Kenya Defense Industry Analyzed & Forecast by SDI in New Report Published at MarketPublishers.com
29 Jan 2014 • by Natalie Aster
LONDON – After the political turmoil during 2007-2008, the Kenyan government placed greater focus on the modernization of the country’s armed forces in order to make them well-equipped to be able to counter foreign and domestic terrorist attacks. During 2009-2013, Kenya apportioned around 2.5% (around USD 4.3 billion) of the country’s GDP for its defense purposes.
During 2014-2018, the Kenyan defense budget is poised to stand at USD 5.5 billion cumulatively. In 2014, per-capita defense spending was estimated at nearly USD 20.6; in 2018, it is expected to amount to USD 26.7. The capital expenditure budget is likely to record a CAGR of just over 11.9% through 2018, increasing form USD 149.2 million in 2014 to USD 234.1 million in 2018. The Kenyan homeland security budget is predicted to witness robust growth, driven primarily by the rising threats from gun and drug smuggling, and human trafficking.
New research report “Future of the Kenyan Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018” elaborated by Strategic Defence Intelligence (SDI) offers a comprehensive guide to the defense market in Kenya.
The report presents an up-to-bottom and unbiased analysis of the Kenyan defense market and grants access to the historical and actual industry values. The study canvasses the main stimulators and restraints of the market growth, presents profound insights into the competition in the industry and profiles the most active market players, estimates the market attractiveness, and also identifies the top market opportunities and challenges. The research report includes Porter’s five forces analysis of the national defense sector, discusses the market-entry strategies, highlights the regulative environment, illustrates the business environment in Kenya, and outlines the key risks with respect to the country’s investment landscape. Besides, the study contains an extensive future outlook for the Kenyan defense market through 2018.
Future of the Kenyan Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
Published: January, 2014
Price: US$ 1,250.00
Other Countries Defense Markets Reports by SDI Include:
- Future of the South Korean Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
- Future of the Indonesian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2017
- Future of the Israeli Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2017
More new reports by the publisher can be found at SDI page.