Kuwaiti Defense Market Outlook 2020-2025: Expected to Cumulatively Spend US$ 41.5 Billion on Its Military Over the Forecast Period

DUBLIN, March 5, 2020 /PRNewswire/ -- The "Kuwaiti Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2025" report has been added to ResearchAndMarkets.com's offering.

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This report provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

This report offers detailed analysis of the Kuwaiti 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:

    --  The Kuwaiti defense industry market size and drivers: detailed analysis
        of the Kuwaiti defense industry during 2021-2025, including highlights
        of the demand drivers and growth stimulators for the industry. It also
        provides a snapshot of the country's expenditure and modernization
        patterns
    --  Budget allocation and key challenges: insights into procurement
        schedules formulated within the country and a breakdown of the defense
        budget with respect to capital expenditure and revenue expenditure. It
        also details the key challenges faced by defense market participants
        within the country
    --  Import and Export Dynamics: analysis of prevalent trends in the
        country's imports and exports over the last five years
    --  Market opportunities: list of the top ten defense investment
        opportunities over the next 5 years
    --  Competitive landscape and strategic insights: analysis of the
        competitive landscape of the Kuwaiti defense industry.

Key Highlights

    --  With a military expenditure of US$6.9 billion in 2020, Kuwait is
        expected to cumulatively spend US$41.5 billion on its military over the
        forecast period.
    --  The country's defense and security expenditure will largely be driven by
        its military modernization program, which is supported by the need to
        secure itself against IS-sponsored terror attacks.
    --  As a percentage of GDP, the country's defense budget is expected to
        average 5% over the forecast period.

Reasons to Buy

    --  This report will give the user confidence to make the correct business
        decisions based on a detailed analysis of the Kuwaiti defense industry
        market trends for the coming five years
    --  The market opportunity section will inform the user about the various
        military requirements that are expected to generate revenues during the
        forecast period. The description includes technical specifications,
        recent orders, and the expected investment pattern by the country during
        the forecast period
    --  Profiles of the top domestic and foreign defense manufacturers. This
        will provide the user with a total competitive landscape of the sector
    --  A deep qualitative analysis of the Kuwaiti defense industry covering
        sections including demand drivers, Key Trends , and latest industry
        contracts

Companies Mentioned

    --  Abu Dhabi Ship Building (ADSB)
    --  Airbus Helicopters
    --  Boeing
    --  Eurofighter Jagdflugzeug
    --  General Dynamics
    --  Leonardo
    --  Lockheed Martin
    --  Raytheon

For more information about this report visit https://www.researchandmarkets.com/r/k7m0mf

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