Market Forecast By Type (Howitzer, Mortar, Anti-air, Rocket), By Component (Gun Turret, Engine, Fire Control System, Ammunition Handling System, Chassis, Auxiliary System), By Caliber (Small, Medium, Heavy), By Range (Short Range, Medium Range, Long Range) And Competitive Landscape
Product Code: ETC4555133 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Egypt Artillery Systems Market report thoroughly covers the market by type, by component, by caliber, and by range. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Egypt artillery systems market is characterized by an evolving defense sector with a focus on modernizing and expanding its military capabilities. Geopolitical dynamics and the need for upgraded security infrastructure are pivotal drivers of the market. This demand is complemented by the Egyptian government's strategic partnerships with defense manufacturers worldwide, facilitating the acquisition of advanced artillery systems.
According to 6Wresearch, the Egypt Artillery Systems Market size is projected to reach at a CAGR of 6.8% during the forecast period 2025-2031. The government’s commitment to strengthen national defense in response to regional security concerns. Additionally, the desire to maintain a technologically advanced military force is prompting investments into new artillery system acquisitions and upgrades of existing equipment. There is growing shift towards self-reliance in defense manufacturing, which could lead to increased investments and innovations within the domestic market.
Current trends in the Egypt artillery systems industry include the gradual shift towards localization of defense manufacturing and a growing interest in long-range precision artillery systems. There is also an increased emphasis on mobility and deployability of artillery units to adapt to various terrains Egypt's military might encounter. Moreover, technological advancements are leading to the integration of artificial intelligence and unmanned systems to enhance the effectiveness and accuracy of artillery operations.
The Egyptian government has launched several initiatives to support the growth and modernization of its artillery systems market. These efforts include increasing partnerships with foreign defense companies to facilitate technology transfers and co-production agreements. Another significant initiative is the investment in defense research and development to foster innovation in munitions and precision targeting technologies. Additionally, the government is channeling funds into training programs to enhance the skills of military personnel, specifically in the operation and maintenance of advanced artillery systems.
The artillery systems market in Egypt is witnessing the rise of prominent domestic and international defense manufacturers. Key players include the Arab Organization, Lockheed Martin and Raytheon, known for their advanced weaponry and defense systems.
The Egypt artillery systems market growth is poised to grow at a considerable rate. Emphasis on self-reliance in defense manufacturing is expected to boost local production capabilities and innovation. Future prospects also indicate a rise in the development and acquisition of smart munitions and network-centric warfare systems, as the Egyptian armed forces aim to increase the precision and effectiveness of their artillery.
According to Dhaval, Research Manager, 6Wresearch, the fire control system is gaining a growth within the Egypt market. Enhanced with state-of-the-art targeting technology, these systems are becoming increasingly accurate and efficient, enabling precise engagement of targets.
Based on the caliber, the medium caliber segment that stands out as the growth area in the market. Medium caliber artillery systems offer a cost-effective solution for the Egyptian military, providing sufficient firepower for most operational requirements while ensuring ease of deployment and maintenance. This rising demand for medium caliber systems underscores their growing relevance in Egypt's strategic defense planning.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Artillery Systems Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Artillery Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Artillery Systems Market - Industry Life Cycle |
3.4 Egypt Artillery Systems Market - Porter's Five Forces |
3.5 Egypt Artillery Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Egypt Artillery Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Egypt Artillery Systems Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.8 Egypt Artillery Systems Market Revenues & Volume Share, By Range, 2021 & 2031F |
4 Egypt Artillery Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Artillery Systems Market Trends |
6 Egypt Artillery Systems Market, By Types |
6.1 Egypt Artillery Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Egypt Artillery Systems Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Egypt Artillery Systems Market Revenues & Volume, By Howitzer, 2021 - 2031F |
6.1.4 Egypt Artillery Systems Market Revenues & Volume, By Mortar, 2021 - 2031F |
6.1.5 Egypt Artillery Systems Market Revenues & Volume, By Anti-air, 2021 - 2031F |
6.1.6 Egypt Artillery Systems Market Revenues & Volume, By Rocket, 2021 - 2031F |
6.2 Egypt Artillery Systems Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Egypt Artillery Systems Market Revenues & Volume, By Gun Turret, 2021 - 2031F |
6.2.3 Egypt Artillery Systems Market Revenues & Volume, By Engine, 2021 - 2031F |
6.2.4 Egypt Artillery Systems Market Revenues & Volume, By Fire Control System, 2021 - 2031F |
6.2.5 Egypt Artillery Systems Market Revenues & Volume, By Ammunition Handling System, 2021 - 2031F |
6.2.6 Egypt Artillery Systems Market Revenues & Volume, By Chassis, 2021 - 2031F |
6.2.7 Egypt Artillery Systems Market Revenues & Volume, By Auxiliary System, 2021 - 2031F |
6.3 Egypt Artillery Systems Market, By Caliber |
6.3.1 Overview and Analysis |
6.3.2 Egypt Artillery Systems Market Revenues & Volume, By Small, 2021 - 2031F |
6.3.3 Egypt Artillery Systems Market Revenues & Volume, By Medium, 2021 - 2031F |
6.3.4 Egypt Artillery Systems Market Revenues & Volume, By Heavy, 2021 - 2031F |
6.4 Egypt Artillery Systems Market, By Range |
6.4.1 Overview and Analysis |
6.4.2 Egypt Artillery Systems Market Revenues & Volume, By Short Range, 2021 - 2031F |
6.4.3 Egypt Artillery Systems Market Revenues & Volume, By Medium Range, 2021 - 2031F |
6.4.4 Egypt Artillery Systems Market Revenues & Volume, By Long Range, 2021 - 2031F |
7 Egypt Artillery Systems Market Import-Export Trade Statistics |
7.1 Egypt Artillery Systems Market Export to Major Countries |
7.2 Egypt Artillery Systems Market Imports from Major Countries |
8 Egypt Artillery Systems Market Key Performance Indicators |
9 Egypt Artillery Systems Market - Opportunity Assessment |
9.1 Egypt Artillery Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Egypt Artillery Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Egypt Artillery Systems Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.4 Egypt Artillery Systems Market Opportunity Assessment, By Range, 2021 & 2031F |
10 Egypt Artillery Systems Market - Competitive Landscape |
10.1 Egypt Artillery Systems Market Revenue Share, By Companies, 2024 |
10.2 Egypt Artillery Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |