Market Overview:
The global short-range air-defence missile systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for short-range air defence systems from defence and homeland security applications across the globe. Additionally, the increasing investments by governments in modernising their armed forces is also fuelling the growth of this market. The man-portable air defence systems segment is expected to account for a major share of the global short-range air defence missile systems market during the forecast period. This can be attributed to their low cost and easy deployment compared with other types of short-range air defence missiles.
Product Definition:
Short-range air-defence missile systems are surface-to-air missile (SAM) systems that are designed to engage and destroy aircraft or cruise missiles within a range of about 10 to 50 km. Short-range air defence (SHORAD) is the term given to NATO's requirement for a system that can protect troops and critical assets from low and medium altitude threats, such as attack helicopters, unmanned aerial vehicles (UAVs), and short range ballistic missiles. The importance of short range air defence missile systems lies in their ability to protect ground troops from enemy aircraft or missiles in the close battle space.
Man-Portable Air-Defense Systems:
The global man-portable air-defense systems market size was valued at USD 2.08 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing need for short range air defense missiles, surface-to-air missiles, and antiaircraft guns are propelling the demand for man portable air defense systems across the world.
Stationary/Platform-Mounted Air-Defense Systems:
Stationary/Platform-mounted air-defense systems are used in short range air-defence missile systems. The global market size was valued at USD 4,700 million in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024. Increasing cross border tensions and terrorist activities across the globe has led the governments of various countries to strengthen their military forces with an aim to counter these threats.
Application Insights:
Based on application, the market is segmented into defense, homeland security and other. The defense segment dominated the overall industry in terms of revenue share in 2017. This can be attributed to a robust military and geopolitical environment across the globe that has led to an increase in military spending by countries such as China, India and Russia. Furthermore, countries such as Australia have announced plans for developing their own man-portable air-defense systems (MANPADs) for use against aircraft armed with missiles.
The homeland security segment is expected to witness significant growth over the forecast period owing to initiatives taken by various governments around the world aimed at enhancing civil protection capabilities against natural disasters such as earthquakes and volcanic eruptions through enhanced collaboration between government agencies, nongovernmental organizations (NGOs)and private sector companies. For instance, Honeywell International Inc., Elbit Systems Ltd., Lockheed Martin Corporation; Israel Aerospace Industries Ltd.
Regional Analysis:
North America dominated the global short-range air-defence missile systems market in 2016, with a revenue share of over 35.0%. The U.S., which is the largest consumer of these systems, has well established defense and homeland security infrastructure that makes it an ideal regional market for industry players to invest in or supply their products. Furthermore, North America being one of the most developed regions offers lucrative opportunities for new entrants as well as mature technologies due to increased adoption across all sectors including defense and homeland security sector.
Asia Pacific is expected to grow at a significant rate during the forecast period owing to increasing geopolitical tensions between countries such as India and China, thus making them prone to terrorist attacks at any time soon. In addition, rising demand from Japan for medium range missiles capable of shooting down aircrafts at long ranges will drive growth across this region during next eight years or so till 2030 AD (Approx.).
Growth Factors:
- Increasing demand for short-range air defence missile systems from the military and homeland security sectors due to rising terrorist threats and cross-border conflicts
- Proliferation of ballistic and cruise missiles by countries such as Iran, North Korea, and Syria, which has led to an increase in demand for short-range air defence missile systems
- Growing investments by governments in modernising their armed forces, which is expected to lead to an increase in demand for short-range air defence missile systems over the next few years
- Rising number of joint ventures and collaborations among manufacturers to develop new technologies and products for the short-range air defence missile systems market
- Growing popularity of unmanned aerial vehicles (UAVs) among militaries across the world, which is expected to create opportunities for growth in the short-range air defence missile systems market
Scope Of The Report
Report Attributes
Report Details
Report Title
Short-Range Air-Defence Missile Systems Market Research Report
By Type
Man-Portable Air-Defense Systems, Stationary/Platform-Mounted Air-Defense Systems
By Application
Defense, Homeland Security, Other
By Companies
Lockheed Martin, BAE Systems, General Dynamics, MBDA, Rafael Advanced Defence Systems, Raytheon, Thales, Saab Group, Northrop Grumann, Rheinmetall
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Short-Range Air-Defence Missile Systems Market Report Segments:
The global Short-Range Air-Defence Missile Systems market is segmented on the basis of:
Types
Man-Portable Air-Defense Systems, Stationary/Platform-Mounted Air-Defense Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Defense, Homeland Security, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lockheed Martin
- BAE Systems
- General Dynamics
- MBDA
- Rafael Advanced Defence Systems
- Raytheon
- Thales
- Saab Group
- Northrop Grumann
- Rheinmetall
Highlights of The Short-Range Air-Defence Missile Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Man-Portable Air-Defense Systems
- Stationary/Platform-Mounted Air-Defense Systems
- By Application:
- Defense
- Homeland Security
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Short-Range Air-Defence Missile Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Short-range air-defence missile systems are a type of air defence system that can be used to defend against aircraft and missiles. They are typically designed to be installed on land, ships, or vehicles.
