Rocket and Missile Market by Type (Missile, Rocket), Launch Mode (Surface-to-Surface, Surface-to-Air, Air-to-Air, Air-to-Surface, Subsea-to-Surface), Propulsion (Solid, Liquid, Hybrid, Scramjet, Turbojet, Ramjet) & Region - Global Forecast to 2022

The rocket and missile market is projected to grow from USD 55.53 Billion in 2017 to USD 70.00 Billion by 2022, at a CAGR of 4.74% 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.

The market size estimations for various segments and subsegments of this market were arrived at through extensive secondary research that included government sources such as the U.S. Department of Defense (DoD), the U.S. Army website, company websites, corporate filings such as annual reports, investor presentations, and financial statements, and trade, business, and professional associations, among others, corroboration with primaries, and further market triangulation with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and added with detailed inputs and analysis from MarketsandMarkets, and presented in this report.

To know about the assumptions considered for the study, download the pdf brochure

The ecosystem of the rocket and missile market comprises OEMs, integrators, and end users. Key end users of the rocket and missile market are defense forces. Major players in the rocket and missile marketare Lockheed Martin Corporation (U.S.), MBDA Inc. (U.K.), Saab AB (Sweden), Raytheon Company (U.S.), Roketsan A.S. (Turkey), Rafael Advanced Defense Systems Ltd (Israel), and General Dynamics Corporation (U.S.), among others.

Target Audiences

• Original Equipment Manufacturers (OEMs)
• Component Suppliers
• Military
• Other Service Providers

“The study answers several questions for stakeholders, primarily, which segments to focus on over the next five years for prioritizing efforts and investments.”

Scope of the Report

This research report categorizes the global rocket and missile market into the following segments and subsegments:

Rocket & Missile Market, By Type

• Missile
• Rocket

Rocket & Missile Market, By Subtype

• Missile
  • Ballistic Missile (By Range)
    • Short Range Ballistic Missile (SRBM)
    • Medium Range Ballistic Missile (MRBM)
    • Intermediate Range Ballistic Missile (IRBM)
    • Intercontinental Ballistic Missile (ICBM)
  • Cruise Missile (By Range)
    • Short Range (<300 km)
    • Medium Range (300-1000 km)
    • Long Range ((>1000 km)
• Rocket
  • Artillery Rocket
    • Multiple Launch Rocket System (MLRS)
    • Shoulder Fired Rocket
  • Air-launched Rocket

Rocket & Missile Market, By Launch Mode

• Surface-to-Surface (SSM)
• Surface-to-Air (SAM)
• Air-to-Surface (ASM)
• Air-to-Air (AAM)
• Subsea-to-Surface (SuSM)

Rocket & Missile Market, By Launch Mode

• Solid Propulsion
• Liquid Propulsion
• Hybrid Propulsion
• Ramjet
• Turbojet
• Scramjet

Rocket & Missile Market, By Region

• North America
  • U.S.
  • Canada
• Europe
  • Russia
  • France
  • Germany
  • U.K.
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• Middle East
  • Saudi Arabia
  • Turkey
  • Israel
  • Rest of Middle East
• Rest of the World
  • Latin America
  • Africa

Customizations available for the report

With the given market data, MarketsandMarkets offers customizations as per the specific needs of a company. The following customization options are available for the report:

• Country-level Analysis
  • Comprehensive market projections for countries categorized under North America, Europe, Asia-Pacific, Middle East, the Rest of the World
  • Country-level analysis of the market of various missile subsegments based on ballistic and cruise
• Company Information
  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 19)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 23)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Analysis
                    2.2.2.1 Requirement of Long-Range and High-Speed Missiles
                    2.2.2.2 Increasing Threat From Aerial Combat Platforms
                    2.2.2.3 Countering Air Defense Systems
           2.2.3 Supply-Side Analysis
                    2.2.3.1 Technological Advancements in Rockets and Missiles
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 34)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Opportunities in the Rocket and Missile Market, 2017-2022
    4.2 Cruise Missile Market Size, By Range
    4.3 Ballistic Missile Market Size, By Range
    4.4 Rocket and Missile Market Size, By Launch Mode
    4.5 Rocket and Missile Market Size, By Propulsion
    4.6 Rocket and Missile Market, By Region

