1 Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. SDI Terrorism Index
1.5. About Strategic Defense Intelligence
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities
3.1. Defense Market Size Historical and Forecast
3.1.1. French defense budget to grow at an estimated CAGR of
0.38% during 2017-2021
3.1.2. International peacekeeping operations contribution and the armed forces modernization drives the French defense industry
3.1.3. Defense budget as a percentage of GDP will remain at an average of
1.70% over the forecast period
3.2. Analysis of Defense Budget Allocation
3.2.1. Share of capital expenditure is expected to increase during the forecast period
3.2.2. Capital expenditure is anticipated to record a CAGR of
0.64% during the forecast period
3.2.3. Army accounted for the largest percentage share of the overall French defense budget
3.2.4. Army defense expenditure is estimated to reach US$26.7 billion in 2021
3.2.5. Air force defense expenditure expected to grow at a CAGR of
0.48% during 2017-2021
3.2.6. Naval expenditure is estimated to register a CAGR of
0.5%over the forecast period
3.2.7. Common services allocation is expected to increase over the forecast period
3.2.8. French Per-capita defense expenditure to increase during the forecast period
3.3. Homeland Security Market Size and Forecast
3.3.1. Homeland Security market in France is expected to grow at a CAGR of
1.16% during the forecast period
3.3.2. Counter terrorism activities, cyber security, police modernization, and gendarmerie drives the Homeland security expenditure of France
3.3.3. France falls under "highly affected" category in the terrorism index
3.3.4. France faces threats from terrorist organizations
3.3.5. France has a terrorism index score of
4.6
3.4. Benchmarking with Key Global Markets
3.4.1. France ranks among major Global Defense Markets
3.4.2. France is expected to remain among top 10 defense spending countries in the world
3.4.3. French defense budget as a percentage of GDP is expected to decline over the forecast period
3.5. Market Opportunities: Key Trends and Drivers
3.5.1. Infrastructure Construction
3.5.2. Multi-role Aircraft
3.5.3. Transport Aircraft
3.5.4. Nuclear attack submarines
3.5.5. Frigates
4 Defense Procurement Market Dynamics
4.1. Import Market Dynamics
4.1.1. Domestic companies are key supplier of equipment to French Ministry of Defense
4.1.2. Missiles and Aircraft accounted for a total share
63.1% in French defense imports
4.1.3. US, Spain, and the Netherlands are the major suppliers for France
4.2. Export Market Dynamics
4.2.1. France ranked fifth among the countries with the highest volume of defense exports
4.2.2. Asian countries are the major prospects for French defense exports
4.2.3. Aircraft accounted for the majority of French defense exports during 2011-2015
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: Medium to High
5.1.5. Threat of Substitution: Medium
6 Market Entry Strategy
6.1. Market Regulation
6.1.1. No formal offset policy in France
6.1.2. Foreign direct investment in the defense sector and transfer of defense-related products are subject to prior authorization
