Bahrain Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027

Bahrain Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027

Summary

Bahrain Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027 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.

Bahrain's defense expenditure has historically been driven by the need to modernize its armed forces. However, during the historic period, the Bahraini defense expenditure remained consistent with flat CAGR of 0.02% recording a budget of $1.4 billion in 2022. The country allocated $1.4 billion to its defense sector in 2018, which remained almost the same at $1.4 billion in 2022. However, the defense budget is expected to increase from $1.42 billion in 2023 to $1.47 billion in 2027, owing to the Bahraini government’s recent procurement of advanced aircraft and helicopters from the US government.

This report offers detailed analysis of the Bahrain defense market 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.

Key Highlights

• Drivers of Defense expenditure include Military modernization and Bahrain’s strained relationship with Iran.
• Major ongoing procurement programs include procurement of MIM-104F, AH-1Z Viper, and F-16V.

• Defence Startups, Original Equipment Manufacturers (OEMs), Defence Planners, Aerospace and Defence Integrators, Venture Capital Firms, Government Agencies, Head of Marketing, Head of Sales, CEOs and Senior Executives.
• The concerned stakeholders can utilize the report to identify high growth segments and customize their offerings to match the project requirements.
• The Venture Capital Firms can utilize the project details, growth rate, and market size to identify and fund high potential startups.

• Bahrain defense budget: detailed analysis of the Bahrain 2022 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 process is explained. This is coupled with an analysis of the Bahrain military doctrine and strategy to provide a comprehensive overview of Bahrain military procurement regulation.
• Security Environment: political alliances and perceived security threats to Bahrain are examined; there help to explain trends in spending and modernisation.
• 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 Bahrain's defense industry.

• Determine prospective investment areas based on a detailed trend analysis of the French defense market over the next five years
• Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the French 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 Bahrain defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
• Channel resources by focusing on the ongoing programs that are being undertaken by the Bahrain government
• Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available