Future of the Bruneian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018

Publisher Name :
Date: 27-Jul-2013
No. of pages: 77
Inquire Before Buying
Offers on Market Research Reports at RnRMarketResearch.com

Synopsis

This report is the result of SDI's extensive market and company research covering the Bruneian defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news.

Introduction and Landscape

Why was the report written?

The Future of the Bruneian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain a market share in the Bruneian defense industry.

What is the current market landscape and what is changing?

Bruneian defense expenditure registered a CAGR of 10.3% during the review period and values US$0.5 billion in 2013. The focus of the Bruneian government will be on modernization initiatives, border disputes, and the prevention of international terrorism.

What are the key drivers behind recent market changes?

Modernization initiatives, border disputes, and the prevention of international terrorism.

What makes this report unique and essential to read?

The Future of the Bruneian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits


  • The report provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators, and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

  • The report includes trend analysis of imports and exports, together with their implications and impact on the Bruneian defense industry.

  • The report covers five forces analysis to identify various power centers in the industry and how these are expected to develop in the future.

  • The report allows readers to identify possible ways to enter the market, together with detailed descriptions of how existing companies have entered the market, including key contracts, alliances, and strategic initiatives.

  • The report helps the reader to understand the competitive landscape of the defense industry in Brunei. It provides an overview of key defense companies, both domestic and foreign, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.


Key Market Issues

  • Brunei's defense budget is small compared to large defense spenders and even its neighboring countries. With US$0.5 billion set aside for its 2013 defense budget and projected figures of US$0.6 billion for 2018, the country will find it hard to convince investors and suppliers to treat Brunei as a preferred destination for investment. Moreover, the moderate security threat to the nation and a relatively small population do not warrant large capital or revenue defense expenditure. Consequently, the purchase of military equipment and hi-tech arms and ammunition gets affected.]

  • [Brunei's foreign investment policies are unclear, in particular, the limits on foreign equity participation and the sectors in which investment is restricted. In addition, military procurement is a closed process with no clear cut criteria to be met in order to secure an order. This creates uncertainty among investors and poses a serious challenge to foreign direct investment in the sector.]

  • [The Brunei defense industry is mainly managed by RBTS which is a semi-government-owned firm and the participation from other domestic private companies is negligible. Therefore, the majority of its military equipment is purchased through import channels. Due to the lack of manufacturing capabilities, the nation has no export contracts. Furthermore, the country is still in its nascent stage and is expected to explore better procurement opportunities and to prioritize other major areas in order to enhance the country's defense capabilities.


Key Highlights

  • The country hosts the Brunei International Defense Exhibition (BRIDEX) biennially. Beginning in 2007, the event provided a platform for global defense equipment manufacturers to showcase their products and strengthen their defense capabilities. In the 2011 event, 166 companies representing 31 countries participated. Exhibitors included Bell Helicopter, BAE Systems, EADS, General Dynamics, Harris Corporation, Northrop Gruman, Raytheon Company, SAAB AB and others. The next BRIDEX event is scheduled to take place on 3-7 December 2013. With the country embarking on a defense modernization plan, foreign OEMs have an opportunity to enter Brunei's defense market. Supply opportunities include airborne coastal surveillance, early warning radars for the air force, support helicopters, infantry fighting vehicles, larger patrol vessels for maritime security, and a ground based air defense system.

  • As a consequence of low levels of defense expenditure in the past and demand to modernize its armed forces, Brunei has procured arms directly from foreign suppliers. For instance, in January 2010, Northrop Grumman Corporation was awarded a contract to provide a joint operations center command and control capability, in February 2011 CAE won a contract to develop a state-of-the-art national modeling and simulation center. Additionally, in May 2013, Harris Corp was awarded a US$40 million contract to supply its Falcon III family of tactical communication systems to the Royal Brunei Armed Forces.

  • [Brunei's arms imports are dominated by Germany mainly due to the purchase of four Corvette and three offshore patrol vessels by the Brunei Naval forces in 2010 and 2011 respectively. During 2008-2012, 81.7% of the country's arms imports were from Germany, 6.4% from France, 4.5% each from Denmark and the Netherlands, and 2.9% from Sweden. Additionally, Brunei imported military trucks from Malaysia and rocket launchers from Singapore during the review period. Brunei is now looking to forge defense procurement deals with other countries such as the US, China, Ukraine and Indonesia. The country has also shown interest in purchasing air defense systems and naval equipment from Russia.

