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

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

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

Summary

Turkey 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.

Turkey’s defense budget has significantly since the start of the decade from $13.4 billion in 2020 to $44.5 billion in 2024, for a CAGR of 35.0%. This major growth is set to continue, as the budget is expect to rise to $73.2 billion by 2029, for a CAGR of 16.4%.

Key Highlights

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

Scope

• Turkey’s defense budget has significantly since the start of the decade from $13.4 billion in 2020 to $44.5 billion in 2024, for a CAGR of 35.0%. This major growth is set to continue, as the budget is expect to rise to $73.2 billion by 2029, for a CAGR of 16.4%.

Reasons to Buy

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