The 2016-2021 Outlook for Airport Security Equipment in The Middle East

 Published On: Jul, 2013 |    No of Pages: 37 |  Published By: Icon Group International, Inc | Format: PDF
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This econometric study covers the outlook for airport security equipment in the Middle East. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis--vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. This study does not report actual sales data (which are simply unavailable, in a comparable or consistent manner in virtually all of the countries in the Middle East). This study gives, however, my estimates for the latent demand, or the P.I.E. for airport security equipment in the Middle East. It also shows how the P.I.E. is divided across the national markets of the Middle East. For each country, I also show my estimates of how the P.I.E. grows over time (positive or negative growth). In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on international strategic planning at graduate schools of business.

Table Of Contents:

1 INTRODUCTION 6
1.1 Overview 6
1.2 What is Latent Demand and the P.I.E.? 6
1.3 The Methodology 7
1.3.1 Step 1. Product Definition and Data Collection 9
1.3.2 Step 2. Filtering and Smoothing 10
1.3.3 Step 3. Filling in Missing Values 11
1.3.4 Step 4. Varying Parameter, Non-linear Estimation 11
1.3.5 Step 5. Fixed-Parameter Linear Estimation 12
1.3.6 Step 6. Aggregation and Benchmarking 12
1.3.7 Step 7. Latent Demand Density: Allocating Across Cities 12
2 THE MIDDLE EAST 14
2.1 Executive Summary 14
2.2 Afghanistan 15
2.3 Armenia 16
2.4 Azerbaijan 17
2.5 Bahrain 17
2.6 Iran 18
2.7 Iraq 19
2.8 Israel 20
2.9 Jordan 20
2.10 Kuwait 21
2.11 Kyrgyzstan 22
2.12 Lebanon 22
2.13 Oman 23
2.14 Pakistan 24
2.15 Palestine 25
2.16 Qatar 25
2.17 Saudi Arabia 26
2.18 Syrian Arab Republic 27
2.19 Tajikistan 28
2.20 The United Arab Emirates 28
2.21 Turkey 29
2.22 Turkmenistan 30
2.23 Uzbekistan 30
2.24 Yemen 31
2.25 Frequently Asked Questions (FAQ) 32
2.25.1 Category Definition 32
2.25.2 Units 32
2.25.3 Methodology 33
3 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 35
3.1 Disclaimers & Safe Harbor 35
3.2 Icon Group International, Inc. User Agreement Provisions 36

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