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Future of the Omani Defense Industry-Market Attractiveness, Competitive Landscape and Forecasts to 2024

Future of the Omani Defense Industry-Market Attractiveness, Competitive Landscape and Forecasts to 2024

Publishing Date : Mar, 2019

License Type :
 

Report Code : 1475045

No of Pages : 102

Synopsis
Future of the Omani Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024

Summary

"Future of the Omani Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024", published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

This report offers detailed analysis of the Omani defense 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 -
- The Omani defense industry market size and drivers: detailed analysis of the Omani defense industry during 2020-2024, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s expenditure 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 defense market participants within the country
- Porter’s Five Force analysis of the Omani defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, 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 five defense investment opportunities over the next 10 years
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Omani defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

Scope

- Omani military expenditure is US$9 billion in 2019, and registered a CAGR of -2.39% during 2015-2019. The defense spending in the Middle East has declined over the past year, despite a string of ongoing conflicts across the region, including in Syria, Iraq, Yemen and Libya. The decline in the defense budget during the historical period is primarily due to the country’s heavy reliance on oil and gas revenues to fund its expensive defense modernization programs.
- During 2015-2019, an average of 40.1% of the country’s total defense budget was allocated to capital expenditure, while an average of 59.9% was reserved for revenue expenditure. An increase in capital expenditure during the forecast period is primarily due to the country’s procurement plans for multirole aircraft, missile defense systems, armored vehicles, and military rotorcraft.
- The MoD is expected to invest in Land-based physical security of critical infrastructure, land based C4ISR and infrastructure construction.

Reasons to buy

- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Omani defense industry market trends for the coming five years
- 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 expected investment pattern by the country 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 Omani defense industry covering sections including demand drivers, Porter’s Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts.

Companies Mentioned
BAE Systems
Lockheed Martin
NHIndustries (NHI)
Raytheon
FNSS Defense Systems
Bell

