Future of the Czech Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018

Future of the Czech Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain a market share in the Czech defense industry.

What is the current market landscape and what is changing?

Czech defense expenditure decreased at a CAGR of -5.91% during the review period and valued US$2.15 billion in 2013. The focus of the Czech government will be on peacekeeping operations and counter-terrorism activities

What are the key drivers behind recent market changes?

Peacekeeping operations and counter-terrorism activities are the major drivers of the Czech defense industry.

What makes this report unique and essential to read?

The Future of the Czech Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits

• The report provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators, and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas
• The report includes trend analysis of imports and exports, together with their implications and impact on the Czech defense industry.
• The report covers five forces analysis to identify various power centers in the industry and how these are expected to develop in the future.
• The report allows readers to identify possible ways to enter the market, together with detailed descriptions of how existing companies have entered the market, including key contracts, alliances, and strategic initiatives.
• The report helps the reader to understand the competitive landscape of the defense industry in Czech Republic. It provides an overview of key defense companies, both domestic and foreign, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Key Market Issues

• With a defense budget of US$2.4 billion, the Czech Republic invests a relatively small portion of its GDP towards defense in comparison with other European countries such as France and the UK. The country's defense budget is expected to expand marginally over the forecast period. Currently, capital expenditure accounts for only 22% of the country's total defense budget, which translates to a reduced allocation for the purchase of equipment and high-technology arms and ammunition. Consequently, the country's relatively small defense budget has become a barrier to entry for foreign companies. In addition, the supply of equipment from domestic defense companies is more than adequate to fulfill Czech defense requirements. This is a factor that causes many domestic companies to focus on the export of their products to other countries with more attractive opportunities and larger defense budgets. Although the country maintains an open economy and provides a number of investment incentives, a small defense budget, along with the existence of domestic companies with the ability to meet the requirements of the domestic defense industry, act as a key challenge for foreign companies interested in entering the Czech defense industry.
• Corruption has become a major obstacle for foreign companies aiming to enter the Czech domestic defense market, as it can result in unfair contract awards. In November 2010, former US ambassador to Prague, William J. Cabaniss, and the head of the Tatra's company supervisory board made allegations against former Czech deputy defense minister Martin Bartak. It was alleged that Mr. Bartak requested a large sum of money to settle problems faced by Tatra in connection with a 2008 military order. In February 2011, the Czech anti-corruption police proposed that charges be brought against 54 people; they were to be prosecuted for the extensive manipulation of public orders by the Defense Ministry during 2005-2007. Those involved included Defense Ministry employees and organizations that fell under its direct control. Whilst these have been relatively isolated case, it does indicate the extent to which corruption might prevail in the country, and has caused the Czech Ministry of the Interior to maintain a high level of focus on anti-corruption activities.

Key Highlights

• Foreign legal entities are allowed to conduct trade activities, including the acquisition of real estate, under the same conditions, and to the same extent as Czech companies. The establishment of a subsidiary provides the foreign company with easy access into the defense market, and assists in their connection with domestic companies as a number of the country's defense companies specialize in aviation services. Market entry through the formation of a subsidiary is a popular entry route into the Czech defense industry
• The Czech Republic imports the majority of its defense equipment from Spain, Austria, and the US. As fellow members of the European Union, Spain and the Czech Republic share a strong trade relationship. The Czech Republic has signed a leasing agreement with Sweden for the supply of 14 Swedish Gripen jet fighter airplanes during 2005-2015; Sweden's share of the country's overall arms imports is expected to increase over the forecast period as the lease deadline is achieved. The other main import partners of the Czech Republic include the US, Italy, Austria, and Germany.
• During the period 2008-2012, aircraft and armored vehicles accounted for 92.4% and 3.8% of the Czech Republic's arms exports respectively. The share of aircraft in the Czech Republic's overall defense exports increased from 92.4% in 2008 to 100% in 2011 due to an increase in exports to Afghanistan as a result of the Czech Republic's participation in peacekeeping operations in the country. During the forecast period, Czech defense exports are expected to grow, largely as a result of a number of deals that are expected to commence during the period such as the deal with Iraq for 28 L-159 trainers.

For more information visit: Future of the Czech Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018

Future of the Chilean Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018

Spanning over 109 pages this report provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, key news and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas. 

Future of the Chilean Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain a market share in the Chilean defense industry.

What is the current market landscape and what is changing?

After witnessing a decline at a CAGR of -2.06% during the review period, Chilean defense expenditure is valued at US$2.7 billion in 2013. The drastic fall in expenditure in 2012 was due to the transfer of the Carabineros de Chile and Investigations Police of Chile to the Ministry of Interior and Public Security (MoIPS) in 2011. During the forecast period, the country's defense expenditure is expected to continue growing, with a CAGR of 8.67%, to reach US$4.0 billion by 2018.

