DUBLIN--(BUSINESS WIRE)--The "Global Missiles and Missile Defense Systems Market Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
Global Missiles & Missile Defense Systems (MMDS) market, valued at US$ 55 billion in 2018, is projected grow at a CAGR of 6%, to value US$ 93 billion by 2027. The cumulative market for global expenditure on Missiles and Missile Defense Systems is valued at US$ 725.37 billion over the forecast period.
Demand for missiles & missile defense systems is anticipated to be driven by the massive investment made by countries like US, China, Russia, Israel in the development of next generation missiles & missile defense systems and the large scale procurement of such systems by countries like Saudi Arabia, India, Japan and South Korea. The United States is the largest spender in the domain with China, India, Russia, Saudi Arabia, Japan and South Korea anticipated accounting for the bulk of spending.
In terms of categories, missile defense systems (MDS) is expected to account for the highest proportion of spending, followed by markets for cruise missiles, ballistic missiles, air to air missile, directed energy weapons and anti satellite weapons. The market for missile defense systems is anticipated to be the largest category primarily due to the ongoing procurement of missile and air defense systems by countries of the Asia Pacific, North America and European regions.
- China Aerospace Science and Industry Corporation
- Almaz Antey
- Rafael Advanced Defense Systems
- Lockheed Martin
- Kongsberg Defense Systems
- Northrop Grumman
- Rheinmetall Defense
Key Topics Covered
2 Executive Summary
3 Current Technologies/Market Overview
4 Drivers and Inhibitors
5 Market Forecasts by Region
6 Market Forecasts by Technology
7 Market Forecasts by End Use
8 Market Forecasts PEST Analysis
9 Leading Companies
10 Missiles & Missile Defense System Industry Analysis
11 SWOT Analysis
12 Marketing Strategy Analysis
13 Conclusions and recommendations
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