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Defense Expenditure in Nigeria to 2015 - Market Sizing and Forecasts: Market Profile Product Image

Defense Expenditure in Nigeria to 2015 - Market Sizing and Forecasts: Market Profile

  • ID: 1873937
  • August 2011
  • Region: Nigeria
  • 114 pages
  • iCD Research

Synopsis
- Top level overview of the Nigerian defense industry
- A breakdown of the Nigerian defense industry by spend pattern valued from 2006 through 2010 and forecasted from 2011 through 2015
- A breakdown of the markets by segments valued from 2006 through 2010 and forecasted from 2011 through 2015
- Emerging trends and opportunities in the Nigerian defense industry in the last 12 months

Summary
ICD Research's "Defense Expenditure in Nigeria to 2015 - Market Sizing and Forecasts: Market Profile" is an essential source of information covering the industry dynamics of the defense industry in Nigeria. The report provides insights into the market opportunities and entry strategies adopted by foreign OEMs (original equipment manufacturers) to gain a market share in the Nigerian 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 details of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities READ MORE >



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
2 Market Attractiveness and Emerging Opportunities
2.1 Defense Market Size and Forecast
2.1.1 Nigerian defense expenditure expected to register lower growth during the forecast period
2.1.2 Peacekeeping operations and efforts to stop smuggling to drive defense expenditure
2.2 Analysis of Defense Budget Allocation
2.2.1 Revenue expenditure accounts for the majority of Nigerian defense budget
2.2.2 Capital expenditure budget expected to grow during the forecast period
2.2.3 Defense budget as a percentage of GDP expected to increase during the forecast period
2.2.4 Per-capita defense expenditure expected to increase during the forecast period
2.2.5 Allocation for the Army accounts for the majority of the defense budget
2.2.6 Budget allocation for the army higher than navy and the air force
2.2.7 Defense budget allocation for the navy expected to be the lowest
2.2.8 Expenditure on the air force to increase during the forecast period
2.2.9 Allocation for other expenses to decline during the forecast period
2.3 Homeland Security Market Size and Forecast
2.3.1 Homeland security budget projected to decline during the forecast period
2.3.2 Extremism, drug trafficking, cyber crime and money laundering to drive the homeland security market
2.3.3 Nigeria comes under ‘moderately affected category’ by terrorist attack
2.3.4 Nigeria experienced moderate terror activity during the review period
2.4 Benchmarking with Key Global Markets
2.4.1 The country’s defense budget 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 AS332 Super Puma helicopters will provide attractive market opportunities
2.5.2 Offshore patrol vessels expected to create new market opportunities
2.5.3 Demand for AW109 helicopters to increase
3 Defense Procurement Market Dynamics
3.1 Import Market Dynamics
3.1.1 Limited defense capability of domestic defense market drives imports
3.1.2 Defense imports expected to increase during the forecast period
3.1.3 China and Italy account for the majority of the country’s defense imports
3.1.4 Aircraft, ships and armored vehicles are the largest imported military hardware
3.2 Export Market Dynamics
3.2.1 Nigeria does not export arms due to its under-developed domestic arms industry
4 Market Entry Strategy
4.1 Market Regulation
4.1.1 Nigeria does not disclose any offset obligations imposed by the country
4.1.2 FDI in defense sector prohibited by the Nigerian government
4.2 Market Entry Route
4.2.1 Direct selling is the preferred market entry route for foreign OEMs
4.3 Key Challenges
4.3.1 Corruption acts as an obstacle for market entry
4.3.2 Small defense budget does not attract suppliers
5 Business Environment and Country Risk
5.1 Business Confidence
5.1.1 Business confidence indicator
5.1.2 Market capitalization trend - Lagos Exchange, Nigeria
5.1.3 FDI inflows by sector
5.1.4 Deployment of credit by sector
5.2 Economic Performance
5.2.1 GDP at constant prices (US dollars)
5.2.2 GDP per capita at constant prices (US dollars)
5.2.3 GDP at current prices (US dollars)
5.2.4 GDP per capita at current prices (US dollars)
5.2.5 GDP split by key segments
5.2.6 Agriculture net output at current prices (Nigerian Naira)
5.2.7 Agriculture net output at current prices (US dollars)
5.2.8 Agriculture net output at current prices as percentage of GDP
5.2.9 Manufacturing net output at current prices (Nigerian Naira)
5.2.10 Manufacturing net output at current prices (US dollars)
5.2.11 Manufacturing net output at current prices as percentage of GDP
5.2.12 Mining, manufacturing and utilities net output at current prices (Nigerian Naira)
5.2.13 Mining, manufacturing and utilities at current prices (US dollars)
5.2.14 Mining, manufacturing and utilities at current prices, as percentage of GDP
5.2.15 Construction net output at current prices (Nigerian Naira)
5.2.16 Construction net output at current prices (US dollars)
5.2.17 Construction net output at current prices as a percentage of GDP
5.2.18 Crude steel production
5.2.19 Crude oil consumption
5.2.20 Inflation rate
5.2.21 Fiscal balance as a percentage of GDP
5.2.22 Current account balance as a percentage of GDP
5.2.23 Exports as a percentage of GDP
5.2.24 Imports as a percentage of GDP
5.2.25 Exports growth
5.2.26 Imports growth
5.2.27 External debt as a percentage of GDP
5.2.28 Annual average exchange rate US$–NGN
5.2.29 End of period exchange rate US$–NGN
5.3 Infrastructure Quality and Availability
5.3.1 Total airports and sea ports
5.3.2 Railways and roadways
5.3.3 Automotive components exports trend
5.3.4 Automotive components imports trend
5.3.5 Passenger car penetration
5.3.6 Total installed capacity for electricity generation
5.3.7 Installed capacity for the generation of conventional thermal electricity
5.3.8 Electricity production
5.3.9 Installed capacity for the generation of hydro-electricity
5.3.10 Installed capacity for renewable electricity generation
5.3.11 Electricity consumption
5.3.12 Healthcare expenditure
5.3.13 Healthcare expenditure as percentage of GDP
5.3.14 Healthcare expenditure per capita
5.3.15 Total internet subscriptions
5.3.16 Broadband internet subscriptions
5.3.17 Personal computer penetration rate
5.3.18 Mobile phone penetration rate
5.4 Labor Force
5.4.1 Labor force
5.4.2 Unemployment rate
5.5 Demographics
5.5.1 Annual disposable income
5.5.2 Annual per-capita disposable income
5.5.3 Annual consumer expenditure on food
5.5.4 Annual per-capita consumer expenditure on food
5.5.5 Urban and rural population
5.5.6 Female percentage of population
5.5.7 Male percentage of population
5.5.8 Mean age of population
5.5.9 Median age of population
5.5.10 Population density
5.5.11 Age distribution of the total population
5.5.12 Age distribution of the male population
5.5.13 Age distribution of the female population
5.5.14 Number of households
5.6 Political and Social Risk
5.6.1 Political stability
5.6.2 Terrorism index
5.6.3 Transparency index
6 Appendix
6.1 Contact Us
6.2 About ICD Research
6.3 Disclaimer

