Defense Spending in South Korea

Introduction

Defense Spending in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the South Korea defense spending market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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: personnel; equipment; infrastructure; and other expenditure (which represents all other spending). 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 2011 annual average exchange rates.
• South Korean defense spending had total budget allocation of $28.4 billion in 2011, representing a compound annual growth rate (CAGR) of 6.4% between 2007 and 2011.
• The number of personnel employed in the defense sector decreased with a CARC of -2.4% between 2007 and 2011, to reach a total of 626.8 thousand personnel in 2011.
• Defense spending is forecast to decelerate, with an anticipated CAGR of 2.9% for the five-year period 2011 - 2016, which is expected to increase spend to a value of $32.7 billion by the end of 2016.

Features

Save time carrying out entry-level research by identifying the size, growth, 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

Macroeconomic indicators provide insight into general trends within the South Korea economy

Key Questions Answered

What was the size of the South Korea defense spending market by value in 2011?

What will be the size of the South Korea defense spending market in 2016?

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?