According to a market report by Lucintel, the future of the global interceptor missiles market looks promising with opportunities in the water to air and surface to air markets. The global interceptor missiles market is expected to reach an estimated $12.3 billion by 2030 from $8.8 billion in 2024, at a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing requirement of enhanced interceptor missiles capable of mitigating threats such as UAV, rising military budgets of countries to strengthen their defenses, and increasing military conflicts and geopolitical tensions occurring worldwide.
A more than 150-page report to understand trends, opportunity and forecast in interceptor missiles market to 2030 by range (long range, medium range, and short range), component (global positioning system, radar homing, infrared, semi-active lasers, inertial navigation system, and others), surface (water to air and surface to air), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that medium range is expected to witness the highest growth over the forecast period due to rising need for intercepting incoming ballistic and intercontinental ballistic missiles.
Within this market, surface to air will remain the larger segment due to rise in procurement and deployment of land-to-air missile defense systems around the globe.
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APAC is expected to witness highest growth over the forecast period due to increasing initiatives of governments to build indigenous manufacturing capabilities for defense sector.
Leonardo, Kongsberg, Northrop Grumman, General Dynamics, Saab, Almaz Antey, Raytheon, BAE Systems, Elbit Systems, Lockheed Martin are the major suppliers in the interceptor missiles market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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