Some of the key players operating in the short-range air-defence missile systems market are Lockheed Martin, BAE Systems, General Dynamics, MBDA, Rafael Advanced Defence Systems, Raytheon, Thales, Saab Group, Northrop Grumann, Rheinmetall.
The short-range air-defence missile systems market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Short-Range Air-Defence Missile Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Short-Range Air-Defence Missile Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Short-Range Air-Defence Missile Systems Market - Supply Chain
4.5. Global Short-Range Air-Defence Missile Systems Market Forecast
4.5.1. Short-Range Air-Defence Missile Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Short-Range Air-Defence Missile Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Short-Range Air-Defence Missile Systems Market Absolute $ Opportunity
5. Global Short-Range Air-Defence Missile Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Type
5.3.1. Man-Portable Air-Defense Systems
5.3.2. Stationary/Platform-Mounted Air-Defense Systems
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Short-Range Air-Defence Missile Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Application
6.3.1. Defense
6.3.2. Homeland Security
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Short-Range Air-Defence Missile Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Short-Range Air-Defence Missile Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Short-Range Air-Defence Missile Systems Demand Share Forecast, 2019-2026
9. North America Short-Range Air-Defence Missile Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Application
9.4.1. Defense
9.4.2. Homeland Security
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Type
9.7.1. Man-Portable Air-Defense Systems
9.7.2. Stationary/Platform-Mounted Air-Defense Systems
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Short-Range Air-Defence Missile Systems Demand Share Forecast, 2019-2026
10. Latin America Short-Range Air-Defence Missile Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Application
10.4.1. Defense
10.4.2. Homeland Security
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Type
10.7.1. Man-Portable Air-Defense Systems
10.7.2. Stationary/Platform-Mounted Air-Defense Systems
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Short-Range Air-Defence Missile Systems Demand Share Forecast, 2019-2026
11. Europe Short-Range Air-Defence Missile Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Application
11.4.1. Defense
11.4.2. Homeland Security
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Type
11.7.1. Man-Portable Air-Defense Systems
11.7.2. Stationary/Platform-Mounted Air-Defense Systems
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Short-Range Air-Defence Missile Systems Demand Share, 2019-2026
12. Asia Pacific Short-Range Air-Defence Missile Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Application
12.4.1. Defense
12.4.2. Homeland Security
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Type
12.7.1. Man-Portable Air-Defense Systems
12.7.2. Stationary/Platform-Mounted Air-Defense Systems
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Short-Range Air-Defence Missile Systems Demand Share, 2019-2026
13. Middle East & Africa Short-Range Air-Defence Missile Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Application
13.4.1. Defense
13.4.2. Homeland Security
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Short-Range Air-Defence Missile Systems Market Size and Volume Forecast by Type
13.7.1. Man-Portable Air-Defense Systems
13.7.2. Stationary/Platform-Mounted Air-Defense Systems
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Short-Range Air-Defence Missile Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Short-Range Air-Defence Missile Systems Market: Market Share Analysis
14.2. Short-Range Air-Defence Missile Systems Distributors and Customers
14.3. Short-Range Air-Defence Missile Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lockheed Martin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BAE Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Dynamics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MBDA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rafael Advanced Defence Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Raytheon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Thales
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Saab Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Northrop Grumann
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Rheinmetall
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook