This analysis indicates that Saudi Arabian defence spending will reach a value of $50.83bn in 2012, as the country continues to invest heavily in defence and security systems. Saudi Arabia will remain a key market over the coming decade, as defence spending continues to increase, providing opportunities for many companies who may be struggling to find orders in contracting markets in Europe and the US.
A defence analyst commented that: “A wide variety of internal and external threats, combined with historically high oil prices, provides Saudi Arabia with the motive and resources to significantly improve the country’s defence and security apparatus.”
The report contains 102 tables, charts and figures that quantify and forecast the Saudi Arabian defence budget, and Saudi spending on defence products and services. This provides forecasts for the period 2012-2022 in terms of value (US$) for the Saudi Arabian defence market and for air, land, and naval systems sectors within the Saudi Arabian defence market. In addition, the report quantifies, analyses and forecasts 16 submarkets within the Saudi Arabian defence market, from 2012-2022. The report provides profiles of 20 leading companies operating within the market, and includes a SWOT analysis of the Saudi Arabian defence market.
The Saudi Arabian Defence Market 2012-2022 report will be of impressive value to current, and future, investors into the Saudi Defence industry, as well as to companies and research centres who wish to broaden their knowledge of the Saudi Arabian defence market.
Source: ASDReports - Market Research
Date: Jul 17, 2012