Saudi Arabia C4ISR Market : Analysis of Growth, Trends Progress and Challenges (2018-2023)
The market for C4ISR systems in Saudi Arabia is poised to grow at a CAGR of 6.35% over the forecasted period. The market will touch $3.25 billion by 2020 from $2.42 billion in 2015.
Middle East region is in turmoil, and has been since the start of the Arab Spring. States round Saudi Arabia like Iraq, Syria, Egypt, and Yemen are facing security issues, and Saudi Arabia faces a real threat from all sides of its boundary. The threat from the Islamic state of the Levant is very real and is one of the reasons for the massive rise in the Saudi Arabia spending on defense in recent years. Saudi Arabia is constructing a state of the art boundary over the mountainous Yemen border and is adapting the best surveillance techniques available.
Command & Control Systems, air borne and space based surveillance will see very high growth in Saudi Arabia. The UAV’S, on which the country is spending huge sums now, will enhance the country’s Airborne ISR Capabilities. Due to the refusal by American authorities to supply Saudi Arabia with armed drones, Saudi Arabia is in talks with Denel to develop their arsenal of UAVS. Also the countries, which are a part of the GCC, may form a unified military command centre, which will boost the C4ISR market in the country.
Denel, Lockheed Martin and Harris Corporation are some of the important players in the Saudi Arabia c4isr market. The market has been segmented by Type (Command & Control, ISR, Computer, Communication, Electronic Warfare) and by Platform (Land Based, Air Based, Sea Based, Space Based).
What the report offers
Market analysis for the Saudi Arabia C4ISR Market, with region specific assessments and competition analysis on global and regional scales Market definition along with the identification of key drivers and restraints Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect Saudi Arabia C4ISR Market on both global and regional scales A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market