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In the global region, Asia Pacific will account for significant incremental growth in the aviation sector in the next decades (till 2015). India, China and West Asia are emerging as the big drivers behind this growth. The global investment community is actively assessing the Asian aviation scene, with a particular interest in the Indian sub contin...

29 Apr 2021  |  South Asia, Middle East & North Africa  |  Market Research

Privatisation Thrust and Geopolitical Situation Transforming the Indian Defence Market

The Market is at the Cusp of Revolution Due to These Mega Trends

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Defence Public Sector Undertakings (DPSUs) that have not delivered as per expectation have traditionally dominated the Indian defence market. As a result, India imports an estimated 70% of its defence needs. The acquisition cycle has also been long blamed for being inefficient resulting in delayed or cancelled contracts. Consequently, the Indian de...

In future conflicts, it will be essential for warfighters to maintain a robust and data-driven operational decision-making process. Supporting this capability, artificial intelligence (AI) is critical to enabling action at the speed of the digital battlespace, which will be far faster than the human ability to process and act on data. Practically, ...

The aerospace and defense (A&D) industry in the Gulf Cooperation Council (GCC) countries is experiencing transformative changes due to regional security dynamics and strategic economic initiatives. Heightened tensions in the Middle East and the increased threat of a region-wide conflict evinced by the 2023 Israel-Hamas conflict and Iran's retaliato...

Space exploration is increasingly vital for many nations, impacting technology, industries, and global cooperation. This forces countries to develop space technology and capabilities via their space agencies. Over the years, India has made considerable advancements in the space industry, exploration, and technology and has positioned itself as a si...

14 Mar 2017  |  South Asia, Middle East & North Africa  |  Market Research

Middle East Commercial Security Market, Forecast to 2021

Integration and Regulatory Environment will Drive Market Growth

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The commercial security market has been in the limelight for its growth across the Middle East for the past few years driven by increased investments and stringent regulatory policies. The demand for sophisticated security systems has seen an upswing, creating growth opportunities throughout the ecosystem. According to Frost & Sullivan’s latest rep...

India's aerospace engineering services market is evolving from cost-led engineering delivery to higher-value, strategic aerospace engineering participation. The market comprises outsourced engineering services delivered from India by third-party engineering and digital service providers that support commercial aviation, defense aviation, space, and...

Middle Eastern countries increasingly acquire and develop missile defense (MD) capabilities to counter regional threats posed by Iran’s projected aggression in expanding the range, accuracy, stealth, and lethality of its offensive missiles and integrating them into military concepts of operations and coercive threats. This trend catalyzes regional ...

The Middle Eastern defense market is constantly growing in light of significant regional geopolitical changes, military modernization efforts, and the Russo-Ukrainian War, accelerating demand for advanced weapon systems. Accordingly, the regional defense market is expected to grow at a higher rate than the global average, to more than 2.5% per annu...