Qatar Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2024-2029

Qatar Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2024-2029

Summary

Qatar Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2024-2029 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.

Qatar is a small country located along the northeast coast of the Arabian Peninsula. The country shares a land border with Saudi Arabia in the south, and the rest of the country is surrounded by the Persian Gulf. It has the third-largest reserves of natural gas in the world. 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. Even though the embargo has been lifted, Qatar’s procurement initiatives indicates the country’s desire to maintain a strong fleet of advanced equipment.

Key Highlights

• Drivers of Defense expenditure include Modernization of Qatar armed forces
• Major ongoing procurement program include procurement of Rafael fighter, F-15QA, Eurofighter Typhoon

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 a detailed analysis of the 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.

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

• Qatar's defense budget: detailed analysis of Brunei's 2024 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 Qatar's military doctrine and strategy to provide a comprehensive overview of Qatar's military procurement regulation.
• Security Environment: political alliances and perceived security threats to Brunei are examined; they help to explain trends in spending and modernisation.
• Competitive landscape and strategic insights: analysis of the competitive landscape of Qatar's 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