Future of the Qatari Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024

Table of Contents

1. Introduction

• 1.1. What is this Report About?
• 1.2. Definitions
• 1.3. Summary Methodology
• 1.4. About GlobalData

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

• 3.1. Current Market Scenario
  • 3.1.1. Primary Threat Perception
  • 3.1.2. Military Doctrine & Strategy
  • 3.1.3. Equipment of Qatari Military
  • 3.1.4. Procurement Programs
  • 3.1.5. Social, Political and Economic Environment & Support for Defense Projects
  • 3.1.6. Political & Strategic Alliances
• 3.2. Defense Market Size Historical and Forecast
  • 3.2.1. Qatari defense budget to grow at a CAGR of 5.20% during 2020-2024
  • 3.2.2. Military modernization program and strong cash reserves are the main factors driving Qatari defense expenditure
  • 3.2.3. Defense expenditure as a percentage of GDP to increase over the forecast period
• 3.3. Analysis of Defense Budget Allocation
  • 3.3.1. Procurement of advanced equipment to drive capital expenditure allocation over the forecast period
  • 3.3.2. Capital expenditure is expected to grow at a CAGR of 6.73% over the forecast Period
  • 3.3.3. Qatar’s per capita defense expenditure is expected to increase over the forecast period
• 3.4. Homeland Security Market Size and Forecast
  • 3.4.1. Homeland security (HLS) expenditure in Qatar is mainly driven by Maritime security, the FIFA World Cup 2022, and Cyber-Security
• 3.5. Benchmarking with Key Global Markets
  • 3.5.1. Qatari defense budget expected to register rapid growth over 2020-2024
  • 3.5.2. Qatari defense expenditure is small compared to the leading spenders
  • 3.5.3. Qatar spent over 3.2% of its GDP on defense in 2019
• 3.6. Market Opportunities: Key Trends and Drivers
  • 3.6.1. Top 10 Defense Sectors by Value (US$ Million) - Projections over 2019-2024
  • 3.6.2. Naval Vessels and MRO- Corvettes
  • 3.6.3. Airborne C4ISR
  • 3.6.4. Land-Based C4ISR

4. Defense Procurement Market Dynamics

• 4.1. Import Market Dynamics
  • 4.1.1. Qatari defense industry is import driven
  • 4.1.2. US to continue to be major arms suppliers to Qatar
  • 4.1.3. Aircraft and Missiles to dominate Qatari defense imports
• 4.2. Export Market Dynamics
  • 4.2.1. Qatar’s defense export market is negligible

5. Industry Dynamics

• 5.1. Five Forces Analysis
  • 5.1.1. Bargaining power of supplier: high
  • 5.1.2. Bargaining power of buyer: medium to high
  • 5.1.3. Barrier to entry: medium
  • 5.1.4. Intensity of rivalry: low to medium
  • 5.1.5. Threat of substitution: medium-high

6. Market Entry Strategy

• 6.1. Market Regulation
  • 6.1.1. The Qatari Government does not disclose FDI in the defense industry
  • 6.1.2. Qatar has an undisclosed offset policy
• 6.2. Market Entry Route
  • 6.2.1. Budgeting Process
  • 6.2.2. Procurement Policy and Process
  • 6.2.3. Historical evidence points to government-government deals being the preferred entry route
  • 6.2.4. Cooperative agreement and military collaborations provide an easier way to access the Qatari defense market
• 6.3. Key Challenges
  • 6.3.1. US domination of the Qatari defense market poses challenge for new entrants
  • 6.3.2. Huge manpower challenge given large military buildup
  • 6.3.3. Lack of industrial capabilities

7. Competitive Landscape and Strategic Insights

• 7.1. Competitive Landscape Overview
  • 7.1.1. Qatar Market Share Analysis, 2019-2024
• 7.2. Key Foreign Companies
  • 7.2.1. Lockheed Martin: overview
  • 7.2.2. Lockheed Martin: products
  • 7.2.3. Lockheed Martin: recent announcements and strategic initiatives
  • 7.2.4. Lockheed Martin: recent contract wins
  • 7.2.5. Lockheed Martin: Financial Analysis
  • 7.2.6. Sikorsky: overview
  • 7.2.7. Sikorsky: products and services
  • 7.2.8. Sikorsky: recent announcements and strategic initiatives
  • 7.2.9. Sikorsky: alliances
  • 7.2.10. Sikorsky: recent contract wins
  • 7.2.11. Raytheon: overview
  • 7.2.12. Raytheon: products
  • 7.2.13. Raytheon: recent announcements and strategic initiatives
  • 7.2.14. Raytheon: alliances
  • 7.2.15. Raytheon: recent contract wins
  • 7.2.16. Raytheon: Financial Analysis
  • 7.2.17. Boeing: Overview
  • 7.2.18. Boeing: Products
  • 7.2.19. Boeing: Recent announcements and strategic initiatives
  • 7.2.20. Boeing: Alliances
  • 7.2.21. Boeing: Contracts
  • 7.2.22. BAE Systems Plc.: Overview
  • 7.2.23. BAE Systems Plc.: Products and Services
  • 7.2.24. BAE Systems Plc.: Alliances
  • 7.2.25. Dassault Aviation: Overview
  • 7.2.26. Dassault Aviation: Product Focus
  • 7.2.27. Dassault Aviation: Recent Announcements and Strategic Initiatives
  • 7.2.28. Dassault Aviation: Alliances
  • 7.2.29. Dassault Aviation: Recent Contract Wins
  • 7.2.30. Dassault Aviation: Financial Analysis
  • 7.2.31. Pilatus Aircraft Limited: Overview
  • 7.2.32. Pilatus Aircraft Limited: Products and services
  • 7.2.33. Pilatus Aircraft Limited: Recent announcements and strategic initiatives
  • 7.2.34. Pilatus Aircraft Limited: Alliances
  • 7.2.35. Pilatus Aircraft Limited: Recent contract wins

8. Business Environment and Country Risk

• 8.1. Economic Performance
  • 8.1.1. GDP per Capita per Capita (US$)
  • 8.1.2. Gross Domestic Product, current US$
  • 8.1.3. Exports of Goods and Services
  • 8.1.4. Imports of Goods and Services (Current LCU)
  • 8.1.5. Gross national disposable income
  • 8.1.6. Local Currency Unit per US$
  • 8.1.7. Market Capitalization of Listed Companies
  • 8.1.8. Market Capitalization of Listed Companies as a % GDP
  • 8.1.9. Government Cash Surplus/Deficit
  • 8.1.10. Goods Exports as a % of GDP
  • 8.1.11. Goods Imports as a % of GDP
  • 8.1.12. Services Imports as a % of GDP
  • 8.1.13. Services Exports as a % of GDP
  • 8.1.14. Net Foreign Direct Investment
  • 8.1.15. Net foreign direct investment as % of GDP
  • 8.1.16. Mining, Manufacturing, Utilities Output

9. Appendix

• 9.1. About GlobalData