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PUBLISHER: GlobalData | PRODUCT CODE: 1072911

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PUBLISHER: GlobalData | PRODUCT CODE: 1072911

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

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PAGES: 76 Pages
DELIVERY TIME: 1-2 business days
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Qatar 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 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.

The main factors driving procurement in the region are the arms race in the Middle East region, modernization initiatives, the threat of Iranian missiles, and Qatar's diplomatic disputes. In June 2017, a Saudi Arabia-led alliance severed political and economic ties with Qatar over its alleged support for terrorism. The embargo placed by Saudi Arabia and other GCC countries was later lifted in January 2021. Since the rift began, Qatar had announced billion-dollar purchases of advanced fighter jets, ammunition, missile defense systems, armored vehicles, and naval vessels to shore up its defenses. Qatar has been investing in defense modernization programs to develop an independent defense capability. Moreover, the country has constructed a new naval base south of Doha, which was inaugurated in 2019 and is in the process of doubling its naval force from 3,000 to 7,000 by 2025. The Qatar military expenditure stands at $13.1 billion in 2022. The country's acquisition budget is anticipated to increase from $3.9 billion in 2022 to $5.9 billion in 2027, growing at a CAGR of 9.63% during the forecast period. The Qatar Defense Ministry is anticipated to procure multi-role aircraft, armored vehicles, naval vessels, armored vehicles, and main battle tanks.

This report offers detailed analysis of Qatar 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

  • The Qatar defense expenditure stands at $12.9 billion in 2022 and has registered a CAGR of 13.4% over 2018-22.
  • The country is spending billions of dollars to increase its military power, especially its air force capabilities. Amidst the ongoing diplomatic crisis, the country had signed several defense deals in order to maintain its aerial superiority in the region.
  • The air force modernization started in 2015 when Qatar signed a deal for 24 Rafale Fighters worth $7.8 billion; this modernization further took pace with Qatar signing an agreement with the US in 2017, for the acquisition of 36 F-15E Strike Eagle fighter jets and 24 Eurofighter Typhoons from BAE Systems. In 2018 Qatar placed an order for 12 additional French Rafale fighters and nine Hawk trainer aircraft. Qatar is also in the process of expanding its overall naval forces and plans to double its naval force from 3,000 to 8,000 by the end of 2025.
  • The necessity to fund major arms acquisition programs for the Qatar defense industry is reflected in the growth of its defense budget during 2017-20 and is expected to further accelerate the defense expenditures. Qatar defense expenditure is projected to grow at a CAGR of 9.6% to value $18.9 billion by 2027.

Who Should Buy

  • 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

In particular, it provides an in-depth analysis of the following -

  • Qatar defense budget: detailed analysis of Qatar FY2022 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 the process is explained. This is coupled with an analysis of Qatar's military doctrine and strategy to provide a comprehensive overview of Qatar's military regulation. - Security Environment: political alliances and perceived security threats to Qatar are examined; there help to explain trends in spending and modernization.
  • 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 the Qatar defense industry.

Reasons to Buy

  • Determine prospective investment areas based on a detailed trend analysis of the Qatar 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 Qatar 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 Qatar 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 Qatar 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
Product Code: GDDF0745MR

Table of Contents

Table of Contents

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
  • Procurement bodies
  • Types of contracts
  • Key challenges
  • Major M&A, financing and partnerships of Qatar defense market
  • Market attractiveness and emerging opportunities
  • Market attractiveness, 2022-27
  • Top defense segments by value
  • Import and export market dynamics
  • Import market dynamics
  • Defense platform acquisitions
  • Defense platform acquisitions by value
  • F-15QA
  • Nh-90
  • Eurofighter typhoon
  • Rafale fighters
  • Hawk advanced jet trainers (AJT)
  • Fleet size
  • Competitive landscape
  • Defense companies operating in Qatar
  • Main defense companies

Appendix

  • Macroeconomic indicators
  • About this report
  • About us
  • Contact us
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Jeroen Van Heghe

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Christine Sirois

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