Description

Air and Missile Defense Market

Air and missile defense systems are primarily employed to intercept targets at short to medium ranges and offer deterrence against aircraft and missiles. Surface-to-air missile defense systems (SAM) are the most common type of air defense system in operation around the world. SAMs use radar data to guide them to their target. Modern air defense systems can detect and track numerous targets at the same time, as well as engage multiple targets at the same time. The system detects threats with long-range radars and relays the information to a command vehicle for friend or foe identification. The data is then transmitted to the engagement radar, which aids in guiding the missile toward the target. Some missile defense systems may destroy objects that fly quite close to the ground.

Sea-based air and missile defense systems are thought to be critical for the survival of high-value targets like aircraft carriers. Air defense systems are also used to safeguard critical assets such as military installations, important government infrastructure, and presidential palaces. One or two soldiers normally operate Man Portable Air Defense Systems (MANPADS). They can be set up in about 60 seconds and have an infrared navigation system. Some MANPADS missiles feature both IR and UV sensors to avoid flare countermeasures. In a disputed battle environment, MANPADS are typically deployed against helicopters and airplanes. MANPADS allow soldiers to shoot and scoot, allowing them to engage the next target without revealing their location.

Modern Air and Missile Defense Systems are intended to bring together multiple capabilities from across the combined force to protect a specific area against fast-moving air and missile threats. Sensors from all defense capabilities must be coupled in various ways to decide systems that assess and judge how best to deal with inbound threats.

Major factors driving Air and Missile Defense Market Growth

Force modernization programs will for radar systems and missile defense systems be one of the air and missile market trends that will drive the growth of the market growth. National procurement programs will also be a primary driver of the market.

Trends Influencing the Air-Missile Defense Market Size

As warfighters become overburdened by shorter decision cycles, bigger volumes of data, and more technology systems to manage, the military around the world has realized the need for automated decision aids to support combat management. To date, great attention has been placed on data collecting, data fusion, and data analytics to obtain situational awareness on the battlefield. However, there is a new frontier and opportunity for leveraging this data to develop choice options and anticipate the outcomes of military actions. The use of artificial intelligence defense AI is expected to improve battle management decisions in the time-sensitive context of air and missile defense. Integration of AI in air and missile defense systems will be one of the key market trends that will influence the growth of the market.

Air-Missile Defense Market Forecast & Dynamics

Increasing defense spending will drive the market. New procurement activities and upgrades to existing platforms with newer capabilities are increasing. The increase in defense spending will encourage the procurement of new air and missile defense systems. Procurement will also be driven by prevailing geo-political conditions in Europe and the Asia Pacific.

The market forecast includes a comprehensive market analysis and market size. The market analysis includes regional market size, drivers, restraints, and opportunities.  The regional analysis also includes country-wise market size.

Air and Missile Defense Market Analysis for Recent Developments

In Kazakhstan, Russia tests a new missile from its air defense system to defend against air-space attacks. According to Major General Sergey Grabchuk, chief of the Air Force missile defense unit, combat calculations completed the task, hitting a conditional target with defined precision, after multiple tests that demonstrated the inherent qualities. The Russian Air Force is using the missile defense system.cThe technology is intended to protect against airspace attacks. The MOD also made a video of the missile launch available. However, the Ministry did not divulge the name of the missile or the anti-missile defense system. Established in 1956, the Sary-Shagan test site conducts research on strategic anti-aircraft defense, anti-ballistic missile defense, and anti-satellite systems.

Turkey has agreed to begin mass manufacturing of its indigenous air defense systems and its first national tactical ballistic missile Tayfun. According to Xinhua, the committee reached such judgments over 25 significant defense industry projects during a meeting presided over by President Recep Tayyip Erdogan. Erdogan previously stated that Tayfun will have a range of 1,000 kilometers. According to a committee statement, the indigenous air defense systems that will go into mass production include the surface-to-air missile Siper, low-altitude air defense missiles Hisar and Sungur, anti-ship missile Atmaca, laser-guided missile TRLG-230, anti-tank missile Karaoke, and air-to-air missiles Gokdogan and Bozdogan.

Another successful live-fire demonstration of the cutting-edge, 360-degree Lower Tier Air and Missile Defense Sensor, or LTAMDS, was accomplished by Raytheon, an RTX (NYSE: RTX) company. After the successful completion of contractor verification testing and the cruise missile live fire test, this tactical ballistic missile live fire is the most recent in a string of successful test events. Every milestone verifies the radar’s functionality and advancement through testing during development. A tactical ballistic missile surrogate was launched during this test event, which was carried out in collaboration with the US Army, and it flew a trajectory that was typical of a threat. After LTAMDS acquired and tracked the target, it guided a PAC-3 Cost Reduction Initiative (CRI) missile to intercept. The target’s track data was transferred to the Integrated Battle instruction System (IBCS) for launch instruction. At various government and Raytheon test facilities, six LTAMDS radars are presently undergoing simultaneous integration and testing. In 2024, formal testing will resume. The U.S. Army’s next-generation air and missile defense radar is called LTAMDS. LTAMDS is a 360-degree Active Electronically Scanned Array radar that offers significantly improved performance against various threats, including manned and unmanned aircraft, cruise missiles, ballistic missiles, and hypersonic vehicles. It is powered by Gallium Nitride, which is made by Raytheon.