Trends in Aerospace and Defense Industries

Relative to Europe and the Americas, Asia's security situation is increasingly fluid.  Emerging superpowers, weapons proliferation and nuclear tensions are key movements in the defense industry.

Increased nuclearization among Emerging Markets, particularly China, India, Pakistan, and Iran, has created geopolitical tensions and new demands for defense offerings.  Meanwhile, political calls are growing in developed nations for collaborative efforts toward reduced nuclearization. 

Conversely, weapons imports have grown dramatically in South East Asia over the past few years.  Malaysia, Singapore and Indonesia are leading the growth with triple and double digit growth in weapons imports.  

In addition, defense budgets in Asia are on the rise.  The rise is being lead by regional tensions and a desire for more sophisticated technologies.  Recently China has publicly announced its advanced capabilities to destroy ballistic missiles and demonstrated its defense capabilities in space.

Analysts expect increased demand from Asian governments.  Asian companies may continue collaboration with established defense companies primarily in developed nations for cutting edge weapons development. 

Western aerospace and defense giants have emphasized their offerings of unmanned systems, aircraft, energy systems and cyber technology to, what industry giants consider, one of their most important markets.  While leadership in the defense industry is led by developed nations, industry observers are increasingly curious when Asia will be able to take a greater role in developing weaponry on a larger, more self-sufficient scale.  

SIS International Market Research

Comments

[eInfochips Marketing]

eInfochips offers Hardware and Software development services as per DO-254 and DO-178B standards respectively for aerospace and defense companies.For more information please visit our website Aerospace and Defense Solutions
and see the video available at Aerospace and Defense Expertise</a

[Distance Sensor]

Sensors are transforming the way engineers think about sensing