Market Summary

The Short-Range Air Defense (SHORAD) System Market is growing due to innovation, evolving demand, and industry shifts. This report offers insights into market size, value, trends, competitive analysis, and key company strategies. It supports strategic planning with data-driven forecasts and regional insights, helping stakeholders identify opportunities, assess performance, and navigate the changing landscape effectively.

Key Report Highlights:

• Market size and projections
• Recent strategic moves by companies
• Primary stakeholders
• Import and export trends
• Competitive landscape assessment
• Emerging opportunities
• Market trends and indicators

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Market size and projections

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. 

Market Key Driver –

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.

Competitive Landscape:

The report profiles key players in the Short-Range Air Defense (SHORAD) System market, including:

• 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

These companies are adopting strategies such as mergers, acquisitions, and partnerships to strengthen their market position.

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Short-Range Air Defense (SHORAD) System Market Segmentation Analysis:

The market is segmented into the following categories:

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
• 1 to 5 Km
• 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

Based on End Users, the Military leads the global market. It holds around 70% market share. 

By Region

• North America
• South America
• Europe
• The Middle East

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

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Key Questions Covered in the Report:

1. What is the current size and value of the Short-Range Air Defense (SHORAD) System market?
2. How is the Short-Range Air Defense (SHORAD) System market expected to grow by 2030?
3. What key trends are shaping the future of the Short-Range Air Defense (SHORAD) System market?
4. What factors are driving demand in the Short-Range Air Defense (SHORAD) System industry?
5. Which regions show the strongest growth in the Short-Range Air Defense (SHORAD) System market?
6. Who are the major players in the Short-Range Air Defense (SHORAD) System market and their strategies?
7. What segments are leading revenue generation in the Short-Range Air Defense (SHORAD) System market?
8. How are regulations influencing the Short-Range Air Defense (SHORAD) System market outlook?
9. What are the major challenges facing the Short-Range Air Defense (SHORAD) System market?
10. What new technologies are emerging in the Short-Range Air Defense (SHORAD) System industry?
11. How is consumer behavior evolving in the Short-Range Air Defense (SHORAD) System market space?
12. What opportunities exist for new entrants in the Short-Range Air Defense (SHORAD) System market?
13. How does pricing vary across regions in the Short-Range Air Defense (SHORAD) System market?
14. What investment trends are impacting the Short-Range Air Defense (SHORAD) System market growth?
15. What is the forecasted CAGR for the Short-Range Air Defense (SHORAD) System market through 2030?

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