The global air defense system market accounted for US$ 35,478 Mn in 2021 and is expected to reach US$ 55,405 Mn by 2030 with a considerable CAGR of 5.1% during the forecast timeframe of 2022 to 2030.
An air defense system is a structure that is developed to eliminate or decrease the effectiveness of threatening air action. It's used to enhance the effectiveness and readiness of air defense and other military forces, whether operating alone or in a joint warfare context, by conducting research, development, engineering, testing, and analysis of current and future air defense and related technologies and services. The primary goal of the air defense system is to keep enemy air attacks from interfering with maneuver force operations. Field units and other strategic threats are protected from attacks by cruise missiles, fixed-wing ground-attack jetliners, and armed helicopters by air defense forces. Besides that, the Air defense system is based on a comprehensive and integrated use of airborne and/or field-based active and passive sensor systems, command and control centers, and various types of weapons. The air defense system serves as also used for a variety of operations such as air space surveillance using radars and electro-optic sensors.
Drivers
- Rising importance to locate airborne threats
- Growing need to track various wide-ranging aerial attacks
- High focus on R&D associated with air defense systems
- Development of new innovative technologies in the air defense system market
Restraints
- Limited customer bases and high involvement of government entities
- Heavy investment costs in the developing
Opportunities
- Growing government investments in air defense system projects
- Political insurgencies and cross border conflicts in the Asia Pacific
Report Coverage:
| Market |
Air Defense System Market |
| Market Size 2021 |
US$ 35,478 Mn |
| Market Forecast 2028 |
US$ 55,405 Mn |
| CAGR |
5.1% During 2022 - 2030 |
| Analysis Period |
2018 - 2030 |
| Base Year |
2021 |
| Forecast Data |
2022 - 2030 |
| Segments Covered |
By Component, By System, By Application, By Range, And By Geography
|
| Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled |
Hanwha Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Lockheed Martin Corporation, Bae Systems PLC, Thales Group, Rheinmetall AG, Kongsberg Gruppen, Aselsan A.S., The Boeing Company, and Israel Aerospace Industries Ltd. |
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
| Customization Scope |
10 hrs of free customization and expert consultation
|
Air Defense System Market Dynamics
The impending need for rapid modernization of defense forces with innovative air defense systems and strengthening national defense capability against increasing aerial threats such as drone swarms, ballistic missiles, military aircraft, and the latest hypersonic missiles is driving the growth. Increasing military expenditure for the improved performance and improvement of air and missile defense systems, as well as rising global instabilities around the world, are driving the market growth. Additionally, the vastly different nature of defense military operations has fueled the market growth. Furthermore, the growing advancement of air and anti-missile defense systems in emerging economies, as well as technological advancements, are expected to have an equal impact on the market's overall growth over the coming years. Apart from this, high investment costs in the development of air defense systems may stifle market growth.
Market Segmentation
Market By Component
- Weapon Systems
- Turret Systems
- Missile Launching System
- Fire Control Systems
- Air Defense Radar
- Electro-Optic & Laser Range Finder
- Control and Command (C2) Systems
Based on the components, the air defense system market is categorized into three types: missile defense systems, anti-aircraft systems, and C-RAM systems. The missile defense system segment accounted for the largest market during the forecast. Missile defense systems are a type of missile defense system that is designed to protect a country from incoming missiles such as intercontinental ballistic missiles and other ballistic missiles. Furthermore, missile defense refers to a weapon, system, or technology that detects, tracks, intercepts, and destroys attacking missiles. Besides that, the Counter Rocket, Artillery, and Mortar systems (C-RAM) are expected to be in high demand in the coming years, owing to their effectiveness in intercepting missiles while also raising timely alarms to protect operating bases.
Market By System
- Anti-aircraft System
- Missile Defense System
- Counter Rocket, Artillery & Mortar (C-RAM) System
Based on the systems, the anti-aircraft system garners the most attention in the air defense system market over the forecasting years. Anti-aircraft defense, also known as AA defense, is a military system intended to defend against air attacks. This system could use individual sea, land, or air-based technologies, or a coordinated combination of all three. Recently, HQ-9 is the most advanced of China's 3rd generation of anti-aircraft defense systems, and it is distinguished by high combat capabilities in a dynamic jamming environment, including the enemy's massive use of multiple means of air attack.
Market By Application
The market for air defense systems has been divided into three platforms: naval, land, and airborne. The land segment is expected to lead the market in 2021, accounting for more than half of the market. Technological advancements in short-range, moderate and guided missile systems are supporting the demand of the land segment of the market. However, air force bases, critical military infrastructure, strategic assets, and other ground-based platforms depend on layered air defense systems for all-around security against advanced symmetric and asymmetric attacks, including small, moderate aerial targets. Furthermore, military spending on the cutting-edge ground or field-based defense weapons, as well as the incorporation of machine intelligence in various weapon systems is expected to promote the evolution of next-generation ground defense systems during the projected timeframe.
