MarketReportsOnline.com - The South African Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

Despite its challenges, South Africa remains one of Africa’s most attractive defense markets, with a defense spending capability that is expected to increase in the forecast period and, in 2012, comprised 19.2% of the country’s defense expenditure. Moreover, though the value of the budget allocation for military procurement decreased during the review period, it is expected to grow at a CAGR of 7.09% during the forecast period due to the expected need to replace outdated equipment. Furthermore, South Africa’s participation in various peacekeeping operations in the region increases the attractiveness of the defense market to investors. Ultimately, it is expected that the majority of the South African defense budget will be spent on developing the army and air force during the forecast period.

Crime, peacekeeping missions, border security, and military modernization initiatives are to drive South African defense expenditure. Although South Africa does not suffer from threats of external aggression, there are several factors that require the country’s defense forces to be adequately prepared, including high violent crime rates, its international role in peacekeeping missions, and an unsecure border.

South African Defense Expenditure (US$ Billion), 2013–2017

South Africa has Africa’s second-largest arms market with the country’s total defense expenditure increasing at a CAGR of 9.55% in the review period, to value US$4.7 billion in 2012. The country spent a total of US$20.9 billion on defense during the review period.

The South African defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the South African defense industry.

The South African Defense Industry Market

Published: July 2012                                                No. of Pages: 152               
   

Price: Single User: US $ 1250                                  Corporate User: US $ 3750   

          
                      
Reasons to buy

• Provides a detailed analysis of the current industry size and growth expectations from 2013 to 2017, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
• Includes trend analysis of imports and exports, together with their implications and impact on the South African defense industry.
• Covers five forces analysis to identify various power centers in the industry and how these are expected to develop in the future.
• Allows readers to identify possible ways to enter the market, together with detailed descriptions of how existing companies have entered the market, including key contracts, alliances, and strategic initiatives.
• Helps the reader to understand the competitive landscape of the defense industry in South Africa. It provides an overview of key defense companies, both domestic and foreign, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.