Surface to Air Missiles Market Size, Share, and Trends 2024 to 2034

The global surface to air missiles market size is calculated at USD 6.21 billion in 2025 and is forecasted to reach around USD 10.78 billion by 2034, accelerating at a CAGR of 6.32% from 2025 to 2034. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year

  • Last Updated : February 2025
  • Report Code : 5574
  • Category : Aerospace and Defence

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis 
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. COVID-19 Impact on Surface to Air Missiles Market

5.1. COVID-19 Landscape: Surface to Air Missiles Industry Impact
5.2. COVID-19  Impact Assessment for the Industry
5.3. COVID-19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Surface to Air Missiles Market, By Type

8.1. Surface to Air Missiles Market Revenue and Volume, by Type
8.1.1. Short Range Surface-to-Air Missiles (SR-SAMs)
8.1.1.1. Market Revenue and Volume Forecast 
8.1.2. Medium Range Surface-to-Air Missiles (MR-SAMs)
8.1.2.1. Market Revenue and Volume Forecast 
8.1.3. Long Range Surface-to-Air Missiles (LR-SAMs)
8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Surface to Air Missiles Market, By Propulsion System

9.1. Surface to Air Missiles Market Revenue and Volume, by Propulsion System
9.1.1. Solid Rocket Motors
9.1.1.1. Market Revenue and Volume Forecast 
9.1.2. Liquid Rocket Motors
9.1.2.1. Market Revenue and Volume Forecast 
9.1.3. Ramjet Engines
9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Surface to Air Missiles Market, By Guidance System

10.1. Surface to Air Missiles Market Revenue and Volume, by Guidance System
10.1.1. Infrared homing
10.1.1.1. Market Revenue and Volume Forecast 
10.1.2. Semi-active radar homing
10.1.2.1. Market Revenue and Volume Forecast 
10.1.3. Active radar homing
10.1.3.1. Market Revenue and Volume Forecast 
10.1.4. Snacks
10.1.4.1. Market Revenue and Volume Forecast 
10.1.5. Others
10.1.5.1. Market Revenue and Volume Forecast

Chapter 11. Global Surface to Air Missiles Market, By Platform

11.1. Surface to Air Missiles Market Revenue and Volume, by Platform
11.1.1. Land-Based
11.1.1.1. Market Revenue and Volume Forecast 
11.1.2. Sea-Based
11.1.2.1. Market Revenue and Volume Forecast 
11.1.3. Air-Based
11.1.3.1. Market Revenue and Volume Forecast

Chapter 12. Global Surface to Air Missiles Market, By Application

12.1. Surface to Air Missiles Market Revenue and Volume, by Application
12.1.1. Air Defense
12.1.1.1. Market Revenue and Volume Forecast 
12.1.2. Missile Defense
12.1.2.1. Market Revenue and Volume Forecast 
12.1.3. Anti-Satellite Warfare
12.1.3.1. Market Revenue and Volume Forecast

Chapter 13. Global Surface to Air Missiles Market, Regional Estimates and Trend Forecast

