Future Prospects & Trends of Jordan Defense Industry Explored by SDI in Its In-Demand Report Available at MarketPublishers.com22 Nov 2017 • by Natalie Aster
LONDON – Between 2013 and 2017, the total defense expenditures in Jordan increased from USD 1.5 billion to USD 2.1 billion, registering an 8.28% CAGR. Healthy market growth is primarily attributed to the precarious security environment in Jordan aggravated by the responsibility of hosting a great number of refugee population. Furthermore, continued attempts to modernise military equipment will likely drive the country’s defense expenditures in the foreseeable future.
At present, the military industry is one of the key employment generators in the public service sector in Jordan. Salaries grabs the biggest share of the country’s total expenditures on defense and security. During 2013-2017, appr. 96.6% of the national defense budget was allocated to revenue expenditure including salaries, operational costs, maintenance and training. The remaining shre was allocated to capital expenditure.
In-demand research report “Future of the Jordan Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022” elaborated by Strategic Defence Intelligence (SDI) presents a detailed assessment of the Jordan defense sector, evaluates the country’s market attractiveness, delves deep into the competitive market landscape and gives vital data on the top players engaged in the national defense industry. This topical research publication comprises updated info on the market value, volume, shares, segmentation, growth rates, etc. Besides, this report touches upon the key factors fueling and restraining growth of the Jordan defense sector as well as points out the emerging growth opportunities and threats. The study comprises Porter’s five force analysis, sheds light on the foreign trade dynamics, traces the most recent industry developments and news, and also offers a comprehensive future outlook up to 2022.
Many other in-demand research reports by this publisher are provided in the SDI online catalogue at MarketPublishers.com.
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