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Future of the Azerbaijani Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018


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2013-12-13 13:27:37 - Fast Market Research recommends "Future of the Azerbaijani Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018" from Strategic Defence Intelligence, now available

Product Synopsis
This report is the result of SDI's extensive market and company research covering the Azerbaijani defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news.

Introduction and Landscape
Why was the report written?
The Future of the Azerbaijani Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2018 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 Azerbaijani defense industry.

What is the current market landscape and what is changing?
The Azerbaijani defense market, which has grown over the last decade, is expected to demonstrate the potential to

grow at a faster pace than its neighbors, over the forecast period. Its defense and security budget registered a growth rate of 15.24% in the last five years and is estimated to grow at a CAGR of 8.74%, to value more than US$5 billion by 2018. Strained relations with its neighbor and the aim of increasing its importance in regional politics through military build-up, mean the country is expected to continue to procure substantial arms and technology. In addition, Azerbaijan is putting efforts into reviving its arms manufacturing sector through collaboration with foreign companies in an effort to enhance its ability to export weapons to other countries. This will provide growth opportunities for foreign companies to enter the market, either through direct deals or through collaborations with local manufacturers, to tap the fastest growing military market in the Eurasia region.

Full Report Details at
- www.fastmr.com/prod/752995_future_of_the_azerbaijani_defense_ind ..

What are the key drivers behind recent market changes?
Strained relations with neighbors and military modernization are expected to be key factors driving defense expenditure

What makes this report unique and essential to read?
The Future of the Azerbaijani Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2018 provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits
The report provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators, and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

The report includes trend analysis of imports and exports, together with their implications and impact on the Azerbaijani defense industry.

The report covers five forces analysis to identify various power centers in the industry and how these are expected to develop in the future.

The report allows readers to identify possible ways to enter the market, together with detailed descriptions of how existing companies have entered the market, including key contracts, alliances, and strategic initiatives.

The report helps the reader to understand the competitive landscape of the defense industry in Azerbaijan. It provides an overview of key defense companies, both domestic and foreign, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Key Market Issues
Bribery and corruption have been prevalent in Azerbaijani defense procurement for many years, largely due to unaccountable, secretive and internally feuding armed forces. The country does not have sufficient safeguards against corruption in the defense sector, as there is little democratic control of the army by the Parliament, thereby complicating its defense business environment. Amidst the calls for reforms in defense sector, the President reshuffled the Ministry of Defense in October 2013, by appointing a new defense minister in the place of the long standing previous minister. Currently, Azerbaijan is implementing NATO recommended reforms to enhance transparency in defense deals and democratic civilian control over its armed forces.

A major obstacle to investment in the Azerbaijani defense industry is the arms embargo imposed by OSCE (Organization for Security and Co-operation in Europe) group following the war with Armenia in early 1990s. During the review period, the country had to rely on its traditional supplier Russia for the majority of supplies. In addition to Russia, Azerbaijan imported mainly from Israel and South Africa, who supply cheaper varieties of weapons produced by the US and European companies. With the majority of defense conglomerates originating from Europe, the country will have to rely on smaller companies from countries such as Israel, Turkey, South Africa, and South Korea for investment in its domestic defense industry.

Key Highlights

About Strategic Defence Intelligence

Strategic Defence Intelligence provides a stream of continuously updated customer and competitor intelligence, as well as detailed research reports providing an unrivalled source of global information on the latest developments in the defence industry. View more research from Strategic Defence Intelligence at www.fastmr.com/catalog/publishers.aspx?pubid=1040

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

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