Your SlideShare is downloading. ×
0
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Future of the belgian defense industry   market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Future of the belgian defense industry market attractiveness, competitive landscape and forecasts to 2018 - Reports Corner

385

Published on

"This report is the result of SDI’s extensive market and company research covering the Belgian defense industry, and provides detailed analysis of both historic and forecast defense industry values …

"This report is the result of SDI’s extensive market and company research covering the Belgian 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?
Future of the Belgian 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 market share in the Belgian defense industry."

https://www.reportscorner.com/reports/19696/Future-of-the-Belgian-Defense-Industry---Market-Attractiveness,-Competitive-Landscape-and-Forecasts-to-2018/

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
385
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. RCReports CornerFuture of the Belgian Defense Industry - Market Attractiveness,Competitive Landscape and Forecasts to 2018
  • 2. DescriptionDescriptionReports Cornerwww.reportscorner.com"This report is the result of SDI’s extensive market and companyresearch covering the Belgian defense industry, and providesdetailed analysis of both historic and forecast defense industryvalues including key growth stimulators, analysis of the leadingcompanies in the industry, and key news.Introduction andLandscapeWhy was the report written?Future of the BelgianDefense Industry – Market Attractiveness, Competitive Landscapeand Forecasts to 2018 offers the reader an insight into the marketopportunities and entry strategies adopted by foreign originalequipment manufacturers (OEMs) to gain market share in theBelgian defense industry."
  • 3. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comProduct SynopsisThis report is the result of SDI’s extensive market and companyresearch covering the Belgian defense industry, and providesdetailed analysis of both historic and forecast defense industryvalues including key growth stimulators, analysis of the leadingcompanies in the industry, and key news.Introduction and LandscapeWhy was the report written?Future of the Belgian Defense Industry – Market Attractiveness,Competitive Landscape and Forecasts to 2018 offers the reader aninsight into the market opportunities and entry strategies adoptedby foreign original equipment manufacturers (OEMs) to gainmarket share in the Belgian defense industry.What is the current market landscape and what is changing?
  • 4. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comThe Belgian defense budget, valued at US$3.6 billion in 2013, isestimated to register a CAGR of -2.82% to reach US$3.1 billion by2018. This decrease in spending is expected to be primarily due tothe country’s public debt, which will force Belgium to cut itsdefense budget over the forecast period. Primarily driven bymilitary modernization programs and joint operations, thecountry’s defense expenditure is expected to focus more on theprocurement of equipment for its maritime security, counterterrorism capabilities, and cyber security over the period 2014-18.The country’s defense imports and exports are expected recoverfrom the slump experienced from 2010 due to the global economicslowdown.What are the key drivers behind recent market changes?
  • 5. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comBelgium’s defense expenditure over the forecast period isexpected to be driven by the need to modernize its armed forcesand participation in joint operations with its NATO allies.Belgium’s defense budget cuts have affected its defenseequipment procurement during the review period, along with a50% reduction in the size of its armed forces over the pastdecade. In its long-term strategic modernization plan , the countryoutlined its efforts to realign its military to be prepared forchanging geo-strategic environment. Belgium stated ‘increasingequipment expenditure per soldier’ as one of its goals in the‘Defence and Security Investment Plan’.What makes this report unique and essential to read?The Future of the Belgian Defense Industry – MarketAttractiveness, Competitive Landscape and Forecasts to 2018provides detailed analysis of the current industry size and growthexpectations from 2014 to 2018, including highlights of keygrowth stimulators.
