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Future of the UAE Defense Industry 2017-2022 - $35 Billion Market Attractiveness, Competitive Landscape and Forecasts - ResearchAndMarkets.com

The "Future of the UAE Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022" report has been added to ResearchAndMarkets.com's offering.

The report 'Future of the UAE Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022' offers detailed analysis of the UAE 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.

Between 2013 and 2017, the UAE's annual defense expenditure stood at an average of US$23.4 Billion per year and this is expected to increase to an average of US$35 Billion over the forecast period. On a cumulative basis, the country is expected to invest around US$174 Billion for defence purposes, of which around US$66 Billion is earmarked for capital expenditure to fund defense procurement.

The US is the largest supplier of arms to the UAE, accounting for over 62% of the country's arms imports during 2012-2016. In return for highly sophisticated defense systems, the UAE allows the US to use its ports as a base for its military operations in the Gulf.

However, in an effort to reduce its dependence on a single supplier and diversify its defense systems, the UAE has also increased its purchases from France, Italy, Spain, Turkey, Sweden and Russia among others. Russia also shares a burgeoning strategic relationship with the UAE and has emerged as a major supplier, accounting for around 2.5% of the UAE's arms imports between 2012 and 2016.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

4. Defense Procurement Market Dynamics

5. Industry Dynamics

6. Market Entry Strategy

7. Competitive Landscape and Strategic Insights

8. Business Environment and Country Risk

9. Appendix

Companies Mentioned

  • Abu Dhabi Ship Building
  • Gulf Logistics and Naval Support
  • Abu Dhabi Systems Integration (ADSI)
  • Lockheed Martin
  • BAE Systems
  • Raytheon
  • Rollys-Royce
  • Northrop Grumman Corporation
  • Thales
  • The Boeing Company

For more information about this report visit https://www.researchandmarkets.com/research/4wp58b/future_of_the_uae?w=4

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Related Topics: Military Aerospace and Defense

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