The Turkish Defense Sector - Market Opportunities And Entry Strategies, Analyses And Forecasts=

Summary

Summary

This report offers insights into the market opportunities and entry strategies adopted by foreign OEMs

(original equipment manufacturers) to gain a market share in the Turkish defense industry. In

particular, it offers in-depth analysis of the following:

Market opportunity and attractiveness: detailed analysis of the current industry size and

growth expectations during 20102015, 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.

Procurement dynamics: trend analysis of imports and exports, together with its implications and impact on the Turkish defense industry.

Scope

analysis of Defense industry market size from 2004 through 2009 and forecasts till 2015

analysis of defense budget allocation

Benchmarking with key global markets

Market opportunities

Reasons To Buy

Gain insight into Turkish defense industry with current, historic and forecast market values

Get insight on market opportunity and attractiveness

Get insight on industry procurement dynamics

Key Highlights

Military expenditure in Turkey was estimated to value US$13.7 billion in 2010, and consequently the Turkish defense industry is one of the most attractive markets in Asia. During the review period, defense expenditure grew at a CAGR of 3.89%, and throughout the forecast period it is expected to record a CAGR of 4.90%, to reach a value of US$17.5 billion by 2015. The countrys defense expenditure will largely be driven by a strained relationship with Greece, persistent terror threats and instability within the region.

Keywords

Defense, Turkey, Howaldtswerke-Deutsche Werft (HDW), Lockheed Martin, BAE Systems, Otokar, Roketsan, Makina ve Kimya Endstrisi Kurumu (MKEK), Aselsan, Turkish Aerospace Industries (TAI), HAVELSAN, Tusas Engine Industries, Inc (TEI), FNSS Defense Systems Co, Istanbul Shipyard, , , , , , , , , , , , , , , ,

Table of Contents :

1 Introduction

1.1 About this Report

1.2 Definitions

1.3 Methodology

1.3.1 Secondary research

1.3.2 Primary research

1.3.3 Conventions

1.4 ICD Research Terrorism Index

1.5 About ICD Research Defense Intelligence Center

2 Executive Summary

3 Market Attractiveness and Emerging Opportunities

List of Tables

Table 1: ICD Research Terrorism Index

Table 2: Top Country Ranking by Arms Imports, 200509*

Table 3: Top Country Ranking by Arms Exports, 200509*

Table 4: Defense Offset Regulations in Turkey

Table 5: Technological Cooperation, Investment, and R&D Multiplier Provision

List of Figures

Figure 1: Turkish Defense Market Size and Forecast (US$ Billion) , 200415F

Figure 2: Turkish Defense Expenditure as a Percentage of GDP (%), 200415F

Figure 3: Capital Expenditure and Revenue Expenditure Budget Allocation (%), 200415F

Figure 4: Turkish Homeland Security Market Size (US$ Billion), 200610

Figure 5: ICD Research Terrorism Heat Map

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