Future of the Chinese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022

Future of the Chinese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022

Summary

The Future of the Chinese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022, published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

Synopsis

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.
In particular, it provides an in-depth analysis of the following -
- The Chinese defense industry market size and drivers: detailed analysis of the Chinese defense industry during 2018-2022, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s expenditure and modernization patterns
- Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
- Porter’s Five Force analysis of the Chinese defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry
- Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
- Market opportunities: details of the top five defense investment opportunities over the next 10 years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Chinese defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

Scope

- China is the second largest defense spender globally after the US. The country’s large military budget is primarily driven by its robust economic growth and its desire to match-up with the US in terms of military capabilities. Additionally, China shares its borders with 14 countries, and is involved in several border disputes which increase the need to invest in the recruitment and maintenance of a large number of troops to prevent infiltration or other hostile acts. The Chinese defense budget grew at a CAGR of 7.33% during 2013-2017, from US$115.9 billion in 2013 to US$153.9 billion in 2017.
- China’s military modernization plans require a huge capital inflow and the government is expected to meet the requirements of these programs over the forecast period. The country’s defense capital expenditure increased from US$37.9 billion in 2013 to US$50.4 billion in 2017, growing at a CAGR of 7.37%.
- Initiatives to combat organized crime and increase border security expenditure, and investments in infrastructure development, have driven the homeland security budget between 2013 and 2017. Over the forecast period, these factors are expected to continue to drive the country’s defense expenditure.

Reasons to buy

- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Chinese defense industry market trends for the coming five years
- The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period
- Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins, and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector
- A deep qualitative analysis of the Chinese defense industry covering sections including demand drivers, Porter’s Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts


