Market Overview
Missile defense systems are used to neutralize the threat that is caused by missiles. A missile is a self-propelled flying weapon that is guided either by an onboard computer or through telemetry changes made to its CPU by a human controller. The fins that are present at the bottom of the missile assist in maneuvering and changing the direction of descent and trajectory. Missiles can come equipped with different types of warheads based on the requirement and the applications that are required to complete. It is normally powered by a rocket motor or a jet engine.
There are various types of missiles and missile defense systems used. Missiles can be mounted on various platforms. Missiles and Missile defense systems utilize a complex network of Radars, various satellites and real-time guidance to predict the location of an incoming missile and uses another missile or electronics to down the missile to prevent it from hitting its intended target. The Phalanx CIWS is a perfect example of a defense system that uses sabot rounds to form a shield of tungsten in the air which cannot be penetrated by missiles.
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The report published on the global missiles and missile defense systems is a comprehensive analysis of the global market and the different factors that can affect the market both positively and negatively. An analysis of the key manufacturers of missiles and missile defense systems is performed along with the strategic profiling of the manufacturers. Sales data and product details of the manufacturers covered in the report are included. The different manufacturing sites are discussed in detail as well and are analyzed thoroughly.
The key players covered in this study :
Raytheon
MBDA
Rafael Advanced Defense Systems
Lockheed Martin Corporation
Boeing
Thales
Bharat Dynamics
Denel Dynamics
Mectron
Sagem
Makeyev Design Bureau
Tactical Missiles
Kongsberg Defense Systems
Saab
BAE Systems
Northrop Grumman
Alliant Techsystems
Rheinmetall Defense
Aerojet Rocketdyne
BrahMos Aerospace
Market Segmentation
The global missiles and missile defense systems market is divided into different segments according to the different types of products available and the various applications that they can be used for.
Market split according to the type:
- Missile Defense Systems: They can be either land, water, or air-based and are used to shoot down incoming missiles to neutralize the threat posed by them.
- Surface-to-air Missiles: Missiles that are launched from the Earth to target air-based weapon systems or airborne vehicles.
- Air-to-surface Missiles: They are launched from the airborne weapons system to target ground targets that include buildings and vehicles.
The missiles and missile defense systems market split based on application:
- Military
- Simulation Exercises
- Others
Regional Overview
The report on the missiles and missile defense systems industry divides the globe into several smaller regions that include Africa, the Middle East, North America, South America, Asia-Pacific, and Europe. The market has been forecast for the period from 2019 to the year 2026 based on the different parameters that include the market share and volume. The data for the year 2014 to the year 2018 based on similar parameters are included in the global missiles and missile defense systems market report. The annual growth rate of the market for the different types and applications has been forecast from 2019 to 2026 and the data from 2014 to 2018 has been discussed in detail and is presented in the report.
Industry News
Prince Vladimir, which is Russia’s most advanced nuclear-powered submarine has successfully launched an ICBM in a new test. The Bulava intercontinental ballistic missile is a seaborne missile that can be fired from submarines. Each Borei submarine has the capability to carry 16 Bulava missiles that are specially designed.
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