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(Transportation-News.com, November 29, 2016 ) The Future of the Chilean 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.
Key Findings
Chilean military budget valued at US$1.6 billion in 2016. Between 2012-2016 Chilean defense budget declined fromUS$2.5 billion in 2012 to US$1.6 billion in 2016, registering a CAGR of -9.84%.
On a cumulative basis, the country is expected to invest US$11.8 billion for defense purposes, of which US$3.4 billion is earmarked for capital expenditure to fund defense procurements. The government’s well-defined military modernization plans along with its efforts to bolster its military capabilities as a means to deter peruvian aggression in is anticipated to drive spending.
The MoD is expected to invest in Military-IT (Networking), Air-Air Missiles, MRO facities for multi-role aircraft and transport aircraft maintenance over the coming years.
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Synopsis
This report offers detailed analysis of the Chilean 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 Chilean defense industry market size and drivers: detailed analysis of the Chilean defense industry during 2017–2021, 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 the army, navy, and air force. It also details the key challenges faced by defense market participants within the country
Porter’s Five Force analysis of the Chilean 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
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Table of Contents
1 Introduction
1.1. What is this Report About?
1.2. Definitions
1.3. Summary Methodology
1.4. SDI Terrorism Index
1.5. About Strategic Defence Intelligence
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities
3.1. Defense Market Size Historical and Forecast
3.1.1. Chilean defense expenditure to be US$11.8 billion over the forecast period
3.1.2. Border disputes and military modernization to drive defense expenditure
3.1.3. Defense expenditure as a percentage of GDP is anticipated to decline over the forecast period
3.2. Analysis of Defense Budget Allocations
3.2.1. Capital expenditure allocation expected to increase over the forecast period
3.2.2. Capital expenditure expected to decrease over the forecast period
3.2.3. Army and navy expenditure accounts for most of the Chilean defense budget
3.2.4. Army defense expenditure is estimated to surpass US$1 billion in 2021
3.2.5. Naval expenditure is estimated to register a CAGR of 0.58% over the forecast period
3.2.6. Air force defense expenditure expected to grow at a CAGR of 1.52% during 2017-2021
3.2.7. Per-capita defense expenditure expected to increase over the forecast period
3.3. Homeland Security Market Size and Forecast
3.3.1. Homeland Security market in Chile expected to grow at a CAGR of 7.35% during the forecast period
3.3.2. Drug trafficking, natural disasters, and threats from the Mapuche community to drive homeland security budget
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