Air Defense Systems Market Report, Size, Industry Growth, Demand and Opportunity 2022-27
The latest research study “ Air Defense Systems Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global air defense systems market size reached US$ 42.37 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 57.86 Billion by 2027, exhibiting a growth rate (CAGR) of 5.20% during 2022-2027. Air defense systems are advanced technologies that are used for intercepting, detecting, tracking, attacking, and destroying ballistic missiles or enemy aircraft. They can be of various types, such as missile defense systems, counter unmanned aerial systems (C-UAS), anti-aircraft systems, counter rockets, artillery and mortar (C-RAM) systems, etc. These air defense systems aid in nullifying incoming targets and protecting army bases, mobile platforms, and land-based fixed assets, from combat aircraft, unmanned air vehicles (UAVs), rockets, and guided munition. They are even equipped with electro-optic