Saudi Arabia Aerospace and Defense Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The market size of military aerospace and defense market includes the sum of the revenues generated from signed deals that remain under contract and new contracts signed within a particular calendar year.
• The Saudi Arabian aerospace & defense market had total revenues of $6.3 billion in 2022, representing a negative compound annual growth rate (CAGR) of 11.4% between 2017 and 2022.
• The systems & ordnance segment accounted for market's the largest proportion in 2022, with total revenues of $3.0 billion, equivalent to 47.5% of the market's overall value.
• The nation’s ambition to develop its defence industrial capacity to source 50% of its defence requirements from domestic sources, coupled with the need for a robust defence posture in the face of external threats, are driving military spending for the nation and driving the aerospace and defense market.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aerospace & defense market in Saudi Arabia
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aerospace & defense market in Saudi Arabia
• Leading company profiles reveal details of key aerospace & defense market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia aerospace & defense market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the Saudi Arabia aerospace & defense market by value in 2022?
• What will be the size of the Saudi Arabia aerospace & defense market in 2027?
• What factors are affecting the strength of competition in the Saudi Arabia aerospace & defense market?
• How has the market performed over the last five years?
• Who are the top competitors in Saudi Arabia's aerospace & defense market?