Market Share of Decoys And Dispensers Industry
The decoy and dispensers market is fragmented and marked by the presence of several local and international players. The key market players include BAE Systems PLC, Chemring Group PLC, Elbit Systems Ltd, Rheinmetall AG, and Armtec Defense Technologies.
Most market players are focusing on collaborations, product development partnerships, and mergers to expand their product portfolio and market presence. For instance, in June 2023, Elbit Systems Ltd unveiled Nano SPEAR, an expendable active RF decoy to protect aircrews and platforms from anti-aircraft threats. The Nano SPEAR is an advanced, expendable RF decoy that uses the existing dispensing system of the aircraft and, once launched, acts independently to lure away hostile radar-guided missiles.
Decoys And Dispensers Market Leaders
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Elbit Systems Ltd.
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Chemring Group PLC
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Rheinmetall AG
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Armtec Defense Technologies
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BAE Systems plc
*Disclaimer: Major Players sorted in no particular order
