Short-Range Air Defense (SHORAD) System Market Scope & Volume...

Short-Range Air Defense (SHORAD) System Market Scope & Volume Analysis with Executive Summary 2030

Posted 2025-10-07 07:19:02

Future Global Short-Range Air Defense (SHORAD) System Market: Key Dynamics, Size & Share Analysis

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.

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

Intensification of Defense Initiatives Worldwide – In 2025, the world has transformed into a boiling pot owing to an exponential surge in military confrontations and defense preparedness. The spillover effect of the Russo-Ukraine war can be seen across the globe.

The countries in Europe have planned to invest more than USD 1 trillion in defense procurements. The US has been gradually increasing its presence in East Asia and the Indian Ocean to counter Chinese expansion. The Israel-Gaza conflict has already entered its 2nd year in 2025, with war expanding to Lebanon, Syria, Palestine, and Iran. The Ukraine conflict has increased the need for SHORAD systems against missile strikes and drones. Countries like Saudi Arabia and the UAE are also influenced by the successes of such SHORAD systems. Both countries are in discussion with Korean, European, and US-based manufacturers for the procurement of SHORAD systems.

These increasing tensions have increased defense activity, such as investments made into the acquisition and R&D of SHORAD systems. In November 2023, India's Bharat Dynamics Limited and Russia's Rosoboronexport signed a memorandum of understanding to partner on the Pantsir self-propelled anti-aircraft gun and missile (SPAAGM) system. It is an air defense system with a short range, placed on a wheeled chassis, armed with some surface-to-air missiles and twin 30 mm guns.

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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 - 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

Geographical Analysis of the Smart Irrigation Market

-By Region

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 Short-Range Air Defense (SHORAD) System 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
Others

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