New Market Report: The Nigerian Defense Industry to 2015

June 3, 2011 - PRLog -- This report offers insights into the market opportunities and entry strategies adopted by foreign OEMs
(original equipment manufacturers) to gain a market share in the Bruneian defense industry. In
particular, it offers in-depth analysis of the following:

* Market opportunity and attractiveness: detailed analysis of the current industry size and

growth expectations during 2011-2015, 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.

* Procurement dynamics: trend analysis of imports and exports, together with its implications and impact on the Bruneian defense industry.
* Industry structure: five forces analysis to identify various power centers in the industry and how these are likely to develop in the future.
* Market entry strategy: analysis of possible ways to enter the market, together with detailed descriptions of how existing players have entered the market, including key contracts, alliances, and strategic initiatives.
* Competitive landscape and strategic insights: analysis of competitive landscape of the defense industry in Nigeria. 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.
* Business environment and country risk: a range of drivers at country level, assessing business environment and country risk. It covers historical and forecast values for a range of indicators, evaluating business confidence, economic performance, infrastructure quality and

------------------------------------------------------------
Full Report Details at
- http://www.fastmr.com/prod/169123_the_nigerian_defense_in...
------------------------------------------------------------

availability, labor force, demographics, and political and social risk.

Key Highlights

Nigerian defense expenditure grew at a CAGR of 17.46% during the review period, and is estimated to reach US$2.1 billion in 2011. Active participation in UN peacekeeping missions and operations to stop the smuggling of stolen oil stimulated expenditure during the review period. These factors are expected to continue to drive defense expenditure throughout the forecast period, with spending anticipated to increase at a CAGR of 8.26% to reach US$2.8 billion by 2015. As a percentage of GDP (gross domestic product), the country's defense budget stood at 0.8% in 2010, and is expected to marginally increase to 0.9% of GDP by 2015.
The capital expenditure allocation of the defense budget, which stood at an average of 16.5% during the review period, is estimated to decline to an average of 10.0% during the forecast period as a result of a reduced budget allocation for equipment purchases. Consequently, revenue expenditure is likely to increase from 83.5% during the review period to 90.0% during the forecast period. Defense budget allocations for the army, navy, air force and others averaged 36%, 19%, 21% and 24% respectively during the review period.

Scope

Analysis of Defense industry market size from 2006 through 2010 and forecasts till 2015
Analysis of defense budget allocation
Benchmarking with key global markets
Market opportunities
Defense procurement dynamics
Industry dynamics
Market entry strategy
Competitive landscape and strategic insights
Business environment and country risk

Reason to Purchase

* Gain insight into the Nigerian defense industry with current, historic and forecast market values
* Get insight on market opportunity and attractiveness
* Get insight on industry procurement dynamics
* Gain insight on industry structure
* Gain insight into the regulations governing the Nigerian defense industry and the potential market entry strategies with an expert analysis of the competitive structure
* Identify top companies of the Nigerian defense industry along with profiles of all those companies


Partial Table of Contents:

1 Introduction
1.1 About this Report
1.2 Definitions
1.3 Methodology
1.3.1 Secondary research
1.3.2 Primary research
1.3.3 Conventions
1.4 ICD Research Intelligence Terrorism Index
1.5 About ICD Research Defense Intelligence Center
1.6 About Strategic Defence Intelligence (www.strategicdefenceintelligence.com)
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities
3.1 Defense Market Size and Forecast
3.1.1 Nigerian defense expenditure expected to register lower growth during the forecast period
3.1.2 Peacekeeping operations and efforts to stop smuggling to drive defense expenditure
3.2 Analysis of Defense Budget Allocation
3.2.1 Revenue expenditure accounts for the majority of Nigerian defense budget
3.2.2 Capital expenditure budget expected to grow during the forecast period
3.2.3 Defense budget as a percentage of GDP expected to increase during the forecast period
3.2.4 Per-capita defense expenditure expected to increase during the forecast period
3.2.5 Allocation for the army accounts for the majority of the defense budget
3.2.6 Budget allocation for the army higher than navy and the air force
3.2.7 Defense budget allocation for the navy expected to be the lowest
3.2.8 Expenditure on the air force to increase during the forecast period
3.2.9 Allocation for other expenses to decline during the forecast period
3.3 Homeland Security Market Size and Forecast
3.3.1 Homeland security budget projected to decline during the forecast period
3.3.2 Extremism, drug trafficking, cyber crime and money laundering to drive the homeland security market
3.3.3 Nigeria comes under 'moderately affected category' by terrorist attack
3.3.4 Nigeria experienced moderate terror activity during the review period
3.4 Benchmarking with Key Global Markets

Full Table of Contents is available at:
-- http://www.fastmr.com/catalog/product.aspx?productid=1691...

About ICD-Research

ICD Research is a full-service global market research consultancy service.  Their specialities include online research, qualitative and quantitative research, custom approach and actionable insights.  ICD-Research‚Äôs capabilities provide a one-stop research and analysis service with full-spectrum consulting, from problem definition, through conducting fieldwork, to delivery of strategic recommendations.  View more research from ICD-Research at http://www.fastmr.com/catalog/publishers.aspx?pubid=1029

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

# # #

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.