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Future of the Yemeni Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022

Future of the Yemeni Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022

Summary

The Future of the Yemeni Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022, published by Strategic Defence Intelligence, 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.

Synopsis

This report offers detailed analysis of the Yemeni defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

In particular, it provides an in-depth analysis of the following -
- The Yemeni defense industry market size and drivers: detailed analysis of the Yemen defense industry during 2018-2022, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s expenditure and modernization patterns
- Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
- Porter’s Five Force analysis of the Yemeni defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry
- Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
- Market opportunities: details of the top five defense investment opportunities over the next 10 years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Yemeni defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

Scope

- Yemeni defense expenditure values US$1.7 billion in 2017, and registered a CAGR of 0.01% during the historic period.
- The budget in the historic period was mainly driven by civil war, extremist infiltration, large scale presence of groups such as radical extremists and drug traffickers, and the restructuring of military units to make the defense sector more effective and efficient.

Reasons to buy

- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Yemeni defense industry market trends for the coming five years
- The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period
- Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins, and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector
- A deep qualitative analysis of the Yemeni defense industry covering sections including demand drivers, Porter’s Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts


1. Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. About Strategic Defence Intelligence
2. Executive Summary
3. Market Attractiveness and Emerging Opportunities
3.1. Current Market Scenario
3.1.1. Primary Threat Perception
3.1.2. Military Doctrine & Strategy
3.1.3. Military Fleet Size
3.1.4. Procurement Programs
3.1.5. Social, Political, and Economic Environment & Support for Defense Projects
3.1.6. Political and Strategic Alliances
3.2. Defense Market Size Historical and Forecast
3.2.1. Defense expenditure expected to grow at a CAGR of 1.60% over the forecast period
3.2.2. Threat from Al-Qaeda, rise of local insurgent groups, and military modernization program are expected to be key factors driving defense expenditure
3.2.3. Yemeni Defense expenditure as a percentage of GDP is expected to decline over the forecast period
3.3. Analysis of Defense Budget Allocation
3.3.1. Capital expenditure allocation to average 21.4% of the total budget over the forecast period
3.3.2. Capital expenditure is anticipated to record a CAGR of 3.27% over the forecast period
3.3.3. Per capita defense expenditure expected to decrease over the forecast period
3.4. Homeland Security Market Size and Forecast
3.4.1. Homeland security budget expected to increase over the forecast period
3.4.2. Illegal drug trade, human trafficking, and civil war and local insurgencies will be the key factors driving homeland security
3.4.3. Yemen considered as ‘Worst Affected’ of terrorist attack
3.4.4. Yemen faces significant terrorist threat from terrorist organizations
3.4.5. Yemen has a terrorism index score of 8.1
3.5. Benchmarking with Key Global Markets
3.5.1. Yemen to remain at the bottom of the top defense spenders list
3.5.2. The country’s defense budget is low compared to other Middle Eastern countries
3.5.3. Yemeni defense expenditure as a percentage of GDP expected to decrease
3.6. Market Opportunities: Key Trends and Drivers
3.6.1. Fingerprint Recognition Biometric Technology
3.6.2. Demand for unmanned aerial vehicles (UAV’s) to increase
4. Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Defense industry heavily relies on imports from foreign countries
4.1.2. Belarus and South Africa were the key defense suppliers to Yemen
4.1.3. Armored Vehicles and Aircraft to dominate the Yemeni defense imports
4.2. Export Market Dynamics
4.2.1. Yemen’s defense export market is negligible
5. Industry Dynamics
5.1. Five Forces Analysis
