Algeria Defense Industry Analyzed & Forecast by SDI in In-demand Report Published at MarketPublishers.com
14 May 2014 • by Natalie Aster
LONDON – In 2014, the Algerian defense budget is evaluated at around USD 12.3 billion; and the country ranks No.1 in military spending in the African region. The military expenditures in the country are driven by a range of factors including, among others, ongoing modernization of the armed forces, intensifying threats from the Islamist group active in North Africa, as well as by a fierce arms race with the neighboring countries, such as Tunisia, Libya and Morocco.
Furthermore, the Algerian capital expenditure is predicted to grow from USD 4.2 billion in 2015 to around USD 6 billion in 2019, posting a strong 9.47% CAGR in the next 5 years. The country’s government is anticipated to procure armored vehicles, tanker transport aircraft, frigates, submarines, landing platform dock radar, surveillance equipment, UAVs, etc. The local defense sector is poised for growth at a 10% CAGR and is likely to reach USD 20 billion by 2019-end.
In-demand report “Future of the Algerian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019” developed by Strategic Defence Intelligence (SDI) offers a comprehensive guide to the defense market in Algeria.
The study provides an insightful examination of the Algerian defense sector as well as discloses important historical and current industry estimates. It investigates the major propellers and restraints of the sector growth, presents deep insights into the competitive landscape and leading companies active in the country’s market, evaluates the Algerian defense market attractiveness and also pinpoints the arising market opportunities and threats. The study encloses Porter’s five forces analysis of the national industry, looks into the market-entry strategies, sheds light on the regulative framework, dissects the business environment in Algeria and thoroughly discusses the various country risks. Additionally, the topical study provides a 5-year forecast of Algeria’s defense industry.
Future of the Algerian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019
Published: April, 2013
Price: US$ 1,250.00
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