What are the key drivers behind recent market changes?

Border disputes and military modernization to drive defense expenditure.

What makes this report unique and essential to read?

The Future of the Chilean Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits

• The report provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators, and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
• The report includes trend analysis of imports and exports, together with their implications and impact on the Chilean defense industry.
• The report covers five forces analysis to identify various power centers in the industry and how these are expected to develop in the future.
• The report allows readers to identify possible ways to enter the market, together with detailed descriptions of how existing companies have entered the market, including key contracts, alliances, and strategic initiatives.
• The report helps the reader to understand the competitive landscape of the defense industry in Chile. It provides an overview of key defense companies, both domestic and foreign, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Key Market Issues

• The Chile defense procurement. In 2011, the new law replaced CRL funds with the Economic and Social Stabilization Fund (ESSF), which resulted in a reduction in the defense budget for 2012. An initiative in 2010 included a contingency fund to provide further resources in exceptional circumstances, such as the major reconstruction program following the devastating earthquake of February 2010, which has been the cause for much debatean Copper Reserve Law (CRL), initially imposed in 1958 as a 15% tax on mining profits, changed to a 10% tax on total sales from the state-run copper exporter Codelco in 1973. This law has resulted in a large amount of cash being injected into the Chilean armed forces, facilitating large-scale, with both sides finding support.
• The Chilean economy has begun to recover from the 2010 earthquake and tsunami crisis which caused damage worth US$30 billion disturbing all the sectors in the economy. To counter the mounting deficit and public debt, the government is cutting back on its expenditure, including that on defense. The focus sectors as per the 2013 federal budget are education, universities, research and development (RandD), and infrastructure to boost growth and the employment rate. With heavy dependence on copper exports which account for 55% of total exports, the economy might face trouble due to the fluctuating price of copper. This pattern may hamper the short term procurement and delay the modernization plan of the defense sector.

For more information visit: Future of the Chilean Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018

Key Highlights

• Chile hosts Exponaval, a biennial naval and maritime defense conference and exhibition sponsored by the Chilean Ministry of Defense (MoD) and Navy. Launched in 1998, the event provides a platform for global naval defense equipment manufacturers to showcase their products, such as naval aviation equipment, refitted ships, and support fleets. At the 2012 event, representatives from 29 countries, over 180 exhibitors, and 15,000 visitors attended the event, which generated business in excess of US$700 million.
• In recent years, there have been a growing number of joint ventures between international companies and governments, and their Chilean counterparts. The Chilean government encourages these joint ventures and technology-sharing agreements, which enables domestic firms to enhance their capabilities while enhancing diplomatic relations between the countries.
• During 2008-2012, Germany and Italy, with a share of 96% and 4% respectively, were the suppliers of military hardware to Chile. However, during 2011, Germany supplied 100% of the defense equipment to the country. Over the next five years, Chile's arms imports will continue to be dominated by European suppliers such as Germany, Italy, and France, as the country is an EU member and favors defense equipment manufactured by other member countries.

Browse More Manufacturing Industry Market Research Reports:   Manufacturing Industry Market Research Reports

2020 Foresight Report: No Safe Havens - Changes in Offshore Private Banking

Governments globally have been taking initiatives to curb offshore tax evasion for many years. However, this phenomenon has assumed increased urgency since 2008-2009 when economies across the world, developed nations in particular, were severely impacted financially. Their prime targets have been offshore tax havens such as Switzerland and Singapore. Coordinated and individual actions taken by different jurisdictions have significant ramifications for offshore wealth management companies and other institutions whose business is significantly driven by offshore deposits. 

For more information visit: 2020 Foresight Report: No Safe Havens - Changes in Offshore Private Banking

The economy at the forefront of fighting offshore tax evasion is the US. It has entered into agreements with several nations to ensure that their financial institutions implement the provisions of the Foreign Account Tax Compliance Act (FATCA), passed by US Congress. Under FATCA, the financial institutions of partner nations are required to give details of accounts held by US taxpayers with them, or be subject to a withholding tax of 30%. Jurisdictions such as the UK have been signing bilateral agreements with other economies, under which limited timeframe disclosure facilities are being offered to offshore account holders to come clean on their wealth or face penalties. Wealth management companies in tax havens entering into these agreements are expected to handle significant funds through tax payments by offshore account holders. This comes under the category of tax information exchange agreements, whereby financial institutions in treaty countries are required to submit client data.

