South Africa Defense Market Prospects Investigated by SDI in In-demand Study Available at MarketPublishers.com27 Sep 2013 • by Natalie Aster
LONDON – South Africa’s defense expenditure posted just over 9% CAGR during 2008-2012 to be valued at USD 5.3bn in 2013. Through 2018, the country’s defense spending is likely to grow slightly with about 7.5% CAGR. Peacekeeping missions, border security, crime, and military modernisation initiatives will be the key focus of South Africa’s government in the next five years. The share of capital expenditure of the country’s total defense budget is expected to decrease over the next five years. Capital expenditure for air force is expected to be highest with the fastest CAGR; army capital expenditure is likely to grow at a modest rate, and naval spending on new acquisitions is set to show steady growth through 2018. Homeland security expenditure is expected to grow moderately in the next few years as South Africa faces a relatively low level of threat from global terrorist groups.
Sweden accounted for over 61% of South Africa’s arms imports during the review period; the defense exports in the country are dominated by the USA. Aircraft were the major defense imports and armored vehicles were the major defense exports during the review period.
In-demand report “Future of the South African Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018” worked out by Strategic Defence Intelligence (SDI) draws up an elaborate picture of the South African defense industry.
The study presents a detailed analysis of the historic and current market size data, as well as forecast figures for the 2014-2018 period. It provides a detailed review of defense procurement market dynamics (exports and imports); provides benchmarking of the industry with the world’s key markets; examines emerging opportunities in specific areas limelighting key trends and growth stimulators; features Porter’s five forces analysis to identify various power centers in the industry and how these are likely to develop in the forthcoming years. The research provides valuable information about possible ways to enter the South African defense market, looks into the competitive landscape, as well as provides a detailed overview of the top local and foreign defense companies.
Future of the South African Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
Published: August, 2013
Price: US$ 350.00
More in-demand studies by the publisher can be found at SDI page.