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Air Defense System Market Share

Report ID: GMI2136
Published Date: Aug 2023
Report Format: PDF

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Air Defense System Market Share

Some of the major players operating in the air defense system market are

Saab AB
Israel Aerospace Industries Ltd.
Lockheed Martin Corporation
Leonardo S.P.A.
BAE Systems PLC
Rheinmetall AG
Thales Group
Kongsberg Gruppen
Raytheon Company
MBDA
Northrop Grumman Corporation
The Boeing Company
Aselsan A.S.
Hanwha Corporation
General Dynamics
Airbus Defence & Space
Rafael Advanced Defense Systems
L3Harris Technologies, Inc.
Diehl Defence

These players focus on strategic partnerships and new model launches & commercialization for market expansion. They are also heavily investing in research to introduce innovative technologies and garner maximum revenue in the market.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for air defense system was valued at USD 38.3 billion in 2022 and will register 7% CAGR from 2023-2032 due to the rising global air traffic and the expanding commercial aviation sector worldwide.

Air defense system market size from the missile defense system segment will witness 8% CAGR from 2023-2032 on account of the proliferation of nuclear weapons and their potential delivery via missiles.

North America market for air defense system registered 35% revenue share in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the allocation of substantial defense budgets in the region.

Saab AB, Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Leonardo S.P.A., BAE Systems PLC, Rheinmetall AG, Thales Group, Kongsberg Gruppen, and Raytheon Company are some of the major air defense system companies worldwide.