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Type
                    5.2.1.1 Missile, By Subtype
                    5.2.1.2 Rocket, By Subtype
           5.2.2 By Launch Mode
           5.2.3 By Propulsion
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Geopolitical Instabilities
                    5.3.1.2 Changing Nature of Warfare
                    5.3.1.3 Increasing Defense Expenditure of Emerging Economies
                    5.3.1.4 Arms Race
           5.3.2 Restraints
                    5.3.2.1 High Cost Involved in the Development of Missile Systems
                    5.3.2.2 High Complexity and Requirement of Periodic Maintenance of Rockets and Missiles
                    5.3.2.3 Stringent Regulations Pertaining to Use of Missiles
           5.3.3 Opportunities
                    5.3.3.1 Miniaturization of Missiles and Their Components
                    5.3.3.2 Access to Advanced Technologies Through Mtcr Membership
                    5.3.3.3 Development of Hybrid Fuel Powered Missiles
                    5.3.3.4 Exports of Short-Range Missiles By Various Countries
           5.3.4 Challenges
                    5.3.4.1 Issues Related to Integration of A Missile

6 Industry Trends (Page No. - 51)
    6.1 Introduction
    6.2 3D Printed Missile Components
    6.3 Fiber Optic Guidance System
    6.4 Multiple Independent Re-Entry Vehicle (MIRV)
    6.5 Stealth Technology
    6.6 Miniaturization
    6.7 Semi-Active Laser Guidance
    6.8 Automatic Target Recognition (ATR)
    6.9 Advanced Tactical Data Link
    6.10 Precision Guided Missile
    6.11 Advanced Seeker Technology
           6.11.1 Millimeter Wave Seeker Technology
    6.12 Hypersonic Engines
    6.13 Sensor Integration
    6.14 Hypersonic Airframes
    6.15 Innovation & Patent Registrations

7 Rocket and Missile Market, By Type (Page No. - 59)
    7.1 Introduction
    7.2 Missile
           7.2.1 Cruise Missile, By Range
                    7.2.1.1 Short-Range (<300 Km)
                    7.2.1.2 Medium-Range (300-1000 Km)
                    7.2.1.3 Long-Range (>1000 Km)
           7.2.2 Ballistic Missile
                    7.2.2.1 Short-Range Ballistic Missile (SRBM)
                    7.2.2.2 Medium-Range Ballistic Missile (MRBM)
                    7.2.2.3 Intermediate-Range Ballistic Missile (IRBM)
                    7.2.2.4 Intercontinental Ballistic Missile (ICBM)
    7.3 Rocket
           7.3.1 Rocket, By Subtype
                    7.3.1.1 Artillery Rocket
                               7.3.1.1.1 Multiple Launch Rocket System (MLRS)
                               7.3.1.1.2 Shoulder-Fired
                    7.3.1.2 Air-Launched Rocket

8 Rocket and Missile Market, By Launch Mode (Page No. - 68)
    8.1 Introduction
    8.2 Surface-To-Surface
    8.3 Surface-To-Air
    8.4 Air-To-Air
    8.5 Air-To-Surface
    8.6 Subsea-To-Surface

9 Rocket and Missile Market, By Propulsion (Page No. - 74)
    9.1 Introduction
    9.2 Solid Propulsion
    9.3 Liquid Propulsion
    9.4 Hybrid Propulsion
    9.5 Ramjet
    9.6 Turbojet
    9.7 Scramjet

