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Algeria Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027

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    Report

  • 72 Pages
  • February 2022
  • Region: Algeria
  • GlobalData
  • ID: 5573051
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FEATURED COMPANIES

  • Adcom Systems
  • Irkut Corporation
  • JSC
  • JSC Sukhoi Company
  • Rheinmetall AG
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Algeria Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027 report provides the market size forecast and the projected Compound Annual Growth Rate (CAGR) for the next five years. The report covers the 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 maritime and border security market over the forecast period.

Algeria continues to grapple with terrorism, due to spillover from Libya and the presence of radical fundamentalists within the country. Also, the country aspires to achieve military supremacy in the region. Hence, it is investing in the procurement of multirole aircrafts, armored vehicles, frigates, helicopters etc. Other than new procurement plans, plans of military modernization are also expected to continue. It has been one of the topmost spenders in the world with respect to defense procurement and the same is anticipated for the future years.

Algeria has been the sixth largest importer in the world during 2018-2022. The increase in Algerian imports can be explained by an expressed desire to modernize the Algerian army in a context of regional tensions. The country has armed Its troops with high-end weapons and air-defense systems procured from Russia. For instance, Algeria has acquired the S-400 and Pantsir-SM air defense systems, Iskander ballistic missiles, and MiG-25 Foxbat interceptors. The Algerian Air Force is armed with premiere Russian fighters, including the Su-30MKA fighter, the MiG-29C medium fighter, the Su-24M dedicated strike fighter, and a single elite unit of heavily enhanced MiG-25 Foxbat interceptors. Reportedly it has also signed a deal for Su-57- fifth generation stealth aircraft

This report offers a detailed analysis of the Algerian 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.

Key Highlights


  • Algerian defense expenditure is expected to grow at a CAGR of 1.4% over the forecast period to reach US$10.2 billion in 2027
  • The Algerian defense market has three major sectors: Multirole aircraft, Armored Vehicles, Military Infrastructure and Logistics
  • Military fixed wing aircraft is expected to be the largest market sector in Algeria’s market for military fixed wing aircraft is anticipated to be US$576 million in 2022 and is projected to reach US$ 700 million in 2027.Algeria has contracted with Russia to deliver Su-35s, Su-57s, Su-34s, Su-30s. Algeria signed a contract to acquire 14 Su-57 stealth fighters and became the first customer to whom the manufacturer Sukhoi will export this flagship of the Russian combat aircraft. The Algerian air force has also signed two more contracts for 14 Su-34 bombers and 14 Su-35. Over 2021-2026, Algeria’s Military fixed wing aircraft segment is anticipated to cumulatively amount for a market value of US$4948 million, making it the single largest segment

Who Should Buy


  • Defence Startup's, 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


In particular, it provides an in-depth analysis of the following -
  • The Algerian defense industry market size and drivers: detailed analysis of the Algeria's defense industry during 2022-2027, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s expenditure and modernization patterns
  • Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
  • Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
  • Market opportunities: list of the top ten defense investment opportunities over the next 5 years
  • Competitive landscape and strategic insights: analysis of the competitive landscape of the Algerian defense industry

Reasons to Buy


  • Determine prospective investment areas based on a detailed trend analysis of the Algerian 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 Algerian 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 Algerian defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the Algerian 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

FEATURED COMPANIES

  • Adcom Systems
  • Irkut Corporation
  • JSC
  • JSC Sukhoi Company
  • Rheinmetall AG
  • Executive Summary
  • Defense Budget Assessment
  • Budgeting Process
  • Defense Market Size Historical And Forecast
  • Drivers Of Defense Expenditure
  • Analysis Of Defense Budget Allocation
  • Military Doctrine And Security Environment
  • Military Doctrine And Strategy
  • Primary Threat Perception
  • Political And Strategic Alliances
  • Geopolitical Social And Economic Scenario
  • Market Entry Strategy And Regulations
  • Procurement Policy and Process
  • Market Regulations
  • Market Entry Route
  • Key Challenges
  • Major Deals and M&A
  • Market Attractiveness And Emerging Opportunities
  • Market Attractiveness, 2021-2026
  • Top Defense Segments By Value
  • Import And Export Market Dynamics
  • Import Market Dynamics
  • Defense Platform Acquisitions
  • Fuchs 2 APC
  • BMPT-72
  • Meko A200 Frigate
  • Su-30MKA
  • MiG-29M/M2
  • Fleet Size
  • Competitive Landscape
  • Defense Companies Operating In Algeria
  • Main Defense Companies
  • Appendix
  • About This Report
  • About Us
  • Contact the Publisher

A selection of companies mentioned in this report includes:

  • JSC Sukhoi Company
  • ThyssenKrupp Marine Systems (TKMS)
  • Irkut Corporation
  • Adcom Systems
  • Yakovlev,Mil Moscow Helicopters Plant
  • JSC
  • Russian Aircraft Corporation,Kamov
  • Rheinmetall AG
  • Hudong-Zhonghua Shipbuilding