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The Future of the Indonesian Defense Industry (2018-2023): Defense Expenditure Anticipated to Reach US$8.6 Billion in 2019, and is Projected to Exceed US$11 Billion by 2023 - ResearchAndMarkets.com

January 11, 2019

DUBLIN--(BUSINESS WIRE)--Jan 11, 2019--The “Future of the Indonesian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023” report has been added to ResearchAndMarkets.com’s offering.

This report 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.

This report offers detailed analysis of the Indonesian 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.

Scope

Indonesian defense expenditure is forecasted to value US$8.6 billion in 2019 and is expected to grow at a CAGR of 6.52% during the forecast period to value US$11.1 billion in 2023. The economy has been growing at an average rate of 3.8% historically, and this has fueled the growth in the defense expenditure. In terms of local currency, the budget allocation for capital expenditure increased from IDR21.4 trillion in 2014 to IDR28.8 trillion in 2018, and registered a CAGR of 7.73%. The MoD is expected to invest in land based C4ISR, infrastructure construction and Maritime surveillance and detection among others.

Companies Featured

PT Dirgantara Indonesia PAL Indonesia PT Pindad Dok & Perkapalan PT Dahana PT Multiintegra Radar and Communications Systems PT SOG Indonesia

Topics Covered

1. Introduction

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

4. Defense Procurement Market Dynamics

5. Industry Dynamics

6. Market Entry Strategy

7. Competitive Landscape and Strategic Insights

8. Business Environment and Country Risk

For more information about this report visit https://www.researchandmarkets.com/research/fdljt6/the_future_of_the?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190111005163/en/

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Related Topics:Military Aerospace and Defense

KEYWORD: ASIA PACIFIC INDONESIA

INDUSTRY KEYWORD: MANUFACTURING AEROSPACE DEFENSE OTHER DEFENSE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/11/2019 07:26 AM/DISC: 01/11/2019 07:26 AM

http://www.businesswire.com/news/home/20190111005163/en

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