Future of the Kenyan Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024

Published : Mar-2019

No. of Pages : 67

order by fax Inquire before Buying request discount

Table of Contents
1. Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. About GlobalData
2. Executive Summary
3. Market Attractiveness and Emerging Opportunities
3.1. Current Market Conditions
3.1.1. Military fleet size
3.1.2. Procurement Programs
3.1.3. Key Drivers and Challenges
3.1.4. Corruption and lack of transparency hinder the growth of Kenyan defense industry
3.1.5. Small defense budget will act as an obstacle to foreign investors
3.2. Defense Market Size Historical and Forecast
3.2.1. Kenyan defense budget to grow at a CAGR of 6.10% during 2020-2024
3.2.2. Border security, threats from terrorist groups, peacekeeping missions, and the need to modernize outdated defense equipment to drive Kenya's defense expenditure
3.2.3. Defense budget as a percentage of GDP will average 1.3% over the forecast period
3.3. Analysis of Defense Budget Allocation
3.3.1. Share of capital expenditure is expected to increase during the forecast period
3.3.2. Capital expenditure is expected to record a CAGR of 34.5% over the forecast period
3.3.3. Kenya's per capita defense expenditure is anticipated to increase marginally over the forecast period
3.4. Homeland Security Market Size and Forecast
3.4.1. The homeland security market in Kenya is anticipated to grow at a CAGR of 0.64% over the forecast period
3.4.2. Human trafficking and illicit drugs trade to drive homeland security expenditure
3.5. Benchmarking with Key Global Markets
3.5.1. Kenyan defense expenditure is forecasted to grow at a steady rate
3.5.2. Kenya will continue to remain a small player in the global arms market
3.5.3. Defense budget as a percentage of GDP is expected to decrease marginally over the forecast period
3.6. Market Opportunities: Key Trends
3.6.1. Top 10 Defense market sectors by value (US$ Million) - Projections over period 2018-2023
4. Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Defense imports increased during the period of 2014?2018
4.1.2. Weapons manufactured in Serbia comprised the largest share of imports to Kenya
4.1.3. Aircraft and artillery accounted for a share of 86.5% in Kenyan defense imports
4.2. Export Market Dynamics
4.2.1. Kenya defense exports were negligible during 2013?2017
5. Market Entry Strategy
5.1. Market Regulation
5.1.1. Kenya does not disclose any offset obligations imposed by the country
5.1.2. Foreign direct investment (FDI) is determined on a case by case basis
5.2. Market Entry Route
5.2.1. Budgeting Process
5.2.2. Equipment manufacturers enter the market through government-to-government deals
6. Competitive Landscape and Strategic Insights
6.1. Competitive Landscape Overview
7. Business Environment and Country Risk
7.1. Economic Performance
7.1.1. GDP per capita
7.1.2. GDP, current prices
7.1.3. Export of goods and services (LCU Billion)
7.1.4. Import of goods and services (LCU Billion)
7.1.5. Gross national disposable income (US$ Billion)
7.1.6. Local currency unit per US$
7.1.7. Market capitalization of listed companies
7.1.8. Market capitalization of listed companies as a percentage of GDP
7.1.9. Government cash surplus deficit as a percentage of GDP
7.1.10. Goods exports as a percentage of GDP
7.1.11. Good imports as a percentage of GDP
7.1.12. Service imports as a percentage of GDP
7.1.13. Service exports as a percentage of GDP
7.1.14. Foreign direct investments
7.1.15. Net foreign direct investment as a percentage of GDP
7.1.16. Mining, Manufacturing, Utilities Output (LCU Billion)
8. Appendix
8.1. About GlobalData
8.2. Disclaimer

