Libyan Defense Market - Market Attractiveness, Competitive Landscape and Forecasts to 2024

About the Report

About the Report

Libyan Defense Market-Market Attractiveness, Competitive Landscape and Forecasts to 2024


"Libyan Defense Market-Market Attractiveness, Competitive Landscape and Forecasts to 2024", published by GlobalData, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

The Libyan defense industry, valued at USD 3.1 billion in 2019, is projected to record a CAGR of 1.51% over the forecast period, to reach USD 3.4 billion in 2024. On a cumulative basis, expenditure over 2020-2024 is anticipated to be USD 16.4 billion compared to USD 14.5 billion spent during the historic period. After the 2011 revolution, the country's initial focus on reconstructing and strengthening its security forces has resulted in an increase in the Libya's military expenditure.

This report offers detailed analysis of the Libyan defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.


The report provides an in-depth analysis of the following-

- The defense industry market size and drivers: detailed analysis of the Libyan defense industry during 2020-2024, including highlights of the demand drivers and growth stimulators for the industry. 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 capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country

- 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

- Competitive landscape and strategic insights: analysis of the competitive landscape of the Libyan defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Reasons to buy

- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Libyan defense industry market trends for the coming five years

- The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period

- Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins, and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector

- A deep qualitative analysis of the Libyan defense industry covering sections including demand drivers, Key Trends and Growth Stimulators, and latest industry contracts.



Defense, budget, offset, regulation, capital expenditure, homeland, drivers, market opportunities, procurement, entry route, key challenge, announcements, alliances, contract awards, financial analysis, business environment, Leonardo S.p.A, KBP Instrument Design Bureau


Leonardo S.p.A

KBP Instrument Design Bureau

Table of Contents

Table of Contents

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 Scenario

3.1.1. Procurement Programs

3.1.2. Key Challenges

3.2. Defense Market Size Historical and Forecast

3.2.1. Libyan defense budget anticipated to grow at a CAGR of 1.51% during 2020-2024

3.2.2. Rebuilding the armed forces and replacing aging equipment

3.2.3. Defense expenditure as a percentage of GDP to decrease over the forecast period

3.3. Analysis of Defense Budget Allocation

3.3.1. The majority of Libya's defense budget is allocated to revenue expenditure

3.3.2. Capital expenditure is anticipated to rise at a CAGR of 1.15% over the forecast-period

3.3.3. Per capita defense expenditure is anticipated to increase over the forecast period

3.4. Homeland Security Market Size and Forecast

3.4.1. Political stalemate, terrorism, border security, and internal disputes

3.5. Benchmarking with Key Global Markets

3.5.1. Libyan defense budget anticipated to register growth over the period 2020-2024

3.5.2. Libyan defense expenditure is small compared to the leading spenders

3.5.3. Libya spent 6.7% of its GDP on defense in 2019

3.6. Market Opportunities: Key Trends

3.6.1. Top 10 Defense market sectors by value (USD Million)-Projections over period 2019-2024

4. Defense Procurement Market Dynamics

4.1. Import Market Dynamics

4.1.1. Defense imports are expected to increase during the forecast period

4.1.2. Egypt was the leading supplier of arms to Libya during 2014-2018

4.1.3. Aircrafts compromised majority of Libyan arms imports

4.2. Export Market Dynamics

4.2.1. Libyan defense exports market is negligible

5. Market Entry Strategy

5.1. Market Regulation

5.1.1. Arms Embargo on Libya

5.1.2. Libya has not disclosed any offset policy

5.2. Market Entry Route

5.2.1. Budgeting Process

5.2.2. Procurement Policy & Process

5.2.3. Foreign Military Sale (FMS) is the preferred entry route

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 at constant prices

7.1.2. GDP at current prices (USD Billion)

7.1.3. Exports of Goods and Services (LCU Billion)

7.1.4. Imports of Goods and Services (LCU Billion)

7.1.5. LCU per USD (Period Average)

7.1.6. Goods exports as a percentage of GDP

7.1.7. Goods imports as a percentage of GDP

7.1.8. Services Imports as a percentage of GDP

7.1.9. Services Exports as a percentage of GDP

7.1.10. Foreign direct investment, net (BoP, current USD billions)

7.1.11. Foreign direct investment, as Percentage of GDP

7.1.12. Mining, Manufacturing, Utilities Output (USD Billion)

8. Appendix

8.1. About GlobalData

8.2. Disclaimer

List of Figure

List of Figures

Figure 1 : Libyan Defense Budget: 2020 and 2024

Figure 2 : Libyan Defense Imports: 2014 and 2018

Figure 3 : Libya's Top Prospective Procurements/Developments

Figure 4: Libyan Defense Expenditure (LYD Billion), 2015-2024

Figure 5: Libyan Defense Expenditure (USD Billion), 2015-2024

Figure 6: Libyan GDP Growth vs. Defense Expenditure as Percentage of GDP, 2015-2024

Figure 7: Libyan Defense Budget Split Between Capital and Revenue Expenditure (%), 2015-2024

Figure 8: Libyan-Defense Capital Expenditure (LYD Million), 2015-2024

Figure 9: Libyan-Defense Capital Expenditure (USD Million), 2015-2024

Figure 10: Libyan per capita defense expenditure (USD ), 2015-2024

Figure 11: Benchmarking with Key Markets, 2015-2019 vs. 2020-2024

Figure 12: Benchmarking with World's Largest Defense Spenders (USD Billion), 2019 and 2024

Figure 13: Benchmarking with Large Defense Spenders as % of GDP-2019

Figure 14: Libyan Defense Imports (USD Million), 2014-2018

Figure 15: Libyan Defense Imports by Country (%), 2014-2018

Figure 16: Libyan Defense Imports by Category, 2014-2018

Figure 17: Budgeting Process

Figure 18: Libyan GDP Per Capita at Constant Prices (USD ), 2015-2025

Figure 19: Libyan GDP at Current Prices (USD Billion), 2015-2025

Figure 20: Libyan Exports of Goods and Services (LCU Billion), 2005-2014

Figure 21: Libyan Imports of Goods and Services (LCU Billion), 2005-2014

Figure 22: Libya- LCU per USD (Period Average), 2015-2024

Figure 23: Libya- Goods Exports as a percentage of GDP (%), 2005-2013

Figure 24: Libya- Goods imports as a percentage of GDP (%), 2005-2013

Figure 25: Libyan Services Imports as a percentage of GDP (%), 2005-2013

Figure 26: Libyan Services Exports as a percentage of GDP (%), 2005-2013

Figure 27: Libya- Foreign Direct Investment, Net (BoP, current USD billion), 2005-2013

Figure 28: Libya- Foreign Direct Investment, as a percentage of GDP, 2005-2013

Figure 29: Libyan Mining, Manufacturing, Utilities Output (LCU Billion), 2005-2014

List of Table

List of Tables

Table 1: Libyan Future Procurement Programs

Table 2: Libyan Defense Expenditure (LYD Billion and USD Billion), 2015-2024

Table 3: Libyan-GDP Growth vs Defense Expenditure as a Percentage of GDP, 2015-2024

Table 4: Libyan Defense Budget Split Between Capital and Revenue Expenditure (%), 2015-2024

Table 5: Libyan-Defense Capital Expenditure (LYD Million and USD Million), 2015-2024

Table 6: Libyan per capita defense expenditure (USD ), 2015-2024

Table 7: Benchmarking with Key Markets-2015-2019 vs. 2020-2024

Table 8: Top 10 Libyan Defense Market Sectors by Value (USD Million)-2019-2024

Table 9: Competitive Landscape of the Libyan Defense Industry

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