The global air defense systems market was valued at USD 87.63 billion in 2024. It is expected to grow from USD 95.73 billion in 2025 to USD 154.81 billion by 2032, registering a compound annual growth rate (CAGR) of 7.11% during the forecast period. In 2024, North America led the market, accounting for a dominant share of 34.58%.

The air defense systems market is experiencing steady growth, driven by increasing global defense spending, rising geopolitical tensions, and the need for advanced technologies to counter evolving aerial threats. These systems play a crucial role in national security by detecting, tracking, and neutralizing incoming missiles, aircraft, and unmanned aerial vehicles (UAVs). Ongoing technological advancements, such as the integration of radar, missile interceptors, and command and control systems, are further enhancing system capabilities. With a growing focus on modernizing military infrastructure, countries worldwide are investing heavily in air defense solutions to strengthen their defense preparedness.

List of Key Players Profiled in the Report:

• BAE Systems Plc. (U.K.)
• Elbit Systems Ltd. (Israel)
• General Dynamics Corp. (U.S.)
• Hanwha Aerospace Co., Ltd. (South Korea)
• Israel Aerospace Industries Ltd. (Israel)
• Kongsberg Gruppen ASA (Norway)
• L3Harris Technologies Inc. (U.S.)
• Leonardo S.P.A. (Italy)
• Lockheed Martin Corp. (U.S.)
• Northrop Grumman Corp. (U.S.)
• Rafael Advanced Defense Systems Ltd. (Israel)
• Raytheon Technologies Corp. (U.S.)
• Rheinmetall AG (Germany)

Browse In-depth Summary of This Research Insight:

https://www.fortunebusinessinsights.com/air-defense-systems-market-113430