Global Anti-Aircraft Warfare Market Projected to Grow at 6.6% CAGR, Reaching $27.32 Billion by 2029

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What Will the Anti-Aircraft Warfare Industry Market Size Be by 2025?
The market for anti-aircraft warfare has experienced substantial growth in the past few years. Its growth is expected to continue, increasing from $19.8 billion in 2024 to $21.16 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. The previous growth can be linked to advancements in indigenous air defense systems, increased government funding in aerospace and defense, the evolving and increasing nature of military threats, greater attention towards integrated air defense systems, and emphasis on indigenous development.

What's the Long-Term Growth Forecast for the Anti-Aircraft Warfare Market Size Through 2029?
In the coming years, the anti-aircraft warfare market is projected to experience brisk growth, with its worth soaring to $27.32 billion by 2029, reflecting a 6.6% compound annual growth rate (CAGR). The projected growth in this period can be credited to advancements in surface-to-air missiles, enhanced missile guidance and tracking systems, the inception of jamming and spoofing technologies, automated targeting and engagement systems, and initiatives focused on the modernization of national defense. Technological advancements, incorporation of advanced sensors and artificial intelligence, the creation of hypersonic weapons and countermeasures, the enhancement of missile defense systems, and the development of anti-satellite weapons are the major trends expected during the forecast period.

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What Are the Key Growth Drivers Fueling the Anti-Aircraft Warfare Market Expansion?
The growth of the anti-aircraft warfare market is likely to be fuelled by the escalating threat posed by unmanned aerial systems. Unmanned aerial systems, which are remotely controlled or self-operated aircraft without a human pilot onboard, are increasingly being used for various applications such as reconnaissance, surveillance, and combat missions. This uptick in potential threats from these unmanned systems can be attributed to technological advancements, which have considerably improved accessibility, cost-effectiveness, and the efficiency of reconnaissance and attack capabilities. Anti-aircraft warfare comes into play by utilizing systems specifically designed to identify, track, and neutralize drones before they reach their intended targets. For example, as per Protect UK, an information-sharing platform from the UK, in April 2022, around 181,166 drone pilots were registered. The same source reported nearly 6,000 drone-related incidents to the police, of which only 8% were categorized as offenses. Approximately 11% of the cases equating to 649 incidents involved drones operating in or around airports, mainly within flight restriction zones. Thus, the escalating threat levels from unmanned aerial systems are facilitating the growth of the anti-aircraft warfare market.

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What Are the Key Trends Driving Anti-Aircraft Warfare Market Growth?
Key players in the anti-aircraft warfare market are concentrating on the creation of sophisticated laser-guided anti-aircraft armaments to improve accuracy and efficiency. These systems utilize lasers to direct missiles or projectiles precisely on target. For example, in October 2022, Bharat Dynamics Limited (BDL), an Indian firm that manufactures ammunition and missile systems, unveiled Sanharika, a laser-guided, short-range, vehicle-mounted anti-aircraft weapon system. This system features laser beam riding missiles that use laser guidance technology for accurate targeting of aerial threats, thereby boosting the defensive prowess of military forces by delivering effective protection from aircraft under various operational circumstances.

How Is the Anti-Aircraft Warfare Market Segmented?
The anti-aircraft warfare market covered in this report is segmented -

1) By Technology: Fire Control System, Weapon System, Countermeasure System, Command And Control System
2) By Range: Short Range, Medium Range, Long Range
3) By Threat Type: Subsonic Missiles, Supersonic Missiles, Hypersonic Missiles
4) By Domain: Ground, Air, Marine, Space

Subsegments:
1) By Fire Control System: Radar Systems, Target Tracking Systems, Guidance and Control Systems
2) By Weapon System: Anti-Aircraft Guns, Surface-to-Air Missiles (SAMs), Anti-Aircraft Artillery
3) By Countermeasure System: Electronic Warfare (EW) Systems, Decoy Systems, Jamming Systems
4) By Command and Control System: Integrated Air Defense Systems (IADS), Surveillance and Reconnaissance Systems, Tactical Communication Systems

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Which Companies Are Leading the Charge in Anti-Aircraft Warfare Market Innovation?
Major companies operating in the anti-aircraft warfare market are Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, Hanwha Land Systems Co. Ltd., General Dynamics Corporation, Northrop Grumman Corporation, China Aerospace Science and Technology Corporation, BAE Systems plc, Thales Group, Leonardo S.p.A, Rheinmetall AG, Saab AB, Indra Sistemas S.A, Kongsberg Gruppen ASA, Rafael Advanced Defense Systems Ltd., Aselsan A.S., Airbus Defence and Space, Rosoboronexport State Corporation, Navantia SA, Defense Research and Development Organisation (DRDO), Almaz-Antey Corp.

Which Regions Are Leading the Global Anti-Aircraft Warfare Market in Revenue?
North America was the largest region in the anti-aircraft warfare market in 2023. The regions covered in the anti-aircraft warfare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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