Yemeni defense industry is anticipated to grow at a CAGR of 1.02%
Albany, NY (PRWEB) January 19, 2015
This market research report on the Yemeni defense industry provides a comprehensive overview of the structure, market dynamics, and the trends in competition prevailing in this particular market. The introductory part of this report not only discusses the basic structure of this industry, but also gives an insight into the concept of the SDI Terrorism Index. The report includes the historical background of the Yemeni defense industry in order to give a clear understanding of the market dynamics and the growth of this industry over the years. As per industry estimates, the Yemeni defense industry is anticipated to grow at a CAGR of 1.02%. The main factors driving this industry are military modernization programs, frequent threats from terrorist outfits like the Al-Qaeda, and increase in local insurgent groups.
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This market research study of 83 pages throws light on the market dynamics pertaining to defense procurement, and the general market dynamics of the Yemeni defense industry. Crucial aspects like trends in export and import are included in defense procurement market dynamics, thereby laying stress on the fact that this industry depends immensely on imports from various other economies of the world. Also, the two main defense suppliers for Yemen are Russia and Belarus. Yemen’s defense imports mainly comprise missiles and armored vehicles. The Yemeni export market for defense products is rather small and negligible. The research study explains the industry dynamics in terms of the Five Forces analysis covering vital points like bargaining powers of the buyers and suppliers, the degree of competition and rivalry, the entry barriers, and the threat of substitution.
The research study offers a detailed analysis of the market entry strategies in terms of the market entry routes, market regulation, and some of the prominent challenges prevailing in the Yemeni defense industry. The industry trends basically signify that the common market penetration route is via foreign military sales. The domination of Russia and Belarus in the Yemeni defense exports market makes it difficult for other foreign firms to enter the Yemeni defense industry. Also, another major challenge facing this market is the scarcity of skilled labor. With the help of 25 tables and 53 figures, this market research report throws light on the competitive scenario prevailing in the Yemeni defense industry.
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This market research report covers the country risk analysis and the business environment with regard to the Yemeni defense industry. The aspects of social statistics and demographics throw light on vital facts and figures pertaining to the gross domestic products, net foreign direct investments, urban and rural populations, consumer price index, manufacturing output, and others. The research study offers useful insights into the defense investment opportunities in the forthcoming decade.
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