Title: Air Defense System Market by Component, Type, Platform, Range and Region | Global Forecast to 2024
1Air Defense System Market by Component, Type,
Platform, Range and Region Global Forecast to
2024
- 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 air defense
system 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 air defense system
market. - 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. - Download PDF Brochure _at_ https//www.marketsandmar
kets.com/pdfdownloadNew.asp?id248518928 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)
- The air defense system market has been segmented
based on component, range, platform, type, and
region.
2Based on platform, the air defense system market
has been segmented into land, naval, and
airborne. The land segment is projected to lead
the air defense system 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 air defense system market.
Based on range, the air has long
defense system market been segmented into
range air defense (LRAD) system, medium range
air defense (MRAD) system, and short range air
defense (SHORAD) system. The long range defense
(LRAD) system segment is estimated to lead the
air defense system 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 air defense system 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 air
defense system market during the forecast
period. The air defense system 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 air
defense system 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 air defense
system 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. Dont miss out on
business opportunities in Air Defense System
Market. Speak to our analyst and gain crucial
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