Brazil Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2024-2029

Brazil Defense Market - Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2024-2029 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.

The Brazilian defense budget amounted to $24.7 billion in 2024, having registered a CAGR of 2.9% during the historic period. As Brazil was faced with the economic crisis with sluggish economic growth even before the pandemic hit, this led to cuts throughout the historic period, particularly in 2020 to divert funds toward the healthcare sector, which was reeling under the pressure of COVID-19’s effects. With the Brazilian economy steadily recovering, it is anticipated that a greater allocation of funds will be set aside for the defense sector over the forecast period. It is forecast that the defense budget will increase from $25.4 billion in 2025 to $27.5 billion in 2029 at a CAGR of 2%.

Key Highlights

• Drivers of Defense expenditure include Drug trafficking and organized crime, Modernization of the armed forces
• Major ongoing procurement program include procurement of F-39 E/F Gripen fighter aircraft program, Centauro II, VBTP-MR Guarani

Scope

This report offers a detailed analysis of the Brazil 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.

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

• Brazil's defense budget: detailed analysis of Brunei's 2024 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 Brazil's military doctrine and strategy to provide a comprehensive overview of Brazil's military procurement regulation.
• Security Environment: political alliances and perceived security threats to Brunei are examined; they help to explain trends in spending and modernisation.
• Competitive landscape and strategic insights: analysis of the competitive landscape of Brazil's defense industry.

Reasons to Buy

• Determine prospective investment areas based on a detailed trend analysis of the Brazil 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 Brazil 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 Brazil 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 Brazil 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