10 Regional Analysis (Page No. - 80)
     10.1 Introduction
     10.2 North America
             10.2.1 By Type
                        10.2.1.1 By Missile Subtype
                                     10.2.1.1.1 By Cruise Missile Range
                                     10.2.1.1.2 By Ballistic Missile Range
                        10.2.1.2 By Rocket Subtype
                                     10.2.1.2.1 By Artillery Rocket
             10.2.2 By Launch Mode
             10.2.3 By Propulsion
             10.2.4 By Country
                        10.2.4.1 U.S.
                                     10.2.4.1.1 By Type
                                     10.2.4.1.2 By Launch Mode
                        10.2.4.2 Canada
                                     10.2.4.2.1 By Type
                                     10.2.4.2.2 By Launch Mode
     10.3 Europe
             10.3.1 By Type
                        10.3.1.1 By Missile Subtype
                                     10.3.1.1.1 By Cruise Missile Range
                                     10.3.1.1.2 By Ballistic Missile Range
                        10.3.1.2 By Rocket Subtype
                                     10.3.1.2.1 By Artillery Rocket
             10.3.2 By Launch Mode
             10.3.3 By Propulsion
             10.3.4 By Country
                        10.3.4.1 Russia
                                     10.3.4.1.1 By Type
                                     10.3.4.1.2 By Launch Mode
                        10.3.4.2 Germany
                                     10.3.4.2.1 By Type
                                     10.3.4.2.2 By Launch Mode
                        10.3.4.3 U.K.
                                     10.3.4.3.1 By Type
                                     10.3.4.3.2 By Launch Mode
                        10.3.4.4 France
                                     10.3.4.4.1 By Type
                                     10.3.4.4.2 By Launch Mode
                        10.3.4.5 Rest of Europe
                                     10.3.4.5.1 By Type
                                     10.3.4.5.2 By Launch Mode
     10.4 Asia-Pacific
             10.4.1 By Type
                        10.4.1.1 By Missile Subtype
                                     10.4.1.1.1 By Cruise Missile Range
                                     10.4.1.1.2 By Ballistic Missile Range
                        10.4.1.2 By Rocket Subtype
                                     10.4.1.2.1 By Artillery Rocket
             10.4.2 By Launch Mode
             10.4.3 By Propulsion
             10.4.4 By Country
                        10.4.4.1 China
                                     10.4.4.1.1 By Type
                                     10.4.4.1.2 By Launch Mode
                        10.4.4.2 India
                                     10.4.4.2.1 By Type
                                     10.4.4.2.2 By Launch Mode
                        10.4.4.3 Australia
                                     10.4.4.3.1 By Type
                                     10.4.4.3.2 By Launch Mode
                        10.4.4.4 Japan
                                     10.4.4.4.1 By Type
                                     10.4.4.4.2 By Launch Mode
                        10.4.4.5 South Korea
                                     10.4.4.5.1 By Type
                                     10.4.4.5.2 By Launch Mode
                        10.4.4.6 Rest of Asia-Pacific
                                     10.4.4.6.1 By Type
                                     10.4.4.6.2 By Launch Mode
     10.5 Middle East
             10.5.1 By Type
                        10.5.1.1 By Missile Subtype
                                     10.5.1.1.1 By Cruise Missile Range
                                     10.5.1.1.2 By Ballistic Missile Range
                        10.5.1.2 By Rocket Subtype
                                     10.5.1.2.1 By Artillery Rocket
             10.5.2 By Launch Mode
             10.5.3 By Propulsion
             10.5.4 By Country
                        10.5.4.1 Saudi Arabia
                                     10.5.4.1.1 By Type
                                     10.5.4.1.2 By Launch Mode
                        10.5.4.2 Israel
                                     10.5.4.2.1 By Type
                                     10.5.4.2.2 By Launch Mode
                        10.5.4.3 Turkey
                                     10.5.4.3.1 By Type
                                     10.5.4.3.2 By Launch Mode
                        10.5.4.4 Rest of Middle East
                                     10.5.4.4.1 By Type
                                     10.5.4.4.2 By Launch Mode
     10.6 Rest of the World
             10.6.1 By Type
                        10.6.1.1 By Missile Subtype
                                     10.6.1.1.1 By Cruise Missile Range
                                     10.6.1.1.2 By Ballistic Missile Range
                        10.6.1.2 By Rocket Subtype
                                     10.6.1.2.1 By Artillery Rocket
             10.6.2 By Launch Mode
             10.6.3 By Propulsion
             10.6.4 By Region
                        10.6.4.1 Latin America
                                     10.6.4.1.1 By Type
                                     10.6.4.1.2 By Launch Mode
                        10.6.4.2 Africa
                                     10.6.4.2.1 By Type
                                     10.6.4.2.2 By Launch Mode

