Surface-To-Air Missiles Market Industry insights to 2022 By Type by Application By region By Region studied in new research

A surface-to-surface missile (SAM) or surface-to-air missile (GTAM) is a missile that intercepts and destroys enemy aircraft or missiles fired from ground positions. It has excellent acceleration which is usually guided by radar or infrared. Radar is one of the main components of surface-to-air missiles and helps track and guide the track.
It is expected that market growth will be accelerated by the development of MANPADS which can be carried by people. However, the increased use of missile countermeasures is expected to hamper market growth. Moreover, a wide range of missile development is expected to fuel the surface-to-air missile market during the forecast period.
The surface-to-air missile market is classified according to launch type, product, application and region. Depending on the type of launch, the market fires shoulders and branches into vehicle-launched missiles. By product, markets are classified as high-latitude missiles, hollow missiles, and low-altitude missiles. By application, it is classified as fighting, air defense, and others. By region, markets are analyzed in North America, Europe, Asia Pacific and LAMEA.
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According to market research reports, the global surface-to-air missile market is expected to grow at an average annual growth rate of +6% over the forecast period. The development of Man-Portable Air-Defense System (MANPADS) is one of the main drivers of market growth. The requirements for MANPADS have increased significantly over the years and military personnel on the ground are using enemy aircraft, mainly flying low-flying. Attack power deployed for bombing, demolition, surveillance, intelligence gathering, and enemy troop deployment drives the growth of MANPADS. Also, knocking down an enemy aircraft is an effective way to lower enemy tactics. This has resulted in a substantial improvement in stealth and destructive power to the demand for MANPADS. For Instance, STARStreak's HVM (High Velocity Missile) MANPADS is built with many launch platform features and can be launched from a shoulder, lightweight multiple launcher, or armored vehicle. STARStreak has several dart-shaped projectiles that allow multiple hits on the target. The missile has a speed equivalent to three times the speed of sound and includes a guidance system that resists countermeasures
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Over the past few decades, it has evolved considerably to use ground-based missiles to engage aircraft and defend air space. Surface-to-air missiles are high-speed missiles launched from the ground and intercept aircraft, helicopters and other ballistic and interceptor missiles. Surface-to-air missiles are designed to have high acceleration and small warheads and are usually guided by radar or infrared (IR). One of the key components of a surface-to-air missile is a radar that helps to track and direct missiles towards the target.

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