Man-portable Air Defense Systems (MANPADS) Market size is estimated to be USD 5.23 Billion in 2024 and is expected to reach USD 7.89 Billion by 2033 at a CAGR of 5.2% from 2026 to 2033.
The global Man-portable Air Defense Systems (MANPADS) market is witnessing significant growth, driven by the increasing demand for advanced defense solutions. With a rising emphasis on national security and defense modernization, MANPADS are being widely adopted by both military and paramilitary forces across the globe. These systems offer enhanced protection against aerial threats, especially in regions with escalating security concerns. The market is segmented based on product types, including infrared and laser-guided systems, and by deployment types such as land-based and maritime-based systems. Additionally, the market's competitive landscape is shaped by the presence of key players offering innovative solutions to meet the evolving demands of defense forces. The Asia-Pacific region is expected to experience the highest growth in the coming years, due to increasing defense budgets and territorial security concerns, while North America and Europe maintain a strong market presence.
As the global security landscape continues to evolve, the opportunities within the MANPADS market expand, driven by technological advancements and evolving defense strategies. Governments are increasingly investing in the development of more sophisticated and compact MANPADS, offering higher levels of mobility and firepower for ground forces. This provides significant opportunities for manufacturers to innovate and introduce next-generation systems that are lightweight, cost-effective, and capable of countering emerging threats like drones and other unmanned aerial vehicles (UAVs). Furthermore, the growing geopolitical tensions in various parts of the world continue to fuel the demand for reliable defense technologies, positioning MANPADS as a critical component of modern defense arsenals. As countries prioritize defense preparedness, market players are likely to capitalize on the expanding defense budgets and partnerships with military forces to meet the rising need for air defense solutions.
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Heavy Machine Guns (HMGs)
BAE Systems
FN Herstal
General Dynamics Corporation
Heckler & Koch GmbH
Israel Aerospace Industries
Lockheed Martin Corporation
Raytheon Technologies Corporation
Rheinmetall AG
Saab AB
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Man-portable Air Defense Systems (MANPADS) Market
Infrared Homing
Laser-guided
Electro-Optical
Other guidance technologies
Shoulder-fired
Vehicle-mounted
Portable deployment systems
Short-range (up to 5 km)
Medium-range (5 km to 15 km)
Long-range (above 15 km)
Military
Paramilitary
Security Forces
Civilian Defense
Government and Defense
Private Entities
Non-Governmental Organizations (NGOs)
Foreign Military Sales (FMS)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Man-portable Air Defense Systems (MANPADS) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Man-portable Air Defense Systems (MANPADS) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Man-portable Air Defense Systems (MANPADS) Market, By Type
6. Global Man-portable Air Defense Systems (MANPADS) Market, By Application
7. Global Man-portable Air Defense Systems (MANPADS) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Man-portable Air Defense Systems (MANPADS) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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