Market Share of Asia-Pacific Air Defense Systems Industry
The Asia-Pacific air defense systems market is semi-consolidated, and both local and international players offer diverse air defense solutions. Key players include Almaz-Antey Corp., IAI, RTX Corporation, Leonardo S.p.A, and Hanwha Systems Co., Ltd.
Regional players are poised to capture a larger market share in the coming years, bolstered by government investments to foster local manufacturing. For example, in India, the Defence Research and Development Organization (DRDO) spearheads the indigenous development of a multi-layered ballistic missile defense system under the Indian Ballistic Missile Defense Program. Furthermore, companies are channeling significant investments into R&D to bolster their market presence, focusing on advanced air defense systems equipped with enhanced detection and countermeasure capabilities.
Asia-Pacific Air Defense Systems Market Leaders
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RTX Corporation
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IAI
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Almaz-Antey Corp.
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Hanwha Systems Co., Ltd.
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Leonardo S.p.A
*Disclaimer: Major Players sorted in no particular order
