Peru Defense Market - Attractiveness, Competitive Landscape And Forecasts To 2026
                     Peru Defense Market - 
Attractiveness, Competitive 
Landscape And Forecasts To 2026
Published on :03 Jan 2023
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, Peru’s 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 country’s 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
• Main Defense Companies
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 
2021 Forecast year 2026
Base year
CAGR 2.43% (2021 - 2026)
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