List of Tables
Table 1: Kenyan Army Strength
Table 2: Kenyan Air Force Strength
Table 3: Kenya Navy Strength
Table 4: Kenya - Ongoing Development and Procurement Programs
Table 5: Kenya - Future Procurement Programs
Table 6: Kenyan Defense Expenditure (KES Billion & US$ Billion), 2015-2024
Table 7: Kenyan GDP Growth and Defense Expenditure as Percentage of GDP Growth, 2015-2024
Table 8: Kenyan Defense Budget Split Between Capital and Revenue Expenditure (%), 2015-2024
Table 9: Kenyan Defense Capital Expenditure (KES Billion & US$ Million), 2015-2024
Table 10: Kenyan Per Capita Defense Expenditure (US$), 2015-2024
Table 11: Kenyan Homeland Security Expenditure (KES Billion& US$ Billion), 2015-2024
Table 12:Benchmarking with Key Markets - 2015-2019 vs. 2020-2024
Table 13: Top 10 Kenya Defense Market Sectors by Value (US$ Million) - 2018-2023
Table 14: Kenya Budget Formation Timetable
Table 15: Kenya - Competitive Landscape of Defense Industry, 2018

List of Figures
Figure 1: Kenyan Defense Budget, 2020 and 2024
Figure 2 : Kenya's Top Prospective Procurements/Developments
Figure 3: Kenyan Defense Expenditure (KES Billion), 2015-2024
Figure 4: Kenyan Defense Expenditure (US$ Billion), 2014-2023
Figure 5: Kenya GDP Growth and Defense Expenditure as Percentage of GDP Growth,2014-2023
Figure 6: Kenyan Defense Budget Split Between Capital and Revenue Expenditure (%), 2015-2024
Figure 7: Kenyan Defense Capital Expenditure (KES Billion), 2015-2024
Figure 8: Kenyan Defense Capital Expenditure (US$ Million), 2015-2024
Figure 9: Kenyan Per Capita Defense Expenditure (US$), 2015-2024
Figure 10: Kenyan Homeland Security Expenditure (KES Billion), 2015-2024
Figure 11: Kenyan Homeland Security Expenditure (US$ Million), 2015-2024
Figure 12: Benchmarking with Key Markets, 2015-2019 vs. 2019-2024
Figure 13: Defense Expenditure of the World's Largest Military Spenders (US$ Billion), 2019 and 2024
Figure 14: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2019
Figure 15: Kenya Defense Import Trend, 2014-2018 (US$ Million)
Figure 16: Kenyan Defense Import by Country, 2014-2018
Figure 17: Kenyan Defense Imports by Category (%), 2014-2018
Figure 18: Kenya - GDP Per Capita (US$), 2015-2025
Figure 19: Kenya - GDP Current Prices (US$ Billion), 2015-2025
Figure 20: Kenya - Export of Goods and Services (LCU Billion), 2005-2014
Figure 21: Kenya - Import of Goods and Services (LCU Billion), 2005-2014
Figure 22: Kenya - Gross National Disposable Income (US$ Billion), 2005-2013
Figure 23: Kenya - LCU per US$, 2015-2024
Figure 24: Kenya - Market Capitalization of Listed Companies (US$ Billion), 2005-2012
Figure 25: Kenya - Market Capitalization of Listed Companies (Percentage of GDP), 2005-2012
Figure 26: Kenya - Cash Surplus Deficit (Percentage of GDP), 2008-2012
Figure 27: Kenya - Good Exports as a Percentage of GDP, 2005-2014
Figure 28: Kenya - Good Imports as a Percentage of GDP, 2005-2014
Figure 29: Kenya - Service Imports as a Percentage of GDP, 2005-2014
Figure 30: Kenya - Service Exports as a Percentage of GDP, 2005-2014
Figure 31: Kenya - Foreign Direct Investments (BoP, Current US$ Billion), 2005-2014
Figure 32: Kenya - Net Foreign Direct Investment as a Percentage of GDP, 2005-2014
Figure 33: Kenya's Mining, Manufacturing, Utilities Output (LCU Billion) 2005-2014

