Global Air Defense Systems
Market Report
2024
Air Defense System Market size will be USD 52.5 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Air Defense System Market size will be USD 52.5 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Air Defense Systems Market Sales Revenue 2024 | $ 52.5 Billion |
Global Air Defense Systems Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.6% |
Market Split by System |
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Market Split by Platform |
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Market Split by Range |
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Market Split by Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Air Defense Systems Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Air defense systems are terrestrial, airborne, and marine-based technology used by defense forces to protect against a wide range of missiles, including cruise and ballistic missiles. The demand for air defense systems has increased significantly as conflicts and war-like conditions have spread over the world. Air defense systems protect national assets and populations against missile threats. Modern warfare has developed to include more lethal, secretive, and agile adversaries. As the nature of warfare has changed, countries have increasingly invested in defensive spending, resulting in the creation of several air defense systems. Large defense businesses around the world are currently making significant investments in the development of missile defense systems. Moreover, The air defense system market is growing due to factors such as increased cross-border conflicts, technological advancements in weapon systems, the use of new-age weaponry such as drones, and increased defense budget expenditure.
Integration of Advanced Technology - The air defence system market is seeing an increase in the integration of modern technologies such as artificial intelligence (AI), machine learning (ML), and data analytics. These technologies are being used to increase the effectiveness of air defence systems by allowing for faster threat detection, better situational awareness, and speedier decision-making. AI and machine learning algorithms can analyse massive volumes of data from a variety of sources, including radar systems, satellites, and sensors, to detect possible threats and separate them from false alarms. This trend represents a shift towards automated and intelligent air defence systems that can adapt to changing threat scenarios. Rising Security Concerns
Budget constraints International Export Regulations
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In June, 2023, L3Harris Technologies Inc. acquired AeroDefense, Inc., a well-known provider of radar technology for air defence purposes. Through this acquisition, L3Harris will strengthen its industry position and expand its offering of air defence systems.
(Source: https://spacenews.com/l3harris-to-acquire-aerojet-rocketdyne-for-4-7-billion/)
Top Companies Market Share in Air Defense Systems Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America is the largest market for Air Defence Systems, owing to strong US military investment and the presence of important competitors in the region. The US Army is now undergoing a massive modernization effort to improve the capabilities of its air defense systems, including Manoeuvre short-range air defense (M-SHORAD) and initial maneuver short-range air defense. General Dynamics Land Systems is the primary integrator, with a USD 1.2 billion contract to manufacture and deliver the system by October 2023.
Europe has emerged as the fastest-growing region in the air defense system industry. This expansion is being driven by NATO's collective defense plans, Russia's military activity in the region, and the need to improve capabilities against changing aerial threats. European countries are boosting their investments in integrated air and missile defense systems, as well as anti-drone technologies, to maintain national security and deter prospective attackers.
The current report Scope analyzes Air Defense Systems Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Air Defense Systems Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Air Defense Systems Industry growth. Air Defense Systems market has been segmented with the help of its System, Platform Range, and others. Air Defense Systems market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the Missile Defense System is currently the most dominant segment. This sector has a sizable market share because of the expanding dangers posed by ballistic missiles and the increased emphasis on countering them. Governments and defense organizations worldwide are spending extensively on advanced missile defense systems to secure their territories and assets.
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Air Defense Systems from 2019 to 2031. This will also help to analyze the demand for Air Defense Systems across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Platform of Air Defense Systems are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Associate at Cognitive Market Research
Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.
Anjali is a results-driven research analyst with a passion for transforming complex information into strategic insights. Grounded in a solid expertise in research and analysis in aerospace and defence category. She thrive on the challenges of data exploration and analysis.Her goal is to provide organizations with the actionable intelligence they need to navigate an ever-evolving business landscape and succeed in their business goals.
In her current role, Anjali manages research for aerospace and defence category, leading pivotal research initiatives, delving into market trends, consumer behavior, and competitive landscapes. She possess a proven ability to decipher intricate datasets, employing statistical models and visualization tools to deliver strategic insights. Collaborating seamlessly with cross-functional teams.She played a key role in shaping successful business strategies grounded in robust research.She dedicated to staying at the forefront of research methodologies and industry advancements. Anjali remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Air Defense Systems Market is witnessing significant growth in the near future.
In 2023, the Missile Defense Systems segment accounted for noticeable share of global Air Defense Systems Market and is projected to experience significant growth in the near future.
The Land-Based segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies RTX Corporation , Rheinmetall AG and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
System | Missile Defense Systems, Anti-aircraft Systems, Counter Unmanned Aerial Systems (C-UAS), Counter-RAM Systems |
Platform | Land-Based, Air-Based, Sea-Based |
Range | Long-Range Air Defense Systems, Medium-Range Air Defense Systems, Short-Range Air Defense Systems |
Type | Threat Detection, Countermeasures |
List of Competitors | RTX Corporation, IAI, Rheinmetall AG, THALES, Lockheed Martin Corporation, Saab AB, Leonardo S.p.A., Kongsberg Gruppen ASA, Northrop Grumman Corporation, The Boeing Company, ASELSAN A.S., Hanwha Systems Co. Ltd., Rafael Advanced Defense Systems Ltd. |
This chapter will help you gain GLOBAL Market Analysis of Air Defense Systems. Further deep in this chapter, you will be able to review Global Air Defense Systems Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation System Analysis 2019 -2031, will provide market size split by System. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by System Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Platform Analysis 2019 -2031
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Chapter 12 Market Split by Range Analysis 2019 -2031
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Chapter 13 Market Split by Type Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Air Defense Systems market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Missile Defense Systems have a significant impact on Air Defense Systems market? |
What are the key factors affecting the Missile Defense Systems and Anti-aircraft Systems of Air Defense Systems Market? |
What is the CAGR/Growth Rate of Land-Based during the forecast period? |
By type, which segment accounted for largest share of the global Air Defense Systems Market? |
Which region is expected to dominate the global Air Defense Systems Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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