Future of the Saudi Arabian Defense Industry Market Attractiveness, Scope, Influencing Demand, Competitive Landscape and Forecasts to 2023

Albany, US, August 1, 2018: The market for Saudi Arabian Defense Industry is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Future of the Saudi Arabian Defense Industry Market” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Saudi Arabian Defense Industry sector is highlighted in the report which indicates a prosperous future.

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 Future of the Saudi Arabian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023


“Future of the Saudi Arabian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023”, published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

This report offers detailed analysis of the Saudi Arabian defense industry 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 –
– The Saudi Arabian defense industry market size and drivers: detailed analysis of the Saudi Arabian defense industry during 20192023, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the countrys expenditure and modernization patterns
– Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to the army, navy, and air force. It also details the key challenges faced by defense market participants within the country
– Porters Five Force analysis of the Saudi Arabian defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry
– Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
– Market opportunities: details of the top five defense investment opportunities over the next 10 years
– Competitive landscape and strategic insights: analysis of the competitive landscape of the Saudi Arabian defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis


– Saudi Arabia is one of the largest defense spenders in the world, behind the US, China, and Russia, with a military budget valued at US$56 billion in 2018. The country is the largest market in the Middle East due to its robust economic and financial position, backed by its oil exports. The rising tension with Iran, aggressive procurement strategies, and modernization programs, along with the need to strengthen its indigenous defense industry, are the main factors boosting the country’s military expenditure.
– On a cumulative basis, the country is expected to invest US$326.5 billion for defense purposes, of which US$146 billion is earmarked for capital expenditure to fund defense procurements. The governments well-defined military modernization plans along with its efforts to supress Houthi insurgency in Yemen as well as its support for rebel factions within Syria, are expected to stimulate the expenditure over the next few years
– The MoD is expected to invest in physical security of vital assets, development of land based C4ISR capabilities and multi-role aircraft among others.

Reasons to buy

– This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Saudi Arabian defense industry market trends for the coming five years
– The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period
– Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins, and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector
– A deep qualitative analysis of the Saudi Arabian defense industry covering sections including demand drivers, Porters Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts

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Table of Contents
1. Introduction 9
1.1. What is this Report About? 9
1.2. Definitions 9
1.3. Summary Methodology 11
1.4. About Strategic Defence Intelligence 12
2. Executive Summary 13
3. Market Attractiveness and Emerging Opportunities 16
3.1. Current Market Scenario 17
3.1.1. Primary Threat Perception 17
3.1.2. Military Doctrine & Strategy 19
3.1.3. Military Fleet Size 21
3.1.4. Procurement Programs 26
3.1.5. Ongoing procurement programs 26
3.1.6. Future procurement programs 27
3.1.7. Top Procurement Programs by Value (US$ Million) 2018-2023 29
3.1.8. Social, Political, and Economic Environment & Support for Defense Projects 30
3.1.9. Political & Strategic Alliances 31
3.2. Defense Market Size Historical and Forecast 32
3.2.1. Saudi Arabian defense budget to grow at an estimated CAGR of 4.03% during 2019-2023 32
3.2.2. Strained relationship with Iran, military modernization programs, and the need to develop its indigenous defense sector are key factors driving defense expenditure 35
3.2.3. Saudi Arabian defense expenditure as a percentage of GDP is expected to average 8.1% during the forecast period 37
3.3. Analysis of Defense Budget Allocation 39
3.3.1. Majority of the budget to be allocated for revenue expenditure 39
3.3.2. Capital expenditure is anticipated to record a CAGR of 3.84% during the forecast period 41
3.3.3. Per capita defense expenditure is expected to increase over the forecast period 43
3.4. Homeland Security Market Size and Forecast 45
3.4.1. The homeland security market in Saudi Arabia is expected to grow at a CAGR of 5.65% during the forecast period 45
3.4.2. Border Security and Infrastructure, along with cyber security will be the key factors driving homeland security 48
3.4.3. Saudi Arabia considered at moderate risk of terrorist attack 49
3.4.4. Saudi Arabia faces high level of threat from foreign terrorist organizations 50
3.4.5. Saudi Arabia has a terrorism index score of 5.8 52
3.5. Benchmarking with Key Global Markets 53
3.5.1. Saudi Arabia is the third largest defense spender 53
3.5.2. Saudi Arabia is expected to remain among the top five defense spending countries in the world 55
3.5.3. Saudi Arabia spent over 7.5% of its GDP on defense in 2018 56
3.6. Market Opportunities: Key Trends and Drivers 57
3.6.1. Top 10 Defense Market Sectors by Value (US$ Million) – Projections over period 2018-2023 57
3.6.2. Critical Infrastructure Protection (CIP) – Physical Security 58
3.6.3. Land Based C4ISR 59
3.6.4. Fighters & Multi-Role Aircraft 60

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