The South African Defense Industry - Market Opportunities and Entry Strategies, Analysis and Forecasts to 2015
By 2015, ICD Research estimates that South Africaâ€™s defense expenditure as a percentage of its gross domestic product (GDP) will rise from its 2010 level of 1.2% to 1.5%. Currently, 80.8% of the defense budget is allocated for revenue expenditure, and the remaining for capital expenditure, a trend that is not expected to vary significantly by 2015.
Capital expenditure for the South African air force is expected to overtake army capital expenditure from 2011 onwards, a trend that is expected to continue to 2015. In the forecast period, air force capital expenditure is expected to increase by 120% and navy capital expenditure is expected to grow over 100 percent.
The South African Defense Industry â€“ Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015 provides detailed analysis of the current industry size and growth expectations from 2011 to 2015, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
â€¢The report looks at historical performance as well as future industry projections using the in-house model. The report is a mixture of graphs, charts, tables and text in an effort to give the reader the maximum possible information in the most efficient and visually appealing manner.
â€¢The report helps marketing agencies in the industry to promote their business by aligning their capabilities and business practices with their customersâ€™ changing needs, while it also helps suppliers to benchmark their efforts with those of their competitors.
â€¢The report uncovers the business outlook, key challenges and opportunities identified by suppliers and buyers, enabling industry stakeholders to understand the business sentiment prevailing in the industry.
ICD Research is a full-service global market research agency and premium business information brand specializing in industry analysis in a wide set of B2B and B2C markets. ICD Research has access to over 400 in-house analysts and journalists and a global media presence in over 30 professional markets enabling us to conduct unique and insightful research via our trusted business communities.
Through its unique B2B and B2C research panels and access to key industry bodies, ICD Research delivers insightful and actionable analysis. The ICD Research survey capabilities grant readers access to the opinions and strategies of key business decision makers, industry experts and competitors as well as examining their actions surrounding business priorities.
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