Global Man-Portable Air-Defense System (MANPADS) Market Overview: Latest Trends, Industry Size, Share and Growth Projection
“Markntel Advisors – Leading Market Research Company” has recently conducted a comprehensive examination of the Global Man-Portable Air-Defense System (MANPADS) Market, encompassing the forecast period from 2024-30. Utilizing data from the historical period of 2019-22, with 2023 serving as the base year, our proficient team of analysts has devoted considerable time to gather and scrutinize the latest market information. The result is a thorough and current report that proves valuable for individuals making data-driven decisions, including business owners and analysts. Whether your objective is to explore new markets, introduce a new product, or maintain a competitive edge, our research report on the Man-Portable Air-Defense System (MANPADS) Market offers well-researched facts and figures relevant to the industry.
Man-Portable Air-Defense System (MANPADS) Market 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.
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Man-Portable Air-Defense System (MANPADS) Market Segmentation Analysis:
The Man-Portable Air-Defense System (MANPADS) Market displays a notable combination of robustness and fragmentation, featuring various segments each further subdivided into various sub-segments. Recognizing the significance of market segmentation is crucial for businesses aiming to tailor their strategies, products, and services to align with the specific needs and demands of their target customers. A thorough analysis of market segments and their associated sub-segments empowers businesses to pinpoint new growth opportunities, predict market trends, and devise impactful marketing and sales strategies.
The Global Man-Portable Air-Defense System (MANPADS) Market is segmented as follows:
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)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
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Leading Man-Portable Air-Defense System (MANPADS) Market Player
The report delves into key market players and thoroughly examines their strategic approaches, trends, innovations, and manufacturing infrastructure to project their anticipated market presence over the next five years. The researched data has the capability to differentiate even novice entrants in the long term. Armed with pertinent data and actionable insights, our research report presents a comprehensive landscape of the market, empowering investors and stakeholders to establish a robust position in the Man-Portable Air-Defense System (MANPADS) market. Highlighted in the research report are major players, including:
- 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
accompanied by their respective net worth and valuation in USD.
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.
Key Questions Answered in this Man-Portable Air-Defense System (MANPADS) Market Analysis Report
- What is the current size of the Man-Portable Air-Defense System (MANPADS) Market, and what factors contribute to its growth or contraction?
- How does the Man-Portable Air-Defense System (MANPADS) Market share compare among key players, and what strategies are they employing to gain a competitive advantage?
- What latest trends are emerging in the Man-Portable Air-Defense System (MANPADS) Market, and how are these trends expected to evolve in the foreseeable future?
- What is the demand outlook for the Man-Portable Air-Defense System (MANPADS) Market, and how is it influenced by industry-specific factors and broader economic trends?
- What opportunities exist in the Man-Portable Air-Defense System (MANPADS) Market for investors, and what are the latest investment trends and preferences in this sector?
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