2 Market Attractiveness and Emerging Opportunities
2.1. Defense Market Size Historical and Forecast
2.1.1. Turkey defense expenditure expected to grow steadily during the forecast
2.1.2. A strained relationship with Greece, instability within the region, peacekeeping missions, and a reduction in foreign dependency for military equipment will drive Turkish defense expenditure over the forecast period
2.1.3. Military expenditure as a percentage of GDP is expected to decline during 2016–2020
2.2. Analysis of Defense Budget Allocation
2.2.1. Capital expenditure share expected to increase over the forecast period
2.2.2. Capital expenditure expected to increase over the forecast period
2.2.3. Turkeys revenue expenditure expected to register a growth rate of 5.62% during the forecast period
2.2.4. Per-Capita defense expenditure expected to increase over the forecast period
2.3. Homeland Security Market Size and Forecast
2.3.1. Homeland security (HLS) expenditure expected to grow steadily during the forecast period
2.3.2. Threats from separatists and extremists, Syrian conflict, illegal immigration, and drug trade to drive homeland security expenditure
2.3.3. Turkey faces a moderate level of terrorist threat
2.4. Benchmarking with Key Global Markets
2.4.1. Turkish defense expenditure expected to remain low compared to leading spenders
2.4.2. The country’s defense budget is high compared to its regional countries
2.4.3. Turkey defense expenditure as a percentage of GDP is expected to decrease
2.4.4. Turkey faces moderate threat from foreign terrorist organizations
2.5. Market Opportunities: Key Trends and Growth Stimulators
The Turkish Defense Industry - Market Attractiveness and Emerging Opportunities to 2020: Market Profile
This report provides a detailed analysis of the current industry size and growth expectations during 2013–18, including highlights of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
SDI's The Turkish Defense Industry - Market Attractiveness and Emerging Opportunities to 2020: Market Profile is an essential source of information covering the market attractiveness and emerging opportunities of the defense industry in Turkey.
Turkey’s defense budget values US$12.2 billion in 2015, registering a CAGR of -3.70% during the historic period. Even though the defense budget increased in local currency terms, it reflected a declining trend in terms of US dollars due to fluctuations in the exchange rate.
Reasons To Buy
The Turkish Defense Industry - Market Attractiveness and Emerging Opportunities to 2020: Market Profile allows you to:
Understand the market size and forecasts of the Turkey defense industry.
Understand the budget allocation of the Turkey defense industry.
Gain knowledge on Homeland Security market size and forecast.
Gain insight into the benchmarking data with Key global markets.
Understand the key trends and growth stimulators of the Turkey defense industry.