The latest research study “Air Defense Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global air defense systems market size reached US$ 42.37 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 57.86 Billion by 2027, exhibiting a growth rate (CAGR) of 5.20% during 2022-2027.
Air defense systems are advanced technologies that are used for intercepting, detecting, tracking, attacking, and destroying ballistic missiles or enemy aircraft. They can be of various types, such as missile defense systems, counter unmanned aerial systems (C-UAS), anti-aircraft systems, counter rockets, artillery and mortar (C-RAM) systems, etc. These air defense systems aid in nullifying incoming targets and protecting army bases, mobile platforms, and land-based fixed assets, from combat aircraft, unmanned air vehicles (UAVs), rockets, and guided munition. They are even equipped with electro-optic radars and sensors, which make them ideal for numerous air space surveillance operations. As a result, air defense systems are extensively utilized in the military and defense segments across the globe.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Air Defense Systems Market Trends and Drivers:
Air defense systems are advanced technologies that are used for intercepting, detecting, tracking, attacking, and destroying ballistic missiles or enemy aircraft. They can be of various types, such as missile defense systems, counter unmanned aerial systems (C-UAS), anti-aircraft systems, counter rockets, artillery and mortar (C-RAM) systems, etc. These air defense systems aid in nullifying incoming targets and protecting army bases, mobile platforms, and land-based fixed assets, from combat aircraft, unmanned air vehicles (UAVs), rockets, and guided munition. They are even equipped with electro-optic radars and sensors, which make them ideal for numerous air space surveillance operations. As a result, air defense systems are extensively utilized in the military and defense segments across the globe.
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Air Defense Systems Market Report Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Aselsan A.S. (Turkish Armed Forces Foundation), BAE Systems plc, Hanwha Group, Israel Aerospace Industries Ltd., Kongsberg Gruppen ASA, Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Rheinmetall AG, Saab AB, Thales Group and The Boeing Company.
The report has been segmented the market into following categories:
Breakup by Component:
- Weapon System
- Fire Control System
- Command and Control System
- Others
Breakup by Type:
- Missile Defense Systems
- Anti-aircraft Systems
- Counter Unmanned Aerial Systems (C-UAS)
- Counter Rocket, Artillery and Mortar (C-RAM) Systems
Breakup by Platform:
- Airborne
- Land
- Naval
Breakup by Range:
- Long-range Air Defense System (LRAD)
- Medium-range Air Defense System (MRAD)
- Short-range Air Defense System (SHORAD)
By Geography:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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