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

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

South African military expenditure, declined at a CAGR of 3.18% during 2013-2017. However, it is anticipated to register a CAGR of 4.35% during the forecast period, to value US$4.6 Billion in 2022. The country is an active participant in stability and peacekeeping operations governed by the UN (United Nations), African Union, and the Southern African Development Community, and, as such, seeks higher expenditure on the defense sector.

Capital expenditure is expected to increase at a CAGR of 4.39% over the forecast period, compared to the negative CAGR of 3.34% recorded during 2013-2017. The country is expected to cumulatively spend US$4.2 Billion over the forecast period on procuring defense equipment.

South African homeland security expenditure is expected to register a growth rate of 4.19%. This expenditure is primarily driven by South Africa's focus on enhancing its defense capabilities to counter high violent crime rates and rising threats of global terrorism. Consequently, demand for surveillance equipment such as CCTV and biometric identification systems is expected to increase during the forecast period.

South African defense imports were highest during 2012-2014 due to the procurement of 26 Gripen aircraft. Aircraft accounted for the largest expenditure during this period, with Sweden the biggest supplier. The other import partners include Russia, the US, France, Israel, and the UK. Aircraft, engines, satellites, missiles, and sensors were the other imports during 2012-2016.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

4. Defense Procurement Market Dynamics

5. Industry Dynamics

6. Market Entry Strategy

7. Competitive Landscape and Strategic Insights

8. Business Environment and Country Risk

Companies Mentioned

  • Aerosud
  • Ansys Limited
  • Denel
  • Global Armour
  • IVEMA (Pty) Ltd
  • Milkor (Pty) Ltd
  • Paramount Advanced Technologies
  • Reutech
  • Saab Grintek
  • Tellumat Defense

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