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

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, published by GlobalData, 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

Table of content

Table of Contents
LIST OF FIGURES
LIST OF TABLES
1. Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. About GlobalData
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 GlobalData
9.2. Disclaimer

 

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