Belgian Defense Industry Future Prospects Canvassed by SDI in Topical Research Report Published at MarketPublishers.com15 Jun 2015 • by Natalie Aster
LONDON – From 2011 to 2015, the Belgian defense industry experienced a decline in the budget, mainly due to government‘s austerity measures and the necessity to reduce public debt. The defense expenditure in the country witnessed a -5.06% CAGR during 2011-2015. Nevertheless, through 2016-2020, Belgium’s defense industry performance is anticipated to improve.
Total defense expenditure in Belgium is predicted to amount to USD 15.8 billion, posting a 0.40% CAGR over the forecast period (2016-2020). Through the next 5 years, the average share of the country’s capital expenditure is likely to be 23% (during 2011-2015 it was 22.3%).
Furthermore, the Belgium’s cumulative homeland security budget is expected to be worth USD 11.8 billion during the forecast period. Such segments as aircraft, helicopter, missiles, and surveillance equipment are expected to attract large investments.
Companies running their business in the Belgian defense market include, but are not limited to FN Herstal, Sonaca SA, SABCA Group, Esterline Belgium BVBA, Mecar SA, Thales Belgium, Airbus Helicopters.
Topical research report “Future of the Belgian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020” drawn up by Strategic Defence Intelligence (SDI) provides a detailed analysis of the Belgian defense industry together with an all-round forecast for the industry from 2016 till 2020.
The report highlights the current situation within the Belgian defense market, uncovers details on the industry’s historical background, analyses the market growth driving and restraining factors and also sheds light on key market development trends. It examines the competitve landscape, profiles the top industry players domestic and foreign, characterizes the major challenges faced by companies active in the industry as well as identifies lucrative prospects and opportunities. Furtehrmore, the report covers major trends in the country's exports and imports flows over the past 5 years.
Future of the Belgian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020
Date: May, 2015
Price: US$ 1,250.00
Other in-demand market research reports by the publisher are available at SDI page.