The Future of the Malaysian Defense Industry is set to see a growth of over 6% over the next five years

Friday 16 May 2014, Amsterdam

Report description overview:

The new Defense Business Confidence Report Q2 2014, now available on ASDReports, analyzes industry opinions on the latest economic and customer issues, and their impact on investment decisions and growth prospects within the defense industry. It analyzes the likely effect of supplier price changes, sales performance, and staff headcount within the industry over the next six months. By purchasing this report, you will obtain valuable executive opinions about the current and future state of the economy and its retrospective effect on the industry.

The difference:

• This report will assist you to make strategic decisions by understanding the present and future economic and consumer issues including key growth regions.
• You will be provided with a clear uncovering of the key challenges and opportunities which will assist you in identifying key priorities that are likely to affect the industry’s growth prospects.
• The report helps you to recognize the change in customer confidence levels in the global defense industry over the next six months. This will enable you to adjust your business arrangements should you be thinking of diversifying your production offerings, giving you the upper hand over competitors.

Report Highlight:

This report is the result of an extensive survey drawn from an exclusive panel of industry executives in April 2014. The report examines the prevailing economic conditions’ and executives’ opinions about the global market and the state of the economy across various regions.

Reduced armed conflict in Iraq and Afghanistan is forcing nations to reduce their budgets to purchase additional military equipment. A gradual decrease of regional tensions in the Middle East, with better economic performance in Asia-Pacific region has motivated defense organizations in these regions to increase focus on improving defense capabilities and equipping forces with advanced platforms and technologies.

The majority of respondents are optimistic about growth prospects of their individual organizations and the industry overall. The development of new technologies as per changing customer needs is a key factor affecting the growth of companies in 2014. Regional analysis reveals that optimism towards company growth is higher among those operating in Asia-Pacific and the Rest of the World, however pessimism towards company growth prospects is observed among respondents from Europe and North America.