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Peruvian Defense Industry Market Research Report 2021
The Future of the Peruvian Defense Industry - Market Attractiveness , Competitive Landscape and Forecasts to 2021 , published by Strategic Defence Intelligence , 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 .
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Reasons to Buy � This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Peruvian defense industry 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 technical specifications , recent orders , and the expected investment pattern by the country during the forecast period ?
� Detailed profiles of the top domestic and foreign defense manufacturers with information about their products , alliances , recent contract wins , and financial analysis wherever available . This will provide the user with a total competitive landscape of the sector ?
� A deep qualitative analysis of the Peruvian defense industry covering sections including demand drivers , Porter ' s Five Forces Analysis , Key Trends and Growth Stimulators , and latest industry contracts ?
Key Findings
� The Peruvian defense budget values US $ 2.3 billion in 2016 , and recorded a CAGR of 2.18 % during the historic period . Expenditure is anticipated to grow at a CAGR of 3.54 % over the forecast period to value US $ 2.4 billion in 2021 . The Peruvian defense budget is mainly driven by the modernization efforts to replace its aging military hardware , threats from the Shining Path separatist group , the country ' s participation in international peacekeeping missions , and volatile relationships with its neighbors , especially Chile .
� On a cumulative basis , the country is expected to invest US $ 11.8 billion for defense purposes , of which US $ 1.6 billion is earmarked for capital expenditure to fund defense procurements . The government ' s well-defined military modernization plans to counter influence of narco-terrorists , drug traffickers , human traffickers and weapon traffickers is expected to fuel procurement of defense equipment .
� The MoD is expected to invest in transport aircrafts , frigates , multi-role aircrafts , training aircraft and main battle tanks ( MBT ) over the coming years .
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