Missile Defense System Market Synopsis
The Global Missile Defense System Market size is expected to grow from USD 26.05 billion in 2023 to USD 40.03 billion by 2032, at a CAGR of 4.89% during the forecast period (2024-2032).
Missile defense systems are land and sea-based technology that defense forces utilize to defend against a range of missiles, including cruise and ballistic missiles. The need for missile defense systems has increased significantly as a result of the growth in hostilities and war-like conditions in many regions of the world. Missile defense systems keep national assets and individuals safe from missile assaults.
- The global Missile Defense System market has been experiencing notable growth, driven by increasing geopolitical tensions and the persistent threat of missile attacks. Countries around the world have been investing significantly in developing and upgrading their missile defense capabilities to safeguard against potential missile threats.
- The market includes various types of missile defense systems, such as ground-based, sea-based, and air-based systems, each designed to intercept and neutralize incoming missiles at different stages of their trajectory. Key players in the market include major defense contractors and technology firms, and collaborations and partnerships among nations for joint missile defense initiatives have also contributed to the market's expansion.
Missile Defense System Market Trend Analysis
Technological Advancements
- Technological advancements play a pivotal role in propelling the growth of the missile defense system market. As nations face evolving security threats, the need for sophisticated and effective defense mechanisms has become paramount. The integration of cutting-edge technologies such as advanced sensors, artificial intelligence, and machine learning has significantly enhanced the capabilities of missile defense systems.
- Radar systems with improved detection and tracking capabilities enable early identification of incoming threats, allowing for timely and precise response measures. Additionally, advancements in interceptor missile technologies, including faster and more maneuverable interceptors, contribute to increased success rates in neutralizing incoming missiles.
- The integration of space-based assets, such as satellite-based sensors and communication systems, further enhances the overall effectiveness of missile defense systems. These advancements enable real-time data sharing and coordination, creating a more comprehensive and interconnected defense architecture.
- Furthermore, developments in directed energy weapons, like laser systems, offer new possibilities for intercepting and destroying missiles at the speed of light, presenting a futuristic dimension to missile defense capabilities.
Growing Demand for Defense Systems creates an Opportunity for Missile Defense System Market
- The growing demand for defense systems presents significant opportunities for the Missile Defense System (MDS) market. In an era marked by geopolitical tensions and evolving security threats, nations worldwide are increasingly prioritizing the development and enhancement of their missile defense capabilities. The escalating sophistication of ballistic missile technologies has underscored the need for robust defense mechanisms, driving investments in advanced MDS.
- Opportunities in the MDS market arise from the imperative to protect critical assets, population centers, and military installations from potential missile attacks. As nations seek to bolster their national security, the demand for cutting-edge missile defense solutions is on the rise. Additionally, collaborative efforts and alliances among countries to address shared security concerns contribute to the growth of the global MDS market.
- Technological advancements, such as the integration of artificial intelligence, advanced sensors, and precision interceptors, further enhance the effectiveness of missile defense systems. As governments allocate budgets to modernize and strengthen their defense infrastructure, the MDS market stands to benefit from sustained investment.
Missile Defense System Market Segment Analysis:
Missile Defense System Market Segmented on the basis of type, Range, and Domain.
By Type, Command & Control System segment is expected to dominate the market during the forecast period
- In the Missile Defense System Market, the Command & Control System segment is anticipated to assert dominance due to its critical role in orchestrating and coordinating various elements of missile defense operations. The Command & Control System serves as the nerve center, integrating sensors, interceptors, and communication systems to detect, track, and neutralize incoming threats effectively.
- This segment's dominance can be attributed to the increasing complexity of modern missile threats and the need for real-time decision-making capabilities. Advanced Command & Control Systems facilitate rapid data fusion, enabling military operators to assess and respond swiftly to evolving situations. The integration of artificial intelligence and machine learning technologies further enhances the system's ability to analyze vast amounts of data and improve overall situational awareness.
