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(Transportation-News.com, December 19, 2017 ) Market Research Hub (MRH) has recently added a new report to its vast online database. The Future of the “Ghanaian Defense Industry – Market” Attractiveness, Competitive Landscape and Forecasts to 2022, published by Market Research Hub , 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.
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Synopsis
This report offers detailed analysis of the Ghanaian 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 Ghanaian defense industry market size and drivers: detailed analysis of the Ghana defense industry during 2018-2022, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the countrys 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
- Porters Five Force analysis of the Ghanaian 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 countrys imports and exports over the last five years
- Market opportunities: details of the top five defense investment opportunities over the next 10 years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Ghanaian 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 Ghanaian defense budget stood at GHS821.8 million in 2017 and registered a CAGR of 9.31% during 2013-2017. During 2013-2017, an average of 21.9% of the countrys total defense budget was allocated to capital expenditure, while an average of 78.1% was reserved for revenue expenditure. Capital expenditure touched 14.8% of the defense budget in 2017, and is projected to decrease to an average of 14% during the forecast period.
- This is primarily due to the countrys plans to replace its obsolete military equipment and procure Mi-35 attack helicopters, and four more Super Tucanos. The remaining defense budget is allocated to revenue expenditure, which includes personnel salaries, and the operation and maintenance costs of equipment and defense facilities.
Reasons to buy
- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Ghanaian 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 Ghanaian defense industry covering sections including demand drivers, Porters Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts
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Table of Contents :
1. Introduction 7
1.1. What is this Report About? 7
1.2. Definitions 7
1.3. Summary Methodology 9
1.4. About Strategic Defence Intelligence 10
2. Executive Summary 11
3. Market Attractiveness and Emerging Opportunities 13
3.1. Current Market Scenario 14
3.1.1. Primary Threat Perception 14
3.1.2. Military Doctrine & Strategy 15
3.1.3. Military Fleet Size 16
3.1.4. Procurement Programs 19
3.1.5. Social, Political and Economic Environment & Support for Defense Projects 20
3.1.6. Political and Strategic Alliances 21
3.2. Defense Market Size Historical and Forecast 22
3.2.1. Ghanaian defense expenditure is projected to grow at a CAGR of 11.96% during the forecast period 22
3.2.2. Insurgency, piracy, oil smuggling, and peacekeeping operations are expected to drive defense expenditure 25
3.2.3. Defense budget as a percentage of GDP expected to average 0.5% over the forecast period 27
3.3. Analysis of Defense Budget Allocation 29
3.3.1. Allocation for capital expenditure expected to average at 14% over the forecast period 29
3.3.2. Capital expenditure budget expected to increase over the forecast period 31
3.3.3. Per-capita defense expenditure expected to increase during the forecast period 33
3.4. Homeland Security Market Size and Forecast 34
3.4.1. Homeland security budget projected to increase during the forecast period 34
3.4.2. The threat from Boko Haram, drug trafficking, cybercrime, and money laundering to drive the homeland security market 37
3.4.3. Ghana falls under the some risk category by terrorist attack 38
3.4.4. Ghana has rank of 106 in terrorism index 39
3.4.5. Ghana has a terrorism index score of 0.3 41
3.5. Benchmarking with Key Global Markets 42
3.5.1. The countrys defense budget is expected to increase during the forecast period 42
3.5.2. Ghanaian military expenditure is limited compared to countries with the largest defense expenditure 44
3.5.3. The country allocates a lower percentage of GDP to defense 45
3.6. Market Opportunities: Key Trends and Growth Stimulators 46
3.6.1. Combat Aircraft Engines 46
3.6.2. Attack Helicopters 46
4. Defense Procurement Market Dynamics 47
4.1. Import Market Dynamics 48
Continue…
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