South Korea Air Defense Systems Market Size & Outlook
The air defense systems market in South Korea is expected to reach a projected revenue of US$ 2,024.1 million by 2030. A compound annual growth rate of 5.9% is expected of South Korea air defense systems market from 2025 to 2030.
The South Korea air defense systems market generated a revenue of USD 1,422.7 million in 2024 and is expected to reach USD 2,024.1 million by 2030.
The South Korea market is expected to grow at a CAGR of 5.9% from 2025 to 2030.
In terms of segment, weapon system was the largest revenue generating component in 2024.
Command and Control System is the most lucrative component segment registering the fastest growth during the forecast period.
Air defense systems market data book summary
Market revenue in 2024
USD 1,422.7 million
Market revenue in 2030
USD 2,024.1 million
Growth rate
5.9% (CAGR from 2025 to 2030)
Largest segment
Weapon system
Fastest growing segment
Command and Control System
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Weapon System, Fire Control System, Command and Control System
Key market players worldwide
Saab AB ADR, Leonardo SpA ADR, Lockheed Martin Corp, BAE Systems PLC, Rheinmetall AG, Thales Group, RTX Corp, Northrop Grumman Corp, Boeing Co, Elbit Systems Ltd, General Dynamics Corp, L3Harris Technologies Inc
Other key industry trends
In terms of revenue, South Korea accounted for 2.9% of the global air defense systems market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China air defense systems market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,287.9 million by 2030.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Air Defense Systems Market Outlook will help companies and investors design strategic landscapes.
Weapon System was the largest segment with a revenue share of 37.21% in 2024.
Horizon Databook has segmented the South Korea air defense systems market based on weapon system, fire control system, command and control system covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea Air Defense Systems Market Component Outlook (Revenue, USD Million , 2018-2030)
Weapon System
Fire Control System
Command and Control System
Others
South Korea Air Defense Systems Market Type Outlook (Revenue, USD Million , 2018-2030)
Missile Defense System
Anti-Aircraft System
Counter Unmanned Aerial Systems (C-UAS)
Counter Rocket, Artillery and Mortar Systems (C-RAM)
South Korea Air Defense Systems Market Platform Outlook (Revenue, USD Million , 2018-2030)
Land
Naval
Airborne
South Korea Air Defense Systems Market Range Outlook (Revenue, USD Million , 2018-2030)
Long Range
Medium Range
Short Range
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Air Defense Systems Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Air Defense Systems Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Air Defense Systems Market, 2018-2030 (US$M)