Asia-Pacific Defense Budget Analysis 2023: Increased Spending Drives Transformational Growth through the Proliferation of the Domestic Industry

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Jun 02, 2023, 12:45 ET

DUBLIN, June 2, 2023 /PRNewswire/ -- The "Asia-Pacific Defense Budget Analysis, 2023" report has been added to ResearchAndMarkets.com's offering.

This research service focuses on defense spending activities in the Asia-Pacific (APAC) region, with an emphasis on select countries, that is, Australia, India, Japan, Singapore, and South Korea. It briefly analyzes the estimated defense budgets of the focus countries for 2023.

The study provides a snapshot of the APAC defense market, including industry trends, key challenges, and competitive landscape, and it outlines the major product categories projected to drive market growth. The study also highlights growth opportunities and technology interests.

As leading economies continue rapid military modernization amidst heightened perceptions of regional security threats, the APAC defense market is poised for robust growth throughout the study period (2022-2029). The stricter enforcement of local mandates on defense import restrictions and the proliferation of domestic defense industries will support market expansion. The research service emphasizes the need for higher investment in research and development (R&D) and partnerships among and between foreign and domestic defense companies to stay competitive in the market.

Key Topics Covered:

1. Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top 3 Strategic Imperatives on the Asia-Pacific Defense Budget 2023
Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Opportunity Analysis

Scope
Growth Drivers
Growth Restraints
Regional Overview
Top Regional Military Spenders
Defense Budget Overview - Focus Countries
Notable Defense Partnerships
Country Profile - Australia
Notable Defense Activities - Australia
Top Product Categories - Australia
Australian Defense Companies
Country Profile - Japan
Notable Defense Activities - Japan
Top Product Categories - Japan
Japanese Defense Companies
Country Profile - India
Notable Defense Activities - India
Top Product Categories - India
Indian Defense Companies
Country Profile - Singapore
Notable Defense Activities - Singapore
Top Product Categories - Singapore
Singaporean Defense Companies
Country Profile - South Korea
Notable Defense Activities - South Korea
Top Product Categories - South Korea
South Korean Defense Companies
Other Notable Countries
Conclusion and Future Outlook

3. Growth Opportunity Universe

Growth Opportunity 1 - Joint R&D Activities
Growth Opportunity 2 - Training and Simulation
Growth Opportunity 3 - Multi-domain C4ISR Solutions

4. List of Exhibits

For more information about this report visit https://www.researchandmarkets.com/r/5gxupx

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