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Air Defense System Market 2023 - Industry Insights, New Trends, Growth, And Forecast To 2032 | Lockheed Martin Corporation, BAE Systems Plc., Rheinmetall AG
Air Defense System Market
Air Defense System Market Size, Growth Rate, And Forecast
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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Air Defense System Market Drivers
The growing number of air-based threats is expected to propel the growth of the air defense system market. Air defense systems are used in air threats to detect, identify, and track potential threats and then engage and destroy them before they can cause potential damage. Over time, the air threat expanded to include attack helicopters, unmanned aerial vehicles (UAVs), cruise, and ballistic missiles due to the expansion of air power.
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Air Defense System Market Segments
• By Type: Missile Defense System, Anti-Aircraft System, Counter Rocket, Artillery And Mortar (C-RAM) System
• By Component: Weapon System, Fire Control System, Command And Control System, Other Components
• By Range: Short Range Air Defense System, Medium Range Air Defense System, Long Range Air Defense System
• By Application: Land, Naval, Airborne
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the air defense system market.
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Air Defense System Market Key Players
Major competitors in the air defense system market include Lockheed Martin Corporation, BAE Systems Plc., Rheinmetall AG, Thales Group, Northrop Grumman Corporation, Hanwha Corporation, Leonardo S.P.A., L3Harris Technologies Inc., Saab AB, Israel Aerospace Industries, The Boeing Company, General Dynamics Corporation, Aselsan AS, Airbus Defence and Space, and Elbit Systems Ltd.
The Business Research Company's "Global Air Defense System Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Air Defense System Market Include:
1. Executive Summary
2. Air Defense System Market Characteristics
3. Air Defense System Market Trends And Strategies
4. Air Defense System Market - Macro Economic Scenario
5. Air Defense System Market Size And Growth
……
26. Africa Air Defense System Market
27. Air Defense System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Air Defense System Market
29. Air Defense System Market Future Outlook And Potential Analysis
30. Appendix
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