Market Overview:
The global missile interceptor market is expected to grow from USD 5.27 billion in 2018 to USD 8.06 billion by 2030, at a CAGR of 5.01% from 2018 to 2030. The growth of the global missile interceptor market can be attributed to the increasing demand for missile interception systems by defense agencies across the world and rising incidences of cross-border terrorism and regional conflicts. Based on type, the surface-to-air launch mode segment is projected to lead the global missile interceptor market during the forecast period.
Product Definition:
A missile interceptor is a type of missile that is specifically designed to destroy other missiles. They are often used by militaries to protect their territory from attack.
Surface to Air Launch Mode:
The surface to air launch mode is a method of launching missiles from land, sea or airborne platforms without the need for a rocket engine. The missile launches are done through an aerial platform which is called as the mother ship. The surface to air launched mode has gained popularity owing to its cost-effectiveness and ease of operation.
Surface to Surface Launch Mode:
The surface to surface launch mode is used in missile interception. It helps missiles to be fired at a target which is nearest to the origin of the launch direction. This mode can also be used for launching missiles towards targets which are on land, sea or air surfaces and in any vertical position. The term “surface” as used here refers to all types of surfaces including natural, artificial and composite ones such as ice, snow or water etc.
Application Insights:
The endoatmospheric missile interceptor was the dominant application segment in 2017 and is expected to continue its dominance over the forecast period. Endoatmospheric missiles are designed to fly above the atmosphere and are therefore an ideal solution against ballistic missiles.
Endoatmospheric missiles have a very limited capability as compared to exoatmospheric or space-based systems as they cannot attack targets in space. However, these types of systems are significantly cheaper than their counterparts as they do not require expensive launch vehicles or satellites; instead, they make use of existing assets such as aircraft carriers and bombers that carry out strikes at high altitude during times when enemy forces least expect it. Based on application, the global missile interceptor market has been further segmented into endoatmospheric launch mode and exoatmospheric launch mode.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., which is at the forefront, spearheads this region with a strong military-strategic partnership and robust defense budget allocation for research & development activities and procurement of advanced technologies to counter threats from ballistic missiles, drones, aircrafts among others.
The Asia Pacific regional market is expected to grow at an exponential rate over the forecast period owing to rising tensions between countries such as India and Pakistan over Kashmir issue; China and Taiwan; Japan against North Korea's nuclear program etc.; all these factors are anticipated to boost demand for missile interceptors across this region during the forecast period. Moreover, increasing military expenditure by various countries including China; India; South Korea among others will further drive growth across this region during future years.
Growth Factors:
- Increasing demand for missile interceptors from the defense sector as a result of rising security concerns across the globe.
- Proliferation of ballistic and cruise missiles by countries such as North Korea, Iran, and Syria is expected to drive the demand for missile interceptors in the coming years.
- Growing investments by governments in missile interception systems to protect their territories from potential attacks is also anticipated to boost market growth over the forecast period.
- Rising number of cross-border conflicts and terrorist threats are also expected to fuel demand for missile interceptors in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Missile Interceptor Market Research Report
By Type
Surface to Air Launch Mode, Surface to Surface Launch Mode
By Application
Endoatmospheric, Exoatmospheric
By Companies
Lockheed Martin Corporation (U.S.), Boeing (U.S.), Raytheon Company (U.S.), Aerojet Rocketdyne (U.S.), Rafael Advanced Defense Systems Ltd (Israel), China Aerospace Science And Technology Corporation (China), Bharat Dynamics Limited (India), MBDA (France), Thales Group (France), Northrop Grumman Corporation (U.S.), Lockheed Martin Corporation (U.S.)
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Missile Interceptor Market Report Segments:
The global Missile Interceptor market is segmented on the basis of:
Types
Surface to Air Launch Mode, Surface to Surface Launch Mode
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
Endoatmospheric, Exoatmospheric
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:
- Lockheed Martin Corporation (U.S.)
- Boeing (U.S.)
- Raytheon Company (U.S.)
- Aerojet Rocketdyne (U.S.)
- Rafael Advanced Defense Systems Ltd (Israel)
- China Aerospace Science And Technology Corporation (China)
- Bharat Dynamics Limited (India)
- MBDA (France)
- Thales Group (France)
- Northrop Grumman Corporation (U.S.)
