Air Defense Systems Market by Type and Geography - Forecast and Analysis 2022-2026

The air defense systems market share is expected to increase by USD 9.60 billion from 2021 to 2026, at a CAGR of 5.21%.

This air defense systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers air defense systems market segmentations by type (land-based, sea-based, and air-based) and geography (North America, APAC, Europe, South America, and Middle East and Africa). The air defense systems market report also offers information on several market vendors, including Almaz -Antey Air and space defense corp., ASELSAN AS, BAE Systems Plc, Elbit Systems Ltd., General Dynamics Corp., Hanwha Aerospace CO. LTD., Israel Aerospace Industries Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corp., Rheinmetall AG, Saab AB, Thales Group, The Boeing Co., and General Atomics among others.

What will the Air Defense Systems Market Size be During the Forecast Period?

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Air Defense Systems Market: Key Drivers, Trends, and Challenges

The increasing lethal threats posed by UAVs is notably driving the air defense systems market growth, although factors such as threats due to supply chain complexities may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the air defense systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Air Defense Systems Market Driver

The increasing lethal threats posed by UAVs is one of the key drivers supporting the air defense systems market growth. The increasing number of territorial disputes between countries has resulted in an increased focus on maritime warfare, which has made it necessary for naval agencies to enhance their target acquisition capabilities by acquiring and deploying advanced UAVs and associated payloads and subsystems. There has also been an increase in the commercial availability of UAVs, which are easy to make, less costly to buy, simple to fly, and hard to detect. This has made them easily accessible to individual terrorists and small-scale terrorist organizations for use in cross-border infiltration as well as local subversive activities, posing a global threat to national and commercial security. Such advancements toward the lethal use of UAVs have stimulated the growth of the global air defense systems market.

Key Air Defense Systems Market Trend

The collaborative logistics approach is one of the key trends contributing to the air defense systems market growth. Geopolitical instability due to political unrest, violence, and others in various parts across the world were the key considerable issues in the contemporary military agenda of the international community between 2010-2015. The MEA has been a prime focus of US foreign and defense policies since 2010, owing to their geographical importance. Countries in this region have also shown signs of collaborations related to military transportation and logistics. In addition, the US Army maintains a strong military, security, intelligence, and diplomatic relationship with various countries in the MEA. As a result of significant investments in the development of infrastructure and state-owned enterprises, such as ports, airports, and ships, the UAE has evolved as a strategic partner for many countries. These facilities serve as a valuable resource for foreign military organizations. Such factors are driving the air defense systems market growth.

Key Air Defense Systems Market Challenge

Threats due to supply chain complexities is one of the factors hindering the air defense systems market growth. For instance, the Russian President signed an executive order approving a new and enhanced national security strategy in 2016. As per the strategy, Russia identifies the US and its coalition forces as a potential threat to national security. However, the manufacturing of air defense systems is becoming difficult due to the complexities faced in sourcing and transportation. The complexities and threats in the military supply chain can result in visibility gaps. Fore casting all the requirements is very difficult for defense organizations. This problem faced by defense organizations also affects the forecast of their service requirements by defense logistics players, which ultimately leads to visibility gaps across the entire defense logistics supply chain. Therefore, such complexities will adversely impact market growth during the forecast period.

This air defense systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global air defense systems market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the air defense systems market during the forecast period.

Who are the Major Air Defense Systems Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Almaz -Antey Air and space defense corp.
• ASELSAN AS
• BAE Systems Plc
• Elbit Systems Ltd.
• General Dynamics Corp.
• Hanwha Aerospace CO. LTD.
• Israel Aerospace Industries Ltd.
• Kongsberg Gruppen ASA
• L3Harris Technologies Inc.
• Leonardo Spa
• Lockheed Martin Corp.
• Northrop Grumman Corp.
• Rafael Advanced Defense Systems Ltd.
• Raytheon Technologies Corp.
• Rheinmetall AG
• Saab AB
• Thales Group
• The Boeing Co.
• General Atomics

 

This statistical study of the air defense systems market encompasses successful business strategies deployed by the key vendors. The air defense systems market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• Israel Aerospace Industries Ltd. - Under the defense, space, and electronics products, the company offers a wide range of products including space systems, remotely piloted aerial systems, naval systems, commercial aircraft, maintenance, repair, and overhaul (MRO) and conversion, theater defense, military aircraft and helicopter upgrade, ISR systems, land systems, homeland security, and cyber solutions. 
• Israel Aerospace Industries Ltd. - The company is involved in offering wide range of air defense system such as arrow 3, arrow 2, barax mx system among others which detects, tracks, intercepts and destroys incoming tactical ballistic missiles to carry a range of warheads and over a large footprint, thereby protecting strategic assets and population centers. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The air defense systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Air Defense Systems Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the air defense systems market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Air Defense Systems Market?

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34% of the market's growth will originate from North America during the forecast period. The US is the key market for the air defense systems market in North America. Market growth in this region will be slower than the growth of the market in other regions.

The US has collaborated with Israel on developing an advanced interceptor, which will facilitate the air defense systems market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

 In 2020, the outbreak of COVID-19 affected all countries in North America, especially the US. However, the growth of the regional market is expected to stabilize during the forecast period, as ongoing vaccination drives have started. Such factors are expected to drive the air defense systems market growth during the forecast period.

What are the Revenue-generating Type Segments in the Air Defense Systems Market?

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The air defense systems market share growth by the land-based segment will be significant during the forecast period. Land-based air defense systems are used to protect army and air force bases as well as land-based assets from aerial threats like missiles, UAVs, and drones. They comprise two major components, namely mobile devices in the air and composite installations on the ground. Composite installations that are on the ground are part of battle emergency management control systems (BEMCS) that detect any intruders into the airspace or threat remotely. Infrared (IR) signals from aircraft help detect and track the threat. Earlier land-based air defense systems used to be short-range, but with the advances in technology, threats can be tracked and destroyed at medium range as well in all weather conditions. Such advancements in technology will drive the segment growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the air defense systems market size and actionable market insights on post COVID-19 impact on each segment.

 

Air Defense Systems Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Decelerate at a CAGR of 5.21%
Market growth 2022-2026	$ .9.60 billion
Market structure	Fragmented
YoY growth (%)	5.78
Regional analysis	North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution	North America at 34%
Key consumer countries	US, China, India, Russia, and France
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Almaz -Antey Air and space defense corp., ASELSAN AS, BAE Systems Plc, Elbit Systems Ltd., General Dynamics Corp., Hanwha Aerospace CO. LTD., Israel Aerospace Industries Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corp., Rheinmetall AG, Saab AB, Thales Group, The Boeing Co., and General Atomics
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Air Defense Systems Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive air defense systems market growth during the next five years
• Precise estimation of the air defense systems market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the air defense systems industry across North America, APAC, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of air defense systems market vendors

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