Anti-Ship Missile Defence System Market Trends and key Insights by 2023

Market Highlights

Owing to the growing possibilities of attacks through sea routes and increasing investments in enhancing naval capabilities by many hostile countries, it has become increasingly important to establish an enhanced deterrent that can combat maritime threats. Many countries are in the process of augmenting their maritime border security capabilities to ensure that illegal and hostile infiltration do not take place in their territories. At the same time, major defense contractors are enhancing the existing anti-ship missile defense systems to cater to global defense and security needs. For example, Raytheon has been providing Sea RAM since 1980. In recent years, the company secured multiple contracts for enhancing the capability of such defense systems.

In addition, the economic crisis in some major European countries (such as the UK, Spain, Portugal, Greece, Ireland, and Cyprus) in 2015, would limit the development, maintenance, upgrading, and procurement of anti-ship missile defense systems, which is a major concern in the market
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Major Key Players
• BAE Systems,
• General Dynamics,
• Lockheed Martin,
• Northrop Grumman,
• Raytheon,
• Leonardo,
• MBDA,
• Rafael Advanced Defense Systems,
• Saab AB
• Thales.

Global Anti-Ship Missile defense System Systems Market:

North America leads in global military expenditure and technological advancements, and thus generates a very high demand for Anti-Ship Missile defense System Market. Although, Canada makes some investments in the development of such advanced systems, yet the market is primarily dependent on the U.S. The region accounted for the largest share in the global market in 2016, primarily due to the presence of major manufacturers such as Lockheed Martin and Northrop Grumman in this region.

Europe is currently facing a challenging security situation on many fronts. The economic and political crisis in European countries such as Portugal, Greece, Ireland, Cyprus, and Ukraine and violence in the Middle East and North African countries display multiple challenges for the respective countries. Also, the growing influx of illegal immigrants from countries such as Syria, Iraq, and Libya into the European countries is escalating the risk of internal instability. These challenges fuel the demand for Anti-Ship Missile defense System in this region.
The key players of global Anti-Ship Missile defense System Systems market are BAE Systems, General Dynamics, Lockheed Martin, Northrop Grumman, Raytheon, Leonardo, MBDA, Rafael Advanced Defense Systems, Saab AB and Thales.

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Table of Content

1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Assumptions
2.4 Market Structure
3 Market Highlights
3.1 Key Takeaways
3.2 Key Buying Criteria
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Factor Analysis
5.1 Porter's Five Forces Analysis
5.1.1 Threat Of New Entrants
5.1.2 Bargaining Power Of Suppliers
5.1.3 Bargaining Power Of Buyers
5.1.4 Threat Of Substitutes
5.1.5 Rivalry
5.2 Value Chain Analysis
6 Market Dynamics
6.1 Market Drivers
6.1.1 Development Of Laser Guided Weapons
6.1.2 Introduction Of Safe Laser Rangefinders
6.1.3 Modernization Of Warfare
6.1.4 Production Of Lightweight Laser Rangefinders
6.2 Restraint
6.2.1 Health Concerns Associated With Laser Rangefinders
6.2.2 Difficult Operability In Extreme Weather Conditions
6.2.3 Usage Of Smoke Screens
6.3 Opportunities
6.3.1 Integration Of Laser Rangefinders With UAV
6.3.2 Market Penetration In The Emerging And Target Countries
7 Global Anti-Ship Missile Defence System Market, By Application
7.1 Introduction
7.1.1 Weapon Guidance
7.1.2 Detection
8 Global Anti-Ship Missile Defence System Market, By Product Type
Continued……

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