- Additionally, governments worldwide are investing significantly in upgrading their missile defense capabilities, with a focus on enhancing command and control functionalities. As geopolitical tensions persist and missile proliferation continues, the demand for robust Command & Control Systems is expected to remain high, further solidifying this segment's dominance in the Missile Defense System Market.
By Application, Short-Range segment held the largest share of 69% in 2022
- The Short-Range segment is poised to assert dominance within the market. This prominence can be attributed to several key factors driving the demand for short-range missile defense capabilities. Short-range missile defense systems are designed to intercept and neutralize incoming threats within relatively close proximity, offering rapid response times and enhanced protection for critical assets.
- The prevalence of regional conflicts and asymmetric threats has accentuated the need for agile and effective defense mechanisms, wherein short-range systems play a pivotal role. These systems are adept at safeguarding strategic locations, military installations, and population centers against short-range ballistic missiles and other airborne threats.
- Additionally, the cost-effectiveness and versatility of short-range missile defense systems contribute to their widespread adoption. Their ability to address a spectrum of evolving threats, ranging from tactical ballistic missiles to unmanned aerial vehicles, positions them as indispensable components of modern defense strategies.
Missile Defense System Market Regional Insights:
Europe is Expected to Dominate the Market Over the Forecast period
- Europe's dominance in the missile defense system market can be attributed to several factors. Geopolitical considerations and security concerns have prompted European nations to invest significantly in advanced defense technologies. The collaborative efforts of European countries, such as through organizations like the North Atlantic Treaty Organization (NATO), have led to joint initiatives for missile defense.
- Moreover, the complex security landscape, including potential threats from nearby regions, has underscored the importance of robust missile defense capabilities. European nations have been actively engaged in research, development, and deployment of state-of-the-art missile defense systems to protect against a range of potential threats.
Missile Defense System Market Top Key Players:
- Lockheed Martin (US)
- Raytheon Technologies (US)
- Northrop Grumman (US)
- Aerojet Rocketdyne Holdings, Inc. (US)
- L3Harris Technologies (US)
- Collins Aerospace (US)
- Honeywell International Inc. (US)
- General Dynamics (US)
- Boeing(US)
- BAE Systems (UK)
- MBDA France (France)
- Thales (France)
- Leonardo (Italy)
- Saab AB (Sweden)
- Rheinmetall (Germany)
- IAI - Israel Aerospace Industries Ltd. (Israel)
- Israel Aerospace Industries (Israel)
- Rafael Advanced Defense Systems Ltd. (Israel)
- Almaz-Antey Air Defense Concern (Russia)
- Bharat Dynamics Limited (India)
- China Aerospace Science and Technology Corporation (China)
- China North Industries Group Corporation (China)
- China South Industries Group Corporation (China)
- Hanwha Aerospace (South Korea)
- Mitsubishi Heavy Industries (Japan)
Key Industry Developments in the Missile Defense System Market:
- In July 2023, Raytheon successfully conducted the first flight test of its new Standard Missile 6 Block IA (SM-6 Block IA) interceptor. This upgrade boasts improved performance against hypersonic and maneuvering threats, including drones and cruise missiles.
- In August 2023, Lockheed Martin delivered the first Terminal High Altitude Area Defense (THAAD) Block IIA interceptor to the U.S. Army. This upgrade features enhancements in guidance and discrimination capabilities, aiming to counter evolving ballistic missile threats.