  • 6. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comIt also benchmarks the industry against key global markets andprovides a detailed understanding of emerging opportunities inspecific areas.Key Features and BenefitsThe report provides detailed analysis of the current industry sizeand growth expectations from 2014 to 2018, including highlightsof key growth stimulators, and also benchmarks the industryagainst key global markets and provides a detailed understandingof emerging opportunities in specific areas.The report includes trend analysis of imports and exports,together with their implications and impact on the Belgian defenseindustry.
  • 7. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comThe report covers five forces analysis to identify various powercenters in the industry and how these are expected to develop inthe future.The report allows readers to identify possible ways to enter themarket, together with detailed descriptions of how existingcompanies have entered the market, including key contracts,alliances, and strategic initiatives.The report helps the reader to understand the competitivelandscape of the defense industry in Belgium. It provides anoverview 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
  • 8. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comIn 2010, the government announced defense budget cuts in orderto control the country’s increasing fiscal deficit. In order to makethe budget reductions, the government decided to reduce the sizeof its military, as the country deploys its troops for peacekeepingrather than defense purposes. In addition to this, Belgium plans tomodernize its military workforce and equipment, and the moneyreleased through troop reductions is expected to offset therequired modernization expenditure on equipment. Since there areno significant terrorist threats to Belgium and it is surrounded byEuropean countries, its defense budget is likely to remain low inthe forecast period, and this will pose a challenge for bothestablished defense companies and those wishing to enter themarket.As Belgium is a member of the European Defense Agency (EDA),which was formed to improve European defense capabilities andto create a single defense equipment market,
  • 9. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comit gives preference to European nations in its defense contracts.As a result, Belgium takes part in several European defenseprograms, such as the Airbus A400M and the European AirTransport Fleet program. The EDA has simplified the defensetrade within Europe through measures such as its electronicbulletin board (EBB), which requires all member countries to postdefense contract opportunities, so that all opportunities areavailable for all member countries to easily access in one place. Inaddition to this, in 2009 the EU issued a directive which simplifiedthe terms and conditions of the transfer of defense productswithin the EU, and the coordination procedures for the award ofcertain contracts related to defense. As the defense trade hasbeen simplified within the EU and Belgium is a member of theEDA, the government gives preference to European companies forimports and contracts, and this acts as a barrier to entry for non-European countries in the defense industry.
  • 10. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comKey HighlightsBelgium’s defense budget cuts have affected its defenseequipment procurement during the review period, along with a50% reduction in the size of its armed forces over the pastdecade. In its long-term strategic modernization plan, the countryoutlined its efforts to realign its military to be prepared forchanging geo-strategic environment. Belgium stated ‘increasingequipment expenditure per soldier’ as one of its goals in the‘Defence and Security Investment Plan’. It also plans to increasethe procurement of defense equipment and related infrastructureout of total defense budget over the forecast period. In addition,the need to replace or upgrade existing equipment has beenaccentuated by the country’s participation in joint operations withNATO. As such, Belgium is expected to gradually increase itsdefense procurement which will present ample opportunities forits domestic industry as well as foreign companies.
  • 11. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comBelgium’s population constitutes two major linguistic groups;Dutch (Flanders) and French (Flemish). As Belgium has beenofficially divided into separate regions based on language since1970, this has worked to both alleviate tensions and increase therisk of permanently splitting the country with linguistic conflict.Increasing tensions between these two groups, with the potentialto influence the country’s political stability, has been a concernfor the government. Over the last two years these conflicts haveeven created problems in the country’s armed forces, which hasforced the government to focus on resolving these issues.Although linguistic conflicts did not result in violentconfrontations in the past, the same cannot be guaranteed in thefuture. In the forecast period, these conflicts are expected tocontinue and a proportion of homeland security expenditure willbe allocated to tackle them.
