Defense Spending in Belgium

Defense Spending in Belgium

  • December 2014
  • 40 pages
  • Report ID: 191755

Defense Spending in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value 2009-13, and forecast to 2018). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Belgium defense spending market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.


*Defense spending covers capital items, military personnel, government defense agencies, and related expenditure on defense and peacekeeping. The defense market is segmented to include expenditure on: personnel; equipment; infrastructure; and other expenditure (which represents all other spending). Volume is measured as the active serving personnel in the national army, air force, navy (including marines and coast guard) and other elements of the service, such as Joint Staff. Any currency conversions used in the creation of this report have been calculated using constant 2013 annual average exchange rates.

*The Belgian defense spending market had total budget allocation of $5.3bn in 2013, representing a compound annual rate of change (CARC) of -0.5% between 2009 and 2013.

*Personnel numbers declined with a CARC of -6.1% between 2009 and 2013, to reach a total of 30.7 thousand personnel in 2013.

*The performance of the market is forecast to accelerate, with an anticipated CAGR of 1.8% for the five-year period 2013 - 2018, which is expected to drive the market to a value of $5.8bn by the end of 2018.


Save time carrying out entry-level research by identifying the size, growth, and leading players in the defense spending market in Belgium

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the defense spending market in Belgium

Leading company profiles reveal details of key defense spending market players’ global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the Belgium defense spending market with five year forecasts

Macroeconomic indicators provide insight into general trends within the Belgium economy

Key Questions Answered

What was the size of the Belgium defense spending market by value in 2013?

What will be the size of the Belgium defense spending market in 2018?

What factors are affecting the strength of competition in the Belgium defense spending market?

How has the market performed over the last five years?


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Country=Belgium Industry=AerospaceAndDefence ParentIndustry=HeavyIndustry Date=201412 Topic=MarketReport Publisher=MarketLine Price=1000