6.2. Market Entry Route
6.2.1. Foreign military sales (FMS) to France
6.2.2. Collaborations provide market entry opportunities
6.2.3. Joint equipment programs favored by the French government
6.3. Key Challenges
6.3.1. Increased preference for domestic and European defense companies impede the entry of non-European firms
6.3.2. Increased cost overruns and delay in product delivery
7 Competitive landscape and Strategic Insights
7.1. Competitive landscape Overview
7.2. Key Public Sector Companies
7.2.1. Dassault Aviation: Overview
7.2.2. Dassault Aviation: Major Products
7.2.3. Dassault Aviation: Recent Announcements and Strategic Initiatives
7.2.4. Dassault Aviation: Alliances
7.2.5. Dassault Aviation: Recent Contract Wins
7.2.6. Dassault Aviation: Financial Analysis
7.2.7. Thales: Overview
7.2.8. Thales: Major Products and Services
7.2.9. Thales: Recent Announcements and Strategic Initiatives
7.2.10. Thales: Alliances
7.2.11. Thales: Recent Contract Wins
7.2.12. Thales: Financial Analysis
7.2.13. Constructions Mécaniques de Normandie (CMN): Overview
7.2.14. Constructions Mécaniques de Normandie (CMN): Major Products and Services
7.2.15. Constructions Mécaniques de Normandie (CMN): Recent Announcements and Strategic Initiatives
7.2.16. Constructions Mécaniques de Normandie (CMN): alliances
7.2.17. Constructions Mécaniques de Normandie (CMN): Recent Contract Wins
7.2.18. EuroTorp: Overview
7.2.19. EuroTorp: Major products
7.2.20. EuroTorp: recent announcements and strategic initiatives
7.2.21. EuroTorp: Alliances
7.2.22. EuroTorp: Recent Contract Wins
7.2.23. Airbus Defense and Space: Overview
7.2.24. Airbus Defense and Space: Major Products and Services
7.2.25. Airbus Defense and Space: Recent Announcements and Strategic Initiatives.
7.2.26. Airbus Defense and Space: Alliances
7.2.27. Airbus Defense and Space: Recent Contract Wins
7.2.28. Safran Group: Overview
7.2.29. Safran Group: Major Products and Services
7.2.30. Safran Group: Recent Announcements and Strategic Initiatives
7.2.31. Safran Group: Alliances
7.2.32. Safran Group: Recent Contract Wins
7.2.33. Safran Group: Financial Analysis
7.2.34. Nexter Systems: Overview
7.2.35. Nexter Systems: Major Products and Services
7.2.36. Nexter Systems: Recent Announcements and Strategic Initiatives
7.2.37. Nexter Systems: Alliances
7.2.38. Nexter Systems: Recent Contract Wins
7.2.39. MBDA: Overview
7.2.40. MBDA: Major Products
7.2.41. MBDA: Recent Announcements and Strategic Initiatives
7.2.42. MBDA: Alliances
7.2.43. MBDA: Recent Contract Wins
7.2.44. Airbus Helicopters: overview
7.2.45. Airbus Helicopters: products and services
7.2.46. Airbus Helicopters: recent announcements and strategic initiatives
7.2.47. Airbus Helicopters: alliances
7.2.48. Airbus Helicopters: recent contract wins
7.2.49. DCNS: Overview
7.2.50. DCNS: Major Products and Services
7.2.51. DCNS: Recent Announcements and Strategic Initiatives
7.2.52. DCNS: Alliances
7.2.53. DCNS: Recent Contract Wins
7.2.54. DCNS: Financial Analysis
7.2.55. Renault Truck Defense: Overview
7.2.56. Renault Truck Defense: Major Products and Services
7.2.57. Renault Truck Defense: Recent Announcements and Strategic Initiatives
7.2.58. Renault Truck Defense: Alliances
7.2.59. Renault Truck Defense: Recent Contract Wins
8 Business Environment and Country Risk
8.1. Economic Performance
8.1.1. GDP per capita at constant prices (US$)
8.1.2. GDP at current prices (US$)
8.1.3. Exports of goods and services (LCU)
8.1.4. Imports of goods and services (LCU)
8.1.5. Gross national disposable income (US$ billion)
8.1.6. LCU per US$ (period average)
8.1.7. Market capitalization of listed companies (US$ billion)
8.1.8. Market capitalization of listed companies (% of GDP)
8.1.9. Government cash surplus/deficit asa percentage of GDP (LCU)
8.1.10. Goods exports and imports as a percentage of GDP
8.1.11. Services imports and exports as a percentage of GDP
8.1.12. Foreign direct investment, net (BoP, current US$ billions)
8.1.13. Net foreign direct investment as a percentage of GDP
8.2. Mineral
8.2.1. Mining, Manufacturing, Utilities Output (US$ billion)
9 Appendix
9.1. About SDI
9.2. Disclaimer