The Belgian Defense Industry – Market Attractiveness and Emerging Opportunities to 2020: Market Profile

Pages: 45 Published: June 01, 2015 Report Code: GD-DF2017MP

This report provides a detailed analysis of the current industry size and growth expectations during 2016–20, including highlights of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas. SDI's "The Belgian Defense Industry – Market Attractiveness and Emerging Opportunities to 2020: Market Profile" is an essential source of information covering the market attractiveness and emerging opportunities of the defense industry in Belgium. The effects of a sluggish economy and widening fiscal deficit pushed the Belgian government to lower its budget for the defense sector during 2011–2015. Belgian defense expenditure registered a negative CAGR of 5.06% between 2011 and 2015

Scope

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Reasons to Buy

"The Belgian Defense Industry – Market Attractiveness and Emerging Opportunities to 2020: Market Profile" allows you to:

Understand the market size and forecasts of the Belgium defense industry.

Understand the budget allocation of the Belgium defense industry.

Gain knowledge on Homeland Security market size and forecast.

Gain insight into the benchmarking data with Key global markets.

Understand the key trends and growth stimulators of the Belgium defense industry.

Table of Contents

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 Market Attractiveness and Emerging Opportunities

2.1. Defense Market Size Historical and Forecast

2.1.1. Belgian defense expenditure is expected to increase at a CAGR of

0.40% over the forecast period

2.1.2. Ongoing equipment procurement plans and joint operations expected to drive defense expenditure over the forecast period

2.1.3. Belgium’s defense expenditure as a percentage of GDP expected to decrease

2.2. Analysis of Defense Budget Allocation

2.2.1. Share of capital expenditure to average 23% over the forecast period

2.2.2. Capital expenditure expected to increase at a CAGR of

1.28% over 2016–2020

2.2.3. Belgian MoD to spend US$12.2 billion cumulatively on revenue expenditure over the forecast period

2.2.4. Per capita defense expenditure set to decrease over the forecast period

2.3. Homeland Security Market Size and Forecast

2.3.1. Belgian homeland security expenditure expected to increase at a CAGR of

0.17% over the forecast period

2.3.2. Drug trafficking and cyber security are the main homeland security concerns

2.3.3. Belgium falls under “low risk” of terrorism category

2.4. Benchmarking with Key Global Markets

2.4.1. Belgian defense budget expected to increase at a slower rate than other European countries over the forecast period

2.4.2. Belgian defense expenditure is low compared to other European nations

2.4.3. Belgium allocates a lower share of GDP for defense

2.4.4. Belgium faces a low threat from foreign terrorist organizations

2.5. Market Opportunities: Key Trends and Growth Stimulators

2.5.1. Multi-role Aircraft

2.5.2. Transport Aircraft

2.5.3. Anti-tank Missiles

3 Appendix

3.1. About SDI

3.2. Disclaimer

List of Tables

Table 1: Belgian Defense Expenditure (US$ Billion), 2011–2015

Table 2: Belgian Defense Expenditure (US$ Billion), 2016–2020

Table 3: Belgian Defense Expenditure (EUR Billion), 2011–2015

Table 4: Belgian Defense Expenditure (EUR Billion), 2016–2020

Table 5: Belgian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2011–2015

Table 6: Belgian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2016–2020

Table 7: Belgian Defense Budget Split Between Capital and Revenue Expenditure (%), 2011–2015

Table 8: Belgian Defense Budget Split Between Capital and Revenue Expenditure (%), 2016–2020

Table 9: Belgian Defense Capital Expenditure (US$ Million), 2011 – 2015

Table 10: Belgian Defense Capital Expenditure (US$ Million), 2016 – 2020

Table 11: Belgian Defense Capital Expenditure (EUR Million), 2011–2015

Table 12: Belgian Defense Capital Expenditure (EUR Million), 2016–2020

Table 13: Belgian Defense Revenue Expenditure (US$ Billion), 2011–2015

Table 14: Belgian Defense Revenue Expenditure (US$ Billion), 2016–2020

Table 15: Belgian Defense Revenue Expenditure (EUR Billion), 2011–2015

Table 16: Belgian Defense Revenue Expenditure (EUR Billion), 2016–2020

Table 17: Belgian Per Capita Defense Expenditure (US$), 2011–2015

Table 18: Belgian Per Capita Defense Expenditure (US$), 2016–2020

Table 19: Belgian Homeland Security Budget (US$ Billion),2011–2015

Table 20: Belgian Homeland Security Budget (US$ Billion), 2016–2020

Table 21: Belgian Homeland Security Budget (EUR Billion), 2011–2015

Table 22: Belgian Homeland Security Budget (EUR Billion), 2016–2020

Table 23: Benchmarking with Key Markets – 2011–2015 vs. 2016–2020

Table 24: SDI Terrorism Index

List of Figures

Figure 1: Belgian Defense Expenditure (US$ Billion), 2011–2015

Figure 2: Belgian Defense Expenditure (US$ Billion), 2016–2020

Figure 3: Belgian Defense Expenditure (EUR Billion), 2011–2015

Figure 4: Belgian Defense Expenditure (EUR Billion), 2016–2020

Figure 5: Belgian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2011–2015

Figure 6: Belgian GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP Growth, 2016–2020

Figure 7: Belgian Defense Budget Split Between Capital and Revenue Expenditure (%), 2011–2015

Figure 8: Belgian Defense Budget Split Between Capital and Revenue Expenditure (%), 2016–2020

Figure 9: Belgian Defense Capital Expenditure (US$ Million), 2011–2015

Figure 10: Belgian Defense Capital Expenditure (US$ Million), 2016–2020

Figure 11: Belgian Defense Capital Expenditure (EUR Million), 2011–2015

Figure 12: Belgian Defense Capital Expenditure (EUR Million), 2016–2020

Figure 13: Belgian Defense Revenue Expenditure (US$ Billion), 2011–2015

Figure 14: Belgian Defense Revenue Expenditure (US$ Billion), 2016–2020

Figure 15: Belgian Defense Revenue Expenditure (EUR Billion), 2011–2015

Figure 16: Belgian Defense Revenue Expenditure (EUR Billion), 2016–2020

Figure 17: Belgian Per Capita Defense Expenditure (US$), 2011–2015

Figure 18: Belgian Per Capita Defense Expenditure (US$), 2016–2020

Figure 19: Belgian Homeland Security Budget (US$ Billion),2011–2015

Figure 20: Belgian Homeland Security Budget (US$ Billion), 2016–2020

Figure 21: Belgian Homeland Security Budget (EUR Billion), 2011–2015

Figure 22: Belgian Homeland Security Budget (EUR Billion), 2016–2020

Figure 23: SDI Terrorism Heat Map, 2015

Figure 24: SDI Terrorism Index, 2015

Figure 25: Benchmarking with Key Markets – 2011–2015 vs. 2016–2020

Figure 26: Benchmarking with World’s Largest and Top Regional Defense Spenders (US$ Billion), 2015 and 2020

Figure 27: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2015

Figure 28: Belgian Multi-role Aircraft Market Size (US$ Million), 2015-2025

Figure 29: Belgian Transport Aircraft Market Size (US$ Million), 2015- 2025

Figure 30: Belgian Anti-tank Missiles Market Size (US$ Million), 2015- 2025

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