Peru Defense Market - Attractiveness, Competitive Landscape And Forecasts To 2026

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Peru Defense Market - Attractiveness, Competitive
Landscape And Forecasts To 2026
Published on 03 Jan 2023
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Report Overview
Peru Defense Market - Attractiveness, Competitive
Landscape and Forecasts to 2026 report provides
the market size forecast and the projected growth
rate for the next five years. The report covers
industry analysis including the key market
drivers, emerging technology trends, and major
challenges faced by market participants. It also
offers insights regarding key factors and
government programs that are expected to
influence the demand for military platforms over
the forecast period.Peru has consistently spent
a fair amount of money on its defense due to the
high narco-terrorism threat and border disputes.
In 2021, Perus defense budget is 2 billion,
registering a negative CAGR of 2.43 during the
historical period. The decline during the
historical period can be attributed to the
funding constraints due to a weak economy,
further exacerbated by the onset of the COVID-19
pandemic. However, over the forecast period the
countrys economy is anticipated to rebound and
post a GDP growth of 5.5 in 2022. The average
Y-o-Y GDP growth of the Peruvian economy is
anticipated to reflect 4.22 over the forecast
period. As a result, the Peruvian defense budget
is anticipated to surge from 2 billion in 2021
to 2.3 billion by 2026, reflecting a CAGR of
0.82.

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Table Of Contents

• Executive Summary
• Defense Budget Assessment
• Defense Market Size Historical And Forecast
• Drivers Of Defense Expenditure
• Analysis Of Defense Budget Allocation
• Key Challenges
• Import And Export Market Dynamics
• Main Defense Companies
• Market Attractiveness And Emerging Opportunities
• Market Attractiveness, 2021 2026

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By Region
United States
Europe
China
Rest of the world
Japan
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Market Size
Expected to reach 2.3 billion USD by the end of
Forecast year
2026
2021
Base year
CAGR 2.43 (2021 - 2026)
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ense-market-attractiveness-competitive-landscape-a
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