Market Share of Europe Air Defense Systems Industry
The Europe air defense systems market is semi-consolidated and marked by the presence of prominent players such as RTX Corporation, Rheinmetall AG, THALES, Lockheed Martin Corporation, and Kongsberg Gruppen ASA, among others.
The market is witnessing a significant investment in research and development of advanced air-defense systems from several countries across Europe. The air-defense systems manufacturers are collaborating, forming joint ventures for the sharing of technology and expertise, which will help them develop sophisticated systems in the future, which, in turn, will help them attract new customers and increase their market presence and share in the region during the forecast period.
For instance, in January 2024, Germany sanctioned USD 1.33 billion for the development of prototypes of an air defense system designed for close and immediate area protection, utilizing the Boxer IFV as its foundation. The envisioned air defense system includes essential components such as a command post, fire control tanks, radar devices, and anti-aircraft missile tanks.
Europe Air Defense Systems Market Leaders
Rheinmetall AG
Lockheed Martin Corporation
THALES
RTX Corporation
Kongsberg Gruppen ASA
*Disclaimer: Major Players sorted in no particular order
