What are the main segments that make up South Korea's defense spending market?
Key Highlights
Defense spending covers capital items, military personnel, government defense agencies, and related expenditure on defense and peacekeeping. The defense market is segmented to include expenditure on the army, navy, air force, and others. Volume is measured as the active serving personnel in the national army, air force, navy (including marines and coast guard) and other elements of the service, such as Joint Staff. Any currency conversions used in the creation of this report have been calculated using constant 2015 annual average exchange rates.
The South Korean defense spending market is expected to generate total budget allocation of $37.8bn in 2016, representing a compound annual growth rate (CAGR) of 4.7% between 2012 and 2016.
Market consumption volume is forecast to decline with a compound annual rate of change (CARC) of -1.3% between 2012-2016, to reach a total of 626.3 thousand personnel in 2016.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 6% for the five-year period 2016 - 2021, which is expected to drive the market to a value of $50.5bn by the end of 2021.
Products
Products
Defense Spending, South Korea, MarketLine
Companies
Hanwha Techwin Co., Ltd, Korea Aerospace Industries, Ltd., LIG Nex1
Table of Contents
Table of Contents
Executive Summary
Market value
Market value forecast
Market volume
Market volume forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market volume
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Market volume forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Hanwha Techwin Co., Ltd
Korea Aerospace Industries, Ltd.
LIG Nex
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Figure
Figure 1: South Korea defense spending market value: $ billion, 2012-16(e)
Figure 2: South Korea defense spending market volume: thousand personnel, 2012-16(e)
Figure 3: South Korea defense spending market category segmentation: % share, by value, 2016(e)
Figure 4: South Korea defense spending market geography segmentation: % share, by value, 2016(e)
Figure 5: South Korea defense spending market value forecast: $ billion, 2016-21
Figure 6: South Korea defense spending market volume forecast: thousand personnel, 2016-21
Figure 7: Forces driving competition in the defense spending market in South Korea, 2016
Figure 8: Drivers of buyer power in the defense spending market in South Korea, 2016
Figure 9: Drivers of supplier power in the defense spending market in South Korea, 2016
Figure 10: Factors influencing the likelihood of new entrants in the defense spending market in South Korea, 2016
Figure 11: Factors influencing the threat of substitutes in the defense spending market in South Korea, 2016
Figure 12: Drivers of degree of rivalry in the defense spending market in South Korea, 2016
Figure 13: Hanwha Techwin Co., Ltd: revenues & profitability
Figure 14: Hanwha Techwin Co., Ltd: assets & liabilities
Figure 15: Korea Aerospace Industries, Ltd.: revenues & profitability
Figure 16: Korea Aerospace Industries, Ltd.: assets & liabilities
List of Table
Table 1: South Korea defense spending market value: $ billion, 2012-16(e)
Table 2: South Korea defense spending market volume: thousand personnel, 2012-16(e)
Table 3: South Korea defense spending market category segmentation: $ billion, 2016(e)
Table 4: South Korea defense spending market geography segmentation: $ billion, 2016(e)
Table 5: South Korea defense spending market value forecast: $ billion, 2016-21
Table 6: South Korea defense spending market volume forecast: thousand personnel, 2016-21
Table 7: Hanwha Techwin Co., Ltd: key facts
Table 8: Hanwha Techwin Co., Ltd: key financials ($)
Table 9: Hanwha Techwin Co., Ltd: key financials (KRW)
Table 10: Hanwha Techwin Co., Ltd: key financial ratios
Table 11: Korea Aerospace Industries, Ltd.: key facts
Table 12: Korea Aerospace Industries, Ltd.: key financials ($)
Table 13: Korea Aerospace Industries, Ltd.: key financials (KRW)
Table 14: Korea Aerospace Industries, Ltd.: key financial ratios
Table 15: LIG Nex1: key facts
Table 16: South Korea size of population (million), 2012-16
Table 17: South Korea gdp (constant 2005 prices, $ billion), 2012-16
Table 18: South Korea gdp (current prices, $ billion), 2012-16
Table 19: South Korea inflation, 2012-16
Table 20: South Korea consumer price index (absolute), 2012-16
Table 21: South Korea exchange rate, 2012-16
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