Global Man-Portable Air-Defense System (MANPADS) Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Man-Portable Air-Defense System (MANPADS) Market Industry (2024-2030):

According to the latest report, the Global Man-Portable Air-Defense System (MANPADS) Market is estimated to grow at a CAGR of around 8.19% during the forecast period, i.e., 2024-30 The report demonstrates the prominent factors propelling the exponential growth of the Global Man-Portable Air-Defense System (MANPADS) Market.


Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2019-2022

·        Base year: 2023

·        Forecast Years: 2024-2030

·        CAGR (2024-30): 8.19%

Key Perks: “In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”

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What are the major Driver the Global Man-Portable Air-Defense System (MANPADS) Market industry?

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.

Global Man-Portable Air-Defense System (MANPADS) Market Segmentation

The Global Man-Portable Air-Defense System (MANPADS) Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are 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

As per the regional aspect, the Global Man-Portable Air-Defense System (MANPADS) Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/manpads-market.html

Top Companies in the Global Man-Portable Air-Defense System (MANPADS) Market

MBDA, Saab AB, Mesko, JADARA Equipment & Defense Systems, General Dynamics Corporation, Rheinmetall AG, KB Mashynostryeniya, Sputnik, Raytheon Technologies Corporation, Leonardo S.p.A, Lockheed Martin Corporation, Israel Aerospace Industry (IAI), Thales, etc

Other reports:

Static Equipment Market

Static Equipment Market Share

Static Equipment Market Size

Static Equipment Market News

Static Equipment Market Trends

Global Man-Portable Air-Defense System (MANPADS) Industry Recent Development:

·        2022: Raytheon Technology Corporation received a USD624.6 million deal for the procurement of a Stinger Man-Portable Air Defense System (MANPADS) to aid Ukraine in its fight against Russia.

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Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

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