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The Global Short-Range Air Defense (SHORAD) System Market size was valued at around USD 18 billion in 2024 and is projected to reach USD 26 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6% during the forecast period 2025-30. The increasing threat of Unmanned Aerial Systems on the battlefield is growing intensively, which in turn is bringing in the market demand that helps in the protection from these threats. The surge in geopolitical tensions in regions such as Central Asia, the Middle East, South and Southeast Asia & Europe accelerates the demand for these systems.

Top Market Challenges Impacting the Short-Range Air Defense (SHORAD) System Market Growth

High Costs of Short-Range Air Defense Systems – The creation of Short-Range Air Defense Systems comes with great challenges because of their high per-unit cost. Moreover, the R&D expenditure incurred by the manufacturers is also colossal. Expenses consist of sophisticated missile systems, radar technology, incorporation into the current defense infrastructure, and maintenance and training costs. Therefore, the budgetary requirements for creating and maintaining SHORAD capabilities continue to be a substantial challenge in the international defense sector.

Understanding the Core Segments in the Short-Range Air Defense (SHORAD) System Market

Short-Range Air Defense (SHORAD) System Market Size, Share & Industry Trends Analysis- Air Defense System Market Size - By Component (Weapon System, Fire Control System, Command & Control System, Other Components), By Technology (Radar-Guided Systems, Electro-Optical Systems, Infrared(Eo/Ir) Systems, Jamming Technology), By Range (Upto 2 Km, 2.1 to 5 Km, 5.1 Km to 30 Km), By System Type (Missile Systems, Gun Systems, Laser Systems, Electromagnetic Systems), By Platform (Land Based, Navel, Airborne), By End User (Military, Defense Force, Paramilitary) and others

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Geographical Analysis of the Short-Range Air Defense (SHORAD) System Market

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Out of them, North America dominates the Global Short-Range Air Defense (SHORAD) System Market. It holds approximately 30% of the total market value.

Who Dominates the Short-Range Air Defense (SHORAD) System Market Insights on Key Industry Players?

Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

• Israel Aerospace Industries
• Saab AB
• BAE Systems plc
• Lockheed Martin Corporation
• Thales Group
• RTX Corporation
• Rheinmetall AG
• MBDA Inc.
• Leonardo S.p.A.
• Elbit Systems Ltd.
• Northrop Grumman Corporation
• ASELSAN A.Ş
• L3Harris Technologies Inc.
• Boeing Company
• General Dynamics Corporation
• Rafael Advanced Defense Systems Ltd.
• Almaz Antey Corporation
• Nexter Systems
• Bharat Electronics Limited
• Kongsberg Gruppen

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