Global Market Ecosystem Analysis for Missile Seekers Market

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MISSILE SEEKERS MARKET GLOBAL TOP 2000 STRATEGIST
RELY ON US FOR THEIR GROWTH STRATEGIES. KMNiOsWsMi
lOeRESe(e/KknoewrlesdgMestaorre.kaseptrebquyesTt_
efrece_htrnialo) logy (Active Radar, Semi-active
Radar, Passive Radar, Infrared, Laser,
Multi-mode), Missile Type (Interceptor,
Ballistic, Cruise, Conventional), Launch Mode,
and Region (North America, Europe, APAC, RoW)
(2021-2026) FREE BROCHURE (/pdfdownloadNew.asp?id
78626710) FREE SAMPLE REPORT (/requestsampleNew.as
p?id78626710) Report Code AS 7989Sep, 2021, by
marketsandmarkets.com DESCRIPTION TABLE OF
CONTENTS METHODOLOGY DOWNLOAD PDF
(/PDFDOWNLOADNEW.ASP?ID78626710) 186 Pages
Report The global missile seekers market size is
projected to grow from USD 5.3 billion in 2021 to
USD 6.8 billion by 2026, at a CAGR of 5.2 from
2021 to 2026. The market is driven by factors
such as development of smaller missiles and
their seekers, growing demand for missile defense
systems and advancements in guidance systems.
To know about the assumptions considered for the
study, Request for Free Sample Report W(ehutstpe
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kers market is the least impacted because of
COVID-19 outbreak. Market for missile r missiles
is expected to grow at a very healthy rate, from
2382 Million USD in 2021 to
Infrared based missile see seekers used in
intercepto 3140 Million USD in 2026.
(/) COVID-19 Impact on the missile seekers
Market HTOhMeE m(/) isAsBilOeUsTeUeSk(e/ArBsOmUTaU
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S/MPa)rkaertksaentd-Rmaerpkeotsr.tcso/mm/sisigsnii
lne.a-sspe)ekers-market- R7E8S6E2AR6C7H1E0X.hPEtm
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,PN) orthrop CONTACT US (/CONTACTUS.ASP) Grumman
Corporation (US), Thales (France), and Safran
Group (France). These players have spread
their business across various countries includes
North America, Europe, Asia Pacific, Middle East,
Africa, and Latin America. COVID-19 has impacted
their businesses as well. Industry experts
believe that COVID-19 has affected the services
for defense sector globally in 2020. During the
COVID-19 outbreak, the orders and deliveries of
missile were intact. However, owing to supply
chain disruptions, slight negative impact is
expected on the Missile seekers market which
recovers slowly in 1st quarter of 2021. Missile
seekers Market Dynamics Driver Geopolitical
Instabilities Geopolitical instabilities in
various countries across the globe have led to
increased defense budgets of these countries.
For instance, during the cold war era from the
1950s to 1990s, countries such as the U.S. and
Russia made significant investments in
submarine-launched ballistic missiles, nuclear
warheads, long-range rockets, and other weapon
systems. The number of active conflicts has also
increased, globally, especially in the last five
years. Some of the ongoing conflicts include the
Afghanistan war, the India-Pakistan dispute, the
North Korea issue. The latest addition to that
is US-China dispute, which may convert into a
naval war. To counter navy, air- to-surface
guided missiles to be fired from fighter planes
to ships, plays an important role. The rise in
the number of such conflicts across the globe is
expected to drive the demand and motivation for
improvements in missile seekers in near
future. Opportunity Depleting stock of
precision guided missiles Manufacturing of guided
missiles is a lengthy process. US is one of the
key consumers in the missile markets. But the
recent reports suggests that the stock of
missiles of US military is depleting. Which will
be creating a huge demand for missiles by US
military in near future. Considering the recent
tensions with China, US would be ready from
their end, which means the depleting stock of
missiles needs an urgent refill. Which is
expected to create a huge demand for missile
seekers used in those missiles as well, which
will create an opportunity for the missile
seekers market to grow. Challenges Regulations
on the use of missiles Missile is a weapon which
does mass destruction. So, there are certain
regulations which are to be followed while using
the missile. The missile cannot be used in cities
in the presence of civilians or buildings which
may fall down because of missile impact. Because
of such limitations on the usage of missiles,
they are not preferred over other weapons by
most of the countries.
