Rocket and Missile Market Opportunities and Global Forecast to 2022

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• The rocket and missile market is projected to
  grow from USD 55.53 Billion in 2016 to USD
  70.00 Billion by 2022, at a CAGR of 4.74 during
  the forecast period. Factors such as
  geopolitical issues rise
• in asymmetric warfare, and terrorist activities
  among others, across the globe are the factors
  expected to drive the rocket and missile
  market
• during the forecast period. This report covers
  the forecast of the rocket and missile market
  and its dynamics over the next five years,
  while also recognizing market application gaps,
  recent developments in the market, and high
  potential countries. The rocket and missile
  market has been analyzed primarily
• based on type (missile, rocket), propulsion
  (solid, liquid, hybrid, ramjet, turbojet,
  scramjet), launch mode (surface-to-surface,
  surface-to-air, air-to-surface, air-to-air,
  subsea-to-surface), and region through the period
  of 2017 to 2022, considering 2016 as the base
  year.
• Download PDF Brochure _at_ https//www.marketsandmar
  kets.com/pdfdownloadNew.asp?id203298804 Target
  Audiences
• Original Equipment Manufacturers (OEMs)
• Component Suppliers
• Military
• Other Service Providers
• Based on type, the rocket and missile market has
  been segmented into missile and rocket. Missiles
  are further segmented into ballistic missiles and
  cruise missiles. Ballistic missiles have a
  target range from a few hundred kilometers to a
  thousand kilometers. Based on range, ballistic
  missiles are further segmented into Short Range
  Ballistic Missile (SRBM), Medium Range Ballistic
  Missile (MRBM), Intermediate Range Ballistic
  Missile (IRBM), and Intercontinental Ballistic
  Missile (ICBM). The development of ballistic
  missiles in countries such as China and India is
  very high, due to the geopolitical scenario,
  regional disputes, and preparedness for war,
  among others.
• Based on launch mode, the rocket and missile
  market has been segmented into
  Surface-to-Surface (SSM), Surface-to-Air (SAM),
  Air-to-Surface (ASM), Air-to-Air (AAM), and
  Subsea-to-Surface (SuSM). The SSM segment is
  projected to grow at the highest CAGR during the
  forecast period. The rising demand for SSM can be

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attributed to several factors, including the
increasing focus on close combat scenario,
increasing development of cruise missiles, use of
Anti-Tank Guided Missile (ATGMs) for urban
warfare roles, increasing long range ballistic
missile arsenal, and wide use of surface
precision strike, among others. Based on
propulsion, the rocket and missile market has
been segmented into solid, liquid, hybrid,
ramjet, turbojet, and scramjet. The market is
dominated by the solid propulsion segment. Solid
propulsion is widely used in ballistic missiles
and in other short range missiles. The scramjet
segment is projected to grow at the highest CAGR.
This can be attributed to the wide adoption of
cruise missiles in military arsenals
worldwide. North America is expected to have the
largest market share during the forecast period.
One of the key factors driving the North
America rocket and missile market is the
continuous demand from the U.S. military and
engagement in various small conflicts. Russia
and China are two the major countries who are
increasingly investing in rocket and missile and
related technologies. Key Market Players Key
players operating in the global rocket and
missile market are Thales Group (France), MBDA
Inc. (U.K.), Raytheon Company (U.S.), Rafael
Advanced Defense Systems Ltd (Israel), Roketsan
A.S. (Turkey), and Lockheed Martin Corporation
(U.S.), among others. Contracts are the major
growth strategy adopted by the top players to
strengthen their position in the rocket and
missile market. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
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