The Americas Air Defense Systems Market size is estimated at USD 6.71 billion in 2024, and is expected to reach USD 10.20 billion by 2029, growing at a CAGR of 7.25% during the forecast period (2024-2029).
Americas air defense systems market is semi-consolidated with the presence of many prominent players competing for a larger market share. Some of the prominent players in the market are RTX Corporation, Northrop Grumman Corporation, The Boeing Company, Lockheed Martin Corporation, Israel Aerospace Industries Ltd, among others. The market is witnessing a significant investment in research and development of advanced air-defense systems.
To cater to the increasing demand for interceptor missiles and air defense systems, defense contractors are forming strategic partnerships to enhance their technical capabilities. These collaborations will help these players attract new customers and increase their market presence and share in the region during the forecast period.
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