Qatari Defense Market is Anticipated to Grow to US$4.9 Billion by 2021

Summary

The Future of the Qatari Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2021, published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

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Key Findings

– Over the historic period, Qatari defense expenditure registered a growth rate of 4.22%, increasing from US$3.7billion in 2012 to US$4.4 billion in 2016

– Qatari military expenditure, valued at US$4.5 billion in 2017, is expected to increase to US$4.9 billion by 2021, registering a CAGR of 1.82% over the forecast period

– Qatari military expenditure will be driven by the country’s strong cash reserves as well as the ongoing arms race in the Middle East region

– The Defense Ministry is expected to procure Missile defense systems, Fighters and Multi-role aircraft, Corvettes, Maritime helicopters, and Attack helicopters

Synopsis

This report offers detailed analysis of the Qatari defense industry 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 Qatari defense industry market size and drivers: detailed analysis of the Qatari defense industry during 2017-2021, 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 the army, navy, and air force. It also details the key challenges faced by defense market participants within the country

– Porter’s Five Force analysis of the Qatari defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry

– Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years

– Market opportunities: details of the top five defense investment opportunities over the next10 years

– Competitive landscape and strategic insights: analysis of the competitive landscape of the Qatari defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

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