Global Man-Portable Air-Defense System (MANPADS) Market Trend, Size, Share, Trends, Growth, Report and Forecast 2024-2030

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Jun 18, 2024 - 21:57

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The most recent report by MarkNtel Advisors, titled "Global Man-Portable Air-Defense System (MANPADS) Market By Component (Missile, Launching Mechanism (Gripstock), Battery), By Missile Type (Infrared (IR) Homing Missile, Command Lone-of-Sight (CLOS) Missile, Laser Beam Missile), By Range (Short Range (Up to 5Km), Medium Range (5Km-10Km), Long Range (10Km-20Km). 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. " offers a comprehensive industry assessment and market outlook. This research presents an extensive overview of the present market conditions, encompassing market trends and the latest developments. The report delves deeply into aspects such as market size, market share, industry trends, forecasts, and the competitive landscape, providing a clear and well-supported depiction of the market through relevant statistical data.

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Global Man-Portable Air-Defense System (MANPADS) Market Driver:

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.

What do you get in this report?

Forecasts for the Global Man-Portable Air-Defense System (MANPADS) Market, encompassing both well-established and emerging markets.
An exploration of various market perspectives using Porter's Five Forces analysis.
Insights into the market sectors poised to dominate on a scale.
Projections for regions expected to experience the most rapid growth during the forecast period.
Examination of the latest developments, market shares, and marketing strategies employed by top competitors in the Global Man-Portable Air-Defense System (MANPADS) industry.
Factors influencing the overall market's growth trajectory.
Potential barriers to the market's expansion in the coming years.
An in-depth look at the competitive landscape and intricate insights into the potential business opportunities for key market players.
Pricing strategies adopted by various participants within the Global Man-Portable Air-Defense System (MANPADS) Market.

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Stay ahead of the market competition:

The report integrates factual data, numerical figures, and market insights to generate revenue assessments and market projections. This is accomplished through a diverse array of statistical tools and the expertise of industry professionals. Each prominent player undergoes a comprehensive examination, which includes a SWOT analysis, a detailed profile, and a complementary Porter's Five Forces analysis.

To seize emerging opportunities, key market participants have consistently been revaluating and adjusting their strategies and operational methods. Our analysis extends beyond major corporations to encompass regional small and medium-sized enterprises that hold significant roles and possess substantial growth potential. This approach allows us to accurately portray the level of competition within the industry.

This section provides detailed information about the key market participants: -

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.

In-depth analysis of Global Man-Portable Air-Defense System (MANPADS) Market Segmentation:

Our thorough analysis of market segmentation provides accurate and insightful data to assist our readers in making informed and strategic investment decisions. The research encompasses market forecasts at the global, regional, and national levels. It examines market trends within each market category for the years 2024 through 2030.

The Global Man-Portable Air-Defense System (MANPADS) Market is highly fragmented and categorized into the following segments:

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.

Key Questions:

What are the particular strategies and constraints impacting market demand?
How will patterns, challenges, and trends influence the expansion and extent of the market?
Which market factors will contribute to the formulation of client and corporate strategies?
What factors, such as rising demand and ongoing market developments, are exerting an influence?
What level of growth potential or capacity does the market possess in the near future?
Which region is likely to command the largest market share in the upcoming period?
Among the market segments discussed, which ones might be exploring opportunities for further expansion?

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.