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Major Growth Driver Identified in 2025 Anti-Ship Missile Defense System Market: Surge In Global Conflicts Drives Expansion Of Anti-Ship Missile Defense Systems Market

07-01-2025 12:27 PM CET | Aerospace & Defense

Press release from: The Business Research Company

Anti-Ship Missile Defense System

Anti-Ship Missile Defense System

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Anti-Ship Missile Defense System Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, the market size of anti-counterfeit packaging has witnessed a swift expansion. The market value, which is projected to be $171.62 billion in 2024, is anticipated to surge to $191.79 billion in 2025, yielding a compound annual growth rate (CAGR) of 11.8%. The historic growth trajectory can be credited to the evolution of naval warfare, naval arms competition, the emergence of strategic maritime chokepoints, increase in asymmetric threats, escalations of military conflict and tensions, as well as shifts in military doctrine.

Anti-Ship Missile Defense System Market Size Forecast: What's the Projected Valuation by 2029?
Expectations predict a swift expansion for the anti-counterfeit packaging market in the coming years. The market is projected to escalate to $318.36 billion by 2029, with a compound annual growth rate (CAGR) of 13.5%. The growth over the forecast duration is anticipated to be driven by increasing maritime threats, naval forces' modernization, emphasis on comprehensive defense networks, hypersonic weapons' development, geopolitical tensions, and territorial disagreements. The forecast period is also set to see major trends such as the evolution of counter-hypersonic systems, a shift towards multi-layered defenses, a surge in maritime conflicts, integrated defense systems, and a focus on interception capabilities.

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What Are the Drivers Transforming the Anti-Ship Missile Defense System Market?
The growing number of international disputes is anticipated to fuel the expansion of the anti-ship missile defense system market. The surge in regional conflicts, heightened risks to maritime security, and escalating tensions in contested seas require the increased deployment of ASMD systems aboard naval vessels. For example, the House of Lords Library, a UK-based information resource of the House of Lords, stated in October 2024 that around 110 million people were forcefully displaced by mid-2023 due to factors such as conflict, persecution, violence, or human rights abuses. Furthermore, the count of conflicts in the Middle East rose from eight in 2022 to ten in 2023. The number of deaths linked to battles escalated from just over 5,000 in 2022 to almost 26,000 in 2023. Hence, the escalating global conflicts are propelling the growth of the anti-ship missile defense system market.

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What Long-Term Trends Will Define the Future of the Anti-Ship Missile Defense System Market?
The progressive evolution of technology is a crucial emerging trend in the anti-ship missile defense system sector. To remain competitive in this market, major organisations are continuously exploring innovative solutions. A case in point is Lockheed Martin Corporation, an American security and aerospace firm, set to produce six AGM-158C Long-Range Anti-Ship Missiles (LRASM) for the U.S. Air Force in March 2022. These projectiles will be used against significant enemy assets like aircraft carriers, vessel transporting troops, and missile-guided cruisers. The missile leverages a multi-modal sensor suite, weapon data linkage, and an enhanced anti-jamming digital global positioning system (GPS) to identify and strike critical targets within ship clusters in the ocean.

Which Segments in the Anti-Ship Missile Defense System Market Offer the Most Profit Potential?
The anti-ship missile defense system market covered in this report is segmented -

1) By Component: Missile Interceptor, Radar
2) By Launch Platform: Air, Surface, Submarine
3) By Application: Ballistic Missiles Defense, Conventional Missile Defense

Subsegments:
1) By Missile Interceptor: Surface-To-Air Missiles (SAMs), Short-Range Interceptors, Long-Range Interceptors, Guided Missiles, Kinetic Kill Vehicles
2) By Radar: 2D Radar Systems, 3D Radar Systems, Early Warning Radar, Tracking Radar, Multi-Function Radar Systems

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Which Firms Dominate the Anti-Ship Missile Defense System Market by Market Share and Revenue in 2025?
Major companies operating in the anti-ship missile defense system market include BAE Systems plc, General Dynamics Corporation, Leonardo SpA, Lockheed Martin Corporation, MBDA Inc., Northrop Grumman Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, SAAB AB, Thales Group, Rheinmetall AG, Boeing Company, L3Harris Technologies Inc., Textron Inc., Alliant Techsystems, China Aerospace Science and Industry Corporation, LIG Nex1 Co. Ltd., Aisin Seiki Co. Ltd., Robert Bosch GmbH, Magna International Inc., Continental AG, Johnson Electric, Faurecia SE, Huf Hülsbeck & Fürst GmbH & Co. KG, Stabilus GmbH, Brose Fahrzeugteile GmbH & Co. KG, Mitsuba Corporation

Which Regions Offer the Highest Growth Potential in the Anti-Ship Missile Defense System Market?
North America was the largest region in the anti-ship missile defense system market in 2024. The regions covered in the anti-ship missile defense system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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