13.1. North America
13.1.1. Market Revenue and Volume Forecast, by Type 
13.1.2. Market Revenue and Volume Forecast, by Propulsion System 
13.1.3. Market Revenue and Volume Forecast, by Guidance System 
13.1.4. Market Revenue and Volume Forecast, by Platform 
13.1.5. Market Revenue and Volume Forecast, by Application 
13.1.6. U.S.
13.1.6.1. Market Revenue and Volume Forecast, by Type 
13.1.6.2. Market Revenue and Volume Forecast, by Propulsion System 
13.1.6.3. Market Revenue and Volume Forecast, by Guidance System 
13.1.6.4. Market Revenue and Volume Forecast, by Platform 
13.1.6.5. Market Revenue and Volume Forecast, by Application  
13.1.7. Rest of North America
13.1.7.1. Market Revenue and Volume Forecast, by Type 
13.1.7.2. Market Revenue and Volume Forecast, by Propulsion System 
13.1.7.3. Market Revenue and Volume Forecast, by Guidance System 
13.1.7.4. Market Revenue and Volume Forecast, by Platform 
13.1.7.5. Market Revenue and Volume Forecast, by Application 
13.2. Europe
13.2.1. Market Revenue and Volume Forecast, by Type 
13.2.2. Market Revenue and Volume Forecast, by Propulsion System 
13.2.3. Market Revenue and Volume Forecast, by Guidance System 
13.2.4. Market Revenue and Volume Forecast, by Platform  
13.2.5. Market Revenue and Volume Forecast, by Application  
13.2.6. UK
13.2.6.1. Market Revenue and Volume Forecast, by Type 
13.2.6.2. Market Revenue and Volume Forecast, by Propulsion System 
13.2.6.3. Market Revenue and Volume Forecast, by Guidance System 
13.2.7. Market Revenue and Volume Forecast, by Platform  
13.2.8. Market Revenue and Volume Forecast, by Application  
13.2.9. Germany
13.2.9.1. Market Revenue and Volume Forecast, by Type 
13.2.9.2. Market Revenue and Volume Forecast, by Propulsion System 
13.2.9.3. Market Revenue and Volume Forecast, by Guidance System 
13.2.10. Market Revenue and Volume Forecast, by Platform 
13.2.11. Market Revenue and Volume Forecast, by Application 
13.2.12. France
13.2.12.1. Market Revenue and Volume Forecast, by Type 
13.2.12.2. Market Revenue and Volume Forecast, by Propulsion System 
13.2.12.3. Market Revenue and Volume Forecast, by Guidance System 
13.2.12.4. Market Revenue and Volume Forecast, by Platform 
13.2.13. Market Revenue and Volume Forecast, by Application 
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Volume Forecast, by Type 
13.2.14.2. Market Revenue and Volume Forecast, by Propulsion System 
13.2.14.3. Market Revenue and Volume Forecast, by Guidance System 
13.2.14.4. Market Revenue and Volume Forecast, by Platform 
13.2.15. Market Revenue and Volume Forecast, by Application 
13.3. APAC
13.3.1. Market Revenue and Volume Forecast, by Type 
13.3.2. Market Revenue and Volume Forecast, by Propulsion System 
13.3.3. Market Revenue and Volume Forecast, by Guidance System 
13.3.4. Market Revenue and Volume Forecast, by Platform 
13.3.5. Market Revenue and Volume Forecast, by Application 
13.3.6. India
13.3.6.1. Market Revenue and Volume Forecast, by Type 
13.3.6.2. Market Revenue and Volume Forecast, by Propulsion System 
13.3.6.3. Market Revenue and Volume Forecast, by Guidance System 
13.3.6.4. Market Revenue and Volume Forecast, by Platform 
13.3.7. Market Revenue and Volume Forecast, by Application 
13.3.8. China
13.3.8.1. Market Revenue and Volume Forecast, by Type 
13.3.8.2. Market Revenue and Volume Forecast, by Propulsion System 
13.3.8.3. Market Revenue and Volume Forecast, by Guidance System 
13.3.8.4. Market Revenue and Volume Forecast, by Platform 
13.3.9. Market Revenue and Volume Forecast, by Application 
13.3.10. Japan
13.3.10.1. Market Revenue and Volume Forecast, by Type 
13.3.10.2. Market Revenue and Volume Forecast, by Propulsion System 
13.3.10.3. Market Revenue and Volume Forecast, by Guidance System 
13.3.10.4. Market Revenue and Volume Forecast, by Platform 
13.3.10.5. Market Revenue and Volume Forecast, by Application 
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Volume Forecast, by Type 
13.3.11.2. Market Revenue and Volume Forecast, by Propulsion System 
13.3.11.3. Market Revenue and Volume Forecast, by Guidance System 
13.3.11.4. Market Revenue and Volume Forecast, by Platform 
13.3.11.5. Market Revenue and Volume Forecast, by Application 
13.4. MEA
13.4.1. Market Revenue and Volume Forecast, by Type 
13.4.2. Market Revenue and Volume Forecast, by Propulsion System 
13.4.3. Market Revenue and Volume Forecast, by Guidance System 
13.4.4. Market Revenue and Volume Forecast, by Platform 
13.4.5. Market Revenue and Volume Forecast, by Application 
13.4.6. GCC
13.4.6.1. Market Revenue and Volume Forecast, by Type 
13.4.6.2. Market Revenue and Volume Forecast, by Propulsion System 
13.4.6.3. Market Revenue and Volume Forecast, by Guidance System 
13.4.6.4. Market Revenue and Volume Forecast, by Platform 
13.4.7. Market Revenue and Volume Forecast, by Application 
13.4.8. North Africa
13.4.8.1. Market Revenue and Volume Forecast, by Type 
13.4.8.2. Market Revenue and Volume Forecast, by Propulsion System 
13.4.8.3. Market Revenue and Volume Forecast, by Guidance System 
13.4.8.4. Market Revenue and Volume Forecast, by Platform 
13.4.9. Market Revenue and Volume Forecast, by Application 
13.4.10. South Africa
13.4.10.1. Market Revenue and Volume Forecast, by Type 
13.4.10.2. Market Revenue and Volume Forecast, by Propulsion System 
13.4.10.3. Market Revenue and Volume Forecast, by Guidance System 
13.4.10.4. Market Revenue and Volume Forecast, by Platform 
13.4.10.5. Market Revenue and Volume Forecast, by Application 
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Volume Forecast, by Type 
13.4.11.2. Market Revenue and Volume Forecast, by Propulsion System 
13.4.11.3. Market Revenue and Volume Forecast, by Guidance System 
13.4.11.4. Market Revenue and Volume Forecast, by Platform 
13.4.11.5. Market Revenue and Volume Forecast, by Application 
13.5. Latin America
13.5.1. Market Revenue and Volume Forecast, by Type 
13.5.2. Market Revenue and Volume Forecast, by Propulsion System 
13.5.3. Market Revenue and Volume Forecast, by Guidance System 
13.5.4. Market Revenue and Volume Forecast, by Platform 
13.5.5. Market Revenue and Volume Forecast, by Application 
13.5.6. Brazil
13.5.6.1. Market Revenue and Volume Forecast, by Type 
13.5.6.2. Market Revenue and Volume Forecast, by Propulsion System 
13.5.6.3. Market Revenue and Volume Forecast, by Guidance System 
13.5.6.4. Market Revenue and Volume Forecast, by Platform 
13.5.7. Market Revenue and Volume Forecast, by Application 
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Volume Forecast, by Type 
13.5.8.2. Market Revenue and Volume Forecast, by Propulsion System 
13.5.8.3. Market Revenue and Volume Forecast, by Guidance System 
13.5.8.4. Market Revenue and Volume Forecast, by Platform 
13.5.8.5. Market Revenue and Volume Forecast, by Application