Geographical Area
Oman
Index
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. Primary Threat Perception
3.1.2. Military Doctrine and Strategy
3.1.3. Equipment Acquisition
3.1.4. Procurement Programs
3.1.5. Social, Political and Economic Environment and Support for Defense Projects
3.1.6. Political and Strategic Alliances
3.2. Defense Market Size Historical and Forecast
3.2.1. Defense Expenditure Expected to Grow at a CAGR of 0.56% during 2020-2024
3.2.2. Arms Race in the Middle East Expected to Drive Defense Expenditure over the Forecast Period
3.2.3. Defense Expenditure as a Percentage of GDP is Expected to Increase over the Forecast Period
3.3. Analysis of Defense Budget Allocation
3.3.1. Capital Expenditure Allocation Expected to Increase during the Forecast Period
3.3.2. Omani Defense Capital Expenditure to Value US$3.8 billion in 2024
3.3.3. Per Capita Defense Expenditure Expected to Decline over the Forecast Period
3.4. Homeland Security Market Size and Forecast
3.4.1. Maritime Oil Trade Routes Protection will be the Key Factor Driving Homeland Security
3.5. Benchmarking with Key Global Markets
3.5.1. Omani Defense Expenditure Expected to Remain Low Compared to Leading Spenders
3.5.2. The Country’s Defense Budget is Low Compared to Middle Eastern Countries
3.5.3. Oman Tops the Leading Military Spenders in Terms of Defense Expenditure as a Percentage of GDP
3.6. Market Opportunities: Key Trends
3.6.1. Top 10 Defense Sectors by Value (US$ Million) - Projections over 2019-2024
3.6.2. Critical Infrastructure Protection (CIP) - Physical Security
3.6.3. C4ISR - Land-based
3.6.4. Military Infrastructure and Logistics - Infrastructure Construction
4. Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. The Defense Industry Heavily Relies on Imports from Foreign Countries
4.1.2. The US and the UK Were the Key Defense Suppliers to Oman
4.1.3. Aircraft and Ships Dominate Omani Defense Imports
4.2. Export Market Dynamics
4.2.1. Oman’s defense export market is negligible
5. Industry Dynamics
5.1. Five Forces Analysis
5.1.1. Bargaining Power of Supplier: Medium to High
5.1.2. Bargaining Power of Buyer: Medium
5.1.3. Barrier to Entry: Medium
5.1.4. Intensity of Rivalry: Medium to High
5.1.5. Threat of Substitution: Medium to High
6. Market Entry Strategy
6.1. Market Regulation
6.1.1. The Omani government allows 49% FDI in the defense industry
6.1.2. Oman prefers indirect offsets
6.2. Market Entry Route
6.2.1. Budgeting Process
6.2.2. Procurement Policy and Process
6.2.3. Direct selling is the preferred market entry route for foreign OEMs
6.3. Key Challenges
6.3.1. The UK and the US dominate the market, posing challenges to other foreign firms
6.3.2. Lack of industrial capabilities
7. Competitive Landscape and Strategic Insights
7.1. Competitive Landscape Overview
7.1.1. Omani defense sector is dominated by foreign competitors
7.1.2. Oman Market Share Analysis, 2019-2024
7.2. Key Foreign Companies
7.2.1. BAE Systems Plc: Overview
7.2.2. BAE Systems Plc: Products and Services
7.2.3. BAE Systems Plc: Alliances
7.2.4. BAE Systems Plc: Recent Contract Wins
7.2.5. BAE Systems Plc: financial analysis
7.2.6. Lockheed Martin: Overview
7.2.7. Lockheed Martin: Products
7.2.8. Lockheed Martin: Recent Announcements and Strategic Initiatives
7.2.9. Lockheed Martin: Alliances
7.2.10. Lockheed Martin: Recent Contract Wins
7.2.11. Lockheed Martin: Financial Analysis
7.2.12. NHIndustries (NHI): Overview
7.2.13. NHIndustries (NHI): Products and Services
7.2.14. NHIndustries (NHI): Recent Announcements and Strategic Initiatives
7.2.15. NHIndustries (NHI): Recent Contract Wins
7.2.16. Raytheon: Overview
7.2.17. Raytheon: Products
7.2.18. Raytheon: Recent Announcements and Strategic Initiatives
7.2.19. Raytheon: Alliances
7.2.20. Raytheon: Financial Analysis
7.2.21. FNSS Defense Systems Co.: Overview
7.2.22. FNSS Defense Systems Co.: Products
7.2.23. FNSS Defense Systems Co.: Recent Announcements and Strategic Initiatives
7.2.24. FNSS Defense Systems: Alliances
7.2.25. FNSS Defense Systems Co.: Recent Contract Wins
7.2.26. Bell: Overview
7.2.27. Bell: Products and Services
7.2.28. Bell: recent announcements and strategic initiatives
7.2.29. Bell Helicopter Textron, Inc.: alliances
7.2.30. Bell Helicopter Textron, Inc.: recent contract wins
8. Business Environment and Country Risk
8.1. Economic Performance
8.1.1. GDP per Capita
8.1.2. Gross Domestic Product
8.1.3. Exports of Goods and Services (OMR Billion)
8.1.4. Imports of Goods and Services (OMR Billion)
8.1.5. Gross National Disposable Income
8.1.6. OMR per US$ (Period Average)
8.1.7. Market Capitalization of Listed Companies
8.1.8. Market Capitalization of Listed Companies as a Percentage of GDP
8.1.9. Total Government Cash Surplus/Deficit as a Percentage of GDP
8.1.10. Goods Exports as a Percentage of GDP
8.1.11. Goods Imports as a Percentage of GDP
8.1.12. Services Imports as a Percentage of GDP
8.1.13. Services Exports as a Percentage of GDP
8.1.14. Net Foreign Direct Investment
8.1.15. Net Foreign Direct Investment as a Percentage of GDP
8.1.16. Mining, Manufacturing, Utilities Output
9. Appendix
9.1. About GlobalData
9.2. Disclaimer
List of Tables
List of Tables
Table 1: Oman, Army Strength, 2019
Table 2: Oman, Air Force Strength, 2019
Table 3: Oman, Navy Strength, 2019
Table 4: Oman, Ongoing Development and Procurement Programs, 2019
Table 5: Oman, Future Procurement Programs, 2019
Table 6: Oman, Top Defense Procurement Programs by Value (US$ Million), 2019-2024
Table 7: Oman, Defense Expenditure (OMR Billion and US$ Billion), 2015-2024
Table 8: Oman, GDP Growth vs. Defense Expenditure as a Percentage of GDP, 2015-2024
Table 9: Oman, Defense Budget Allocation for Capital and Revenue Expenditure (%), 2015-2024
Table 10: Oman, Defense Capital Expenditure (OMR Billion and US$ Billion), 2015-2024
Table 11: Oman, Defense Expenditure as Per Capita Defense Spend (US$), 2015-2024
Table 12: Benchmarking with Key Markets, 2015-2019 vs. 2020-2024
Table 13: Top Omani Defense Sectors by Value (US$ Million), 2019-2024
Table 14: Competitive Landscape of the Omani Defense Industry
Table 15: Top Defense Suppliers in the Omani Defense Industry by Value (US$ Million), 2019-2024
Table 16: BAE Systems Plc - Products and Services
Table 17: BAE Systems Plc - Alliances
Table 18: BAE Systems Plc - Recent Contract Wins
Table 19: Lockheed Martin - Products
Table 20: Lockheed Martin - Alliances
Table 21: Lockheed Martin - Recent Contract Wins
Table 22: NHIndustries (NHI) - Products and Services
Table 23: Lockheed Martin - Recent Contract Wins
Table 24: Raytheon - Products
Table 25: Raytheon - Alliances
Table 26: Raytheon - Recent Contract Wins
Table 27: FNSS Defense Systems Co. - Products
Table 28: FNSS Defense Systems - Alliances
Table 29: FNSS Defense Systems Co. - Recent Contract Wins
Table 30: Bell - Product Focus
Table 31: Bell Helicopter Textron, Inc. - Alliances
Table 32: Bell Helicopter Textron, Inc. - Recent Contract Wins

List of Figures
List of Figures
Figure 1: Oman, Defense Budget, 2020 and 2024
Figure 2: Oman, Defense Imports/Exports, 2014 and 2018
Figure 3: Oman, Top Four Prospective Procurements/Developments
Figure 4: Oman, National Security Threats
Figure 5: Oman, Partnering Countries for Defense Cooperation and Military Training
Figure 6: Oman, Defense Expenditure (OMR Billion), 2015-2024
Figure 7: Oman, Defense Expenditure (US$ Billion), 2015-2024
Figure 8: Oman, GDP Growth vs. Defense Expenditure as a Percentage of GDP, 2015-2024
Figure 9: Oman, Defense Budget Split Between Capital and Revenue Expenditure (%), 2015-2024
Figure 10: Oman, Defense Capital Expenditure (OMR Billion), 2015-2024
Figure 11: Oman, Defense Capital Expenditure (US$ Billion), 2015-2024
Figure 12: Oman, Per Capita Defense Expenditure (US$), 2015-2024
Figure 13: Benchmarking with Key Markets, 2015-2019 vs. 2020-2024
Figure 14: Benchmarking with World’s Largest Defense Spenders (US$ Billion), 2019 and 2024
Figure 15: Benchmarking with Large Defense Spenders as a Percentage of GDP - 2019
Figure 16: Critical Infrastructure Protection (CIP) - Physical Security Market Size (US$ Million), 2019-2024
Figure 17: C4ISR Land-Based Security Market Size (US$ Million), 2019-2024
Figure 18: Military Infrastructure and Logistics - Infrastructure Construction Market Size (US$ Million), 2019-2024
Figure 19: Top Omani Defense Procurements in Terms of Supplier Relationships
Figure 20: Omani Defense Import Trend, 2014-2018 (TIV values)
Figure 21: Omani Defense Imports by Country (%), 2014-2018
Figure 22: Omani Defense Imports by Weapon Category (%), 2014-2018
Figure 23: Industry Dynamics - Porter’s Five Forces Analysis
Figure 24: Key Challenges in Omani Defense Market
Figure 25: Oman Market Share Analysis, 2019-2024
Figure 26: BAE Systems - Revenue Trend Analysis (GBP Billion), 2013-2017
Figure 27: BAE Systems - Operating Profit Trend Analysis (GBP Billion), 2013-2017
Figure 28: BAE Systems - Net Profit Trend Analysis (GBP billion), 2013-2017
Figure 29: Lockheed Martin - Revenue Trend Analysis (US$ Billion), 2013-2017
Figure 30: Lockheed Martin - Operating Profit Trend Analysis (US$ Billion), 2013-2017
Figure 31: Lockheed Martin - Net Profit Trend Analysis (US$ Billion), 2013-2017
Figure 32: Raytheon - Revenue Trend Analysis (US$ billion), 2013-2017
Figure 33: Raytheon - Operating Profit Trend Analysis (US$ billion), 2013-2017
Figure 34: Raytheon - Net Profit Trend Analysis (US$ billion), 2013-2017
Figure 35: Omani GDP per Capita (US$), 2015-2025
Figure 36: Omani GDP (current US$ Billion), 2015-2025
Figure 37: Omani Exports of Goods and Services (OMR Billion), 2005-2014
Figure 38: Omani Imports of Goods and Services (OMR Billion), 2005-2014
Figure 39: Omani Gross National Disposable Income (US$ Bn), 2005-2013
Figure 40: Oman OMR per US$, 2015-2024
Figure 41: Omani Market Capitalization of Listed Companies (US$ Bn), 2005-2012
Figure 42: Omani Market Capitalization of Listed Companies (% of GDP), 2005-2012
Figure 43: Omani Total Government Cash Surplus/Deficit (% of GDP), 2005-2012
Figure 44: Omani Goods Exports (% of GDP), 2005-2013
Figure 45: Omani Goods Imports (% of GDP), 2005-2013
Figure 46: Omani Services Imports (% of GDP), 2005-2013
Figure 47: Omani Services Exports (% of GDP), 2005-2013
Figure 48: Omani Net Foreign Direct Investment (US$ Billion), 2005-2013
Figure 49: Omani Net Foreign Direct Investment (% of GDP), 2005-2012
Figure 50: Mining, Manufacturing, Utilities Output (OMR Billion), 2005-2014

Published By : GlobalData

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