1. Market Research
  2. > Aerospace and Defence Market Trends
  3. > The Nigerian Defense Industry - Market Attractiveness and Emerging Opportunities to 2020: Market Profile

Summary
This report provides a detailed analysis of the current industry size and growth expectations during 2013-18, including highlights of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.

Key Findings
SDI's "The Nigerian Defense Industry - Market Attractiveness and Emerging Opportunities to 2020: Market Profile" is an essential source of information covering the market attractiveness and emerging opportunities of the defense industry in Nigeria.

The Nigerian defense market, valued at US$2.0 billion in 2015, is expected to see sustained growth over the next five years to reach US$2.6 billion by 2020. The growing threat from Boko Haram, piracy, oil smuggling in the Gulf of Guinea, and contributions to peacekeeping operations are expected to drive the country's military expenditure, registering a growth rate of 3.89% over the forecast period.

Reasons To Buy
"The Nigerian Defense Industry - Market Attractiveness and Emerging Opportunities to 2020: Market Profile" allows you to:

- Understand the market size and forecasts of the Nigeria defense industry.

- Understand the budget allocation of the Nigeria defense industry.

- Gain knowledge on Homeland Security market size and forecast.

- Gain insight into the benchmarking data with Key global markets.

- Understand the key trends and growth stimulators of the Nigeria defense industry.

Table Of Contents

The Nigerian Defense Industry - Market Attractiveness and Emerging Opportunities to 2020: Market Profile
Table of Contents
1 Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. SDI Terrorism Index
1.5. About Strategic Defence Intelligence
2 Market Attractiveness and Emerging Opportunities
2.1. Defense Market Size Historical and Forecast
2.1.1. Defense expenditure is projected to grow at a CAGR of 3.89% during the forecast period
2.1.2. Insurgency, piracy, oil smuggling, and peacekeeping operations are expected to drive defense expenditure
2.1.3. Defense budget as a percentage of GDP expected to average 0.4% over the forecast period
2.2. Analysis of Defense Budget Allocation
2.2.1. Allocation for capital expenditure expected to average at 11.7% over the forecast period
2.2.2. Capital expenditure budget expected to grow at 4.60% over the forecast period
2.2.3. Allocation for the army accounts for the majority of the defense budget
2.2.4. Army expenditure to grow at a CAGR 3.72% over the forecast period
2.2.5. Naval expenditure to grow at a CAGR of 3.70% over the forecast period
2.2.6. Expenditure on the air force to increase during the forecast period
2.2.7. Per-capita defense expenditure expected to increase during the forecast period
2.3. Homeland Security Market Size and Forecast
2.3.1. Homeland security budget projected to increase during the forecast period
2.3.2. The threat from Boko Haram, drug trafficking, cybercrime, and money laundering to drive the homeland security market
2.3.3. Nigeria falls under the ‘worst affected category' by terrorist attack
2.3.4. Nigeria experienced extreme terror activity during the historic period
2.4. Benchmarking with Key Global Markets
2.4.1. The country's defense budget is expected to increase during the forecast period
2.4.2. Nigerian military expenditure is limited compared to countries with the largest defense expenditure
2.4.3. The country allocates a lower percentage of GDP to defense
2.5. Market Opportunities: Key Trends and Growth Stimulators
2.5.1. Fighters and Multi-role Aircraft
2.5.2. Attack Helicopters
2.5.3. C2/C4ISR
3 Appendix
3.1. About SDI
3.2. Disclaimer

List of Tables
Table 1: Nigerian Defense Expenditure (in US$ Bn), 2011-2015
Table 2: Nigerian Defense Expenditure (in US$ Bn), 2016-2020
Table 3: Nigerian Defense Expenditure (in NGN Bn), 2011-2015
Table 4: Nigerian Defense Expenditure (in NGN Bn), 2016-2020
Table 5: Nigerian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2011-2015
Table 6: Nigerian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2016-2020
Table 7: Nigerian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth (in Local Currency Terms), 2011-2015
Table 8: Nigerian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth (in Local Currency Terms), 2016-2020
Table 9: Nigerian Defense Budget Split between Capital and Revenue Expenditure (%), 2011-2015
Table 10: Nigerian Defense Budget Split between Capital and Revenue Expenditure (%), 2016-2020
Table 11: Nigerian Capital Budget Allocation (US$ Billion), 2011-2015
Table 12: Nigerian Capital Budget Allocation (US$ billion), 2016-2020
Table 13: Nigerian Capital Budget Allocation (NGN Billion), 2011-2015
Table 14: Nigerian Capital Budget Allocation (NGN billion), 2016-2020
Table 15: Nigerian Defense budget Split between the Army, Air Force, Navy, and Others, 2011-2015
Table 16: Nigerian Defense budget Split between the Army, Air Force, Navy, and Others, 2016-2020
Table 17: Nigerian Expenditure on Army(US$ Billion), 2011-2015
Table 18: Nigerian Expenditure on Army (US$ Billion), 2016-2020
Table 19: Nigerian Expenditure on Navy (US$ Billion), 2011-2015
Table 20: Nigerian Expenditure on Navy (US$ Billion), 2016-2020
Table 21: Nigerian Expenditure on Air Force (US$ Billion), 2011-2015
Table 22: Nigerian Expenditure on Air Force (US$ Billion), 2016-2020
Table 23: Nigerian Per-Capita Defense Expenditure (US$), 2011-2015
Table 24: Nigerian Per-Capita Defense Expenditure (US$), 2016-2020
Table 25: Nigerian Homeland Security Budget (US$ billion), 2011-2015
Table 26: Nigerian Homeland Security Budget (US$ billion), 2016-2020
Table 27: SDI Terrorism Index
Table 28: Benchmarking with Key Markets - 2011-2015 vs. 2016-2020

