The man-portable air defense systems market size has grown strongly in recent years. It will grow from $4.83 billion in 2024 to $5.13 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to rising global military tensions, an increase in terrorist threats, a rise in the need for portable air defense solutions, growth in asymmetric warfare, expanding defense budgets, and demand for enhanced troop protection against low-flying aerial threats.
The man-portable air defense systems market size is expected to see strong growth in the next few years. It will grow to $6.47 billion in 2029 at a compound annual growth rate (CAGR) of 6%. Increasing threats from drones, accelerated defense modernization initiatives, growing demand for portable anti-aircraft solutions, heightened geopolitical conflicts, stronger border security focus, and expanded investments in counter-air capabilities will collectively drive this growth. Key trends expected in the forecast period include advancements in infrared homing, improved target recognition, battlefield network integration, ergonomic and lightweight designs, greater range and precision, resistance to countermeasures, and progress in drone technology.
The increasing defense budget is expected to propel the growth of the man-portable air defense systems market going forward. Defense budget refers to the funds allocated by a nation's military to purchase, replenish, and maintain its stockpile of bullets, shells, missiles, and other munitions. As geopolitical tensions rise, countries are dedicating more resources to military preparedness and modernization to safeguard national security. This increase in defense spending fuels development in man-portable air defense systems through greater investment in innovative technologies, enhanced capabilities, and broader deployment. For example, in December 2023, according to the House of Commons Library, a UK-based library, the UK won defense orders worth $16.04 billion (£12 billion) in real terms in 2022. This is a $6.15 (£4.6 billion) increase from 2021, reflecting a significant rise in defense procurement and investment in advanced military capabilities. Therefore, the increasing defense budget is driving the growth of the man-portable air defense systems market.
Leading companies in the man-portable air defense systems market are emphasizing advancements in laser-guided missile technologies to boost precision and operational effectiveness. Laser-guided missile systems utilize laser beam guidance to accurately track and engage aerial targets, minimizing collateral damage and increasing interception success rates. For instance, in October 2022, Bharat Dynamics Limited (BDL), an India-based defense manufacturer, introduced Sanharika, a laser-guided short-range air defense system mounted on the ARMADO light strike vehicle, showcased at DefExpo 2022. Developed in collaboration with Thales UK, Sanharika employs a laser beam riding missile (LBRM) tailored for quick deployment and high maneuverability. This system presents a cost-efficient, agile option for short-range defense against emerging low-altitude threats like drones and helicopters.
In September 2024, Honeywell International Inc., a US-based aerospace company, acquired CAES Systems Holdings LLC for an amount of $1.9 billion. The acquisition aims to expand Honeywell’s presence in the defense electronics market by integrating CAES’s advanced electronic warfare and cyber technologies. This move enhances Honeywell’s ability to provide comprehensive solutions for modern military platforms requiring superior electronic protection and threat detection. CAES Systems Holdings LLC is a US-based defense company that specializes in providing mission-critical electronic solutions and systems, including man-portable air defense systems.
Major players in the man-portable air defense systems market are General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems Inc., Thales Group, Leonardo S.p.A., Rheinmetall AG, Elbit Systems Ltd., Israel Aerospace Industries, Kongsberg Defense and Aerospace, Saab AB, MBDA, Hellenic Defense Systems, ASELSAN A.S., Bharat Dynamics Limited, PT Pindad, MESKO S.A., JADARA Equipment and Defense Systems, Raytheon Technologies Corporation, Almaz-Antey, and VEM Technologies.
North America was the largest region in the man-portable air defense systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in man-portable air defense systems report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the man-portable air defense systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the construction sector, particularly in materials procurement and project costs. Higher duties on imported steel, aluminum, lumber, and machinery have driven up expenses for builders, contractors, and infrastructure developers, leading to increased project bids and delayed timelines. Construction equipment manufacturers face similar challenges, with tariffs on essential components and raw materials inflating production costs and squeezing margins. Additionally, retaliatory tariffs in international markets have curtailed exports of U.S.-made construction equipment and materials, further affecting profitability. The sector must now prioritize local sourcing, modular construction techniques, and supply chain diversification to control costs and ensure project viability amid ongoing trade uncertainties.
Man-Portable Air Defense Systems (MANPADS) are shoulder-fired surface-to-air missile (SAM) systems designed for operation by a single individual or a small team. Their primary role is to engage and destroy low-flying aircraft such as helicopters, drones, and fixed-wing planes.
The main components of man-portable air defense systems include missiles, launching mechanisms (gripstocks), batteries, and other related parts. The missile acts as the core element, engineered to detect, track, and neutralize hostile aircraft. These systems employ a variety of guidance technologies, such as infrared homing, laser-guided, and electro-optical systems. Launching mechanisms are available in several configurations including shoulder-fired, vehicle-mounted, and portable deployment. MANPADS are utilized in numerous applications across military, paramilitary, security forces, and civilian defense sectors. They are operated by governments, defense agencies, private organizations, NGOs, and are distributed through foreign military sales (FMS).