Global Missile Defense System Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2022 |
Market Size in 2023: |
USD 26.05 Bn. |
Forecast Period 2024-34 CAGR: |
4.89% |
Market Size in 2032: |
USD 40.03 Bn. |
Segments Covered: |
By Type |
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By Range |
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By Domain |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- MISSILE DEFENSE SYSYTEM MARKET BY TYPE (2016-2030)
- MISSILE DEFENSE SYSYTEM MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- WEAPON SYSTEM
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2016 – 2030F)
- Historic And Forecasted Market Size in Volume (2016 – 2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- COMMAND & CONTROL SYSTEM
- FIRE CONTROL SYSTEM
- COUNTERMEASURE SYSTEM
- MISSILE DEFENSE SYSYTEM MARKET BY RANGE (2016-2030)
- MISSILE DEFENSE SYSYTEM MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- SHORT
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2016 – 2030F)
- Historic And Forecasted Market Size in Volume (2016 – 2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- MEDIUM
- LONG
- MISSILE DEFENSE SYSYTEM MARKET BY DOMAIN (2016-2030)
- MISSILE DEFENSE SYSYTEM MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- GROUND
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2016 – 2030F)
- Historic And Forecasted Market Size in Volume (2016 – 2030F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- MARINE
- AIR
- SPACE
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- MISSILE DEFENSE SYSYTEM Market Share By Manufacturer (2022)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- LOCKHEED MARTIN (US)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- RAYTHEON TECHNOLOGIES (US)
- NORTHROP GRUMMAN (US)
- AEROJET ROCKETDYNE HOLDINGS, INC. (US)
- L3HARRIS TECHNOLOGIES (US)
- COLLINS AEROSPACE (US)
- HONEYWELL INTERNATIONAL INC. (US)
- GENERAL DYNAMICS (US)
- BOEING (US)
- BAE SYSTEMS (UK)
- MBDA FRANCE (FRANCE)
- THALES (FRANCE)
- LEONARDO (ITALY)
- SAAB AB (SWEDEN)
- RHEINMETALL (GERMANY)
- IAI - ISRAEL AEROSPACE INDUSTRIES LTD. (ISRAEL)
- ISRAEL AEROSPACE INDUSTRIES (ISRAEL)
- RAFAEL ADVANCED DEFENSE SYSTEMS LTD. (ISRAEL)
- ALMAZ-ANTEY AIR DEFENSE CONCERN (RUSSIA)
- BHARAT DYNAMICS LIMITED (INDIA)
- CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION (CHINA)
- CHINA NORTH INDUSTRIES GROUP CORPORATION (CHINA)
- CHINA SOUTH INDUSTRIES GROUP CORPORATION (CHINA)
- HANWHA AEROSPACE (SOUTH KOREA)
- COMPETITIVE LANDSCAPE
- GLOBAL MISSILE DEFENSE SYSYTEM MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Type
- Historic And Forecasted Market Size By Range
- Historic And Forecasted Market Size By Domain
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Missile Defense System Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2022 |
Market Size in 2023: |
USD 26.05 Bn. |
Forecast Period 2024-34 CAGR: |
4.89% |
Market Size in 2032: |
USD 40.03 Bn. |
Segments Covered: |
By Type |
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By Range |
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By Domain |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. MISSILE DEFENSE SYSTEM MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. MISSILE DEFENSE SYSTEM MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. MISSILE DEFENSE SYSTEM MARKET COMPETITIVE RIVALRY
TABLE 005. MISSILE DEFENSE SYSTEM MARKET THREAT OF NEW ENTRANTS
TABLE 006. MISSILE DEFENSE SYSTEM MARKET THREAT OF SUBSTITUTES
TABLE 007. MISSILE DEFENSE SYSTEM MARKET BY TYPE
TABLE 008. WEAPON SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 009. COMMAND & CONTROL SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 010. FIRE CONTROL SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 011. COUNTERMEASURE SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 012. MISSILE DEFENSE SYSTEM MARKET BY RANGE
