Rockets and Missiles Market by Speed (Subsonic, Supersonic, Hypersonic), Product, Propulsion Type (Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet), Guidance Mechanism (Guided and Unguided), Launch Platform & Region (2021-2026)
The Global Rockets and Missiles Market size is projected to grow from USD 58.3 billion in 2021 to USD 73.8 billion by 2026, at a CAGR of 4.8% from 2021 to 2026.
The rockets and missiles market is expected to witness growth due to consistent increase in defense budget across the globe and the need for advanced rockets and missiles to counter the modern combat around the country’s border. Furthermore, increasing number of conflicts, and high defense spending are some of the major factors driving the market globally. Governments of various countries, such as the US, China, India, and Russia, are spending heavily on modernizing their military resources. Thus, a large number of weapon manufacturers are shifting their focus towards developing rockets and missiles. However, issues related to the integration of missiles pose a challenge for rockets and missiles market growth.
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COVID-19 Impact on the Rockets and missiles Market
The COVID-19 outbreak has led to multiple challenges for the defense industry. Though the industry was not severely affected but still has faced many economic problems post the COVID-19 outbreak. Since the beginning of the outbreak, the defense industry has been hit globally.
The drying up of private financing, reduction of defense expenditure in 2020 across the globe, and postponement of scheduled contracts have somewhat impacted the defense industry. Hence, the research and development related activities to rockets and missiles been delayed, due to which the testing of some missile defense technology has been delayed. Moreover, with the slowdown of the supply chain of rockets and missiles due to COVID-19, many companies are expected to face slack in production. Thus, impacting the market growth.
Rockets and missiles Market Dynamics
Driver: Increasing need for defense programs to defend nations against various threats
The performance of US weapon systems is unmatched, ensuring that the US defense forces have a tactical combat advantage over any adversary in any weather condition. The Fiscal Year (FY) 2020 acquisition (Procurement and Research, Development, Test, and Evaluation (RDT&E)) funding requested by the US Department of Defense (DoD) totals USD 247.3 billion, which includes funding in the Base budget and the Overseas Contingency Operations (OCO) fund, totaling USD 143.1 billion for Procurement and USD 104.3 billion for RDT&E. The funding in the budget request represents a balanced portfolio approach to implement the military force objective established by the National Defense Strategy. Of the USD 247.3 billion in the request, USD 83.9 billion finances Major Defense Acquisition Programs (MDAPs), which are acquisition programs that exceed a cost threshold established by the Under Secretary of Defense for Acquisition and Sustainment.
According to the Missile Defense Agency, there has been an increase of over 1,200 additional ballistic missiles over the last 5 years. The total of ballistic missiles outside the US, the North Atlantic Treaty Organization, Russia, and China has risen to over 5,900. Hundreds of launchers and missiles are currently within the range of US deployed forces.
Hence, the increasing need for defense programs by nations to defend against various threats is driving the rockets and missiles market.
Restraints: Stringent regulations related to arms transfer
There are federal and legislative rules and regulations that the state-owned defense organizations must comply with, such as import-export control regimes, exchange controls, the Foreign Corrupt Practices Act, and the Export Administration Act. In many countries, manufacturers of munition are prohibited from exporting their products, thereby decreasing their chances of serving international customers. This hinders the manufacturers of munitions from accessing international markets.
The problem of transfer of technologies and weapons aggravated with terrorist organizations gaining access to various advanced weaponry, such as anti-tank guided weapons and advanced land mines. This has resulted in strict control over the transfer of technologies and weapons to other countries. This factor act as a restraint for the growth of the rockets and missiles market.
Opportunities: Development of new-generation air and missile defense systems
The development of new-generation missiles with high-end technologies is a major threat to strategic locations and platforms such as military airbases and ships. Some of these new developments include nuclear-capable ballistic missiles and high-speed cruise missiles. Various countries are developing such advanced weapons capable of defeating high-end air defense systems such as the medium extended air defense system (MEADS), the Patriot Advanced Capability-3 (PAC-3), and the S-400. Countries such as India, China, and Russia have developed hypersonic missiles that are difficult to intercept for missile shields. India and Russia have jointly developed the BrahMos missile, which is difficult to intercept by older missile defense shields. These developments have led to the requirement for new-generation high-speed air defense electronic warfare systems. Governments worldwide are focusing on the development of stealth aircraft, but, at the same time, they are also investing heavily in advanced surveillance systems to counter stealth technology.
The continuous development of new generation precision-guided air and missile defense systems is expected to fuel the demand for various technologies related to rockets and missiles. Some of these technologies are GPS, INS, laser, radar, etc.
