MarkNtel Advisors recently published a detailed industry analysis of the GCC Defense Market. The report covers growth trends, regional marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the GCC Defense Market (2021-2026)
The GCC Defense Market is projected to grow at a CAGR of around 2.12% during the forecast period, i.e., 2021-26
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Key Driver: Rapid Technological Advancements & Favorable Regulations by Member Countries
With swiftly escalating geopolitical tensions among countries, the government is immensely investing in the defense sector & taking initiatives in several research & development activities to procure weapons & equipment with advanced technology having more accuracy, lethality, and range. Besides, the dynamic warfare nature and rising cases of terrorist activities are further instigating the need to strengthen national security with a robust defense system. Hence, gulf countries are anticipated to drive the market in the coming years.
What segments define the GCC Defense market from 2021 to 2026? How do these segments contribute to market dynamics and growth?
-By Aircraft
-Fighter Aircraft
-Transport Aircraft
-Surveillance Aircraft
-Helicopter
-Combat
-Transport
-UAVs
-Surveillance
-Armed
-By Weapons & Ammunitions
-Missiles & Air Defence Systems
-Artillery systems & Mortar Systems
-Infantry Weapons
-Ammunitions
-By Sea Based Platforms
-Transport Ships
-Combat Ships
-Surveillance Ships
-Land Based Vehicles
-Infantry & Armoured Vehicles
-Tanks
-Personal Training & Protection
-Training & Simulation
-Personal Protective Equipment
-Maintenance, Repair & Overhaul (MRO)
-Vehicles
-Weapons & Ammunitions
-Communication Systems
-By Country
-Saudi Arabia
-UAE
-Qatar
-Kuwait
-Bahrain
-Oman
Explore the Complete GCC Defense Market Analysis Report – https://www.marknteladvisors.com/research-library/gcc-defense-market.html
Who are the leading key players shaping the GCC Defense Market landscape?
Saudi Arabian Military Industries, Emirates Defence Industries Company, Advanced Electronics Company, Military Industries Corporation, Dahra Engineering & Security Services LLC, Lockheed Martin Corporation, The Boeing Company, Elbit Systems Ltd, Israel Aerospace Industries, Raytheon Company, Rheinmetall AG, Aselsan AS, Northrop Grumman Corporation, Thales SA, Honeywell International Inc., BAE Systems PLC, Rockwell Collins, L3 Technologies Inc., Airbus SE, Leonardo SpA.)
Questions Addressed in this Study
1.What factors are driving the GCC Defense Market growth?
2.What are the key insights into the current trends in the GCC Defense Market?
3.What is the current size of the GCC Defense Market, and how is it projected to change in the future?
4.What is the future outlook for the GCC Defense Market in terms of technological advancements and market expansion?
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