Ground Defense System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Ground defense system is the heart of the Missile Defense System and a key element of nation's defense against ballistic missile attacks. The ground defense weapon system processes data from multiple sensors to identify and characterize the inbound ballistic missile threat, plans the best defensive solution, and launches the intercepting missiles to negate the threat.

MARKET SCOPE

The "Global Ground Defense System Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ground defense system market with detailed market segmentation by operation, system, application and geography. The report provides key statistics on the market status of the leading ground defense system market players and offers key trends and opportunities in the market.


MARKET SEGMENTATION

•   Based on operation, the global ground defense system market is segmented into manned, unmanned
  
•   On the basis of system, the market is segmented navigation system, communication system, ammunition handling system, fire control system, observation and display system, command and control system, others
  
•   On the basis of application, the market is segmented combat, explosive ordinance disposal (eod), mine clearance, firefighting, search and rescue, others
  
  
  

MARKET DYNAMICS

Drivers:

•   Growing Defense Budgets for Modernization and Expansion Programs
  
•   Increasing Demand of Multi-Role Armored Vehicles.
  
•   Increasing Investment for Robotics Technologies in Unmanned Ground Vehicles
  
•   Growing Demand for Autonomous System in Major Roles of Defense Industry
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The ground defense system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the ground defense system market in these regions.


IMPACT OF COVID-19ON GROUND DEFENSE SYSTEM MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Ground Defense System Market Report Analysis

Ground Defense System Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• BAE Systems
• CNH Industrial N.V.
• Denel Land Systems
• Elbit Systems Ltd.
• General Dynamics Corporation
• Hanwha Defense
• Israel Aerospace Industries Ltd.
• Lockheed Martin Corporation
• Northrop Grumman Corporation

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Operation

• Manned
• Unmanned

By System

• Navigation System
• Communication System
• Ammunition Handling System
• Fire Control System
• Observation and Display System
• Command and Control System

By Application

• Combat
• Explosive Ordinance Disposal
• Mine Clearance
• Firefighting
• Search and Rescue

MARKET PLAYERS

The report covers key developments in the ground defense system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from ground defense system market are anticipated to lucrative growth opportunities in the future with the rising demand for airport tugs in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ground defense system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   BAE Systems
  
•   CNH Industrial N.V.
  
•   Denel Land Systems
  
•   Elbit Systems Ltd.
  
•   General Dynamics Corporation
  
•   Hanwha Defense
  
•   Israel Aerospace Industries Ltd.
  
•   Lockheed Martin Corporation
  
•   Northrop Grumman Corporation
  
•   Thales Group
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Ground Defense System Market Report Scope