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Missile Seekers Market

Missile Seekers Market by Technology (Active Radar, Semi-active Radar, Passive Radar, Infrared, Laser, Multi-mode), by Missile Type (Interceptor, Ballistic, Cruise, Conventional), by Launch Mode, and by Regions | Global Market Forecast to 2022-2028

Report Id: SNS/A&D/1158 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Missile Seekers Market size was valued at USD 2150 million in 2021, and expected to reach USD 3100 million by 2028, and grow at a CAGR of 5.4% over the forecast period 2022-2028.

The market for archers will be largely driven by the changing wars in the predicted year. Advances in technology have led to the development of new and improved defense systems, including air defense systems and missile launchers. The changing world situation of war has led to the acquisition of advanced missiles and defense capabilities by international military forces. These soldiers are increasingly engaging in low-level wars. Another example of the turning point was the Indian military response to the attack on Pulwama when Indian Air Force fighter planes destroyed a terrorist camp in Balakot (Pakistan) using guided missiles.

Missile Seekers Market Revenue Graph

Advanced missile defense skills help countries protect themselves from rocket and missile attacks. For example, Israel’s Iron Dome Israeli air defense system has blocked more than 2,550 missiles and mudslides with a success rate of more than 91%. The missile detector in such a system plays a very important role in ensuring that the arrows fired by the defense system hit the targets accurately. This has led to the development of highly advanced wind protection systems, which use ground-based and arrow-fired missiles, with a success rate of over 91%. Thus, the changing nature of the war has led to an increase in the demand for highly sought-after archers from around the world.

MARKET DYNAMICS:

KEY DRIVERS:

  • Geopolitical Instabilities.

  • Nuclear warheads.

  • High budget

  • US-China Naval war

RESTRAINTS

  • This is included in the final report.

OPPORTUNITIES:

  • Depleting stock

  • High demand for missiles.

CHALLENGES:

  • Regulations

  • Impacting civilian

  • Causes Higher impact

THE IMPACT OF COVID-19

COVID-19 is an unexpected global public health disaster that has impacted nearly every business, and the long-term impacts are expected to have an influence industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and relevant next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, estimates, and predictions based on the COVID-19 market effect.

COMPETITIVE LANDSCAPE

With the existence of some major, well-established competitors, competition in the missile seeker industry is fierce. Heavy expenditures on R&D and new technology are a crucial development strategy for manufacturers in the missile seekers industry.

Large players are collaborating with research groups and government agencies to gain insights into necessary developments. Detailed conversations and presentations with the defense department aid in understanding how to increase the effect of missiles.

BAE Systems, Leonardo S.p.A, Raytheon Technologies, Northrop Grumman Corporation, Boeing, Safran Group, and Thales are among the leading firms in the missile seekers industry.

Key Market Players

The missile seekers market is largely fragmented. Established players in the market include BAE Systems, Leonardo S.p.A., Raytheon Technologies, Thales,  Safran Group,  Boeing, and Northrop Grumman Corporation.

KEY MARKET SEGMENT:

By Missile Type:

  • Interceptor Missile

  • Ballistic Missile

  • Cruise Missile

  • Conventional Missile

By Technology

  • Active Radar

  • Semi-active Radar

  • Passive Radar

  • Infrared

  • Laser

  • Multi-mode

By Launch Mode

  • Surface-to-Surface

  • Surface-to-Air

  • Air-to-Surface

  • Air-to-Air

Missile Seekers Market Segment Chart

REGIONAL ANALYSIS:

During the forecast period, North America is expected to have the highest regional share of the missile seekers market. The missile seekers market in North America is mostly divided between two countries: the United States and Canada. The United States is a market leader in the missile seeker business. Raytheon Technologies, Northrop Grumman Corporation, and Analog Devices, as well as small-scale private enterprises like Wxcelitas Technologies Ltd., Janos Tech, and MAROTTA controls, have their headquarters in the United States. The aforementioned big firms are constantly investing in the R&D of new and better missile seeker systems.

REGIONAL COVERAGE:

North America

  • USA

  • Canada

  • Mexico

Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The Netherlands

  • Rest of Europe

Asia-Pacific

  • Japan

  • South Korea

  • China

  • India

  • Australia

  • Rest of Asia-Pacific

The Middle East & Africa

  • Israel

  • UAE

  • South Africa

  • Rest of Middle East & Africa

Latin America

  • Brazil

  • Argentina

  • Rest of Latin America

Missile Seekers Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 2150 Million
Market Size by 2028 US$ 3100 Million
CAGR CAGR of 5.4% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Technology (Active Radar, Semi-active Radar, Passive Radar, Infrared, Laser, Multi-mode)
• By Missile Type (Interceptor, Ballistic, Cruise, Conventional)
• By Launch Mode
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Established players in the market include BAE Systems, Leonardo S.p.A., Raytheon Technologies, Thales,  Safran Group,  Boeing, and Northrop Grumman Corporation.
DRIVERS • Geopolitical Instabilities.
• Nuclear warheads.
• High budget
RESTRAINTS • This is included in the final report.


Frequently Asked Questions (FAQ) :

According to SNS insiders, the Missile Seekers Market size was USD 5.5 billion  in 2021 and is expected to reach USD 7.94 billion by 2028 with a CAGR of  5.4% over the forecasted period.

The missile seekers market is largely fragmented. Established players in the market include BAE Systems, Leonardo S.p.A., Raytheon Technologies, Thales,  Safran Group,  Boeing , Northrop Grumman Corporation.

Regulations, Impacting civilian and Causes Higher impact

COVID-19 is an unexpected global public health disaster that has impacted nearly every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and relevant next steps.

North America is expected to have the highest regional share of the missile seekers market. The missile seekers market in North America is mostly divided between two countries: the United States and Canada.


Table of Contents:


1. Introduction
1.1 Market Definition 
1.2 Market Scope
1.3 Research Assumptions
 
2. Research Methodology
 
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
 
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine - Russia War
 
5. Value Chain Analysis
 
6. Porter’s 5 forces model
 
7.  PEST Analysis
  
8. Missile Seekers Market, By Missile Type:
8.1 Interceptor Missile
8.2 Ballistic Missile
8.3 Cruise Missile
8.4 Conventional Missile

9. Missile Seekers Market, By Technology
9.1 Active Radar
9.2 Semi-active Radar
9.3 Passive Radar
9.4 Infrared
9.5 Laser
9.6 Multi-mode

10. Missile Seekers Market, By Launch Mode
10.1 Surface-to-Surface
10.2 Surface-to-Air
10.3 Air-to-Surface
10.4 Air-to-Air

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2    Canada
11.2.3    Mexico
11.3    Europe
11.3.1    Germany
11.3.2    UK
11.3.3    France
11.3.4    Italy
11.3.5    Spain
11.3.6    The Netherlands
11.3.7    Rest of Europe
11.4    Asia-Pacific
11.4.1    Japan
11.4.2    South Korea
11.4.3    China
11.4.4    India
11.4.5    Australia
11.4.6    Rest of Asia-Pacific
11.5    The Middle East & Africa
11.5.1    Israel
11.5.2    UAE
11.5.3    South Africa
11.5.4    Rest
11.6    Latin America
11.6.1    Brazil
11.6.2    Argentina
11.6.3    Rest of Latin America

12. Company Profiles
12.1 HITACHI LTD.
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 AB VOLVO
12.3 CATTERPILLAR INC.
12.4 CNH INDUSTRIAL N.V
12.5 DEERE AND COMPANY
12.6 DOOSAN INFRACOE CO.LTD
12.7 J C BAMFORD EXCAVATORS. LTD.
12.8 KOMATSU LTD.
12.9 Liebherr-international AG
12.10 XCMG GROUP

13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments

14. Conclusion

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Secondary Research

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