Nigeria Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027
Summary
Aerospace & Defense in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The market size of military aerospace and defense market includes the sum of the revenues generated from signed deals that remain under contract and new contracts signed within a particular calendar year.
- The Nigerian aerospace & defense market had total revenues of $0.7billion in 2022, representing a compound annual growth rate (CAGR) of 24.1% between 2017 and 2022.
- The military aircraft segment accounted for market's the largest proportion in 2022, with total revenues of $0.3billion, equivalent to 48.1% of the market's overall value.
- Nigeria has been facing internal conflicts and issues which are affecting its growth, stability and national security Terrorism, drug trafficking, arms trade, and oil theft are significant security challenges.
- 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
- What was the size of the Nigeria aerospace & defense market by value in 2022?
- What will be the size of the Nigeria aerospace & defense market in 2027?
- What factors are affecting the strength of competition in the Nigeria aerospace & defense market?
- How has the market performed over the last five years?
- What are the main segments that make up 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 most notable recent deals in this market?
- 8 Company Profiles
- 8.1. General Dynamics Corporation
- 8.2. United Aircraft Corp
- 8.3. Leonardo DRS Inc
- 8.4. China North Industries Group Corp Ltd
- 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, 2017-22
- Table 2: Nigeria aerospace & defense sector category segmentation: $ million, 2022
- Table 3: Nigeria aerospace & defense sector geography segmentation: $ million, 2022
- Table 4: Nigeria aerospace & defense sector value forecast: $ million, 2022-27
- Table 5: General Dynamics Corporation: key facts
- Table 6: General Dynamics Corporation: Annual Financial Ratios
- Table 7: General Dynamics Corporation: Key Employees
- Table 8: General Dynamics Corporation: Key Employees Continued
- Table 9: United Aircraft Corp: key facts
- Table 10: United Aircraft Corp: Annual Financial Ratios
- Table 11: United Aircraft Corp: Key Employees
- Table 12: Leonardo DRS Inc: key facts
- Table 13: Leonardo DRS Inc: Key Employees
- Table 14: China North Industries Group Corp Ltd: key facts
- Table 15: China North Industries Group Corp Ltd: Key Employees
- Table 16: Nigeria size of population (million), 2018-22
- Table 17: Nigeria gdp (constant 2005 prices, $ billion), 2018-22
- Table 18: Nigeria gdp (current prices, $ billion), 2018-22
- Table 19: Nigeria inflation, 2018-22
- Table 20: Nigeria consumer price index (absolute), 2018-22
- Table 21: Nigeria exchange rate, 2018-22
- List of Figures
- Figure 1: Nigeria aerospace & defense sector value: $ million, 2017-22
- Figure 2: Nigeria aerospace & defense sector category segmentation: % share, by value, 2022
- Figure 3: Nigeria aerospace & defense sector geography segmentation: % share, by value, 2022
- Figure 4: Nigeria aerospace & defense sector value forecast: $ million, 2022-27
- Figure 5: Forces driving competition in the aerospace & defense sector in Nigeria, 2022
- Figure 6: Drivers of buyer power in the aerospace & defense sector in Nigeria, 2022
- Figure 7: Drivers of supplier power in the aerospace & defense sector in Nigeria, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Nigeria, 2022
- Figure 9: Factors influencing the threat of substitutes in the aerospace & defense sector in Nigeria, 2022
- Figure 10: Drivers of degree of rivalry in the aerospace & defense sector in Nigeria, 2022
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