Peru’s defense budget is US$2.3 billion registering a CAGR of 0.57%
Aarkstore Enterprise announced latest Market Research Report Titled “Future of the Peruvian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024”
Future of the Peruvian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024", published by provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
This report offers detailed analysis of the Peruvian defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.
In particular, it provides an in-depth analysis of the following -
- The defense industry market size and drivers: detailed analysis of the Peruvian 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 capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
- Porter’s Five Force analysis of the Peruvian defense industry: analysis of the market characteristics by determining the bargaining power of suppliers, bargaining power of buyers, threat of substitution, intensity of rivalry, and barriers to entry
- 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 five defense investment opportunities
- Competitive landscape and strategic insights: analysis of the competitive landscape of the Peruvian defense industry. It provides an overview of key players, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.
Scope
- In 2019, Peru’s defense budget is US$2.3 billion registering a CAGR of 0.57% during the historic period. Active participation in peacekeeping missions, narco-terrorism, and defense sector reforms, the persistent threat from insurgent guerrilla organization Shining Path, border conflicts with Chile, and modernization initiatives drove defense expenditure over the historic period.
- The country’s defense expenditure is anticipated to value US$2.6 billion in 2024 and register a CAGR of 2.53% over the forecast period. The defense budget as a percentage of GDP is expected to decrease to an average of 0.84% in the forecast period, compared to an average of 1.04% during the historic period.
About US
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Category: Defense Market Research
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