Anti-Tank Missile System Market 2020 – Global Industry Demand, Scope and Strategic Outlook | Denel Dynamics, Lockheed Martin, MBDA, Raytheon, General Dynamics

Global Anti-Tank Missile System Market to Grow due to Increasing Applications in the Defense Industry
Increasing demand for advanced weaponry and investments in the defense sector is expected to drive the growth of the Anti-Tank Missiles Systems Market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.
An anti-tank missile system is a guided weapon that destroys heavily armored military vehicles, such as tanks.
These anti-tank missiles range in size, from those that can be transported by a single soldier and launched from over the shoulder too large tripod-mounted weapons that require a squad to transport and fire to the vehicle and aircraft-mounted missile systems.
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Key Takeaways of the Anti-Tank Missile System Market Study

1. Based on type, the anti-tank missile system market has been divided into vehicle-mounted and man-portable. The vehicle-mounted anti-tank missile system is used more, as it is easily operable and movable. This system helps vehicles to detect and track the target, aim, and fire the missile.
2. On the basis of the platform, the anti-tank missile system market has been segmented into ground-based, airborne, and naval. Among these, the ground-based segment is leading, as they can efficiently hit the target since there can be a misfire due to the movement of the platform in the other types.
3. The market is growing in the Middle East and APAC due to recent events causing political and military unrest.

Notable Development Trends to Open up New Horizons of Growth for Anti-Tank Missile System Market
The leading market players focus on product development as well as strategies such as collaboration and partnership with competitors of research institutes or with government support agencies to enhance the market share during the forecast period.
1. November 27, 2019 – the Indian Army has decided to induct anti-tank guided missiles (ATGMs) `Spike’. The `fire and forget’ ATGMs `Spike’ manufactured by Rafael Advanced Defence Systems of Israel, The “fire and forget” come with a range of up to 4 Kms and are used to not only destroy bunkers and shelters but also training camps that have come close to the LoC.

2. 30 Jun 2019 – India has signed a deal to acquire ‘Strum Ataka’ anti-tank missile from Russia for its fleet of Mi-35 attack choppers.

Major points covered in the report:

1. An overview of the market, including background and evolution
2. Macroeconomic factors moving the Anti-Tank Missile System market and its prospective growth
3. Anti-Tank Missile System Market dynamics, such as drivers, challenges, and trends
4. Detailed value chain analysis of the Anti-Tank Missile System market
5. The cost structure of the products and segments covered in the study
6. In-depth pricing analysis, by key product segments, regions and by major market participants
7. Market Study of supply and demand, manufacturing and consuming regions, overall trade scenario with imports/export details
8. Analysis of the market structure, including a tier-wise categorization of key market participants
9. Competitive landscape of the Anti-Tank Missile System market, including detailed profiles of the top players in this market

Denel Dynamics, Lockheed Martin, MBDA, Raytheon, General Dynamics, KBP Instrument Design Bureau, Rocketsan Missiles Inc., and Saab Bofors Dynamics are some of the major players in the Anti-Tank Missile System market.

Market Segmentation:

By Type:
• Vehicle Mounted
• Man-Portable

By Platform:
• Ground-based
• Airborne
• Naval

By Region:
• North America
o By Country (US, Canada, Mexico)
o By Type
o By Platform

• Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By Platform

• Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Platform

• Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By Platform

• Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By Platform

• Rest of the World
o By Region (South America, Africa)
o By Type
o By Platform
Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country

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This release was published on openPR.