Filed in: Defence

Publisher : GlobalData

Name:
Email:
Phone:
Subject:
Comments:

More Reports

Title	Price	Buy Now
Ammunition Market by Application (Defense, Civil & Commercial), Caliber (Small, Medium, Large), Product (Bullets, Aerial Bombs, Artillery Shells, Mortars), Component, Guidance Mechanism, Lethality (Lethal, Less-lethal), Region – Forecast to 2026 “Increasing procurement of ammunition armed forces owing to the changing nature of warfare, the militarization of police forces, the increasing incidence of drug trafficking, and terrorist activities, and the modernization of armed forces.” The global ammunition market size is projected to grow from USD 24.3 billion in 2021 to USD 29.1 billion by 2026, at a CAGR of 3.7% from 2021 to 2026. Factors such as the changing nature of warfare, the militarization of police forces, the increasing incidence of drug trafficking, and terrorist activities, and the modernization of armed forces are driving factors assisting the growth of the ammunition market. The ammunition market includes major players Lockheed Martin (US), General Dynamics Corporation (US), BAE Systems (UK), Elbit Systems (I......	$4950
Missile Defense System Market by Technology (Fire Control System, Weapon System, Countermeasure System, and Command and Control System), Range (Short, Medium, and Long), Threat type, Domain (Ground, Air, Marine, and Space), and Region – Forecast to 2026 “Increasing use of early warning systems for potential air and missile attacks will drive the market.” The missile defense system market size is projected to grow from USD 23.9 billion in 2021 to USD 29.7 billion by 2026, at a CAGR of 4.4% from 2021 to 2026. The market is driven by various factors, such as increasing defense programs of nations to protect against various threats, significant investments in indigenous missile defense systems, increasing need for missile detection systems, and increasing use of early warning systems for potential air and missile attacks. The missile defense system market will majorly be driven by the increasing use of early warning systems for potential air and missile attacks. Air and missile defense systems are used to monitor various enemy airbo......	$5650
Morocco Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026 Morocco Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 Summary "Morocco Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026", report provides an overview of the Morocco defense market, outlining future programs and predicted expenditures. Over the historic period, defense expenditure has been driven by the ongoing rivalry with neighbouring Algeria, the conflict in Western Sahara, and security concerns related to both the drugs trade and terrorism. During 2017-2021, Morocco's defense expenditure grew at a CAGR of 8.67% to reach US$6.5 billion in 2021. Whilst persistent geopolitical drivers necessitate continued spending, the economic impacts of COVID-19 are expected to dampen the rate of defense expenditure growth over the forecast pe......	$1250
Global Military Electro-Optical/Infrared (EO/IR) Systems Market to 2031 – Market Size and Drivers, Major Programs, Competitive Landscape and Strategic Insights Global Military Electro-Optical/Infrared (EO/IR) Systems Market to 2031 - Market Size and Drivers, Major Programs, Competitive Landscape and Strategic Insights Summary The global military electro-optical/infrared (EO/IR) systems market is valued at US$9.2 billion in 2021 and is anticipated to increase at a CAGR of 3.43% to reach a value of US$12.9 billion by 2031. The cumulative market for global EO/IR systems is estimated to value US$119.6 billion over the forecast period. The demand for EO/IR systems is anticipated to be driven by the increased need for battlespace awareness by defense forces and technological advancements to improve effectiveness of EO/IR systems. The integration of technologically advanced EO/IR systems into modern warfare platforms to obtain information superiority......	$4800
Estonia Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026 Estonia Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 Summary "Estonia Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026", report provides an overview of the Estonian defense market, outlining future programs and predicted expenditures. The defense budget of Estonia reached US$787 million in FY2021, the highest budget submitted and accepted over the historic period. Whilst small in comparison to many of its international allies, this budget is still over the 2% GDP NATO target which many of Estonia's peers fail to reach or maintain. As such, this modest budget allows Estonia to continue international cooperation and alliances by boosting positive sentiment and demonstrating a commitment to national and collective security. This is......	$1250
