BROWSE THROUGH OUR TRADE FAIRS IN UAE FOR DEFENSE INDUSTRY

The UAE is among the significant and leading countries in the global defense industry. This is because the country features a comprehensive and high-value armament sector. It comprises various types of businesses, often clustered into conglomerates. They represent the entire value chain. Such include manufacturers, suppliers, distributors, importers, exporters, service providers, et cetera. Various types of companies represent such. These range from independent contractors to SMEs to extensive prominent corporations. This results in a significant defense sector that serves as one of the central armament markets in the world. This is due to the country being a notable importer and contributor to the global industry. For example, the UAE ranked in the 9th position as an international defence importer. This was due to the country procuring defence wares through FMS, DCS and hybrid routes, besides the wares produced within the country. Such importations resulted in generating more than 29 500 000 000 USD. Additionally, the UAE features high military expenditures as a percentage of its gross domestic product (GDP). In recent years, this percentage has reached 5.6% of the GDP. This is because of the estimated military budget of the sector. For example, in recent years, it has reached a value between 15 300 000 000 and 23 200 000 000 USD. It is similarly expected to develop at a CAGR of over 3% in the upcoming years. This is partially due to the sector’s focus on innovations and improving capabilities. This includes focusing on advanced defensive technologies. Often, the segment displays its latest innovations during annual and biannual trade expositions. Such events take place in diverse cities of the country, such as Abu Dhabi and Dubai. They attract tens to hundreds of thousands of attendants.