Air Defense System Market Opportunities and Challenges by 2024

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• The Air Defense System Market is projected to
  grow from USD 30.57 Billion in 2017 to USD 45.19
  Billion by
• 2024, at a CAGR of 5.74
• from 2017 to 2024. The objectives of this study
  are to analyze the air defense system market,
  along with the statistics from 2017 to 2024 as
  well
• as define, describe, and forecast the market
  based on range, platform, type, component, and
  region. The year 2016 has been considered as
  the base
• year while 2017 to 2024 has been considered as
  the forecast period for this study on the
  market.
• Download PDF Brochure _at_
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• Key Market Players
• The ecosystem of the air defense system market
  includes manufacturers of air defense systems
  such as Saab AB (Sweden), Israel Aerospace
  Industries Ltd. (Israel), Raytheon Company (US),
  Thales Group (France), Lockheed Martin
  Corporation (US), Hanwa Corporation (South
  Korea), and BAE Systems PLC (UK), among others.
• Target Audience for this Report
• Manufacturers of Air Defense Systems
• System Integrators
• Manufacturers of Sensors and Radar
• Defense Software Providers
• Original Equipment Manufacturers (OEMs)
• Subcomponent Manufacturers
• Military Service Providers
• Potential Investors (Venture Capitalists)
• Based on platform, the air defense systems market
  has been segmented into land, naval, and
  airborne. The land segment is projected to lead
  the market in 2017 by accounting for a share of
  71.6 of the market. Technological advancements
  taking place in short range, medium range, and
  guided missile systems are the factors driving
  the growth of the land segment of the market.

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is estimated to lead the market in 2017.
Increasing attack threats from long range
missile launches, asymmetric warfare, and
intercontinental ballistic missiles across the
globe are some of the factors fueling the growth
of the long range defense (LRAD) system segment
of the market. Based on type, the air defense
system market has been segmented into
anti-aircraft system, missile defense system,
and Counter Rocket, Artillery, and Mortar (C-RAM)
system. The missile defense system segment is
projected to lead the market during the forecast
period. The air defense systems market has been
studied for North America, Europe, Asia Pacific,
the Middle East, and Rest of the World. The Asia
Pacific region is estimated to lead the market
in 2017. The Asia Pacific air defense system
market is projected to grow at the highest CAGR
during the forecast period. The growth of the
Asia Pacific market can be attributed increased
investments being made by countries such as
China, India, Japan, South Korea, Taiwan, and
Australia in the development of advanced air
defense systems to strengthen defense systems of
their combat zones to avoid and tackle threats
arising from regional conflicts such as
India-Pakistan border conflict, South China Sea
Conflict, and non-conventional threats from
terrorist groups such as ISIS. Ask for Sample
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