Short Range Air Defense Systems Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, UK, France, Germany, China - Size and Forecast 2024-2028

Short Range Air Defense Systems Market 2024-2028

The short range air defense systems market analysis encompasses the market size, growth trends, and forecast for SHORAD systems in North America (US, Canada), Europe (UK, Germany, France, and Rest of Europe), APAC (China, India, Japan, and Rest of APAC), South America, Middle East, and Africa. This comprehensive report offers insights into the driving factors and challenges influencing the market, including the increasing demand for ground-based defense systems, the integration of advanced technologies like missile defense, anti-aircraft systems, UAV defense, and counter-drone technologies. The market is expected to grow by USD 2-5 billion at a CAGR of 4%-7% between 2024 and 2028. Exact values for this market can be accessed upon purchasing the report.

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Market Segmentation

Technavio’s industry report provides actionable market insights on each segment, including market share and growth forecasts.

1. By Type:
a. Surface-to-Air Missiles (SAMs)
b. Anti-Aircraft Artillery (AAA)
c. Counter-Drone Systems

2. By Application:
a. Military
b. Homeland Security

Regional Analysis

Regional analysis of the short range air defense systems market reveals significant growth opportunities in North America and Europe due to the modernization of existing defense systems and the increasing focus on counter-drone technologies. APAC is also expected to witness substantial growth due to the rising military expenditures and the need for advanced defense systems in countries like China and India.

Market Dynamics

What is driving growth in the market and how does that influence new product releases? What challenges are increasing risk for a specific course of action or in a specific market? What will the key trends be over the next several years and what is the best way to take advantage of them? The answers to these questions help companies to evaluate business approaches and develop growth strategies. Factors impacting the market include:

- Increasing geopolitical tensions and the need for advanced defense systems
- Integration of artificial intelligence and machine learning in defense systems
- Growing demand for counter-drone technologies

Company Analysis

This report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies in order to help clients improve their market positions. It also provides a detailed analysis of the upcoming market trends and challenges and how they will influence market growth, designed to help companies create effective strategies to make the most of the global market.

Raytheon Technologies: A leading defense technology company, Raytheon Technologies offers a diverse portfolio of short-range air defense systems, including the Stinger Missile System and the Patriot Air Defense System.

Lockheed Martin Corporation: Lockheed Martin Corporation is a global security and aerospace company that designs, develops, manufactures, and integrates advanced technology systems, including short-range air defense systems like the MIM-104 Patriot and the M270 Multiple Launch Rocket System.

Thales Group: Thales Group is a global technology leader in the defense sector, providing a range of short-range air defense systems, including the Vigilance Surface-to-Air Missile System and the Skyshield Air Defense System.

Rafael Advanced Defense Systems: Rafael Advanced Defense Systems is an Israeli defense technology company that offers a range of short-range air defense systems, including the Iron Dome and the David's Sling Weapon System.

Saab AB: Saab AB is a Swedish defense and security company that provides a range of short-range air defense systems, including the RBS 70 Anti-Aircraft Gun and the Giraffe AMB Radar System.

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Market Report Highlights

FAQs

1. Who are the major players in the Short Range Air Defense Systems Market?
Answer: The major players in the short range air defense systems market include Raytheon Technologies, Lockheed Martin Corporation, Thales Group, Rafael Advanced Defense Systems, and Saab AB.

2. What are the key driving factors for the growth of the short range air defense systems market?
Answer: The key driving factors for the growth of the short range air defense systems market include increasing geopolitical tensions and the need for advanced defense systems, as well as the integration of artificial intelligence and machine learning in defense systems.

3. What are the main types of short-range air defense systems?
Answer: The main types of short-range air defense systems include Surface-to-Air Missiles (SAMs), Anti-Aircraft Artillery (AAA), and Counter-Drone Systems.

4. What is the role of artificial intelligence in short-range air defense systems?
Answer: Artificial intelligence and machine learning are being integrated into short-range air defense systems to improve their accuracy, efficiency, and effectiveness.

Table of Contents

1. Executive Summary

2. Market Landscape

3. Market Sizing

• 3.1 Market definition
• 3.2 Market segment analysis
• 3.3 Market size 2023
• 3.4 Market outlook: Forecast for 2024-2028

4. Historic Market Size

• 4.1 Global market 2018 - 2022
• 4.2 Type Segment Analysis 2018 - 2022
• 4.3 Application Segment Analysis 2018 - 2022
• 4.4 Geography Segment Analysis 2018 - 2022
• 4.5 Country Segment Analysis 2018 - 2022

5. Five Forces Analysis

• 5.1 Five forces summary
• 5.2 Bargaining power of buyers
• 5.3 Bargaining power of suppliers
• 5.4 Threat of new entrants
• 5.5 Threat of substitutes
• 5.6 Threat of rivalry
• 5.7 Market condition

6. Market Segmentation by Product Type

• 6.1 Market segments
• 6.2 Comparison by Product Type
• 6.3 Market opportunity by Product Type

7. Market Segmentation by Application

• 7.1 Market segments
• 7.2 Comparison by Application
• 7.3 Market opportunity by Application

8. Customer Landscape

• 8.1 Customer landscape overview

9. Geographic Landscape

• 9.1 Geographic segmentation
• 9.2 Geographic comparison
• 9.3 North America - Market size and forecast 2023-2028
• 9.4 Europe - Market size and forecast 2023-2028
• 9.5 APAC - Market size and forecast 2023-2028
• 9.6 South America - Market size and forecast 2023-2028
• 9.7 Middle East and Africa - Market size and forecast 2023-2028

10. Drivers, Challenges, and Trends

• 10.1 Market drivers
• 10.2 Market challenges
• 10.3 Impact of drivers and challenges
• 10.4 Market trends

11. Company Landscape

• 11.1 Overview
• 11.2 Company landscape
• 11.3 Landscape disruption
• 11.4 Industry risks

12. Company Analysis

• 12.1 Companies covered
• 12.2 Market positioning of companies

13. Appendix

• 13.1 Scope of the report
• 13.2 Inclusions and exclusions checklist
• 13.3 Currency conversion rates for US$
• 13.4 Research methodology
• 13.5 List of abbreviations

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