11 Competitive Landscape (Page No. - 137)
     11.1 Vendor Dive Overview
             11.1.1 Vanguards
             11.1.2 Innovator
             11.1.3 Dynamic
             11.1.4 Emerging
     11.2 Competitive Benchmarking
             11.2.1 Analysis of Product Portfolio of Major Players in the Rocket and Missile Market (25 Players)
             11.2.2 Business Strategies Adopted By Major Players in the Rocket and Missile Market (25 Players)

Top 25 Companies Analyzed for This Study are – Lockheed Martin; MBDA, Inc.; Saab AB; Nammo As; Thales Group; General Dynamics; Denel Dynamics; Mesko SA; Roketsan; Tactical Missiles Corporation; Lig Nex1; Mectron; Boeing Company; Rheinmetall Ag; Npo Mashinostroyenia; Makeyev Rocket Design Bureau; Bharat Dynamics; Northrop Grumman; Brahmos Aerospace; Bae Systems; Orbital Atk; Brahmos Aerospace; the Raytheon Company; Rafael Advanced Defense Systems; Kongsberg Gruppen ASA

12 Company Profiles (Page No. - 141)
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
     12.1 Lockheed Martin
     12.2 MBDA Holdings SAS
     12.3 Rafael Advanced Defense Systems Ltd.
     12.4 The Raytheon Company
     12.5 Saab AB
     12.6 Nammo as
     12.7 Kongsberg Gruppen ASA
     12.8 Thales Group
     12.9 General Dynamics Corporation
     12.10 Mesko S.A.
     12.11 Denel Dynamics
     12.12 Roketsan A.S.

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 174)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Available Customization
     13.5 Related Reports
     13.6 Author Details

List of Tables (134 Tables)

