The Missile Defense System Global Market Report 2023, provides comprehensive information on the missile defense system market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Missile Defense System Global Market Report 2023, the global missile defense system market size grew from $25.65 billion in 2022 to $28.73 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The missile defense system market size is expected to grow to $43.84 billion in 2027 at a CAGR of 11.1%.
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The missile defense system market is segmented:
1) By Technology: Fire Control System, Weapon System, Countermeasure System, Command And Control System
2) By Domain: Ground, Air, Marine, Space
3) By Range: Short, Medium, Long
4) By Threat Type: Subsonic Missiles, Supersonic Missiles, Hypersonic Missiles
North America was the largest region in the missile defense system market in 2022.
The table of contents in TBRC’s missile defense system market report includes:
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Top 5 Major Key Players Are:
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