1. Market Research
  2. > Aerospace and Defence Market Trends

The Global Missiles and Missile Defense Systems Market 2017-2027

  • March 2017
  • 197 pages
  • Strategic Defence Intelligence (SDI)
Report ID: 3605945

Summary

Table of Contents

The Global Missiles and Missile Defense Systems Market 2017-2027

Summary

Global Missiles and Missile Defense Systems (MMDS) market, valued at US$33.1 billion in 2017, is projected grow at a CAGR of 2.18%, to value US$41.0 billion by 2027. The cumulative market for global expenditure on Missiles and Missile Defense Systems is valued at US$384.4 billion over the forecast period. Demand for missiles is anticipated to be driven by the ever increasing threat of radical institutions (both state and non-state) with access to weapons of mass destruction which is exemplified by the conduct of rogue states like North Korea and Iran. The Asia Pacific region is the largest spender in the domain with China, India, 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 surface-to-air (SAM), surface-to-surface (SS), air-to-surface (AS), air-to-air (AA), anti-tank (AT) and anti-ship (AS) missiles. 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.

The Asia Pacific is expected to account for the largest share of the total global expenditure on missiles and missile defense systems, with a 53.1% share in the forecast period. High demand in the region is primarily driven by the expenditure on the sector by China, India, and South Korea. India and China are followed in terms of investment by South Korea which has been majorly spending on air and missile defense systems in light of North Korea’s aggressive stance on developing nuclear weapons. North America accounts for the second largest market share in the global missile & missile defense systems domain and is expected to be the lead technology propagator in the market, with expenditure projected to increase from US$8.4 billion in 2017 to US$8.8 billion in 2027. During 2017-2027, the region is expected to cumulatively spend US$84.0 billion on the missile & missile defense systems sector.

The report “The Global Missiles and Missile Defense Systems Market 2017-2027” offers detailed analysis of the global Missiles and Missile Defense Systems market over the next ten years, and provides market size forecasts. Furthermore, it covers key technological and market trends in the industry and analyzes factors influencing demand for Missiles and Missile Defense Systems.

In particular, it provides an in-depth analysis of the following:
- Overview: Snapshot of the Missiles and Missile Defense Systems market during 2017-2027, 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.
- Market Dynamics: Insights into the technological developments in the Missiles and Missile Defense Systems 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 Missiles and Missile Defense 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 Missiles and Missile Defense Systems market from a regional perspective and a detailed analysis of factors influencing the market for each region.
- Trend Analysis - Key Defense Market: Analysis of the key markets in each region, providing an analysis of the Missiles and Missile Defense 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 the global Missiles and Missile Defense Systems industry. It provides an overview of key defense companies, together with insights such as key alliances, strategic initiatives and a brief financial analysis.

Companies mentioned in report: Raytheon, MBDA, Rafael Advanced Defense Systems, Lockheed Martin, Boeing, Kongsberg Defense Systems, Saab, BAE Systems, Northrop Grumman, Orbital ATK, Rheinmetall Defense, Aerojet Rocketdyne, Thales, Denel Dynamics, Mectron, Safran, Missile Design Bureau, Tactical Missiles Corporation.

Scope

- Missile and Missile Defense Systems Market is projected to register a CAGR of 2.18% over 2017-2027.
- In terms of categories, missile defense systems segment is anticipated to account for the largest share of expenditure globally, with a market share of 44.6% followed by the surface-to-air segment with a share of 18.3%.
- Surface-to-surface and air-to-surface are anticipated to account for the third and fourth largest segments in terms of expenditure with a share of 14.7% and 9.2% respectively over the forecast period.
- The remaining market share is held by air-to-air, anti-tank, and anti-ship segments with market share of 6.9%, 3.7% and 2.8% respectively.

Reasons to buy

- Determine prospective investment areas based on a detailed trend analysis of the global missile and missile defense systems market over the next ten years
- Gain in-depth understanding about the underlying factors driving demand for different missile and missile defense 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 military aircraft market, 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 defense ministries of different countries within the global missile and missile defense systems market
- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top missile and missile defense systems providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Amrita helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Rocket and Missile Market by Type, Launch Mode, Propulsion & Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

“Increasing threat from aerial combat platforms and requirement of long range and high speed missiles are the major factors driving the rocket and missile market globally” The rocket and missile market ...

Global Rocket and Missile Market Analysis & Trends - Industry Forecast to 2025

  • $ 4200
  • Industry report
  • July 2017
  • by Accuray Research LLP

The Global Rocket and Missile Market is poised to grow at a CAGR of around 10.5% over the next decade to reach approximately $3.45 billion by 2025. Some of the prominent trends in the market include, rapid ...

Global Rocket and Missile Market Analysis 2017 - Forecast to 2023

  • $ 3950
  • Industry report
  • August 2017
  • by Hoovers Research

Hoovers Research analysis is one of the most accurate studies performed using the combinational analytical tools. The report contains up to date financial data derived from varied research sources to present ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.