Global Air Defense Systems Market 2022-2026

Global Air Defense Systems Market 2022-2026

Technavio has been monitoring the air defense systems market and it is poised to grow by $ 9.60 bn during 2022-2026 decelerating at a CAGR of 5.21% during the forecast period. Our report on air defense systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing lethal threats posed by UAVs, increase in border security threats, and increased investment in innovation in air defense systems.

The air defense systems market analysis includes the type segment and geographic landscape.

Technavio's air defense systems market is segmented as below:

By Type

• Land-based
• Sea-based
• Air-based

By Geographical Landscape

• North America
• APAC
• Europe
• South America
• Middle East and Africa

This study identifies the collaborative logistics approach as one of the prime reasons driving the air defense systems market growth during the next few years. Also, technological advancements in air defense system capabilities and the incorporation of artificial intelligence (AI) technology will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on air defense systems market covers the following areas:

• Air defense systems market sizing
• Air defense systems market forecast
• Air defense systems market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading air defense systems market vendors that include 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. Also, the air defense systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

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