The Dutch military expenditure is estimated to grow at a CAGR of 0.59% over the next five years, According to a New Study on ASDReports
Thursday 19 June 2014, Amsterdam
Report description overview:
The new report: Future of the Netherlands’ Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019 analyzes the Netherlands’ defense industry market size and drivers, including detailed analysis of the Netherlands’ defense industry over the next 5 years, together with highlights of the demand drivers and growth stimulators for the industry. This report analyzes driving factors that will influence demand for the industry, key market trends and the challenges faced by industry participants.
• You will acquire detailed profiles of the top domestic and foreign defense manufacturers with information about their products, and alliances. Providing you with a total competitive landscape of the sector. • This report analyzes factors that influence demand for the industry, including key market trends and challenges faced by industry participants, allowing you to adjust your business plan. • This report will provide you with the confidence to make the correct business decisions based on a detailed analysis of the Netherlands’ defense industry market trends for the coming five years.
The Netherlands is the fifth largest economy in the Euro-zone, and has been battling to overcome the effects of the debt crisis, with the aid of defense budget cuts in the last four years. In this time, the Netherlands defense expenditure decreased at a CAGR of almost -2%.
The Netherlands defense industry is expected to grow at a slow CAGR of less than 1% over the next five years. The country‘s military expenditure will be driven by its military modernization programs and the mandate to spend a minimum of 2% of its GDP on defense as required by the NATO.
Historic data shows that the DMO, which is largely responsible for procurement, maintenance, disposal, logistics research and development, and defense infrastructure facilities, accounted for the highest budget allocation during the last four years, with an average share of 26%.
Foreign companies can enter the Netherlands defense market by establishing joint ventures or partnerships with the domestic defense industry, for the manufacture of components and assembly of equipment. Foreign companies can also acquire domestic companies or establish subsidiaries in the country, as the FDI policy allows 100% investment.
Future of the Netherlands' Defense Industry
Publish date : May 2014
Report code : ASDR-107779
Pages : 129