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Chile Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2021-2026

Chile 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.

Chile’s defense budget is rapidly changing, reflecting the ongoing political and economic upheaval taking place within the state. In 2017 the Ministry of Defense’s budget totalled $2.63 billion. This figure remained relatively stable over the following two years before falling by 15.2% to $2.16 billion in 2020, and again by 40.1% to $1.29 billion in 2021. The defense budget will recover and stabilize from 2022 and over the rest of the forecast period.

This report offers detailed analysis of the Chilean defense market 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.

Key Highlights

– Huge political reforms and the repeal of the Copper Laws are impacting Chile's defense budget

– The budget will recover over the forecast period, as Chile settles into the new political status quo and recovers from the effects of COVID-19

– Border disputes and the extreme geographies of Chile drive defense spending

– Major procurement programs include the KC-390 and new diesel electric submarines

Who Should Buy

– Defence Startups, Original Equipment Manufacturers (OEMs), Defence Planners, Aerospace and Defence Integrators, Venture Capital Firms, Government Agencies, Head of Marketing, Head of Sales, CEOs and Senior Executives.

– The concerned stakeholders can utilize the report to identify high growth segments and customize their offerings to match the project requirements.

– The Venture Capital Firms can utilize the project details, growth rate, and market size to identify and fund high potential startups.


In particular, it provides an in-depth analysis of the following –

– Chile's defense budget: detailed analysis of Chile's FY2021 defense budget broken down into market size and market share. This is coupled with an examination of key current and future acquisitions.

– Regulation: the procurement policy and process is explained. This is coupled with an analysis of Chile's military doctrine and strategy to provide a comprehensive overview of Chilean military regulation.

– Security Environment: political alliances and perceived security threats to Chile are examined; there help to explain trends in spending and modernisation.

– Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years

– Competitive landscape and strategic insights: analysis of the competitive landscape of Chile's defense industry.

Reasons to Buy

– Determine prospective investment areas based on a detailed trend analysis of the Israel defense market over the next five years

– Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the Israel market and identify the opportunities offered.

– Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others

– Identify the major threats that are driving the Israel defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion

– Channel resources by focusing on the ongoing programs that are being undertaken by the Israel government

– Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available

Key Players

Embraer SA

ASMAR Shipyards


Quinenco SA



Vard Marine Inc






General Electric Co

Table of Contents

Table of Contents

Executive Summary

Defense Budget Assessment

Budgeting Process

Political Situation of Chile

Defense Market Size Historical And Forecast

Analysis Of Defense Budget Allocation

Off-Budget Military Transactions

Drivers of Defense Expenditure

Key Market Trends and Insights

Military Doctrine And Security Environment

Military Doctrine And Strategy

Political And Strategic Alliances

Market Entry Strategy And Regulations

Procurement Bodies

Special Registry and Trade Associations

Funding Opportunities

Types of Contracts and Opportunities

Market Regulations

Market Entry Routes

Key Challenges

Major M&A, Financing and Partnerships of the Chile’s Defense Market

Market Attractiveness And Emerging Opportunities

Market Attractiveness, 2020-2025

Top Defense Segments By Value

Import And Export Market Dynamics

Import Market Dynamics

Defense Platform Acquisitions


New Diesel Electric Submarine

Amphibious and Military Transport Vessel

NP300 Navara

Fleet Size

Competitive Landscape

Defense Companies Operating In Chile

Main Defense Companies


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