Malaysian Defense Market, Forecast to 2024 - There is a Visible Trend Toward Upgrades & Offsets in Line With the Increased Focus on the Indigenous Industry - ResearchAndMarkets.com

DUBLIN--()--The "Malaysian Defense Market, Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

This research explores Malaysia's defense outlook from 2019 to 2024. With a shifting political landscape, conflicting claims to islands in the South China Sea and budgetary restraints, Malaysia's defense approach for the coming years reflects a changing environment. This analysis covers aspects of the defense industry, including budgets, drivers and restraints to growth and trends in the sector, as well as defense equipment acquisitions including historical and forecast adoptions. The study also provides insights on how attractive the Malaysian defense market is for suppliers and manufacturers. Further, it gives details about the stakeholders involved in the procurement of defense equipment, the procurement process, and the outlook.

As a major nation in Southeast Asia, Malaysia's defense outlook is influenced by ASEAN and its global relationships. Efforts at establishing a viable local defense industry have led to the development of offset programs and technology transfer agreements. However, cost factors have seen some programs pivot from local production to partner countries. Budget constraints, therefore, are a major factor impacting the outlook for the Malaysian defense sector. This is reflected in a shift to multi-purpose equipment in military modernization efforts, reducing the upkeep and cost associated with many specific equipment types. Overall, the majority of changes to Malaysia's order of battle will stem from upgrades of existing equipment rather than replacement.

With shifting regional relationships, disputes in the South China Sea and continued unlawful human movement, border security remains a core concern for Malaysia, especially in the Sabah region. Since the delineation of the Malaysia Maritime Enforcement Agency, there has been an increased emphasis on securing the country's borders, a huge part of it is flanked by waterways.

With the first-ever defense whitepaper published in late 2019, it is clear that Malaysia is refocusing her efforts on the domestic defense industry. While efforts are being made to contain defense spending, the plan remains in place to modernize the country's fleet through streamlining and increasing the number of multi-role vessels and vehicles.

Using 2018 as a base year, this research explores the outlook for the Malaysian defense sector over the period from 2018 to 2024.

Key Issues Addressed:

  • How is the defense sector in Malaysia faring?
  • What are the leading drivers and restraints for the Malaysian defense market?
  • What are the current trends in the Malaysian defense market?
  • How have the country's defense equipment acquisitions been historically?
  • What is the forecast for defense equipment acquisitions in Malaysia?
  • How attractive is the Malaysian defense market?

Key Topics Covered:

1. Executive Summary

  • Key Findings
  • Research Scope
  • SWOT Analysis of Malaysian Armed Forces
  • Historical Adoption by Equipment Type
  • Military Modernization Overview

2. Defense Sector Analysis

  • Overview - Political and Regional Considerations
  • Overview - Defense Spending
  • Overview - Defense Spending Trend
  • Market Drivers
  • Drivers Explained
  • Market Restraints
  • Restraints Explained
  • Military Budget Forecast by Appropriations
  • Budget Forecast - Defense Spending and Breakdown
  • Budget Forecast - Operating and Development Expenditure
  • Trends Affecting Defense Spending

3. Key Constituents of the Malaysian Defense Sector

  • Royal Malaysian Navy
  • Royal Malaysian Navy - Operating Equipment
  • Royal Malaysian Navy - Current and Future Fleet
  • Royal Malaysian Navy - Operating Equipment
  • Royal Malaysian Air Force
  • Royal Malaysian Air Force - Operating Equipment
  • Royal Malaysian Air Force - Current and Future Fleet
  • Malaysian Army
  • Malaysian Army - Operating Equipment

4. Malaysia - Defense Equipment Acquisition to Date

  • Historical Adoption by Country
  • Historical Adoption by Category
  • Historical Adoption by Equipment Type

5. Malaysia - Defense Equipment Acquisition Forecast

  • Forecast Adoption by Equipment Type - Fighter Jet
  • Forecast Adoption by Equipment Type - UAS
  • Forecast Adoption by Equipment Type - MRSS
  • Forecast Adoption by Equipment Type - LMS
  • Forecast Adoption by Equipment Type - Security System

6. Malaysia - Defense Procurement Analysis

  • Structure of Defense Roles in the Malaysian Government
  • Defense Procurement Stakeholders
  • Defense Procurement Process
  • Defense Procurement Process - Policies
  • Defense Procurement Process - Regulatory Framework

7. Growth Opportunities and Strategic Imperatives

  • Supplier Growth Opportunities - Partnerships
  • Supplier Growth Opportunities - Industry Integration
  • Country Growth Opportunities - Key Faction Development
  • Strategic Imperatives

8. The Last Word

  • The Last Word - 3 Big Predictions
  • Legal Disclaimer

9. Appendix

  • List of Exhibits
  • Glossary

For more information about this report visit https://www.researchandmarkets.com/r/yqx5m5

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900