List of Tables
Table 1: ICD Research Intelligence Terrorism Index

List of Figures
Figure 1: Nigerian Defense Market Size and Forecast (US$ Billion), 2006–2015
Figure 2: Nigerian Defense Expenditure Allocation for Capital and Revenue Expenditure (%), 2006–2015
Figure 3: Nigerian Capital Budget (US$ Million), 2006–2015
Figure 4: Nigerian Defense Expenditure as a Percentage of GDP, 2006–2015
Figure 5: Nigerian Per-Capita Defense Expenditure (US$), 2006–2015
Figure 6: Nigerian Defense Budget Breakdown (%), 2006–2015
Figure 7: Nigerian Defense Budget Allocation for the Army (US$ Million), 2006–2015
Figure 8: Nigerian Defense Budget Allocation for the Navy (US$ Million), 2006–2015
Figure 9: Nigerian Defense Budget Allocation for the Air Force (US$ Million), 2006–2015
Figure 10: Nigerian Defense Budget Allocation for Other Expenditure (US$ Million), 2006–2015
Figure 11: Nigerian Homeland Security Budget (US$ Billion), 2006–2015
Figure 12: Nigerian Homeland Security Budget Breakdown (%), 2006–2015
Figure 13: ICD Research Intelligence Terrorism Heat Map, 2010
Figure 14: ICD Research Intelligence Terrorism Index, 2010
Figure 15: Benchmarking with Key Global Markets: Historical vs. Expected Defense Budget Growth
Figure 16: Defense Expenditure of Countries with the Largest Global Military Expenditure (US$ billion), 2010 and 2015
Figure 17: Defense Expenditure as a Percentage of GDP of Countries with the Largest Military Expenditure (%), 2010
Figure 18: Nigerian Defense Imports (US$ Million), 2006–2010
Figure 19: Nigerian Defense Imports by Country (US$ Million), 2006–2010
Figure 20: Nigerian Defense Imports by Country (%), 2006–2010 and 2010
Figure 21: Nigerian Defense Imports by Category (%), 2006–2010 and 2010
Figure 22: Nigerian Business Confidence Indicator, Q1-2008–Q2-2010
Figure 23: Lagos Exchange Market Capitalization (US$ Billion), 2003–2009
Figure 24: Nigerian FDI Inflows by Sector (US$ Billion), 2003–2009
Figure 25: Nigerian Deployment of Credit (US$ Billion), 2003–2009
Figure 26: Nigerian GDP at Constant Prices (US$ Billion), 2003–2015
Figure 27: Nigerian GDP Per Capita at Constant Prices (US$), 2003–2015
Figure 28: Nigerian GDP at Current Prices (US$ Billion), 2003–2015
Figure 29: Nigerian GDP Per Capita at Current Prices (US$), 2003–2015
Figure 30: Nigerian GDP Split by Key Segments (%) 2003 and 2009
Figure 31: Nigerian Agriculture Net Output at Current Prices (NGN Billion), 2003–2015
Figure 32: Nigerian Agriculture Net Output at Current Prices (US$ Billion), 2003–2015
Figure 33: Nigerian Agriculture Net Output at Current Prices as a Percentage of GDP (%), 2003–2015
Figure 34: Nigerian Manufacturing Net Output at Current Prices (NGN Billion), 2003–2015
Figure 35: Nigerian Manufacturing Net Output at Current Prices (US$ Billion), 2003–2015
Figure 36: Nigerian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2003–2015
Figure 37: Nigerian Mining, Manufacturing and Utilities Net Output at Current Prices (NGN Billion), 2003–2015
Figure 38: Nigerian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2003–2015
Figure 39: Nigerian Mining, Manufacturing and Utilities Net Output at Current Prices as a percentage of GDP (%), 2003–2015
Figure 40: Nigerian Construction Net Output at Current Prices (NGN Billion), 2003–2015
Figure 41: Nigerian Construction Net Output at Current Prices (US$ Billion), 2003–2015
Figure 42: Nigerian Construction Net Output at Current Prices as a Percentage of GDP (%), 2003–2015
