Lebanon Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027
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The Lebanon defense budget is worth $1.87 billion in 2022 and is expected to achieve a CAGR of less than 1% during 2022-2027. The Lebanon 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.
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Lebanon Defense Market Drivers
With the Lebanese political leaders failing to come to a mutually agreeable consensus, the nation has devolved into political instability and chaos. The Lebanese government has been compelled to mobilize the country’s security services and army to quell unrest, thus driving defense expenditure.
The country’s armed forces cannot counter cross-border violence and internal extremism, which has necessitated the modernization of the armed forces with the help of Western nations. Western countries such as the US, France, and the UK provide military aid to the Lebanese government to stabilize the security situation in the country and the Middle East.
Lebanon Military Doctrines and Defense Strategies
Lebanese Special Forces (LSF) play a central role in the success of defending the nation. They are the primary force that handles every major military operation, from confronting terrorism to maintaining national stability. The LSF operates as effectively as possible, regardless of resource availability. They have successfully eliminated multiple terrorist groups throughout the last two decades and are pursuing, monitoring, and carrying out proactive security operations to eliminate sleeper cells.
The Lebanese leadership also depends on its soldiers’ loyalty, quality competencies, and high morale, even in the darkest and most difficult circumstances, as well as their willingness to sacrifice themselves for their country. The leadership also depends on cooperation with other security agencies. Finally, it relies on cooperation with friendly countries, which provide the army with most of its equipment, supplies, ammunition, and weapons.
Lebanon Defense Market Segmentation by Sectors
The key sectors in the Lebanon defense market are military ammunitions, naval vessels & surface combatants, military land vehicles, tactical communications, and EOIR systems. Military ammunition is the largest sector in the Lebanon defense market and is followed by naval vessels and surface combatants.
Lebanon Defense Market Analysis by Sectors
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Competitive Landscape
The leading defense companies in the Lebanon defense market are AM General LLC and Oshkosh Defense LLC.
Lebanon Defense Market Report Overview
Market Size (2022) | $1.87 billion |
CAGR (2022-2027) | <1% |
Key Sectors | Military Ammunitions, Naval Vessels & Surface Combatants, Military Land Vehicles, Tactical Communications, and EOIR Systems |
Leading Companies | AM General LLC and Oshkosh Defense LLC |
Scope
This report provides:
- Detailed analysis of the Lebanon 2022 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.
- Explanation of the procurement policy and process. This is coupled with an analysis of Lebanon’s military doctrine and strategy to provide a comprehensive overview of Lebanon’s military regulation.
- Examination of political alliances and perceived security threats to Lebanon. They help to explain trends in spending and modernization.
- Analysis of prevalent trends in the country’s imports and exports over the last five years.
- Analysis of the competitive landscape of Lebanon’s defense industry.
Reasons to Buy
- Determine prospective investment areas based on a detailed trend analysis of the Lebanon 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 Lebanon 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 Lebanon 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 Lebanese 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.
Oshkosh Defense
Table of Contents
Frequently asked questions
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What is the Lebanon defense market size in 2022?
The defense market size in Lebanon is valued at $1.87 billion in 2022.
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What is the Lebanon defense market growth rate?
The defense market in Lebanon is expected to achieve a CAGR of less than 1% during 2022-2027.
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What are the key sectors in the Lebanon defense market?
The key sectors in the Lebanon defense market are military ammunitions, naval vessels & surface combatants, military land vehicles, tactical communications, and EOIR systems.
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Which are the leading companies in the Lebanon defense market?
The leading defense companies in the Lebanon defense market are AM General LLC and Oshkosh Defense LLC.
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