South Africa Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027

South Africa Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027 report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period.

The report covers ongoing South African military spending, which is forecast to increase, to rise to $3.4 billion by 2027. The report outlines major military purchases which South Africa is expected to pursue in the next 5 years, including the purchase of IFVs, AHRLAC's and Batalur UAS.

This report offers detailed analysis of South Africa's defense market 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.

Drivers of Defense expenditure include South African military modernization and Development of Domestic industry. Major ongoing procurement programs include procurement of IFVs, AHRLAC's and Batalur UAS.

Who Should Buy

• Defence Startups, Original Equipment Manufacturers (OEMs), Defence Planners, Aerospace and Defence Integrators, Venture Capital Firms, Government Agencies, Head of Marketing, Head of Sales, CEOs and Senior Executives.
• The concerned stakeholders can utilize the report to identify high growth segments and customize their offerings to match the project requirements.
• The Venture Capital Firms can utilize the project details, growth rate, and market size to identify and fund high potential startups.

Scope

In particular, it provides an in-depth analysis of the following:

• South Africa's defense budget: detailed analysis of South Africa's FY2022 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.
• Regulation: the procurement policy and process is explained. This is coupled with an analysis of South Africa's military doctrine and strategy to provide a comprehensive overview of South Africa's military regulation.
• Security Environment: political alliances and perceived security threats to South Africa are examined; they help to explain trends in spending and modernisation.
• Import and Export Dynamics: analysis of prevalent trends in the country's imports and exports over the last five years
• Competitive landscape and strategic insights: analysis of the competitive landscape of the South African defense industry.

Reasons to Buy

• Determine prospective investment areas based on a detailed trend analysis of South Africa's defense market over the next five years
• Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the South African market and identify the opportunities offered.
• Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others
• Identify the major threats that are driving the South African defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
• Channel resources by focusing on the ongoing programs that are being undertaken by the South African government
• Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available