Markntel Advisors’ report, Man-Portable Air-Defense System (MANPADS) Research Report: Industry Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Man-Portable Air-Defense System (MANPADS) presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Man-Portable Air-Defense System (MANPADS) Market Industry Research Report & Market Summary:
The Global Man-Portable Air-Defense System (MANPADS) Market is estimated to grow at a CAGR of around 8.19% during the forecast period, i.e., 2024-30. The growth of the market is propelled by the increasing internal and international military conflicts worldwide and the massive military expenditure by various countries.
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Man-Portable Air-Defense System (MANPADS) Market Dynamics:
Key Driver-
Surging Geopolitical Tensions Between Countries to Increase the Demand for MANPADS – The demand for Man-Portable air defense systems (MANPADS) is expected to increase in response to rising conflicts between countries, including Russia and Ukraine, Israel, and rebels in the Gaza Strip, Iran, Syria, Yemen, etc. Also, countries like India, Pakistan, China, Turkey, etc., have been procuring the MANPADS to upgrade their existing defense hardware. Furthermore, in times of heightened geopolitical tensions or conflicts, countries may seek to establish or maintain air superiority.
MANPADS are used to protect critical military assets, such as command and control centers, supply depots, and strategic infrastructure, from aerial attacks. For instance, during the conflict between Russia and Ukraine, MANPADS from several countries are deployed in Ukraine. The NATO countries provided numerous MANPADS to the Ukrainian troops and mobile air defense units, making the low-altitude flying of Russian fixed-wing and rotary aircraft sorties deep into Ukraine “prohibitively costly, which significantly drove the demand for MANPADS globally.
Man-Portable Air-Defense System (MANPADS) Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
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)
Infrared Missiles captured the prominent share of the MANPADS Market over the past period and are presumed to follow the same trend in the years ahead.
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)
The Short Range (Up to 5Km) MANPADS are expected to dominate the Man-Portable Air-Defense System Market in the forecast years.
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
Europe accounts for a significant share of the Global Man-Portable Air-Defense System Market. European companies, including MBDA, KB Mashynostroyeniya, Rheinmetall AG, etc., are some of the major players in the UK, Russia, Sweden, etc.
As indicated in the latest market research report published by Markntel Advisors, “Man-Portable Air-Defense System (MANPADS) Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Man-Portable Air-Defense System (MANPADS). It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/manpads-market.html
Top Companies Operating in the Man-Portable Air-Defense System (MANPADS) 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.
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Man-Portable Air-Defense System (MANPADS) Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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