Challenges: Issues related to integration of larger rockets and missiles
The integration of smaller precision-guided munitions involves a simpler process as compared to the larger ones. For instance, the integration of a missile occurs at three levels; first on the missile itself; second with the platform from which it is being fired; and third with the existing command and control network. The integration of various electronic equipment, sensors, warheads, kill vehicles, propulsion systems, and other subsystems is very complex. The difficulty increases in the case of Multiple Independent Re-entry Vehicle (MIRV) ballistic missiles that have multiple warheads designated for multiple targets. Furthermore, if the missile is to be loaded with a nuclear warhead, the integration process is very complex and requires skilled engineers to perform the task.
Integrating a missile with a launching platform offers advantages, such as compatibility with a broader range of platform carriage, unrestricted carriage envelope, safe and accurate store separation, and enhanced survivability for the platform. Assessment is required to check for launch platform compatibility, constraints, firepower, survivability, missile carriage, and launch compatibility.
The integration of a missile with the command, control, battle management, and communications systems is also a complicated task. It requires integrating individual sensors and weapons into the overall system by conducting simulations and launch platform integration. These integration issues can act as a challenge for the growth of this market.
The missile segment is projected to grow at the highest CAGR rate for the ROCKETS AND MISSILES market during the forecast period.
A missile plays an important role in ROCKETS AND MISSILES majorly for land, air, and marine platforms. The missile segment has been further sub-segmented further segmented into cruise missiles and ballistic missiles. The missile segment is projected to reach USD 57.1 billion by 2026. In the Asia Pacific region, this segment is projected to register the highest CAGR of 5.7% during the forecast period.
The hypersonic segment is projected to register the highest CAGR of 6.6% during the forecast period
Based on speed, the ROCKETS AND MISSILES market has been segmented into subsonic, supersonic, and hypersonic. Hypersonic rockets and missiles are equipped with a propulsion system to enable them to attain a speed of Mach 5 or higher, which is five times faster than the speed of sound. Hypersonic precision-guided weapons are difficult to counter due to their high speed. Currently, these weapons are in a development phase and are expected to be operational in the near future.
The solid propulsion segment is projected to grow at the highest CAGR rate for the ROCKETS AND MISSILES market during the forecast period.
Based on propulsion type, the ROCKETS AND MISSILES market has been segmented into Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet. Solid propulsion uses solid propellants to boost missiles and rockets. Solid propellants consist of a homogenous mixture of various composites, which are easier to store and handle. These systems cost less and offer a large amount of thrust to the missiles. High-performance propellants and modified grains enhance the capability of solid propulsion.
By launch mode, the surface-to-surface segment is estimated to account for the largest share (31) of the ROCKETS AND MISSILES market in 2021
Based on launch mode, the ROCKETS AND MISSILES market has been segmented into surface to surface, surface to air, air to air, air to surface, and subsea to surface. Surface to surface rockets and missiles are fired from the ground or the sea. They can be launched from hand-held or vehicle-mounted devices or fixed installations. These missiles used in land warfare operations are designed to hit ground or sea targets. Hence, they are also known as ground-to-ground rockets and missiles.
The North American market is projected to contribute the largest share from 2021 to 2026
North America is projected to be the largest regional share of ROCKETS AND MISSILES market during the forecast period. Major companies such as Northrop Grumman Corporation, Lockheed Martin, Raytheon Technologies, and General Dynamics Corporation are based in the US. These players continuously invest in the R&D of new and advanced technology used in missile defense system.
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Key Market Players
The Rockets and missiles market is dominated by a few globally established players such as Northrop Grumman Corporation (US), Lockheed Martin Corporation (US), BAE Systems (UK), and Thales Group (France).
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|
Report Metric |
Details |
| Estimated Market Size |
USD 58.3 Billion |
| Projected Market Size |
USD 73.8 Billion |
|
Growth Rate |
4.8 % |
|
Market size available for years |
2018–2026 |
|
Base year considered |
2020 |
|
Forecast period |
2021-2026 |
|
Forecast units |
Value (USD Million) |
|
Segments covered |
By Speed, By Product, By Propulsion Type, By Guidance Mechanism, By Launch Platform and By Region |
|
Geographies covered |
North America, Europe, Asia Pacific, and Rest of the World |
|
Companies covered |
Northrop Grumman Corporation (US), Lockheed Martin Corporation (US), BAE Systems (UK), and Thales Group (France) |
The study categorizes the Rockets and Missiles market based on technology, speed, product, mode of operation, launch platforms and region
|
SEGMENT |
INCLUSIONs |
|
Subsonic |
|
Cruise Missiles |
|
Solid |
|
Guided |
|
Surface to Surface |
Recent Developments
- In 2021 The US Army Contracting Command announced a contract with Lockheed Martin Missile and Fire Control segment to procure long-range Precision Strike Missile (PrSM) systems.
