Press Release

visiongain

South Korean Defence Market 2023

February 24th, 2021 3:04 PM

With North Korea’s recent inflammatory rhetoric increasing tensions on the Korean peninsula, there has been a renewed focus by commentators and defence companies alike, on the overall military capabilities of the South Korean Armed Forces. Over the past 20 years, South Korea has emerged not only as a growing economic power, but also a nation with significant and highly advanced defence systems across air, land and sea. Throughout the next decade, South Korea will continue to invest in its defence budget on various projects and programmes including new fighter aircraft, helicopters, destroyers and armoured vehicles. The country’s unique defence partnership with the US, alongside its thriving market economy, business friendly environment and overall desire to develop its domestic defence industry to increase export rates, means that South Korea represents an important destination for investment in defence equipment. Visiongain has therefore determined that the value of the South Korean defence market will reach $30.40bn in 2013.

Why you should buy the South Korean Defence Market 2013-2023 report

• Stay ahead with this comprehensive analysis of the South Korean defence market prospects
– The report comprises 224 pages.
• Get ahead by studying highly quantitative content that delivers solid conclusions benefiting your research and analysis
– 212 tables, charts, and graphs quantifying and forecasting the South Korean defence market.
• Read an exclusive expert opinion interview from an industry specialist informing the analysis
– BAE Systems
• Forecasts of the South Korean defence market over the period 2013-2023
– The report provides an analytical overview with detailed spending projections and analysis of the South Korean defence market, the competitors, and drivers and restraints.
• Forecasts of the 2 main areas of spending within the South Korean national Defence Budget
– Force Improvement
– Force Maintenance
• Keep informed about the potential for each of the 3 subcategories with forecasts from 2013-2023
– Air Systems
– Ground Systems
– Naval Systems
• Learn about the opportunities in 16 South Korean Defence market submarkets, with market forecasts between 2013-2023:
– Fighter/ Combat Aircraft
– Transport/ Tanker Aircraft
– Military Helicopters
– Special Mission and C4ISR
– Air-Launched munitions
– Training, R&D and Other Systems
– Armoured Vehicles
– Transport/ Utility Vehicles
– Artillery/ Ground-based Munitions
– Ground-based C4ISR Systems
– Training, R&D and Other Systems
– Major Warships/ Submarines
– Minor Warships/ Support Vessels
– Naval- based C4ISR Systems
– Naval-Launched munitions
– Training, R&D and Other Systems
• Find out about the market dynamics & opportunities in 16 South Korean Defence market submarkets
• 16 detailed tables of significant contracts, projects & programmes
• Understand the competitive landscape with profiles of 15 leading companies operating within the South Korean defence market examining their positioning, products, services, focus, strategies and outlook.
– BAE Systems
– Boeing Company
– Daewoo Marine Shipbuilding and Engineering (DSME)
– Doosan Group
– Eurocopter
– Hanjin Heavy Industries and Construction
– Hanwha Group
– Hyundai Heavy Industries
– Korean Aerospace Industries (KAI)
– LIGNex1
– Lockheed Martin Corporation
– Poongsan Corporation
– Raytheon Company
– Samsung Techwin
– Samsung Thales
• Discover the qualitative analysis informing the market forecasts
– PEST/STEP analysis of social, technological, economic and political matters, revealing what drives and restrains the industry and the prospects for established companies and new market entrants.

What makes this report unique?

Visiongain consulted widely with industry experts and full transcripts from an exclusive interview with BAE Systems is included within the report. As such, our reports have a unique blend of primary and secondary sources providing informed analysis. This methodology allows insight into the key drivers and restraints behind market dynamics and competitive developments, as well as identifying the technological issues. The report therefore presents an ideal balance of qualitative analysis combined with extensive quantitative data including global, submarket and regional markets forecasts from 2013-2023 – all of which identify strategic business opportunities.

 

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