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

Egypt Defense Market Report Overview

The Egypt defense market budget is worth $9 billion in 2023 and is expected to achieve a CAGR of more than 3% during 2024-2028. The Egypt defense market research 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.

Egypt Defense Market Outlook

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Egypt Defense Market Drivers

Egypt has planned and signed numerous military procurement contracts during the last few years because of the escalation of threats in the region. Apart from the procurement of modern defense equipment, Egypt’s Ministry of Defense and Military Production has allocated $450.0 million (EGP7.3 billion) to develop facilities for the manufacture of weapons and ammunition.

Egypt Military Doctrines and Defense Strategies

During Egypt’s modern history, Israel has been the country’s most important adversary. Egypt has been engaged in four wars against Israel before and finally signed a US-sponsored peace treaty with Tel Aviv, which was considered the first step towards the transformation of Egypt’s military doctrine.

During the last decade, rising regional unrest, coupled with the ongoing conflict with neighboring countries, has compelled Egypt to make radical changes to its naval and air defense capabilities and strategies. In spite of numerous training programs and exercises over the years, conducted both in Egypt and the US, Egyptian doctrine and organization have, until recently, remained largely focused on large-scale conventional operations.

Egypt Defense Market Segmentation by Sectors

The key sectors in the Egypt defense market are military fixed-wing, missiles and missile defense systems, military land vehicles, military rotorcraft, artillery, military radar, military ammunitions, EOIR systems, military UAV, and military simulation and training, among others. Between 2023 and 2028, the military fixed wing is expected to be the leading sector in the Egypt defense market, followed by missiles and missile defense systems.

Egypt Defense Market Analysis by Sectors

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Egypt Defense Market - Competitive Landscape

Some of the leading defense companies in Egypt are Uralvagonzavod, ThyssenKrupp Marine Systems (TKMS), United Aircraft Corp, Fincantieri S.p.A, Dassault Aviation SA, Leonardo Helicopters, Alexandria Shipyard, The Boeing Co, Kamov, and Diehl Defence GmbH & Co. KG.

Egypt Defense Market Report Overview

Scope

The report 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 the 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 modernization.
• 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 an in-depth understanding of 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 of 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 an in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also include information about the key products, alliances, recent contracts awarded, and financial analysis, wherever available.