Future of Global Man-Portable Air-Defense System (MANPADS) Market: Key Dynamics, Size & Share Analysis

The Man-Portable Air-Defense System (MANPADS) Market is estimated to grow at a CAGR of around 8.19% during the forecast period, i.e., 2024-30. The growth of the market is propelled by the increasing internal and international military conflicts worldwide and the massive military expenditure by various countries.

Top Market Challenges Impacting the Global Man-Portable Air-Defense System (MANPADS) Market Growth

Illicit Trade of MANPADS to Impede the Market Growth – Over the past decade, there has been a significant increase in the illicit trade of surface-to-air missiles, also known as man-portable air defense systems (MANPADS). Black market transactions generally include small numbers of MANPADS stolen by individuals from state inventories. MANPADS have been transferred illegally from states to non-state actors.

Understanding the Core Segments in the Global Man-Portable Air-Defense System (MANPADS) Market

By Component (Missile, Launching Mechanism (Gripstock), Battery), By Missile Type (Infrared (IR) Homing Missile, Command Lone-of-Sight (CLOS) Missile, Laser Beam Missile), By Range (Short Range (Up to 5Km), Medium Range (5Km-10Km), Long Range (10Km-20Km)),

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Geographical Analysis of the Global Man-Portable Air-Defense System (MANPADS) Market

By Region

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

Who Dominates the Global Man-Portable Air-Defense System (MANPADS) Market Insights on Key Industry Players?

Companies are strengthening their presence in the Man-Portable Air-Defense System (MANPADS) 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.

• MBDA
• Saab AB
• Mesko
• JADARA Equipment & Defence Systems
• General Dynamics Corporation
• Rheinmetall AG
• KB Mashynostroyeniya
• Sputnik
• Raytheon Technologies Corporation
• Leonardo S.p.A
• Lockheed Martin Corporation
• Israel Aerospace Industry (IAI)
• Thales

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