- Lockheed Martin Corporation (U.S.)
Highlights of The Missile Interceptor 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:
- Surface to Air Launch Mode
- Surface to Surface Launch Mode
- By Application:
- Endoatmospheric
- Exoatmospheric
- 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 Missile Interceptor 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.
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- Correctly Positioning New Products
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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 missile interceptor is a type of air defense system designed to destroy incoming missiles.
Some of the major players in the missile interceptor market are Lockheed Martin Corporation (U.S.), Boeing (U.S.), Raytheon Company (U.S.), Aerojet Rocketdyne (U.S.), Rafael Advanced Defense Systems Ltd (Israel), China Aerospace Science And Technology Corporation (China), Bharat Dynamics Limited (India), MBDA (France), Thales Group (France), Northrop Grumman Corporation (U.S.), Lockheed Martin Corporation (U.S.).
The missile interceptor market is expected to grow at a compound annual growth rate of 5.01%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Missile Interceptor 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 Missile Interceptor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Missile Interceptor 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 Missile Interceptor 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 Missile Interceptor Market Size & Forecast, 2018-2028
4.5.1 Missile Interceptor Market Size and Y-o-Y Growth
4.5.2 Missile Interceptor Market Absolute $ Opportunity
Chapter 5 Global Missile Interceptor 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 Missile Interceptor Market Size Forecast by Type
5.2.1 Surface to Air Launch Mode
5.2.2 Surface to Surface Launch Mode
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Missile Interceptor 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 Missile Interceptor Market Size Forecast by Applications
6.2.1 Endoatmospheric
6.2.2 Exoatmospheric
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Missile Interceptor 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 Missile Interceptor 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 Missile Interceptor Analysis and Forecast
9.1 Introduction
9.2 North America Missile Interceptor 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 Missile Interceptor Market Size Forecast by Type
9.6.1 Surface to Air Launch Mode
9.6.2 Surface to Surface Launch Mode
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 Missile Interceptor Market Size Forecast by Applications
9.10.1 Endoatmospheric
9.10.2 Exoatmospheric
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 Missile Interceptor Analysis and Forecast
10.1 Introduction
10.2 Europe Missile Interceptor 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 Missile Interceptor Market Size Forecast by Type
10.6.1 Surface to Air Launch Mode
10.6.2 Surface to Surface Launch Mode
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 Missile Interceptor Market Size Forecast by Applications
10.10.1 Endoatmospheric
10.10.2 Exoatmospheric
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 Missile Interceptor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Missile Interceptor 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 Missile Interceptor Market Size Forecast by Type
11.6.1 Surface to Air Launch Mode
11.6.2 Surface to Surface Launch Mode
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 Missile Interceptor Market Size Forecast by Applications
11.10.1 Endoatmospheric
11.10.2 Exoatmospheric
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 Missile Interceptor Analysis and Forecast
12.1 Introduction
12.2 Latin America Missile Interceptor 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 Missile Interceptor Market Size Forecast by Type
12.6.1 Surface to Air Launch Mode
12.6.2 Surface to Surface Launch Mode
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 Missile Interceptor Market Size Forecast by Applications
12.10.1 Endoatmospheric
12.10.2 Exoatmospheric
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) Missile Interceptor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Missile Interceptor 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) Missile Interceptor Market Size Forecast by Type
13.6.1 Surface to Air Launch Mode
13.6.2 Surface to Surface Launch Mode
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) Missile Interceptor Market Size Forecast by Applications
13.10.1 Endoatmospheric
13.10.2 Exoatmospheric
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 Missile Interceptor Market: Competitive Dashboard
14.2 Global Missile Interceptor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lockheed Martin Corporation (U.S.)
14.3.2 Boeing (U.S.)
14.3.3 Raytheon Company (U.S.)
14.3.4 Aerojet Rocketdyne (U.S.)
14.3.5 Rafael Advanced Defense Systems Ltd (Israel)
14.3.6 China Aerospace Science And Technology Corporation (China)
14.3.7 Bharat Dynamics Limited (India)
14.3.8 MBDA (France)
14.3.9 Thales Group (France)
14.3.10 Northrop Grumman Corporation (U.S.)
14.3.11 Lockheed Martin Corporation (U.S.)
