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Air Defense System Market Trends

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

Air Defense System Market Trends

Air defense systems were increasingly incorporating advanced sensors such as Active Electronically Scanned Array (AESA) radars, which provide better detection and tracking capabilities. These integrated sensors enhance situational awareness and allow for more accurate target identification. With the rise of Unmanned Aerial Systems (UASs) and drones, air defense systems are now integrated with specific counter-UAS capabilities. These systems aim to detect, track, and neutralize small drones & quadcopters, which can pose security threats. The market is witnessing a trend toward multi-layered defense, which involves the combining of different types of air defense systems, such as short-range & long-range missile systems, with ground-based radars and airborne early warning platforms. This approach aims to create a more comprehensive and effective defense against a wide range of threats.

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.

Air Defense System Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 314
  • Countries covered: 22
  • Pages: 200
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