Ghanaian Defense Industry by Key Players, Market Dynamics, Future Demand Analysis and Forecasts to 2022

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Ghanaian Defense Industry

Overview

The Future of the Ghanaian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022, report, 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 Ghanaian 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. 

Table of Contents

Introduction 7 
    1.1. What is this Report About? 7 
    1.2. Definitions 7 
    1.3. Summary Methodology 9 
    1.4. About Strategic Defense 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 country’s 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
.Continued

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This release was published on openPR.