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Future of the Bruneian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2020

Future of the Bruneian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2020

Summary

The Future of the Bruneian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2020 published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast Bruneian defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

Key Findings

Over the historic period, defense expenditure registered growth of 0.81%, increasing from US$405.1 million in 2011 to US$418.4 million in 2015

Military expenditure, valued at US$420.7million in 2016, is expected to increase to US$439.9million by 2020, registering a CAGR of 1.13% over the forecast period

The country’s military expenditure was affected by the dropping revenues attributed to the falling oil prices. However, it is expected to be driven by the country’s modernization initiatives, international terrorism, and border disputes

The Defense Ministry is expected to procure C-130J Super Hercules military transport aircraft, C-950 Special Operation boats, and CN235-220 fixed wing maritime patrol aircraft

Synopsis

This report offers detailed analysis of industry 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. In particular, it provides an in-depth analysis of the following:

Defense industry market size and drivers: detailed analysis of the Bruneian defense industry during 2016–2020, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s spending patterns and modernization patterns

Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to capital expenditure and revenue expenditure. It also details the key challenges faced by the defense market participants within the country

Porter’s Five Force analysis of industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitutions, intensity of rivalry, and barriers to entry

Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years

Market opportunities: details of the top four defense investment opportunities over the period 2015-2025

Competitive landscape and strategic insights: analysis of the competitive landscape of industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis

Reasons To Buy

This report will give the user confidence to make the correct business decisions based on a detailed analysis of Brunei’s defense industry market trends for the period 2016-2020

The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the country’s expected investment pattern during the forecast period

Detailed profiles of the top domestic and foreign defense manufacturers with information about their products, alliances, recent contract wins, and financial analysis wherever available. This will provide the user with a total competitive landscape of the sector

A deep qualitative analysis of the industry, covering sections including demand drivers, Porter’s Five Force Analysis, Key Trends and Growth Stimulators, and latest industry contracts"


1. Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. SDI Research Terrorism Index
1.5. About Strategic Defence Intelligence
2. Executive Summary
2.1. Market Attractiveness and Emerging Opportunities
3. Defense Market Size Historical and Forecast
3.1.1. Brunei’s defense expenditure is expected to increase at a CAGR of 1.13% during the forecast period . 13
3.1.2. Modernization initiatives and border disputes are expected to drive defense expenditure
3.1.3. Military expenditure as a percentage of GDP is expected to increase during the forecast period
3.2. Analysis of Defense Budget Allocation
3.2.1. The share of capital expenditure in the overall defense budget is expected to increase during the forecast period
3.2.2. Capital expenditure budget expected to grow during the forecast period
3.2.3. Bruneian revenue expenditure expected to record a CAGR of 0.10% during the forecast period
3.2.4. Per capita defense expenditure forecast to grow over the forecast period
3.3. Homeland Security Market Size and Forecast
3.3.1. Homeland security (HLS) expenditure is expected to grow moderately over the forecast period
3.3.2. HLS expenditure to be driven by the country’s efforts to counter human trafficking, cyber threats, money laundering, and terrorism financing
3.3.3. Brunei faces some level of threat from foreign terrorist organizations
3.4. Benchmarking with Key Global Markets
3.4.1. Brunei’s defense expenditure is expected to remain low during the forecast period
3.4.2. Brunei’s military expenditure is expected to remain low compared to other leading spenders
3.4.3. Brunei’s defense expenditure as a percentage of GDP is higher than some of the leading defense spenders
3.4.4. Brunei has a high per capita defense expenditure
3.4.5. Brunei faces a low level threat from foreign terrorist organizations
3.5. Market Opportunities: Key Trends and Growth Stimulators
3.5.1. Military transport aircraft expected to create new market opportunities
3.5.2. S-70i helicopter program will provide business opportunities
3.5.3. Demand for fixed wing maritime patrol aircraft is expected to increase
3.5.4. Demand for C-950 special operation boats to increase
4. Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Defense imports expected to increase during the forecast period
4.1.2. Germany dominated Brunei’s defense imports during the historic period
4.1.3. Ships were the major defense imports during the historic period
4.2. Export Market Dynamics
4.2.1. Brunei does not export military equipment due to a lack of domestic manufacturing capacity
5. Industry Dynamics
5.1. Five Forces Analysis
5.1.1. Bargaining power of supplier: low
5.1.2. Bargaining power of buyer: low to medium
5.1.3. Barrier to entry: high
5.1.4. Intensity of rivalry: low to medium
5.1.5. Threat of substitution: low
6. Market Entry Strategy
6.1. Market Regulation
6.1.1. Brunei has not disclosed any offset obligations imposed by the country
6.1.2. FDI in the defense sector is controlled entirely by the government
6.2. Market Entry Route
6.2.1. The biennial defense exhibition provides an attractive entry route
6.2.2. Historical evidence points to direct commercial sales being the preferred entry route
6.3. Key Challenges
6.3.1. A relatively small defense budget fails to attract investors and suppliers
6.3.2. Lack of transparency in the bidding process makes foreign companies wary of investing
6.3.3. Lack of skilled labor
7. Competitive Landscape and Strategic Insights
7.1. Competitive Landscape Overview
7.2. Key Private Sector Companies
7.2.1. Royal Brunei Technical Services: overview
7.2.2. Royal Brunei Technical Services: services
7.2.3. Royal Brunei Technical Services: recent announcements and strategic initiatives
7.2.4. Royal Brunei Technical Services: alliances
7.2.5. Royal Brunei Technical Services: recent contract wins
8. Business Environment and Country Risk
8.1. Demographics & Social Statistics
8.1.1. Urban Population
8.1.2. Number of Households
8.2. Economic Performance
8.2.1. GDP Per Capita
8.2.2. GDP, Current Prices
8.2.3. Consumer Price Index
8.2.4. Local Currency Unit per USD
8.2.5. Real Interest Rate
8.2.6. Goods Exports as % of GDP
8.2.7. Goods Imports as % of GDP
8.2.8. Goods Trade Surplus/Deficit as % of GDP
8.2.9. Service Imports as % of GDP
8.2.10. Service Exports as % of GDP
8.2.11. Service Trade Surplus/Deficit as % of GDP
8.2.12. Foreign Direct Investments
8.2.13. Net Foreign Direct Investments as % of GDP
8.2.14. International reserves, including gold
8.3. Energy and Utilities
8.3.1. Conventional Thermal Electricity Net Generation (Billion kWh)
8.3.2. Conventional Thermal Electricity Installed Capacity (Billion kW)
8.3.3. Petroleum Consumption
8.4. Infrastructure
8.4.1. Air Transport, Freight (million ton-km)
8.4.2. Roads, total network (km)
8.5. Minerals
8.5.1. Mining, Manufacturing, Utilities Output
8.6. Telecommunication
8.6.1. Telephone lines
8.6.2. Mobile Cellular Subscriptions
9. Appendix
9.1. About SDI
9.2. Disclaimer
List of Tables
Table 1: Bruneian Defense Expenditure (US$ Million), 2011–2015
Table 2: Bruneian Defense Expenditure (US$ Million), 2016–2020
Table 3: Bruneian Defense Expenditure (BND Million), 2011–2015
Table 4: Bruneian Defense Expenditure (BND Million), 2016–2020
