Global Short-Range Air Defense (SHORAD) Market Report 2019-2024

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Sep 10, 2019, 12:45 ET

DUBLIN, Sept. 10, 2019 /PRNewswire/ -- The "Global Short-Range Air Defense Market, Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The purpose of this study is to offer an understanding of SHORAD capabilities on a global level. The insight is designed to familiarize readers with the who, what, and where of the global SHORAD market. Understanding what systems exist and which companies are participating in the sale and development of SHORAD systems is essential for any potential competitor attempting to enter the SHORAD market.

Short range air defense (SHORAD) systems have been in military inventories worldwide for decades and have undergone evolutionary changes. Through the years, new technologies have enhanced their capabilities to meet evolving threats. The emergence of asymmetric threats such as drones, long-range rockets, and suicide attacks have triggered companies to refocus their efforts on developing improved capabilities for SHORAD systems.

Several objectives this insight will achieve are:

To identify some of the indigenous regional companies that participate in the SHORAD market and the category of systems offered
To highlight the total defense spending by region and country that use SHORAD systems to provide a geospatial framework of probable consumer leaders
To accentuate some regional events and transactions that specifically involve the SHORAD market to provide a good sense of market activities and participants
To provide estimated spending forecasts globally and regionally through 2024 for current and future market participants to position themselves strategically to seize potential opportunities
To identify some common trends related to the SHORAD market that provide insights on technologies and innovations are emerging and what consumers are demanding

The primary systems involved with SHORAD are surface-to-air missiles (SAM) and anti-aircraft artillery (AAA); however, development efforts concerning directed energy (DE) have introduced the use of laser for SHORAD. The principal intent of this insight is to present a comprehensive picture of the SHORAD systems that are being utilized globally to identify potential opportunities that may exist now and in the future.

All figures concerning defense spending and government contract awards are based on CY2018 to maintain an equal point of reference. Spending forecasts for this insight are constructed using the most current budget documents available, best estimates based on unsubstantiated secondary data, and defense spending trends. As this insight is not an in-depth effort, the enclosed rough forecast approximations are provided to offer a reasonable indication of where potential opportunities may exist.

Key Topics Covered:

1. Executive Summary

Key Findings
SHORAD Market Participants
Key Market Trends

2. Research Scope, Objectives, and Methodology

Research Scope
Market Definitions
Research Aims and Objectives

3. Market Forecast

Spending Forecast
Percent Spending Forecast by Region

4. APAC Review

Overview
Systems Inventory
Spending Forecast
Spending Forecast Discussion

5. APAC SHORAD Company Profiles

National Chung-Shan Institute of Science and Technology
Hanwha Defense Systems
LIG Nex 1 Co. Ltd
Toshiba

6. Europe Review

Overview
Systems Inventory
Spending Forecast
Spending Forecast Discussion

7. European SHORAD Company Profiles

BAE Systems
Leonardo
MBDA
Mesko
Rheinmetall
Saab
Thales

8. LATAM Review

Overview
Systems Inventory
Spending Forecast
Spending Forecast Discussion

9. LATAM SHORAD Company Profiles

ARES

10. MEA Review

Overview
Systems Inventory
Spending Forecast
Spending Forecast Discussion

11. MEA SHORAD Company Profiles

ASELSAN
Israel Aerospace Industries
Rafael Advanced Defense Systems LTD.

12. North America Review

Overview
Systems Inventory
Spending Forecast
Spending Forecast Discussion

13. North American SHORAD Company Profiles

Raytheon
Boeing

14. Growth Opportunities and Companies to Action

Growth Opportunity 1 - Short-range SAM System Upgrades
Growth Opportunity 2 - Revival of Old AAA Systems
Growth Opportunity 3 - Directed Energy Developments
Strategic Imperatives for SHORAD Market Participants

15. Conclusions

Companies Mentioned

ARES
ASELSAN
BAE Systems
Boeing
Hanwha Defense Systems
Israel Aerospace Industries
Leonardo
LIG Nex 1 Co. Ltd
MBDA
Mesko
National Chung-Shan Institute of Science and Technology
Rafael Advanced Defense Systems LTD.
Raytheon
Rheinmetall
Saab
Thales
Toshiba

For more information about this report visit https://www.researchandmarkets.com/r/itrov2

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