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Summary
This report provides a detailed analysis of the current industry size and growth expectations during 2013-18, including highlights of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.

Key Findings
SDI's "The Thai Defense Industry - Market Attractiveness and Emerging Opportunities to 2020: Market Profile" is an essential source of information covering the market attractiveness and emerging opportunities of the defense industry in Thailand.

Thailand's total defense expenditure stands at US$6 billion in 2015, reflecting a CAGR of 1.70% over the historic period. During the forecast period, Thailand's defense expenditure is estimated to record a CAGR of 3.33%,

Reasons To Buy
"The Thai Defense Industry - Market Attractiveness and Emerging Opportunities to 2020: Market Profile" allows you to:

- Understand the market size and forecasts of the Thailand defense industry.

- Understand the budget allocation of the Thailand defense industry.

- Gain knowledge on Homeland Security market size and forecast.

- Gain insight into the benchmarking data with Key global markets.

- Understand the key trends and growth stimulators of the Thailand defense industry.

Table Of Contents

The Thai Defense Industry - Market Attractiveness and Emerging Opportunities to 2020: Market Profile
Table of Contents
1 Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. SDI Terrorism Index
1.5. About Strategic Defence Intelligence
2 Market Attractiveness and Emerging Opportunities
2.1. Defense Market Size Historical and Forecast
2.1.1. Thai defense budget expected to increase at a CAGR of 3.33%over the forecast period
2.1.2. Arms race with other Asian countries, border conflicts, modernization of the armed forces, and political volatility to drive Thai defense expenditure
2.1.3. Defense expenditure as a percentage of GDP to average 1.4% over the forecast period
2.2. Analysis of Defense Budget Allocation
2.2.1. Capital expenditure allocation to average 45.6% of the total defense budget over the forecast period
2.2.2. Expenditure on Army to increase at a CAGR of 3.63% over 2016-2020
2.2.3. Air force expenditure to value US$5.9 billion cumulatively over the forecast period
2.2.4. Naval expenditure expected to reach US$1.4 billion by 2020
2.2.5. Thailand to spend US$4.1 billion on support services during the forecast period
2.2.6. Per capita defense expenditure expected to increase during the forecast period
2.3. Homeland Security Market Size and Forecast
2.3.1. Thai homeland security expenditure expected to grow at a CAGR of 4.43% over the forecast period
2.3.2. Counter terrorism and maritime security to drive Thai Homeland security expenditure
2.3.3. Thailand faces a high level of threat from foreign terrorist organizations
2.3.4. Thailand has a terrorism index score of 2.3
2.4. Benchmarking with Key Global Markets
2.4.1. Thai defense expenditure expected to increase at a slower rate than other Asian countries over the forecast period
2.4.2. Thai defense expenditure is relatively smaller than other Asian countries
2.4.3. Thailand's defense budget as a percentage of GDP is expected to decline over the forecast period
2.4.4. Iraq, Pakistan, and Afghanistan are the most terror-prone countries
2.5. Market Opportunities: Key Trends and Growth Stimulators
2.5.1. Main Battle Tank (MBT)
2.5.2. Submarine
2.5.3. Frigates
3 Appendix
3.1. About SDI
3.2. Disclaimer

List of Tables
Table 1: Thai Defense Expenditure (US$ Billion), 2011-2015
Table 2: Thai Defense Expenditure (US$ Billion), 2016-2020
Table 3: Thai Defense Expenditure (THB Billion), 2011-2015
Table 4: Thai Defense Expenditure (THB Billion), 2016-2020
Table 5: Thai GDP Growth vs. Defense Expenditure Growth vs. Defense Expenditure as Percentage of GDP,2011-2015
Table 6: Thai GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP, 2016-2020
Table 7: Thai Defense Budget Split Between Capital and Revenue Expenditure (%),2011-2015
Table 8: Thai Defense Budget Split Between Capital and Revenue Expenditure (%), 2016-2020
Table 9: Thai Defense Expenditure for Army (US$ billion), 2011-2015
Table 10: Thai Defense Expenditure for Army (US$ billion), 2016-2020
Table 11: Thai Expenditure for Army (THB Billion), 2011-2015
Table 12: Thai Defense Expenditure for Army (THB Billion), 2016-2020
Table 13: Thai Defense Expenditure for Air Force (US$ billion), 2011-2015
Table 14: Thai Defense Expenditure for Air Force (US$ billion), 2016-2020
Table 15: Thai Expenditure for Air Force (THB Billion), 2011-2015
Table 16: Thai Expenditure for Air Force (THB Billion), 2016-2020
Table 17: Thai Defense Expenditure for Navy (US$ billion), 2011-2015
Table 18: Thai Defense Expenditure for Navy (US$ billion), 2016-2020
Table 19: Thai Expenditure for Navy (THB Billion), 2011-2015
Table 20: Thai Expenditure for Navy (THB Billion), 2016-2020
Table 21: Thai Other Category Defense Budget Allocation (US$ Billion), 2011-2015
Table 22: Thai Other category Defense Budget Allocation (US$ Billion), 2016-2020
Table 23: Thai Expenditure for the Other category (THB Billion), 2011-2015
Table 24: Thai Defense Expenditure for the Other category (THB Billion), 2016-2020
Table 25: Thai Per Capita Defense Expenditure (US$), 2011-2015
Table 26: Thai Per Capita Defense Expenditure (US$), 2016-2020
Table 27: Thai Homeland Security Expenditure (US$ billion), 2011-2015
Table 28: Thai Homeland Security Expenditure (US$ billion), 2016-2020
Table 29: Thai Homeland Security Budget (THB Billion), 2011-2015
Table 30: Thai Homeland Security Budget (THB Billion), 2016-2020
Table 31: Benchmarking with Key Markets - 2011-2015 vs. 2016-2020
Table 32: SDI Terrorism Index

