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The Nigerian Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2025

  • ID: 5004120
  • Report
  • February 2020
  • Region: Nigeria
  • 87 pages
  • GlobalData
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The Nigerian Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2025

Summary

The Future of the Nigerian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2025 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 Nigerian 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 Nigerian defense industry during 2021-2025, 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 Nigerian 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
  • Competitive landscape and strategic insights: analysis of the competitive landscape of the Nigerian 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 defense budget of Nigeria was US$2.5 billion in 2020 and registered a CAGR of 9.61% during the historical period.
  • Nigeria has been facing internal conflicts and issues which are affecting its growth, stability and national security.
  • Terrorism, drug trafficking, arms trade, and oil theft are significant security challenges.
Reasons to buy
  • This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Nigerian 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 Nigerian 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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1. Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. About the Publisher

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities
3.1. Current Market Scenario
3.2. Defense Market Size Historical and Forecast
3.3. Analysis of Defense Budget Allocation
3.4. Homeland Security Market Size and Forecast
3.5. Benchmarking with Key Global Markets
3.6. Market Opportunities: Key Trends and Drivers

4. Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.2. Export Market Dynamics

5. Industry Dynamics
5.1. Five Forces Analysis

6. Market Entry Strategy
6.1. Market Regulation
6.2. Market Entry Route
6.3. Key Challenges

7. Competitive landscape and Strategic Insights
7.1. Competitive landscape Overview
7.2. Nigeria Market Share Analysis, 2020-2025
7.3. Key Companies

8. Business Environment and Country Risk
8.1. Economic Performance

9. Appendix
9.1. About the Publisher
9.2. Disclaimer

List of Tables
Table 1: Nigerian - Ongoing Development and Procurement Programs (US$ Million), 2016-2020
Table 2: Nigerian - Future Procurement Programs
Table 3: Nigerian - Top Defense Procurement Programs by Value (US$ Million), 2020-2025
Table 4: Nigerian Military Training Exercises
Table 5: Nigerian Defense Expenditure (NGN billion and US$ billion), 2016-2025
Table 6: Nigerian GDP Growth vs. Defense Expenditure as Percentage of GDP Growth, 2016-2025
Table 7: Nigerian Defense Budget Split between Capital and Revenue Expenditure (%), 2016-2025
Table 8: Nigerian Defense Capital Expenditure (NGN Billion and US$ Billion), 2016-2025
Table 9: Nigerian Defense Budget Split Between the Army, Air Force, Navy, and Others, 2016-2025
Table 10: Nigeria Defense Budget Split Between Military Services (Army, Air Force, Navy and Others), 2016-2025
Table 11: Nigeria Defense Budget Split Between Military Services (Army, Air Force, Navy and Others), 2016-2025
Table 12: Nigerian Per Capita Defense Expenditure (US$), 2016-2025
Table 13: Nigerian Homeland Security Expenditure (NGN Billion and US$ billion), 2016-2025
Table 14: Benchmarking with Key Markets 2016-2020 vs. 2021-2025
Table 15: Top Nigerian Defense Sectors by Value (US$ Million), 2019-2024
Table 16: Competitive Landscape of the Nigeria Defense Industry
Table 17: Top Defense Suppliers in Nigerian Defense Industry by Value (US$ Million), 2020-2025
Table 18: Defence Industries Corporation of Nigeria - Main Products
Table 19: Defence Industries Corporation of Nigeria: Alliances
Table 20: Defence Industries Corporation of Nigeria: Recent Contract Awards
Table 21: Dornier Aviation Nigeria AIEP Limited - Main Products

List of Figures
Figure 1: Nigerian Defense Budget: 2020 and 2025
Figure 2: Nigerian Defense Imports: 2014 and 2018
Figure 3: Nigerian National Security Threats
Figure 4: Nigeria's Top Prospective Procurements/Developments
Figure 5: Nigerian Partnering Countries for Defense Cooperation and Military Training
Figure 6: Nigerian Defense Expenditure (NGN Billion), 2016-2025
Figure 7: Nigerian Defense Expenditure (in US$ Billion), 2016-2025
Figure 8: Nigerian GDP Growth vs. Defense Expenditure as Percentage of GDP Growth, 2016-2025
Figure 9: Nigerian Defense Budget Split Between Capital and Revenue Expenditure (%), 2016-2025
Figure 10: Nigerian Capital Budget Allocation (NGN Billion), 2016-2025
Figure 11: Nigerian Capital Budget Allocation (US$ Billion), 2016-2025
Figure 12: Nigerian Defense Budget Split Between the Army, Air Force, Navy and Others, 2016-2025
Figure 13: Nigerian Defense Budget in NGN Billion - Breakdown by Services (Army, Air Force, Navy and Others), 2016-2025
Figure 14: Nigerian Defense Budget in US$ Billion - Breakdown by Services (Army, Air Force, Navy and Others), 2016-2025
Figure 15: Nigerian Per Capita Defense Expenditure (US$), 2016-2025
Figure 16: Nigerian Homeland Security Budget (NGN billion), 2016-2025
Figure 17: Nigerian Homeland Security Budget (US$ billion), 2016-2025
Figure 18: Benchmarking with Key Markets 2016-2020 vs. 2021-2025
Figure 19: Defense Expenditure of the World's Largest Military Spenders (US$ Billion), 2020 and 2025
Figure 20: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2020
Figure 21: Nigerian - Airborne C4ISR Market Size (US$ Million), 2020-2025
Figure 22: Nigerian Critical Infrastructure Protection, Market Size (US$ Million), 2020-2025
Figure 23: Nigerian - Multi-Role Aircraft Market Size (US$ Million), 2020-2025
Figure 24: Nigerian, Defense Imports (US$ Million), 2014-2018 (TIV Values*)
Figure 25: Nigerian, Defense Imports by Country (%), 2014-2018
Figure 26: Nigerian Defense Imports by Category (%), 2014-2018
Figure 27: Industry Dynamics Porter's Five Forces Analysis
Figure 28: Nigeria Budgeting Process
Figure 29: Key Challenges in Nigerian Defense Market
Figure 30: Nigerian Market Share Analysis, 2020-2025
Figure 31: Nigeria's GDP per Capita (US$), 2015-2025
Figure 32: Nigeria's Gross Domestic Product (Current US$ Billion), 2015-2025
Figure 33: Nigeria's Exports of Goods and Services (LCU Billion), 2005-2014
Figure 34: Nigeria's Imports of Goods and Services (LCU Billion), 2005-2014
Figure 35: Nigeria's Gross National Disposable Income (US$ Billion), 2005-2013
Figure 36: Nigeria's LCU per US$, 2016-2025
Figure 37: Nigeria's Market Capitalization of Listed Companies (US$ Billion), 2005-2012
Figure 38: Nigeria's Market Capitalization of Listed Companies (% GDP), 2005-2012
Figure 39: Nigeria's Goods Exports as a Percentage of GDP, 2005-2012
Figure 40: Nigeria's Goods Imports as a Percentage of GDP, 2005-2012
Figure 41: Nigeria's Services Imports as a Percentage of GDP, 2005-2012
Figure 42: Nigeria's Services Exports as a Percentage of GDP, 2002-2012
Figure 43: Nigeria's Net Foreign Direct Investment (BoP, Current US$ Billion), 2005-2012
Figure 44: Nigeria's Net FDI as a Percentage of GDP, 2005-2012
Figure 45: Nigeria's Mining, Manufacturing, Utilities Output (LCU Billion), 2005-2014

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  • Defense Industries Corporation of Nigeria
  • Dornier Aviation Nigeria AIEP Limited
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