Bruneian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023

Market Research HUB has added a new report titled "The Future of the Bruneian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022" to its vast collection of market reports. This report provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

Synopsis

This report offers detailed analysis of the Bruneian defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

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In particular, it provides an in-depth analysis of the following - 
- The Bruneian defense industry market size and drivers: detailed analysis of the Bruneian defense industry during 2019-2023, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the countrys expenditure and modernization patterns
- Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
- Import and Export Dynamics: analysis of prevalent trends in the countrys imports and exports over the last five years
- Market opportunities:list of the top ten defense investment opportunities over the next 5 years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Bruneian defense industry.

Scope

- Bruneis military expenditure stands at US$373.8 million in 2018 and is projected to register a CAGR of 1.89% to reach US$443.2 million by 2023.
- The countrys defense expenditure is primarily driven by territorial disputes in the South China Sea, the military modernization of the Royal Brunei Armed Forces (RBAF) and the threat of terrorism.
- As a percentage of GDP, the countrys defense budget is expected to register an average of 2.6% over the forecast period.
- The average allocation for capital expenditure during the historic period was 32%. Over the forecast period, it is expected to allocate an average of 32.1%.

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Reasons to buy

- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Bruneian defense industry market trends for the coming five years
- The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period
- Profiles of the top domestic and foreign defense manufacturers . This will provide the user with a total competitive landscape of the sector
- A deep qualitative analysis of the Bruneian defense industry covering sections including demand drivers, Key Trends , and latest industry contracts.

Table of Contents

1. Introduction 6
1.1. What is this Report About? 6
1.2. Definitions 6
1.3. Summary Methodology 8
1.4. About Strategic Defence Intelligence 9
2. Executive Summary 10
3. Market Attractiveness and Emerging Opportunities 11
3.1. Current Market Scenario 12
3.1.1. Military Fleet Size 12
3.1.2. Procurement Programs 14
3.1.3. Key Drivers and Challenges 15
3.2. Defense Market Size Historical and Forecast 17
3.2.1. Bruneis defense expenditure is expected to grow at a CAGR of 1.89% over the forecast period 17
3.2.2. Territorial disputes in the South China Sea, military modernization initiatives, and the threat of terrorism are expected to drive defense expenditure over the forecast period 19
3.2.3. Bruneis defense expenditure as a percentage of GDP is expected to decrease marginally over the forecast period 21
3.3. Analysis of Defense Budget Allocation 23
3.3.1. Capital expenditure allocation expected to increase during the forecast period 23
3.3.2. Capital expenditure to increase at a CAGR of 1.92% over the forecast period 25
3.3.3. Per capita defense expenditure is expected to increase during the forecast period 27
3.4. Homeland Security Market Size and Forecast 29
3.4.1. Brunei homeland security market to increase at a CAGR of 2.89% over the forecast period 29
3.4.2. Homeland security expenditure to be driven by human and illicit drug trafficking 31
3.4.3. Brunei faces some level of threat from terrorism 33
3.5. Benchmarking with Key Global Markets 34
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