Middle East And Africa Vetronics Market 2022-2028

Middle East And Africa Vetronics Market 2022-2028

MARKET OUTLOOK

As per Triton's research report, the Middle East and Africa vetronics market are anticipated to surge at a CAGR of 4.71% during the forecast years 2022-2028. The countries considered in the market in this region include Egypt, Israel, Turkey, Saudi Arabia, Algeria, Morocco, Iran, and Rest of Middle East & Africa.

Egypt has made significant financial investments in several defense-related industries. In April 2021, the country's Minister of Military Production held a meeting with the company Hyundai Rotem to co-produce the K2 Black Panther Main Battle Tank (MBT). This tank will be sold in the country under a new customized variation called K2EGY. Additionally, on the sidelines of the International Defense Exhibition and Conference (IDEX), which was hosted in the United Arab Emirates (UAE), Egypt and South Korea began discussing jointly producing the K2 Black Panther and K9 K9 155mm self-propelled howitzers from Hanwha Defense. Such financial investments in the defense system are expected to propel the country's market growth.

FNSS, a Turkish defense company, had supplied tracked armored combat vehicles and updated M113 armored personnel carriers for the Royal Saudi Land Forces. For nearly fifteen years, the business managed the Royal Saudi Land Forces' Automotive and Upgrade Centre (AUC) in Al-Kharj and performed M113 vehicle upgrades. Over 1,000 M113s have been upgraded, and the RSLF already has them in stock. In addition, the company delivered several armored command post vehicles based on the FNSS ACV-19, which helped the Turkish military industry grow.

COMPETITIVE OUTLOOK

The key players in the vetronics market include BAE Systems, Leonardo S.p.A, Thales Group, Lockheed Martin Corporation, and Rheinmetall AG.


1. Middle East And Africa Vetronics Market- Summary
2. Industry Outlook
2.1. Impact Of Covid-19 On The Vetronics Market
2.2. Key Insights
2.2.1. Growing Investments In Hybrid Military Vehicles
2.2.2. Rising Military Land-vehicle Inventory
2.3. Porter's Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Industry Components
2.6.1. Component Providers
2.6.2. System Manufacturers/Oems
2.6.3. Distribution Channels
2.6.4. End-users
2.6.5. Aftermarket Services
2.7. Key Market Strategy
2.7.1. Acquisitions
2.8. Market Drivers
2.8.1. Open Architecture Of Vetronics Systems
2.8.2. Ongoing Military Modernization Of Land-based Vehicle Inventory
2.8.3. Advancements In Battlefield Technology
2.9. Market Challenges
2.9.1. Cut-offs In Defense Budget
2.9.2. Rising Cost Of Raw Materials
2.9.3. Usability Regulations
2.10. Market Opportunity
2.10.1. Investments In Research & Development
3. Middle East And Africa Vetronics Market Outlook - Land-based Fleet Type
3.1. Tanks
3.2. Armored Vehicles
3.3. Artillery
3.4. Rocket Projectors
4. Middle East And Africa Vetronics Market Outlook - By Component
4.1. Electronic Warfare & C4 Systems
4.2. Navigation Systems
4.3. Power Systems
4.4. Vehicle Protection Systems
5. Middle East And Africa Vetronics Market Outlook - By Vertical
5.1. Defense
5.2. Homeland Security
6. Middle East And Africa Vetronics Market– Country Outlook
6.1. Egypt
6.2. Turkey
6.3. Iran
6.4. Israel
6.5. Saudi Arabia
6.6. Algeria
6.7. Morocco
6.8. Rest Of Middle East & Africa
7. Competitive Landscape
7.1. Curtiss-wright
7.2. Bae Systems
7.3. Thales Group
7.4. General Dynamics Corporation
7.5. Lockheed Martin Corporation
7.6. Rheinmetall Ag
7.7. Raytheon Technologies
7.8. L3harris Technologies
7.9. Saab Ab
7.10. Leonardo S.P.A
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources Of Data
8.3. Research Methodology
List Of Tables
Table 1: Middle East And Africa Vetronics Market, Country Outlook, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: List Of Acquisitions
Table 4: Middle East And Africa Vetronics Market, By Land-based Fleet Type, 2022-2028 (In $ Million)
Table 5: Middle East And Africa Vetronics Market, By Component, 2022-2028, (In $ Million)
Table 6: Middle East And Africa Vetronics Market, By Vertical, 2022-2028 (In $ Million)
Table 7: Middle East And Africa Vetronics Market, Country Outlook, 2022-2028 (In $ Million)
List Of Figures
Figure 1: Market Attractiveness Index
Figure 2: Middle East And Africa Vetronics Market, By Land-based Fleet Type, 2021 & 2028 (In %)
Figure 3: Middle East And Africa Vetronics Market, By Tanks, 2022-2028 (In $ Million)
Figure 4: Middle East And Africa Vetronics Market, By Armored Vehicles, 2022-2028 (In $ Million)
Figure 5: Middle East And Africa Vetronics Market, By Artillery, 2022-2028 (In $ Million)
Figure 6: Middle East And Africa Vetronics Market, By Rocket Projectors, 2022-2028 (In $ Million)
Figure 7: Middle East And Africa Vetronics Market, By Component, 2021 & 2028 (In %)
Figure 8: Middle East And Africa Vetronics Market, By Electronic Warfare & C4 Systems, 2022-2028 (In $ Million)
Figure 9: Middle East And Africa Vetronics Market, By Navigation Systems, 2022-2028 (In $ Million)
Figure 10: Middle East And Africa Vetronics Market, By Power Systems, 2022-2028 (In $ Million)
Figure 11: Middle East And Africa Vetronics Market, By Vehicle Protection Systems, 2022-2028 (In $ Million)
Figure 12: Middle East And Africa Vetronics Market, By Vertical, 2021 & 2028 (In %)
Figure 13: Middle East And Africa Vetronics Market, By Defense, 2022-2028 (In $ Million)
Figure 14: Middle East And Africa Vetronics Market, By Homeland Security, 2022-2028 (In $ Million)
Figure 15: Middle East And Africa Vetronics Market, Country Outlook, 2021 & 2028 (In %)
Figure 16: Egypt Vetronics Market 2022-2028 (In $ Million)
Figure 17: Turkey Vetronics Market 2022-2028 (In $ Million)
Figure 18: Iran Vetronics Market 2022-2028 (In $ Million)
Figure 19: Israel Vetronics Market 2022-2028 (In $ Million)
Figure 20: Saudi Arabia Vetronics Market 2022-2028 (In $ Million)
Figure 21: Algeria Vetronics Market 2022-2028 (In $ Million)
Figure 22: Morocco Vetronics Market 2022-2028 (In $ Million)
Figure 23: Rest Of Middle East & Africa Vetronics Market 2022-2028 (In $ Million)

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