Belgian Defense Market to 2023: Industry Attractiveness, Competitive Landscape and Forecasts
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
(EMAILWIRE.COM, April 04, 2018 ) The Future of the Belgian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2023, 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.
Access Report Details at: https://www.themarketreports.com/report/future-of-the-belgian-defense-industry-market-attractiveness-competitive-landscape-and-forecasts-to-2023
Scope:
• The Belgium government’s 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 2014 to US$3.1 billion in 2018, reflecting a CAGR of -3.00%. Over the forecast period, the country’s defense budget is expected to recover and register a CAGR of 1.15%, increasing from US$3.1 billion in 2019 to US$3.3 billion by 2023.
• On a cumulative basis, expenditure over 2019-2023 is expected to be US$15.9 billion, higher than US$14.8 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 country’s military expenditure.
• The defense budget as a percentage of GDP is expected to decrease marginally from an average of 0.62% during 2014-2018 to 0.61% over the period 2019-2023.The country’s per capita defense expenditure is expected to increase from US$270.3 in 2018 to US$277.7 by 2023.
Inquire for more details at: https://www.themarketreports.com/report/buy-now/1001679
Reason 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
• Profiles of the top domestic and foreign defense manufacturers.This will provide the user with a total competitive landscape of the sector
• A deep qualitative analysis of the Turkish defense industry covering sections including demand drivers,Key Trends and latest industry contracts
Get this report at: https://www.themarketreports.com/report/ask-your-query/1001679
Access Report Details at: https://www.themarketreports.com/report/future-of-the-belgian-defense-industry-market-attractiveness-competitive-landscape-and-forecasts-to-2023
Scope:
• The Belgium government’s 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 2014 to US$3.1 billion in 2018, reflecting a CAGR of -3.00%. Over the forecast period, the country’s defense budget is expected to recover and register a CAGR of 1.15%, increasing from US$3.1 billion in 2019 to US$3.3 billion by 2023.
• On a cumulative basis, expenditure over 2019-2023 is expected to be US$15.9 billion, higher than US$14.8 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 country’s military expenditure.
• The defense budget as a percentage of GDP is expected to decrease marginally from an average of 0.62% during 2014-2018 to 0.61% over the period 2019-2023.The country’s per capita defense expenditure is expected to increase from US$270.3 in 2018 to US$277.7 by 2023.
Inquire for more details at: https://www.themarketreports.com/report/buy-now/1001679
Reason 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
• Profiles of the top domestic and foreign defense manufacturers.This will provide the user with a total competitive landscape of the sector
• A deep qualitative analysis of the Turkish defense industry covering sections including demand drivers,Key Trends and latest industry contracts
Get this report at: https://www.themarketreports.com/report/ask-your-query/1001679
Contact Information:
The Market Reports
Shirish Gupta
Tel: +1-631-407-1315
Email us
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The Market Reports
Shirish Gupta
Tel: +1-631-407-1315
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results