Selected research
Industry Research
Man-portable Air Defense Systems (MANPADS) Industry Research Report 2026
Market perspective
The global Man-portable Air Defense Systems (MANPADS) market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Man-portable Air Defense Systems (MANPADS) market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Man-portable Air Defense Systems (MANPADS) market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Man-portable Air Defense Systems (MANPADS) market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Man-portable Air Defense Systems (MANPADS) include Heavy Machine Guns (HMGs), BAE Systems, FN Herstal, General Dynamics Corporation, Heckler & Koch GmbH, Israel Aerospace Industries, Lockheed Martin Corporation, Raytheon Technologies Corporation and Rheinmetall AG, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Man-portable Air Defense Systems (MANPADS) market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Man-portable Air Defense Systems (MANPADS).
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Man-portable Air Defense Systems (MANPADS) Market by Company
Heavy Machine Guns (HMGs)
BAE Systems
FN Herstal
General Dynamics Corporation
Heckler & Koch GmbH
Israel Aerospace Industries
Lockheed Martin Corporation
Raytheon Technologies Corporation
Rheinmetall AG
Saab AB
Thales Group
Man-portable Air Defense Systems (MANPADS) Segment by Type
Laser Guided
Infrared Guided
Satellite Guided
Man-portable Air Defense Systems (MANPADS) Segment by Application
Defense
Homeland Security
Man-portable Air Defense Systems (MANPADS) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Man-portable Air Defense Systems (MANPADS) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Man-portable Air Defense Systems (MANPADS) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Man-portable Air Defense Systems (MANPADS).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Man-portable Air Defense Systems (MANPADS) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Laser Guided
- Infrared Guided
- Satellite Guided
Applications
- Defense
- Homeland Security
Companies covered
- Heavy Machine Guns (HMGs)
- BAE Systems
- FN Herstal
- General Dynamics Corporation
- Heckler & Koch GmbH
- Israel Aerospace Industries
- Lockheed Martin Corporation
- Raytheon Technologies Corporation
- Rheinmetall AG
- Saab AB
- Thales Group
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Man-portable Air Defense Systems (MANPADS) by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Laser Guided
- 2.2.3 Infrared Guided
- 2.2.4 Satellite Guided
- 2.3 Man-portable Air Defense Systems (MANPADS) by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Defense
- 2.3.3 Homeland Security
- 2.4 Assumptions and Limitations
3 Man-portable Air Defense Systems (MANPADS) Breakdown Data by Type
- 3.1 Global Man-portable Air Defense Systems (MANPADS) Historic Market Size by Type (2021-2026)
- 3.2 Global Man-portable Air Defense Systems (MANPADS) Forecasted Market Size by Type (2027-2032)
4 Man-portable Air Defense Systems (MANPADS) Breakdown Data by Application
- 4.1 Global Man-portable Air Defense Systems (MANPADS) Historic Market Size by Application (2021-2026)
- 4.2 Global Man-portable Air Defense Systems (MANPADS) Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Man-portable Air Defense Systems (MANPADS) Market Perspective (2021-2032)
- 5.2 Global Man-portable Air Defense Systems (MANPADS) Growth Trends by Region
- 5.2.1 Global Man-portable Air Defense Systems (MANPADS) Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Man-portable Air Defense Systems (MANPADS) Historic Market Size by Region (2021-2026)
- 5.2.3 Man-portable Air Defense Systems (MANPADS) Forecasted Market Size by Region (2027-2032)
- 5.3 Man-portable Air Defense Systems (MANPADS) Market Dynamics
- 5.3.1 Man-portable Air Defense Systems (MANPADS) Industry Trends
- 5.3.2 Man-portable Air Defense Systems (MANPADS) Market Drivers
- 5.3.3 Man-portable Air Defense Systems (MANPADS) Market Challenges
- 5.3.4 Man-portable Air Defense Systems (MANPADS) Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Man-portable Air Defense Systems (MANPADS) Players by Revenue
- 6.1.1 Global Top Man-portable Air Defense Systems (MANPADS) Players by Revenue (2021-2026)
- 6.1.2 Global Man-portable Air Defense Systems (MANPADS) Revenue Market Share by Players (2021-2026)
- 6.2 Global Man-portable Air Defense Systems (MANPADS) Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Man-portable Air Defense Systems (MANPADS) Head Office and Area Served
- 6.4 Global Man-portable Air Defense Systems (MANPADS) Players, Product Type & Application
- 6.5 Global Man-portable Air Defense Systems (MANPADS) Manufacturers Established Date
- 6.6 Global Man-portable Air Defense Systems (MANPADS) Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Man-portable Air Defense Systems (MANPADS) Market Size (2021-2032)
- 7.2 North America Man-portable Air Defense Systems (MANPADS) Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Man-portable Air Defense Systems (MANPADS) Market Size by Country (2021-2026)
- 7.4 North America Man-portable Air Defense Systems (MANPADS) Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Man-portable Air Defense Systems (MANPADS) Market Size (2021-2032)
- 8.2 Europe Man-portable Air Defense Systems (MANPADS) Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Man-portable Air Defense Systems (MANPADS) Market Size by Country (2021-2026)
