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Research the singaporean defense industry market opportunities and entry strategies, analyses and forecasts to 2017 aarkstore.com
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Product Synopsis
This report is the result of ICD Research / Strategic Defence Intelligence’s extensive market and
company research covering the Singaporean defense industry. It provides detailed analysis of
both historic and forecast defense industry values including key growth stimulators, analysis of
the leading companies in the industry, and key news.
Introduction and Landscape
Why was the report written?
The Singaporean Defense Industry Market Opportunities and Entry Strategies, Analyses and
Forecasts to 2017 offers the reader insights into the market opportunities and entry strategies
adopted by foreign original equipment manufacturers (OEMs) to gain market share in the
Singaporean defense industry.
What is the current market landscape and what is changing?
Singapore is the largest defense spender in South East Asia, and is among the world’s ten leading
2. arms importers. Singapore’s small population results in a small but well-equipped army whose
technological capabilities are constantly upgraded in order to compensate for its relatively small
size, and to ensure that the country is adequately defended. In 2012 the country allocated 24.5%
of its budget for defense expenditure and the majority of this was allocated to equipment
procurement. During the review period, Singapore’s defense expenditure was equal to an average
3.8% of GDP, and it is expected to register a marginal decrease to an average 3.7% over the
forecast period.
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