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Sector Analysis
NewEgypt Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Egypt Defense Market Report Overview In 2024, Egypt's defense budget is worth $5.2 billion, inclusive of US military aid. The country’s defense budget will grow at a CAGR of more than 3% during 2025-2029. Egypt’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. Furthermore, the country’s strained relations with Ethiopia over the construction...
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Sector Analysis
NewOman Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Oman Defense Market Report Overview The Oman defense budget is $8 billion in 2024. The country’s defense budget will grow at a CAGR of more than 2% during 2025-2029. This can be attributed to the rising arms race in the region to intercept the growing turbulence in neighboring countries such as Syria and Yemen. In addition, the increase in oil prices will facilitate increases in Oman's defense budget. Oman Defense Market Outlook, 2024-2029 ($ Billion) Buy the Full Report for...
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Thematic Analysis
NewUkraine Conflict Impact – Thematic Intelligence
Ukraine Conflict Impact Report Overview The large-scale Russian invasion of Ukraine in February 2022 has dramatically restructured strategic priorities within the global defense sector either by developing innovative defense capabilities, or the re-invigorating previously stagnant market segments. As the geostrategic implications of this conflict continue to reverberate across global markets, the primary lesson learned is the need to upscale production capacity and leverage cost-efficiency across all domains of modern warfare, with investments driving innovation of both technology and operations throughout...
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Sector Analysis
NewBahrain Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Bahrain Defense Market Report Overview As of 2024, the Bahrain defense budget is worth $1.5 billion. The country’s defense budget will grow at a CAGR of more than 2% during 2025-2029. Modernization efforts and Bahrain’s strained relationship with Iran are the major drivers for defense expenditure. The Bahraini government aims to maintain international and regional security and continue peacekeeping activities. Bahrain Defense Market Outlook, 2024-2029 ($ Billion) Buy the Full Report for More Insights into the Bahrain Defense Market Forecast...
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Sector Analysis
NewHungary Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Hungary Defense Market Report Overview In 2024, Hungary's defense budget is worth $4.6 billion. The country’s defense budget will grow at a CAGR of more than 6% during 2025-2029. The largest component of Hungary’s defense expenditure every year is acquisition. This is the result of the ongoing ZrÃnyi Modernization Program to update Hungary’s aging military equipment, much of which is still a holdover from the Soviet era. Hungary Defense Market Outlook, 2024-2029 ($ Billion) Buy the Full Report for More...
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Thematic Analysis
NewScaling Rearmament – Thematic Intelligence
Reasons to buy the ‘Scaling Rearmament’ thematic intelligence report: Obtain in-depth insights into different rearmament efforts being undertaken by various military organizations and defense companies to understand the market better. Study the emerging trends and how they will influence the scaling rearmament theme and their broader impact on the defense market. Get an overview of the specific drivers of large-scale rearmament today, as well as the challenges that forces and defense sector suppliers face. Explore thematic investment opportunities for armed...
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Sector Analysis
NewNetherlands Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Netherlands Defense Market Report Overview As of 2024, the Netherlands defense budget is worth $22.8 billion. The country’s defense budget experienced a sudden increase in 2024, as the Dutch government adjusted to the reality of war on the European continent. Furthermore, Russia’s invasion of Ukraine has compelled the Netherlands to reinforce its defense posture, as it hopes to deter and defend against further Russian aggression. Against the backdrop of war in Europe, the country’s defense budget will grow at a...
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Thematic Analysis
Missile Defense – Thematic Intelligence
Missile Defense Report Overview The balance of strategic power provided by missiles and missile defense capabilities has come into renewed focus in recent years, as the return of high-intensity warfare in Europe and the rise of great power competition in the Asia-Pacific region drive concerns for global security. Nations are also collaborating in this field through treaties, security arrangements, and joint operations, providing greater opportunities for both primes and contractors within the missile defense supply chain to grow their market...
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Sector Analysis
Lithuania Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Lithuania Defense Market Report Overview The Lithuania defense budget was worth $2.1Â billion in 2024 and will grow at a CAGR of more than 6% during 2025-2029. The budget will grow because of modernization commitments by the Lithuanian government and additional threats, including the conflict in Ukraine, have heightened the need for military spending. The Lithuanian military is pursuing several programs, including the acquisition of armored vehicles, M142 HIMARS, and Black Hawk helicopters to provide it with more modern capabilities. Lithuania...
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Sector Analysis
Philippines Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2029
Philippines Defense Market Report Overview The Philippines defense budget is worth $4.1 billion in 2024 and is expected to register a robust CAGR of more than 6% during 2025-2029. Territorial claims in the South China Sea and the increasing strength and assertiveness of the Chinese armed forces have spurred the Philippines government to enhance its military capabilities, driving the Philippines’s defense expenditure. Additionally, the Philippines is planning to replace its obsolete equipment to combat the modern threat scenario. The country...