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North America Air Defense System Market growth predicted at 2% through 2026

Author : Ronak Bora | Published Date : 2020-09-16 

The research report on North America Air Defense System Market offers a thorough understanding on this industry with significant details subject to its overall foothold in the global landscape and its application across major end-user industries and sectors. According to this report, North America air defense system industry recorded a remuneration of USD 4 billion in 2018  and is likely to surpass USD 5 billion by 2024, increasing at a considerable CAGR of 2%. Moreover, the document also lays focus on the vital information beneficial for various stakeholders in terms of the current market scenario, advancing technologies, expansive competitive landscape, industry strategies, growth prospects, and market segmentations.

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The report further offers an insight to various factors that are touted to drive the growth curve of this industry in the upcoming years, along with including crucial details of the ongoing trends that the industry is characterized by. The North American air defense system market, as given in the report, is divided on basis system, component, range, airborne, regional, and competitive landscape.

The anti-aircraft system in the North America air defense system market captured a maximum market share of over 86% in 2026. The market dominance of aircraft systems can be attributed to the requirement of enhanced anti-aircraft systems as they serve as primary line of defense against aerial attacks done by aircraft. The country along with ramping up in-house manufacturing capabilities is also importing air defense systems from other nations, improving market share. For instance, in August 2019, the U.S. confirmed the order for acquisition of two iron dome air defense systems, which were manufactured in collaboration with Raytheon (U.S.) and Rafael System (Israel).

The air defense system market in North America has been precisely diversified into U.S., Canada and its analysis has been briefly addressed in the given document. The report incorporates an analysis on various factors promoting the growth of regional markets, along with the future growth opportunities existing in every region, their growth rates over the projected timeframe, technologies used, regulatory reforms, and individual market share.

The proliferated political network of U.S. across the globe and significant technological advancement are propelling the North America Defense System Market. Various countries including Germany and Kuwait are in the process of acquisition of the air defense system made in the U.S., positively impacting market growth. For instance, in December 2018, Lockheed Martin received a contract worth USD 3.3 billion for acquisition of PAC-3 missile defense system. In July 2019, the U.S. approved a sale of USD 401 million to transfer 50 PAC-3s to Germany.

North America air defense system industry is highly consolidated and is divided into myriad companies such as Lockheed Martin, L3Harris, Boeing, Northrop Grumman, Raytheon, General Dynamics, and United Technologies. The research study incorporates comprehensive analysis on the sales spectrum of each of these firms, their tactics to sustain the position in the market, individual company profiles and market share, and stance in the global ecosystem.

Table of Component:

Chapter 4. North America Air Defense System Market Size, by System2019 - 2026


  • Missile Defense System
  • Anti-Aircraft System
  • Counter Rocket, Artillery, and Mortar (C-RAM) System


Chapter 5. North America Air Defense System Market Share, by Component2019 - 2026


  • Weapon System
    • Turret System
    • Missile Launching System
  • Fire Control System
    • Air Defense Radar
    • Electro Optic Sensor & Laser Range Finder
  • Command & Control (C2) System


Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1317/north-america-air-defense-system-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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