ALGERIA DEFENSE MARKET

Algeria Defense Market is estimated to grow at a robust CAGR during the forecast year owing to the growing expenditure on the modernization of armed forces along with the rising geopolitical tension and terrorist threats.

Major Algeria Defense Market Drivers and Emerging Trends

Algeria leads Africa in defense spending with a budget of USD 10 billion and it occupies the sixth position in the global ranking of arms importers. Algeria’s increasing demand for advanced military technologies is shaped by its initiatives for armed forces modernization, addressing security risks linked to Libya terrorist threats, conducting surveillance over gas and oil fields, and striving for regional military dominance in the Sahel.

In addition, the continuous expansion of Algeria defense market size is fostered by regional security threats and the escalating arms competition in North Africa which is exacerbated by its rivalry with Morocco and the rising Tunisia’s military investments. The presence and activities of Al Qaeda in the Islamic Maghreb (AQIM) and the Islamic State are also key factors driving up security and military expenditure.

Algeria’s local defense industry produces light arms, ground transport equipment, explosives, naval vessels, and arms under Russian and Chinese licenses. Due to its relatively small domestic defense industry, Algeria relies heavily on foreign suppliers for the majority of its equipment, with Russia holding about 75% of the total market share owing to a longstanding bilateral defense partnership and Algeria’s rivalry with Morocco, which receives Western-supplied arms. Russia is expected to continue dominating the Algerian market, with China and Germany following closely holding the second and third positions as major suppliers since the year 2014.

Segment Analysis

Based on sectors, Algeria defense market is segmented into military land vehicles, missile defense, fixed-wing aircraft, among others. The highest market share in the Algerian defense sector for 2024 would be held by military fixed-wing aircraft.

Based on sea type, the market segmentation includes battleships, submarines, and others. While based on land type, the market segment includes battle tanks, light armored vehicles, armored personnel carriers, among others. This market segmentation is crucial to ensure protection for the country from land, air, and sea.

This market is also segmented by ammunition type into missiles, rifles, and others. Meanwhile, based on expenditure, this market is segmented into imports and exports.

Leading Market Players

Several prominent players operating in the market include Lockheed Martin Corp, Sukhoi Co, The Algerian Space Agency, Mikoyan, among others.

Segments covered in the Report:

The Algeria Defense Market has been segmented on the basis of armed forces and type. Based on the armed forces, the market is segmented into army, navy, air force. Based on the type, the market is segmented into fixed-wing aircraft, rotorcraft, ground vehicles, naval vessels, c4isr, weapons and ammunition, protection and training equipment, unmanned systems.

Market Segmentation

Algeria Defense Market by Armed Forces

• • Army
  • Navy
  • Air Force

Algeria Defense Market by Type

• • Fixed-wing Aircraft
  • Rotorcraft
  • Ground Vehicles
  • Naval Vessels
  • C4ISR
  • Weapons and Ammunition
  • Protection and Training Equipment
  • Unmanned Systems

Algeria Defense Market Leading players (Option 1: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Lockheed Martin Corp
  • Sukhoi Co
  • The Algerian Space Agency
  • Mikoyan