The report provides analysis, information and insights on regulations for curbing offshore tax evasion implemented by various governments across key markets and their impact on wealth management companies:

• Intensive analysis of the measures being taken by some of the developed nations and emerging economies to mitigate offshore tax evasion by their taxpayers and the corresponding impact on wealth management companies
• Detailed analysis of the initiatives being taken by some tax havens in order to stop inflow of untaxed wealth and the specific effect this has on wealth management companies in their territories
• Insights into what wealth management companies can do to keep growing their business despite paucity of offshore funds due to punitive measures being imposed by the originating countries on concealed offshore incomes
• Provides a snapshot of the broader trends related to the growing prominence of certain locations as tax havens and the dynamics between onshore and offshore wealth due to taxing the previously untaxed offshore wealth

Scope

• This report provides a detailed analysis of measures being taken by some developed nations and emerging economies to mitigate tax evasion offshore by their tax payers
• It explains the key provisions of some of the important acts such as the Foreign Account Tax Compliance Act in the US
• It details the measures being taken by certain tax havens to reduce their geographies from being used to evade taxes
• It details the impact on wealth management companies that had previously derived a major share of their business from offshore wealth
• It details the market entry strategies and product, target and customer retention strategies used by various wealth management companies in the wealth management industry
• It suggests the new business models and marketing strategies to be adopted and the new geographies that have to be targeted by wealth management companies in tax havens to keep their business growing

Reasons To Buy

• Understand the significance of the measures being taken by some nations such as the US, the UK and Germany to tax the offshore concealed wealth of their taxpayers
• Comprehend the impact on wealth management companies whose business is driven mainly by offshore wealth
• Gain insights into the business models that have to be adopted, the inherent strengths that have to be highlighted and the jurisdictions that wealth management companies in offshore tax havens have to focus on to continue to expand their businesses

Key Highlights

• The US, through the medium of FATCA, has been putting the onus on financial institutions based out of its treaty partners to provide information about the US taxpayers holding accounts with them by a certain date or be subjected to withholding taxes.
• Countries such as the UK are mainly offering disclosure facilities to their citizens to come clean on their offshore wealth upon which they would be subjected to lower penalties.
• Some countries such as Germany are not hesitating from buying out stolen offshore bank data and based upon it are taking punitive measures both against those who have evaded their taxes and also the banks abetting them.
• Wealth management companies in offshore tax havens have to increasingly highlight the wealth management proficiencies that they have built over a period of time rather than highlighting confidentiality of tax information.
• Due to the reduced returns on wealth deposited offshore due to penalties, individuals will increasingly keep their money onshore. In the long run, it would be in the interest of the offshore wealth management companies to obtain full-fledged licenses to operate onshore in the countries that they have previously been dependent on business for.

For more information visit: 2020 Foresight Report: No Safe Havens - Changes in Offshore Private Banking

Browse More Wealth Management Market Research Reports: Wealth Management

Challenges and Opportunities for the Wealth Sector in Mexico 2013

This report is the result of publisher extensive research covering the high net worth individual (HNWI) population and wealth management market in Mexico.

For more information visit:  Challenges and Opportunities for the Wealth Sector in Mexico 2013

Scope

• Independent market sizing of Mexican HNWIs across five wealth bands
• Number of wealth managers in each city
• City wise ratings of wealth management saturation and potential
• Details of the development, challenges and opportunities for the Wealth Management and Private Banking sector in Mexico
• Size of the Mexican wealth management industry
• Largest domestic private banks by AuM
• Detailed wealth management and family office information
• Insights into the drivers of HNWI wealth

Reasons To Buy

• The publisher Intelligence Center Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world.
• The Intelligence Center also includes tracking of wealth and liquidity events as they happen and detailed profiles of major private banks, wealth managers and family offices in each market.
• With the Database as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.

Key Highlights

• There were approximately 145,000 HNWIs in Mexico at the end of 2012. These HNWIs held US$736 billion in wealth which equates to 43% of total individual wealth held in the country.
• Mexican HNWIs outperformed the worldwide HNWI average during the review period. Mexican HNWI numbers rose by 32% while worldwide HNWI volumes declined by 0.3%.
• The total number of Mexican HNWIs is forecast to grow by 47%, to reach over 213,000 in 2017. HNWI wealth will see a larger percentage increase, growing by 54% to reach US$1.1 trillion by 2017.
• According to publisher, Mexican local private banking assets under management (AuM) totaled just over US$190 billion at the end of 2012.
• The top five private banks by local AuM are Banorte, Banamex (Citigroup), BBVA Bancomer, Santander and Scotiabank.