The man-portable air defense systems market research report is one of a series of new reports that provides man-portable air defense systems market statistics, including the man-portable air defense systems industry global market size, regional shares, competitors with the man-portable air defense systems market share, detailed man-portable air defense systems market segments, market trends, and opportunities, and any further data you may need to thrive in the man-portable air defense systems industry. This man-portable air defense systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The man-portable air defense systems market consists of sales of shoulder-fired missile systems and their associated launch units, tracking systems, targeting aids, and related components and technologies. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The man-portable air defense systems market size is expected to see strong growth in the next few years. It will grow to $6.47 billion in 2029 at a compound annual growth rate (CAGR) of 6%. Increasing threats from drones, accelerated defense modernization initiatives, growing demand for portable anti-aircraft solutions, heightened geopolitical conflicts, stronger border security focus, and expanded investments in counter-air capabilities will collectively drive this growth. Key trends expected in the forecast period include advancements in infrared homing, improved target recognition, battlefield network integration, ergonomic and lightweight designs, greater range and precision, resistance to countermeasures, and progress in drone technology.
The increasing defense budget is expected to propel the growth of the man-portable air defense systems market going forward. Defense budget refers to the funds allocated by a nation's military to purchase, replenish, and maintain its stockpile of bullets, shells, missiles, and other munitions. As geopolitical tensions rise, countries are dedicating more resources to military preparedness and modernization to safeguard national security. This increase in defense spending fuels development in man-portable air defense systems through greater investment in innovative technologies, enhanced capabilities, and broader deployment. For example, in December 2023, according to the House of Commons Library, a UK-based library, the UK won defense orders worth $16.04 billion (£12 billion) in real terms in 2022. This is a $6.15 (£4.6 billion) increase from 2021, reflecting a significant rise in defense procurement and investment in advanced military capabilities. Therefore, the increasing defense budget is driving the growth of the man-portable air defense systems market.
Leading companies in the man-portable air defense systems market are emphasizing advancements in laser-guided missile technologies to boost precision and operational effectiveness. Laser-guided missile systems utilize laser beam guidance to accurately track and engage aerial targets, minimizing collateral damage and increasing interception success rates. For instance, in October 2022, Bharat Dynamics Limited (BDL), an India-based defense manufacturer, introduced Sanharika, a laser-guided short-range air defense system mounted on the ARMADO light strike vehicle, showcased at DefExpo 2022. Developed in collaboration with Thales UK, Sanharika employs a laser beam riding missile (LBRM) tailored for quick deployment and high maneuverability. This system presents a cost-efficient, agile option for short-range defense against emerging low-altitude threats like drones and helicopters.
In September 2024, Honeywell International Inc., a US-based aerospace company, acquired CAES Systems Holdings LLC for an amount of $1.9 billion. The acquisition aims to expand Honeywell’s presence in the defense electronics market by integrating CAES’s advanced electronic warfare and cyber technologies. This move enhances Honeywell’s ability to provide comprehensive solutions for modern military platforms requiring superior electronic protection and threat detection. CAES Systems Holdings LLC is a US-based defense company that specializes in providing mission-critical electronic solutions and systems, including man-portable air defense systems.
Major players in the man-portable air defense systems market are General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems Inc., Thales Group, Leonardo S.p.A., Rheinmetall AG, Elbit Systems Ltd., Israel Aerospace Industries, Kongsberg Defense and Aerospace, Saab AB, MBDA, Hellenic Defense Systems, ASELSAN A.S., Bharat Dynamics Limited, PT Pindad, MESKO S.A., JADARA Equipment and Defense Systems, Raytheon Technologies Corporation, Almaz-Antey, and VEM Technologies.
North America was the largest region in the man-portable air defense systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in man-portable air defense systems report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the man-portable air defense systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the construction sector, particularly in materials procurement and project costs. Higher duties on imported steel, aluminum, lumber, and machinery have driven up expenses for builders, contractors, and infrastructure developers, leading to increased project bids and delayed timelines. Construction equipment manufacturers face similar challenges, with tariffs on essential components and raw materials inflating production costs and squeezing margins. Additionally, retaliatory tariffs in international markets have curtailed exports of U.S.-made construction equipment and materials, further affecting profitability. The sector must now prioritize local sourcing, modular construction techniques, and supply chain diversification to control costs and ensure project viability amid ongoing trade uncertainties.
Man-Portable Air Defense Systems (MANPADS) are shoulder-fired surface-to-air missile (SAM) systems designed for operation by a single individual or a small team. Their primary role is to engage and destroy low-flying aircraft such as helicopters, drones, and fixed-wing planes.
The main components of man-portable air defense systems include missiles, launching mechanisms (gripstocks), batteries, and other related parts. The missile acts as the core element, engineered to detect, track, and neutralize hostile aircraft. These systems employ a variety of guidance technologies, such as infrared homing, laser-guided, and electro-optical systems. Launching mechanisms are available in several configurations including shoulder-fired, vehicle-mounted, and portable deployment. MANPADS are utilized in numerous applications across military, paramilitary, security forces, and civilian defense sectors. They are operated by governments, defense agencies, private organizations, NGOs, and are distributed through foreign military sales (FMS).
