PUBLISHER: The Business Research Company | PRODUCT CODE: 1546393
PUBLISHER: The Business Research Company | PRODUCT CODE: 1546393
Anti-aircraft warfare involves strategic defensive measures aimed at detecting, tracking, and neutralizing enemy aircraft to protect ground and naval targets from aerial attacks, thereby preventing enemy air superiority and safeguarding critical assets and personnel.
The primary technologies of anti-aircraft warfare include fire control systems, weapon systems, countermeasure systems, and command and control systems. A fire control system encompasses equipment and procedures designed for accurately aiming and controlling weapon firing, crucially addressing threats across various ranges and domains such as subsonic, supersonic, and hypersonic missiles in ground, air, marine, and space environments.
The anti-aircraft warfare market research report is one of a series of new reports from The Business Research Company that provides anti-aircraft warfare market statistics, including the anti-aircraft warfare industry's global market size, regional shares, competitors with an anti-aircraft warfare market share, detailed anti-aircraft warfare market segments, market trends and opportunities, and any further data you may need to thrive in the anti-aircraft warfare industry. This anti-aircraft warfare market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The anti-aircraft warfare market size has grown strongly in recent years. It will grow from $18.58 billion in 2023 to $19.80 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth observed in the historic period was driven by several factors including the increasing development of Indigenous air defense systems, higher government investments in aerospace and defense, evolving military threats, a growing emphasis on integrated air defense systems, and a focus on Indigenous technological advancements.
The anti-aircraft warfare market size is expected to see strong growth in the next few years. It will grow to $25.66 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. Anticipated growth in the forecast period will be fueled by the development of advanced surface-to-air missiles, enhancements in missile guidance and tracking systems, innovations in jamming and spoofing technologies, autonomous targeting and engagement systems, and national defense modernization initiatives. Key trends expected in this period include technological advancements, integration of advanced sensors and artificial intelligence, development of hypersonic weapons and countermeasures, improvements in missile defense systems, and the emergence of anti-satellite weapons.
The growth of the anti-aircraft warfare market is expected to be driven by the increasing threat posed by unmanned aerial systems (UAS). These systems, which operate without human pilots onboard and can be controlled remotely or autonomously, serve various purposes such as reconnaissance, surveillance, and combat missions. Advances in technology have made UAS more affordable, accessible, and effective in reconnaissance and attack capabilities, contributing to their rising threat. Anti-aircraft warfare systems play a crucial role in mitigating this threat by detecting, tracking, and neutralizing drones before they pose a danger to their targets. For example, as of April 2022, the UK reported 181,166 registered drone pilots and approximately 6,000 drone-related incidents reported to police, with a minority constituting offenses. A notable portion of these incidents involved drones operating near or within restricted airspace, underscoring the need for enhanced anti-aircraft defenses.
Key players in the anti-aircraft warfare market are actively developing advanced laser-guided systems to improve precision and efficacy. These systems utilize laser technology to guide missiles or projectiles accurately to their targets. Bharat Dynamics Limited (BDL), for instance, launched the Sanharika in October 2022, a laser-guided short-range anti-aircraft weapon system mounted on armored vehicles. Equipped with laser beam riding missiles, this system ensures precise targeting of aerial threats, thereby enhancing military defensive capabilities across diverse operational environments.
In June 2024, DZYNE Technologies, a prominent US-based manufacturer in aviation and aerospace components, acquired High Point Aerotechnologies LLC to strengthen its capabilities in unmanned aerial systems (UAS) and autonomous flight technologies. This acquisition aims to integrate expertise from High Point Aerotechnologies, a manufacturer specializing in advanced aerospace components, to expand product offerings, improve operational efficiencies, and solidify DZYNE Technologies' position in the advanced aerospace sector.
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.
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.
The countries covered in the anti-aircraft warfare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The anti-aircraft warfare market consists of sales of surface-to-air missiles, anti-aircraft guns, electronic warfare systems, training, and simulation equipment. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Anti-Aircraft Warfare Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on anti-aircraft warfare market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for anti-aircraft warfare ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The anti-aircraft warfare market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.