Dublin, July 30, 2020 (GLOBE NEWSWIRE) — The “Air Defense System – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
The publisher brings years of research experience to this 8th edition of the report. The 280-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Air Defense System Market to Reach $45.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Air Defense System estimated at US$33.2 Billion in the year 2020, is projected to reach a revised size of US$45.6 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027.
Missile Defense System, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$21.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Anti-Aircraft System segment is readjusted to a revised 4.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $9 Billion, While China is Forecast to Grow at 7.1% CAGR
The Air Defense System market in the U.S. is estimated at US$9 Billion in the year 2020. China,