South African Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024

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. Primary Threat Perception
  • 3.1.2. Military Doctrine and Strategy
  • 3.1.3. Procurement Programs
  • 3.1.4. Top Procurement Programs by Value (US$ Million), 2019-2024
  • 3.1.5. Social, Political and Economic Environment and Support for Defense Projects
  • 3.1.6. Political and Strategic Alliances
• 3.2. Defense Market Size Historical and Forecast
  • 3.2.1. South African defense expenditure expected to grow at a CAGR of 3.10% over the forecast period
  • 3.2.2. Modernization initiatives, peacekeeping missions, and border security to drive defense expenditure
  • 3.2.3. Military expenditure as a percentage of GDP is anticipated to increase over the forecast period
• 3.3. Analysis of Defense Budget Allocation
  • 3.3.1. Capital expenditure share to remain constant over the forecast period
  • 3.3.2. Capital expenditure anticipated to increase at a CAGR of 4.10% over the forecast period
  • 3.3.3. Others segment accounted for the largest percentage share of the overall defense budget
  • 3.3.4. Army expenditure to grow at a modest pace over the forecast period
  • 3.3.5. Per-capita defense expenditure expected to increase over the forecast period
• 3.4. Homeland Security Market Size and Forecast
  • 3.4.1. Homeland security expenditure to grow at a CAGR of 4.50% over the forecast period
  • 3.4.2. Homeland security expenditure to be driven by the rising threat of global terrorism and high violent crime rates
• 3.5. Benchmarking with Key Global Markets
  • 3.5.1. South African defense expenditure expected to remain low compared to leading spenders
  • 3.5.2. The country will continue to be a small player in the global defense market
  • 3.5.3. South African defense expenditure as a percentage of GDP is lower than the majority of leading defense spenders
• 3.6. Market Opportunities: Key Trends and Growth Stimulators
  • 3.6.1. Top 10 Defense Market Categories by Value (US$ Million) - 2019-2024
  • 3.6.2. Airborne C4ISR
  • 3.6.3. Physical Security
  • 3.6.4. Infantry Fighting Vehicles

4. Defense Procurement Market Dynamics

• 4.1. Import Market Dynamics
  • 4.1.1. Defense imports expected to remain constant over the forecast period
  • 4.1.2. Russia dominated South Africa’s defense imports
  • 4.1.3. Satellites were the main defense import
• 4.2. Export Market Dynamics
  • 4.2.1. Defense export value increased significantly during 2014-2018
  • 4.2.2. The US accounted for the largest share of South African defense exports
  • 4.2.3. Armored vehicles accounted for the majority of the country’s defense exports

5. Industry Dynamics

• 5.1. Five Forces Analysis
  • 5.1.1. Bargaining Power of Supplier: Low
  • 5.1.2. Bargaining Power of Buyer: Medium
  • 5.1.3. Barrier to Entry: Medium
  • 5.1.4. Intensity of Rivalry: High
  • 5.1.5. Threat of Substitution: Medium

6. Market Entry Strategy

• 6.1. Market Regulation
  • 6.1.1. Offset policy ensures support for local companies
  • 6.1.2. FDI is channeled into benefitting local business
• 6.2. Market Entry Route
  • 6.2.1. Budgeting Process
  • 6.2.2. Procurement policy and process
  • 6.2.3. Foreign OEMs find alternative routes into the market
  • 6.2.4. Joint ventures and collaborations provide market entry opportunities
• 6.3. Key Challenges
  • 6.3.1. Corruption and lack of transparency pose an obstacle for market entry
  • 6.3.2. Lack of relevant defense policy
  • 6.3.3. Lack of transparency

7. Competitive Landscape and Strategic Insights

• 7.1. Competitive Landscape Overview
  • 7.1.1. South African Market Share Analysis, 2018
• 7.2. Key Public Sector Companies
  • 7.2.1. Denel: Overview
  • 7.2.2. Denel: Products and Services
  • 7.2.3. Denel: Recent Announcements and Strategic Initiatives
  • 7.2.4. Denel: Alliances
  • 7.2.5. Denel: Recent Contract Wins
  • 7.2.6. Ansys Limited: Overview
  • 7.2.7. Ansys Limited: Products
  • 7.2.8. Ansys Limited: Alliances
  • 7.2.9. Ansys Limited: Recent Contract Wins
  • 7.2.10. Ansys Limited: Financial Analysis
• 7.3. Key Private Sector Companies
  • 7.3.1. Reutech: Overview
  • 7.3.2. Reutech: Products and Services
  • 7.3.3. Reutech: Recent Announcements and Strategic Initiatives
  • 7.3.4. Reutech: Alliances
  • 7.3.5. Reutech: Recent Contract wins
  • 7.3.6. Saab Grintek: Overview
  • 7.3.7. Saab Grintek: Products and Services
  • 7.3.8. Saab Grintek: Recent Announcements and Strategic Initiatives
  • 7.3.9. Saab Grintek: Alliances
  • 7.3.10. Saab Grintek: Recent Contract Wins
  • 7.3.11. IVEMA: Overview
  • 7.3.12. IVEMA: Products and Services
  • 7.3.13. IVEMA: Recent Contract Wins
  • 7.3.14. Aerosud: Overview
  • 7.3.15. Aerosud: Products and Services
  • 7.3.16. Aerosud: Recent Announcements and Strategic Initiatives
  • 7.3.17. Aerosud: Alliances
  • 7.3.18. Aerosud: Recent Contract Wins
  • 7.3.19. Global Armour: Overview
  • 7.3.20. Global Armour: Products and Services
  • 7.3.21. Global Armour: Recent Announcements and Strategic Initiatives
  • 7.3.22. Global Armour: Alliances
  • 7.3.23. Global Armour: Recent contract wins
  • 7.3.24. Milkor (Pty) Ltd: Overview
  • 7.3.25. Milkor (Pty) Ltd.: Products
  • 7.3.26. Milkor (Pty) Ltd.: Recent Announcements and Strategic Initiatives
  • 7.3.27. Milkor (Pty) Ltd.: Recent Contract Wins
  • 7.3.28. Paramount Advanced Technologies: Overview
  • 7.3.29. Paramount Advanced Technologies: Products
  • 7.3.30. Paramount Advanced Technologies: Recent Announcements and Strategic Initiatives
  • 7.3.31. Paramount Advanced Technologies: Recent Contract Wins
  • 7.3.32. Tellumat Defense: Overview
  • 7.3.33. Tellumat Defense: Products
  • 7.3.34. Tellumat Defense: Recent Announcements and Strategic Initiatives
  • 7.3.35. Tellumat Defense: Alliances
  • 7.3.36. Tellumat Defense: Recent Contract Wins

8. Business Environment and Country Risk

• 8.1. Economic Performance
  • 8.1.1. GDP Per Capita
  • 8.1.2. GDP, Current Prices
  • 8.1.3. Local Currency Unit per US$
  • 8.1.4. Exports of Goods and Services (LCU Billion)
  • 8.1.5. Imports of Goods and Services (LCU Billion)
  • 8.1.6. Gross National Disposable Income (US$ Billion)
  • 8.1.7. Goods Exports as a Percentage of GDP
  • 8.1.8. Goods Imports as a Percentage of GDP
  • 8.1.9. Government Cash Surplus/Deficit as a Percentage of GDP
  • 8.1.10. Services Imports as a Percentage of GDP
  • 8.1.11. Services Exports as a Percentage of GDP
  • 8.1.12. Foreign Direct Investments
  • 8.1.13. Net Foreign Direct Investments as a Percentage of GDP
  • 8.1.14. Market Capitalization of Listed Companies (US$ Billion)
  • 8.1.15. Market Capitalization of Listed Companies as a Percentage of GDP
  • 8.1.16. Mining, Manufacturing, and Utilities Output

9. Appendix

• 9.1. About GlobalData