Indonesia Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027

Pages: 85 Published: October 06, 2021 Report Code: GDDF0787MR

  • Overview
  • Key Players
  • Contents
  • FAQ
  • Listen
    TTS

In 2022, the government of Indonesia allocated $9.3 billion to its total defense budget. The country’s defense budget is expected to grow at a CAGR of more than 6% over the forecast period. The Indonesia defense market research report offers a detailed analysis of the Indonesia defense market with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

Indonesia Defense Market Size

For more Indonesia defense market insights, download a free report sample

Indonesia Defense Market Drivers

The Indonesian defense budget is currently being driven by efforts to modernize its armed forces and build its indigenous defense sector and ongoing territorial disputes with neighboring countries.

During 2017–24, Indonesia plans to modernize its armed forces and aims to establish “Minimum Essential Forces”, a strategy for establishing a force structure consisting of key military capabilities to maintain adequate levels of operational readiness to rapidly deploy forces in case of national contingencies.

One aspect of Indonesia’s military modernization in terms of capabilities has been boosting its helicopter fleet. Indonesia has been looking to boost its fleet to eventually replace some of its older helicopters as well as add to new ones that have begun coming online over the past few years, including the Bell 412EP helicopters.

Military Doctrines and Defense Strategies in Indonesia

Although Indonesia is not part of any formal military alliance, the country enjoys close ties with all of its neighbors. Indonesia, along with Brunei, Myanmar, Malaysia, Singapore, Philippines, Laos, Cambodia, Vietnam, and Thailand, is part of the Association of the Southeast Asian Nations (ASEAN) regional organization, which supports intergovernmental cooperation and the concept of Pan-Asian cooperation, and facilitates military, political, cultural and economic integration amongst its member states.

Indonesia’s four armed services, collectively termed the Armed Forces of the Republic of Indonesia consist of the three military services (the army, navy, and air force) and the police. The current development of Indonesia’s defense policies is built on the idea of ​​achieving the “Minimum Essential Force” or MEF by 2024. MEF is defined as a defense and power-enforcement force, where procurement priorities are given to improving the defense capabilities and replacing obsolete weapons systems and equipment.

Key Sectors in the Indonesia Defense Market

Military fixed-wing, naval vessels and surface combatants, military rotorcraft, submarine, underwater warfare systems, and electronic warfare systems are the key sectors in the Indonesian defense market. Military fixed-wing will be the leading sector in terms of value.

Indonesia Defense Market Outlook, by Sectors

Indonesia Defense Market Outlook, by Sectors

For more sector insights, download a free report sample

Key Companies in the Indonesia Defense Market

Some of the key companies in the Indonesia defense market are PT Astra Graphia Tbk, PT Trikomsel Oke Tbk, PT Limas Indonesia Makmur Tbk, PT Bakrie Telecom Tbk, PT Leo Investments Tbk, PT Infoasia Teknologi Global Tbk, PT MultiIntegra, PT Regio Aviasi Industri, PT SOG Indonesia, and Agusta Aerospace Company.

Indonesia Defense Market Report Overview

Market size (2022) $9.3 Billion
CAGR (2023-2027) >6%
Key Sectors Military Fixed-Wing, Naval Vessels and Surface Combatant, Military Rotorcraft, Submarine, Underwater Warfare Systems, and Electronic Warfare Systems
Key Companies PT Astra Graphia Tbk, PT Trikomsel Oke Tbk, PT Limas Indonesia Makmur Tbk, PT Bakrie Telecom Tbk, PT Leo Investments Tbk, PT Infoasia Teknologi Global Tbk, PT MultiIntegra, PT Regio Aviasi Industri, PT SOG Indonesia, and Agusta Aerospace Company

Scope 

In particular, it provides an in-depth analysis of the following –

  • Indonesia defense budget: detailed analysis of the Indonesia 2022 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.
  • Regulation: the procurement policy and process is explained. This is coupled with an analysis of the Indonesia military doctrine and strategy to provide a comprehensive overview of Indonesia military procurement regulation.
  • Security Environment: political alliances and perceived security threats to Indonesia are examined; there help to explain trends in spending and modernisation.
  • Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
  • Competitive landscape and strategic insights: analysis of the competitive landscape of Indonesia’s defense industry.

Reasons to Buy

  • Determine prospective investment areas based on a detailed trend analysis of the Indonesia defense market over the next five years
  • Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the Indonesia market and identify the opportunities offered.
  • Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others
  • Identify the major threats that are driving the Indonesia defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
  • Channel resources by focusing on the ongoing programs that are being undertaken by the Indonesia government
  • Make correct business decisions based on an in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available

Key Players

Daewoo Shipbuilding & Marine Engineering Co Ltd

Turkish Aerospace Industries Inc

Rosoboronexport

Table of Contents

Table of Contents

Executive Summary

Defense Budget Assessment

Budgeting Process

Defense Market Size Historical and Forecast

Drivers Of Defense Expenditure

Analysis Of Defense Budget Allocation

Key Market Trends and Insight

Military Doctrine And Security Environment

Military Doctrine And Strategy

Political and Strategic Alliances

Geopolitical Social and Economic Scenario

Market Entry Strategy and Regulations

Procurement Policy and Process

Market Regulations and Market Entry Route

Key Challenges

Major M&A, Financing and Partnerships

Market Attractiveness and Emerging Opportunities

Market Attractiveness

Top Defense Segments By Value

Import And Export Market Dynamics

Import Market Dynamics

Export Market Dynamics

Defense Platform Acquisitions

Defense Platform Acquisitions By Value

F-15ID

Rafale F4

FREMM frigates

A400M Atlas

Fleet Size

Competitive Landscape

Defense Companies Operating in Indonesia

Main Defense Companies

Appendix

About This Report

About Us

Contact Us

Frequently Asked Questions

The defense budget of Indonesia is $9.3 billion in 2022.

 

 

 

 

 

Indonesia defense market is expected to achieve a CAGR of more than 6% during 2023-27.

Military fixed-wing, naval vessels and surface combatants, military rotorcraft, submarine, underwater warfare systems, and electronic warfare systems are some of the key sectors in the Indonesian defense market.

Some of the key companies in the Indonesia defense market are PT Astra Graphia Tbk, PT Trikomsel Oke Tbk, PT Limas Indonesia Makmur Tbk, PT Bakrie Telecom Tbk, PT Leo Investments Tbk, PT Infoasia Teknologi Global Tbk, PT MultiIntegra, PT Regio Aviasi Industri, PT SOG Indonesia, and Agusta Aerospace Company.

Leading companies in the Indonesian defense market include Daewoo Shipbuilding & Marine Engineering Co Ltd, Turkish Aerospace Industries Inc, and Rosoboronexport.

$1250

Can be used by individual purchaser only

$2500

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 (0) 20 7947 2960

GDPR + CCPA Compliant

Personal and transaction information are kept safe from unauthorised use.

Recently Viewed Reports

Looking to stay on top of industry & market trends?

Sign up to receive regular alerts for our latest analysis and reports. No matter your industry focus, you can keep your finger on the pulse with our timely updates.