Jordan Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026 Jordan Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 Summary Jordan Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period. The Jordanian defense modernization programs have historically been fueled by the need to maintain a robust deterrence capability to dissuade hostile elements and countries from threatening its sovereign territory. ......	$1250
Argentina Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026 Argentina Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 Summary Argentina Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 report provides the market size forecast and the projected Compound Annual Growth Rate (CAGR) for the next five years. The report covers the industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for maritime and border security market over the forecast period. Despite the need to support armed forces modernization program, Argentina's ability to fiscally support such a venture is constrained by economic crisis which has be......	$1250
Counter-Unmanned Aerial System (C-UAS) in Aerospace and Defense – Thematic Research Counter-Unmanned Aerial System (C-UAS) in Aerospace and Defense - Thematic Research Summary The use of unmanned aerial vehicles (UAVs) has gathered pace in recent years, with most states having access to some form of UAV platform. As new technologies such as AI and drone swarms mature, UAVs have the potential to revolutionize modern warfare. To counter this emerging threat, investment in cutting edge C-UAS is essential. The commercialization of drones is a key driver in the C-UAS market, with technological advances lowering the costs of acquiring drones, thereby increasing access. This has led to wider commercial and governmental proliferation, which itself necessitates the development and procurement of C-UAS systems in a variety of defense, commercial, and law enforcement roles. In t......	$1950
Egypt Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026 Egypt Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 Summary "Egypt Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026", report provides the market size forecast and the projected Compound Annual Growth Rate (CAGR) for the next five years. The report covers the industry analysis including the key defense expenditure drivers, key procurement programs and major challenges faced by market participants. Egyptian defense expenditure stands at US$4.3 billion in 2021 and registered a CAGR of 10.34% during 2017-2021. Amidst the ongoing instability in Libya and conflict with Ethiopia, the country has signed several defense deals in order to maintain its military superiority in the region. In 2020, Egypt signed an agreement with Russia for t......	$1250
Global Military Unmanned Ground Vehicle Market to 2031 Global Military Unmanned Ground Vehicle Market to 2031 Summary The global military unmanned ground vehicles (UGV) market is anticipated to grow at a CAGR of 4.29% with a cumulative value of US$10.7 billion over the forecast period. The demand for military UGV is anticipated to be witnessed in the North American and European regions, especially in countries such as the US, Russia, France, Spain, Poland and the UK. The European region will hold the largest position globally, exhibiting a steady pace of growth over the forecast period with a CAGR of 4.76%. The global military unmanned ground vehicle market is expected to be led by Europe, with a revenue share of 46.5%, followed by North America and Asia-Pacific. UGVs have proven to be exceedingly useful during peacekeeping missions and the......	$4800

Future of the Kenyan Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024

Benefits of Sandler Research

User License for Reports

Reach Us

Contact Us

Knowledge Store

Email Subscription

our Feed Reader

Ammunition Market by Application (Defense, Civil & Commercial), Caliber (Small, Medium, Large), Product (Bullets, Aerial Bombs, Artillery Shells, Mortars), Component, Guidance Mechanism, Lethality (Lethal, Less-lethal), Region – Forecast to 2026

Missile Defense System Market by Technology (Fire Control System, Weapon System, Countermeasure System, and Command and Control System), Range (Short, Medium, and Long), Threat type, Domain (Ground, Air, Marine, and Space), and Region – Forecast to 2026

Morocco Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

Global Military Electro-Optical/Infrared (EO/IR) Systems Market to 2031 – Market Size and Drivers, Major Programs, Competitive Landscape and Strategic Insights

Estonia Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

Jordan Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

Argentina Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

Counter-Unmanned Aerial System (C-UAS) in Aerospace and Defense – Thematic Research

Egypt Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

Global Military Unmanned Ground Vehicle Market to 2031