Future of the Algeria Defense Industry Market Attractiveness, Competitive Landscape and Forecasts to 2022

Posted on 2017-09-04 by Mark Hub in Defense // 0 Comments

Market Research HUB

Albany, US, 2017-Sep-04 — /EPR Network/ — Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Future of the Algeria Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2022”, report offers detailed analysis of the Algerian 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.

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The Future of the Algerian Defense Industry Market Attractiveness, Competitive Landscape and Forecasts to 2022, published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

In particular, it provides an in-depth analysis of the following

The Algerian defense industry market size and drivers: detailed analysis of the Algerian defense industry during 2018-2022, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s expenditure and modernization patterns
Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
Porter’s Five Force analysis of the Algerian defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry
Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
Market opportunities: details of the top five defense investment opportunities over the next 10 years
Competitive landscape and strategic insights: analysis of the competitive landscape of the Algerian defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

Scope

With a defense budget of US$10.3 billion in 2017, Algeria is currently the largest military spender in the African region and the world’s tenth largest defense importer of military goods. Military expenditure is strongly supported by the presence of the oil and natural gas industry, where the revenues are directed towards strengthening defense and security. The increased threat of terrorism from the Islamic group, Al-Qaeda in the Islamic Maghreb (AQIM) operating in North Africa, an arms race with neighboring countries such as Morocco and Tunisia, and the ongoing modernization of the armed forces are key factors to drive military expenditure. The instability in neighboring Libya, coupled with the rapid spread of the Islamic State (IS) in the country, has compelled Algeria to bolster its defenses and develop a robust defense posture.
During 2013-2017, an average of 20% of the country’s total defense budget was allocated to capital expenditure, while an average of 80% was reserved for revenue expenditure. The capital expenditure share valued 19.6% in 2017, and is expected to marginally increase during the forecast period to reach 21.5% in 2022. This is primarily due to Algeria having initiated a broad range of military modernization programs, with explicit emphasis on developing the country’s domestic defense industrial capabilities. In 2016, the Algerian Government announced future modernization plans in order to develop a strong defense industry, much of which is expected to focus on domestic industrial capability development.
The MoD is expected to invest in fighter and multi-role aircraft, transport aircraft, attack helicopters, and Armored Personnel Carrier (APC).

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Reasons to buy

This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Algerian defense industry market trends for the coming five years
The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period
Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins, and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector
A deep qualitative analysis of the Algerian defense industry covering sections including demand drivers, Porter’s Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts

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About Market Research Hub

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of defense and security market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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