Jsb Market Research : Future of the Colombian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019

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

Released On 5th December 2014

Summary

The Future of the Colombian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019, provides readers with a 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.

Key Findings

Over the historic period, Colombian defense expenditure registered a growth rate of 7.70%, increasing from US$5.2 billion in 2010 to US$7.1 billion in 2014

Colombias military expenditure, valued at US$7.5 billion in 2015, is expected to increase to US$9.4 billion by 2019, registering a CAGR of 5.64% over the forecast period

Colombias military expenditure will be driven by the threat from Venezuela, threat from rebel groups and development of domestic industry

The Defense Ministry is expected to procure fighters and multi-role aircraft, transport and utility aircraft, main battle tank, infantry fighting vehicles and armored personnel carriers

Synopsis

This report offers detailed analysis of Colombias 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:

Colombian defense industry market size and drivers: detailed analysis of the Colombian defense industry during 2015-2019, 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 the army,...