Summary

Jordan Defense Market - Attractiveness, Competitive Landscape and Forecasts to 2026 report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period.

The Jordanian defense modernization programs have historically been fueled by the need to maintain a robust deterrence capability to dissuade hostile elements and countries from threatening its sovereign territory. The primary driving forces behind this growth can be attributed to the surge in counter terrorist operations being conducted in neighboring countries to control the spread of ISIS and their extremist ideology. In addition, Jordan also participates with US and Global Coalition forces in counter terrorist operations against terrorist groups such as Al Qaeda, ISIS and their regional affiliates.

This report offers detailed analysis of Jordan defense market 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.

Key Highlights

- Surrounded by unstable countries riddled with civil wars and conflicts drives the need for defense modernization initiatives
- Jordan's broad ranging defense modernization programs to address its increasing internal and external security threats from radical terrorist groups will continue to fuel defense budget over the forecast period.
- The Jordanian government has embarked upon ambitious defense modernization program to phase out obselete defense equipment and revamp its armed forces. As a result it in the process of acquiring more sophisticated electronic defense equipment to upgrade its armed fleet.
- Driven by the need to finance Jordan's defense acquisition spending is anticipated to gradually grow from US$51.4 million in 2021 to reach US$51.6 million by 2026.

Who Should Buy

- Defence Startups, Original Equipment Manufacturers (OEMs), Defence Planners, Aerospace and Defence Integrators, Venture Capital Firms, Government Agencies, Head of Marketing, Head of Sales, CEOs and Senior Executives.
- The concerned stakeholders can utilize the report to identify high growth segments and customize their offerings to match the project requirements.
- The Venture Capital Firms can utilize the project details, growth rate, and market size to identify and fund high potential startups.

Scope

In particular, it provides an in-depth analysis of the following -
- Jordan defense budget: detailed analysis of Jordan FY2021 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.
- Regulation: the procurement policy and process is explained. This is coupled with an analysis of Jordanian military doctrine and strategy to provide a comprehensive overview of Jordan's military regulation.
- Security Environment: political alliances and perceived security threats to Jordan are examined; the help to explain trends in spending and modernisation.
- Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Jordanian defense industry.

Reasons to Buy

- Determine prospective investment areas based on a detailed trend analysis of the Jordan defense market over the next five years
- Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the Jordan market and identify the opportunities offered.
- Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others
- Identify the major threats that are driving the Jordan defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channel resources by focusing on the ongoing programs that are being undertaken by the Jordanian government
- Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available