List of Figures
Figure 1: Thai Defense Expenditure (US$ Billion), 2011-2015
Figure 2: Thai Defense Expenditure (US$ Billion), 2016-2020
Figure 3: Thai Defense Expenditure (THB Billion), 2011-2015
Figure 4: Thai Defense Expenditure (THB Billion), 2016-2020
Figure 5: Thai GDP Growth vs. Defense Expenditure Growth vs. Defense Expenditure as Percentage of GDP, 2011-2015
Figure 6: Thai GDP Growth vs. Defense Expenditure Growth and Defense Expenditures Percentage of GDP, 2016-2020
Figure 7: Thai Defense Budget Split Between Capital and Revenue Expenditure (%), 2011-2015
Figure 8: Thai Defense Budget Split Between Capital and Revenue Expenditure (%), 2016-2020
Figure 9: Thai Defense Expenditure for Army (US$ billion), 2011-2015
Figure 10: Thai Defense Expenditure for Army (US$ billion), 2016-2020
Figure 11: Thai Expenditure for Army (THB Billion), 2011-2015
Figure 12: Thai Defense Expenditure for Army (THB Billion), 2016-2020
Figure 13: Thai Defense Expenditure for Air Force (US$ billion), 2011-2015
Figure 14: Thai Defense Expenditure for Air Force(US$ billion), 2016-2020
Figure 15: Thai Expenditure for Air Force (THB Billion), 2011-2015
Figure 16: Thai Expenditure for Air Force (THB Billion), 2016-2020
Figure 17: Thai Defense Expenditure for Navy (US$ billion), 2011-2015
Figure 18: Thai Defense Expenditure for Navy (US$ billion), 2016-2020
Figure 19: Thai Expenditure for Navy (THB Billion), 2011-2015
Figure 20: Thai Expenditure for Navy (THB Billion), 2016-2020
Figure 21: Thai Other Category Defense Budget Allocation (US$ Billion), 2011-2015
Figure 22: Thai Other category Defense Budget Allocation (US$ Billion), 2016-2020
Figure 23: Thai Expenditure for the Other category (THB Billion), 2011-2015
Figure 24: Thai Defense Expenditure for the Other category (THB Billion), 2016-2020
Figure 25: Thai Per Capita Defense Expenditure (US$), 2011-2015
Figure 26: Thai Per Capita Defense Expenditure (US$), 2016-2020
Figure 27: Thai Homeland Security Expenditure (US$ billion), 2011-2015
Figure 28: Thai Homeland Security Expenditure (US$ billion), 2016-2020
Figure 29: Thai Homeland Security Budget (THB Billion), 2011-2015
Figure 30: Thai Homeland Security Budget (THB Billion), 2016-2020
Figure 31: SDI Terrorism Heat Map, 2015
Figure 32: SDI Terrorism Index, 2015
Figure 33: Benchmarking with Key Markets - 2011-2015 vs. 2016-2020
Figure 34: Defense Expenditure of the World's Largest Military Spenders (US$ Billion), 2015 and 2020
Figure 35: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2015
Figure 36: Thai Main Battle Tank Market Size (US$ Million), 2015-2025
Figure 37: Thai Submarine Market Size (US$ Million), 2015-2025
Figure 38: Thai Frigates Market Size (US$ Million), 2015-2025

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