GCC Defense Market Comprehensive Analysis and Forecast 2021 to 2026

Markntel Advisors’ report, GCC Defense Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2026, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the GCC Defense presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

GCC Defense Market Research Report & Market Summary:

The?GCC Defense Market?is projected to grow at a CAGR of around 2.12% during the forecast period, i.e., 2021-26. The market is driven principally by the rapidly increasing & existing geopolitical tensions among different countries across the GCC region entwined with their growing focus on strengthening national security with massive investments and procurement of advanced defense equipment & weapons.?

?In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

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GCC Defense Market Dynamics:

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.

GCC Defense Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

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.

Of them all, Saudi Arabia is anticipated to dominate the market with the largest share during the forecast period. The country is the largest spender in the?defense sector?throughout the GCC region. With the rising geopolitical tensions in the Middle East & North African regions, Saudi Arabia is increasingly focusing on strengthening its national security and attaining regional dominance in the defense. Moreover, the country is also procuring advanced weapons & equipment from other countries like the US.

As indicated in the latest market research report published by Markntel Advisors, “GCC Defense Research Report: Forecast (2021-2026)”, this report offers a detailed analysis of the industry, featuring insights into the GCC Defense industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures?- https://www.marknteladvisors.com/research-library/gcc-defense-market.html

Top Companies Operating in the GCC Defense Market:

• Saudi Arabian Military Industries
• Emirates Defence Industries Company
• Advanced Electronics Company
• Military Industries Corporation
• Dahra Engineering and Security Services LLC
• Lockheed Martin Corporation
• The Boeing Company
• Elbit Systems Ltd
• Israel Aerospace Industries
• Raytheon Company
• Rheinmetall
• Aselsan
• Northrop Grumman Corporation
• Thales SA
• Honeywell International (I) Private Limited
• BAE Systems
• Rockwell Collins
• L3 Technologies Inc.
• Airbus SE
• LeonardoSpA.

Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address

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Key Report Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our?customization services.

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the geography?
4. How has the industry been evolving in terms of geography & GCC Defense Market adoption?
5. How has the competition been shaping up across the geography?

1. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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