MINT Defense Industry Outlook to 2019 – Market Attractiveness, Competitive Landscape and Forecasts to 2019

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Future of the Defense Industry in MINT – Market Attractiveness, Competitive Landscape and Forecasts to 2019 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 MINT defense industry.

What is the current market landscape and what is changing?

The economies of Mexico, Indonesia, Nigeria and Turkey (MINT) are now all set to take up the mantle as the next focal points of attention with respect to international trade and commerce. One of the major factors driving growth in these countries is simply the unsaturation of the market, which was (and still is, albeit less than before) experienced by the BRIC nations for the last 12 years.For the most part defense industries of the MINT countries, having exhibited double digit growth rates during the review period, are expected to do so over the next five years as well, with the exception of Turkey, which is poised to grow at a CAGR of 6.48%. Indonesia with an estimated cumulative spend of US$98.5 billion is expected to witness the highest growth rate of 17.49% with Nigeria consolidating its position as one of the most potentially attractive markets in Africa with a growth rate of 12.61%; the Mexican defense market is expected to register a growth rate of 10.53%.

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What are the key drivers behind recent market changes?

With various threats such as drug and human trafficking, money laundering, cyber-crime and arms trafficking becoming commonplace in the region, the governments of the various countries are expected to invest significantly in acquiring all types of military equipment such as UAVs, helicopters, aircraft, biometric systems and radars. Turkey, with a total spending of US$69.4 billion, is expected to dominate the homeland security market in the region, with Indonesia, Mexico and Nigeria completing the list in that order.

Table of Content

1 Introduction
1.1. What is this Report about?
1.2. Definitions
1.3. Summary Methodology
1.4. SDI Terrorism Index
1.5. About Strategic Defence Intelligence

2 Executive Summary

3 Market Attractiveness and Emerging Opportunities
3.1. Defense Market Size Historical and Forecast
3.1.1. MINT defense expenditure to grow at a CAGR of 10.77% over the forecast period
3.1.2. Key Drivers for Defense expenditure
3.1.3. Defense expenditure as a percentage of GDP expected to increase over the forecast period
3.1.4. Per capita defense spending forecast to increase over the forecast period
3.2. Analysis of Defense Budget Allocation
3.2.1. Share of Revenue expenditure expected to decrease over the forecast period
3.2.2. Army expenditure – MINT countries
3.2.3. Navy expenditure – MINT countries
3.2.4. Air Force expenditure – MINT countries
3.3. Homeland Security Market Size and Forecast
3.3.1. MINT countries homeland security expenditure to increase at a CAGR of 8.20% over the forecast period
3.3.2. Key Drivers for HLS expenditure
3.3.3. MINT countries and terrorism risk
3.4. Benchmarking with Key Global Markets
3.4.1. The US will dominate global military spending over the forecast period
3.4.2. MINT countries vs. World Leader in defense expenditure
3.4.3. MINT countries vs. world leaders in defense expenditure as a percentage of GDP
3.4.4. MINT countries – threat of terrorism
3.5. Market Opportunities: Key Trends and Growth Stimulators
3.5.1. Fighter and multi-role aircraft
3.5.2. Military helicopters
3.5.3. Unmanned Aerial Vehicles
3.5.4. Radars

4 Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Defense imports grew at a CAGR of 15.1% during 2008-2012
4.1.2. Defense imports – key exporting countries
4.1.3. Defense imports – key import categories
4.2. Export Market Dynamics
4.2.1. Defense exports currently being pursued only by Turkey and Indonesia
4.2.2. Defense exports – key countries for export
4.2.3. Defense exports – key export categories

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One thought on “MINT Defense Industry Outlook to 2019 – Market Attractiveness, Competitive Landscape and Forecasts to 2019

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