The man-portable air defense systems market research report is one of a series of new reports that provides man-portable air defense systems market statistics, including the man-portable air defense systems industry global market size, regional shares, competitors with the man-portable air defense systems market share, detailed man-portable air defense systems market segments, market trends, and opportunities, and any further data you may need to thrive in the man-portable air defense systems industry. This man-portable air defense systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The man-portable air defense systems market consists of sales of shoulder-fired missile systems and their associated launch units, tracking systems, targeting aids, and related components and technologies. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary2. Man-Portable Air Defense Systems Market Characteristics3. Man-Portable Air Defense Systems Market Trends and Strategies32. Global Man-Portable Air Defense Systems Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Man-Portable Air Defense Systems Market34. Recent Developments in the Man-Portable Air Defense Systems Market
4. Man-Portable Air Defense Systems Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, and Covid and Recovery on the Market
5. Global Man-Portable Air Defense Systems Growth Analysis and Strategic Analysis Framework
6. Man-Portable Air Defense Systems Market Segmentation
7. Man-Portable Air Defense Systems Market Regional and Country Analysis
8. Asia-Pacific Man-Portable Air Defense Systems Market
9. China Man-Portable Air Defense Systems Market
10. India Man-Portable Air Defense Systems Market
11. Japan Man-Portable Air Defense Systems Market
12. Australia Man-Portable Air Defense Systems Market
13. Indonesia Man-Portable Air Defense Systems Market
14. South Korea Man-Portable Air Defense Systems Market
15. Western Europe Man-Portable Air Defense Systems Market
16. UK Man-Portable Air Defense Systems Market
17. Germany Man-Portable Air Defense Systems Market
18. France Man-Portable Air Defense Systems Market
19. Italy Man-Portable Air Defense Systems Market
20. Spain Man-Portable Air Defense Systems Market
21. Eastern Europe Man-Portable Air Defense Systems Market
22. Russia Man-Portable Air Defense Systems Market
23. North America Man-Portable Air Defense Systems Market
24. USA Man-Portable Air Defense Systems Market
25. Canada Man-Portable Air Defense Systems Market
26. South America Man-Portable Air Defense Systems Market
27. Brazil Man-Portable Air Defense Systems Market
28. Middle East Man-Portable Air Defense Systems Market
29. Africa Man-Portable Air Defense Systems Market
30. Man-Portable Air Defense Systems Market Competitive Landscape and Company Profiles
31. Man-Portable Air Defense Systems Market Other Major and Innovative Companies
35. Man-Portable Air Defense Systems Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Man-Portable Air Defense Systems Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on man-portable air defense systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
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- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for man-portable air defense systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The man-portable air defense systems market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:
1) by Component: Missile; Launching Mechanism (Gripstock); Battery; Other Components2) by Guidance System: Infrared Homing; Laser-Guided; Electro-Optical; Other Guidance Systems
3) by Launching Mechanism: Shoulder-Fired; Vehicle-Mounted; Portable Deployment Systems
4) by Application: Military; Paramilitary; Security Forces; Civilian Defense
5) by End-User: Government and Defense; Private Entities; Non-Governmental Organizations (NGOs); Foreign Military Sales (FMS)
Subsegments:
1) by Missile: Infrared (IR) Guided Missiles; Radar-Guided Missiles; Command Line-of-Sight (CLOS) Missiles2) by Launching Mechanism (Gripstock): Shoulder-Fired Launchers; Vehicle-Mounted Launchers; Shipborne Launchers
3) by Battery: Rechargeable Batteries; Disposable Batteries
4) by Other Components: Sighting Systems; Targeting Systems; Safety and Arming Units
Companies Mentioned: General Dynamics Corporation; Northrop Grumman Corporation; BAE Systems Inc.; Thales Group; Leonardo S.p.A.; Rheinmetall AG; Elbit Systems Ltd.; Israel Aerospace Industries; Kongsberg Defence and Aerospace; Saab AB; MBDA; Hellenic Defence Systems; ASELSAN A.S.; Bharat Dynamics Limited; PT Pindad; MESKO S.A.; JADARA Equipment and Defense Systems; Raytheon Technologies Corporation; Almaz-Antey; VEM Technologies.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The companies featured in this Man-Portable Air Defense Systems market report include:- General Dynamics Corporation
- Northrop Grumman Corporation
- BAE Systems Inc.
- Thales Group
- Leonardo S.p.A.
- Rheinmetall AG
- Elbit Systems Ltd.
- Israel Aerospace Industries
- Kongsberg Defence and Aerospace
- Saab AB
- MBDA
- Hellenic Defence Systems
- ASELSAN A.S.
- Bharat Dynamics Limited
- PT Pindad
- MESKO S.A.
- JADARA Equipment and Defense Systems
- Raytheon Technologies Corporation
- Almaz-Antey
- VEM Technologies.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 250 |
Published | September 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 5.13 Billion |
Forecasted Market Value ( USD | $ 6.47 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
No. of Companies Mentioned | 21 |