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Anti-Ship Missile Defence System Market Research Report Information - Global Forecast to 2025

Anti-Ship Missile Defence System Market Research

Report Information - Global Forecast to 2025

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Copyright Š 2017 Market Research Future.


Anti-Ship Missile Defence System Market Research Report Information - Global Forecast to 2025

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SAMPLE REPORT

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Copyright © 2017 Market Research Future.


Anti-Ship Missile Defence System Market Research Report Information - Global Forecast to 2025

Summary: Anti-Ship Missile Defence System Market is Expected to Grow at CAGR of Around 6.65% During the Period 2019 to 2023

Market Overview: The global anti-ship missile defence system market is marked with growth potential in the coming years. The factors that influence the demand for anti-ship missile defence system are high demand for laser antiship missile defense systems, increasing R&D investments, and greater emphasis on maritime border security. The major trends and opportunities in the anti-ship missile defence system market are modernization of naval combat systems and transition to SBX-band radar. The major challenges and that can restrain the market growth are the defense budget cuts, delays and project cancellations and shortcomings of the conventional missile defense systems. As per MRFR analysis, the global anti-ship missile defence System market was valued at USD 9,014.2 million in 2016 which is expected to reach USD 13,984 million by 2023 with a CAGR 6.65% during the forecast period 2017-2023. Primal factors escalating the global anti-ship missile defense system market include high demand for laser anti-ship missile defense systems, increasing research & development (R&D) investments, and greater emphasis on maritime border security.

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Anti-Ship Missile Defence System Market Research Report Information - Global Forecast to 2025

Segmentation: By Component •

Missile Interceptor

Radar

By Application •

Ballistic Missiles Defense

Conventional Missile Defense

By Region •

North America

Asia Pacific

Europe

Rest of the World

Scope of the Report: This study provides an overview of the global anti-ship missile defense systems market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next 6 years for each region. The scope of the study segments the global anti-ship missile defense systems market by its component, application and regions.

Regional Analysis: The regional segmentation of the global anti-ship missile defense system market covers North America, Europe, the Middle East, Asia Pacific, and Rest of the World (RoW). North America is the leading regional market in the global market due to technological advancement and heavy defense expenditure of the USA. Many vital market players are based in North America, especially in the USA. Canada is the second strongest country-specific market in this region due to the decent amount of investment, whereas Mexico is the third most important country-specific market. Europe is the second biggest regional market, holding 29% of the global market share. The market is strong in this region due to increased military spending in countries like Russia and the UK. Various governments in Europe and across the globe are procuring anti-ship missile defense system to

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Anti-Ship Missile Defence System Market Research Report Information - Global Forecast to 2025

strengthen their armory. Other countries with a strong army and heavy defense budgets in this region are France, Germany, and Turkey. The remaining countries of Europe also make a significant contribution to market revenue. Due to increasing terrorism and border threats in the Asia Pacific region, the market can grow in countries that have a strong economy, technological advancement, and expertise to handle those weapons. Such countries include China, India, and Japan. China has a conflict with both India and Japan. India also has a military conflict with Pakistan. South Korea is another major country-specific market in this region due to its conflict with North Korea. In the MEA region, the market is limited as most countries do not share borders with any sea. Those who do can be strong markets due to Arab-Israel conflict, and the key country-specific markets are Saudi Arabia and the UAE. The RoW segment covers South America and Africa. In South America, the market growth is restricted due to a limited budget. The exigent country-specific markets in this region are Brazil, Egypt, and South Africa.

Competitive Dashboard: The major players operating in global anti-ship missile defence system market, who have adopted the strategies such as geographic expansion, mergers, and acquisitions are Lockheed Martin, Leonardo S.p.A, Raytheon, General Dynamics, Rafael Advanced Defense Systems, Saab Group, Northrop Grumman, Thales Group, MBDA and BAE Systems

Market Research Analysis: High Demand for Laser Anti-Ship Missile Defense Systems has been a major driver for the global antiship missile defense system market. Laser wavelengths are approximately 10,000 times smaller than microwaves, causing lesser diffraction and making them more accurate when fired from long distances. In addition, laser weapon systems generate high-energy pulses. For example, one-megajoule laser pulse delivers the same energy as 200 grams of high explosive and has the same impact on a target. As a result of their accuracy and cost efficiency, the demand for DEWs such as HEL and HPM weapons has been increasing. HEL is likely to find applications in anti-personnel weapon systems and missile defense systems and can also be used for disabling lightly armored vehicles. Moreover, R&D is a prerequisite for the development of anti-ship missile defense systems and the maintenance of global competitiveness in the market. Currently, developed regions such as the Americas and Europe investment heavily into procurement and development of these systems.

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Anti-Ship Missile Defence System Market Research Report Information - Global Forecast to 2025

Industry Updates: • China has successfully conducted the first test of a new anti-ship ballistic missile. It fired a salvo of six missiles into the South China Sea. 19 JUL 2019 • On 10-14 JUL 2019, Production Enterprise/Kaluga instrument-making Plant (part of the Morinformsystem-Agat Concern) and The Typhoon JSC Research has unveiled Bal-E (SSC-6 Sennight) mobile coastal anti-ship missile system which is a new export variant of the Bal-E (SSC-6 Sennight). Designated Rubezh-ME, the new anti-ship missile system was unveiled at International Maritime Defence Show (IMDS) in Saint Petersburg, Russia. 15 JUL 2019

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Anti-Ship Missile Defence System Market Research Report Information - Global Forecast to 2025

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Anti-Ship Missile Defence System Market  

Global Anti-Ship Missile Defence System Market: Information by Component (Missile Interceptor and Radar), Application (Ballistic Missiles De...

Anti-Ship Missile Defence System Market  

Global Anti-Ship Missile Defence System Market: Information by Component (Missile Interceptor and Radar), Application (Ballistic Missiles De...

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