Nigerian Defense Industry Examined & Forecast in New Topical SDI Report Now Available at MarketPublishers.com

30 Aug 2013 • by Natalie Aster

LONDON – Nigeria’s defense market reached a value of over USD 2.25 billion in 2013. The market is expected to gain USD 2.1 billion in value by end-2017, with country’s defense expenditure rising by approximately 14 percent annually. The expenditure growth will mainly result from the ongoing attempts to avert oil smuggling, peacekeeping activities and antipiracy operations. The country is the leading oil manufacturer in Africa. It is largely dependent on oil exports since they account for over 78 percent of Nigeria’s revenues.

Such military equipment as fighters, helicopters, armored personnel carriers, among others, are expected to enjoy demand during the forecast period.

New market research report “Future of the Nigerian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018” elaborated by Strategic Defence Intelligence (SDI) offers a deep insight into Nigeria’s defense industry. The study provides insightful overview of the market; discusses its attractiveness; discloses current and historical data on its size; examines defense budget allocation; contains details on homeland security market as well as benchmarking with key global markets; uncovers market opportunities. The report reveals market dynamics and market entry strategy, reviews the competitive landscape and profiles top local players. Data on business environment and country risk; analysis of defense procurement market dynamics; future market outlook can be found in the research study too.

Report Details:

Future of the Nigerian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
Published: August, 2013
Pages: 99
Price: US$ 1,250.00

More Defense Market Research Reports by SDI Include:

More market research reports by the publisher can be found at SDI page.

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