DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Future of the Ghanaian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2021" report to their offering.
The Future of the Ghanaian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2021 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.
- The Ghanaian defense market, valued at US$177.1 million in 2016, is expected to see sustained growth over the next five years to reach US$213.8 million by 2021. The growing influence of extremist organizations such as Al-Qaeda in the Islamic Maghreb (AQIM) and Boko Haram in neighborhood coupled with piracy, oil smuggling, and drug trafficking in the Gulf of Guinea, and contributions to peacekeeping operations are expected to drive the country's military expenditure, registering a growth rate of 2.56% over the forecast period.
- On a cumulative basis, the country is expected to invest US$1.1 billion for defense purposes, of which US$256.7 million is earmarked for capital expenditure to fund defense procurements. The government's well-defined military modernization plans to counter influence of terrorists, drug traffickers, human traffickers and weapon traffickers is expected to fuel procurement of defense equipment.
- The MoD is expected to invest in fighters & multi-role Aircraft, attack helicopters and transport helicopters over the coming years.
Key Topics Covered:
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
For more information about this report visit http://www.researchandmarkets.com/research/p2chz7/future_of_the