1. Introduction 8
1.1. What is this Report About? 8
1.2. Definitions 8
1.3. Summary Methodology 10
1.4. About Strategic Defence Intelligence 11
2. Executive Summary 12
3. Market Attractiveness and Emerging Opportunities 14
3.1. Current Market Scenario 15
3.1.1. Primary Threat Perception 15
3.1.2. Military Doctrine & Strategy 17
3.1.3. Military Fleet Size 19
3.1.4. Procurement Programs 24
3.1.5. Social, Political and Economic Environment and Support for Defense Projects 26
3.1.6. Political and Strategic Alliances 27
3.2. Defense Market Size Historical and Forecast 28
3.2.1. Chinese defense expenditure is expected to increase at a CAGR of 7.81% over the forecast period 28
3.2.2. Race over military supremacy, territorial disputes, peacekeeping missions, increasing tension with the US, and research and development are the main factors driving Chinese defense expenditure 31
3.2.3. Chinese defense budget as a percentage of GDP is expected to remain stable 33
3.3. Analysis of Defense Budget Allocation 35
3.3.1. China to allocate a high percentage share towards revenue expenditure over the forecast period 35
3.3.2. Defense capital expenditure is expected to increase at a CAGR of 7.82% over the forecast period 37
3.3.3. Per capita defense expenditure is expected to increase substantially during the forecast period 39
3.4. Homeland Security Market Size and Forecast 41
3.4.1. Chinese homeland security is expected to reach US$38.4 billion by 2022 41
3.4.2. Organized crime, terrorism threats, and cyber protection are expected to drive Chinese homeland security expenditure 44
3.4.3. China falls under the “highly affected†terrorism category 46
3.4.4. China is “highly affected†by terrorism as per the Terrorism Index 47
3.4.5. China has a terrorism index score of 6.1 49
3.5. Benchmarking with Key Global Markets 50
3.5.1. China is anticipated to be the largest defense spender in Asia over the forecast period 50
3.5.2. China has the second largest defense budget in the world 52
3.5.3. China allocates a lower share of GDP to defense compared to the US and other Asian countries 53
3.6. Market Opportunities: Key Trends and Growth Stimulators 54
3.6.1. Missile defense systems 54
3.6.2. Surface-to-air missiles 55
3.6.3. Multirole aircraft 56
3.6.4. Infrastructure construction 57
3.6.5. Transport Aircraft 59
4. Defense Procurement Market Dynamics 60
4.1. Import Market Dynamics 61
4.1.1. China is expected to import fewer weapons over the forecast period 61
4.1.2. Russia accounts for the majority of Chinese defense imports 62
4.1.3. Aircraft, engines, and naval vessels are the most imported military hardware 63
4.2. Export Market Dynamics 64
4.2.1. Defense exports are expected to grow over the forecast period 64
4.2.2. Pakistan emerged as the biggest importer of Chinese low-cost defense equipment exports 65
4.2.3. Chinese aircraft and naval vessel exports expected to increase 66
5. Industry Dynamics 67
5.1. Five Forces Analysis 67
5.1.1. Bargaining Power of Supplier: High 68
5.1.2. Bargaining Power of Buyer: Medium 68
5.1.3. Barriers to Entry: High 68
5.1.4. Intensity of Rivalry: Low 69
5.1.5. Threat of Substitution: Low 69
6. Market Entry Strategy 70
6.1. Market Regulation 70
6.1.1. The Chinese military-industrial complex opens up to private sector participation 70
6.1.2. Defense industry remains closed to foreign direct investment 70
6.2. Market Entry Route 71
6.2.1. Budget Process 71
6.2.2. Procurement Policy and Process 71
6.2.3. Foreign technology finds its way into the Chinese defense industry through civil-military integration 71
6.3. Key Challenges 73
6.3.1. Lack of competition and long production cycles continue to hamper the performance of the Chinese defense industry 73
6.3.2. Arms embargo imposed by the US and EU 73
7. Competitive Landscape and Strategic Insights 74
7.1. Competitive Landscape Overview 74
7.1.1. State-owned enterprises are the only major players in China’s defense industry 74
7.1.2. Foreign technology enters the Chinese defense market by supplying civil use products 76
7.2. Key Domestic Companies 77
7.2.1. China North Industries Corporation: Overview 77
7.2.2. China North Industries Corporation: Products 77
7.2.3. China North Industries Corporation: Recent Announcements and Strategic Initiatives 78
7.2.4. China North Industries Corporation: Alliances 79
7.2.5. China North Industries Corporation: Recent Contract Wins 80
7.2.6. China Electronics Technology Group Corporation: Overview 81
7.2.7. China Electronics Technology Group Corporation: Products 81
7.2.8. China Electronics Technology Group Corporation: Recent Announcements and Strategic Initiatives 82
7.2.9. China Electronics Technology Group Corporation: Alliances 83
7.2.10. China Electronics Technology Group Corporation: Recent Contract Wins 83
7.2.11. Aviation Industry Corporation of China: Overview 84
7.2.12. Aviation Industry Corporation of China: Products 84
7.2.13. Aviation Industry Corporation of China: Recent Announcements and Strategic Initiatives 84
7.2.14. Aviation Industry Corporation of China: Alliances 86
7.2.15. Aviation Industry Corporation of China: Recent Contract Wins 86
7.2.16. China National Nuclear Corporation: Overview 87
7.2.17. China National Nuclear Corporation: Services 87
7.2.18. China National Nuclear Corporation: Recent Announcements and Strategic Initiatives 88
7.2.19. China National Nuclear Corporation: Alliances 89
7.2.20. China National Nuclear Corporation: Recent Contract Wins 90
7.2.21. China Nuclear Engineering and Construction Corporation: Overview 91
7.2.22. China Nuclear Engineering and Construction Corporation: Services 91
7.2.23. China Nuclear Engineering and Construction Corporation: Recent Announcements and Strategic Initiatives 91
7.2.24. China Nuclear Engineering and Construction Corporation: Alliances 92
7.2.25. China Aerospace Science and Industry Corporation: Overview 93
7.2.26. China Aerospace Science and Industry Corporation: Products 93
7.2.27. China Aerospace Science and Industry Corporation: Recent Announcements and Strategic Initiatives 94
7.2.28. China Aerospace Science and Industry Corporation: Alliances 94
7.2.29. China Aerospace Science and Technology Corporation: Overview 95
7.2.30. China Aerospace Science and Technology Corporation: Products 95
7.2.31. China Aerospace Science and Technology Corporation: Recent Announcements and Strategic Initiatives 95
7.2.32. China Aerospace Science and Technology Corporation: Alliances 96
7.2.33. China State Shipbuilding Corporation: Overview 97
7.2.34. China State Shipbuilding Corporation: Products 97
7.2.35. China State Shipbuilding Corporation: Recent Announcements and Strategic Initiatives 98
7.2.36. China State Shipbuilding Corporation: Alliances 98
7.2.37. China State Shipbuilding Corporation: Recent Contract Wins 99
7.2.38. China National Electronics Import and Export Corporation: Overview 100
7.2.39. China National Electronics Import and Export Corporation: Products 100
7.2.40. China National Aero-Technology Import and Export Corporation: Overview 101
7.2.41. China National Aero-Technology Import and Export Corporation: Products 101
7.2.42. China National Aero-Technology Import and Export Corporation: Recent Announcements and Strategic Initiatives 102
8. Business Environment and Country Risk 103
8.1. Economic Performance 103
8.1.1. Gross Domestic Product per Capita 103
8.1.2. Gross Domestic Product (Current US$ Billion) 104
8.1.3. Exports of Goods and Services in LCU 105
8.1.4. Imports of Goods and Services in LCU 106
8.1.5. LCU per US$ 107
8.1.6. Market Capitalization of Listed Companies (US$ Billion) 108
8.1.7. Market Capitalization of Listed Companies (Percentage of GDP) 109
8.1.8. Goods Exports as a Percentage of GDP 110
8.1.9. Goods Imports as a Percentage of GDP 111
8.1.10. Services Imports as a Percentage of GDP 112
8.1.11. Services Exports as a Percentage of GDP 113
8.1.12. Net Foreign Direct Investment (BoP, current US$ Billion) 114
8.1.13. Net FDI as a Percentage of GDP 115
8.1.14. Mining, Manufacturing, Utilities Output 116
9. Appendix 116
9.1. About SDI 117
9.2. Disclaimer 117