Table 1 List of Ongoing Geopolitical Issues and Conflicts
Table 2 List of Countries With Nuclear Warheads, 2016
Table 3 Member Countries of Missile Technology Control Regime (Mtcr)
Table 4 Important Innovation & Patent Registrations, 2012-2016
Table 5 Rocket & Missile Market Size, By Type, 2015-2022 (USD Billion)
Table 6 Missile Segment, By Subtype, 2015-2022 (USD Billion)
Table 7 Missile Segment, By Region, 2015-2022 (USD Billion)
Table 8 Cruise Missile Segment, By Range, 2015-2022 (USD Billion)
Table 9 Ballistic Missile Segment, By Range, 2015-2022 (USD Billion)
Table 10 Short-Range Ballistic Missile (SRBM)
Table 11 Medium-Range Ballistic Missile (MRBM)
Table 12 Intermediate-Range Ballistic Missile (IRBM)
Table 13 Inter-Continental Ballistic Missile (ICBM)
Table 14 Rocket Segment, By Region, 2015-2022 (USD Billion)
Table 15 Rocket Segment, By Subtype, 2015-2022 (USD Billion)
Table 16 Artillery Rocket, By Type, 2015-2022 (USD Billion)
Table 17 Rocket & Missile Market Size, By Launch Mode, 2015-2022 (USD Billion)
Table 18 Surface-To-Surface Rocket & Missile Market Size, By Region, 2015-2022 (USD Billion)
Table 19 Surface-To-Air Rocket & Missile Market Size, By Region, 2015-2022 (USD Billion)
Table 20 Air-To-Air Rocket & Missile Market Size, By Region, 2015-2022 (USD Billion)
Table 21 Air-To-Surface Rocket & Missile Market Size, By Region, 2015-2022 (USD Billion)
Table 22 Subsea-To-Surface Rocket & Missile Market Size, By Region, 2015-2022 (USD Billion)
Table 23 Rocket & Missile Market Size, By Propulsion, 2015-2022 (USD Billion)
Table 24 Solid Propulsion Segment, By Region, 2015-2022 (USD Billion)
Table 25 Liquid Propulsion Segment, By Region, 2015-2022 (USD Billion)
Table 26 Hybrid Propulsion Segment, By Region, 2015-2022 (USD Billion)
Table 27 Ramjet Segment, By Region, 2015-2022 (USD Billion)
Table 28 Turbojet Segment, By Region, 2015-2022 (USD Billion)
Table 29 Scramjet Segment, By Region, 2015-2022 (USD Billion)
Table 30 Rocket & Missile Market Size, By Region, 2017–2022 (USD Billion)
Table 31 North America Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 32 North America Rocket & Missile Market Size for Missile, By Subtype, 2015–2022 (USD Billion)
Table 33 North America Rocket & Missile Market Size for Cruise Missile, By Range, 2015–2022 (USD Billion)
Table 34 North America Rocket & Missile Market Size for Ballistic Missile, By Range, 2015–2022 (USD Billion)
Table 35 North America Rocket & Missile Market Size for Rocket, By Subtype, 2015–2022 (USD Billion)
Table 36 North America Rocket & Missile Market Size for Artillery Rocket, By Type, 2015–2022 (USD Billion)
Table 37 North America Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 38 North America Rocket & Missile Market Size, By Propulsion, 2015–2022 (USD Billion)
Table 39 North America Rocket & Missile Market Size, By Country, 2015-2022 (USD Billion)
Table 40 U.S.: Contracts Signed for Rockets and Missiles, 2014-2017
Table 41 U.S.: Operational Missiles, 2015
Table 42 U.S. Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 43 U.S. Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 44 Canada: Contracts Signed for Rockets and Missiles, 2015
Table 45 Canada Rocket & Missile Market Size, By Type, 2015–2022 (USD Million)
Table 46 Canada Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Million)
Table 47 Europe Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 48 Europe Rocket & Missile Market Size for Missile, By Subtype, 2015–2022 (USD Billion)
Table 49 Europe Rocket & Missile Market Size for Cruise Missile, By Range, 2015–2022 (USD Billion)
Table 50 Europe Rocket & Missile Market Size for Ballistic Missile, By Range, 2015–2022 (USD Billion)
Table 51 Europe Rocket & Missile Market Size for Rocket, By Subtype, 2015–2022 (USD Billion)
Table 52 Europe Rocket & Missile Market Size for Artillery Rocket, By Type, 2015–2022 (USD Billion)
Table 53 Europe Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 54 Europe Rocket & Missile Market Size, By Propulsion, 2015–2022 (USD Billion)
Table 55 Europe Rocket & Missile Market Size, By Country, 2015-2022 (USD Billion)
Table 56 Russia: Contracts Signed for Rockets and Missiles, 2015-2017
Table 57 Russia: Operational Missiles
Table 58 Russia Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 59 Russia Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 60 Germany: Contracts Signed for Rockets and Missiles, 2013-2017
Table 61 Germany Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 62 Germany Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 63 U.K.: Contracts Signed for Rockets and Missiles, 2014-2016
Table 64 U.K. Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 65 U.K. Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 66 France: Contracts and Agreements Signed for Rockets and Missiles, 2016-2017
Table 67 France: Operational Missiles
Table 68 France Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 69 France Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 70 Rest of Europe Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 71 Rest of Europe Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 72 Asia-Pacific Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 73 Asia-Pacific Rocket & Missile Market Size for Missile, By Subtype, 2015–2022 (USD Billion)
