DUBLIN--(BUSINESS WIRE)--The "Space Vehicles and Guided Missiles Manufacturing: Global Markets to 2022" report has been added to ResearchAndMarkets.com's offering.
Global space vehicles and guided missiles manufacturing market are registering strong growth due to rapid economic growth, rising military tensions globally and rising investments in space observation by both public and private organizations.
The market for space vehicles and guided missiles manufacturing is concentrated with a few large players dominating the market. Major players in the market are China Aerospace Science and Technology Corp (CASC), Lockheed Martin Corporation, MBDA Holdings SAS, Raytheon Company, The Boeing Company, and others.
Guided missiles accounted for the largest share of the market for space vehicles and guided missiles in 2017. Major factors included economic growth, technological advancements and high demand for military and aerospace equipment from countries and companies. The Asia Pacific is the largest market for space vehicles and guided missiles. It was followed by Western Europe and North America. Going forward, the middle east is expected to witness the fastest growth in the space vehicles and guided missiles manufacturing market, followed by the Asia Pacific.
China is the largest market in terms of value and in the space vehicles and guided missiles manufacturing market. India and Japan are forecasted to have the fastest growth, growing.
The market is challenged by restraints such as stringent regulations, high investment costs, and space debris.
Companies Mentioned
- China Aerospace Science and Technology Corp.
- Lockheed Martin Corp.
- MBDA Holdings SAS
- Raytheon Company
- The Boeing Company
For more information about this report visit https://www.researchandmarkets.com/research/zpt4hv/space_vehicles?w=4
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