List of Figures
Figure 1: Nigerian Defense Expenditure (in US$ Bn), 2011-2015
Figure 2: Nigerian Defense Expenditure (in US$ Bn), 2016-2020
Figure 3: Nigerian Defense Expenditure (in NGN Bn), 2011-2015
Figure 4: Nigerian Defense Expenditure (in NGN Bn), 2016-2020
Figure 5: Nigerian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2011-2015
Figure 6: Nigerian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2016-2020
Figure 7: Nigerian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth (in Local Currency Terms), 2011-2015
Figure 8: Nigerian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth (in Local Currency Terms), 2016-2020
Figure 9: Nigerian Defense Budget Split Between Capital and Revenue Expenditure (%), 2011-2015
Figure 10: Nigerian Defense Budget Split Between Capital and Revenue Expenditure (%), 2016-2020
Figure 11: Nigerian Capital Budget Allocation (US$ Billion), 2011-2015
Figure 12: Nigerian Capital Budget Allocation (US$ billion), 2016-2020
Figure 13: Nigerian Capital Budget Allocation (NGN billion), 2011-2015
Figure 14: Nigerian Capital Budget Allocation (NGN billion), 2016-2020
Figure 15: Nigerian Defense budget Split between the Army, Air Force, Navy, and Others, 2011-2015
Figure 16: Nigerian Defense budget Split between the Army, Air Force, Navy, and Others, 2016-2020
Figure 17: Nigerian Expenditure on Army (US$ Billion), 2011-2015
Figure 18: Nigerian Expenditure on Army (US$ Billion), 2016-2020
Figure 19: Nigerian Expenditure on Navy (US$ Billion), 2011-2015
Figure 20: Nigerian Expenditure on Navy(US$ Billion), 2016-2020
Figure 21: Nigerian Expenditure on Air Force (US$ Billion), 2011-2015
Figure 22: Nigerian Expenditure on Air Force (US$ Billion), 2016-2020
Figure 23:Nigerian Per-Capita Defense Expenditure (US$), 2011-2015
Figure 24: Nigerian Per-Capita Defense Expenditure (US$), 2016-2020
Figure 25: Nigerian Homeland Security Budget (US$ billion), 2011-2015
Figure 26: Nigerian Homeland Security Budget (US$ billion), 2016-2020
Figure 27: SDI Terrorism Heat Map, 2015
Figure 28: SDI Terrorism Index, 2015
Figure 29: Benchmarking with Key Markets - 2011-2015 vs. 2016-2020
Figure 30: Defense Expenditure of the World's Largest Military Spenders (US$ Billion), 2015 and 2020
Figure 31: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2015
Figure 32: Fighters and Multi-role Aircraft Market Size (US$ Million), 2015-2025
Figure 33: Marine Helicopters Market Size (US$ Million), 2015-2025
Figure 34: C2/C4ISR Market Size (US$ Million), 2015- 2025

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Geospatial Analytics Market by Type, Technology, Application, Vertical, and Region - Global Forecast to 2021

Geospatial Analytics Market by Type, Technology, Application, Vertical, and Region - Global Forecast to 2021

  • $ 7150
  • Industry report
  • January 2017
  • by MarketsandMarkets

“Geospatial analytics market projected to grow at a CAGR of 19.2%” The geospatial analytics market is projected to grow from USD 30.71 billion in 2016 to USD 73.91 billion by 2021, at a CAGR of 19.2%. ...

Military Personal Protective Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Military Personal Protective Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • February 2017
  • by Transparency Market Research

Global Military Personal Protective Equipment Market: Overview Military personal protective equipment has become a crucial and standard element of soldier equipment. One of the major factor driving the ...

Fiber Optics Gyroscope Market by Sensing Axis, Device, Application, and Geography - Global Forecast to 2022

Fiber Optics Gyroscope Market by Sensing Axis, Device, Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“Fiber optics gyroscope market to grow at a CAGR of 3.61% between 2016 and 2022” The fiber optics gyroscope market is expected to reach USD 1,037.0 million by 2022, at a CAGR of 3.61% between 2016 ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.