Press release
Missile Guidance System Market Booming Worldwide Opportunity, Growth Forecast 2031
Missile Guidance System Market
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/6569
Rise in investments by government bodies and venture capitalists within the North America missile guidance system system market, coupled with collaborative approach of regional players is expected to support the market competitiveness during the forecast period. For instance, in October 2022, Lockheed Martin received a contract worth $77.4 million from Army Contracting Command for 54 PrSM missiles. The PrSM provides surface-to-surface, all weather, precision-strike guided missile fired from the M270A1 Multiple Launch Rocket System (MLRS) and the M142 High Mobility Artillery Rocket System (HIMARS). Its radio homing and imaging infrared guidance helps the missile reach moving targets on land and at sea. U.S. is promoting investment in advance guidance system, driving the demand for missile guidance systems in the country.
The report offers a detailed segmentation of the global missile guidance system market based on launch platform, type, end user, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/missile-guidance-system-market/purchase-options
Based on type, the beam rider guidance system segment held the largest share in 2021, capturing nearly two-fifths of the global missile guidance system market, and would lead the trail through 2031. The command guidance system segment, however, is estimated to witness the fastest CAGR of 5.6% during the forecast period. The report also discusses the homing guidance system and inertial guidance system segments.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Key players operating in the global missile guidance system market include BAE System PLC, ELBIT SYSTEM LTD., General Dynamic Corporations, Leonardo S.P.A, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Safran S.A., Thales Group, The Boeing Company, DRDOS (Defense Research and Development Organization).
Based on region, the market in North America was the largest in 2021, accounting for two-fifths of the global missile guidance system market, and is likely to maintain its leadership status during the forecast period. However, the market in Asia-Pacific is expected to manifest the highest CAGR of 5.7% from 2022 to 2031. The other regions analyzed in the study include Europe and LAMEA.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A06204
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
By launch platform, the Air-to-surface segment is anticipated to exhibit significant growth in the near future.
By type, the command guidance system segment is anticipated to exhibit significant growth in the near future.
By end user, the UAVs segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Small Caliber Ammunition Market - https://www.alliedmarketresearch.com/small-caliber-ammunition-market-A10440
Drone Training and Education Services Market - https://www.alliedmarketresearch.com/drone-training-and-education-services-market-A11286
Space Debris Monitoring and Removal Market - https://www.alliedmarketresearch.com/space-debris-monitoring-market-A10442
ASEAN Ground Support Equipment Market - https://www.alliedmarketresearch.com/asean-ground-support-equipment-market-A09763
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