List Of Tables

List of Tables
Table 1: China - Defense Modernization 18
Table 2: Chinese Army Strength 19
Table 3: Chinese Air Force Strength 20
Table 4: Chinese Navy Strength 22
Table 5: China - Ongoing Development and Procurement Programs 24
Table 6: China - Future Procurement Programs 25
Table 7: China Defense Expenditure (CYN Billion & US$ Billion), 2013-2022 29
Table 8: China GDP Growth and Defense Expenditure as a % of GDP Growth, 2013-2022 33
Table 9: China Defense Expenditure Split Between Capital and Revenue Expenditure (%), 2013-2022 35
Table 10: China Defense Capital Expenditure (CYN Billion & US$ Billion), 2013-2022 37
Table 11: China Per Capita Defense Expenditure (US$), 2013-2022 39
Table 12: China Homeland Security Expenditure (CYN Billion & US$ Billion), 2013-2022 42
Table 13: Terrorism Index 47
Table 14: Benchmarking with Key Markets - 2013-2017 vs. 2018-2022 50
Table 15: Chinese Budget Formation Timetable 71
Table 16: Competitive Landscape of the Chinese Defense Industry 75
Table 17: Chinese Military-Industrial Complex - Competitive Landscape 76
Table 18: China North Industries Corporation - Product Focus 77
Table 19: China North Industries Corporation - Alliances 79
Table 20: China North Industries Corporation - Recent Contract Wins 80
Table 21: China Electronics Technology Group Corporation - Product Focus 81
Table 22: China Electronics Technology Group Corporation - Alliances 83
Table 23: China Electronics Technology Group Corporation - Recent Contract Wins 83
Table 24: Aviation Industry Corporation of China - Product Focus 84
Table 25: Aviation Industry Corporation of China - Alliances 86
Table 26: Aviation Industry Corporation of China: Recent Contract Wins 86
Table 27: China National Nuclear Corporation - Services Focus 87
Table 28: China National Nuclear Corporation - Alliances 89
Table 29: China National Nuclear Corporation - Recent Contract Wins 90
Table 30: China Nuclear Engineering and Construction Corporation - Services Focus 91
Table 31: China Nuclear Engineering and Construction Corporation- Alliances 92
Table 32: China Aerospace Science and Industry Corporation - Product Focus 93
Table 33: China Aerospace Science and Industry Corporation - Alliances 94
Table 34: China Aerospace Science and Technology Corporation - Product Focus 95
Table 35: China Aerospace Science and Technology Corporation- Alliances 96
Table 36: China State Shipbuilding Corporation - Product Focus 97
Table 37: China State Shipbuilding Corporation - Alliances 98
Table 38: China State Shipbuilding Corporation: Recent Contract Wins 99
Table 39: China National Electronics Import and Export Corporation - Product Focus 100
Table 40: China National Aero-Technology Import and Export Corporation - Product Focus 101


Future of Work in Consumer - Thematic Research

Future of Work in Consumer - Thematic ResearchThis report provides an overview of how FMCG companies are adapting for the future of work. It looks at how particular technologies have

USD 1950 View Report

FTTH Opportunities after COVID-19 - From new public finance to the future of work

FTTH Opportunities after COVID-19 - From new public finance to the future of work market research report available in single user pdf license with Aarkstore Enterprise at USD 2750

USD 2750 View Report

Analysis of the 2021 Component Shortage in the Communication Industry and Its Outlook

Supply chains in the communications industry faced a near perfect storm in 2020 caused by the coronavirus pandemic and U.S.-China trade war. In the first quarter of 2021, those same

USD 1200 View Report

Analysing the Commercial Impact of the reform of European Soccer Competitions

Analysing the Commercial Impact of the reform of European Soccer CompetitionsThis report analyses the commercial impact of European club football competition reformsA detailed analysis of the reasons why European club

USD 1250 View Report

Fill The Form For Sample Request

Note : * Kindly provide us with your company id and get the sample reports at the earliest.

There is no Reviews available