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Shielding the Skies : Short Range Air Defense Systems Market Poised to Attain $21.1 Billion by 2031-Insights from Allied Market Research

02-09-2024 05:05 AM CET | Science & Education

Press release from: Allied Market Research

Short Range Air Defense Systems Market

Short Range Air Defense Systems Market

According to the report published by Allied Market Research, the global short range air defense system market was estimated at $12.4 billion in 2021 and is expected to hit $21.1 billion by 2031, registering a CAGR of 5.6% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

๐Ÿ”ฐ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ - https://www.alliedmarketresearch.com/request-sample/A09346

๐“๐ก๐ž ๐ค๐ž๐ฒ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐š๐ง๐š๐ฅ๐ฒ๐ณ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฌ๐ก๐จ๐ซ๐ญ ๐ซ๐š๐ง๐ ๐ž ๐š๐ข๐ซ ๐๐ž๐Ÿ๐ž๐ง๐ฌ๐ž ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž
Airbus,
General Dynamics Corporation,
Thales,
Northrop Grumman Corporation,
Systems plc,
Boeing Company,
Lockheed Martin Corporation,
Elbit Systems Ltd.,
L3Harris Technologies, Inc.,
and Raytheon Technologies Corporation.

These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance and developments by the top players.

The global short range air defense system market is analyzed across component, type, platform, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

๐๐ฒ ๐œ๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ, the weapon system segment held the largest share in 2021, garnering nearly two-fifths of the global short range air defense system market revenue, and is projected to maintain its dominance by 2031. The common and control system segment, on the other hand, would showcase the fastest CAGR of 6.7% during the forecast period.

๐Ÿ”ฐ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/short-range-air-defense-systems-market/purchase-options

๐๐ฒ ๐ญ๐ฒ๐ฉ๐ž, the missile defense system segment contributed to around two-fifths of the global short range air defense system market share in 2021, and is projected to rule the roost by 2031. The Counter Rocket, Artillery, and Mortar (C-RAM) system segment, however, would display the fastest CAGR of 6.6% throughout the forecast period.

๐๐ฒ ๐ฉ๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ, the vehicle mounted segment accounted for the highest share in 2021, generating nearly three-fifths of the global short range air defense system market revenue. The same segment would also portray the fastest CAGR of 6.0% during the forecast period.

๐๐ฒ ๐ซ๐ž๐ ๐ข๐จ๐ง, North America held the major share in 2021, garnering nearly two-fifths of the global short range air defense system market revenue. Asia-Pacific, on the other hand, would showcase the fastest CAGR of 7.1% from 2022 to 2031.

๐Ÿ”ฐ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/A09346

๐‚๐Ž๐•๐ˆ๐ƒ-๐Ÿ๐Ÿ— ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

Lockdowns undertaken by many countries in response to the rapid spread of the COVID19 virus have impacted activities in defense, aviation, electronics, and other industries. Governments around the world emphasized the healthcare industry to tackle the spreading COVID-19 virus, which harmed the defense industry's performance. Owing to growing trade restrictions, revenue crisis and raw material scarcity were among the key concerns negatively impacting the short-range air defense system manufacturing companies.

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐–๐ž ๐‡๐š๐ฏ๐ž ๐จ๐ง ๐Œ๐ข๐ฅ๐ข๐ญ๐š๐ซ๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

https://www.alliedmarketresearch.com/air-defense-systems-market-A07789 - Air Defense Systems Market Size, Share, Competitive Landscape and Trend Analysis Report by Component (Weapon System, Fire Control System, Command and Control System, Others), by Range (Short Range Air Defense System, Medium Range Air Defense System, Long Range Air Defense System), by Platform (Ground, Airborne, Naval), by Type (Missile Defense System, Anti-Aircraft, Counter Rocket, Artillery, and Mortar System): Global Opportunity Analysis and Industry Forecast, 2021-2031

https://www.alliedmarketresearch.com/long-range-air-defense-systems-market-A09330 - Long Range Air Defense Systems Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Missile Defense System, Anti-Aircraft System, Counter Rocket, Artillery, Mortar (C-RAM) System), by Platform (Airborne, Land, Naval) and by Component (Weapon System, Fire Control System, Command and Control System, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/air-to-air-refueling-market-A07094 - Air-to-air Refueling Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Manned, Unmanned), by System (Probe Drogue, Boom Refueling, Autonomous), by Component (Pumps, Nozzles, Valves, Booms, Pods, Fuel Tanks, Others) and by Aircraft Type (Fighter Aircraft, Tanker Aircraft, Military Transport, Attack Helicopters, Transport Helicopters): Global Opportunity Analysis and Industry Forecast, 2023-2032

Contact:
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
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+1-800-792-5285, +1-503-894-6022
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India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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