Oct 3, 2017 SOURCE: BusinessWire

Future of the France Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022 - Research and Markets

The "Future of the France Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2022" report has been added to Research and Markets' offering.

French military expenditure, which stands at US$44 Billion in 2017, declined at a CAGR of -4.04% during the historic period, attributed mainly to the erosion in Euro-Dollar exchange rates

It is however anticipated to register a CAGR of 3.03% during the forecast period to value US$51 Billion in 2022. The country, being a permanent member of the UN Security Council and NATO, is one of the highest contributors and therefore this active participation in international affairs requires higher spending on the defense sector.

French domestic defense industry, in spite of being highly advanced and satisfying the majority of its military requirement, relies on foreign imports for advanced technology equipment such as sensors, engines, and transport aircraft. In addition, the French defense industry also takes part in technology transfer programs with countries like the US and Italy. Even though the US remains the largest supplier of arms to France, the country has recently begun to import from other European countries such as Germany and Sweden. Furthermore, France's commitment to the European Union encourages a policy of giving priority to European manufactured equipment and this policy is expected to result in a shift in focus from the US to other European countries during the forecast period.

French homeland security expenditure stands at US$20.8 Billion in 2017, and is estimated to reach US$22.3 Billion by 2022, registering a CAGR of 1.55% during 2018-2022. This expenditure is primarily driven by efforts to combat the rise in the number of internal security threats, terrorist attacks, cyber-crimes, and the need to defend borders.

French exports to Egypt accounts for nearly 19.4% of overall defense exports, followed by China and UAE accounting to 11% and 9.1% of overall defense exports respectively, largely involving military aircraft. These exports are expected to improve as a result of growing contracts and increasing defense expenditure in the Middle East and Asia-Pacific region.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Attractiveness and Emerging Opportunities

4. Defense Procurement Market Dynamics

5. Industry Dynamics

6. Market Entry Strategy

7. Competitive landscape and Strategic Insights

8. Business Environment and Country Risk

Companies Mentioned