Global Missile and Air Defense Radar System Market, By Type (Missile Defense System, Anti-Aircraft System, Counter Rocket, Artillery, and Mortar (C-RAM) System), Platfrom (Airborne, Land and Naval), Range (Short Range Air Defense (ShoRAD) System, Medium Range Air Defense (MRAD) System and Long Range Air Defense (LRAD) System), Component (Weapon System, Fire Control System, Fire Control Radar, Surveillance Radar, Command and Control System and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Missile and Air Defense Radar System Market
The air and missile defense radar system market is expected to witness market growth at a rate of 11.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on air and missile defense radar system market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the defense expenditure for the development of air defense systems is escalating the growth of air and missile defense radar system market.
The Air and Missile Defense Radar (AMDR), also called as the AN/SPY-6, which is the next-generation integrated radar that offers both air and missile defense. AMDR system is created to offer ballistic surface warfare capabilities, missile defense and air defense. These radars are mounted on most of the US surface ships in order to increase surface warfare abilities.
Major factors that are expected to boost the growth of the air and missile defense radar system market in the forecast period is substitute of legacy systems by militaries worldwide because technological evolution in warfare. Furthermore, the territorial struggles and geopolitical variabilities is further anticipated to propel the growth of the air and missile defense radar system market. Moreover, the reduction and automation of defense and surveillance systems is further estimated to cushion the growth of the air and missile defense radar system market. On the other hand, the interference in performance because of increase in the cyber warfare is further projected to impede the growth of the air and missile defense radar system market in the timeline period.
- In addition, the rise in the deployment of ballistic missiles, and air and missile defense systems will further provide potential opportunities for the growth of the air and missile defense radar system market in the coming years. However, the electromagnetic jamming and noise interruptions might further challenge the growth of the air and missile defense radar system market in the near future.
This air and missile defense radar system market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the air and missile defense radar system market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Missile and Air Defense Radar System Market Scope and Market Size
Th air and missile defense radar system market is segmented on the basis of scanner type, structure type, component, technology, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the air and missile defense radar system market has been segmented into missile defense system, anti-aircraft system, counter rocket, artillery, and mortar (C-RAM) system.
- On the basis of platfrom, the air and missile defense radar system market has been segmented into airborne, land and naval.
- On the basis of range, the air and missile defense radar system market has been segmented into short range air defense (ShoRAD) system, medium range air defense (MRAD) system and long range air defense (LRAD) system.
- On the basis of component, the air and missile defense radar system market has been segmented into weapon system, fire control system, fire control radar, surveillance radar, command and control system and others. Weapon system is further sub segmented into turret system and missile launcher. Fire control system is further sub segmented into air defense radar. Fire control radar is further sub segmented into I/J-band, X-band and C-band. Surveillance radar is further sub segmented into X-band, C-band, D/L-band and S-band. S-band is further sub segmented into electro optic sensor and laser range finder.
Missile and Air Defense Radar System Market Country Level Analysis
The air and missile defense radar system market is analyzed, and market size, volume information is provided by country, scanner type, structure type, component, technology, and application as referenced above.
The countries covered in the air and missile defense radar system market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
North America dominates the air and missile defense radar system market due to being the largest military payer around the world for investing in air and missile defense radar system for the itention of surveillance and border security. Furthermore, the occurrence of major key players will further boost the growth of the air and missile defense radar system market in the region during the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Missile and Air Defense Radar System Market Share Analysis
The air and missile defense radar system market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the air and missile defense radar system market.
The major players covered in the air and missile defense radar system market report are BAE Systems., Leonardo S.p.A., Saab AB, IAI, Lockheed Martin Corporation., Rheinmetall AG, Thales Group, Raytheon Technologies Corporation, MBDA, KONGSBERG, Northrop Grumman, ASELSAN A.S., Airbus S.A.S., Almaz-Antey Corp., General Dynamics Corporation and Reutech Radar Systems among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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