Aerospace & Defense in Nigeria

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $350	39 Pages	MarketLine	December, 2024	MTLN19647834

Best Price Guarantee
Price	from $350
Length	39 Pages
Publisher	MarketLine
Published Date	December, 2024
SKU	MTLN19647834

Aerospace & Defense in Nigeria

Summary

Aerospace & Defense in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

Market size of the aerospace & defense market includes the sum of the revenues generated from military-signed deals that remain under contract and new contracts signed within a particular calendar year.
The Nigerian aerospace & defense sector recorded revenues of $697.8 million in 2023, representing a compound annual growth rate (CAGR) of 30.2% between 2018 and 2023.
The military aircraft segment accounted for the sector's largest proportion in 2023, with total revenues of $281.7 million, equivalent to 40.4% of the sector's overall value.
Nigeria faces serious security challenges, including terrorism from groups such as Boko Haram and separatist movements in the southeast. The need to resist these threats has motivated the government to devote significant resources to military modernization and the acquisition of new defensive equipment.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in Nigeria
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in Nigeria
Leading company profiles reveal details of key aerospace & defense market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria aerospace & defense market with five year forecasts

Reasons to Buy

What was the size of the Nigeria aerospace & defense market by value in 2023?
What will be the size of the Nigeria aerospace & defense market in 2028?
What factors are affecting the strength of competition in the Nigeria aerospace & defense market?
How has the market performed over the last five years?
Who are the top competitors in Nigeria's aerospace & defense market?

1 Executive Summary: 1.1. Market value; 1.2. Market value forecast; 1.3. Category segmentation; 1.4. Geography segmentation; 1.5. Market rivalry; 1.6. Competitive landscape
2 Market Overview: 2.1. Market definition; 2.2. Market analysis
3 Market Data: 3.1. Market value
4 Market Segmentation: 4.1. Category segmentation; 4.2. Geography segmentation
5 Market Outlook: 5.1. Market value forecast
6 Five Forces Analysis: 6.1. Summary; 6.2. Buyer power; 6.3. Supplier power; 6.4. New entrants; 6.5. Threat of substitutes; 6.6. Degree of rivalry
7 Competitive Landscape: 7.1. Who are the leading players?; 7.2. What are the strengths of the leading players?; 7.3. What are the recent developments in the sector?
8 Company Profiles: 8.1. Defence Industries Corporation of Nigeria; 8.2. The Boeing Co; 8.3. Airbus SE
9 Macroeconomic Indicators: 9.1. Country data
10 Appendix: 10.1. Methodology; 10.2. Industry associations; 10.3. Related MarketLine research; 10.4. About MarketLine
List of Tables: Table 1: Nigeria aerospace & defense sector value: $ million, 2018-23; Table 2: Nigeria aerospace & defense sector category segmentation: $ million, 2023; Table 3: Nigeria aerospace & defense sector geography segmentation: $ million, 2023; Table 4: Nigeria aerospace & defense sector value forecast: $ million, 2023-28; Table 5: Defence Industries Corporation of Nigeria: Key Facts; Table 6: Defence Industries Corporation of Nigeria: Key Employees; Table 7: The Boeing Co: Key Facts; Table 8: The Boeing Co: Annual Financial Ratios; Table 9: The Boeing Co: Key Employees; Table 10: The Boeing Co: Key Employees Continued; Table 11: The Boeing Co: Key Employees Continued; Table 12: Airbus SE: Key Facts; Table 13: Airbus SE: Annual Financial Ratios; Table 14: Airbus SE: Key Employees; Table 15: Airbus SE: Key Employees Continued; Table 16: Nigeria Size of Population (million), 2019-23; Table 17: Nigeria real GDP (Constant 2010 Prices, $ billion), 2019-23; Table 18: Nigeria GDP (Current Prices, $ Billion), 2019-23; Table 19: Nigeria Inflation, 2019-23; Table 20: Nigeria Consumer Price Index (Absolute), 2019-23; Table 21: Nigeria Exchange Rate, 2018-23
List of Figures: Figure 1: Nigeria aerospace & defense sector value: $ million, 2018-23; Figure 2: Nigeria aerospace & defense sector category segmentation: % share, by value, 2023; Figure 3: Nigeria aerospace & defense sector geography segmentation: % share, by value, 2023; Figure 4: Nigeria aerospace & defense sector value forecast: $ million, 2023-28; Figure 5: Forces driving competition in the aerospace & defense sector in Nigeria, 2023; Figure 6: Drivers of buyer power in the aerospace & defense sector in Nigeria, 2023; Figure 7: Drivers of supplier power in the aerospace & defense sector in Nigeria, 2023; Figure 8: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Nigeria, 2023; Figure 9: Factors influencing the threat of substitutes in the aerospace & defense sector in Nigeria, 2023; Figure 10: Drivers of degree of rivalry in the aerospace & defense sector in Nigeria, 2023