Companies covered in this report:

Banorte, Banamex (Citigroup), Scotiabank, Santander México, HSBC Mexico, Interacciones, Afirme, BBVA Bancomer, Casa de Bolsa, Corporativo GBM, Credit Suisse Mexico, Deutsche Bank Mexico, Grupo Financiero Multiv, Inbursa, Itau BBA, JP Morgan, UBS 

Browse More Wealth Management Market Research Reports: Wealth Management

MarketResearchReports.com: Google in Mobile Marketing New Market Study

Google’s mobile advertising business continues to fuel impressive growth for the online search engine pioneer. Google has much at stake in the worldwide shift from desktop advertising to mobile advertising. The company has taken various measures to brace for the shift. It acquired mobile-related corporate vehicles, notably Android (2005), YouTube (2006), DoubleClick (2007), AdMob (2009) and Motorola Mobility (2012), and launched mobile marketing tools like the Google Playbook (2013).

For more information visit: Google in Mobile Marketing

This research addresses the following:

•  Competitive Landscape: The current shape of the mobile advertising landscape and Google’s fit within it. Google’s current strategies: How has its strategy paid off and who are the biggest competitor’s to Google in mobile advertising.
• Advertising Products: Google’s current advertising products. What’s next for Google’s product strategy (i.e., in-app advertising, search advertising).
• Strategic Direction: Google’s strategy in light of other mobile advertising powerhouses entering the landscape. How Facebook and Apple’s strategies differ from Google’s
• Recent Happenings: Recent strategic moves Google has made to grow its market share in mobile advertising. How Facebook and Apple countered Google’s strategy. Relevant recent events that have occurred affecting Google’s strategy (i.e., MMA standardizations of mobile ads)
• Recommendations for Marketers: What marketers need to do to optimize their spending with Google, Facebook, and others. What is the best strategy for advertising buyers in the next five years.

Target Audience:

• Competitors to Google: Any company that either already has or is contemplating a competing line-of-business, application, product, service, etc.
• Investor Community: Investment banks, private equity, venture capital, angel fund investors, and any other entity seeking to invest in any venture that is impacted (positively or negatively) by Google
• Small Companies and Start-up's: Any small company or start-up that has a new idea or business that could be impacted (positively or negatively) by Google
• Others: Google continues to expand in depth and breadth of product areas and influence throughout many industries including search, media, communications, content, telephony, applications, and more. Google Market Intelligence provides a competitive advantage and insights for subsc

Browse More Marketing & Advertising Market Research Reports:  Marketing and Advertising Market Research Reports 

Institutional Construction in India to 2016: Market Forecast

Spanning over 151 pages this report contains detailed historic and forecast market value data for the institutional construction industry, including a breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition). 

Institutional Construction in India to 2016: Market Forecast provides a top-level overview and detailed insight into the operating environment of the institutional construction industry in India. It is an essential tool for companies active across the Indian construction value chain and for new players considering to enter the market.

Institutional Construction in India to 2016: Market Forecast contains detailed historic and forecast market value data for the institutional construction industry, including a breakdown of the data by construction activity (new construction, repair and maintenance, refurbishment and demolition). The databook provides historical and forecast valuations of the industry using the construction output and value-add methods.

Scope

• Overview of the institutional construction industry in India
• Historic and forecast market value for the institutional construction industry by construction output and value-add methods for the period 2007 through to 2016
• Historic and forecast market value by construction activity (new construction, repair and maintenance, refurbishment and demolition) across the institutional construction industry for the period 2007 through to 2016

Reasons To Buy

• This report provides you with valuable data for the institutional construction industry in India
• This report provides you with a breakdown of market value by type of construction activity (new construction, repair and maintenance, refurbishment and demolition)
• This report enhances your knowledge of the market with key figures detailing market values using the construction output and value add methods
• This report allows you to plan future business decisions using the forecast figures given for the market

Browse More Industry & Manufacturing Market Research Reports: Manufacturing Industry Market Research Reports

Travel and Tourism in Singapore to 2017

Domestic and outbound tourism in Singapore recovered from a decline caused by an overhang of the financial crisis in 2009. However, international arrivals registered growth during the review period (2008−2012). Singapore has a modern, well-developed transport infrastructure, and its air and rail networks are considered by some to be among the finest in Asia. The country's ports provide a natural hub for shipping to and from Europe, the Americas and Asia-Pacific. Tourism has a large-scale impact on the country’s economy and according to the World Travel and Tourism Council (WTTC), in 2012, accounted for 11.3% of the country’s GDP and comprised 9.1% of its total employment.

