Short Range Air Defense (SHORAD) missile system is a weapon or technology that involves detection, tracking, interception, and destruction of attacking short-range missiles. Originally, ADMS was used as a defense against nuclear-armed and intercontinental ballistic missiles (ICBMs); however, its application has widened to defense against short-ranged non-nuclear tactical and theater missiles.
The analysts forecast the global SHORAD missile system market to grow at a CAGR of 3.66% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global SHORAD missile system market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of SHORAD missile systems globally.
The market is divided into the following segments based on geography:
The report, Global SHORAD Missile System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- General Dynamics
- Lockheed Martin
- Rafael Advanced Defense
Other prominent vendors
- BAE Systems
- Northrop Grumman
- Growing R&D programs
- Growing countermeasures against ADMS
- Increased commercial off-the shelf procurement
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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- SHORAD missile systems: Overview
- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Market overview
- Market size and forecast
PART 07: Supply chain of global SHORAD missile system
PART 08: Value chain of the SHORAD missile system market
PART 09: Geographical segmentation
- Geographical segmentation by market share
- SHORAD missile system market in Americas
- SHORAD missile system market in EMEA
- SHORAD missile system market in APAC
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
- Competitive scenario
- General Dynamics
- Lockheed Martin
- Rafael Advanced Defense Systems
- Other prominent vendors
- List of abbreviations
List of Exhibits
Exhibit 01: SHORAD missile system market
Exhibit 02: Comparative analysis
Exhibit 03: Product offerings
Exhibit 04: Segmentation of SHORAD missile system market
Exhibit 05: Global SHORAD missile system market ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Supply chain of the SHORAD missile system market
Exhibit 08: Value chain of SHORAD system market
Exhibit 09: Geographical segmentation by market share in 2015 and 2020
Exhibit 10: Geographical segmentation of the global SHORAD missile defense system market ($ billions) (2015-2020)
Exhibit 11: SHORAD missile system market in the Americas ($ billions)
Exhibit 12: SHORAD missile system market in EMEA ($ billions)
Exhibit 13: Air defense programs in Europe
Exhibit 14: SHORAD missile system market in APAC ($ millions)
Exhibit 15: Factors contributing R&D programs
Exhibit 16: Advantages of C4ISR
Exhibit 17: Impact of drivers
Exhibit 18: Challenges due to the emerging technologies
Exhibit 19: Factors determining high demand of UAVs
Exhibit 20: Impact of drivers and challenges
Exhibit 21: Benefits of COTS procurement
Exhibit 22: Major competitors: Benchmarking
Exhibit 23: General Dynamics: Business segmentation by revenue in 2015 (%)
Exhibit 24: General Dynamics: Business segmentation by revenue in 2014 and 2015 ($ billions)
Exhibit 25: General Dynamics: Geographical segmentation by revenue in 2015 (%)
Exhibit 26: Lockheed Martin: Business segmentation by revenue in 2015 (%)
Exhibit 27: Lockheed Martin: Business segmentation by revenue in 2014 and 2015 ($ billions)
Exhibit 28: MBDA: Product segmentation
Exhibit 29: Raytheon: Business segmentation by revenue 2015 (%)
Exhibit 30: Raytheon: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 31: Raytheon: Geographical segmentation by revenue 2015 (%)
Exhibit 32: Rafael Advanced Defense Systems: Business offerings by applications
The author of the report recognizes the following companies as the key players in the global SHORAD missile system: General Dynamics, Lockheed Martin, MBDA, Rafael Advanced Defense, and Raytheon
Other Prominent Vendors in the market are: BAE Systems, Northrop Grumann, Rheinmetall, Thales, and Saab
Commenting on the report, an analyst from the research team said: “The first step toward defeating a fired ballistic missile is detecting it. The radars are the pivotal elements in the ballistic missile defense system, which rigorously search for attacking ballistic missiles. Once they detect a missile, they acquire, track, and use their powerful technology such as complex computer algorithms to discriminate between the non-threats and warheads, after which if the incoming missile is found to be hostile, the missile defense system attacks and destroys it.”
According to the report, the number of armed conflicts have been increasing globally in recent years, for example, the ISIS conflict, the conflict between the Lebanon conflict, Russia and Ukraine conflict over Crimea, the Syrian Civil War, Indo-Pak conflict over Kashmir, and the conflicts between the US and North Korea. Such tensions across borders and between countries and the development of missiles have led the nations to think about defensive strategies, which has led to the increase in the demand for short-range air defense missile systems. For instance, the wars in Iraq and Afghanistan have forced defense agencies to develop the air defense missile systems.
Further, the report states that rising investments and R&D have increased the complexity in the operation of modern radar systems. The modern anti-ship and the land-attack cruise missiles are hard to detect, due to the reduced radar cross-sections (RCS) of their aerodynamic designs, thereby reducing the defense against cruise and guided missiles. Thus, current defense missiles technologies must be improved to counter such threats.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.