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

  • ID: 4726825
  • Report
  • Region: Azerbaijan
  • 63 pages
  • GlobalData
1h Free Analyst Time

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FEATURED COMPANIES

  • Uralvagonzavod
  • V.A. Degtyarev Plant
  • MORE
Future of the Azerbaijani Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023

Summary

"Future of the Azerbaijani 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 Azerbaijani 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 Azerbaijani defense industry market size and drivers: detailed analysis of the Azerbaijani 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:list of the top ten defense investment opportunities over the next 5 years
  • Competitive landscape and strategic insights: analysis of the competitive landscape of the Azerbaijani defense industry.
Scope
  • Azerbaijan’s defense budget stands at US$1.7 billion in 2018, having registered a CAGR of -17.86% during the historic period. Although the budget remained fairly constant in local currency terms, it declined in US dollar terms due to fluctuations in the exchange rate.
Reasons to Buy
  • This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Azerbaijan 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
  • Profiles of the top domestic and foreign defense manufacturers . This will provide the user with a total competitive landscape of the sector
  • A deep qualitative analysis of the Azerbaijan defense industry covering sections including demand drivers, Key Trends , and latest industry contracts.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Uralvagonzavod
  • V.A. Degtyarev Plant
  • 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 Conditions
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. Azerbaijani defense budget to record a CAGR of 5.27% over the forecast period
3.2.2. Constant state of dispute with Armenia and military modernization are expected to be the key factors driving defense expenditure
3.2.3. The defense budget as a percentage of GDP is expected to increase over the forecast period
3.3. Analysis of Defense Budget Allocation
3.3.1. Procurement of advanced equipment to drive capital expenditure allocation over the forecast period
3.3.2. Capital expenditure is expected to grow at a CAGR of 5.25% over the forecast period
3.3.3. Per capita defense expenditure expected to increase over the forecast period
3.4. Homeland Security Market Size and Forecast
3.4.1. Protection of energy infrastructure and combating drug trafficking will be the key factors driving homeland security
3.4.2. Azerbaijan falls under the “some risk” category on the Terrorism Index
3.4.3. Azerbaijani faces “some risk” of acts of terrorism
3.4.4. Azerbaijan has a terrorism index score of 1.2
3.5. Benchmarking with Key Global Markets
3.5.1. Azerbaijan’s defense budget is expected to register moderate growth over 2019-2023
3.5.2. Azerbaijani defense expenditure is relatively small when compared to the leading defense spenders
3.5.3. Azerbaijan spent 3.8% of its GDP on defense in 2018
3.6. Market Opportunities: Key Trends and Drivers
3.6.1. Top Defense Sectors by Value (US$ Million) - Projections over 2018-2023

4. Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Azerbaijan’s reliance on military imports is expected to decline over the forecast period
4.1.2. Azerbaijan imports the majority of its arms from Russia
4.1.3. Armored vehicles, missiles and ships dominate Azerbaijani defense imports
4.2. Export Market Dynamics
4.2.1. Azerbaijan’s defense exports are negligible, however, they are expected to increase considerably over the forecast period

5. Industry Dynamics
5.1. Market Regulation
5.1.1. Azerbaijan’s foreign investment policy prohibits FDI in the defense sector
5.2. Market Entry Route
5.2.1. Budgeting Process
5.2.2. Government-to-government deals form an attractive entry route for foreign manufacturers

6. Competitive Landscape and Strategic Insights
6.1. Competitive Landscape Overview
6.1.1. The majority of defense equipment in Azerbaijan is supplied by foreign manufacturers

7. Business Environment and Country Risk
7.1. Economic Performance
7.1.1. GDP Per Capita
7.1.2. Gross Domestic Product
7.1.3. Exports of Goods and Services (LCU Billion)
7.1.4. Imports of Goods and Services (LCU Billion)
7.1.5. Gross National Disposable Income
7.1.6. LCU per USD (Period Average)
7.1.7. Goods Exports as a Percentage of GDP
7.1.8. Goods Imports as a Percentage of GDP
7.1.9. Services Imports as a Percentage of GDP
7.1.10. Services Exports as a Percentage of GDP
7.1.11. Foreign Direct Investment, net (BoP, current US$ Billion)
7.1.12. Net Foreign Direct Investment as a Percentage of GDP
7.1.13. Mining, Manufacturing, Utilities Output (LCU Billion)

