Missiles as a payload delivery system are usually harder to detect (for size reasons) and subsequently difficult to intercept (for kinematic reasons) when compared to unguided or manned delivery systems while at the same time being more affordable than their manned alternatives. Besides, missiles are survivable, can strike swiftly and can breach many defenses. Over the years defense research departments across US, European Union and Asia has focussed in designing sophisticated Kill Vehicles, Navigation on Chip, Multi-Mode Seekers and New high energy Propellants. The advanced technology investments being made by defense departments are notified by capability gap assessments and focus on models that bring advanced capability to the nation’s warfighter. The goal is to deliver capabilities that enable nation’s missile force to keep pace with new and evolving threats.
Market Forecast’s latest report “Global Missile and Missile Defense Systems – Market and Technology Forecast to 2028” examines, analyzes, and predicts the evolution of missile technologies, markets, and outlays (expenditures) over the next 8 years – 2020 -2028. It also examines the major missile system markets geographically, focusing on the top 95% of global markets, in the United States, Europe, and Asia. In this report we analyze the market size of the Global Missile & Missile Defense Systems market for the period 2020 – 2028. We primarily focus on the key markets – Americas, Europe, Asia, Middle East and Africa. As of now the United States remains the largest market for missile systems. European Union and China are the other two major markets. Throughout the report we show how missiles are being used today as a force multiplier by the militaries of U.S, China and a few other countries. To provide the most thorough and realistic forecast, this report provides a twin-scenario analysis, including “steady state”, emergence of new missile technology.
In this report we have classified Missile and Missile Defense systems under nine (9) major groups. We will research these seven major groups and also provide forecast figures from 2020 – 2028.
These major groups are:
- Guidance System
- End User
In particular, this report provides an in-depth analysis of the following:
- Overview: Snapshot of the missile and missile defense system tech in the military and homeland security market during 2020-2028, including highlights of the demand drivers, trends and challenges. It also provides a snapshot of the spending with respect to regions as well as segments. It also sheds light on the emergence of new technologies
- Market Dynamics: Insights into the technological developments in the missile and missile defense system market and a detailed analysis of the changing preferences of governments around the world. It also analyzes changing industry structure trends and the challenges faced by the industry participants.
- Segment Analysis: Insights into the various systems market from a segmental perspective and a detailed analysis of factors influencing the market for each segment.
- Regional Review: Insights into modernization patterns and budgetary allocation for top countries within a region.
- Regional Analysis: Insights into the systems market from a regional perspective and a detailed analysis of factors influencing the market for each region.
- Trend Analysis: Key missile and missile defense system markets: Analysis of the key markets in each region, providing an analysis of the various Systems segments expected to be in demand in each region.
- Key Program Analysis: Details of the top programs in each segment expected to be executed during the forecast period.
- Competitive landscape Analysis: Analysis of competitive landscape of this industry. It provides an overview of key companies, together with insights such as key alliances, strategic initiatives and a brief financial analysis.
Reasons to buy
- Determine prospective investment areas based on a detailed trend analysis of the Global Missile and Missile Defense system market over the next eight years
- Gain in-depth understanding about the underlying factors driving demand for different systems segments in the top spending countries across the world and identify the opportunities offered by each of them
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
- Identify the major channels that are driving the global small sat business, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channelize resources by focusing on the ongoing programs that are being undertaken by the ministries of different countries within the small sat market
- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top systems providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available
The report can be accessed here.