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Jordan Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-27

The Jordan defense budget stands at $1.9 billion in 2022. The market is expected to grow at a CAGR of more than 4% during 2023-2027. The primary driving force behind this growth can be attributed to the surge in counter-terrorist operations being conducted in neighboring countries to control the spread of the Islamic State (IS) and its extremist ideology. In addition, Jordan also participates in counter-terrorist operations with the US and global coalition forces against terrorist groups such as Al Qaeda, IS, and their regional affiliates.

The Jordan defense market report offers a detailed analysis of the Jordan defense market with market size forecasts covering the next five years. It also analyzes factors that influence demand for the industry, key market trends, and challenges faced by industry participants.

Jordan Defense Market Overview

Jordan Defense Market Overview

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What are the market drivers in the Jordan defense industry?

Jordan has taken part in airstrikes against ISIS in Syria and Iraq and against the Houthis in Yemen. In cooperation with the US, many joint counter-terrorist operations have been undertaken. Jordan has provided locations to the US for training and military support to small rebel groups in Syria to combat IS and their ideology. Despite various domestic security concerns, Jordan has provided shelter and aid to over half a million Syrian refugees. Due to conflict in most of its neighboring countries, there has been an overspill of refugees into Jordan.

What are the military doctrines and defense strategies in Jordan?

Due to instability and the presence of terrorist networks in its neighboring countries, Jordan focuses on ensuring that no terrorist elements cross over the border to Jordan from Syria and Iraq. The Jordanian Special Operations Command (JORSOCOM) takes care of primary roles such as reconnaissance, counterterrorism, search and rescue, and the protection of important religious and tourist sites. The Special Forces are also assigned to carry out precision strikes against critical enemy targets even if they are beyond the borders. Moreover, the king is the commander-in-chief of the armed forces, therefore it is the paramount duty of the army to protect the king under all circumstances.

What are the key sectors in the Jordan defense market?

The key sectors in the Jordan defense market are military fixed-wing, military infrastructure and logistics, EOIR systems, missiles and missile defense systems, naval vessels and surface combatants, and military ammunitions.

Military Fixed-Wing

The military fixed-wing sector is the largest sector within Jordan’s defense market. It is sustained by a procurement program within the combat aircraft segment which is the only segment within the military fixed-wing aircraft sector.

Military Infrastructure and Logistics

Military infrastructure and logistics is the second-largest sector within the Jordan defense market. It is also the fastest-growing sector within Jordan’s defense market. The market is sustained by a slew of development programs, especially within the infrastructure construction, central logistics, and facilities management segments. The infrastructure construction segment is the largest segment within the military infrastructure and logistics sector.

EOIR systems

It is the third-largest sector within Jordan’s defense market. Airborne platform EO/IR is the largest segment within the EOIR systems sector.

Jordan Defense Market Analysis by Sector

Jordan Defense Market Analysis by Sector

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Which are the key companies in the Jordan defense market?

Some of the key companies in the Jordan defense market are Jordan Design and Development Bureau, Royal Jordanian Air Force, Paramount Group, Raytheon Technologies Corp, Lockheed Martin, Jadara Equipment and Defense Systems, Almontaser, Lucerne Military and Security, Thales, Aselsan, and General Dynamics.

Market report scope

Market size (2022) $1.9 billion
CAGR (2023-2027)  >4%
Forecast Period 2022-2027
Key sectors Military Fixed Wing, Military Infrastructure and Logistics, EOIR Systems, Missiles and Missile Defense Systems, Naval Vessels and Surface Combatants, and Military Ammunitions
Key companies Jordan Design and Development Bureau, Royal Jordanian Air Force, Paramount Group, Raytheon Technologies Corp, Lockheed Martin, Jadara Equipment and Defense Systems, Almontaser, Lucerne Military and Security, Thales, Aselsan, and General Dynamics

This report provides:

  • Detailed analysis of the Jordan FY2022 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.
  • Procurement policy and process explanation. This is coupled with an analysis of the Jordan military doctrine and strategy to provide a comprehensive overview of Jordan military regulation.
  • Examination of political alliances and perceived security threats to Jordan; there help to explain trends in spending and modernization.
  • Analysis of prevalent trends in the country’s imports and exports over the last five years.
  • Analysis of the competitive landscape of Jordan’s 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 an in-depth understanding of 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 of future opportunities that can be tapped, resulting in revenue expansion.
  • Channel resources by focusing on the ongoing programs that are being undertaken by the Jordan government.
  • Make correct business decisions based on an in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also include information about the key products, alliances, recent contracts awarded, and financial analysis, wherever available.

Key Players

Paramount Group

Raytheon Technologies Corp

Lockheed Martin Corp

Table of Contents

Table of Contents

Executive Summary

Defense Budget Assessment

Budgeting Process

Defense Market Size Historic and Forecast

Drivers Of Defense Expenditure

Analysis Of Defense Budget Allocation

Military Doctrine And Security Environment

Military Doctrine And Strategy

Primary Threat Perception

Political and Strategic Alliances

Geopolitical, Social, and Economic Scenario

Market Entry Strategy and Regulations

Procurement Policy and Process

Market Regulations and Market Entry Route

Key Challenges

Major M&A, Financing and Partnerships

Market Attractiveness and Emerging Opportunities

Market Attractiveness, 2021 26

Top Defense Segments By Value

Import And Export Market Dynamics

Import Market Dynamics

Export Market Dynamics

Defense Platform Acquisitions

Defense Platform Acquisitions By Value

Fleet Size

Competitive Landscape

Defense Companies Operating in Jordan

Main Defense Companies

Appendix

About This Report

About Us

Contact Us

Frequently Asked Questions

The defense budget of Jordan stands at $1.9 billion in 2022.

 

 

 

The defense market in Jordan is expected to grow at a CAGR of more than 4% during 2023-2027.

The key sectors in the Jordan defense market are military fixed-wing, military infrastructure and logistics, EOIR systems, missiles and missile defense systems, naval vessels and surface combatants, and military ammunitions.

Some of the key companies in the Jordan defense market are Jordan Design and Development Bureau, Royal Jordanian Air Force, Paramount Group, Raytheon Technologies Corp, Lockheed Martin, Jadara Equipment and Defense Systems, Almontaser, Lucerne Military and Security, Thales, Aselsan, General Dynamics.

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