8. Appendix
8.1. About
8.2. Disclaimer

List of Tables
Table 1: Azerbaijani Army Strength
Table 2: Azerbaijani Air Force Strength
Table 3: Azerbaijani Navy Strength
Table 4: Azerbaijan - Future Procurement Programs
Table 5: Azerbaijan - Future Procurement Programs
Table 6: Azerbaijani Defense Expenditure (AZN Billion & US$ Billion), 2014-2023
Table 7: Azerbaijani GDP Growth and Defense Expenditure as Percentage of GDP Growth, 2014-2023
Table 8: Azerbaijani Defense Budget Split Between Capital and Revenue Expenditure (%), 2014-2023
Table 9: Azerbaijani Defense Capital Expenditure (AZN Billion & US$ Billion), 2014-2023
Table 10: Azerbaijani Per Capita Expenditure (US$), 2014-2023
Table 11: Terrorism Index, 2018
Table 12: Benchmarking with Key Markets, 2014-2018 vs 2019-2023
Table 13: Top Azerbaijani Defense Sectors by Value (US$ Million), 2018-2023
Table 14: Azerbaijan - Budget Formation Timetable
Table 15: Competitive Landscape of the Azerbaijani Defense Industry

List of Figures
Figure 1: Azerbaijani Defense Expenditure (in AZN Billion), 2014-2023
Figure 2: Azerbaijani Defense Expenditure (US$ Billion), 2014-2023
Figure 3: Azerbaijani GDP Growth vs Defense Expenditure Growth and Defense Expenditure as Percentage of GDP, 2014-2023
Figure 4: Azerbaijani Defense Expenditure Split Between Capital and Revenue Expenditure (%), 2014-2023
Figure 5: Azerbaijani Defense Capital Expenditure (AZN Billion), 2014-2023
Figure 6: Azerbaijani Defense Capital Expenditure (US$ Billion), 2014-2023
Figure 7: Azerbaijani Per Capita Expenditure (US$), 2014-2023
Figure 8: Terrorism Heat Map, 2018
Figure 9: Terrorism Index, 2018
Figure 10: Benchmarking with Key Markets, 2014-2018 vs 2019-2023
Figure 11: Defense Expenditure of the World’s Largest Military Spenders (US$ Billion), 2018 and 2023
Figure 12: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2018
Figure 13: Azerbaijani Defense Imports (US$ Million), 2013-2017
Figure 14: Azerbaijani Defense Imports by Country (%), 2013-2017
Figure 15: Azerbaijani Defense Imports by Category (%), 2013-2017
Figure 16: Azerbaijani GDP Per Capita (US$), 2015-2025
Figure 17: Azerbaijani GDP at Current Prices (US$ Billion), 2015-2025
Figure 18: Azerbaijani Exports of Goods and Services (LCU Billion), 2005-2014
Figure 19: Azerbaijani Imports of Goods and Services (LCU Billion), 2005-2014
Figure 20: Azerbaijani Gross National Disposable Income (US$ Billion), 2005-2014
Figure 21: LCU per USD (US$), 2015-2025
Figure 22: Azerbaijani Goods Exports as a Percentage of GDP, 2005-2014
Figure 23: Azerbaijani Goods Imports as a Percentage of GDP, 2005-2014
Figure 24: Azerbaijani Services Imports as a Percentage of GDP, 2005-2014
Figure 25: Azerbaijani Services Exports as a Percentage of GDP, 2005-2014
Figure 26: Azerbaijani Net Foreign Direct Investment (BoP, Current US$ Billion) 2005-2014
Figure 27: Azerbaijani Net Foreign Direct Investment as a Percentage of GDP, 2005-2014
Figure 28: Azerbaijani Mining, Manufacturing, Utilities Output (LCU Billion), 2005-2014
Note: Product cover images may vary from those shown
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  • Uralvagonzavod
  • V.A. Degtyarev Plant
Note: Product cover images may vary from those shown
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