Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Future of the French Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018

France defence market: Expenditure falls almost 2% between 2009 and 2013


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-02-04 03:28:03 - Future of the French Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018 - a new market research report on companiesandmarkets.com

The French defense expenditure decreased at a CAGR of -1.82% during the review period and valued US$56.4 billion in 2013. The focus of French government will be on modernization of armed forces, participation in peacekeeping operations and counter terrorism.

The French defense expenditure is mainly driven by Participation of the French Forces in international peacekeeping operations, modernization of the armed forces and rising terrorist threats

The economic crisis across Europe has led to reductions in the defense budgets of many countries. Although, French defense industry is expected to witness some recovery during the forecast period, the fiscal deficit of the country poses the challenge for domestic companies. This marginal improvement in the defense budget will lead to reduced procurements, and are expected

 

 

to have a direct negative impact on domestic defense companies.]

The French MoD protects domestic defense companies by giving preference to domestic or European companies. As a member of the EU, the French government has a policy to give priority to European-manufactured defense goods, which makes it more difficult for non-European defense companies to supply to the French defense market. The government procures 70% of its defense equipment from the domestic defense industry, 20% of its equipment from European defense companies, and the remaining 10% from non-European defense companies. Moreover, the participation of the domestic defense industry in international development programs helps the domestic defense industry to acquire advanced technologies, which further narrows the opportunities for foreign firms to enter the market through technology transfer and other collaborative programs.

Click for report details: www.companiesandmarkets.com/Market/Defence/Market-Research/Futur ..

Browse all Defence Market Research Reports www.companiesandmarkets.com/Market/Defence/Market-Research?aCode ..

Browse all Defence Company Profile Reports www.companiesandmarkets.com/Market/Defence/Company-Profile?aCode ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com | BidVertiser