Colombia Defense Market Share

Statistics for the 2023 & 2024 Colombia Defense market share, created by Mordor Intelligence™ Industry Reports. Colombia Defense share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Colombia Defense Industry

The Colombia defense market is consolidated. Most of the players operating in the country are state-owned players with significant government investments in these companies. INDUMIL, CIAC, CODALTEC, and COTECMAR are some of the major players in the Colombia defense market. The country exercises stringent regulations against the privatization of the defense sector. This creates a huge market entry barrier for new entrants instead of helping the localization of the defense market. It can also reduce the market growth rate and slow down the government-owned defense companies in the country.

Colombia Defense Market Leaders

  1. INDUMIL

  2. COTECMAR

  3. Textron Inc.

  4. Lockheed Martin Corporation

  5. Naval Group

*Disclaimer: Major Players sorted in no particular order

Colombia Defense Market Concentration

Colombia Defense Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)