The Anti-Aircraft Warfare Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Anti-Aircraft Warfare Global Market Report 2024, 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%. The growth in the forecast period can be attributed to the development of advanced surface-to-air missiles, improved missile guidance and tracking systems, the development of jamming and spoofing technologies, autonomous targeting and engagement systems, and national defense modernization initiatives. Major trends in the forecast period include technology advancements, integration of advanced sensors and artificial intelligence, development of hypersonic weapons and countermeasures, improved missile defense systems, and anti-satellite weapons.
The increasing threat from unmanned aerial systems is expected to propel the growth of the anti-aircraft warfare market going forward. Unmanned aerial systems refer to aircraft operated without a human pilot onboard, controlled remotely, or autonomously. They are used for various purposes, including reconnaissance, surveillance, and, increasingly, combat missions. The rise in unmanned aerial threat systems is due to advancements in technology enabling cheaper, more accessible, and more effective reconnaissance and attack capabilities. Anti-aircraft warfare helps mitigate threats from unmanned aerial systems by employing systems designed to detect, track, and neutralize drones before they can reach their targets. For instance, in April 2022, according to Protect UK, a UK-based information-sharing platform, there were 181,166 registered drone pilots in the UK in 2022, with nearly 6,000 incidents involving drones reported to police. Only a small fraction (about 8%) of these reports constituted offenses. Around 11% (649 incidents) of all reports involved drones flying at or near airports, mostly within flight restriction zones. Therefore, the increasing threat from unmanned aerial systems is driving the growth of the anti-aircraft warfare market.
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The anti-aircraft warfare market covered in this report is segmented –
1) By Technology: Fire Control System, Weapon System, Countermeasure System, Command And Control System
2) By Range: Short Range, Medium Range, Long Range
3) By Threat Type: Subsonic Missiles, Supersonic Missiles, Hypersonic Missiles
4) By Domain: Ground, Air, Marine, Space
Major companies operating in the anti-aircraft warfare market are focused on developing advanced laser-guided anti-aircraft weapon systems to enhance precision and effectiveness. Laser-guided anti-aircraft weapon systems use lasers to guide missiles or projectiles accurately to their targets. For instance, in October 2022, Bharat Dynamics Limited (BDL), an India-based manufacturer of ammunition and missile systems, launched Sanharika, a laser-guided short-range anti-aircraft weapon system mounted on armored vehicles. This system is equipped with laser beam riding missiles, which utilize laser guidance technology to ensure precise targeting of aerial threats. It enhances the defensive capabilities of military forces by providing effective anti-aircraft protection in various operational scenarios.
The anti-aircraft warfare market report table of contents includes:
1. Executive Summary
2. Anti-Aircraft Warfare Market Characteristics
3. Anti-Aircraft Warfare Market Trends And Strategies
4. Anti-Aircraft Warfare Market – Macro Economic Scenario
5. Global Anti-Aircraft Warfare Market Size and Growth
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32. Global Anti-Aircraft Warfare Market Competitive Benchmarking
33. Global Anti-Aircraft Warfare Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Anti-Aircraft Warfare Market
35. Anti-Aircraft Warfare Market Future Outlook and Potential Analysis
36. Appendix
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