The Arab World is in the midst of a major crisis that started with the Arab Spring. This has created havoc in the economies both socially, economically and the security situation has worsened tremendously.
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Saudi Arabia is one of the very few Arab countries that has remained relatively untouched internally. So naturally Saudi Arabia has been buying tremendous amount of equipment for its military and this has created tremendous opportunities for the Defense Sector.
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The Armed Forces of a nation are ones which are legally empowered by the state to use deadly force in order to protect the interest of the nation from enemies both foreign and domestic and are trained specially for the same. Various equipment are needed by the armed forces which are procured exclusively by the state.
Artillery, fighter jets, Bombers, Unmanned Aerial Vehicles, Submarines, Ballistic Missiles etc are some of the commonly imported Arms. .The Providers of such equipment are mostly of Western Countries with United States Of America a leader in the Market.
Even though there are only 4 defense companies in Saudi Arabia, there has been a remarkable progress in the field of Defense in the past 5 years. Saudi Arabia’s focus on improving Defense facilities have resulted in growth of its Defense Market.
With a population of 30.77 million, Saudi Arabia is one of the biggest economies of the world. The country’s GDP in terms of Purchasing Power Parity of $1.668 Trillion is the 14th largest in the world.
Defense Market is expected to grow at a CAGR of xx.xx% till 2020. Saudi Arabia is embroiled in major conflicts currently.
At present major focus is on Yemen where Saudi Government is leading a coalition of forces against the Houthi Rebels. Many more Threats are abounding like the Arab Spring , The ISIS Which is threatening to destroy the existing established structures.
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Saudi Arabia has the second highest % of military expenditure in the world at 10% of the GDP.
The Imports that fuelled the massive growth in Saudi Arabian Defense Market from 2010-2014 were 45 aircraft from United Kingdom, 4 tanker aircraft from Spain, hundreds of armored vehicles from Canada.
Many more such arms are waiting to be delivered.
As a result in 2015 Saudi Arabia has become the largest importer of arms in the world at $9.8 billion, which comprised a rise of 42% as compared to the previous year.
In the 2015 Budget Saudi Arabia recorded the biggest annual hike of defense budget of any Country.
Saudi Arabia has overtaken Russia to become the World’s 3rd Largest Defense Spender at $ 80 billion.
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What the report offers
The study identifies the situation of Saudi Arabia and predicts the growth of its Defense Market. Report talks about growth, market trends, progress, challenges, opportunities, government regulations, technologies in use, growth forecast, major companies, upcoming companies and projects.
in the Defensesector of Saudi Arabia. In addition to it, the report also talks about economic conditions of and future forecast of its current economic scenario and effect of its current policy changes in to its economy, reasons and implications on the growth of this sector.
Table of Content:
- Research Methodology
- Key Findings of The Study
- Executive Summary
- Market Overview
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness – Porter’s 5 Force Analysis
4.4 Industry Policies
- Market Dynamics
5.2.1 Growing Security Threats In Saudi Arabia
5.2.2 External Security Requirements
5.2.3 More Allocation Towards Defence Budget
5.2.4 ISIS Threat Perception
5.2.5 Yemen Crisis
5.3.1 Fluctuation in Oil Prices
5.4.1 Modernization of the Navy Fleet
5.4.2 Incrrease In Demand For UAV'S
- Saudi Arabian Defense Market
6.1 Defence Budget Spending Overview
6.2 Technology Overview
6.3 Segmentation By Purpose
6.4 Saudi Arabian Army
6.4.1 Infantry Weapons
22.214.171.124 Small Weapons
126.96.36.199 Grenade, Rocket, Anti Tank and Missile Systems
188.8.131.52 Infantry Fighting Vehicles
184.108.40.206 Armored Personal Carriers
220.127.116.11 Armored Cars
18.104.22.168 Utility Vehicles
6.4.3 Artillery And Missile Systems
6.4.4 Army Aviation
6.5 Royal Saudi Air Force
6.5.1 Fighter Aircraft
6.5.2 Trainer Aircraft
6.5.3 Transport/Special Missiom
6.5.4 Transport/Attack Helicopters
6.5.5 Unmanned Aerial Vehicles
6.6 Royal Saudi Navy
22.214.171.124 Patrol Boats
6.6.5 Naval Aviation
6.7 Saudi Arabian National Guard
6.7.1 Armored Personal Carriers
6.7.3 Air Defense
- Competitive Intelligence – Company Profiles
7.1 Lockheed Martin
7.1.2 Major Products and Services
7.1.4 Recent Developments
7.2.2 Major Products and Services
7.2.4 Recent Developments
7.3 BAE Systems
7.3.2 Major Products and Services
7.3.4 Recent Developments
7.4.2 Major Products and Services
7.4.4 Recent Developments
7.5 Northrop Grumman
7.5.2 Major Products and Services
7.5.4 Recent Developments
7.6 General Dynamics
7.6.2 Major Products and Services
7.6.4 Recent Developments
7.7.2 Major Products and Services
7.7.4 Recent Developments
7.8 United Technologies Corporation
7.8.2 Major Products and Services
7.8.4 Recent Developments
7.9.2 Major Products and Services
7.9.4 Recent Developments
7.10 Thales Group
7.10.2 Major Products and Services
7.10.4 Recent Developments
7.11 Sikorsky Aircraft
7.11.2 Major Products and Services
7.11.4 Recent Developments
7.12 Hughes Aircraft Company
7.12.2 Major Products and Services
7.12.4 Recent Developments
7.13 General Dynamics Land Systems
7.13.2 Major Products and Services
7.13.4 Recent Developments
7.14 Food Machinery Core
7.14.2 Major Products and Services
7.14.4 Recent Developments
7.15 Cadillac Gage
7.15.2 Major Products and Services
7.15.4 Recent Developments
7.16 Panavia Aircraft GmbH
7.16.2 Major Products and Services
7.16.4 Recent Developments
7.17 Pilatus Aircraft
7.17.2 Major Products and Services
7.17.4 Recent Developments
7.18 Gulfstream Aerospace
7.18.2 Major Products and Services
7.18.4 Recent Developments
7.19.2 Major Products and Services
7.19.4 Recent Developments
7.20.2 Major Products and Services
7.20.4 Recent Developments
7.21 Chengdu Aircraft Industry Group
7.21.2 Major Products and Services
7.21.4 Recent Developments
7.22 Pakistan Aeronautical Complex
7.22.2 Major Products and Services
7.22.4 Recent Developments
7.23 Steyr Mannlicher
7.23.2 Major Products and Services
7.23.4 Recent Developments
- Investment Analysis
8.1 Recent Mergers And Acquisitions
8.2 Investment Outlook
- Future of Saudi Arabian Defense Market
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