Future of the Mexican Defense Industry Share, Research, Analysis and Forecasts to 2019

Future of the Mexican Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019

The Future of the Mexican Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019 published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast Mexican Defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news. Key Findings The Mexican annual defense budget, valued at US$6.9 billion in 2014, is expected to grow at an estimated CAGR of 12.93% over the forecast period, to reach US$11.6 billion in 2019 The country’s growing defense expenditure is reflected in the ongoing modernization drive to replace its aging military hardware, especially the aircraft fleet Key opportunities for equipment suppliers are expected in areas such as transport aircraft and helicopters, UAVs, naval vessels, surveillance equipment, and special operation helicopters The defense budget as a percentage of GDP is expected to increase at an average of 0.57% over the forecast period from an average of 0.48% in the historic period Mexican homeland security (HLS) expenditure stands at US$5.7 billion in 2014 and is expected to grow at a CAGR of 9.92% over the forecast period, to reach US$8.8 billion in 2019 Synopsis This report offers detailed analysis of the Mexican 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: Mexican defense industry market size and drivers: detailed analysis of the Mexican defense industry during 2015–2019, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s...