Table 5: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2011–2015
Table 6: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2016–2020
Table 7: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2011–2015
Table 8: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2016–2020
Table 9: Bruneian Defense Budget Split Between Capital and Revenue Expenditure (%), 2011–2015
Table 10: Bruneian Defense Budget Split Between Capital and Revenue Expenditure (%), 2016–2020
Table 11: Bruneian Defense Capital Expenditure (US$ Million), 2011–2015
Table 12: Bruneian Defense Capital Expenditure(US$ Million), 2016–2020
Table 13: Bruneian Defense Capital Expenditure (BND Million), 2011–2015
Table 14: Bruneian Defense Capital Expenditure (BND Million), 2016–2020
Table 15: Bruneian Defense Revenue Expenditure (US$ Million), 2011–2015
Table 16: Bruneian Defense Revenue Expenditure(US$ Million), 2016–2020
Table 17: Bruneian Defense Revenue Expenditure (BND Million), 2011–2015
Table 18: Bruneian Defense Revenue Expenditure (BND Million), 2016–2020
Table 19: Bruneian Per Capita Defense Expenditure (US$), 2011–2015
Table 20: Bruneian Per Capita Defense Expenditure (US$), 2016–2020
Table 21: Benchmarking with Key Markets – 2011–2015 vs. 2016–2020
Table 22: SDI Terrorism Index
Table 23: Royal Brunei Technical Services – Product Focus
Table 24: Royal Brunei Technical Services – Alliances
Table 25: Royal Brunei Technical Services: - Recent Contract Wins
List of Figures
Figure 1: Bruneian Defense Expenditure (US$ Million), 2011–2015
Figure 2: Bruneian Defense Expenditure (US$ Million), 2016–2020
Figure 3: Bruneian Defense Expenditure (BND Million), 2011–2015
Figure 4: Bruneian Defense Expenditure (BND Million), 2016–2020
Figure 5: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as
Figure 6: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as
Figure 7: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as
Figure 8: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as
Figure 9:BruneianDefense Budget Split Between Capital and Revenue Expenditure (%), 2011–2015
Figure 10: Bruneian Defense Budget Split Between Capital and Revenue Expenditure (%),
Figure 11: Bruneian Defense Capital Expenditure (US$ Million), 2011–2015
Figure 12: Bruneian Defense Capital Expenditure (US$ Million), 2016–2020
Figure 13: Bruneian Defense Capital Expenditure (BND Million), 2011–2015
Figure 14: Bruneian Defense Capital Expenditure (BND Million), 2016–2020
Figure 15: Bruneian Defense Revenue Expenditure (US$ Million), 2011–2015
Figure 16: Bruneian Defense Revenue Expenditure (US$ Million), 2016–2020
Figure 17: Bruneian Defense Revenue Expenditure (BND Million), 2011–2015
Figure 18: Bruneian Defense Revenue Expenditure (BND Million), 2016–2020
Figure 19: Bruneian Per Capita Defense Expenditure (US$), 2011–2015
Figure 20: Bruneian Per Capita Defense Expenditure (US$), 2016–2020
Figure 21: SDI Terrorism Heat Map, 2015
Figure 22: SDI Terrorism Index, 2015
Figure 23: Benchmarking with Key Markets – 2011–2015 vs. 2016–2020
Figure 24: Defense Expenditure of the World’s Largest Military Spenders (US$ Billion), 2015 and 2020
Figure 25: Defense Expenditure as Percentage of GDP of Largest Military Spenders (%), 2015
Figure 26: Per-capita Defense Expenditure of the Largest Military Spenders in the World (US$), 2015
Figure 27: Brunei Defense Imports Trend, 2011–2015
Figure 28: Brunei Defense Imports by Country (%), 2010–2014
Figure 29: Brunei’s Defense Imports by Category (%), 2010–2014
Figure 30: Industry Dynamics Porter’s Five Forces Analysis
Figure 31: Bruneian Urban Population (In Millions), 2014–2023
Figure 32: Bruneian Number of Households – (In Millions), 2008–2017
Figure 33: Bruneian GDP Per Capita, 2013–2022
Figure 34: Bruneian GDP Per Capita, 2013–2022
Figure 35: Bruneian Consumer Price Index, 2014–2023
Figure 36: Bruneian LCU per USD, 2014–2023
Figure 37: Bruneian Real Interest Rate (%), 2002–2011
Figure 38: Bruneian Good Exports as (% of GDP), 2001–2009
Figure 39: Bruneian Good Imports as (% of GDP), 2001–2009
Figure 40: Bruneian Goods Balance (% GDP), 2001–2009
Figure 41: Bruneian Service Imports (% GDP), 2001–2009
Figure 42: Bruneian Service Exports (% GDP), 2001–2009
Figure 43: Bruneian Service Trade Surplus/Deficit (% GDP), 2001–2009
Figure 44: Bruneian Foreign Direct Investments (BoP, current US$ billion), 2002–2009
Figure 45: Bruneian Net Foreign Direct Investments (% GDP), 2001–2009
Figure 46: Bruneian International Reserves, including gold (US$ billion), 2002–2011
Figure 47: Bruneian Conventional Thermal Electricity Net Generation (Billion Kilowatt Hours), 2002–2011
Figure 48: Bruneian Conventional Thermal Electricity Installed Capacity (Million Kilowatts), 2001–2010
Figure 49: Bruneian Petroleum Consumption (Thousand Barrels Per Day), 2003–2012
Figure 50: Bruneian Air Transport, Freight(million ton-kilometers), 2001–2011
Figure 51: Bruneian Roads total network(kilometers), 2004–2010
Figure 52: Bruneian Mining, Manufacturing, Utilities Output (US$ billion), 2002–2011
Figure 53: Bruneian Telephone lines Penetration Rate (per 100 people), 2003–2012
Figure 54: Bruneian Mobile Cellular Subscriptions (In millions), 2002–2011

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