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13-16 MAY 2021

San Borja, Lima, Peru

Event Starts In

Venue

Cuartel General del Ejército del Perú, San Borja, Lima, Peru

Exhibition Space

N.C.

SITDEF, the International Technology Hall for the Defense and Prevention of Disasters, is a biannual event approved by the Government of Peru and organized by the Peruvian Army, since 2007.

The exhibition is supported by the Ministry of Defense, the Peruvian Army, the Peruvian Navy, the Peruvian National Police Force, the Peruvian National and Security Associations and the Peruvian Government.

P&C International has been officially appointed by the show organizers to coordinate US companies at SITDEF, which will be held from 13 to 16 May 2021 in the Peruvian Army Headquarters (at Cuartel Gral Del Ejercito, San Borja, Lima, Peru).

Key Figures

2019 edition
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Exhibitors from 27 countries
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visitors from 15 countries
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country pavilions
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Official Delegations
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VIPs & Official Delegates
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WHY EXHIBIT?

Objectives of SITDEF

  • Bring together, at one event the most important businesses which produce & develop technology for Defense and Security and which enable modernization & development of the Peruvian Armed Forces, the National Police and Civil Defense.

  • Strengthen regional relationships with other countries; promoting business alternatives between national & international companies and encounters with potential clients, not only in Peru but also within South America.

  • Consolidate existing relationships in order to continue working towards innovation and development of common interests.

Summary


The Peruvian defense budget is set to register a CAGR of 2.53% over the forecast period and reach US$2.6 billion in 2024. 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 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.

The capital expenditure allocation is expected to decrease to an average of 5.8% during the forecast period which stood at an average of 9.9% during the historic period. Procurements that are expected to account for capital expenditure over the forecast period include frigates, multi-role aircraft, submarines, and main battle tanks (MBTs), TGS-MIL & TGM MIL, and BTR-82 APC among others. Consequently, the remaining budget will be allocated to personnel salaries, development programs for military personnel, and training.

Peruvian homeland security (HLS) expenditure is US$3.1 billion in 2019 and is expected to grow at a CAGR of 4.44% over the forecast period to reach US$4.0 billion in 2024. The budget of homeland security will be driven by police reforms and modernization, as well as the need to curb cocaine trafficking and organized crime.

Between 2014 and 2018, South Korea emerged as the largest supplier of military hardware to Peru, with a share of 33.9% of total defense imports, followed by Russia and Italy with 21.8% and 14.0% respectively. Aircraft accounted for the majority of defense imports with a share of 39.5% during the period 2014-2018. During the period 2014-2018, Peru acquired 32 Piranha APC, 16 MM-40-3 Exocet anti-ship SSM, 175 Spike-ERanti tank missile and C-27J Spartan transport aircraft. Other ongoing contracts include TGS and TGM MIL Rheinmetall MAN Military Vehicles and the modernization of four HDW 209/1200-class submarines.

Future of the Peruvian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024

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.


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.