Air Defense System Scrutinized in New Research by MarketsandMarkets

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• The Air Defense System Market is projected to
  grow from 30.57 Billion in 2017 to 45.19
  Billion by 2024, at a CAGR of 5.74 from 2017 to
  2024. The objectives of this study are to analyze
  the air defense system market, along with the
  statistics from 2017 to 2024 as well as define,
  describe, and forecast the air defense system
  market based on range, platform, type, component,
  and region. The year 2016 has been considered as
  the base year while 2017 to 2024 has been
  considered as the forecast period for this study
  on the air defense system market.
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• https//www.marketsandmarkets.com/pdfdownloadNew.a
  sp?id248518928
• The ecosystem of the air defense system market
  includes manufacturers of air defense systems
• such as Saab AB (Sweden), Israel Aerospace
  Industries Ltd. (Israel), Raytheon Company (US),
  Thales Group (France), Lockheed Martin
  Corporation (US), Hanwa Corporation (South
  Korea), and BAE Systems PLC (UK), among others.
• Target Audience for this Report
• Manufacturers of Air Defense Systems
• System Integrators
• Manufacturers of Sensors and Radar
• Defense Software Providers
• Original Equipment Manufacturers (OEMs)
• Subcomponent Manufacturers
• Military Service Providers
• Potential Investors (Venture Capitalists)
• Based on platform, the air defense system market
  has been segmented into land, naval, and
  airborne. The land segment is projected to lead
  the air defense system market in 2017 by
  accounting for a share of 71.6 of the market.
  Technological advancements taking place in short
  range, medium range, and guided missile systems
  are the factors driving the growth of the land
  segment of the air defense system market.
• Based on range, the air defense system market has
  been segmented into long range air defense
  (LRAD) system, medium range air defense (MRAD)
  system, and short range air defense (SHORAD)
  system. The long range defense (LRAD) system
  segment is estimated to lead the air defense
  system market in 2017. Increasing attack threats
  from long range missile launches, asymmetric
  warfare, and intercontinental ballistic missiles
  across the globe are some of the factors

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fueling the growth of the long range defense
(LRAD) system segment of the air defense system
market. Based on type, the air defense system
market has been segmented into anti-aircraft
system, missile defense system, and Counter
Rocket, Artillery, and Mortar (C-RAM) system.
The missile defense system segment is projected
to lead the air defense system market during the
forecast period. The air defense system market
has been studied for North America, Europe, Asia
Pacific, the Middle East, and Rest of the
World. The Asia Pacific region is estimated to
lead the air defense system market in 2017. The
Asia Pacific air defense system market is
projected to grow at the highest CAGR during the
forecast period. The growth of the Asia Pacific
air defense system market can be attributed
increased investments being made by countries
such as China, India, Japan, South Korea, Taiwan,
and Australia in the development of advanced air
defense systems to strengthen defense systems of
their combat zones to avoid and tackle threats
arising from regional conflicts such as
India-Pakistan border conflict, South China Sea
Conflict, and non-conventional threats from
terrorist groups such as ISIS. Speak to our
analyst _at_ https//www.marketsandmarkets.com/speakt
oanalystNew.asp?id248518928 About
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