Market By Range
- Short Range Air Defense System
- Medium Range Air Defense System
- Long Range Air Defense System
Based on the range, the long-range defense system segment is projected to dominate the market in 2021. Some of the major factors driving the growth of the global long-range air defense systems segment include an increase in military expenditure for the development of air defense systems, an increase in procurements of long-range air defense systems, changing nature of warfare, and an increase in geopolitical instabilities around the globe. Long-range missile strikes, intercontinental ballistic missiles, and asymmetric warfare are some of the factors driving the growth of the long-range defense (LRAD) system segment of the market. Furthermore, rising industrial growth and geopolitical tensions between China, India, and Pakistan are boosting the growth of LRAD systems.
Air Defense System Market Regional Overview
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Latin America
- Brazil
- Mexico
- Rest of Latin America
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
North America is expected to hold a sizable market share in 2021. The increase in military spending in the United States can be attributed to the market expansion of the North American air defense system. The addition of a new, advanced, and innovative defense system added to the existing, overage system will also have a massive influence on the market throughout the forecast period. Moreover, the rise of political insurgencies in the United States, China, and Russia will also benefit market growth. The United States is keeping a close watch on these nations' armed forces and is upgrading its defense systems accordingly. For example, the United States allocated a defense spending of USD 717 billion in 2019, 4.9 percent more than in previous years. As a result, the United States is the world's largest defense spender.
Competitive Landscape
Some of the prominent players in global air defense system market are Hanwha Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Lockheed Martin Corporation, Bae Systems PLC, Thales Group, Rheinmetall AG, Kongsberg Gruppen, Aselsan A.S., The Boeing Company, and Israel Aerospace Industries Ltd.
CHAPTER 1. Industry Overview of Air Defense System Market
1.1. Definition and Scope
1.1.1. Definition of Air Defense System
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Air Defense System market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Air Defense System Market By Component
1.2.3. Air Defense System Market By System
1.2.4. Air Defense System Market By Application
1.2.5. Air Defense System Market By Range
1.2.6. Air Defense System Market By Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Source
2.2.2. Primary Source
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Air Defense System Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Air Defense System Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2021
