Air Based Defense Equipment Market Growth Forecast 2029 By Size, Share, Trends, Growth
The ongoing geopolitical tensions and the imperative for military modernization. Nations worldwide invest heavily in advanced fighter aircraft, military helicopters, and drones to maintain strategic superiority are the factors driving market in the forecast period 2025-2029. According to TechSci Research report, “ Air Based Defense Equipment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029 ”, The Global Air Based Defense Equipment Market stood at USD 188.63 Billion in 2023 and is anticipated to grow with a CAGR of 6.94% in the forecast period, 2025-2029. The global air-based defense equipment market serves as a linchpin in the broader aerospace and defense sector, where cutting-edge technologies, strategic alliances, and geopolitical considerations converge. At its core, the market is characterized by an incessant pursuit of technological excellence. Advanced fighter aircraft, often embodying fifth-generation capabilities, stand as the e...