1. Market Research
  2. > Aerospace and Defense
  3. > Defense Market Trends
Future of the Jordanian Defense Industry-Market Attractiveness, Competitive Landscape and Forecasts to 2023

Future of the Jordanian Defense Industry-Market Attractiveness, Competitive Landscape and Forecasts to 2023

  • June 2018
  • 86 pages
  • ID: 1934595
  • Format: PDF
  • GlobalData
Up to $563 off Until Jun 10th 2020

Summary

Table of Contents

Search Inside

Future of the Jordanian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023

Summary
On the parameters of volume of heavy weapons available and defense expenditure as a percentage of GDP, Jordan is arguably one of the most militarized nations in the Middle East. Since 1948, the country has been inundated by an influx of refugees from neighboring war-effected Syria, Iraq, and Israel - a situation that has put certain strain on the economy. Jordan was part of the Arab Spring, a movement of political unrest and internal conflict in Middle Eastern nations, whereby a lack of substantive political reforms and economic restructuring by King Abdullah II caused young people to demonstrate.

Jordan’s defense expenditure rose from US$1.6 billion in 2014 to US$2 billion in 2018, at a CAGR of 6.66% due to the country’s 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, which is projected to rise from US$2.1 billion in 2019 to US$2.6 billion by 2023, at a CAGR of 5.60%. Jordan will maintain its budget allocation for capital expenditure at an average of 3.3% over the forecast period, with the US providing military aid.

Due to a lack of domestic production capabilities, Jordan relies heavily on military imports. During the historic period, defense imports comprised aircraft, missiles, and armored vehicles from the Netherlands, Russia, Belgium, the US, the UAE, South Korea, and the UK - all of which were partly financed by the US. However, with the Trump administration is seeking to curtail US military and economic aid to Jordan from US$453.7 million in 2016 to US$353.8 million in 2019, imports could stabilize somewhat over the next five years.

During 2014-2018, defense expenditure averaged US$1.9 billion, and included an average of US$404.8 million in foreign military aid. Jordan’s homeland security expenditure declined from US$1.4 billion in 2014 to US$1.0 billion in 2018, as funds were diverted to curb internal conflicts and control the overspill of refugees. During the historic period, Jordan focused on importing armored vehicles, aircraft, missiles, and artillery, all of which will continue to be primary weapon categories over the forecast period. Efforts to develop its domestic defense industry will present firms with growth opportunities and enhance the country’s market attractiveness.

The report "Future of the Jordanian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023" offers detailed analysis of the Jordanian defense industry with market size forecasts covering the next five years.

In particular, it provides an in-depth analysis of the following -
- The Jordanian defense industry market size and drivers: detailed analysis of the Jordanian defense industry during 2019-2023, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s 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 country’s 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 Jordanian defense industry.

Companies mentioned in this report: KADDB

Scope
- Jordan’s defense expenditure rose from US$1.6 billion in 2014 to US$2 billion in 2018, at a CAGR of 6.66% due to the country’s 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, which is projected to rise from US$2.1 billion in 2019 to US$2.6 billion by 2023, at a CAGR of 5.60%.
- Jordan will maintain its budget allocation for capital expenditure at an average of 3.3% over the forecast period, with the US providing military aid.

Reasons to buy
- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Jordanian 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 Jordanian defense industry covering sections including demand drivers, Key Trends , and latest industry contracts

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
15% Off

($1250)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Global Defense Budget Analysis - Forecast to 2028

  • $ 3995
  • May 2020
  • 329 pages

COVID-19 included Market forecasts by Department, End-Allotment, and by Region. Current Market Overview, Country Analysis, Trends, Opportunity Analysis, and Leading Company Profiles The US Defense budget ...

Global CBRN Defense Industry $ 4950 June 2020


ref:plp2018

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on