Global Missiles Market Size, Share, Analysis, Impact Of COVID 19, Drivers and Challenges, Opportunities Insights 2021–2030
The missiles market report describes and explains the global missiles market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The missiles market consists of sales of missiles by entities (organizations, sole traders and partnerships) that produce missiles. A missile is a guided airborne ranged weapon designed to deliver an explosive warhead at high speed with great accuracy.
The global missiles market is expected to grow from $15.98 billion in 2020 to $16.21 billion in 2021 at a compound annual growth rate (CAGR) of 1.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $19.48 billion in 2025 at a CAGR of 4.7%.
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Some of the major players of the missiles market are BAE Systems, Lockheed Martin Corporation, Raytheon Technologies, Northrop Grumman Corporation, Boeing, Tactical Missiles Corporation, Aerojet Rocketdyne, Rafael Advanced Defense Systems Ltd, Avibras Industria Aerospecial SA, Israel Aerospace Industries, China Aerospace Science and Technology Corporation, General Dynamic.
The countries covered in the global missiles market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global missiles market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global missiles market is segmented -
1) By Product Type: Cruise Missiles, Ballistic Missiles
2) By Range: Short Range Missile, Medium Range Missile, Intermediate Range Missile
3) By Propulsion Type: Ramjet, Scramjet, Turbojet, Liquid Propulsion, Solid Propulsion, Hybrid Propulsion
4) By Application: Defense, Homeland Security
Read More On The Global Missiles Market Report:
Few Points From Table Of Content
1. Executive Summary
2. Missiles Market Characteristics
3. Missiles Market Trends And Strategies
4. Impact Of COVID-19 On Missiles
5. Missiles Market Size And Growth
26. Africa Missiles Market
27. Missiles Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Missiles Market
29. Missiles Market Future Outlook and Potential Analysis
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