- In 2020, The Huntsville operation of The Boeing Company was awarded a contract modification in support of the only operationally deployed missile defense capable of shielding the entire US against long-range ballistic missile attacks.
- In 2019, BAE Systems has been awarded a contract to deliver additional Advanced Precision Kill Weapon System (APKWS) laser-guided rockets to the US Navy.
Frequently Asked Questions (FAQ):
What are your views on the growth prospect of the Rockets and missiles market?
The Rockets and missiles market is expected to grow substantially owing to the technological development in designing of the technological advancements in the sector.
What are the key sustainability strategies adopted by leading players operating Rockets and missiles market?
Key players have adopted various organic and inorganic strategies to strengthen their position in the Rockets and missiles market. The major players Northrop Grumman Corporation (US), Lockheed Martin Corporation (US), BAE Systems (UK), and Thales Group (France). These players have adopted various strategies, such as new product development and agreements, to expand their global presence in the market further.
What are the new emerging technologies and use cases disrupting rockets and missiles system?
Some of the major emerging technologies and use cases disrupting the market include hypersonic missiles, long range rockets and missiles and development of weapon system for space domain.
Who are the key players and innovators in the ecosystem of the aircraft Rockets and missiles market?
The key players in the Rockets and missiles market include Northrop Grumman Corporation (US), Lockheed Martin Corporation (US), BAE Systems (UK), and Thales Group (France).
Which region is expected to hold the highest market share in the Rockets and missiles market?
Rockets and missiles in Asia Pacific is projected to hold the highest market share during the forecast period. The key factor responsible for Asia Pacific Rockets and missiles growth, owing to the rise in defense expenditure and demand for technologically advancement in the sector. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 24)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 ROCKETS AND MISSILES MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 INCLUSIONS AND EXCLUSIONS
TABLE 1 ROCKETS AND MISSILES MARKET: INCLUSIONS AND EXCLUSIONS
1.5 CURRENCY & PRICING
1.6 LIMITATIONS
1.7 MARKET STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.8.1 ROCKETS AND MISSILES MARKET
2 RESEARCH METHODOLOGY (Page No. - 29)
2.1 RESEARCH DATA
FIGURE 2 RESEARCH FLOW
FIGURE 3 ROCKETS AND MISSILES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primaries
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION & REGION
2.1.2.2 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 MARKET DEFINITION & SCOPE
2.2.2 EXCLUSIONS
2.3 RESEARCH APPROACH & METHODOLOGY
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Evaluation of rockets and missiles market
2.3.1.2 Market, by propulsion type
2.3.1.3 Market, by speed
2.3.1.4 Market, by product
2.3.1.5 Market, by guidance mechanism
2.3.1.6 Rockets and missiles market, by launch mode
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4.1 TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH
2.5 ASSUMPTIONS FOR RESEARCH STUDY
2.6 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 38)
FIGURE 8 MISSILES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
FIGURE 9 MEDIUM RANGE BALLISTIC MISSILES TO HOLD LARGEST SHARE DURING FORECAST PERIOD
FIGURE 10 SURFACE TO SURFACE SEGMENT TO DOMINATE DURING FORECAST PERIOD
FIGURE 11 ROCKETS AND MISSILES MARKET IN ASIA PACIFIC TO WITNESS FASTEST GROWTH
