Market Share of Saudi Arabia C4ISR Industry
The Saudi Arabian C4ISR market is consolidated and characterized by a few players who provide various C4ISR systems. Some of the prominent players in the Saudi Arabian C4ISR market are Saudi Arabian Military Industries, General Dynamics IS&T Arabia (General Dynamics Corporation), Lockheed Martin Corporation, Raytheon Technologies Corporation, and L3Harris Technologies Inc. With the growing focus on the localization of the defense industry, the country is expected to invest in the capability enhancement of the local players. This is expected to boost the growth of the local player, Saudi Arabian Military Industries (SAMI).
Moreover, SAMI has enhanced its presence in the C4ISR market by acquiring Advanced Electronics Company in 2021, which is the largest military industry deal ever concluded in Saudi Arabia. On the other hand, foreign players are formulating new strategies to expand their presence in the country and capture new contracts from the armed forces. These market players are actively forming joint ventures and partnerships with local manufacturers to expand their presence in the country. In addition to such plans, investments in R&D for the development of C4ISR systems integrated with technologies like AI and quantum networking are also anticipated to help the companies increase their market share during the forecast period.
Saudi Arabia C4ISR Market Leaders
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Saudi Arabian Military Industries
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General Dynamics IS&T Arabia (General Dynamics Corporation)
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Lockheed Martin Corporation
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Raytheon Technologies Corporation
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L3Harris Technologies Inc.
*Disclaimer: Major Players sorted in no particular order