Future of the Algerian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019
On 30th April 2014
The Algerian Defense Industry is expected to increase at a CAGR exceeding 10%, to reach over US$20 billion by 2019.
The Future of the Algerian Defense Industry Market Attractiveness, Competitive Landscape and Forecasts to 2019 published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast Algerian defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
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With a defense budget of US$12.3 billion in 2014, Algeria is currently the largest military spender in the African region
Increased threat of terrorism from the Islamist group operating the North Africa region, an arms race with neighboring countries such as Morocco, Libya, and Tunisia, and ongoing modernization of the armed forces are factors driving military expenditure
The countrys capital expenditure is expected to increase from US$4.2 billion in 2015 to US$6.0 billion in 2019, growing at a strong CAGR of 9.47% during the forecast period
The Algerian government is expected to procure tanker transport aircraft, armored vehicles, landing platform dock radar, frigates and surveillance systems, UAVs, submarines, and other surveillance equipment.
This report offers detailed analysis of the Algerian 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:
Algerian defense industry market size and