Jordanian Defense Market 2016: Industry Review, Insights, Demand and Analysis to 2020

Jordanian Defense Market

Strategic Defense Intelligence’sreport – Future of the Jordanian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2020 offers detailed analysis of the industry with Market size forecasts from 2016-2020. This report will also analyze factors that influence demand in the industry, key Market trends, and challenges faced by industry participants.In particular, it provides an in-depth analysis.

Jordan’s defense budget increased marginally from US$1.70 billion in 2011 to US$1.71 billion in 2015, registering a CAGR of 0.27%. The slow growth rate can be attributed to the country’s struggling economy, high unemployment rates, lack of natural resources, and the burden of hosting a large refugee population. However, Jordan’s recent attempts to upgrade its military equipment are expected to drive its defense expenditure over the forecast period, which is projected to rise from US$1.8 billion in 2015 to US$1.9 billion by 2020, at a CAGR of 2.05%. The country is estimated to maintain the budget allocation for capital expenditure at an average of 3.3% over the forecast period

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Key Findings
– During 2011-2015, Jordanian defense expenditure registered a growth rate of 0.27%, increasing from US$1.70 billion in 2011 to US$1.71 billion in 2015

– Military expenditure is anticipated to register a CAGR of 2.05% during 2016-2020, to value US$1.9 billion in 2020

– Over the forecast period, the country’s budget for homeland security is expected to be US$8.8 billion cumulatively

– The key areas of investment are expected to be armored vehicles, patrol boats, and border surveillance equipment

Table Of Content Of Jordanian Defense Market :

1 Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. SDI Terrorism Index
1.5. About Strategic Defense Intelligence

2 Executive Summary

3 Market Attractiveness and Emerging Opportunities
3.1. Defense Market Size Historical and Forecast
3.1.1. Jordanian defense budget expected to increase at a CAGR of 2.05% over the forecast period
3.1.2. Hostility among the neighboring countries and foreign military aid are expected to be key factors driving defense expenditure
3.1.3. Jordanian defense expenditure as a percentage of GDP is expected to average 3% over the forecast period
3.2. Analysis of Defense Budget Allocation
3.2.1. Revenue expenditure expected to continue to take precedence over capital expenditure during the forecast period
3.2.2. Financial Aid from the US contributes a major share of the country’s capital expenditure
3.2.3. Per capita defense expenditure to grow steadily over the forecast period
3.3. Homeland Security Market Size and Forecast
3.3.1. Jordanian homeland security expenditure expected to increase at a CAGR of 5.98%
3.3.2. Internal conflicts and unauthorized activities in refugee camps will be the key factors driving homeland security expenditure
3.3.3. Jordan considered at ‘some risk’ of terrorist attack
3.4. Benchmarking with Key Global Market s

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