IMARC Group, a leading market research company, has recently releases report titled “Air Defense Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global air dhttps://www.imarcgroup.com/air-defense-systems-marketefense systems market growth, share, size, trends, and report forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global air defense systems market size reached US$ 44.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 60.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.07% during 2023-2028.

What are Air defense systems?

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.

What are the growth prospects and trends in the Air Defense Systems Industry:

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.

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)

Breakup By Region:

  • 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

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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