The Nigerian Defense Industry - Market Opportunities and Entry Strategies Analyses and Forecasts to 2015

Top Quote ICD Research's Report "The Nigerian Defense Industry - Market Opportunities and Entry Strategies Analyses and Forecasts to 2015" is now available at End Quote
  • Dallas, TX (1888PressRelease) July 17, 2011 - Nigerian defense expenditure grew at a CAGR of 17.46% during the review period, and is estimated to reach US$2.1 billion in 2011. Active participation in UN peacekeeping missions and operations to stop the smuggling of stolen oil stimulated expenditure during the review period. These factors are expected to continue to drive defense expenditure throughout the forecast period, with spending anticipated to increase at a CAGR of 8.26% to reach US$2.8 billion by 2015. As a percentage of GDP (gross domestic product), the country's defense budget stood at 0.8% in 2010, and is expected to marginally increase to 0.9% of GDP by 2015.

    ICD Research's report 'The Nigerian Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015' offers insights into the market opportunities and entry strategies adopted by foreign OEMs (original equipment manufacturers) to gain a market share in the Nigerian defense industry. In particular, it offers in-depth analysis of the following:

    Market opportunity and attractiveness
    Procurement dynamics
    Industry structure
    Market entry strategy
    Competitive landscape and strategic insights
    Business environment and country risk

    Reasons to Buy
    Over 100 pages of cutting edge research including tables and figures, covering market by segment value and spend pattern from 2006-2010 and forecasts through to 2015.

    Allows you to foresee challenges and seize opportunities with the report's detailed analysis of the current industry size and growth expectations during 2011-15, including highlights of the key growth stimulators.

    Gain an understanding of emerging opportunities in specific areas as the report benchmarks the defense industry against key global markets.

    Provides you with competitive landscape and strategic insights using the report's overview of key defense companies active across the Nigerian defense industry

    Offers insight on a range of drivers at country level, assessing business environment and country risk.

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