Surface to Air Missiles Market 2019 is Trending with CAGR of 7.1% by 2026, Key Players- Boeing, Bharat Dynamics Limited, Denel Soc, Rafael Advanced Defense Systems, L3 Technologies, Raytheon, General Dynamics

the Global Surface to Air Missiles Market is expected to grow at a CAGR of 7.1% during the forecast period. Surface-to-air missile (SAM) is a missile launched from ground position to intercept and destroy enemy aircraft or missiles. It has excellent acceleration that is usually guided by radar or infrared. Some of the factors such as growth in development of man-portable air-defense systems (MANPADS) and development of missiles for various ranges are propelling the market growth. However, factor such as increase in use of missile countermeasures is hampering the market growth.

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Amongst Launch Type, Shoulder Launched segment is dominating the market during the forecast period as it is an explosive-carrying, self-propelled projectile fired at a target, while being small enough to be carried by a single person and fired while held on one's shoulder. By geography, North America region is expected to lead the Surface-to-Air Missile (SAM) market during the forecast period due to the growth of technological advancements and increasing research and development investments in Surface-to-Air Missile (SAM) market.

Some of the key players in Surface to Air Missiles market include Boeing, Bharat Dynamics Limited, Denel Soc, Rafael Advanced Defense Systems, L3 Technologies, Raytheon, General Dynamics, Airbus, Israel Aerospace Industries and Lockheed Martin.

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Market Segments:
Products Covered:
• High Altitude Missile
• Hollow Missile
• Low Altitude Missile

Launch Types Covered:
• Shoulder Launched
• Vehicle Launched

Applications Covered:
• Fighting
• Air Defense
• Other Applications

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