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Afghanistan Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026

Afghanistan Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026

  • May 2021
  • 55 pages
  • ID: 6000407
  • Format: PDF
  • GlobalData

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Afghanistan Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026

Summary
"Afghanistan Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026", report provides the market size forecast and the projected Compound Annual Growth Rate (CAGR) for the next five years. The report covers the industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for maritime and border security market over the forecast period.

Afghanistan is striving to emerge from a prolonged period of war with insurgents and the Taliban.With Joe Biden replacing Donald Trump as the US president, he abandoned a condition-based approach to the conflict and announced that the US will start its final withdraw of troops from May 1 and complete its pullout ahead of the 20th anniversary of  the al-Qaeda attacks on Washington and New York that initiated the US-led invasion of Afghanistan in 2001.

It will enable Afghanistan to become self-reliant and grow independently.

The US is Afghanistan’s most significant supplier of military aid and maintains extensive strategic and military cooperation with the country. Over the last decade, the US has consistently been the largest supplier of defense equipment to Afghanistan and has constituted 89.5% of total imports during 2016-2020.The US has supplied armored vehicles, such as 1,383 Humvees, and light combat aircraft, such as A-29 Super Tucano and more to Afghanistan

This report offers detailed analysis of Afghanistan’s 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.

Key Highlights
- Afghanistan‘s market for multirole aircraft is US$162 million in 2021 and is expected to reach US$300 million in 2026.The sector is expected to grow at a CAGR of 67.40%, fueled by the increased need for airpower to destroy insurgent bases.?
- Attractive sectors in Afghanistan’s defense market are military fixed-wing aircraft, tactical communications and military radars, and military land vehicles.
- The military fixed-wing domain is expected to remain an attractive defense sector for foreign OEM to invest in the Afghanistan defense market, as ongoing insurgencies in Afghanistan have increased the need of airpower to physically destroy insurgents’ bases.

Who Should Buy

- Defence Startup’s, Original Equipment Manufacturers (OEMs), Defence Planners, Aerospace and Defence Integrators, Venture Capital Firms, Government Agencies, Head of Marketing, Head of Sales, CEOs and Senior Executives.
- The concerned stakeholders can utilize the report to identify high growth segments and customize their offerings to match the project requirements.
- The Venture Capital Firms can utilize the project details, growth rate, and market size to identify and fund high potential startups.

Scope
In particular, it provides an in-depth analysis of the following -
- The Afghanistan defense industry market size and drivers: detailed analysis of the Afghan’s defense industry during 2022-2026, 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 Afghan defense industry.

Reasons to Buy
- Determine prospective investment areas based on a detailed trend analysis of the Afghan defense market over the next five years
- Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the Afghan market and identify the opportunities offered.
- Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others
- Identify the major threats that are driving the Afghanistan defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channelize resources by focusing on the ongoing programs that are being undertaken by the Afghan government
- Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available

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