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Future of the Jordanian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018


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2013-12-29 20:08:37 - New Defense research report from Strategic Defence Intelligence is now available from Fast Market Research

This report is the result of SDI's extensive market and company research covering the Jordanian defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news.

Introduction and Landscape
Why was the report written?
The Future of the Jordanian Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Jordanian defense industry.

Full Report Details at
- www.fastmr.com/prod/756766_future_of_the_jordanian_defense_indus ..

What is the current market landscape and what is changing?
As one of the poorer countries in the Middle East region in terms

of natural resources, Jordan is mired by cross border violence, internal extremism, and hostile neighbors. The country's proximity to troubled nations such as Iraq, Syria, and Palestine, forced it to focus on developing its military capabilities. Consequently, Jordanian military expenditure expected to grow at a rate of 4.83% during the forecast period and invest in acquiring modern weapons and technology. The country's capital expenditure, which currently values US$343.5 million in 2013, is projected to reach US$354.1 million by 2018. During the review period, Jordan focused on importing armored vehicles, aircraft, missiles, and artillery, which are expected to continue to be primary weapon categories over the forecast period. In addition, the kingdom's efforts to develop its domestic defense sector will present ample growth opportunities and enhance its market attractiveness.

What are the key drivers behind recent market changes?
Regional dynamics and foreign military aid are expected to be key factors driving defense expenditure.

What makes this report unique and essential to read?
The Future of the Jordanian Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2018 provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits
The report provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators, and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

The report includes trend analysis of imports and exports, together with their implications and impact on the Jordanian defense industry.

The report covers five forces analysis to identify various power centers in the industry and how these are expected to develop in the future.

The report allows readers to identify possible ways to enter the market, together with detailed descriptions of how existing companies have entered the market, including key contracts, alliances, and strategic initiatives.

The report helps the reader to understand the competitive landscape of the defense industry in Jordan. It provides an overview of key defense companies, both domestic and foreign, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Key Market Issues
Jordan's defense budget is small, reaching its peak of US$1.4 million in 2009, and does not attract many foreign companies. During the review period, an average of 2.5% of the defense budget was allocated for capital expenditure, mainly on defense equipment, and this small amount of the budget does not attract many companies to supply arms to, or invest in, the country. Moreover, the kingdom's dependency over the military aid from the US mandates it to buy weapons from the American based companies only, which may act as deterrent for other manufacturers.

According to the Transparency International (TI), Jordan is classified as a corrupt country and pronounced the kingdom to be becoming worse in defense corruption. Over the forecast period, TI estimated that Jordan will be joining highly corrupt countries in the Middle East regions such as Saudi Arabia, Qatar, Palestine, the UAE and Iran, in which defense corruption is at high levels. Corruption can result in unfair contract awards and has become a major obstacle for foreign companies aiming to supply arms to the kingdom. There is also widespread corruption in the Jordanian Police Force; embezzlement and the mismanagement of the police budget has resulted in only a small portion of the budget being spent on protecting internal security, resulting in an increased internal threat to the country.

Key Highlights

About Strategic Defence Intelligence

Strategic Defence Intelligence provides a stream of continuously updated customer and competitor intelligence, as well as detailed research reports providing an unrivalled source of global information on the latest developments in the defence industry. View more research from Strategic Defence Intelligence at www.fastmr.com/catalog/publishers.aspx?pubid=1040

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

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