Algerian Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024
Summary
Algerian Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024 , 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 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 -
- The defense industry market size and drivers: detailed analysis of the Algerian defense industry during 2020-2024, 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 Algerian 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 Algerian 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 question regarding the succession of President Bouteflika, the risks of terrorism spilling over from the turmoil in Libya, regional instability and tensions across the Sahel affect economic, social and political stability in Algeria. Algeria is currently the largest military spender in the African region with a defense budget of US$10.4 billion in 2019.
- The country’s increasing military expenditure is reflected in the ongoing modernization drive due to security challenges and the arms race witnessed in the North African region. Algerian defense expenditure is expected to grow at a CAGR of 4.36% over the forecast period to reach US$12.7 billion in 2024, with the main aim being to replace most of its outdated military equipment.
Reasons to buy
- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Algerian 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 Algerian defense industry covering sections including demand drivers, Porter’s Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts
Summary:
Get latest Market Research Reports on Algerian Defense . Industry analysis & Market Report on Algerian Defense is a syndicated market report, published as Algerian Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024. It is complete Research Study and Industry Analysis of Algerian Defense market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.