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영어

The defense industry can also contribute to the development of advanced technologies that could be applied to private sectors for considerable profits. Through the analyses of the global defense industry market, this study shows that the CR5 from the top five countries have a share of 83.29% ～ 90.62%, while the CR3, the big three countries of the defense industry, shows 83.46%, respectively. Also, HHI analysis shows that the concentration rate is as high as 0.233 ～ 0.390. These results indicate that the market concentration by the global defense industry is stronger than other sectors. Although shipbuilding exports accounted for a small portion when the global shipbuilding industry was booming, it is now time for Korea's shipbuilding industry to have a stronger interest in exporting ships.