  • 12. Brief SummaryBrief SummaryReports Cornerwww.reportscorner.comArms imports in Belgium declined sharply in 2009 and 2010 due tothe country’s budget cuts, which remained at the same level in2011 and 2012. The country’s defense imports are expected torecover gradually over the forecast period, as the country plans tomodernize its military and replace or upgrade existing defenseequipment. Belgium sourced 38.7% of its defense importrequirements from the Netherlands during 2008-2012, followed byPortugal, Switzerland, and Italy, accounting for 12.2%, 10.9%, and10.1% of defense imports respectively. Germany and France wereother major arms suppliers for the country. Over the period 2013-2017, the country is expected to increase its defense imports,especially from its European neighbors.
  • 13. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com1 Introduction1.1. What is this Report About?1.2. Definitions1.3. Summary Methodology1.4. SDI Terrorism Index1.5. About Strategic Defence Intelligence2 Executive Summary3 Market Attractiveness and Emerging Opportunities3.1. Defense Market Size Historical and Forecast3.1.1. Belgian defense expenditure expected to decline to US$3 billion by 20183.1.2. Military modernization, and Joint operations expected to drive defense spending over the forecastperiod3.1.3. Belgiums defense expenditure as a percentage of GDP expected to decrease3.2. Analysis of Defense Budget Allocation3.2.1. Share of Capital Expenditure expected to increase over forecast period3.2.2. Budget Cuts expected to affect Defense Capital Expenditure
  • 14. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com3.2.3. Share of Equipment Expenditure expected to increase over forecast period3.2.4. Replacement of outdated equipment to drive Belgiums Equipment Expenditure3.2.5. Budget allocation for other capital expenditure to register a CAGR of -0.91% during the forecastperiod3.2.7. Share of Personnel Expenditure expected to decrease over forecast period3.2.8. Pruning of armed forces expected to reduce Personnel Expenditure over forecast period3.2.9. Budget affect Operations and other Expenditure3.2.10. Per capita defense expenditure set to decrease over the forecast period3.3. Homeland Security Market Size and Forecast3.3.1. Belgium homeland security expected to grow at a steady pace3.3.2. Linguistic conflicts, drug trafficking and cyber security are main homeland security concerns3.3.3. Belgium falls under “low risk” of terrorism category3.4. Benchmarking with Key Global Markets3.4.1. Belgium defense budget expected to be marginally decline over the forecast period3.4.2. Belgium to move out of the Top 25 defense spenders in the world list3.4.3. The Belgium allocates lower share of GDP for defense compared to its European neighbours
  • 15. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com3.4.4. Belgium faces low threat from foreign terrorist organizations3.5. Market Opportunities: Key Trends and Growth Stimulators3.5.1. Maritime Security3.5.2. Transport and Utility Aircraft3.5.3. Frigates MRO3.5.4. Counter Terrorism3.5.5. Transport Helicopters3.5.6. Anti-Tank Missiles3.5.7. Cyber Security4 Defense Procurement Market Dynamics4.1. Import Market Dynamics4.1.1. Defense imports are expected to recover over the forecast period4.1.2. Belgium sourced majority of its arms imports from Neighbors4.1.3. Ships and Armored vehicles dominate military hardware imports4.2. Export Market Dynamics
  • 16. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com4.2.1. Arms exports to recover during the forecast period4.2.2. Belgium arms exports expected to increase4.2.3. Aircraft and Ships are the main exported defense products5 Industry Dynamics5.1. Five Forces Analysis5.1.1. Bargaining power of supplier: low to medium5.1.2. Bargaining power of buyer: high5.1.3. Barrier to entry: medium5.1.4. Intensity of rivalry: low to high5.1.5. Threat of substitution: low to medium6 Market Entry Strategy6.1. Market Regulation6.1.1. Offset policy aids development of domestic defense industry6.1.2. Belgium permits 100% FDI in defense industry6.2. Market Entry Route
  • 17. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com6.2.1. Joint weapons development program, a viable market entry route6.2.2. Subsidiaries provide market entry opportunities6.2.3. Acquisition of domestic companies enables entrance to market6.3. Key Challenges6.3.1. Defense budget cuts will impact negatively on defense companies6.3.2. Preference to EU companies poses a challenge for non-European companies7 Competitive Landscape and Strategic Insights7.1. Competitive Landscape Overview7.2. Key Domestic Companies7.2.1. FN Herstal: overview7.2.2. FN Herstal: products and services7.2.3. FN Herstal: recent announcements and strategic initiatives7.2.4. FN Herstal: alliances7.2.5. FN Herstal: recent contract wins7.2.6. Sonaca SA: overview
