Naval Missile Systems Market Top Key Players - Thales Group, L3Harris Technologies, Northrop Grumman Corporation, Raytheon Technologies, General Atomics, Elbit Systems, Honeywell Systems and Manufacturing Inc., Krauss-Maffei Wegmann GmbH and Co. (KMW), Le

The Navy is focused on deploying highly mobile and capable active defense units against theater ballistic missiles. Reliable capabilities can first be achieved without disturbing the territorial seas of sovereign states with the help of naval forces and theater of operations missile defense (TBMD). Rapidly building cost-effective systems with the inherent flexibility to deploy and update technology is fraught with technical and software hurdles to keep up with the evolving threat.

Theatre ballistic missiles (TBM) have range ranging from from approximately 100 km to more than 2000km. can fly high, low or minimal energy trajectories. Ultimately, they will have some form of penetration and high accuracy. Tactical missile defense systems include various threat detection, interception and counteraction systems, as well as a sequence of attacks on other system launchers, airports and the near future.

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GLOBAL NAVAL MISSILE SYSTEMS MARKET DEVELOPMENTS AND INNOVATIONS

• U.S. Navy SSBN USS Wyoming Successfully Tests Trident II D5LE SLBMs – USA

• Australia to Procure Tomahawk and Hypersonic Missiles – Australia

GLOBAL NAVAL MISSILE SYSTEMS MARKET DYNAMICS

• The exponential increase in the number of submarines illegally entering the international seas has made the development of advanced technology for launching naval missiles essential. As hostilities between nations intensify around the world, there is a growing need for naval missile-launching systems to check that submarines and ships have not tampered with unauthorized entry. Countermeasures against attacks on the seabed have become a necessity with naval missile launching systems. Several countries around the world have started and are implementing programs to modernize their naval forces.

• There has been an increase in both US military activity and maritime presence in the seas, signaling the country's growing share of disputes that, if not properly resolved, could shift some of Asia's maritime regions from flourishing trade routes to battlefields. Worldwide escalating conflicts for commercial or military advantage are likely to increase the demand for naval missile launch systems worldwide.

GLOBAL NAVAL MISSILE SYSTEMS MARKET SEGMENTATION

The Global Naval Missile Systems Market can be segmented into following categories for further analysis.

By Technology Type
• Standard Technology
• Powered Technology
• Autonomous Technology
• Semi-Autonomous Technology

By Battery Type
• Unmanned Systems
• Manned Systems

By Usage Application
• Marine Corps / Forces Based
• Naval Forces Based

By System Type
• Homeland Security Operations
• Military Operations
• Mixed Operations

By Product Component Type
• Surface Vessel Launching Systems
• Submarine Launching System
• FAC Launching Systems

By Product Type
• Autonomous Tracking
• Coordinated Tracking
• Re Coordinated Establishment Tracking

By Regional Classification
• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region

RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL NAVAL MISSILE SYSTEMS MARKET

• The US Aegis weapons system, which includes the VLS, weapons control system, radar and various missile classes, has changed its naval strategy. Many Aegise-equipped ships of the future will be built or upgraded to provide anti-ballistic capabilities (ABM) in addition to the more traditional air, surface and submarine preservation functions.

• Following the success of Aegis missile defense, the US Navy has adopted a progressive approach to missile defense. The carapace appears to be an integrated defense weapon system, with a huge chest-like body and eight shoulder launchers, each capable of firing HermesK and 57E6 missiles. The combination of phased array radars, electro-optical and infrared guidance systems and identification systems in Shell C allows it to intercept naval missiles that may escape standard radar systems.

COMPANIES PROFILED

• Thales Group
• L3Harris Technologies
• Northrop Grumman Corporation
• Raytheon Technologies
• General Atomics
• Elbit Systems
• Honeywell Systems and Manufacturing Inc.
• Krauss-Maffei Wegmann GmbH and Co. (KMW)
• Lenco Industries
• Lockheed Martin Corporation
• Navistar, Inc.
• Oshkosh Defense
• Rheinmetall AG
• STAT, Inc.
• Textron
• General Dynamics Corporation
• Kongsberg Naval Systems

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