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Air Defense System Market Trends

  • Report ID: GMI2136
  • Published Date: Dec 2024
  • Report Format: PDF

Air Defense System Market Trends

The air defense system industry continues to evolve as new threats emerge and technology advances. Defense systems now integrate air, land, and sea capabilities to provide complete protection. Countries are investing in technologies to track and intercept hypersonic missiles through improved sensors and interceptors. The industry has adopted digital twin technology to simulate and improve defense strategies in real-time. The use of quantum computing has enhanced radar capabilities and communication security, making it easier to detect and respond to stealth and electronic warfare threats. Additionally, defense organizations are deploying more space-based surveillance systems, using satellites to detect and track aerial threats over large areas. These developments show how industry is building stronger and more flexible systems to handle modern military challenges.
 

For instance, in December 2024, the Pentagon is nearing the completion of its new Long-Range Hypersonic Weapon (LRHW) system, Dark Eagle, poised to redefine the landscape of hypersonic warfare. The system incorporates a two-stage ballistic missile equipped with a booster rocket and the Common Hypersonic Glide Body (C-HGB), capable of achieving speeds exceeding Mach 5. This capability significantly challenges traditional air defense systems, rendering them largely ineffective. Initial prototypes of the system were reportedly delivered to the U.S. Army in 2021, marking a critical step in advancing hypersonic strike technologies.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The global market size for air defense system was valued at USD 46.3 billion in 2024 and is projected to reach USD 80.1 billion by 2034, driven by a CAGR of 5.7% during the forecast period, fueled by increasing digitalization and rising defense budgets globally.

The MRAD system segment accounted for over 52.5% of the market share in 2024 and is expected to grow significantly, driven by advancements in radar and sensor technologies and its integration with air, land, and sea-based defense platforms.

The North America market is expected to surpass USD 25.5 billion by 2034, driven by heavy investments in countering hypersonic missiles and advancements in space-based surveillance and radar technologies.

Major players in the industry include BAE Systems, Bharat Dynamics, Boeing, General Dynamics, Hanwha Systems, Harris Technologies, Israel Aerospace Industries, Leonardo, Lockheed Martin, and Northrop Grumman.

Air Defense System Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 15
  • Tables & Figures: 314
  • Countries covered: 18
  • Pages: 220
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