  • 18. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com7.2.7. Sonaca SA: products and services7.2.8. Sonaca SA: recent announcements and strategic initiatives7.2.9. Sonaca SA: alliances7.2.10. Sonaca SA: recent contract wins7.2.11. Cockerill Maintenance and Ingénierie SA: overview7.2.12. Cockerill Maintenance and Ingénierie SA: products and services7.2.13. Cockerill Maintenance and Ingénierie SA: recent announcements and strategic initiatives7.2.14. Cockerill Maintenance and Ingénierie SA: alliances7.2.15. Cockerill Maintenance and Ingénierie SA: recent contract wins7.2.16. SABCA Group: overview7.2.17. SABCA Group: products and services7.2.18. SABCA Group: recent announcements and strategic initiatives7.2.19. SABCA Group: alliances7.2.20. SABCA Group: recent contract wins7.2.21. Barco: overview
  • 19. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com7.2.22. Barco: products and services7.2.23. Barco: recent announcements and strategic initiatives7.2.24. Barco: alliances7.2.25. Barco: recent contract wins7.2.26. Asco Industries: overview7.2.27. Asco Industries: products and services7.2.28. Asco Industries: recent announcements and strategic initiatives7.2.29. Asco Industries: alliances7.2.30. Asco Industries: recent contract wins7.3. Key Foreign Companies7.3.1. Mecar SA: overview7.3.2. Mecar SA: products and services7.3.3. Mecar SA: recent announcements and strategic initiatives7.3.4. Mecar SA: alliances7.3.5. Mecar SA: recent contract wins
  • 20. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com7.3.6. Thales Belgium: overview7.3.7. Thales Belgium: products and services7.3.8. Thales Belgium: recent announcements and strategic initiatives7.3.9. Thales Belgium: alliances7.3.10. Thales Belgium: recent contract wins7.3.11. Northrop Grumman Belgium: overview7.3.12. Thales Belgium: products and services7.3.13. Northrop Grumman Belgium: recent announcements and strategic initiatives7.3.14. Northrop Grumman Belgium: recent contract wins8 Business Environment and Country Risk8.1. Demographics and Social Statistics8.1.1. Population - Rural8.1.2. Population - Urban8.1.3. Population - Number of Households8.2. Economic Performance
  • 21. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com8.2.1. Gross Domestic per Capita8.2.2. Gross Domestic Product, current US$8.2.3. Exports of Goods and Services8.2.4. Imports of Goods and Services8.2.5. Gross National Disposable Income8.2.6. Manufacturing Output8.2.7. Consumer Price Index8.2.8. Wholesale Price Index8.2.9. Local Currency Unit per US$8.2.10. Market Capitalization of Listed Companies8.2.11. Market Capitalization of Listed Companies as a % of GDP8.2.12. Total Government Cash Surplus/Deficit8.2.13. Government Cash Surplus/Deficit8.2.14. Central Government Debt8.2.15. Central Government Debt as a % of GDP
  • 22. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com8.2.16. Goods Exports as a % of GDP8.2.17. Goods Imports as a % of GDP8.2.18. Goods Trade Surplus/Deficit as a % of GDP8.2.19. Services Imports as a % of GDP8.2.20. Services Exports as a % of GDP8.2.21. Services trade surplus/deficit as a % of GDP8.2.22. Net Foreign Direct Investment8.2.23. Net FDI as a % of GDP8.2.24. International reserves, including Gold8.3. Energy and Utilities8.3.1. Total Conventional Thermal Electricity Net Generation8.3.2. Hydroelectricity Net Generation8.3.3. Nuclear Electricity Net Generation8.3.4. Total Conventional Thermal Electricity Installed Capacity8.3.5. Total Electricity Exports
  • 23. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com8.3.6. Total Electricity Imports8.3.7. Total Petroleum Consumption8.3.8. Total Non-Hydro Renewable Electricity Net Generation8.4. Infrastructure Quality and Availability8.4.1. Rail lines, total network8.4.2. Air transport, freight8.4.3. Overall Construction8.5. Minerals8.5.1. Mining, Manufacturing, Utilities Output8.6. Technology8.6.1. Research and development expenditure8.6.2. Patents Granted8.7. Telecommunication8.7.1. Telephone lines8.7.2. Telephone lines Penetration Rate
  • 24. Table of ContentsTable of ContentsReports Cornerwww.reportscorner.com9 Appendix9.1. About SDI9.2. Disclaimer
  • 25. For more informationFor more informationReports Cornerwww.reportscorner.comFor more information please visit our websitehttps://www.reportscorner.com/reports/19696/Future-of-the-Belgian-Defense-Industry---Market-Attractiveness,-Competitive-Landscape-and-Forecasts-to-2018/
  • 26. Reports CornerThank YouThank Youwww.reportscorner.comRCContact us: contact@reportscorner.com

×