For more information visit: Travel and Tourism in Singapore to 2017

The report provides detailed market analysis, information and insights, including:

• Historic and forecast tourist volumes covering the entire Singapore travel and tourism sector
• Detailed analysis of tourist spending patterns in Singapore
• The total, direct and indirect tourism output generated by each category within the Singapore travel and tourism sector
• Employment and salary trends for various categories in the Singapore travel and tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others
• Detailed market classification across each category with analysis using similar metrics
• Detailed analysis of the airline, hotel, car rental and travel intermediaries industries

Scope

This report provides an extensive analysis related to tourism demands and flows in Singapore:

• It details historical values for the Singapore tourism sector for 2008–2012, along with forecast figures for 2013–2017
• It provides comprehensive analysis of travel and tourism demand factors with values for both the 2008–2012 review period and the 2013–2017 forecast period
• The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in Singapore
• It provides employment and salary trends for various categories of the travel and tourism sector
• It provides comprehensive analysis of the trends in the airline, hotel, car rental and travel intermediaries industries with values for both the 2008–2012 review period and the 2013–2017 forecast period

Reasons To Buy

• Take strategic business decisions using historic and forecast market data related to the Singapore travel and tourism sector
• Understand the demand-side dynamics within the Singapore travel and tourism sector, along with key market trends and growth opportunities
• Identify the spending patterns of domestic, inbound and outbound tourists by individual categories
• Analyze key employment and compensation data related to the travel and tourism sector in Singapore

For more information visit: Travel and Tourism in Singapore to 2017

Key Highlights

• Singapore’s tourism sector has a greater dependency on inbound tourism than domestic tourism. This is mainly due to the relatively small size of its population and geographical area. In 2012, Singapore registered 145,866 domestic trips, while inbound trips registered 20.9 million.
• Inbound tourism increased at a review-period CAGR of 9.17%, with total arrivals increasing from 10.1 million in 2008 to 14.4 million in 2012. The highest annual growth rate of 20.2% was recorded in 2010. In 2017, inbound tourist arrivals are expected to reach 20.9 million, representing a forecast-period CAGR of 7.74%. The key drivers of this growth are expected to be improving economic forecasts in key European source countries, greater access to travel services at competitive prices, and government efforts to promote Singapore as a tourist destination.
• The government and the Singapore Tourism Board (STB) jointly undertook promotional initiatives to achieve a growth in inbound tourist flows. STB launched the YourSingapore branding campaign.
• Singapore is the second-largest source market of outbound tourism in South-East Asia. The most popular foreign destinations for its outbound tourists are Malaysia, Indonesia and Thailand. Malaysia alone accounted for 73.4%, or 5.8 million international departures from Singapore. Singapore is also an important market for Australia. Outbound trips to Australia increased from 151,135 in 2010 to 158,065 in 2012, with tourists attracted by festivals.
• Singapore’s domestic and international air traffic volume increased during the review period. The volume of passengers carried reached 51.2 million in 2012, expanding at a review-period CAGR of 7.95%. Over the forecast period, the number of passengers carried is expected to increase at a CAGR of 4.95% to reach 65.2 million. The total revenue is also anticipated to increase from SGD21.4 billion (US$17.2 billion) in 2012 to SGD28.4 billion (US$22.7 billion) in 2017. This growth is in line with increasing tourist volumes and air capacity.
• Room occupancy rates increased during the review period from 81.0% in 2008 to 86.7% in 2012. Upscale hotels had the highest occupancy rate of 88.0% in 2012, followed by midscale hotels with 87.0%. Over the forecast period, the rate is expected to increase to 87.9% in 2017. Upscale hotels will continue to have the highest occupancy rate of 89.2% in 2017.
• Singapore’s car rental market grew at a CAGR of 4.11% during the review period to reach a value of SGD192.7 million (US$154.3 million) in 2012. Car rental value is expected to reach SGD225.7 million (US$180.7 million) by 2017, representing a forecast-period CAGR of 3.21%. The increase in international and domestic tourist volumes, a rise in the number of business travelers and new advertising strategies adopted by car rental companies will fuel growth.
• Singapore’s travel intermediaries industry is anticipated to post a forecast-period CAGR of 7.03%, to reach SGD5.1 billion (US$4.1 billion) in 2017. This increase will be driven by a rise in discretionary spending, an increase in business travel and international promotional activities by Singapore’s tourist board. The market share of online intermediaries is expected to increase from 13.3% in 2012 to 27.1% in 2017. Consequently, the market share of in-store channels is anticipated to decline from 86.7% in 2012 to 72.9% in 2017.

Browse More Travel & Leisure Market Research Reports: Travel and Leisure Industry Market Research Reports