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Defense Spending in China - Market Summary, Competitive Analysis and Forecast to 2025

Defense Spending in China - Market Summary, Competitive Analysis and Forecast to 2025

Summary

Defense Spending in China industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- Defense spending covers capital items, military personnel, government defense agencies, and related expenditure on defense and peacekeeping. The value of the market is taken to include both current and capital expenditure on the armed forces, including funding contributions to peacekeeping forces, such as the United Nations Peacekeeping Forces, defense ministries and other government agencies engaged in defense projects, paramilitary forces (when judged to be trained and equipped for military operations) and military space activities. Expenditure on personnel (including salaries and social services of both military and civil personnel, and retirement pensions of military personnel), procurement, research and development, infrastructure spending, military aid (taken as expenditure by the donor country) and general operations and maintenance are also included. Note that current expenditure on previous military activity such as veterans' benefits, weapon destruction, demobilization, and defense conversion are all excluded, as is expenditure on civil defense.
- The Chinese defense spending market had total budget allocation of $254.6bn in 2020, representing a compound annual growth rate (CAGR) of 5.1% between 2016 and 2020.
- Market consumption volumes declined with a compound annual rate of change (CARC) of -3.5% between 2016 and 2020, to reach a total of 2.3 million active serving personnel in 2020.
- Defense spending in China has displayed consistent healthy growth as the Chinese economy continues to thrive and China intends to rival the US in terms of global status.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the defense spending market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the defense spending market in China
- Leading company profiles reveal details of key defense spending market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China defense spending market with five year forecasts by both value and volume

Reasons to Buy

- What was the size of the China defense spending market by value in 2020?
- What will be the size of the China defense spending market in 2025?
- What factors are affecting the strength of competition in the China defense spending market?
- How has the market performed over the last five years?
- What are the main segments that make up China's defense spending market?

Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What was the rationale behind recent M&A activity?
7.4. Are there any trends impacting the market?
8 Company Profiles
8.1. AviChina Industry & Technology Co., Ltd.
8.2. China North Industries Corp
8.3. China Electronics Technology Group Corporation No.8 Research Institute
8.4. China South Industries Group Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List of Tables
Table 1: China defense spending market value: $ billion, 2016-20
Table 2: China defense spending market volume: thousand active serving personnel, 2016-20
Table 3: China defense spending market category segmentation: $ billion, 2020
Table 4: China defense spending market geography segmentation: $ billion, 2020
Table 5: China defense spending market value forecast: $ billion, 2020-25
Table 6: China defense spending market volume forecast: thousand active serving personnel, 2020-25
Table 7: AviChina Industry & Technology Co., Ltd.: key facts
Table 8: AviChina Industry & Technology Co., Ltd.: Annual Financial Ratios
Table 9: AviChina Industry & Technology Co., Ltd.: Key Employees
Table 10: China North Industries Corp: key facts
Table 11: China North Industries Corp: Key Employees
Table 12: China Electronics Technology Group Corporation No.8 Research Institute: key facts
Table 13: China Electronics Technology Group Corporation No.8 Research Institute: Key Employees
Table 14: China South Industries Group Corp: key facts
Table 15: China South Industries Group Corp: Key Employees
Table 16: China size of population (million), 2016-20
Table 17: China gdp (constant 2005 prices, $ billion), 2016-20
Table 18: China gdp (current prices, $ billion), 2016-20
Table 19: China inflation, 2016-20
Table 20: China consumer price index (absolute), 2016-20
Table 21: China exchange rate, 2016-20

List of Figures
Figure 1: China defense spending market value: $ billion, 2016-20
Figure 2: China defense spending market volume: thousand active serving personnel, 2016-20
Figure 3: China defense spending market category segmentation: % share, by value, 2020
Figure 4: China defense spending market geography segmentation: % share, by value, 2020
Figure 5: China defense spending market value forecast: $ billion, 2020-25
Figure 6: China defense spending market volume forecast: thousand active serving personnel, 2020-25
Figure 7: Forces driving competition in the defense spending market in China, 2020
Figure 8: Drivers of buyer power in the defense spending market in China, 2020
Figure 9: Drivers of supplier power in the defense spending market in China, 2020
Figure 10: Factors influencing the likelihood of new entrants in the defense spending market in China, 2020
Figure 11: Factors influencing the threat of substitutes in the defense spending market in China, 2020
Figure 12: Drivers of degree of rivalry in the defense spending market in China, 2020

Report Title: Defense Spending in China - Market Summary, Competitive Analysis and Forecast to 2025


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