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Future of the Colombian Defense Industry to 2018

Future of the Colombian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018

Product Synopsis

This report is the result of SDI's extensive market and company research covering the Colombian defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news.

 

Introduction and Landscape

Why was the report written?

The Future of the Colombian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Colombian defense industry.

 

What is the current market landscape and what is changing?

The Colombian defense industry is expected to register strong growth in the next five years due to the rise of both external and internal security threats. The significant reasons behind the rise of military expenditure are the threats from Venezuela and rebel forces to internal security and the fight against drug trafficking. This increase is required for the purchase of helicopters, battle tanks, UAVs, and air defense systems as, even though the country allocated an average of 4.4% of its GDP for defense during the review period, the majority of the budget was allocated to revenue expenditure.

 

What are the key drivers behind recent market changes?

Threat from Venezuela, high crime levels, military modernization, threats from rebel groups, and drug trafficking set to increase defense expenditure

 

What makes this report unique and essential to read?

The Future of the Colombian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

 

Key Features and Benefits

The report provides detailed analysis of the current industry size and growth expectations from 2014to 2018, including highlights of key growth stimulators, and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

 

Key Market Issues

Recently, the Colombian MoD acknowledged that cocaine smugglers and leftist rebels had infiltrated senior levels of the Colombian Army, impeding efforts to defeat guerrilla organizations and combat the drug trade. The Army discovered classified military information in computer files of guerrillas from the FARC rebel group, which led the MoD to believe senior military officials may be sharing information in exchange for bribes.

 

Key Highlights

Threat from Venezuela: Following the independence of Colombia and its neighbor Venezuela in the 19th century, problems with border security up until the late 1980s triggered serious diplomatic conflicts and overshadowed important bilateral trade. Colombia's relations with Venezuela underwent a substantial change in the 1990s, when both countries began to perceive the other as a threat.

 

For further insights,

Visit:   Future of the Colombian Defense Industry

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