Chapter 14. Company Profiles

14.1. Thales Group
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. BAE Systems
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Rafael Advanced Defense Systems
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Raytheon Technologies
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Almaz-Antey Air and Space Defence Corporation
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Diehl Defence
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Leonardo S.p.A.
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. China Aerospace Science and Technology Corporation (CASC)
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Kongsberg Defence Aerospace
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Bharat Dynamics Limited
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions

Chapter 16. Appendix

16.1. About Us
16.2. Glossary of Terms

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Frequently Asked Questions

The global surface to air missiles market size is expected to grow from USD 5.84 billion in 2024 to USD 10.78 billion by 2034.

The surface to air missiles market is anticipated to grow at a CAGR of 6.32% between 2025 and 2034.

The major players operating in the surface to air missiles market are Thales Group, BAE Systems, Rafael Advanced Defense Systems, Raytheon Technologies, Almaz-Antey Air and Space Defence Corporation, Diehl Defence, Leonardo S.p.A., China Aerospace Science and Technology Corporation (CASC), Kongsberg Defence Aerospace, Bharat Dynamics Limited, Northrop Grumman, MBDA, Rosoboronexport, Lockheed Martin

The driving factors of the surface to air missiles market are the increasing economic development in the countries and the demand for improved defense systems to enhance the safety of the country drive the growth of aircraft and other military applications, driving the growth of the surface to air missiles market

North America region will lead the global surface to air missiles market during the forecast period 2025 to 2034.

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