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

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


Pakistan Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2023-2028 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.

The failure of the peace process with India has compelled Pakistan to maintain a robust defense posture and increase defense spending. In 2023 the defense budget is $8.3 billion and registered a CAGR of 0.5%. Defense expenditure is forecast to register a strong CAGR of 2.5% over 2024-28 and reach $10 billion in 2028. The acquisition budget is also forecast to register CAGR of 2.3%. It is projected to reach $2.6 billion in 2028, from $2.4 billion in 2024. Key areas of procurement include combat aircraft, missile systems, submarines, and naval vessels. The majority of Pakistan's defense budget is allocated to the defense services, with a small amount for defense administration. The historic period witnessed a decline in the budget from $8.2 billion in 2019 to $7.8 billion in 2022 which increased again in 2023 to reach $8.3 billion. With the need to fund major ongoing procurement programs, Pakistan's defense budget is expected to grow during the forecast period.

Pakistan is anticipated to invest $47.8 billion cumulatively over the forecast period, compared to $41.5 billion spent during 2019-23. The defense expenditure is anticipated to focus on the procurement of equipment to augment air defense capabilities, enhance the operational capabilities of the current fleet of naval vessels, and improve communication and surveillance systems.

Key Highlights
  • Drivers of Defense expenditure include Territorial disputes, Developing an indigenous defense industry
  • Major ongoing procurement program include procurement of FD-2000, J-10C, PAC PF-X
Who Should Buy
  • 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.

This report offers detailed analysis of Pakistan 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.

In particular, it provides an in-depth analysis of the following -
  • Pakistan defense budget: detailed analysis of Pakistan 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 process is explained. This is coupled with an analysis of Pakistan military doctrine and strategy to provide a comprehensive overview of Pakistan military procurement regulation.
  • Security Environment: political alliances and perceived security threats to Pakistan 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 Pakistan's defense industry.
Reasons to Buy
  • Determine prospective investment areas based on a detailed trend analysis of the Pakistan 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 Pakistan 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 Pakistan 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

Executive Summary
Defense Budget Assessment
Budgeting Process
Defense Market Size Historic And Forecast
Drivers Of Defense Expenditure
Analysis of Defense Expenditure Allocation
Analysis Of Defense Budget Allocation
Military Doctrine And Security Environment
Military Doctrine And Strategy
Strategic Alliances and Geopolitics
Political, Social and Economic Scenario
Market Entry Strategy And Regulations
Defense Procurement Bodies
Trade Associations and Defense Clusters
Procurement Policy and Market Regulations
Market Entry Routes
Key Challenges
Major Deals and M&A
Market Attractiveness And Emerging Opportunities
Market Attractiveness By Defense Sector
Top Sectors in the Pakistan Defense Market
Top Defense Segments By Value
Defense Platform Acquisitions
Defense Platform Acquisitions By Value
Fleet Size
Competitive Landscape
Defense Companies Operating In Pakistan
Main Defense Companies
About This Report
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