Morocco Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

2021-09-08
Price :
Published : Sep-2021
No. of Pages : 86
Inquire before Buying request discount

Morocco Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

Summary

“Morocco Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026”, report provides an overview of the Morocco defense market, outlining future programs and predicted expenditures. Over the historic period, defense expenditure has been driven by the ongoing rivalry with neighbouring Algeria, the conflict in Western Sahara, and security concerns related to both the drugs trade and terrorism. During 2017-2021, Morocco’s defense expenditure grew at a CAGR of 8.67% to reach US$6.5 billion in 2021. Whilst persistent geopolitical drivers necessitate continued spending, the economic impacts of COVID-19 are expected to dampen the rate of defense expenditure growth over the forecast period. However, major procurement programs such as the F-16, AH-64, and Avante-class offshore patrol vessel (OPV) will sustain expenditure growth in this period.

Drivers of Defense expenditure include: Modernization of the Moroccan Royal Armed Forces, conflict in Western Sahara and rivalry with Algeria Equipment modernization: Morocco needs a collection of advanced and high-tech weaponry in order to combat the threat from extremists and ensure adequate security along the Moroccan borders. Given the need to enhance effectiveness and ensure that the country’s arsenal is technologically advanced, Morocco has opted for equipment modernization, under which the country will procure better designed, cutting-edge technology arms and ammunitions.

Who Should Buy

– Defence Startups, 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

This report offers detailed analysis of Morocco’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. In particular, it provides an in-depth analysis of the following –
– Morocco’s defense budget: detailed analysis of Morocco’s FY2021 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.
– Regulation: the procurement policy and process is explained. This is coupled with an analysis of Morocco’s military doctrine and strategy to provide a comprehensive overview of Norwegian military regulation.
– Security Environment: political alliances and perceived security threats to Morocco are examined; which will help to explain trends in spending and modernisation.
– Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
– Competitive landscape and strategic insights: analysis of the competitive landscape of the Moroccan defense industry.

Reasons to Buy

– Determine prospective investment areas based on a detailed trend analysis of the Moroccan 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 Moroccan 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 Moroccan defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
– Channel resources by focusing on the ongoing programs that are being undertaken by the Moroccan 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

Filed in: Defence
Publisher : GlobalData
More Reports
Title Price Buy Now

Ammunition Market by Application (Defense, Civil & Commercial), Caliber (Small, Medium, Large), Product (Bullets, Aerial Bombs, Artillery Shells, Mortars), Component, Guidance Mechanism, Lethality (Lethal, Less-lethal), Region – Forecast to 2026

“Increasing procurement of ammunition armed forces owing to the changing nature of warfare, the militarization of police forces, the increasing incidence of drug trafficking, and terrorist activities, and the modernization of armed forces.” The global ammunition market size is projected to grow from USD 24.3 billion in 2021 to USD 29.1 billion by 2026, at a CAGR of 3.7% from 2021 to 2026. Factors such as the changing nature of warfare, the militarization of police forces, the increasing incidence of drug trafficking, and terrorist activities, and the modernization of armed forces are driving factors assisting the growth of the ammunition market. The ammunition market includes major players Lockheed Martin (US), General Dynamics Corporation (US), BAE Systems (UK), Elbit Systems (I......
 $4950

Missile Defense System Market by Technology (Fire Control System, Weapon System, Countermeasure System, and Command and Control System), Range (Short, Medium, and Long), Threat type, Domain (Ground, Air, Marine, and Space), and Region – Forecast to 2026

“Increasing use of early warning systems for potential air and missile attacks will drive the market.” The missile defense system market size is projected to grow from USD 23.9 billion in 2021 to USD 29.7 billion by 2026, at a CAGR of 4.4% from 2021 to 2026. The market is driven by various factors, such as increasing defense programs of nations to protect against various threats, significant investments in indigenous missile defense systems, increasing need for missile detection systems, and increasing use of early warning systems for potential air and missile attacks. The missile defense system market will majorly be driven by the increasing use of early warning systems for potential air and missile attacks. Air and missile defense systems are used to monitor various enemy airbo......
 $5650

Global Military Electro-Optical/Infrared (EO/IR) Systems Market to 2031 – Market Size and Drivers, Major Programs, Competitive Landscape and Strategic Insights