Future of the Bruneian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018

Table Of Contents

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 (www.strategicdefenceintelligence.com)

2 Executive Summary

3 Market Attractiveness and Emerging Opportunities
3.1. Defense Market Size Historical and Forecast
3.1.1. Brunei's defense expenditure expected to marginally increase at a CAGR of 6.8% during the forecast period
3.1.2. Modernization initiatives, international terrorism, and border disputes are expected to drive defense spending
3.1.3. Military spending 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 marginally during the forecast period
3.2.2. Capital expenditure budget expected to grow during the forecast period
3.2.3. Government to spend US$0.3 billion on revenue expenditure during the forecast period
3.3. Homeland Security Market Size and Forecast
3.3.1. Homeland security (HLS) expenditure 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 a moderate 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 defense expenditure as percentage of GDP higher than some of the leading defense spenders
3.4.3. Brunei has a high per capita defense expenditure
3.4.4. Brunei faces a low level of threat from foreign terrorist organizations
3.5. Market Opportunities: Key Trends and Growth Stimulators
3.5.1. S-70i helicopter program will provide business opportunities
3.5.2. Increasing demand to enhance maritime security
3.5.3. Demand for equipment to enhance land force capabilities is expected 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 review period
4.1.3. Ships were the major defense imports during the review 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: 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 manufacturing capabilities, increases the import contracts

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 and 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. Lending Rate
8.2.6. Real Interest Rate
8.2.7. Goods Exports as % of GDP
8.2.8. Goods Imports as % of GDP
8.2.9. Goods Trade Surplus/Deficit as % of GDP
8.2.10. Service Imports as % of GDP
8.2.11. Service Exports as % of GDP
8.2.12. Service Trade Surplus/Deficit as % of GDP
8.2.13. Foreign Direct Investments
8.2.14. Net Foreign Direct Investments as % of GDP
8.2.15. International reserves, including gold
8.3. Energy and Utilities
8.3.1. Conventional Thermal Electricity Net Generation (Billion Kilowatt Hours)
8.3.2. Conventional Thermal Electricity Installed Capacity (Billion Kilowatt Hours)
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

List Of Tables

Table 1: Bruneian Defense Expenditure, 2009-2013
Table 2: Bruneian Defense Expenditure, 2014-2018
Table 3: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2009-2013
Table 4: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as
Table 5: Bruneian Defense Budget Split Between Capital and Revenue Expenditure (%), 2009-2013
Table 6: Bruneian Defense Budget Split Between Capital and Revenue Expenditure (%),  2014-2018
Table 7: Brunei's Defense Capital Expenditure (US$ billion), 2009-2013
Table 8: Brunei's Defense Capital Expenditure (US$ billion), 2014-2018
Table 9: Brunei's Defense Budget Allocation for Revenue Expenditure (US$ billion), 2009-2013
Table 10: Brunei's Defense Budget Allocation for Revenue Expenditure(US$ billion), 2014-2018
Table 11: Benchmarking with Key Markets - 2009-2013 vs. 2014-2018
Table 12: SDI Terrorism Index
Table 13: Royal Brunei Technical Services - Product Focus
Table 14: Royal Brunei Technical Services - Alliances
Table 15: Royal Brunei Technical Services: - Recent Contract Wins

List Of Figures

Figure 1: Bruneian Defense Expenditure, 2009-2013
Figure 2: Bruneian Defense Expenditure, 2014-2018
Figure 3: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2009-2013
Figure 4: Bruneian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as  Percentage of GDP Growth, 2014-2018
Figure 5:  Bruneian Defense Budget Split Between Capital and Revenue Expenditure
Figure 6: Bruneian Defense Budget Split Between Capital and Revenue Expenditure
Figure 7: Brunei's Defense Capital Expenditure (US$ billion), 2009-2013
Figure 8: Brunei's Defense Capital Expenditure (US$ billion), 2014-2018
Figure 9: Brunei's Defense Budget Allocation for Revenue Expenditure (US$ billion),2008-2012
Figure 10: Brunei's Defense Budget Allocation for Revenue Expenditure (US$ billion),  2014-2018
Figure 11: SDI Terrorism Heat Map, 2013
Figure 12: SDI Terrorism Index, 2013
Figure 13: Benchmarking with Key Markets - 2009-2013 vs. 2014-2018
Figure 14: Defense Expenditure of the World's Largest Military Spenders (US$ Billion),  2013 and 2018
Figure 15: Defense Expenditure as Percentage of GDP of Largest Military Spenders (%), 2013
Figure 16: Per-capita Defense Expenditure of the Largest Military Spenders in the World (US$), 2013
Figure 17: Brunei Defense Imports Trend, 2008-2012
Figure 18: Brunei Defense Imports by Country (%), 2008-2012
Figure 19: Brunei's Defense Imports by Category (%), 2008-2012
Figure 20: Industry Dynamics Porter's Five Forces Analysis
Figure 21: Bruneian Urban Population (In Millions), 2008-2018
Figure 22: Bruneian Number of Households - (In Millions), 2008-2017
Figure 23: Bruneian GDP Per Capita, 2008-2017
Figure 24: Bruneian GDP Per Capita, 2008-2018
Figure 25: Bruneian Consumer Price Index, 2008-2017
Figure 26: Bruneian LCU per USD, 2009-2018
Figure 27: Bruneian Lending Rate (%), 2002-2011
Figure 28: Bruneian Real Interest Rate (%), 2002-2011
Figure 29: Bruneian Good Exports as (% of GDP), 2001-2009
Figure 30: Bruneian Good Imports as (% of GDP), 2001-2009
Figure 31: Bruneian Goods Balance (% GDP), 2001-2009
Figure 32: Bruneian Service Imports (% GDP), 2001-2009
Figure 33: Bruneian Service Exports (% GDP), 2001-2009
Figure 34: Bruneian Service Trade Surplus/Deficit (% GDP), 2001-2009
Figure 35: Bruneian Foreign Direct Investments (BoP, current US$ billion), 2002-2009
Figure 36: Bruneian Net Foreign Direct Investments (% GDP), 2001-2009
Figure 37: Bruneian International Reserves, including gold (US$ billion), 2002-2011
Figure 38: Bruneian Conventional Thermal Electricity Net Generation (Billion Kilowatt Hours),  2001-2010
Figure 39: Bruneian Conventional Thermal Electricity Installed Capacity (Million Kilowatts), 2001-2010
Figure 40: Bruneian Petroleum Consumption (Thousand Barrels Per Day), 2002-2011
Figure 41: Bruneian Air Transport, Freight (million ton-km), 2001-2011
Figure 42: Bruneian Roads total network (km), 2004-2010
Figure 43: Bruneian Mining, Manufacturing, Utilities Output (US$ billion), 2002-2011
Figure 44: Bruneian Telephone lines Penetration Rate (per 100 people), 2001-2010
Figure 45: Bruneian Mobile Cellular Subscriptions (In million), 2002-2011

  • Global Public Safety LTE Ecosystem Overview
    In view of its flourishing ecosystem, spectrum flexibility and performance metrics, LTE has emerged as the leading candidate for public safety mobile broadband networks. Public safety organizations and establishments have already begun planning to advance their networks to LTE-based public safety solutions. LTE provisions a varied range of services, from high bandwidth data services to [...]
  • RnR Market Research: Biochips Market Insights
    Growing R&D investment and subcontracting of pharmaceutical companies would lead to growth in biochips market in Asia along with an increase in the application of biochips products is estimated to improve opportunity for the global biochip market. Conversely, the high cost involved in manufacturing of biochips can be seen as a challenge for the same. [...]
  • Current State of Blood Banking Market, Products, Technologies and Services
    The global blood banking and blood products market is expected to reach US$41.9 billion by 2020 with USA continuing to be the largest market worldwide. Asia-Pacific follows a close second with a projected CAGR of 9.1% during this period owing to the refining healthcare infrastructure and increase in the per capita healthcare expenditure. The major [...]
  • Surgical Robots Market 2016 Updates on Companies, Products and More
    Surgical robots are medical devices that assist surgeons in performing many types of complex procedures with more accuracy, flexibility and control than is possible with conventional techniques. The aim of surgical robots market players is to provide improved diagnostic skills, a less invasive and more comfortable experience for the patient, and the ability to do [...]
  • International Wound Cleanser Industry 2019 Forecasts with Feasibility Study of Future Projects
    ‘Market Research Report on Global and Chinese Wound Cleanser Industry, 2009-2019’ is a comprehensive market research report that offers top-notch industry insights and analyzes the growth prospects of the industry, along with evaluating the up-surging opportunities in the Global and Chinese market over the forecast period of 2014-2019. The methodically planned sections of the research [...]
  • Future of the Australian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2021
    Published: 25-Jun-2016        Price: US 1250 Onwards        Pages: 116
    Summary The Future of the Australian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2021, 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. Key Findings Over the historic period, ......
  • United States Counter Unmanned Aerial Vehicle Defense System Industry 2016 Market Research Report
    Published: 13-Jun-2016        Price: US 3800 Onwards        Pages: 137
    The United States Counter Unmanned Aerial Vehicle Defense System Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Counter Unmanned Aerial Vehicle Defense System industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Counter Unmanned Aerial Vehicle Defense System market analysis is provided for the United States markets including develo......
  • United States Military Manpack and Vehicular Radios Industry 2016 Market Research Report
    Published: 13-Jun-2016        Price: US 3800 Onwards        Pages: 136
    The United States Military Manpack and Vehicular Radios Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Military Manpack and Vehicular Radios industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Military Manpack and Vehicular Radios market analysis is provided for the United States markets including development trends, competitive l......
  • United States Worldwide Public Safety Drones Industry 2016 Market Research Report
    Published: 13-Jun-2016        Price: US 3800 Onwards        Pages: 137
    The United States Worldwide Public Safety Drones Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Worldwide Public Safety Drones industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Worldwide Public Safety Drones market analysis is provided for the United States markets including development trends, competitive landscape analysis, an......
  • United States Warfare Systems Industry 2016 Market Research Report
    Published: 13-Jun-2016        Price: US 3800 Onwards        Pages: 134
    The United States Warfare Systems Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Warfare Systems industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Warfare Systems market analysis is provided for the United States markets including development trends, competitive landscape analysis, and key regions development status. ......
  • Global Warfare Systems Consumption 2016 Market Research Report
    Published: 02-Jun-2016        Price: US 4000 Onwards        Pages: 150
    The Global Warfare Systems Consumption 2016 Market Research Report is a professional and in-depth study on the current state of the Warfare Systems market. First, the report provides a basic overview of the Warfare Systems industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures. Secondly, the report states the global Warfare Sys......
  • Global Counter Unmanned Aerial Vehicle Defense System Consumption 2016 Market Research Report
    Published: 01-Jun-2016        Price: US 4000 Onwards        Pages: 157
    The Global Counter Unmanned Aerial Vehicle Defense System Consumption 2016 Market Research Report is a professional and in-depth study on the current state of the Counter Unmanned Aerial Vehicle Defense System market. First, the report provides a basic overview of the Counter Unmanned Aerial Vehicle Defense System industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing pro......
  • Global Military Manpack and Vehicular Radios Consumption 2016 Market Research Report
    Published: 01-Jun-2016        Price: US 4000 Onwards        Pages: 158
    The Global Military Manpack and Vehicular Radios Consumption 2016 Market Research Report is a professional and in-depth study on the current state of the Military Manpack and Vehicular Radios market. First, the report provides a basic overview of the Military Manpack and Vehicular Radios industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.......
  • Global Worldwide Public Safety Drones Consumption 2016 Market Research Report
    Published: 01-Jun-2016        Price: US 4000 Onwards        Pages: 151
    The Global Worldwide Public Safety Drones Consumption 2016 Market Research Report is a professional and in-depth study on the current state of the Worldwide Public Safety Drones market. First, the report provides a basic overview of the Worldwide Public Safety Drones industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures. Secon......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs