Future of the Jordan Defense Industry Share, Growth, Revenue, Trends and Forecast 2017 - 2022

To Understand the Jordan Defense Industry Status worldwide, Market Research Hub (MRH) has included the latest Forecast report titled “Future of the Jordan Defense Industry”, to its vast database. This study offers data about the prime regions operating in the Defense and Security sector, along with their production, consumption, revenue and market share details. Further, the intelligent report also anticipates that the market would grow at a constructive CAGR until 2022.

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Synopsis

This report offers detailed analysis of the Jordan 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.

In particular, it provides an in-depth analysis of the following -
- The Jordan defense industry market size and drivers: detailed analysis of the Jordan defense industry during 2018-2022, 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
- Porters Five Force analysis of the Jordan defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry

- Import and Export Dynamics: analysis of prevalent trends in the countrys imports and exports over the last five years
- Market opportunities: details of the top five defense investment opportunities over the next 10 years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Jordan defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

Scope

- Jordans defense expenditure rose from US$1.5 billion in 2013 to US$2.1 billion in 2017, at a CAGR of 8.28% due to the countrys precarious security environment aggravated by the responsibility of hosting a large refugee population. Attempts to modernize its military equipment will therefore drive its defense expenditure over the forecast period.
- In Jordan, the military is one of the largest employment generators in the public service sector. Salaries account for a higher percentage of the countrys total expenditure on defense and security. During the historic period, 96.6% of the defense budget was allocated to revenue expenditure including salaries, logistics, operational costs, training, and maintenance. The remaining 3.4% was allocated to capital expenditure. Over the forecast period, the government will maintain its current allocation to capital expenditure, averaging 3.3% of the total defense budget.
- The MoD is expected to invest in border security systems & equipment, armored vehicles, and patrol boats among others.

Reasons to buy

- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Jordan 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
- Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins, and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector
- A deep qualitative analysis of the Jordan defense industry covering sections including demand drivers, Porters Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts

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Table of Contents

1. Introduction 7
1.1. What is this Report About? 7
1.2. Definitions 7
1.3. Summary Methodology 10
1.4. About Strategic Defence Intelligence 12
2. Executive Summary 13
3. Market Attractiveness and Emerging Opportunities 15
3.1. Current Market Scenario 16
3.1.1. Primary threat perception 16
3.1.2. Military doctrine and strategy 17
3.1.3. Military Fleet Size 19

3.1.4. Procurement Programs 23
3.1.5. Social, political, and economic environment and support for defense projects 24
3.1.6. Political and strategic alliances 24
3.2. Defense Market Size - Historical and Forecast 26
3.2.1. Jordanian defense budget to post a CAGR of 6.31% over the forecast period 26

3.2.2. Jordanian aggregate defense expenditure - inclusive of US military aid - will post a forecast-period CAGR of 5.30% 28
3.2.3. Hostility among neighboring countries and foreign military aid to drive defense expenditure 31
3.2.4. Jordanian defense expenditure as a percentage of GDP to average 4.2% over the forecast period 32
3.3. Analysis of Defense Budget Allocation 34

3.3.1. Revenue expenditure to continue to take precedence over capital expenditure 34
3.3.2. Financial Aid from the US contributes a major share of the countrys capital expenditure 36
3.3.3. The countrys capital budget allocations else remain low 37
3.3.4. Per capita defense expenditure to grow steadily over the forecast period 39
3.4. Homeland Security Market Size and Forecast 40
3.4.1. Homeland security expenditure to post a forecast-period CAGR of 2.87% 40
3.4.2. Internal conflicts and unauthorized activities in refugee camps will be the key factors driving HLS expenditure 42
3.4.3. Jordan considered at moderate risk of terrorism 43
3.4.4. Jordan faces a moderate level of threat from terrorist organizations 44
3.4.5. Jordan has a terrorism index score of 2.9 46
3.5. Benchmarking with Key Global Markets 47

3.5.1. Jordan ranks among the lowest defense spending countries in the world 47
3.5.2. Jordan defense spending will remain minimal when compared to top regional spenders Saudi Arabia, UAE, Qatar and Kuwait 49
3.5.3. Jordan ranks low in terms of defense expenditure as a percentage of GDP 50
3.6. Market Opportunities: Key Trends and Drivers 51
3.6.1. Demand for border security systems expected to rise 51
3.6.2. Demand for armored vehicles likely to surge over the forecast period 52
3.6.3. Procurement of patrol boats expected to increase 52
4. Defense Procurement Market Dynamics 53
4.1. Import Market Dynamics 53
4.1.1. The majority of Jordans military equipment is generated through foreign imports 53
4.1.2. The Netherlands, the US, and Belgium were the dominant suppliers of defense equipment to Jordan 54
4.1.3. Aircraft and missiles dominated Jordanian defense imports 55
4.2. Export Market Dynamics 56
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