Market Research Report
Future of the Argentine Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023
|Published by||GlobalData||Product code||666527|
|Published||Content info||98 Pages
Delivery time: 1-2 business days
|Future of the Argentine Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023|
|Published: July 19, 2018||Content info: 98 Pages||
On-going modernization and procurement programs of the armed forces, the Falkland Islands territorial dispute with the UK, and participation in peacekeeping missions drove Argentine defense expenditure during 2014-2018. With this trend expected to continue over the forecast period, the country is projected to cumulatively spend US$18 billion over 2019-2023. As a percentage of GDP, the country's defense expenditure is expected to average 0.5% over the forecast period, compared to 0.4% recorded in the historic period.
Argentina's defense capital expenditure recorded a relatively flat CAGR of 1.59% during 2014-2018. However, the capital expenditure is projected to grow at a CAGR of 6.97% over the forecast period, primarily due to the procurement of advanced defense equipment and the focus on increasing indigenous defense manufacturing capabilities. Moreover, Argentina is focusing on the development of its domestic defense industrial base in order to reduce its dependency on foreign suppliers and, is therefore engaging in joint production projects and collaborations with foreign equipment manufacturers
Key opportunities for equipment suppliers are expected in sectors such as submarines, multi-role aircraft, and transport aircraft. Revenue expenditure is also projected to increase over the forecast period, at a CAGR of 9.47%, which will be directed towards additional recruitment, training, and development programs for military personnel.
Future of the Argentine Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023, 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.
Companies Mentioned - Fabrica Argentina de Aviones, Astillero Rio Santiago, CITEDEF, INVAP SE, Direccion General de Fabricaciones Militares, Tandanor
The report "Future of the Argentine Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023" offers detailed analysis of the Argentine 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 Argentine defense industry market size and drivers: detailed analysis of the Argentine defense industry during 2019-2023, 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
Import and Export Dynamics: analysis of prevalent trends in the country's imports and exports over the last five years
Market opportunities: list of the top ten defense investment opportunities over the next 5 years
Competitive landscape and strategic insights: analysis of the competitive landscape of the Argentine defense industry.
This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Argentine 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
Profiles of the top domestic and foreign defense manufacturers . This will provide the user with a total competitive landscape of the sector
A deep qualitative analysis of the Argentine defense industry covering sections including demand drivers, Key Trends , and latest industry contracts
Table of Contents
List of Tables
List of Figures