Market Research Logo

Libya Defence & Security 2018

Libya Defence & Security 2018

BMI View:

Libyan defence expenditure (in USD terms) will continue to post negative growth over the next two years, beforereturning to very gradual growth the following years, starting from a low base. Although political instability - set to remain the normthroughout our forecast period - will drive demand for military equipment across the ground, air and naval segments, the dire stateof Libya's public finances will severely constrain the defence budget, especially in the short term. In addition, the ongoingrestructuring of the Libyan armed forces and the UN arms embargo will further complicate new military procurement in the shortterm.

BMI Industry View
Industry Forecast
Industry Risk/Reward Index
Market Overview
Defence Market Overview
Armed Forces Overview
Security Overview
Defence & Security Methodology

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report