MarkNtel Advisors recently published a detailed industry analysis of the Global Short-Range Air Defense (SHORAD) System Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Short-Range Air Defense (SHORAD) System Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The 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 major Driver 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.
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What segments define the Global Short-Range Air Defense (SHORAD) System Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
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
According to report, the Weapon System segment leads the global market. It holds around 43% of the total market value.
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
According to report, the Military leads the global market. It holds around 70% market share.
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Geographical Analysis: Global Short-Range Air Defense (SHORAD) System Market
By Region
- North America
- South America
- Europe
- Asia-Pacific
- Rest of World
Global Short-Range Air Defense (SHORAD) System Market Share & Competitive Landscape:
The Short-Range Air Defense (SHORAD) System Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Short-Range Air Defense (SHORAD) System Market are:
- 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
Global Short-Range Air Defense (SHORAD) System Market Recent Development:
- 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.
Questions Addressed in this Study
1.What factors are driving the Global Short-Range Air Defense (SHORAD) System Market growth?
2.How is the Global Short-Range Air Defense (SHORAD) System Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Short-Range Air Defense (SHORAD) System Market?
4.What is the current size of the Global Short-Range Air Defense (SHORAD) System Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Short-Range Air Defense (SHORAD) System Market in terms of technological advancements and market expansion?
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