Future of the Mexican Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023

  • ID: 4726822
  • Report
  • Region: Mexico
  • 64 pages
  • GlobalData
1 of 4

FEATURED COMPANIES

  • Aviabaltika de Mexico
  • Lockheed Martin
  • Productos Mendoza
  • MORE
Future of the Mexican Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023

Summary

"Future of the Mexican Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023" 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.

This report offers detailed analysis of the Mexican 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.

In particular, it provides an in-depth analysis of the following -
  • The defense industry market size and drivers: detailed analysis of the Mexican defense industry during 2019-2023, 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
  • 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
  • Competitive landscape and strategic insights: analysis of the competitive landscape of the Mexican defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.
Scope
  • The Mexican defense budget values US$5.9 billion in 2018 and registered a CAGR of -3.35% during the historic period.
  • As one of the largest oil and gas exporters in the North American and Latin American region, Mexico was hit hard by the fall in energy prices, which prompted the government to cut back on overall government spending.
Reasons to Buy
  • This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Mexican 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 Mexican defense industry covering sections including demand drivers, Key Trends and Growth Stimulators, and latest industry contracts.
READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Aviabaltika de Mexico
  • Lockheed Martin
  • Productos Mendoza
  • MORE
1. Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. About

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities
3.1. Current Market Scenario
3.1.1. Military Fleet size
3.1.2. Procurement Programs
3.1.3. Key Drivers and Challenges
3.2. Defense Market Size Historical and Forecast
3.2.1. Mexican defense budget to grow at a forecast-period CAGR of 4.23%
3.2.2. The government’s fight against drug trafficking is set to drive defense expenditure over the forecast period
3.2.3. Defense budget as a percentage of GDP to remain at an average of 0.46% over the forecast period
3.3. Analysis of Defense Budget Allocation
3.3.1. Capital expenditure will increase over the forecast period
3.3.2. Capital expenditure is anticipated to record a forecast-period CAGR of 4.47%
3.3.3. Per capita defense expenditure to rise over the forecast period
3.4. Homeland Security Market Size and Forecast
3.4.1. Homeland security will post a forecast-period CAGR of 6.26%
3.4.2. Organized crime and money laundering to drive the HLS market
3.4.3. Mexico falls under the “moderately affected” category on the terrorism index
3.4.4. Mexico faces a moderate threat from terrorist organizations
3.4.5. Mexico has a terrorism index score of 3.3
3.5. Benchmarking with Key Global Markets
3.5.1. Mexico’s defense budget expected to increase over the forecast period
3.5.2. Mexico’s military expenditure is limited compared to countries with the largest defense expenditures
3.5.3. The defense budget as a percentage of GDP is set to decline over the forecast period
3.6. Market Opportunities: Key Trends and Drivers

4. Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Limited domestic defense capabilities to drive the country’s defense imports
4.1.2. The US, France and the Netherlands are Mexico’s major suppliers for the Mexico
4.1.3. Aircraft and armored vehicles accounted for 88.6% of defense imports
4.2. Export Market Dynamics
4.2.1. Mexico does not export arms due to an underdeveloped domestic arms industry

5. Market Entry strategy
5.1. Market Regulation
5.1.1. Mexico has not disclosed any offset obligations
5.1.2. Mexico allows 100% FDI in the defense industry
5.2. Market Entry Route
5.2.1. Budgeting process
5.2.2. Procurement Policy and Process
5.2.3. Military collaborations provide good market entry opportunities

6. Competitive Landscape and Strategic Insights
6.1. Competitive Landscape Overview

7. Business Environment and Country Risk
7.1. Economic Performance
7.1.1. GDP Per Capita at Constant Prices (US$)
7.1.2. GDP at Current Prices (US$)
7.1.3. Exports of Goods and Services
7.1.4. Imports of Goods and Services
7.1.5. Gross National Disposable Income
7.1.6. LCU per US$ (Period Average)
7.1.7. Market Capitalization of Listed Companies
7.1.8. Market Capitalization of Listed Companies (Percentage of GDP)
7.1.9. Goods Exports as a Percentage of GDP
7.1.10. Goods Imports as a Percentage of GDP
7.1.11. Service Imports as a Percentage of GDP
7.1.12. Services Exports as a Percentage of GDP
7.1.13. Foreign Direct Investment (FDI), net (BoP, current US$ Billion)
7.1.14. Net FDI as a Percentage of GDP
7.1.15. Mining, Manufacturing, Utilities Output