- 8.4 Europe Man-portable Air Defense Systems (MANPADS) Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Man-portable Air Defense Systems (MANPADS) Market Size (2021-2032)
- 9.2 Asia-Pacific Man-portable Air Defense Systems (MANPADS) Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Man-portable Air Defense Systems (MANPADS) Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Man-portable Air Defense Systems (MANPADS) Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Man-portable Air Defense Systems (MANPADS) Market Size (2021-2032)
- 10.2 South America Man-portable Air Defense Systems (MANPADS) Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Man-portable Air Defense Systems (MANPADS) Market Size by Country (2021-2026)
- 10.4 South America Man-portable Air Defense Systems (MANPADS) Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Man-portable Air Defense Systems (MANPADS) Market Size (2021-2032)
- 11.2 Middle East & Africa Man-portable Air Defense Systems (MANPADS) Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Man-portable Air Defense Systems (MANPADS) Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Man-portable Air Defense Systems (MANPADS) Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Heavy Machine Guns (HMGs)
- 12.1.1 Heavy Machine Guns (HMGs) Company Information
- 12.1.2 Heavy Machine Guns (HMGs) Business Overview
- 12.1.3 Heavy Machine Guns (HMGs) Revenue in Man-portable Air Defense Systems (MANPADS) Business (2021-2026)
- 12.1.4 Heavy Machine Guns (HMGs) Man-portable Air Defense Systems (MANPADS) Product Portfolio
- 12.1.5 Heavy Machine Guns (HMGs) Recent Developments
- 12.2 BAE Systems
- 12.2.1 BAE Systems Company Information
- 12.2.2 BAE Systems Business Overview
- 12.2.3 BAE Systems Revenue in Man-portable Air Defense Systems (MANPADS) Business (2021-2026)
- 12.2.4 BAE Systems Man-portable Air Defense Systems (MANPADS) Product Portfolio
- 12.2.5 BAE Systems Recent Developments
- 12.3 FN Herstal
- 12.3.1 FN Herstal Company Information
- 12.3.2 FN Herstal Business Overview
- 12.3.3 FN Herstal Revenue in Man-portable Air Defense Systems (MANPADS) Business (2021-2026)
- 12.3.4 FN Herstal Man-portable Air Defense Systems (MANPADS) Product Portfolio
- 12.3.5 FN Herstal Recent Developments
- 12.4 General Dynamics Corporation
- 12.4.1 General Dynamics Corporation Company Information
- 12.4.2 General Dynamics Corporation Business Overview
- 12.4.3 General Dynamics Corporation Revenue in Man-portable Air Defense Systems (MANPADS) Business (2021-2026)
- 12.4.4 General Dynamics Corporation Man-portable Air Defense Systems (MANPADS) Product Portfolio
- 12.4.5 General Dynamics Corporation Recent Developments
- 12.5 Heckler & Koch GmbH
- 12.5.1 Heckler & Koch GmbH Company Information
- 12.5.2 Heckler & Koch GmbH Business Overview
- 12.5.3 Heckler & Koch GmbH Revenue in Man-portable Air Defense Systems (MANPADS) Business (2021-2026)
- 12.5.4 Heckler & Koch GmbH Man-portable Air Defense Systems (MANPADS) Product Portfolio
- 12.5.5 Heckler & Koch GmbH Recent Developments
- 12.6 Israel Aerospace Industries
- 12.6.1 Israel Aerospace Industries Company Information
- 12.6.2 Israel Aerospace Industries Business Overview
- 12.6.3 Israel Aerospace Industries Revenue in Man-portable Air Defense Systems (MANPADS) Business (2021-2026)
- 12.6.4 Israel Aerospace Industries Man-portable Air Defense Systems (MANPADS) Product Portfolio
- 12.6.5 Israel Aerospace Industries Recent Developments
- 12.7 Lockheed Martin Corporation
- 12.7.1 Lockheed Martin Corporation Company Information
- 12.7.2 Lockheed Martin Corporation Business Overview
- 12.7.3 Lockheed Martin Corporation Revenue in Man-portable Air Defense Systems (MANPADS) Business (2021-2026)
- 12.7.4 Lockheed Martin Corporation Man-portable Air Defense Systems (MANPADS) Product Portfolio
- 12.7.5 Lockheed Martin Corporation Recent Developments
- 12.8 Raytheon Technologies Corporation
- 12.8.1 Raytheon Technologies Corporation Company Information
- 12.8.2 Raytheon Technologies Corporation Business Overview
- 12.8.3 Raytheon Technologies Corporation Revenue in Man-portable Air Defense Systems (MANPADS) Business (2021-2026)
- 12.8.4 Raytheon Technologies Corporation Man-portable Air Defense Systems (MANPADS) Product Portfolio
- 12.8.5 Raytheon Technologies Corporation Recent Developments
- 12.9 Rheinmetall AG
- 12.9.1 Rheinmetall AG Company Information
- 12.9.2 Rheinmetall AG Business Overview
- 12.9.3 Rheinmetall AG Revenue in Man-portable Air Defense Systems (MANPADS) Business (2021-2026)
- 12.9.4 Rheinmetall AG Man-portable Air Defense Systems (MANPADS) Product Portfolio
- 12.9.5 Rheinmetall AG Recent Developments
- 12.10 Saab AB
- 12.10.1 Saab AB Company Information
- 12.10.2 Saab AB Business Overview
- 12.10.3 Saab AB Revenue in Man-portable Air Defense Systems (MANPADS) Business (2021-2026)
- 12.10.4 Saab AB Man-portable Air Defense Systems (MANPADS) Product Portfolio
- 12.10.5 Saab AB Recent Developments
- 12.11 Thales Group
- 12.11.1 Thales Group Company Information
- 12.11.2 Thales Group Business Overview
- 12.11.3 Thales Group Revenue in Man-portable Air Defense Systems (MANPADS) Business (2021-2026)
- 12.11.4 Thales Group Man-portable Air Defense Systems (MANPADS) Product Portfolio
- 12.11.5 Thales Group Recent Developments
13 Report Conclusion
14 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst