Market Research Report

Long Range Air Defense Systems Market Size, Share, Competitive Landscape and Trend Analysis Report: Global Opportunity Analysis and Industry Forecast, 2023-2032

PORTLAND, PROVINCE: OREGAON, UNITED STATES, April 19, 2024 /EINPresswire.com/ -- The nature of modern warfare has changed with the arrival of more lethal, stealthy, and agile threats. Such change in nature of warfare has enabled countries to invest in defensive expenditure, which has resulted in the development of various air defense systems. Air defense systems are used to take defensive measures to nullify incoming targets such as enemy's aircraft (fighter jets, air refuelers, and others), missiles (both nuclear & conventional), and unmanned aerial vehicles. The air defense system acts as a anti weapon system for all incoming air threats and is also used for several operations including air space surveillance with the help of its radars & electro-optic sensors. At present, major companies across the globe are investing heavily in the advancement of air defense systems. For instance, in 2018, Lockheed Martin (an aerospace & defense company, headquartered in Washington U.S.A) invested 1.3 billion USD in research & development of air defense systems.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-toc-and-sample/9695

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
• Due to COVID-19 situation, the research & development in long-range air defense systems has been hampered, owing to the declared lockdowns and government restrictions on public gatherings.
• Slowing sign in economies of several countries has been observed due to COVID-19 effect, which may limit governments investment in the defense projects. Such reduction in investment will directly affect growth in the long-range air defense system market.
• Travel restrictions and reduction in military activities due to COVID-19 has also adversely effected growth of rocket propulsion market, as demand of supportive weapons such as long-range missiles are also affected and thereby long-range air defense systems market.
• Demand may rise extensively in global long-range air defense systems market in upcoming quarter as industry's production has started to get momentum after tough phase of COVID-19.

𝐓𝐨𝐩 𝐢𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐟𝐚𝐜𝐭𝐨𝐫𝐬: 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐜𝐞𝐧𝐚𝐫𝐢𝐨 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐭𝐫𝐞𝐧𝐝𝐬, 𝐝𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐢𝐦𝐩𝐚𝐜𝐭 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬
Increase in defense expenditure for the development of air defense systems, rise in procurements of long-range air defense systems, changing nature of warfare, and growth in geopolitical instabilities across the globe are some of the major factors that drive the growth of the global long-range air defense systems market. However, high costs involved in the development of air defense systems and international policies regarding transfer of weapons are restraining the growth of the long-range air defense systems market. On the contrary, technological advancement in the air defense systems is expected to contribute further in the growth of the global long-range air defense systems market.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐩𝐫𝐨𝐜𝐮𝐫𝐞𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐥𝐨𝐧𝐠-𝐫𝐚𝐧𝐠𝐞 𝐚𝐢𝐫 𝐝𝐞𝐟𝐞𝐧𝐬𝐞 𝐬𝐲𝐬𝐭𝐞𝐦𝐬
Due to rise in regional conflicts between countries & for security needs, several countries are procuring advance air defense systems for their defense forces. For instance, in July 2019, Turkey has started receiving parts of air defense system, named S-400 from Russia. Moreover, India is expected to start receiving S-400 systems from end of 2021, which is the part of India's 5.43 billion USD deal with Russia for the 5 S-400 regiments. This S-400 system is a long-range air defense system that has capability of engaging & destroying incoming aerial targets at 400 Km distance. Hence, the demand for such long-range air defense system is increasing; thus, driving the growth of the global long-range air defense systems market.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/long-range-air-defense-systems-market/purchase-options

𝐊𝐞𝐲 𝐛𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:
• This study presents the analytical depiction of the long-range air defense systems industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global long-range air defense systems market share.
• The current market is quantitatively analyzed to highlight the global long-range air defense systems market growth scenario.
• Porter's five forces analysis illustrates the potency of the buyers & suppliers in the market.
• The report provides a detailed global long-range air defense systems market analysis based on competitive intensity and how the competition will take shape in coming years.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/9695

𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐥𝐨𝐧𝐠-𝐫𝐚𝐧𝐠𝐞 𝐚𝐢𝐫 𝐝𝐞𝐟𝐞𝐧𝐬𝐞 𝐬𝐲𝐬𝐭𝐞𝐦𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭:
• Which are the leading market players active in the global long-range air defense systems market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future that would help in taking further strategic steps?

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
• MBDA
• Thales
• Raytheon
• Lockheed Martin
• Northrop Grumman
• Boeing, Kongsberg Gruppen
• Rafael Advanced Defense Systems
• Saab
• Bharat Dynamics Limited

David Correa
Allied Market Research
+1 5038946022
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