United Arab Emirates (UAE) Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2023-2028 report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period.
During the historic period, the surge in the UAE's defense expenditure was mainly driven by its involvement in the Yemen civil war, in support of its ally Saudi Arabia. During 2019-23, the UAE's defense expenditure recorded a CAGR of 0.4%. With the withdrawal of the bulk of its forces from Yemen, coupled with the outbreak of COVID-19, the UAE's defense expenditure declined to a low of $19.8 billion in 2020. The country's defense expenditure nevertheless is anticipated to value $23.2 billion in 2023, owing to the need to finance procurements. The country needs to set aside funding to adequately finance a $19.0 billion deal to acquire 80 Rafale fighters and mid-range surface-to-air missiles KM-SAM.
Key Highlights
During the historic period, the surge in the UAE's defense expenditure was mainly driven by its involvement in the Yemen civil war, in support of its ally Saudi Arabia. During 2019-23, the UAE's defense expenditure recorded a CAGR of 0.4%. With the withdrawal of the bulk of its forces from Yemen, coupled with the outbreak of COVID-19, the UAE's defense expenditure declined to a low of $19.8 billion in 2020. The country's defense expenditure nevertheless is anticipated to value $23.2 billion in 2023, owing to the need to finance procurements. The country needs to set aside funding to adequately finance a $19.0 billion deal to acquire 80 Rafale fighters and mid-range surface-to-air missiles KM-SAM.
Key Highlights
- Drivers of Defense expenditure include Modernization of the UAE Armed Forces and Counter-insurgency and anti-terrorism initiatives.
- Major ongoing procurement programs include procurement of Rafael fighter, Gowind-class, and JAIS 6x6.
- Defence Startups, Original Equipment Manufacturers (OEMs), Defence Planners, Aerospace and Defence Integrators, Venture Capital Firms, Government Agencies, Head of Marketing, Head of Sales, CEOs and Senior Executives.
- The concerned stakeholders can utilize the report to identify high growth segments and customize their offerings to match the project requirements.
- The Venture Capital Firms can utilize the project details, growth rate, and market size to identify and fund high potential startups.
Scope
This report offers detailed analysis of the UAE defense market 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.In particular, it provides an in-depth analysis of the following:
- The UAE defense budget: detailed analysis of the UAE 2023 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.
- Regulation: the procurement policy and process is explained. This is coupled with an analysis of the UAE military doctrine and strategy to provide a comprehensive overview of the UAE military procurement regulation.
- Security Environment: political alliances and perceived security threats to The UAE are examined; there help to explain trends in spending and modernisation.
- Import and Export Dynamics: analysis of prevalent trends in the country's imports and exports over the last five years
- Competitive landscape and strategic insights: analysis of the competitive landscape of UAE's defense industry.
Reasons to Buy
- Determine prospective investment areas based on a detailed trend analysis of the French defense market over the next five years
- Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the French market and identify the opportunities offered.
- Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others
- Identify the major threats that are driving the The UAE defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channel resources by focusing on the ongoing programs that are being undertaken by the the UAE government
- Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available
Table of Contents
- Executive Summary
- Defense Budget Assessment
- Budgeting Process
- Defense Market Size Historic And Forecast
- Drivers Of Defense Expenditure
- Analysis of Defense Expenditure Allocation
- Analysis Of Defense Budget Allocation
- Key Market Trends and Insights
- Military Doctrine And Security Environment
- Military Doctrine And Strategy
- Strategic Alliances and Geopolitics
- Political, Social and Economic Scenario
- Market Entry Strategy And Regulations
- Defense Procurement Bodies
- Procurement Policy and Market Regulations
- Market Entry Routes
- Key Challenges
- Major Deals and M&A
- Market Attractiveness And Emerging Opportunities
- Market Attractiveness, 2023-28
- Top Defense Segments By Value
- Defense Platform Acquisitions
- Defense Platform Acquisitions By Value
- Rafale F4
- Gowind-class
- C-2
- Jais 6x6
- Falaj 3-class
- Fleet Size
- Competitive Landscape
- Defense Companies Operating In Iraq
- Main Defense Companies
- Appendix
- About This Report
- About Us
- Contact the Publisher
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Saab
- The boeing
- Dassault Aviation
