Jordanian Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2024

Table of Contents

1. Introduction

• 1.1. What is this Report About?
• 1.2. Definitions
• 1.3. Summary Methodology
• 1.4. About GlobalData

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

• 3.1. Current Market Scenario
  • 3.1.1. Procurement Programs
  • 3.1.2. Key Drivers and Challenges
• 3.2. Defense Market Size - Historical and Forecast
  • 3.2.1. Jordanian defense budget, excluding US aid, will increase at a CAGR of 4.28% over the forecast period
  • 3.2.2. Jordanian aggregate defense expenditure - inclusive of US military aid - will post a forecast-period CAGR of 6.57%
  • 3.2.3. Hostility in neighboring countries and foreign military aid to drive defense expenditure
  • 3.2.4. Jordanian defense expenditure as a percentage of GDP to average 3.6% over the forecast period
• 3.3. Analysis of Defense Budget Allocation
  • 3.3.1. Revenue expenditure to continue to take precedence over capital expenditure
  • 3.3.2. Financial Aid from the US contributes a major share of the country’s capital expenditure
  • 3.3.3. The country’s capital expenditure excluding US aid to post a CAGR of 2.42% over the forecast period
  • 3.3.4. Per capita defense expenditure to grow over the forecast period
• 3.4. Homeland Security Market Size and Forecast
  • 3.4.1. Homeland security expenditure to post a forecast-period CAGR of 2.64%
  • 3.4.2. Political turmoil and unauthorized activities in refugee camps will be the key factors driving HLS expenditure
• 3.5. Benchmarking with Key Global Markets
  • 3.5.1. Jordan ranks among the lowest defense spending countries in the world
  • 3.5.2. Jordan’s defense spending will remain minimal when compared to regional peer Saudi Arabia
  • 3.5.3. Jordan allocate a lower percentage of GDP to defense than its regional peers
• 3.6. Market Opportunities: Key Trends and Growth Simulators
  • 3.6.1. Top 10 defense market sectors by value, 2019-2024

4. Defense Procurement Market Dynamics

• 4.1. Import Market Dynamics
  • 4.1.1. The majority of Jordan’s military equipment is acquired through foreign imports
  • 4.1.2. The Netherlands, the US, and Belgium were the dominant suppliers of defense equipment to Jordan
  • 4.1.3. Aircraft, armored vehicles, and air defense systems dominated Jordan’s defense imports
• 4.2. Export Market Dynamics
  • 4.2.1. Defense exports expected to grow over the forecast period
  • 4.2.2. Pakistan and the US accounted for the largest shares of Jordanian defense exports
  • 4.2.3. Defense exports include aircraft, armored vehicles, and artillery

5. Market Entry Strategy

• 5.1. Market Regulation
  • 5.1.1. The government allows FDI in the defense industry with stipulations
  • 5.1.2. Jordan does not impose any offset obligations
• 5.2. Market Entry Route
  • 5.2.1. Budgeting Process
  • 5.2.2. Procurement Policy and Process
  • 5.2.3. Government-to-government deals are the preferred market entry route for foreign OEMs
  • 5.2.4. Joint ventures and technology transfer form attractive entry routes for foreign manufacturers

6. Competitive Landscape and Strategic Insights

• 6.1. Competitive Landscape Overview

7. Business Environment and Country Risk

• 7.1. Economic Performance
  • 7.1.1. GDP per capita
  • 7.1.2. Gross domestic product
  • 7.1.3. Export of goods and services (LCU Billion)
  • 7.1.4. Import of goods and services
  • 7.1.5. Gross national disposable income
  • 7.1.6. LCU per US$ (period average)
  • 7.1.7. Market capitalization of listed companies
  • 7.1.8. Market capitalization of listed companies as a percentage of GDP
  • 7.1.9. Total government cash surplus/deficit as a percentage of GDP
  • 7.1.10. Goods exports as a percentage of GDP
  • 7.1.11. Goods Imports as a percentage of GDP
  • 7.1.12. Services Imports as a percentage of GDP
  • 7.1.13. Services exports as a percentage of GDP
  • 7.1.14. Mining, manufacturing, and utilities output

8. Appendix

• 8.1. About GlobalData