The Aerospace and Defense practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the “Shoulder Fired Anti-Tank, Anti-Aircraft Short Range Missiles and RPG Market – Global Forecasts and Analysis to 2014 – 2020” to be held on 17 March,2014
Global Shoulder Fired, Anti-Tank, and Anti-Aircraft systems gather massive amount of data from both qualitative and quantitative inputs on the basis of market size and market share as well as the technological trend of the industry and other sources. The data is amalgamated, processed into information that can be used and shared safely among authorized users for taking better decisions and achieving situational awareness. total market for man- portable anti-armor weapons is expected to be $3.2 billion in 2014 and the market will produce around $1.9 million weapons by the end of 2020. The current CAGR is 6.03%. The new growth regions are expected to be Brazil, India, South Korea, China, and Japan due to their defense spending and their current national security situation.
The agenda for the briefing includes discussion on key high growth markets, thereby marking the growth trend in Anti-Tank, Anti-Aircraft systems. In addition, a briefing is conducted on the current market trends, competitive scenario, market drivers & restraints, geographic trends &opportunities in countries like Brazil, U.S., U.K., Australia, India, Saudi Arabia, Turkey and Japan.
Saudi Arabia will be the leader in the Middle East region. Brazil, Indonesia and Turkey will be the key growth regions for this market.
There is an increasing popularity in the Surface to Surface Missile type in the Short Range missiles market.
The missile market in the U.S. is estimated to grow from $1,185.60 million in 2014 to $1237.01 million in 2020 at CAGR of 1%. Since the war on terror in Afghanistan and Iraq is expected to come to a close, the U.S. market is expected to register flat growth.
Overall, mission effectiveness is becoming increasingly dependent on C4ISR systems, as modern warfare becomes more asymmetric in nature.
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Note: An email containing the Login Details and Time of the Analyst Briefing will be sent to you soon after your registration.