Air Defense System Market Share Report,Size, Shape Forecast 2023 To 2032

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Air Defense System Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Air Defense System Market Segments
The Business Research Company segments its air
defense system market report as
Missile Defense System, Anti-Aircraft System,
Counter Rocket, Artillery And Mortar (C-RAM)
System
By Type
Weapon System, Fire Control System, Command And
Control System, Other Components
By Component
Short Range Air Defense System, Medium Range Air
Defense System, Long Range Air Defense System
By Range
By Application
Land, Naval, Airborne
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Market Statistics
The global air defense system market size is
expected to grow from 29.49 billion in 2022 to
31.55 billion in 2023 at a compound annual
growth rate (CAGR) of 7.0. The global air
defense system market size is expected to reach
40.71 billion in 2027 at a CAGR of 6.6.
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Key Market Drivers And Trends
Drivers
The growing number of air-based threats is
expected to propel the growth of the air defense
system market going forward.
Trends
The development of advanced weapon systems is the
key trend gaining popularity in the air defense
systems market.
Region
North America was the largest region in the air
defense system market in 2022. Asia-Pacific is
expected to be the fastest-growing region in the
global air defense system market report during
the forecast period. The regions covered in the
global air defense system market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Key Market Players

• Major players in the air defense system market
  are
• Lockheed Martin Corporation
• BAE Systems Plc.
• Rheinmetall AG
• Thales Group
• Northrop Grumman Corporation
• And more.

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