Report Detail
Colombian Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024
- RnM3801319 |
- 03 October, 2019 |
- Global |
- 61 Pages |
- GlobalData |
- Aerospace & Defense
Colombian Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024
Summary
Colombian 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 Colombian 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 Colombian defense industry market size and drivers: detailed analysis of the Croatian 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.
- 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 Colombian defense industry.
Scope
- The Colombian defense industry is expected to register steady growth over the next five years due to the rise of both external and internal security threats, along with the stabilization of the economy. Colombia exhibits a complex security environment due to the presence of various extremist armed rebel forces.
- Moreover, the rise in drug trafficking and other public safety issues such as kidnapping and extortions has compelled the current administration to reshape its defense forces by procuring arms, main battle tanks, UAVs, and air defense systems. In 2018, outgoing president of Colombia - Juan Manuel Santos (2010-2018) signed an agreement with NATO, to become its global partner.
- This newly developed alliance is expected to enhance transparency in the arms and ammunition procurement process. Although the country allocated an average of 3.9% of its GDP for defense sector during the historic period, the majority of the budget was allocated to revenue expenditure, and this trend is expected to continue over the forecast period.
Reasons to buy
- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Colombian 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 Colombian defense industry covering sections including demand drivers, key trends and latest industry contracts.
Table of Contents
LIST OF FIGURES
LIST OF TABLES
1. Introduction
- 1.1. What is this Report About?
- 1.2. Definitions
- 1.3. Summary Methodology
- 1.4. About GlobalData
2. Executive Summary
3. Market Attractiveness and Emerging Opportunities
- 3.1. Current Market Scenario
- 3.1.1. Procurement Programs
- 3.1.2. Key Drivers and Challenges
- 3.2. Defense Market Size Historical and Forecast
- 3.2.1. Colombian defense expenditure as a percentage of GDP anticipated to increase
- 3.2.2. Equipment procurement plans and joint operations expected to drive defense expenditure over the forecast period
- 3.3. Analysis of Defense Budget Allocation
- 3.3.1. Majority of defense budget allocated for the revenue expenditure
- 3.3.2. Colombian aggregate defense expenditure, inclusive of US military aid, is anticipated to post a CAGR of 15.14% over the forecast period.
- 3.3.3. Capital expenditure expected to increase over the forecast period
- 3.3.4. Per capita defense expenditure set to increase over the forecast period
- 3.4. Benchmarking with Key Global Markets
- 3.4.1. Colombia’s defense budget is expected to increase at a CAGR of 15.14% over the forecast period
- 3.4.2. Colombia’s defense expenditure is low compared to European and other Latin American nations
- 3.4.3. Colombia allocates significantly high proportion of its GDP for defense purposes
- 3.5. Market Opportunities: Key Trends and Growth Stimulators
- 3.5.1. Top 10 Defense Market Sectors by Value (US$ Million) - Projections over 2019-2024
4. Defense Procurement Market Dynamics
- 4.1. Import Market Dynamics
- 4.1.1. Defense imports are expected to recover over the forecast period
- 4.1.2. Colombia sourced most its arms imports from Germany and the United States
- 4.1.3. Ships and Aircraft the dominated military hardware imports
- 4.2. Export Market Dynamics
- 4.2.1. Arms exports are low due to the under-developed domestic defense industry
5. Market Entry Strategy
- 5.1. Market Regulation
- 5.1.1. Offset policy aids development of domestic defense industry
- 5.1.2. Colombia does not permit FDI in the defense industry
- 5.2. Market Entry Route
- 5.2.1. Direct selling is the preferred route for the foreign distributors
6. Competitive Landscape and Strategic Insights
- 6.1. Competitive Landscape Overview
- 6.1.1. Colombian market share analysis
7. Business Environment and Country Risk
- 7.1. Economic Performance
- 7.1.1. Gross Domestic per Capita
- 7.1.2. Gross Domestic Product, current US$ Billion
- 7.1.3. Exports of Goods and Services
- 7.1.4. Imports of Goods and Services
- 7.1.5. Gross National Disposable Income
- 7.1.6. Local Currency Unit per US$
- 7.1.7. Market Capitalization of Listed Companies
- 7.1.8. Market Capitalization of Listed Companies as a Percentage of GDP
- 7.1.9. Government Cash Surplus/Deficit as a Percentage of GDP
- 7.1.10. Goods Exports as a Percentage of GDP
- 7.1.11. Goods Imports as a Percentage of GDP
- 7.1.12. Services Imports as a Percentage of GDP
- 7.1.13. Services Exports as a Percentage of GDP
- 7.1.14. Foreign Direct Investment, net (BoP, current US$ Billion)
- 7.1.15. Net Foreign Direct Investment as a Percentage of GDP
- 7.1.16. Mining, Manufacturing, Utilities Output
8. Appendix
- 8.1. About GlobalData
Summary:
Get latest Market Research Reports on Colombian Defense. Industry analysis & Market Report on Colombian Defense is a syndicated market report, published as Colombian Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024. It is complete Research Study and Industry Analysis of Colombian Defense market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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