Research and Markets (http://www.researchandmarkets.com/research/mxq4qf/future_of_the) has announced the addition of the "Future of the Moroccan Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2020" report to their offering.
This report offers detailed analysis with market size forecasts for 2016-2020. The factors that influence demand, key market trends, and challenges faced by industry participants are also covered.
Morocco's defense spending capability is expected to increase over the forecast period, at a CAGR of 3.57%. The defense budget, which is projected to be US $3.3 billion in 2016, is expected to reach US$3.8 billion by 2020. This growth is primarily due to the government's steps to combat internal and external terrorist attacks, fortify border security, and procure new defense systems.
Key Findings
- Moroccan defense expenditure recorded a CAGR of -0.48% between 2011 and 2015, and values US$3.3 billion in 2015
- The country's total defense expenditure during the forecast period is expected to be US $18.0 billion
- The average share of capital expenditure is expected to be 33.2% over the forecast period, compared to an average share of 32.8% during 2011-2015
- Over the forecast period, the country's budget for homeland security is expected to be US $2.9 billion
- The key areas of investment are expected to be aircraft MRO, submarine, naval vessels, and surveillance equipment
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities
4 Defense Procurement Market Dynamics
5 Industry Dynamics
6 Market Entry Strategy
7 Competitive Landscape and Strategic Insights
8 Business Environment and Country Risk
9 Appendix
Companies Mentioned
- Damen Schelde Naval Shipbuilding
- Lockheed Martin
- Raytheon
For more information visit http://www.researchandmarkets.com/research/mxq4qf/future_of_the
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