MRO Magazine

Research and Markets: Future of the Sri Lankan Defense Industry 2015 – Market Attractiveness, Competitive Landscape and Forecasts to 2019

April 29, 2015 | By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/mp66vr/future_of_the_sri) has announced the addition of the “Future of the Sri Lankan Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019” report to their offering.

This report provides readers with a detailed analysis of both historic and forecast Sri Lankan defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

The Sri Lankan defense industry, valued at US$1.8 billion in 2014, is anticipated to record a CAGR of 8.06% over the forecast period, to reach US$2.6 billion by 2019.

An increased threat of the re-emergence of the separatist militant organization, de-mining, and rehabilitation efforts by the military forces following the Eelam war, and the strained relationship with India are factors driving military expenditure.

The country is expected to strengthen its maritime security and surveillance to counter the problems of terrorism, piracy, oil pollution spills, and illegal drug and arms trafficking.

Over the forecast period, the country is expected to procure fighter aircraft, transport helicopters, offshore patrol vessels, surveillance systems, armored vehicles, and ambush-protected (MRAP) vehicles, among many others.

Sri Lankan homeland security (HLS) expenditure stands at US$0.5 billion in 2014 and is expected to grow at a CAGR of 4.41% over the forecast period, to reach US$0.6 billion in 2019.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Market Attractiveness and Emerging Opportunities

4 Defense Procurement Market Dynamics

5 Industry Dynamics

6 Market Entry Strategy

7 Competitive Landscape and Strategic Insights

8 Business Environment and Country Risk

9 Appendix

Companies Mentioned

– AmSafe Bridport

– Colombo Dockyard Plc. (CDPLC)

For more information visit http://www.researchandmarkets.com/research/mp66vr/future_of_the_sri

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Aerospace and Defence

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