Future of the Kenya Defense Industry - Market Attractiveness, Top Players, Opportunities, Competitive Landscape and Forecasts to 2022

A latest research report titled as ”Kenya Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022” has been recently added to the vast portfolio of Market Research Hub (MRH) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.

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The Future of the Kenya 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.

Synopsis

This report offers a detailed analysis of the Kenya 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 Kenya defense industry market size and drivers: detailed analysis of the Kenya defense industry during 2018-2022, 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
- Porters Five Force analysis of the Kenya 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 country's 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 Kenya defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

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Scope

- The Kenya government has been steadily increasing its defense budget 2015 - 2017. Defense expenditure registered a CAGR of 4.01% over 2013-2017. The country allocated US$1.1 billion to its defense sector in 2013, which increased to US$1.2 billion in 2017. This trend is expected to continue during the forecast period, owing to the governments' well-defined military modernization plans to better equip its armed forces.
- Revenue expenditure allocation decreased from 65.6% in 2013 to 64.2% in 2017. Conversely, the country's capital expenditure increase from 34.4% to 35.8% during the historic period. Over the forecast period, Kenya is expected to allocate an average of 34.0% of its defense budget to capital expenditure, while the remainder will be assigned to revenue expenditure.
- The MoD is expected to invest in the acquisition of CBRN Detection Equipment and Armored Vehicles.

Reasons to buy

- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Kenya 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 Kenya defense industry covering sections including demand drivers, Porters Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts

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