Figure 43: Nigerian Crude Steel Production (Million Metric Tons), 2003–2015
Figure 44: Nigerian Crude Oil Consumption (Barrels per Day), 2003–2015
Figure 45: Nigerian Inflation Rate (%), 2003–2015
Figure 46: Nigerian Fiscal Balance as a Percentage of GDP (%), 2003–2009
Figure 47: Nigerian Current Account Balance as a Percentage of GDP (%), 2003–2009
Figure 48: Nigerian Exports as a Percentage of GDP (%), 2003–2015
Figure 49: Nigerian Imports as a Percentage of GDP (%), 2003–2015
Figure 50: Nigerian Exports Growth (%), 2003–2015
Figure 51: Nigerian Imports Growth (%), 2003–2015
Figure 52: Nigerian External Debt as a Percentage of GDP (%), 2003–2009
Figure 53: Nigerian Annual Average Exchange Rate US$–NGN, 2003–2009
Figure 54: Nigerian End of Period Exchange Rate US$–NGN, 2003–2009
Figure 55: Nigerian Airports and Sea Ports (Number of), 2009
Figure 56: Nigerian Railways and Roadways (Kilometers), 2009
Figure 57: Nigerian Automotive Components Exports (US$ Million), 2003–2015
Figure 58: Nigerian Automotive Components Imports (US$ Billion), 2003–2015
Figure 59: Nigerian Passenger Car Penetration (per 1000 people), 2003–2015
Figure 60: Nigerian Total Installed Capacity for Electricity Generation (Million Kilowatts), 2003–2015
Figure 61: Nigerian Installed Capacity for the Generation of Conventional Thermal Electricity (Million Kilowatts),
Figure 62: Nigerian Electricity Production (Billion Kilowatt Hours), 2003–2015
Figure 63: Nigerian Installed Capacity for the Generation of Hydro-Electricity (Million Kilowatts), 2003–2015
Figure 64: Nigerian Installed Capacity for the Generation of Renewable Electricity (Million Kilowatts), 2003–2015
Figure 65: Nigerian Electricity Consumption (Billion Kilowatt Hours), 2003–2015
Figure 66: Nigerian Healthcare Expenditure (US$ Billion), 2003–2015
Figure 67: Nigerian Healthcare Expenditure as a Percentage of GDP (%), 2003–2015
Figure 68: Nigerian Per-capita Healthcare Expenditure (US$), 2003–2015
Figure 69: Nigerian Internet Subscriptions (Thousands), 2003–2015
Figure 70: Nigerian Broadband Internet Subscriptions (Thousands), 2003–2015
Figure 71: Nigerian Personal Computer Penetration Rate (per 100 People), 2003–2015
Figure 72: Nigerian Mobile Phone Penetration (%), 2003–2015
Figure 73: Nigerian Size of Labor Force in 15–59 Age Group (Million), 2003–2015
Figure 74: Nigerian Unemployment Rate (%), 2003–2015
Figure 75: Nigerian Annual Disposable Income (US$ Billion), 2003–2015
Figure 76: Nigerian Annual Per-capita Disposable Income (US$), 2003–2015
Figure 77: Nigerian Consumer Expenditure on Food (US$ Billion), 2003–2015
Figure 78: Nigerian Annual Per-Capita Consumer Expenditure on Food (US$), 2003–2015
Figure 79: Nigerian Urban and Rural Population (%), 2003–2015
Figure 80: Nigerian Female Percentage of Population (%), 2003–2015
Figure 81: Nigerian Male Percentage of Population (%), 2003–2015
Figure 82: Nigerian Mean Age of Population (Years), 2003–2015
Figure 83: Nigerian Median Age of Population (Years), 2003–2015
Figure 84: Nigerian Population Density (per Square Kilometer), 2003–2015
Figure 85: Nigerian Population Distribution by Age (%), 2003–2015
Figure 86: Nigerian Male Population Distribution by Age (%), 2003–2015
Figure 87: Nigerian Female Population Distribution by Age (%), 2003–2015
Figure 88: Nigerian Households, Number of (Million), 2003–2015
Figure 89: Global Terrorism Heat Map, 2009
Figure 90: Nigerian Transparency Index, 2003–2009

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