Egypt Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2023-2028

Egypt Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2023-2028

Summary

Egypt 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.

Egyptian defense and security expenditure inclusive of US FMF funding is anticipated to value $11.0 billion by 2028, growing from $9.4 billion in 2024 at a CAGR of 3.9% over the forecast period. Inclusive of US military aid, Egyptian defense expenditure valued almost $9.0 billion in 2023, and being a major non-NATO ally of the US, the country’s increasing military expenditure is reflected in an ongoing modernization effort to counter terrorism in the Sinai Peninsula, strained relations with Ethiopia, political turmoil following the democratic revolution, and maritime security concerns over the Suez Canal.

Key Highlights

• Drivers of Defense expenditure include Armed forces modernization and building of defense industry, Water conflict between Egypt and Ethiopia, Maritime security threats and Ongoing military conflict and presence of IS in Libya.
• Major ongoing procurement programs include procurement of T-90MS, C-130J, and Rafale.

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

This report offers detailed analysis of the Egypt 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 -

• Egypt defense budget: detailed analysis of the Egypt 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 Egypt military doctrine and strategy to provide a comprehensive overview of Egypt military procurement regulation.
• Security Environment: political alliances and perceived security threats to Egypt 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 Egypt's defense industry.

Reasons to Buy

• Determine prospective investment areas based on a detailed trend analysis of the Egypt 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 Egypt 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 Egypt 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 Egypt 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