1. What is the projected Compound Annual Growth Rate (CAGR) of the Man-Portable Air-Defense Systems (MANPADS) Market ?
The projected CAGR is approximately 13.8%.
+1 2315155523
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.
Man-Portable Air-Defense Systems (MANPADS) Market Man-Portable Air-Defense Systems (MANPADS) Market by Component (Missile, Launching Mechanism (Gripstock), by Missile Type (IR Homing Missile, Command Lone-Of-Sight (CLOS), by Range (Short Range (Up to 5Km), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2026-2034
The Man-Portable Air-Defense Systems (MANPADS) Market size was valued at USD 12.8 USD Billion in 2023 and is projected to reach USD 31.64 USD Billion by 2032, exhibiting a CAGR of 13.8 % during the forecast period. MANPADS stands for Man-Portable Air-Defense System, which is a portable ground-to-air missile system utilized by single operators or small groups to shoot down aircraft and helicopters. The main categories are infrared-homing missiles, radar-guided missiles, and laser-guided missiles. MANPADS are classified as infrared, radar, and laser depending on their guidance system Infrared-guided MANPADS uses the heat of the engines of the aircraft while the radar-guided system locks the target through radar, and the laser-guided uses a laser beam for direction. Easy mobility, simplicity in handling, and the ability to launch them in the shortest time are the main characteristics of MANPADS. Such systems are often employed in the military sphere as air defenses at short distances, guarding important facilities, and sometimes by militants in wars.
-Market-.png&w=1920&q=75)
-Market-.png&w=1920&q=75)
The market for Man-Portable defense systems (MANPADS) is highly fragmented due to the presence of a large number of regional players. North America is expected to hold the largest market share, followed by Europe and Asia-Pacific.
-Market-.png&w=1920&q=75)
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 13.8% from 2020-2034 |
| Segmentation |
|
Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 13.8%.
Key companies in the market include Raytheon Technologies Corporation, Thales, MBDA, SAAB, Mesko, Lockheed Martin Corporation, General Dynamics Corporation, IAI, KB Mashinostroyeniya, and others..
The market segments include Component, Missile Type, Range.
The market size is estimated to be USD 12.8 USD Billion as of 2022.
Various Upgradations in Existing Naval Guns and Ammunition to Aid Market Growth.
The development of Digital Radiography Technology for X-ray inspection is the Latest Market Trend.
Complex Regulatory Environments and High Training Costs May Impede Industry Growth.
N/A
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.
The market size is provided in terms of value, measured in USD Billion and volume, measured in K Units .
Yes, the market keyword associated with the report is "Man-Portable Air-Defense Systems (MANPADS) Market ," which aids in identifying and referencing the specific market segment covered.
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
To stay informed about further developments, trends, and reports in the Man-Portable Air-Defense Systems (MANPADS) Market , consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.