Future of the $5.6 Billion Egyptian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 12, 2018--The “Future of the Egyptian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022” report has been added to ResearchAndMarkets.com’s offering.
This report offers detailed analysis of the Egyptian defense industry with market size forecasts covering the next five years. The report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.
Egypt’s total defense expenditure valued at about US$4 Billion in 2017 and is anticipated to post a forecast-period CAGR of more than 6.5%, to reach around US$5.6 Billion in 2022. The country has undergone a period of political turmoil since January 2011 which began with the ousting of President Hosni Mubarak following 30 years of autocratic rule and ended in the nation’s first democratic elections, which saw a new President being elected and deposed 13 months later. A cycle of violence and terror attacks have taken the country to the brink of civil war and caused the military to play a more active role in state affairs.
Egyptian defense budget represented an average of more than 16% of the allocated budget during 2013-2017, in addition to military aid of more than US$7 Billion from the US. This share is anticipated to increase to an average of just over 17% during 2018-2022.
Egypt’s domestic defense industry is completely controlled by the military through the Ministry of Military Production, and the presence of private and foreign companies is seen as a threat to the country’s national security interests. Egypt’s defense industry is also characterized by low R&D expenditure and a focus on labor-intensive manufacturing products. The military’s industrial base aims to develop the country’s defense industry by agreeing to license products and enter into technology transfer agreements with foreign companies.
Companies MentionedAbu Zaabal Tank Repair Factory Arab British Dynamics Company - Product Focus and Helwan Factory for Developed Industries - Services Arab Organization for Industrialization - Aircraft Factory Arab Organization for Industrialization - Electronics Factory Arab Organization for Industrialization - Engine Factory Arab Organization for Industrialization - Kader Factory Arab Organization for Industrialization - Sakr Factory
Key Topics Covered
2. Executive Summary
3. Market Attractiveness and Emerging Opportunities
4. Defense Procurement Market Dynamics
5. Industry Dynamics
6. Market Entry Strategy
7. Competitive Landscape and Strategic Insights
8. Business Environment and Country Risk
For more information about this report visit https://www.researchandmarkets.com/research/s9szr2/future_of_the?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180612005854/en/
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Related Topics:Military Aerospace and Defense
INDUSTRY KEYWORD: DEFENSE OTHER DEFENSE
SOURCE: Research and Markets
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PUB: 06/12/2018 08:52 AM/DISC: 06/12/2018 08:51 AM