Air defense system

Global Air Defense System Market Size, by Type (Missile Defense System, Anti-aircraft System), Range (Long Range, Medium Range), Platform, Component & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2026

Category: Aerospace and Defense     ID: IRP1739     Date: Aug, 2020
The air defense system specializes in anti-aircraft weapons and includes defensive techniques to protect against enemy aircraft, UAVs, and missiles. This system is critical to achieving protection against ballistic missiles and other airborne threats. The air defense system is used for numerous operations, which include surveillance of air space with the help of radars and electro-optic sensors. The major components of any air defense system include a fire control system, weapon system, and command & control (C2) system, among others.
With the technological advancement in missile systems, the air defense system has been significantly evolved. This advancement is attributable to the increasing investment by major industry players in R&D activities to develop an advanced defense system. For instance, one of the key players of the market, Lockheed Martin Corporation, invested USD 1.3 billion in R&D activities in 2018. The company has been observed to be increasing its investment in research and development activities in the past few years. The primary component of an air defense system includes a weapon system, which missile launching systems and comprises turret systems. The air defense system also includes a fire control system that comprises air defense radars and electro-optic sensors & laser range finders for detecting and spotting ballistic missiles and other airborne threats.
Furthermore, the growing military expenditure and rising geopolitical tension among the nations are some of the key factors propelling the demand for the air defense system. Moreover, the ever-increasing use of unmanned aerial vehicles is forcing various countries to focus more on the procurement of anti-aircraft systems to enhance their border protection and be prepared to tackle the rising nuclear threats worldwide. However, the high cost involved in the development of this kind of system and regulatory challenges related to the transfer and procurement of arms is some of the factors which may restraint market growth. Meanwhile, the increasing development and deployment of air and missile defense systems in emerging economies are some of the key factors that may create lucrative opportunities for the market players.
The global air defense system market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2026, at a CAGR of XX% during 2018 to 2026. Scope of global air defense system market includes by type (missile defense system, anti-aircraft system, counter rocket, artillery, and mortar (c-ram) system), by range (long range, medium range), by platform (airborne, land, naval), by component (weapon system, fire control system, command and control system, and other), and by region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).

The global air defense system market is primarily segmented by type, range, component, and region.

In terms of type, the market is split into:
* Missile Defense System
* Anti-aircraft System
* Counter Rocket, Artillery, and Mortar (C-RAM) System

In terms of range, the market is divided into:
* Long Range
* Medium Range
* Short Range

On the basis of the platform, the market is split into:
* Airborne
* Land
* Naval

In terms of component, the market is segmented into:
* Weapon System
* Fire Control System
* Command and Control System
* Other

The market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
* Saab AB
* Israel Aerospace Industries Ltd.
* Lockheed Martin Corporation
* Leonardo S.P.A.
* BAE Systems PLC
* Rheinmetall AG
* Thales Group
* Kongsberg Gruppen
* Raytheon Company
* Northrop Grumman Corporation
* The Boeing Company
* Aselsan A.S.
* JSC Concern Vko \"Almaz-Antey\"
* Hanwha Corporation

These enterprises have been focusing on development strategies, such as expansions, new Type launches, agreements & partnerships, and acquisitions to expand their Component across the globe.
Key Benefits of the Report:
* Global, regional, country, type, component, and range market size and their forecast from 2015-2026
* Identification and detailed analysis and insights on key market dynamics, such as drivers, opportunities, restraints, and challenges influencing the growth of the market
* Detailed analysis an insights on industry outlook with market specific PESTLE analysis, Porter’s Five Forces analysis, and Value Chain analysis, to achieve a better understanding of the market and prepare expansion strategies
* Identification and comprehensive analysis of key market players and their market share, detailed financial positions, key Types, core competencies, and unique selling points
* Identification and analysis of Key players’ competitive developments and strategic initiatives, such as mergers, joint ventures, sales contracts, and new Type introduction in the market
* Expert interviews and their insights on current and future outlook, market shift, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, type, component, and range with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of air defense system
* Owing to the volatility seen in the market due to the Global COVID-19 pandemic, businesses around the globe wish to know the impact on their market and how this changes the projections for 2020 and the forthcoming years. Orian Research is in talks with seasoned market analysts and key note speakers to understand the impact of COVID 19 on markets and factors that will bring in stability in the foreseeable future

Target Audience:
* Air Defense System manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white Long Ranges, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and Typeion capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes

Project Analysis

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