| Product Code: ETC6891151 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cyprus continues to rely on imports for close-in weapon systems, with top suppliers in 2024 being Italy, Greece, China, UK, and Metropolitan France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 9.08%, with a notable growth spike of 15.12% in 2024. These statistics suggest a consistent demand for close-in weapon systems in Cyprus, driving the need for strategic partnerships and efficient supply chain management.

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 Cyprus Close-In Weapon Systems Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Close-In Weapon Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Close-In Weapon Systems Market - Industry Life Cycle |
3.4 Cyprus Close-In Weapon Systems Market - Porter's Five Forces |
3.5 Cyprus Close-In Weapon Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Close-In Weapon Systems Market Revenues & Volume Share, By Platform, 2021 & 2031F |
4 Cyprus Close-In Weapon Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget of Cyprus government |
4.2.2 Rising geopolitical tensions in the region |
4.2.3 Technological advancements in close-in weapon systems |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms sales and exports |
4.3.2 Limited domestic manufacturing capabilities for advanced weapon systems |
5 Cyprus Close-In Weapon Systems Market Trends |
6 Cyprus Close-In Weapon Systems Market, By Types |
6.1 Cyprus Close-In Weapon Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Close-In Weapon Systems Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cyprus Close-In Weapon Systems Market Revenues & Volume, By Gun-Based, 2021- 2031F |
6.1.4 Cyprus Close-In Weapon Systems Market Revenues & Volume, By Missile-Based, 2021- 2031F |
6.2 Cyprus Close-In Weapon Systems Market, By Platform |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Close-In Weapon Systems Market Revenues & Volume, By Terrestrial, 2021- 2031F |
6.2.3 Cyprus Close-In Weapon Systems Market Revenues & Volume, By Naval, 2021- 2031F |
7 Cyprus Close-In Weapon Systems Market Import-Export Trade Statistics |
7.1 Cyprus Close-In Weapon Systems Market Export to Major Countries |
7.2 Cyprus Close-In Weapon Systems Market Imports from Major Countries |
8 Cyprus Close-In Weapon Systems Market Key Performance Indicators |
8.1 Number of defense contracts awarded for close-in weapon systems |
8.2 Investment in research and development for weapon systems technology |
8.3 Number of successful weapon system demonstrations and tests |
8.4 Rate of adoption of next-generation close-in weapon systems by the Cyprus military |
9 Cyprus Close-In Weapon Systems Market - Opportunity Assessment |
9.1 Cyprus Close-In Weapon Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Close-In Weapon Systems Market Opportunity Assessment, By Platform, 2021 & 2031F |
10 Cyprus Close-In Weapon Systems Market - Competitive Landscape |
10.1 Cyprus Close-In Weapon Systems Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Close-In Weapon Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here