Yemeni Defense Market 2016: Industry Review Maglia Dalbert Henrique , Research, Statistics, and Growth to 2021 Marketing Articles | July 31, 2016
Market Research Report on Yemeni Defense Market 2016 is a professional and in-depth complete study on the current state of the Yemeni Defense worldwide.
The Yemeni defense market will be driven by extremist infiltration Maglia Daniele Padelli , the large scale presence of groups such as radical extremists and drug traffickers, and the restructuring of military units to make the defense sector more effective and efficient. In addition, the capital expenditure allocation is anticipated to average 21.1% of the total defense budget during 2017-2021, and defense equipment procurements are expected to be in the areas of Fingerprint Recognition Biometric Technology and Unmanned Aerial vehicles (UAV's).
Key Findings - During 2012-2016 Maglia Borja Valero , Yemeni defense expenditure registered a growth rate of 2.67%, increasing from US$1.6 billion in 2012 to US$1.8 billion in 2016
- Military expenditure is anticipated to register a CAGR of 1.19% during 2017-2021, to value US$1.9 billion in 2021
- Belarus and Russia dominate the market and this along with the scarcity of skilled laborimpose challenges for the Yemeni defense market
- Demand for equipment is mainly expected to revolve around Fingerprint Recognition Biometric Technology and Unmanned Aerial vehicles (UAV's) during 2017-2021
Strategic Defense Intelligence'sreport - Future of the Yemeni Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2021 offers detailed analysis of the industry with market size forecasts from 2017-2021. This report will also analyze factors that influence demand in the industry Maglia Kwadwo Asamoah , key market trends, and challenges faced by industry participants.In particular, it provides an in-depth analysis of the following:
- Defense industry market size and drivers: detailed analysis of the defense industry during 2017-2021, including highlights of the demand drivers and growth stimulators. 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 the army Maglia Matteo Politano , navy, and air force. It also details the key challenges faced by defense market participants within the country
- Porter's Five Force analysis of the defense industry: analysis of the market characteristics by determining the bargaining power of suppliers andbuyers, the threat of substitution, intensity of rivalry Maglia Radja Nainggolan , 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 from 2016 to 2026
1 Introduction 1.1. What is this Report About? 1.2. Definitions 1.3. Summary Methodology 1.4. SDI Terrorism Index 1.5. About Strategic Defense Intelligence
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities 3.1. Defense Market Size Historical and Forecast 3.1.1. Defense expenditure expected to grow at a CAGR of 1.19% over the forecast period 3.1.2. Threats from Al-Qaeda, rising local insurgent groups, and the military modernization program are expected to be key factors driving defense expenditure 3.1.3. Defense budget as a percentage of GDP expected to decline over the forecast period 3.2. Analysis of Defense Budget Allocation 3.2.1. Capital expenditure allocation to average 21.1% of the total budget over the forecast period 3.2.2. Capital expenditure to increase at a CAGR of 2.95% over the forecast period 3.2.3. Per capita defense expenditure expected to decrease over the forecast period 3.3. Homeland Security Market Size and Forecast 3.3.1. Homeland security budget expected to increase over the forecast period 3.3.2. Illegal drug trade, human trafficking Maglia Matias Vecino , and civil war and local insurgencies will be the key factors driving homeland security 3.3.3. Yemen considered as 'highly affected' in terms of terrorist attack 3.4. Benchmarking with Key Global Markets
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