Future of the Colombian Defense Industry - New Report Available

Colombia's drive towards economic prosperity has been stifled by internal insurgencies resulting from groups such as FARC (Revolutionary Armed Forces of Colombia) and ELN (National Liberation Army). The country is facing a five decade old conflict with FARC rebels and is likely to be alleviated with the justice deal between FARC and the government. However, there is an increasing threat posed by the criminal gangs vying for the control of the country's lucrative drug production. Also, Colombia's relationship with neighbouring Venezuela has been strained owing to the issues like border disputes and infiltration of rebels. These factors are expected to drive the defense spending of the nation with a substantial allocation for procurement of military equipment

Key Findings

* Over the historic period, Colombian defense expenditure registered a growth rate of 7.87%, increasing from US$5.6 billion in 2011 to US$7.5 billion in 2015
* Colombia's military expenditure, valued at US$8.1 billion in 2016, is expected to increase to US$9.9 billion by 2020, registering a CAGR of 5.04% over the forecast period
* Colombia's military expenditure will be driven by the threat from Venezuela, threat from rebel groups and development of domestic industry
* The Defense Ministry is expected to procure fighters and multi-role aircraft, transport and utility aircraft, main battle tank, infantry fighting vehicles and armored personnel carriers

Full Report Details at
- http://www.fastmr.com/prod/1062341_future_of_colombian_defense.aspx?afid=301

Synopsis
Strategic Defense Intelligence's - Colombian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020 offers detailed analysis of industry with market size forecasts for the period 2016-2020 is done. Also, analysis of factors that influence demand for the industry, key market trends, and challenges faced by industry participants is covered.

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

* Defense industry market size and drivers: detailed analysis of the defense industry during 2016-2020, including highlights of the demand drivers and growth stimulators. 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 the army, navy, and air force. It also details the key challenges faced by defense market participants within the country
* Porter's Five Force analysis of the defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, 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 from 2015 to 2025

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