Market Overview:
The global guided missile and space vehicle market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for guided missiles and space vehicles for military and commercial applications. North America dominates the global guided missile and space vehicle market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
A guided missile is a projectile that is propelled towards a target by means of a guidance system, usually controlled by an onboard computer. A space vehicle, or spacecraft, is any man-made object that operates in outer space.
Guided Missiles:
The global guided missiles and space vehicles market size was valued at USD 10.62 billion in 2016. It is expected to witness a CAGR of XX% over the forecast period, owing to increasing security concerns and technological advancements in the defense sector across the globe.
Rockets:
Rockets are the engines that provide exhaust gases to propel a vehicle forward. They can be classified as solid, liquid or gas-based. The most commonly used rockets in guided missiles and space vehicles are ballistic missile, satellite and human-rated orbital rocketry.
The global Guided Missile And Space Vehicle market is expected to witness significant growth over the forecast period owing to increasing defense expenditure by various governments across the globe coupled with technological advancements in this field.
Application Insights:
The military segment dominated the global guided missile and space vehicle market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to increasing defense investments by countries such as China and Russia, growing concerns regarding security threats from North Korea to NATO countries, and U.S., among others.
Commerce segment is expected to witness significant growth over the forecast period owing to increasing use of satellites for communication & navigation purposes across various industries such as oil & gas, civil aviation, marine etcetera.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., being a leading military power, is expected to continue its dominance over the global arena through 2025. However, with growing defense budget cuts across the globe, it is likely that other countries will attempt to capitalize on this gap by offering their guided missiles and space vehicles for sale or lease purposes to various nations worldwide.
Asia Pacific regional market was valued at USD X billion in 2017 and is anticipated to witness significant growth over the forecast period owing to increasing demand from China and India as well as several other countries such as South Korea, Pakistan among others who are engaged in intense competition at both domestic levels (within their respective country) along with international levels (during sporting events). This has resulted into an increased preference for guided weapons & vehicles amongst competitors of these nations resulting into increased sales opportunities for manufacturers across the world during 2018-2030 period.
Growth Factors:
- Increasing demand for guided missiles and space vehicles from defense sector across the globe due to rising security concerns
- Growing investments by governments in development of advanced guided missiles and space vehicles for strategic purposes
- Proliferation of ballistic and cruise missile technology by countries such as China, Russia, and North Korea is expected to drive the demand for guided missiles over the forecast period
- Rising incidences of cross-border conflicts and terrorism are anticipated to boost the demand for sophisticated missile systems in near future
- Technological advancements in guidance systems, warheads, propulsion systems, etc., is projected to fuel the growth of globalguided missile market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Guided Missile And Space Vehicle Market Research Report
By Type
Guided Missiles, Rockets, Space Vehicles, Others
By Application
Military, Commerce
By Companies
SpaceX, Virgin Galactic, Blue Origin, Lockheed Martin, Kratos Defense & Security Solutions, United Launch Alliance, United Space Alliance
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Guided Missile And Space Vehicle Market Report Segments:
The global Guided Missile And Space Vehicle market is segmented on the basis of:
Types
Guided Missiles, Rockets, Space Vehicles, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Commerce
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SpaceX
- Virgin Galactic
- Blue Origin
- Lockheed Martin
- Kratos Defense & Security Solutions
- United Launch Alliance
- United Space Alliance
Highlights of The Guided Missile And Space Vehicle Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Guided Missiles
- Rockets
- Space Vehicles
- Others
- By Application:
- Military
- Commerce
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Guided Missile And Space Vehicle Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A guided missile and space vehicle is a type of weapon system that uses a guidance system to direct an unguided munition to its target.
Some of the major players in the guided missile and space vehicle market are SpaceX, Virgin Galactic, Blue Origin, Lockheed Martin, Kratos Defense & Security Solutions, United Launch Alliance, United Space Alliance.
The guided missile and space vehicle market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Guided Missile And Space Vehicle Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Guided Missile And Space Vehicle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Guided Missile And Space Vehicle Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Guided Missile And Space Vehicle Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Guided Missile And Space Vehicle Market Size & Forecast, 2018-2028
4.5.1 Guided Missile And Space Vehicle Market Size and Y-o-Y Growth
4.5.2 Guided Missile And Space Vehicle Market Absolute $ Opportunity
Chapter 5 Global Guided Missile And Space Vehicle Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Guided Missile And Space Vehicle Market Size Forecast by Type
5.2.1 Guided Missiles
5.2.2 Rockets
5.2.3 Space Vehicles
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Guided Missile And Space Vehicle Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Guided Missile And Space Vehicle Market Size Forecast by Applications
6.2.1 Military
6.2.2 Commerce
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Guided Missile And Space Vehicle Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Guided Missile And Space Vehicle Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Guided Missile And Space Vehicle Analysis and Forecast
9.1 Introduction
9.2 North America Guided Missile And Space Vehicle Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Guided Missile And Space Vehicle Market Size Forecast by Type
9.6.1 Guided Missiles
9.6.2 Rockets
9.6.3 Space Vehicles
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Guided Missile And Space Vehicle Market Size Forecast by Applications
9.10.1 Military
9.10.2 Commerce
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Guided Missile And Space Vehicle Analysis and Forecast
10.1 Introduction
10.2 Europe Guided Missile And Space Vehicle Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Guided Missile And Space Vehicle Market Size Forecast by Type
10.6.1 Guided Missiles
10.6.2 Rockets
10.6.3 Space Vehicles
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Guided Missile And Space Vehicle Market Size Forecast by Applications
10.10.1 Military
10.10.2 Commerce
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Guided Missile And Space Vehicle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Guided Missile And Space Vehicle Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Guided Missile And Space Vehicle Market Size Forecast by Type
11.6.1 Guided Missiles
11.6.2 Rockets
11.6.3 Space Vehicles
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Guided Missile And Space Vehicle Market Size Forecast by Applications
11.10.1 Military
11.10.2 Commerce
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Guided Missile And Space Vehicle Analysis and Forecast
12.1 Introduction
12.2 Latin America Guided Missile And Space Vehicle Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Guided Missile And Space Vehicle Market Size Forecast by Type
12.6.1 Guided Missiles
12.6.2 Rockets
12.6.3 Space Vehicles
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Guided Missile And Space Vehicle Market Size Forecast by Applications
12.10.1 Military
12.10.2 Commerce
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Guided Missile And Space Vehicle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Guided Missile And Space Vehicle Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Guided Missile And Space Vehicle Market Size Forecast by Type
13.6.1 Guided Missiles
13.6.2 Rockets
13.6.3 Space Vehicles
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Guided Missile And Space Vehicle Market Size Forecast by Applications
13.10.1 Military
13.10.2 Commerce
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Guided Missile And Space Vehicle Market: Competitive Dashboard
14.2 Global Guided Missile And Space Vehicle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SpaceX
14.3.2 Virgin Galactic
14.3.3 Blue Origin
14.3.4 Lockheed Martin
14.3.5 Kratos Defense & Security Solutions
14.3.6 United Launch Alliance
14.3.7 United Space Alliance