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ed missile seeker system will drive the demand
for technology type segment able of tracking the
heat generated by an object. In missile guidance
systems, infrared the heat generated by it.
Infrared is a passive type of homing technology
which is (e/)ffective in anti-aircraft missiles
as it detects the heat generated by the jet
engines of aircraft. Cross-array seekers and
rosette seekers make use of infrared technology
to guide missiles.
Demand for Infrared bas Infrared technology is
cap tracks the target based on
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oNAwLYitSnTeBRsIsEFaINhGSig.HhTeMrL)CACAGRREERdSu(
r/CinAgREtEhRe.ASfoP)recast period CONTACT US
(/CONTACTUS.ASP) The revenue generated by the
interceptor missiles market, which recorded USD
2382 million in 2021, is expected to grow up to
USD 3140 million in 2026 with CAGR of 5.69. The
demand interceptor missiles will be largely
driven by border tensions persisting in countries
such as Israel, India, China, South Korea, and
Saudi Arabia. Market for missile seekers used
in surface to Air launch mode missiles is
projected to witness highest CAGR during the
forecast period Market for missile seekers used
in surface to air missiles is expected to grow
2142 Million USD in 2021 to 2513 Million USD in
2026 with CAGR of 5.58. Surface-to-air rockets
and missiles are launched from the ground and
are designed to hit aerial targets, such as
aircraft and helicopters. They are also used to
destroy other missiles as well. These missiles
form the major part of an anti-aircraft system
and are used for anti-air warfare
operations. The North America market is
projected to contribute the largest share from
2021 to 2026 North America is projected to be the
largest regional share of the missile seekers
market during the forecast period. In the North
America section, the missile seekers market is
majorly divided into two countries US and
Canada. The US is one of the leaders in the
missile seekers industry. Major companies such as
Raytheon Technologies, Northrop Grumman
Corporation and Analog Devices, and small-scale
private companies such as Wxcelitas Technologies
Ltd., Janos Tech, and MAROTTA controls have their
headquarters in the US. The above- mentioned
major players continuously invest in the RD of
new improved designs of missile seekers. The
progress of missile seekers in North America is
growing because of the steady demand in the
defence sector and the development of advanced
and compact missiles.
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Key Market Players The missile seekers market is
largely fragmented. Established players in the
market include BAE Systems (UK), Boeing (US),
Leonardo S.p.A. (Italy), Safran Group (France),
Raytheon Technologies (US), Thales (France),
Northrop Grumman Corporation (US).
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Scope of the Report
Report Metric Details
Market size available for years 2018?2026
Base year considered 2021
Forecast period 2021-2026
Forecast units Value (USD Million)
Segments covered By Technology, By Missile Type, By Launch Mode, By Region
Geographies covered North America, Europe, Asia Pacific, Middle East, and Rest of the World
Companies covered BAE Systems (UK), Leonardo S.p.A. (Italy), Raytheon Technologies (US), Safran Group (France), Thales (France), and Northrop Grumman Corporation (US)
The study categorizes the missile seekers market
based on Technology, Missile Type, Launch Mode,
and Region. By Technology Active Radar
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Passive Radar Infrared Laser
Multi-mode
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By Missile Type
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CONTACT US (/CONTACTUS.ASP) Ballistic
Missile Interceptor Missile Conventional By
Launch Mode Surface-to-Surface
Surface-to-Air Air-to-Surface Air-to-Air By
Region North America Asia Pacific Europe
Middle East Rest of the World Recent
Developments In June 2021, Rafael Advanced
Defense Systems Ltd. unveils Sea Breaker, a 5th
generation long range, autonomous,
precision-guided missile system, enabling
significant attack performance against a variety
of high-value maritime and land targets. In
October 2020, Raytheon Missiles Defense, a
Raytheon Technologies business, announced the
StormBreaker smart weapon, which uses an
innovative multi-mode seeker, has been approved
for use on the F-15E by the U.S. Air Force's Air
Combat Command. Frequently Asked Questions (FAQ)
What are your views on the growth prospect of the missile seekers market?
What are the key sustainability strategies adopted by leading players operating in the missile seekers market?
What are the new emerging technologies and use cases disrupting the missile seekers market?
Who are the key players and innovators in the
ecosystem of the Missile seekers market? Which
region is expected to hold the highest market
share in the missile seekers market?
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