PUBLISHER: Allied Market Research | PRODUCT CODE: 1193340
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193340
Short-range air defence systems are a type of military technology that deals with low-altitude aerial threats, such as those posed by unmanned aerial vehicles (UAVs), helicopters, and low-flying aircraft. In addition, short-range air defence systems protect national assets and citizens from threats including missile assaults and drone attacks. As the number of conflicts and war-like events in many regions of the world including Russia and Ukraine has increased, so has the demand for short-range air defence systems. The features of modern warfare have developed as a result of the introduction of more lethal, stealthy, and nimble adversaries. As the nature of warfare evolved, countries began to invest in defensive spending, resulting in several improvements in short-range air defence systems. Moreover, developments in the field of defense technology to enhance the capabilities of the present missile defense systems, and increasing security measures against short range weapons & missile systems are some of the key factors driving the growth of the short range air defense system market.
Moreover, major players and organizations are ramping up development efforts for MANPADS, as well as adopting portable short-range missile launchers and other technologies that will improve the capabilities of the army or forces. For instance, in September 2022, the defense research and development organization (DRDO) successfully tested two flights of the very short range air defence system (VSHORADS) from a ground-based portable launcher at the integrated test range in Chandipur, off the coast of Odisha. VSHORADS is an endogenously designed and produced MANPAD by DRDO's Research Centre Imarat (RCI), Hyderabad, in partnership with other DRDO laboratories and Indian industry partners. Such development of man portable short-range air defense systems which are expected to drive the growth of the market during the forecast period.
The short range air defense system market is segmented on the basis of component, platform, type, and region. The component segment is divided into the weapon system, fire control system, command, and control system, and others. The platform segment is divided into man portable and vehicle mounted. The market within the type segment is divided into missile defense system, anti-aircraft, counter rocket, artillery, and mortar (C-RAM) System. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Some major companies operating in the market include Airbus, BAE Systems, Boeing, Elbit Systems Ltd., General Dynamics, L3Harris Technologies, Inc., Lockheed Martin Corporation., Northrop Grumman, Raytheon Technologies Corporation, and Thales Group
Key Benefits For Stakeholders
By Component
By Type
By Platform
By Region