Outlook on Nigeria's Defense Market to 2025 – Terrorism, Drug Trafficking, Arms Trade, and Oil Theft are Significant Security Challenges

Dublin, March 12, 2020 (GLOBE NEWSWIRE) — The “The Nigerian Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2025” report has been added to ResearchAndMarkets.com’s offering.The defense industry market size and drivers: detailed analysis of the Nigerian defense industry during 2021-2025, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s expenditure and modernization patternsBudget 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 countryPorter’s Five Force analysis of the Nigerian 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 entryImport and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five yearsMarket opportunities: details of the top five defense investment opportunitiesCompetitive landscape and strategic insights: analysis of the competitive landscape of the Nigerian defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysisKey Highlights
The defense budget of Nigeria was US$2.5 billion in 2020 and registered a CAGR of 9.61% during the historical period.Nigeria has been facing internal conflicts and issues which are affecting its growth, stability and national security.Terrorism, drug trafficking, arms trade, and oil theft are significant security challenges.List of Topics Covered
1. IntroductionCompanies Mentioned
Defense Industries Corporation of NigeriaDornier Aviation Nigeria AIEP LimitedFor more information about this report visit https://www.researchandmarkets.com/r/z9fsxkResearch and Markets also offers Custom Research services providing focused, comprehensive and tailored research.CONTACT: ResearchAndMarkets.com
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