5.1.1. Bargaining power of supplier: high
5.1.2. Bargaining power of buyer: medium to low
5.1.3. Barrier to entry: medium
5.1.4. Intensity of rivalry: low to medium
5.1.5. Threat of substitution: high
6. Market Entry Strategy
6.1. Market Regulation
6.1.1. The Yemeni government does not disclose FDI in the defense industry:
6.1.2. Yemen does not disclose any offset obligations imposed by the country
6.2. Market Entry Route
6.2.1. Budgeting Process
6.2.2. Procurement Policy and Process
6.2.3. Foreign Military Sales (FMS) being the preferred entry route
6.3. Key Challenges
6.3.1. Belarus and Russia dominate the market, posing challenges to other foreign firms
6.3.2. Scarcity of Skilled labor
7. Competitive Landscape and Strategic Insights
7.1. Competitive Landscape Overview
7.2. Key Companies
7.2.1. Boeing: overview
7.2.2. Boeing: products and services
7.2.3. Boeing: recent contract wins
7.2.4. L-3 Communications Corp.: overview
7.2.5. L-3 Communications Corp.: products and services
7.2.6. L-3 Communications Corp.: recent contract wins
8. Business Environment and Country Risk
8.1. Economic Performance
8.1.1. Gross Domestic Product per Capita (US$)
8.1.2. Gross Domestic Product current US$
8.1.3. Local Currency Unit per US$
8.1.4. Goods Exports as a % of GDP
8.1.5. Goods Imports as a % of GDP
8.1.6. Services Imports as a % of GDP
8.1.7. Services Exports as a % of GDP
8.1.8. Gross National Disposable Income
8.1.9. Net Foreign Direct Investment
8.1.10. Net FDI as % of GDP
8.1.11. Mining, Manufacturing, Utilities Output
9. Appendix
9.1. About SDI
9.2. Disclaimer
List of Tables
Table 1: Yemen Ground Forces Strength
Table 2: Yemen Navy Strength
Table 3: Yemen Air Force Strength
Table 4: Yemen - Past Development and Procurement Programs
Table 5: Yemeni Defense Expenditure (YER & US$ Billion), 2013-2022
Table 6: Yemeni GDP Growth and Defense Expenditure as Percentage of GDP, 2013-2022
Table 7: Yemeni Defense Budget Split Between Capital and Revenue Expenditure (%), 2013-2022
Table 8: Yemeni Defense Capital Expenditure (YER Billion &US$ Million), 2013-2022
Table 9: Yemeni Per Capita Defense Expenditure (US$), 2013-2022
Table 10: Yemeni Defense Expenditure for Homeland Security (YER billion & US$ Million), 2013-2022
Table 11: Terrorism Index, 2017
Table 12: Benchmarking with Key Markets - 2013-2017 vs. 2018-2022
Table 13: Competitive Landscape of the Yemeni Defense Industry
Table14: Boeing - Product focus
Table15: Boeing - Recent Contract Wins
Table16: L-3 Communications Corp.- Product focus
Table17: L-3 Communications Corp. - Recent Contract Wins
List of Figures
Figure 1: Yemeni Defense Expenditure (YER Billion), 2013-2022
Figure 2: Yemeni Defense Expenditure (US$ Billion), 2013-2022
Figure 3: Yemeni GDP Growth and Defense Expenditure as Percentage of GDP, 2013-2022
Figure 4: Yemeni Defense Budget Split Between Capital and Revenue Expenditure (%), 2013-2022
Figure 5: Yemeni Defense Capital Expenditure (YER Billion), 2013-2022
Figure 6: Yemeni Defense Capital Expenditure (US$ Million), 2013-2022
Figure 7: Yemeni Per Capita Defense Expenditure (US$), 2013-2022
Figure 8: Yemeni Homeland Security Budget (US$ Million), 2013-2022
Figure 9: Yemeni Homeland Security Budget (US$ Million), 2013-2022
Figure 10: Terrorism Heat Map, 2017
Figure 11: Terrorism Index, 2017
Figure 12: Benchmarking with World’s Largest and Top Regional Defense Spenders (US$ Billion), 2013-2017 vs. 2018-2022
Figure 13: Defense Expenditure of the World’s Largest Military Spenders (US$ Billion), 2017 and 2022
Figure 14: : Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2017
Figure 15: Yemeni Defense Import Trend, 2012-2016 (TIV values)
Figure 16: Yemeni Defense Imports by Country (%), 2012-2016
Figure 17: Yemeni Defense Imports by Weapon Category (%), 2012-2016
Figure 18: Industry Dynamics - Porter’s Five Forces Analysis
Figure 19: Yemeni GDP per Capita (US$), 2015-2025
Figure 20: Yemeni Gross Domestic Product (current US$ Billion), 2015-2025
Figure 21: Yemeni LCU per US$, 2015-2024
Figure 22: Yemeni Goods Exports as a % of GDP, 2005-2013
Figure 23: Yemeni Goods Imports as a % of GDP, 2005-2013
Figure 24: Yemeni Services Imports as a % of GDP, 2005-2013
Figure 25: Yemeni Services Exports as a % of GDP, 2005-2013
Figure 26: Yemeni gross national disposable income (US$ Billion), 2005- 2012
Figure 27: Yemeni Net Foreign Direct Investment (current US$ Billion), 2005-2013
Figure 28: Yemeni Net Foreign Direct Investment as % of GDP, 2005-2013
Figure 29: Mining, Manufacturing, Utilities Output (US$ Billion), 2005-2014

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