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Future of the Belgium Defense Industry - Market Attractiveness, Competitive Landscape, Trends and Forecasts to 2022

(USGovernment-News.Com, May 13, 2017 ) The Future of the Belgium Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022, 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 Belgian 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.

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In particular, it provides an in-depth analysis of the following -

- The Belgian defense industry market size and drivers: detailed analysis of the Belgian defense industry during 2018-2022, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the countryís expenditure and modernization patterns
- Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget. It also details the key challenges faced by defense market participants within the country
- Porterís Five Force analysis of the Belgian 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 countryís 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 Belgian defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.


- The Belgian governmentís austerity measures and focus on reducing public debt have been the primary reasons for the decline in the defense budget from US$3.5 billion in 2013 to US$2.6 billion in 2017, reflecting a CAGR of -7.08%. Although the budget is projected to remain low over the next three years, an expected economic upturn in the second half of the decade will lead to an increase in the defense budget from 2018 onwards. On a cumulative basis, expenditure over 2018-2022 is expected to be US$16.2 billion, higher than US$15 billion spent during the historic period.Commitment towards operations with NATO allies and the continuation of ongoing military hardware procurement programs are expected to drive the countryís military expenditure.The countryís defense expenditure is expected to focus on the procurement of equipment to augment its air defense capabilities, enhancing operational capabilities of the current fleet of naval vessels, and communications and surveillance systems over the next five years.
- The Belgian Ministry of Defence (MoD) allocated an average of 22.3% to capital expenditure during 2013-2017, and is expected to increase marginally over the forecast period to reach an average of 22.9%. Opportunities related to the procurement of defense equipment in Belgium are expected to be in areas such as multi-role aircraft, multi-role aircraft MRO, transport aircraft, missiles, and arms and ammunitions.
- The MoD is expected to invest in fighters and Multi-role aircraft, fighters & multi-role aircraft MRO and transport aircraft.

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Reasons to buy

- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Belgian 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 Belgian defense industry covering sections including demand drivers, Porterís Five Forces Analysis, Key Trends and Growth Stimulators, and latest industry contracts

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Sudip S


Source: EmailWire.Com


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