Future of the Algerian Defense Industry Market Attractiveness, Scope, key market trends, Competitive Landscape, Segmentation, Future and Forecasts to 2023

Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Future of the Algerian Defense Industry” provides an in-depth analysis of the Algerian Defense Industry with the forecast of market size and growth. The analysis includes addressable market, market by volume, and market share by business type and by segment (external and in-house).The research study examines the Algerian Defense Industry on the basis of a number of criteria, such as the product type, application, and its geographical presence.

The whole supply chain of Algerian Defense Industry has been explained with statistical details with a special emphasis on various upstream and downstream components. The current trends pertaining to the demand, supply, and sales of Algerian Defense Industry, together with the recent developments have been given here to provide an exhaustive picture of this market.

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Future of the Algerian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023

Summary

"Future of the Algerian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023", published by Strategic Defense Intelligence, 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.

Synopsis

This report offers detailed analysis of the Algerian 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.

With a defense budget of US$9.8 billion in 2018, Algeria is currently the largest military spender in the African region. Military expenditure is strongly supported by the presence of the oil and natural gas industry, where revenues are directed towards strengthening defense and security. The increased threat of terrorism from the Islamic group Al-Qaeda in the Islamic Maghreb (AQIM) operating in North Africa, an arms race with neighboring countries such as Morocco and Tunisia, and the ongoing modernization of its armed forces are key factors expected to drive military expenditure. The instability in neighboring Libya, coupled with the rapid spread of Islamic State (IS) in the country, has compelled Algeria to bolster its defenses and develop a robust defense posture. The Algerian defense industry is expected to grow from US$10 billion in 2019 to US$11.9 billion by 2023 at a CAGR of 4.31% over the forecast period.

Scope

In particular, it provides an in-depth analysis of the following - 
- The Algerian defense industry market size and drivers: detailed analysis of the Algerian defense industry during 2019-2023, 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
- 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 Algerian defense industry.

Reasons to buy

This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Algerian 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 Algerian defense industry covering sections including demand drivers, Key Trends, and latest industry contracts.

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Table of Contents
1. Introduction 8
1.1. What is this Report About? 8
1.2. Definitions 8
1.3. Summary Methodology 10
1.4. About Strategic Defence Intelligence 11
2. Executive Summary 12
3. Market Attractiveness and Emerging Opportunities 14
3.1. Current Market Scenario 15
3.1.1. Primary Threat Perception 15
3.1.2. Military Doctrine and Strategy 16
3.1.3. Military Fleet Size 19
3.1.4. Procurement Programs 25
3.1.5. Top Procurement Programs by Value (US$ Million) 2018-2023 27
3.1.6. Social, Political, and Economic Environment and Support for Defense Projects 28
3.1.7. Political and Strategic Alliances 29
3.2. Defense Market Size: Historical and Forecast 30
3.2.1. Algerias defense budget to grow at a CAGR of 4.31% over the forecast period 30
3.2.2. Rising threat of terrorism and an arms race in the region to drive Algerias defense expenditure 32
3.2.3. The defense budget as a percentage of GDP will remain at an average of 4.8% over the forecast period 34
3.3. Analysis of Defense Budget Allocation 36
3.3.1. Share of capital expenditure is expected to increase over the forecast period 36
3.3.2. Capital expenditure is expected to record a CAGR of 4.56% over the forecast period 38
3.3.3. Algerias per-capita defense expenditure is expected to increase over the forecast period 40
3.4. Homeland Security Market Size and Forecast 42
3.4.1. The homeland security market in Algeria is expected to grow at a CAGR of 1.64% over the forecast period 42
3.4.2. Human trafficking and drug trafficking form the main components of homeland security expenditure 44
3.4.3. Algeria faces moderate risk of terrorism 45
3.4.4. Algeria faces a moderate level of threat from foreign terrorist organizations 46
3.4.5. Algeria has a terrorism index score of 4.0 48
3.5. Benchmarking with Key Global Markets 49
3.5.1. Algerian defense expenditure is expected to remain low compared to leading spenders 49
3.5.2. Algeria will continue to dominate the arms market in the Africa region 51
3.5.3. Defense budget as a percentage of GDP is expected to remain low over the forecast period 52
3.6. Market Opportunities: Key Trends and Drivers 53
3.6.1. Top 10 Defense Market Categories by Value (US$ million) - Forecast-Period Projections 53
3.6.2. Land-based C4ISR 54
3.6.3. Transport Aircraft 55
3.6.4. Networking 56

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