The Man-Portable Air-Defense System Market: A Comprehensive Analysis
According to recent study by MarkNtel Advisors the Global Man-Portable Air-Defense System Market is projected to witness a compound annual growth rate (CAGR) of around 8.19% between 2024-2030. Various factors, including market trends, size, forecasts, growth factors, challenges, and competitor assessments drive this growth.
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Man-Portable Air-Defense System Market Segmentation Analysis: 2024-2030
The Man-Portable Air-Defense System Market is segmented into:
By Component
- Missile- Market Size & Forecast 2019-2030, (USD Million)
- Launching Mechanism (Gripstock)- Market Size & Forecast 2019-2030, (USD Million)
- Battery – Market Size & Forecast 2019-2030, (USD Million)
By Missile Type
- Infrared (IR) Homing Missile- Market Size & Forecast 2019-2030, (USD Million)
- Command Lone-of-Sight (CLOS) Missile- Market Size & Forecast 2019-2030, (USD Million)
- Laser Beam Missile- Market Size & Forecast 2019-2030, (USD Million)
By Range
- Short Range (Up to 5Km)- Market Size & Forecast 2019-2030, (USD Million)
- Medium Range (5Km-10Km)- Market Size & Forecast 2019-2030, (USD Million)
- Long Range (10Km-20Km)- Market Size & Forecast 2019-2030, (USD Million)
and each segment is further divided into subdivisions, providing a detailed breakdown of the market dynamics.
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Global Man-Portable Air-Defense System Market Trend:
Global Expansion of the Defense Industry Budget to Enhance the Industry Growth – The rapidly expanding economy and geopolitical significance enhance the defense sector. The countries increasing emphasis on modernizing their armed forces & bolstering national security has generated substantial demand for defense technology. The defense sector has witnessed a significant shift towards indigenous manufacturing in recent years due to an upsurge in the budget of the countries, including India, the US, Russia, etc. Moreover, numerous nations are increasing their defense budget.
Geographical Coverage of the Global Man-Portable Air-Defense System Market
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Europe has captured a significant market share in the Global Man-Portable Air-Defense System Market.
Top Leading Key Players of Global Man-Portable Air-Defense System Market
- MBDA
- Saab AB
- Mesko
- JADARA Equipment & Defence Systems
- General Dynamics Corporation
- Rheinmetall AG
- KB Mashynostroyeniya
- Sputnik
- Raytheon Technologies Corporation
- Leonardo S.p.A
- Lockheed Martin Corporation
- Israel Aerospace Industry (IAI)
- Thales
- Others
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Common Queries
- What is the current trajectory of cost and profit estimations in the MANPADS Industry?
- How do factors like supply and consumption shape the landscape of the industry?
- In what ways do import and export considerations impact the dynamics of the MANPADS Industry?
- Which technological advancements are anticipated to shape the future of the Air-Defense MANPADS Market?
- Who are the noteworthy players highlighted in the Man-Portable Air-Defense System MANPADS Market research report?
- What are the anticipated USD valuations and the CAGR for the forecasted years?
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