Man-Portable Air-Defense Systems (MANPADS) Market Size, Share and Russia/Ukraine War Impact Analysis, By Component (Missile, Launching Mechanism (Gripstock), Battery, and Others), By Missile Type (IR Homing Missile, Command Lone-Of-Sight (CLOS) Missile, and Laser Guided Missile), By Range (Short Range (Up to 5Km), Medium Range (5Km-10Km), and Long Range (10Km-20Km)), and Regional Forecast, 2024-2032

Man-Portable Air-Defense Systems (MANPADS) market is shoulder-launched surface-to-air missiles designed to be carried and operated by an individual soldier or a small team. These weapons are designed to be portable, lightweight, and easy to operate, making them suitable for militaries and paramilitaries. Infrared or radar homing systems typically guide the MANPADS and can engage low-flying aircraft, helicopters, and UAVs.

Key Market Insights

The geopolitical tensions have increased significantly in the past few years, resulting in rising conflicts amongst nations such as China-Taiwan, India-China, India-Pakistan, and others. Such situations caused the demand for MANPADS to increase considerably. Moreover, the Russia-Ukraine war also propelled the need for such defense weapon systems. Due to such concerns, technological advancement, and innovation are rising to make surface-to-air weapons more lethal and accurate. The MANPADS are proven to be an effective and destructive weapon against aircraft, especially those flying at low altitudes. In February 2023, Ukrainian soldiers were seen attacking Russian Su-24 fighter aircraft using MANPADS. Such characteristics.

Many economies are working on development and modernization to make more sophisticated MNAPADs. Recently, in April 2023, Polish defense manufacturer Mesko has been working to develop its Piorun MNAPAD. Since Piorun MANPADS became very effective against Russian aircraft and is in heavy demand by Ukraine, Poland tripled the production of these MANPADS. Such technological advancements and applications are expected to drive growth in the market for MNAPADs.

The MANPADS are widely used by non-state armed groups (NSAG) illegally to threaten civilians resulting in stringent regulations for the use of MANPADS, thereby restraining the market growth. Furthermore, the strict procedure to get the license for MANPADS is also predicted to hinder the growth of the market for MANPADS.

Impact of Russia-Ukraine War on the Man-Portable Air-Defense Systems (MANPADS) Market

Ukraine extensively used and is still using MANPADS to shoot down Russian aircraft and even missiles during the war. Many economies, like Norway, expressed their interest in procuring the MANPADS that proved lethal in Ukraine during the war. The rise in demand for MANPADs also made defense weapon manufacturers innovate technology and make MANPADs more advanced. Overall, the Russia-Ukraine war propelled the demand for MANPADS, increased the development of new components, and improved existing ones. 

The Man-Portable Air-Defense Systems (MANPADS) market is segmented by component: Missile, Launching Mechanism (Gripstock), battery, and others. By missile type, the market is segmented into IR Homing Missile, Command Lone-Of-Sight (CLOS) Missile, and Laser Guided Missile. By Range, the market is segmented into is Short Range (Up to 5Km), Medium Range (5Km-10Km), and Long Range (10Km-20Km), and by geography, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Insights

The report will include the following key insights:

• The report analyzes a detailed industry overview, including qualitative and quantitative information.


• The report analyzes an overview and forecast of the Man-Portable Air-Defense Systems (MANPADS) market based on various segments.


• The report also analyzes comprehensive PEST analysis for all five regions, i.e., North America, Europe, Asia Pacific, and the Rest of the World, after evaluating economic, social, political, and technological factors affecting the impact of the Man-Portable Air-Defense Systems (MANPADS) market in these regions.

Regional Analysis

North America is expected to dominate the Man-Portable Air-Defense Systems (MANPADS) market during the forecast period. The market dominance is attributed to the presence of leading manufacturers of MANPADS and rising number of contracts for production and supply of MANPADS to other militaries. Europe is predicted to hold significant market share due to heavy demand of MANPADS by Ukrainian army. The Asia Pacific is expected to hold moderate market share and is anticipated to grow in the forecast period owing to rise in the defense expenditure be South Asian economies.

Key Players Covered

The report covers the profiles of key players such as Raytheon Technologies Corporation, Thales, MBDA, SAAB, Mesko, Lockheed Martin Corporation, General Dynamics Corporation, IAI, KB Mashinostroyeniya, and others.

Segmentation

Key Industry Developments

• In September 2022, leading defense weapon manufacturers Raytheon Technologies Corporation and Lockheed Martin Corporation bagged a contract worth USD 311 million from U.S. Army to produce Javelin MANPADS. Javelin is developed jointly by two American companies.


• In December 2022, U.S. approved the contract of USD 380 million for arms sale to Finland. The deal includes the supply of Stringer portable anti-air missiles and other equipment. Raytheon Technology Corporation of U.S developed Stringer MANPADS.


• In April 2023, Poland-based defense manufacturer Mesko is working to develop next-generation Piorun MANPADS used extensively by the Ukrainian military during the war. Mesko announced that the new MANPADS would be heavier, have better parameters and updated design, and have different applications