TABLE 013. SHORT MARKET OVERVIEW (2016-2028)
TABLE 014. MEDIUM MARKET OVERVIEW (2016-2028)
TABLE 015. LONG MARKET OVERVIEW (2016-2028)
TABLE 016. MISSILE DEFENSE SYSTEM MARKET BY DOMAIN
TABLE 017. GROUND MARKET OVERVIEW (2016-2028)
TABLE 018. MARINE MARKET OVERVIEW (2016-2028)
TABLE 019. AIR MARKET OVERVIEW (2016-2028)
TABLE 020. SPACE MARKET OVERVIEW (2016-2028)
TABLE 021. NORTH AMERICA MISSILE DEFENSE SYSTEM MARKET, BY TYPE (2016-2028)
TABLE 022. NORTH AMERICA MISSILE DEFENSE SYSTEM MARKET, BY RANGE (2016-2028)
TABLE 023. NORTH AMERICA MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN (2016-2028)
TABLE 024. N MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 025. EUROPE MISSILE DEFENSE SYSTEM MARKET, BY TYPE (2016-2028)
TABLE 026. EUROPE MISSILE DEFENSE SYSTEM MARKET, BY RANGE (2016-2028)
TABLE 027. EUROPE MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN (2016-2028)
TABLE 028. MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 029. ASIA PACIFIC MISSILE DEFENSE SYSTEM MARKET, BY TYPE (2016-2028)
TABLE 030. ASIA PACIFIC MISSILE DEFENSE SYSTEM MARKET, BY RANGE (2016-2028)
TABLE 031. ASIA PACIFIC MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN (2016-2028)
TABLE 032. MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 033. MIDDLE EAST & AFRICA MISSILE DEFENSE SYSTEM MARKET, BY TYPE (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA MISSILE DEFENSE SYSTEM MARKET, BY RANGE (2016-2028)
TABLE 035. MIDDLE EAST & AFRICA MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN (2016-2028)
TABLE 036. MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 037. SOUTH AMERICA MISSILE DEFENSE SYSTEM MARKET, BY TYPE (2016-2028)
TABLE 038. SOUTH AMERICA MISSILE DEFENSE SYSTEM MARKET, BY RANGE (2016-2028)
TABLE 039. SOUTH AMERICA MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN (2016-2028)
TABLE 040. MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 041. THE BOEING COMPANY: SNAPSHOT
TABLE 042. THE BOEING COMPANY: BUSINESS PERFORMANCE
TABLE 043. THE BOEING COMPANY: PRODUCT PORTFOLIO
TABLE 044. THE BOEING COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. LOCKHEED MARTIN CORPORATION: SNAPSHOT
TABLE 045. LOCKHEED MARTIN CORPORATION: BUSINESS PERFORMANCE
TABLE 046. LOCKHEED MARTIN CORPORATION: PRODUCT PORTFOLIO
TABLE 047. LOCKHEED MARTIN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. RAYTHEON TECHNOLOGIES CORPORATION: SNAPSHOT
TABLE 048. RAYTHEON TECHNOLOGIES CORPORATION: BUSINESS PERFORMANCE
TABLE 049. RAYTHEON TECHNOLOGIES CORPORATION: PRODUCT PORTFOLIO
TABLE 050. RAYTHEON TECHNOLOGIES CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. NORTHROP GRUMMAN CORPORATION: SNAPSHOT
TABLE 051. NORTHROP GRUMMAN CORPORATION: BUSINESS PERFORMANCE
TABLE 052. NORTHROP GRUMMAN CORPORATION: PRODUCT PORTFOLIO
TABLE 053. NORTHROP GRUMMAN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. UNITED TECHNOLOGIES: SNAPSHOT
TABLE 054. UNITED TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 055. UNITED TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 056. UNITED TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. BAE SYSTEMS PLC: SNAPSHOT
TABLE 057. BAE SYSTEMS PLC: BUSINESS PERFORMANCE
TABLE 058. BAE SYSTEMS PLC: PRODUCT PORTFOLIO
TABLE 059. BAE SYSTEMS PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. GENERAL DYNAMICS CORPORATION: SNAPSHOT
TABLE 060. GENERAL DYNAMICS CORPORATION: BUSINESS PERFORMANCE
TABLE 061. GENERAL DYNAMICS CORPORATION: PRODUCT PORTFOLIO
TABLE 062. GENERAL DYNAMICS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. LEONARDO SPA: SNAPSHOT
TABLE 063. LEONARDO SPA: BUSINESS PERFORMANCE
TABLE 064. LEONARDO SPA: PRODUCT PORTFOLIO
TABLE 065. LEONARDO SPA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. MBDA: SNAPSHOT
