Press release
Defense Budget Market: 3 Bold Projections for 2020 | Thales, Naval, Nexter
HTF Market Intelligence released a new research report of 90 pages on title 'France - FY 2020 Defense Budget Analysis, Competitive Landscape and Forecast with detailed analysis, forecast and strategies.To Get Sample Pages: https://www.htfmarketreport.com/sample-report/2517324-france-fy-2020-defense-budget-analysis
#Summary:
France - FY 2020 Defense Budget Analysis, Competitive Landscape and Forecasts
France - FY 2020 Defense Budget Analysis, Competitive Landscape and Forecasts , published by GlobalData, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand and an analysis of industry leading companies.
This report offers detailed analysis of the French defense market with forecasts covering the next five years. This report will also analyze factors that influence demand for the market, key market trends, and challenges faced by industry participants.
In particular, it provides an in-depth analysis of the following -
- The French defense market size and drivers: detailed analysis of the French defense industry during 2020-2024, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country's expenditure and modernization patterns
- Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to procurement, Operations & Maintenance (O&M) and others expenditure.
- Import and Export Dynamics: analysis of prevalent trends in the country's imports and exports over the last five years
- Market opportunities: details of the top defense investment opportunities over the next 10 years
- Vendor landscape and strategic insights: analysis of the vendor landscape of the French defense market.
Make an enquiry before buying this Report @ https://www.htfmarketreport.com/enquiry-before-buy/2517324-france-fy-2020-defense-budget-analysis
Scope:
- The French total defense budget includes acquisition, operation and maintenance (O&M) expenses and other defense funds. The Armed Forces' total budget has increased from US$46.5 billion in 2016 to US$53.9 billion in 2020, featuring a 3% CAGR over the historic period.
- The budget for FY2020 shows a decline when applied to the US$ exchange rate, but the French government actually boasts its third consecutive year of increase, following President Macron's commitment to bolster the French defense apparatus.
- Facing a multiplicity of threats, including jihadist activity in Sahel and the return to great power competition against Russia and China, France's strategy is aiming at ensuring the country's sovereignty and global position militarily. On this background, the government intends to close the gap with its 2% of GDP defense budget commitment before 2025. - For the second year of the current Military Planning Law (Loi de programmation militaire, LPM) 2019¬-2025, the French government pledged an annual EUR1.7 billion increase in the defense budget until 2022, and then EUR3 billion until 2025.
- 2020 will see an increase from US$51.5 billion to US$53.9 billion, reflecting the governmental objective of EUR1.7 billion. Interestingly, most of this increase will go to the acquisition budget, bolstering the French armed forces procurement and RDT&E efforts.
- The acquisition share in the total FY2020 defense budget will climb to 27.3%, from 24.5% in FY2019, for an absolute value of US$14.7 billion. This increase represents a growth of 17%, unseen during the historic period.
Reasons to buy:
- This report will give the user confidence to make the correct business decisions based on a detailed analysis of the French defense market trends for the coming five years
- The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes the expected investment pattern by the country during the forecast period
Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=2517324
Companies Mentioned in the Report: Safran SA, Thales SA, Dassault Aviation SA, Naval Group, Nexter Group
Table of Contents
1. Introduction
2. Regulation
3. Security Environment
4. Defense Market
Thank you for Reading the Article.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the "Accurate Forecast" in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their "Goals & Objectives".
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