Dec 15, 2017   SOURCE: BusinessWire

Future of the Angolan Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022 - Research and Markets

The "Future of the Angolan Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022" report has been added to Research and Markets' offering.

Future of the Angolan Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022 offers detailed analysis of the Angolan defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

Angola's military expenditure, declined at a CAGR of -16.98% during the historic period. In June 2014, oil prices have plummeted nearly 60% which resulted in the decline in the growth rate of defense budget Over the forecast period, the defense budget is anticipated to increase at a CAGR of 5.60% to reach US$3.8 Billion in 2022. This is primarily attributed to the country's efforts to upgrade its military arsenal, as well as enhance its border security.

Capital expenditure allocation, which registered a CAGR of -13.57% during the historic period, is projected to increase at a CAGR of 5.27% during 2018-2022, primarily due to the country's procurement of multi-role aircraft and naval vessels. Angola's homeland security (HLS) expenditure valued US$2.9 Billion in 2017. Moreover, HLS expenditure is estimated to record a CAGR of 4.80% during the forecast period.

Aircraft accounted for the largest share of imports during 2012-2016, with Russia being the biggest supplier. The country is also anticipated to procure Principe de Asturias, the recently decommissioned Spanish aircraft carrier, over the forecast period. Other significant import partners include Brazil, Bulgaria, Belarus, South Africa, Canada and Italy.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

4. Defense Procurement Market Dynamics

5. Industry Dynamics

6. Competitive Landscape and Strategic Insights

7. Business Environment and Country Risk

8. Appendix

Companies Mentioned

  • KBP Instrument Design Bureau
  • Oboronprom Corporation
  • Sukhoi

For more information about this report visit https://www.researchandmarkets.com/research/pjfqrn/future_of_the?w=4