TABLE 066. MBDA: BUSINESS PERFORMANCE
TABLE 067. MBDA: PRODUCT PORTFOLIO
TABLE 068. MBDA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. RHEINMETALL AG: SNAPSHOT
TABLE 069. RHEINMETALL AG: BUSINESS PERFORMANCE
TABLE 070. RHEINMETALL AG: PRODUCT PORTFOLIO
TABLE 071. RHEINMETALL AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. THALES GROUP: SNAPSHOT
TABLE 072. THALES GROUP: BUSINESS PERFORMANCE
TABLE 073. THALES GROUP: PRODUCT PORTFOLIO
TABLE 074. THALES GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 075. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 076. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 077. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. MISSILE DEFENSE SYSTEM MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. MISSILE DEFENSE SYSTEM MARKET OVERVIEW BY TYPE
FIGURE 012. WEAPON SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 013. COMMAND & CONTROL SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 014. FIRE CONTROL SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 015. COUNTERMEASURE SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 016. MISSILE DEFENSE SYSTEM MARKET OVERVIEW BY RANGE
FIGURE 017. SHORT MARKET OVERVIEW (2016-2028)
FIGURE 018. MEDIUM MARKET OVERVIEW (2016-2028)
FIGURE 019. LONG MARKET OVERVIEW (2016-2028)
FIGURE 020. MISSILE DEFENSE SYSTEM MARKET OVERVIEW BY DOMAIN
FIGURE 021. GROUND MARKET OVERVIEW (2016-2028)
FIGURE 022. MARINE MARKET OVERVIEW (2016-2028)
FIGURE 023. AIR MARKET OVERVIEW (2016-2028)
FIGURE 024. SPACE MARKET OVERVIEW (2016-2028)
FIGURE 025. NORTH AMERICA MISSILE DEFENSE SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. EUROPE MISSILE DEFENSE SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. ASIA PACIFIC MISSILE DEFENSE SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. MIDDLE EAST & AFRICA MISSILE DEFENSE SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. SOUTH AMERICA MISSILE DEFENSE SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Missile Defense System Market research report is 2024-2032.
Lockheed Martin (US),Raytheon Technologies (US),Northrop Grumman (US),Aerojet Rocketdyne Holdings, Inc. (US),L3Harris Technologies (US),Collins Aerospace (US),Honeywell International Inc. (US),General Dynamics (US),Boeing (US),BAE Systems (UK),MBDA France (France),Thales (France),Leonardo (Italy),Saab AB (Sweden),Rheinmetall (Germany),IAI - Israel Aerospace Industries Ltd. (Israel),Israel Aerospace Industries (Israel),Rafael Advanced Defense Systems Ltd. (Israel),Almaz-Antey Air Defense Concern (Russia),Bharat Dynamics Limited (India),China Aerospace Science and Technology Corporation (China),China North Industries Group Corporation (China),China South Industries Group Corporation (China),Hanwha Aerospace (South Korea),Mitsubishi Heavy Industries (Japan) and Other Major Players.
The Missile Defense System Market is segmented into Type, Range, Domain, and region. By Type, the market is categorized into Weapon System, Command & Control System, Fire Control System, Countermeasure System. By Range, the market is categorized into Short, Medium, Long. By Domain, the market is categorized into Ground, Marine, Air, Space. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Missile defense systems are land and sea-based technology that defense forces utilize to defend against a range of missiles, including cruise and ballistic missiles. The need for missile defense systems has increased significantly as a result of the growth in hostilities and war-like conditions in many regions of the world. Missile defense systems keep national assets and individuals safe from missile assaults.
The Global Missile Defense System Market size is expected to grow from USD 26.05 billion in 2023 to USD 40.03 billion by 2032, at a CAGR of 4.89% during the forecast period (2024-2032).