8. Appendix
8.1. About
8.2. Disclaimer

List of Tables
Table 1: Mexican Ground Forces Strength
Table 2: Mexican Air Force Strength
Table 3: Mexican Navy Strength
Table 4: Mexican Ongoing Development and Procurement Programs (US$ Million)
Table 5: Mexican Future Procurement Programs
Table 6: Mexican Defense Expenditure (MXN Billion and US$ Billion), 2014-2023
Table 7: Mexican GDP Growth and Defense Expenditure as a Percentage of GDP Growth (%), 2014-2023
Table 8: Mexican Defense Budget Split Between Capital and Revenue Expenditure (%), 2014-2023
Table 9: Mexican Defense Capital Expenditure (MXN Billion & US$ Billion), 2014-2023
Table 10: Mexican Per Capita Defense Expenditure (US$), 2014-2023
Table 11: Mexican Homeland Security Expenditure (MXN Billion and US$ Billion), 2014-2023
Table 12: Terrorism Index, 2018
Table 13: Benchmarking with Key Markets - 2014-2018 vs 2019-2023
Table 14: Top Mexican Defense Sectors by Value (US$ Million), 2018-2023
Table 15: Mexican Budget process
Table 16: Mexican - Competitive Landscape of Defense Industry, 2018

List of Figures
Figure 1: Mexican Defense Expenditure (MXN Billion), 2014-2023
Figure 2: Mexican Defense Expenditure (US$ Billion), 2014-2023
Figure 3: Mexican GDP Growth and Defense Expenditure as a Percentage of GDP Growth (%), 2014-2023
Figure 4: Mexican Defense Budget Split Between Capital and Revenue Expenditure (%), 2014-2023
Figure 5: Mexican Defense Capital Expenditure (MXN Billion), 2014-2023
Figure 6: Mexican Defense Capital Expenditure (US$ Billion), 2014-2023
Figure 7: Mexican Per Capita Defense Expenditure (US$), 2014-2023
Figure 8: Mexican Homeland Security Expenditure (MXN Billion), 2014-2023
Figure 9: Mexican Homeland Security Expenditure (US$ Billion), 2014-2023
Figure 10: Terrorism Heat Map, 2018
Figure 11: Terrorism Index, 2018
Figure 12: Mexico - Benchmarked Against Key Markets (%), 2014-2018 vs. 2019-2023
Figure 13: Defense Expenditure of the World’s Largest Military Spenders (US$ Billion), 2018 and 2023
Figure 14: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2018
Figure 15: Mexican Defense Imports (US$ Million), 2013-2017 (TIV Values*)
Figure 16: Mexican Defense Imports by Country (%), 2013-2017
Figure 17: Mexican Defense Imports by Category (%), 2013-2017
Figure 18: Mexican - GDP Per Capita at Constant Prices (US$), 2015-2025
Figure 19: Mexican - GDP at Current Prices (US$ Billion), 2015-2025
Figure 20: Mexican - Exports of Goods and Services (LCU Trillion), 2005-2014
Figure 21: Mexican - Imports of Goods and Services (LCU Trillion), 2005-2014
Figure 22: Mexican - Gross National Disposable Income (US$ Billion), 2005-2012
Figure 23: Mexican - LCU per US$, 2015-2024
Figure 24: Mexican - Market Capitalization of Listed Companies (US$ Billion), 2005-2012
Figure 25: Mexican - Market Capitalization of Listed Companies (Percentage of GDP), 2005-2012
Figure 26: Mexican - Goods Exports as a Percentage of GDP, 2005-2014
Figure 27: Mexican - Goods Imports as a Percentage of GDP, 2005-2014
Figure 28: Mexican - Services Imports as a Percentage of GDP, 2005-2014
Figure 29: Mexican - Services Exports as a Percentage of GDP, 2005-2014
Figure 30: Mexican - FDI, Net (BoP, Current US$ Billion), 2005-2014
Figure 31: Mexican - Net FDI as a Percentage of GDP, 2005-2014
Figure 32: Mexican - Mining, Manufacturing, Utilities Output (LCU Trillion), 2005-2014
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • Productos Mendoza
  • Aviabaltika de Mexico
  • Lockheed Martin
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll