Short-Range Air Defense (SHORAD) System Market Size & Insights
According to MarkNtel Advisors study The future of Global Short-Range Air Defense (SHORAD) System Market size was valued at around USD 18 billion in 2024 and is projected to reach USD 26 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6% during the forecast period 2025-30.
What are the Key Driver in the Short-Range Air Defense (SHORAD) System Market?
Intensification of Defense Initiatives Worldwide – In 2025, the world has transformed into a boiling pot owing to an exponential surge in military confrontations and defense preparedness. The spillover effect of the Russo-Ukraine war can be seen across the globe.
The countries in Europe have planned to invest more than USD 1 trillion in defense procurements. The US has been gradually increasing its presence in East Asia and the Indian Ocean to counter Chinese expansion. The Israel-Gaza conflict has already entered its 2nd year in 2025, with war expanding to Lebanon, Syria, Palestine, and Iran. The Ukraine conflict has increased the need for SHORAD systems against missile strikes and drones. Countries like Saudi Arabia and the UAE are also influenced by the successes of such SHORAD systems. Both countries are in discussion with Korean, European, and US-based manufacturers for the procurement of SHORAD systems.
These increasing tensions have increased defense activity, such as investments made into the acquisition and R&D of SHORAD systems. In November 2023, India’s Bharat Dynamics Limited and Russia’s Rosoboronexport signed a memorandum of understanding to partner on the Pantsir self-propelled anti-aircraft gun and missile (SPAAGM) system. It is an air defense system with a short range, placed on a wheeled chassis, armed with some surface-to-air missiles and twin 30 mm guns.
What are the Key Segments in the Short-Range Air Defense (SHORAD) System Market?
The Short-Range Air Defense (SHORAD) System is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- By Component
- Weapon System- Market Size & Forecast 2020-2030, USD Million
- Fire Control System- Market Size & Forecast 2020-2030, USD Million
- Command & Control System- Market Size & Forecast 2020-2030, USD Million
- Other Components
- By Technology
- Radar-Guided Systems- Market Size & Forecast 2020-2030, USD Million
- Electro-Optical Systems- Market Size & Forecast 2020-2030, USD Million
- Infrared(Eo/Ir) Systems- Market Size & Forecast 2020-2030, USD Million
- Jamming Technology- Market Size & Forecast 2020-2030, USD Million
- By Range
- Upto 2 Km- Market Size & Forecast 2020-2030, USD Million
- 2.1 to 5 Km- Market Size & Forecast 2020-2030, USD Million
- 5.1 Km to 30 Km – Market Size & Forecast 2020-2030, USD Million
- By System Type
- Missile Systems- Market Size & Forecast 2020-2030, USD Million
- Gun Systems- Market Size & Forecast 2020-2030, USD Million
- Laser Systems- Market Size & Forecast 2020-2030, USD Million
- Electromagnetic Systems – Market Size & Forecast 2020-2030, USD Million
- By Platform
- Land Based- Market Size & Forecast 2020-2030, USD Million
- Navel- Market Size & Forecast 2020-2030, USD Million
- Airborne – Market Size & Forecast 2020-2030, USD Million
- By End User
- Military- Market Size & Forecast 2020-2030, USD Million
- Defense Force- Market Size & Forecast 2020-2030, USD Million
- Paramilitary- Market Size & Forecast 2020-2030, USD Million
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How does geographical analysis highlight in the Short-Range Air Defense (SHORAD) System market?
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Out of them, North America dominates the Global Short-Range Air Defense (SHORAD) System Market. It holds approximately 30% of the total market value.
Who are the Key Players in Short-Range Air Defense (SHORAD) System Market?
- Israel Aerospace Industries
- Saab AB
- BAE Systems plc
- Lockheed Martin Corporation
- Thales Group
- RTX Corporation
- Rheinmetall AG
- MBDA Inc.
- Leonardo S.p.A.
- Elbit Systems Ltd.
- Northrop Grumman Corporation
- ASELSAN A.Ş
- L3Harris Technologies Inc.
- Boeing Company
- General Dynamics Corporation
- Rafael Advanced Defense Systems Ltd.
- Almaz Antey Corporation
- Nexter Systems
- Bharat Electronics Limited
- Kongsberg Gruppen
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Short-Range Air Defense (SHORAD) System Market News
October 2024: Kongsberg Gruppen’s National Manoeuvre Air Defence System (NOMADS) SHORAD system was introduced at the Eurosatory 2024 exhibition. It is kind of VSHORAD.
September 2024: RTX Corporation received a large contract of USD 197 million from the Army for its Coyote Block 2C interceptors to protect the soldiers from adversaries’ unmanned aerial systems, which have become a growing threat on modern battlefields.
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- In-depth Market Analysis: Understand trends and dynamics shaping growth.
- Segmented Insights: Target specific segments for focused strategies.
- Geographical Performance: Assess market opportunities by geographic area.
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- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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