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2021
4.2. R&D Status of Air Defense System Major Manufacturers in 2021
CHAPTER 5. Air Defense System Market By Component
5.1. Introduction
5.2. Air Defense System Market Revenue By Component
5.2.1. Air Defense System Market Revenue (US$ Mn) and Forecast, By Component, 2018-2030
5.2.2. Weapon Systems
5.2.2.1. Weapon Systems Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
5.2.2.2. Turret Systems
5.2.2.2.1. Turret Systems Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
5.2.2.3. Missile Launching System
5.2.2.3.1. Missile Launching System Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
5.2.3. Fire Control Systems
5.2.3.1. Fire Control Systems Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
5.2.3.2. Air Defense Radar
5.2.3.2.1. Air Defense Radar Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
5.2.3.3. Electro-Optic & Laser Range Finder
5.2.3.3.1. Electro-Optic & Laser Range Finder Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
5.2.4. Control and Command (C2) Systems
5.2.4.1. Control and Command (C2) Systems Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
CHAPTER 6. Air Defense System Market Revenue By System
6.1. Introduction
6.2. Air Defense System Market Revenue (US$ Mn) By System
6.2.1. Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
6.2.2. Anti-aircraft System
6.2.2.1. Anti-aircraft System Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
6.2.3. Missile Defense System
6.2.3.1. Missile Defense System Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
6.2.4. Counter Rocket, Artillery & Mortar (C-RAM) System
6.2.4.1. Counter Rocket, Artillery & Mortar (C-RAM) System Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
CHAPTER 7. Air Defense System Market Revenue By Application
7.1. Introduction
7.2. Air Defense System Market Revenue (US$ Mn) By Application
7.2.1. Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
7.2.2. Land
7.2.2.1. Land Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
7.2.3. Naval
7.2.3.1. Naval Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
7.2.4. Airborne
7.2.4.1. Airborne Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
CHAPTER 8. Air Defense System Market Revenue By Range
8.1. Introduction
8.2. Air Defense System Market Revenue (US$ Mn) By Range
8.2.1. Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
8.2.2. Short Range Air Defense System
8.2.2.1. Short Range Air Defense System Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
8.2.3. Medium Range Air Defense System
8.2.3.1. Medium Range Air Defense System Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
8.2.4. Long Range Air Defense System
8.2.4.1. Long Range Air Defense System Market Revenue (US$ Mn) and Growth Rate (%), 2018-2030
CHAPTER 9. North America Air Defense System Market By Country
9.1. North America Air Defense System Market Overview
9.2. U.S.
9.2.1. U.S. Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
9.2.2. U.S. Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
9.2.3. U.S. Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
9.2.4. U.S. Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
9.3. Canada
9.3.1. Canada Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
9.3.2. Canada Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
9.3.3. Canada Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
9.3.4. Canada Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
9.4. North America PEST Analysis
CHAPTER 10. Europe Air Defense System Market By Country
10.1. Europe Air Defense System Market Overview
10.2. U.K.
10.2.1. U.K. Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
10.2.2. U.K. Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
10.2.3. U.K. Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
10.2.4. U.K. Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
10.3. Germany
10.3.1. Germany Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
10.3.2. Germany Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
10.3.3. Germany Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
10.3.4. Germany Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
10.4. France
10.4.1. France Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
10.4.2. France Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
10.4.3. France Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
10.4.4. France Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
10.5. Spain
10.5.1. Spain Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
10.5.2. Spain Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
10.5.3. Spain Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
10.5.4. Spain Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
10.6. Rest of Europe
10.6.1. Rest of Europe Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
10.6.2. Rest of Europe Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
10.6.3. Rest of Europe Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
10.6.4. Rest of Europe Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
10.7. Europe PEST Analysis
CHAPTER 11. Asia-Pacific Air Defense System Market By Country
11.1. Asia-Pacific Air Defense System Market Overview
11.2. China
11.2.1. China Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
11.2.2. China Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
11.2.3. China Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
11.2.4. China Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
11.3. Japan
11.3.1. Japan Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
11.3.2. Japan Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
11.3.3. Japan Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
11.3.4. Japan Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
11.4. India
11.4.1. India Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
11.4.2. India Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
11.4.3. India Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
11.4.4. India Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
11.5. Australia
11.5.1. Australia Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
11.5.2. Australia Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
11.5.3. Australia Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
11.5.4. Australia Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
11.6. South Korea
11.6.1. South Korea Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
11.6.2. South Korea Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
11.6.3. South Korea Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
11.6.4. South Korea Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
11.7. Rest of Asia-Pacific
11.7.1. Rest of Asia-Pacific Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
11.7.2. Rest of Asia-Pacific Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
11.7.3. Rest of Asia-Pacific Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
11.7.4. Rest of Asia-Pacific Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
11.8. Asia Pacific PEST Analysis
CHAPTER 12. Latin America Air Defense System Market By Country
12.1. Latin America Air Defense System Market Overview
12.2. Brazil
12.2.1. Brazil Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
12.2.2. Brazil Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
12.2.3. Brazil Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
12.2.4. Brazil Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
12.3. Mexico
12.3.1. Mexico Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
12.3.2. Mexico Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
12.3.3. Mexico Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
12.3.4. Mexico Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
12.4. Rest of Latin America
12.4.1. Rest of Latin America Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
12.4.2. Rest of Latin America Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
12.4.3. Rest of Latin America Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
12.4.4. Rest of Latin America Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
12.5. Latin America PEST Analysis
CHAPTER 13. Middle East & Africa Air Defense System Market By Country
13.1. Middle East & Africa Air Defense System Market Overview
13.2. GCC
13.2.1. GCC Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
13.2.2. GCC Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
13.2.3. GCC Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
13.2.4. GCC Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
13.3. South Africa
13.3.1. South Africa Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
13.3.2. South Africa Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
13.3.3. South Africa Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
13.3.4. South Africa Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
13.4. Rest of Middle East & Africa
13.4.1. Rest of Middle East & Africa Air Defense System Market Revenue (US$ Mn) and Forecast By Component, 2018-2030
13.4.2. Rest of Middle East & Africa Air Defense System Market Revenue (US$ Mn) and Forecast By System, 2018-2030
13.4.3. Rest of Middle East & Africa Air Defense System Market Revenue (US$ Mn) and Forecast By Application, 2018-2030
13.4.4. Rest of Middle East & Africa Air Defense System Market Revenue (US$ Mn) and Forecast By Range, 2018-2030
13.5. Middle East & Africa PEST Analysis
CHAPTER 14. Player Analysis Of Air Defense System Market
14.1. Air Defense System Company Share Analysis
14.2. Competition Matrix
14.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
14.2.2. Product Launches and Product Enhancements
14.2.3. Mergers And Acquisition In Global Air Defense System Market
14.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 15. Company Profile
15.1. Hanwha Corporation
15.1.1. Company Snapshot
15.1.2. Business Overview
15.1.3. Financial Overview
15.1.3.1. Market Revenue (US$ Mn), 2021
15.1.3.2. Hanwha Corporation 2021 Air Defense System Business Regional Distribution
15.1.4. Product/service and Specification
15.1.5. Recent Developments & Business Strategy
15.2. Northrop Grumman Corporation
15.3. Raytheon Technologies Corporation
15.4. Saab AB
15.5. Lockheed Martin Corporation
15.6. Bae Systems PLC
15.7. Thales Group
15.8. Rheinmetall AG
15.9. Kongsberg Gruppen
15.10. Aselsan A.S.
15.11. The Boeing Company
15.12. Israel Aerospace Industries Ltd.
