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Nigeria Aerospace and Defense Market Summary, Competitive Analysis and Forecast, 2017-2026

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    Report

  • 43 Pages
  • November 2022
  • Region: Nigeria
  • MarketLine
  • ID: 5714991
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Aerospace & Defense in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The aerospace & defense market consists of the military aerospace and defense market.
  • The Nigerian aerospace & defense market had total revenues of $4.3bn in 2021, representing a compound annual growth rate (CAGR) of 20.1% between 2016 and 2021.
  • The Systems & Ordnance segment was the market's most lucrative in 2021, with total revenues of $2.4bn, equivalent to 55.2% of the market's overall value.
  • The value of the Nigerian aerospace & defense market grew by 64.7% in 2021.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in Nigeria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in Nigeria
  • Leading company profiles reveal details of key aerospace & defense market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria aerospace & defense market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Nigeria aerospace & defense market by value in 2021?
  • What will be the size of the Nigeria aerospace & defense market in 2026?
  • What factors are affecting the strength of competition in the Nigeria aerospace & defense market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Nigeria's aerospace & defense market?
Frequently Asked Questions about the Nigerian Aerospace and Defense Market

What is the estimated value of the Nigerian Aerospace and Defense Market?

The Nigerian Aerospace and Defense Market was estimated to be valued at $4.34 Billion in 2021.

What is the growth rate of the Nigerian Aerospace and Defense Market?

The growth rate of the Nigerian Aerospace and Defense Market is 13.3%, with an estimated value of $8.12 Billion by 2026.

What is the forecasted size of the Nigerian Aerospace and Defense Market?

The Nigerian Aerospace and Defense Market is estimated to be worth $8.12 Billion by 2026.

Who are the key companies in the Nigerian Aerospace and Defense Market?

Key companies in the Nigerian Aerospace and Defense Market include General Dynamics Corporation, United Aircraft Corp and Dassault Aviation SA.

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape

2 Market Overview
2.1. Market definition
2.2. Market analysis

3 Market Data
3.1. Market value

4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook
5.1. Market value forecast

6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the most notable recent deals in this market?

8 Company Profiles
8.1. General Dynamics Corporation
8.2. United Aircraft Corp
8.3. China North Industries Corp
8.4. Dassault Aviation SA

9 Macroeconomic Indicators
9.1. Country data

10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher

List of Tables
Table 1: Nigeria aerospace & defense sector value: $ million, 2016-21
Table 2: Nigeria aerospace & defense sector category segmentation: $ million, 2021
Table 3: Nigeria aerospace & defense sector geography segmentation: $ million, 2021
Table 4: Nigeria aerospace & defense sector value forecast: $ million, 2021-26
Table 5: General Dynamics Corporation: key facts
Table 6: General Dynamics Corporation: Annual Financial Ratios
Table 7: General Dynamics Corporation: Key Employees
Table 8: General Dynamics Corporation: Key Employees Continued
Table 9: United Aircraft Corp: key facts
Table 10: United Aircraft Corp: Annual Financial Ratios
Table 11: United Aircraft Corp: Key Employees
Table 12: China North Industries Corp: key facts
Table 13: China North Industries Corp: Key Employees
Table 14: Dassault Aviation SA: key facts
Table 15: Dassault Aviation SA: Annual Financial Ratios
Table 16: Dassault Aviation SA: Key Employees
Table 17: Nigeria size of population (million), 2017-21
Table 18: Nigeria gdp (constant 2005 prices, $ billion), 2017-21
Table 19: Nigeria gdp (current prices, $ billion), 2017-21
Table 20: Nigeria inflation, 2017-21
Table 21: Nigeria consumer price index (absolute), 2017-21
Table 22: Nigeria exchange rate, 2017-21

List of Figures
Figure 1: Nigeria aerospace & defense sector value: $ million, 2016-21
Figure 2: Nigeria aerospace & defense sector category segmentation: % share, by value, 2021
Figure 3: Nigeria aerospace & defense sector geography segmentation: % share, by value, 2021
Figure 4: Nigeria aerospace & defense sector value forecast: $ million, 2021-26
Figure 5: Forces driving competition in the aerospace & defense sector in Nigeria, 2021
Figure 6: Drivers of buyer power in the aerospace & defense sector in Nigeria, 2021
Figure 7: Drivers of supplier power in the aerospace & defense sector in Nigeria, 2021
Figure 8: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Nigeria, 2021
Figure 9: Factors influencing the threat of substitutes in the aerospace & defense sector in Nigeria, 2021
Figure 10: Drivers of degree of rivalry in the aerospace & defense sector in Nigeria, 2021

Companies Mentioned

A selection of companies mentioned in this report includes:

  • General Dynamics Corporation
  • United Aircraft Corp
  • China North Industries Corp
  • Dassault Aviation SA