Table 74 Asia-Pacific Rocket & Missile Market Size for Cruise Missile, By Range, 2015–2022 (USD Billion)
Table 75 Asia-Pacific Rocket & Missile Market Size for Ballistic Missile, By Range, 2015–2022 (USD Billion)
Table 76 Asia-Pacific Rocket & Missile Market Size for Rocket, By Subtype, 2015–2022 (USD Billion)
Table 77 Asia-Pacific Rocket & Missile Market Size for Artillery Rocket, By Type, 2015–2022 (USD Billion)
Table 78 Asia-Pacific Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 79 Asia-Pacific Rocket & Missile Market Size, By Propulsion, 2015–2022 (USD Billion)
Table 80 Asia-Pacific Rocket & Missile Market Size, By Country, 2015-2022 (USD Billion)
Table 81 China: Contracts Signed for Rockets and Missiles, 2013-2017
Table 82 China: Operational Missiles
Table 83 China Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 84 China Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 85 India: Partnerships, Mou, and Contracts Signed for Rockets and Missiles, 2015-2017
Table 86 India: Operational Missiles
Table 87 India Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 88 India Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 89 Australia: Contracts Signed for Rockets and Missiles, 2017
Table 90 Australia Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 91 Australia Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 92 Japan: Contracts Signed for Rockets and Missiles, 2017
Table 93 Japan Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 94 Japan Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 95 South Korea: Contracts Signed for Rockets and Missiles, 2015-2017
Table 96 South Korea Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 97 South Korea Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 98 Rest of Asia-Pacific Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 99 Rest of Asia-Pacific Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 100 Middle East Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 101 Middle East Rocket & Missile Market Size for Missile, By Subtype, 2015–2022 (USD Billion)
Table 102 Middle East Rocket & Missile Market Size for Cruise Missile, By Range, 2015–2022 (USD Billion)
Table 103 Middle East Rocket & Missile Market Size for Ballistic Missile, By Range, 2015–2022 (USD Billion)
Table 104 Middle East Rocket & Missile Market Size for Rocket, By Subtype, 2015–2022 (USD Billion)
Table 105 Middle East Rocket & Missile Market Size for Artillery Rocket, By Type, 2015–2022 (USD Billion)
Table 106 Middle East Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 107 Middle East Rocket & Missile Market Size, By Propulsion, 2015–2022 (USD Billion)
Table 108 Middle East Rocket & Missile Market Size, By Country, 2015-2022 (USD Billion)
Table 109 Saudi Arabia: Contracts Signed for Rockets and Missiles, 2013-2016
Table 110 Saudi Arabia Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 111 Saudi Arabia Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 112 Israel: Contracts Signed for Rockets and Missiles, 2014-2017
Table 113 Israel Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 114 Israel Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 115 Turkey: Contracts Signed for Rockets and Missiles, 2017
Table 116 Turkey Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 117 Turkey Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 118 Rest of Middle East Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 119 Rest of Middle East Rocket & Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 120 Rest of the World Rocket & Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 121 Rest of the World Rocket & Missile Market Size for Missile, By Subtype, 2015–2022 (USD Billion)
Table 122 Rest of the World Rocket & Missile Market Size for Cruise Missile, By Range, 2015–2022 (USD Billion)
Table 123 Rest of the World Rocket & Missile Market Size for Ballistic Missile, By Range, 2015–2022 (USD Billion)
Table 124 Rest of the World Rocket & Missile Market Size for Rocket, By Subtype, 2015–2022 (USD Billion)
Table 125 Rest of the World Rocket & Missile Market Size for Artillery Rocket, By Type, 2015–2022 (USD Billion)
Table 126 Rest of the World Rocket and Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 127 Rest of the World Rocket and Missile Market Size, By Propulsion, 2015–2022 (USD Billion)
Table 128 Rest of the World Rocket and Missile Market Size, By Region, 2015-2022 (USD Billion)
Table 129 Brazil: Contracts Signed for Rockets and Missiles, 2014-2016
Table 130 Latin America Rocket and Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 131 Latin America Rocket and Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)
Table 132 South Africa: Contracts Signed for Rockets and Missiles, 2015-2016
Table 133 Africa Rocket and Missile Market Size, By Type, 2015–2022 (USD Billion)
Table 134 Africa Rocket and Missile Market Size, By Launch Mode, 2015–2022 (USD Billion)

List of Figures (45 Figures)

Figure 1 Rocket and Missile Market: Research Flow
Figure 2 Rocket and Missile Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Based on Type, the Missile Segment is Expected to Lead the Rocket and Missile Market During the Forecast Period
Figure 8 Ballistic Missile is Projected to Be A Larger Subsegment of the Missile Segment During the Forecast Period
Figure 9 The Rocket and Missile Market in Asia-Pacific is Projected to Witness Highest Growth During the Forecast Period
Figure 10 The U.S. is Projected to Be A Key Market for Rocket and Missile Market During the Forecast Period
Figure 11 Major Players Adopted the Strategy of Contracts to Achieve Growth in the Rocket and Missile Market Between January 2014 and April 2017
Figure 12 Huge Investments By Asia-Pacific Countries to Procure Missiles Drive the Rocket and Missile Market
Figure 13 Long Range Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 14 Intercontinental Ballistic Missile Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 15 Surface-To-Surface Segment to Lead the Market During the Forecast Period
Figure 16 The Scramjet Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 17 North America Estimated to Account for the Largest Share of the Rocket and Missile Market in 2017
Figure 18 Rocket and Missiles Market Segmentation: By Type
Figure 19 Missile Segment, By Subtype
Figure 20 Rocket Segment, By Subtype
Figure 21 Rocket and Missile Market Segmentation: By Launch Mode
Figure 22 Rocket and Missile Market Segmentation: By Propulsion
Figure 23 Rocket and Missiles Market: Drivers, Restraints, Opportunities, and Challenges
Figure 24 Military Expenditure of Developing Countries, 2016
Figure 25 Advantages of Miniaturization
Figure 26 Advantages of Hybrid Propulsion Systems
Figure 27 End User Requirements of Advanced Seeker Technology
Figure 28 Rocket Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 29 Surface-To-Surface Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 30 Scramjet Segment Projected to Grow at the Highest CAGR During the Forecast Period (2017-2022)
Figure 31 Regional Snapshot
Figure 32 North America Rocket and Missile Market Snapshot
Figure 33 Europe Rocket & Missile Market Snapshot
Figure 34 Asia-Pacific Rocket & Missile Market Snapshot
Figure 35 Middle East Rocket & Missile Market Snapshot
Figure 36 Dive Chart
Figure 37 Lockheed Martin: Company Snapshot
Figure 38 The Raytheon Company: Company Snapshot
Figure 39 Saab AB: Company Snapshot
Figure 40 Nammo As: Company Snapshot
Figure 41 Kongsberg Gruppen ASA: Company Snapshot
Figure 42 Thales Group: Company Snapshot
Figure 43 General Dynamics Corporation: Company Snapshot
Figure 44 Denel Dynamics: Company Snapshot
Figure 45 Rocket & Missile Market Segmentation

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.

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 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.

The growth of the rocket and missile market could, however, be affected by certain factors in the coming years. These include declining defense budgets of developed economies such as the U.S., Canada, the U.K., and Germany and stringent technology sharing rules.

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.

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