Global Military Electro-Optical/Infrared (EO/IR) Systems Market to 2031 - Market Size and Drivers, Major Programs, Competitive Landscape and Strategic Insights Summary The global military electro-optical/infrared (EO/IR) systems market is valued at US$9.2 billion in 2021 and is anticipated to increase at a CAGR of 3.43% to reach a value of US$12.9 billion by 2031. The cumulative market for global EO/IR systems is estimated to value US$119.6 billion over the forecast period. The demand for EO/IR systems is anticipated to be driven by the increased need for battlespace awareness by defense forces and technological advancements to improve effectiveness of EO/IR systems. The integration of technologically advanced EO/IR systems into modern warfare platforms to obtain information superiority......
 $4800

Estonia Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

Estonia Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 Summary "Estonia Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026", report provides an overview of the Estonian defense market, outlining future programs and predicted expenditures. The defense budget of Estonia reached US$787 million in FY2021, the highest budget submitted and accepted over the historic period. Whilst small in comparison to many of its international allies, this budget is still over the 2% GDP NATO target which many of Estonia's peers fail to reach or maintain. As such, this modest budget allows Estonia to continue international cooperation and alliances by boosting positive sentiment and demonstrating a commitment to national and collective security. This is......
 $1250

Jordan Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

Jordan Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 Summary Jordan Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 report provides the market size forecast and the projected growth rate for the next five years. The report covers 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 military platforms over the forecast period. The Jordanian defense modernization programs have historically been fueled by the need to maintain a robust deterrence capability to dissuade hostile elements and countries from threatening its sovereign territory. ......
 $1250

Argentina Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

Argentina Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 Summary Argentina 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. Despite the need to support armed forces modernization program, Argentina's ability to fiscally support such a venture is constrained by economic crisis which has be......
 $1250

Counter-Unmanned Aerial System (C-UAS) in Aerospace and Defense – Thematic Research

Counter-Unmanned Aerial System (C-UAS) in Aerospace and Defense - Thematic Research Summary The use of unmanned aerial vehicles (UAVs) has gathered pace in recent years, with most states having access to some form of UAV platform. As new technologies such as AI and drone swarms mature, UAVs have the potential to revolutionize modern warfare. To counter this emerging threat, investment in cutting edge C-UAS is essential. The commercialization of drones is a key driver in the C-UAS market, with technological advances lowering the costs of acquiring drones, thereby increasing access. This has led to wider commercial and governmental proliferation, which itself necessitates the development and procurement of C-UAS systems in a variety of defense, commercial, and law enforcement roles. In t......
 $1950

Egypt Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026

Egypt Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 Summary "Egypt 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 defense expenditure drivers, key procurement programs and major challenges faced by market participants. Egyptian defense expenditure stands at US$4.3 billion in 2021 and registered a CAGR of 10.34% during 2017-2021. Amidst the ongoing instability in Libya and conflict with Ethiopia, the country has signed several defense deals in order to maintain its military superiority in the region. In 2020, Egypt signed an agreement with Russia for t......
 $1250

Global Military Unmanned Ground Vehicle Market to 2031

Global Military Unmanned Ground Vehicle Market to 2031 Summary The global military unmanned ground vehicles (UGV) market is anticipated to grow at a CAGR of 4.29% with a cumulative value of US$10.7 billion over the forecast period. The demand for military UGV is anticipated to be witnessed in the North American and European regions, especially in countries such as the US, Russia, France, Spain, Poland and the UK. The European region will hold the largest position globally, exhibiting a steady pace of growth over the forecast period with a CAGR of 4.76%. The global military unmanned ground vehicle market is expected to be led by Europe, with a revenue share of 46.5%, followed by North America and Asia-Pacific. UGVs have proven to be exceedingly useful during peacekeeping missions and the......
 $4800

Antenna, Transducer, and Radome Market by Product (Antenna & Transducer, Radome), Platform (Ground, Naval, Airborne), End User, Application, Technology (Radar, Communication, Sonar), Frequency, Region – Global Forecast to 2025

 “Growing trend of automation in flight control and increase in defense expenditure and R&D activities to develop ATR are the major factors driving the ATR market.” The global ATR market size is projected to grow from USD 9.1 billion in 2020 to USD 16.0 billion by 2025, at a CAGR of 11.9% from 2020 to 2025. The growth of the market can be attributed to the growing trend of automation in flight control and increase in defense expenditure and R&D activities to develop ATR, capable of withstanding harsh conditions and providing long-range capabilities at low power consumption. The ATR market includes major players such as Raytheon Technologies Corporation (US), Honeywell International Inc. (US), L3Harris Technologies Inc. (US), Lockheed Martin Corporation (US), and Cobham P......
 $4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy