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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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