4 PREMIUM INSIGHTS (Page No. - 41)
4.1 ATTRACTIVE OPPORTUNITIES IN ROCKETS AND MISSILES MARKET
FIGURE 12 RISE IN GLOBAL DEFENSE EXPENDITURE TO DEVELOP SUPERSONIC AND HYPERSONIC MISSILES FUELS MARKET GROWTH
4.2 ROCKETS AND MISSILES MARKET, BY PROPULSION TYPE
FIGURE 13 SOLID SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.3 ROCKET AND MISSILE MARKET, BY PRODUCT
FIGURE 14 MISSILES SEGMENT PROJECTED TO COMMAND LARGEST SHARE FROM 2017 TO 2026
4.4 ROCKETS AND MISSILES MARKET, BY LAUNCH MODE
FIGURE 15 SURFACE TO SURFACE SEGMENT PROJECTED TO LEAD MARKET FROM 2017 TO 2026
4.5 ROCKET AND MISSILE MARKET, BY COUNTRY
FIGURE 16 ROCKETS AND MISSILES MARKET IN RUSSIA AND INDIA TO HAVE HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 44)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 ROCKETS AND MISSILES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Defense programs to secure nations against various threats
TABLE 2 US ROCKETS AND MISSILES PROCUREMENT, 2018-2021
5.2.1.2 Increasing defense expenditure of emerging economies
FIGURE 18 MILITARY BUDGET OF EMERGING NATIONS, 2005-2020 (USD BILLION)
5.2.1.3 Heavy investments in indigenous missile defense systems
5.2.1.4 Increasing need for missile detection systems
5.2.1.5 Changing nature of warfare
5.2.2 RESTRAINTS
5.2.2.1 Stringent regulations for arms transfer
5.2.2.2 High complexity and requirement of periodic maintenance of rockets and missiles
5.2.2.3 High development cost of missile systems
5.2.3 OPPORTUNITIES
5.2.3.1 Miniaturization of missiles and their components
5.2.3.2 Rising adoption of AI in military operations
5.2.3.2.1 AI in missile defense testing and operations
5.2.3.3 Development of new-generation air and missile defense systems
5.2.3.4 Development of hybrid rockets and missiles
5.2.4 CHALLENGES
5.2.4.1 Integration issues of larger rockets and missiles
5.3 COVID-19 IMPACT ON ROCKETS AND MISSILES MARKET
FIGURE 19 COVID-19 IMPACT ON ROCKET AND MISSILE MARKET
5.4 RANGES AND SCENARIOS
FIGURE 20 COVID-19 IMPACT ON ROCKETS AND MISSILES MARKET: 3 GLOBAL SCENARIOS
5.5 VALUE CHAIN ANALYSIS OF ROCKET AND MISSILE MARKET
FIGURE 21 VALUE CHAIN ANALYSIS
5.6 TRENDS/DISRUPTION IMPACTING CUSTOMER BUSINESS
5.6.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR ROCKETS AND MISSILES MANUFACTURERS
FIGURE 22 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS
5.7 ROCKETS AND MISSILES MARKET ECOSYSTEM
5.7.1 PROMINENT COMPANIES
5.7.2 PRIVATE AND SMALL ENTERPRISES
5.7.3 ECOSYSTEM
FIGURE 23 ROCKET AND MISSILE MARKET ECOSYSTEM MAP
FIGURE 24 ROCKETS AND MISSILES: MARKET ECOSYSTEM
TABLE 3 ROCKET AND MISSILE MARKET ECOSYSTEM
5.7.4 DEMAND-SIDE IMPACTS
5.7.4.1 Key developments from January 2020 to November 2020
TABLE 4 KEY DEVELOPMENTS IN ROCKETS AND MISSILES MARKET, JANUARY 2020 TO DECEMBER 2020
5.7.5 SUPPLY-SIDE IMPACT
5.7.5.1 Key developments from January 2021 to December 2021
TABLE 5 KEY DEVELOPMENTS IN ROCKET AND MISSILE MARKET, JANUARY 20221 TO DECEMBER 2021
5.8 PRICING ANALYSIS
TABLE 6 AVERAGE SELLING PRICE ANALYSIS OF ROCKETS AND MISSILES IN 2020
5.9 PORTER’S FIVE FORCES ANALYSIS
TABLE 7 ROCKETS AND MISSILES: PORTER’S FIVE FORCE ANALYSIS
FIGURE 25 ROCKETS AND MISSILES MARKET: PORTER’S FIVE FORCES ANALYSIS
5.9.1 THREAT OF NEW ENTRANTS
5.9.2 THREAT OF SUBSTITUTES
5.9.3 BARGAINING POWER OF SUPPLIERS
5.9.4 BARGAINING POWER OF BUYERS
5.9.5 INTENSITY OF COMPETITIVE RIVALRY
5.10 REGULATORY LANDSCAPE
5.10.1 NORTH AMERICA
5.10.2 EUROPE
5.10.3 ASIA PACIFIC
6 INDUSTRY TRENDS (Page No. - 63)
6.1 INTRODUCTION
6.2 TECHNOLOGY ANALYSIS
6.2.1 NEXT GENERATION INTERCEPTOR (NGI) PROGRAM
6.2.2 HYPERSONIC DEFENSE SYSTEMS
6.2.3 DEVELOPMENT OF DEFENSE TECHNOLOGY
6.2.4 ANTI-SATELLITE MISSILES & WEAPONS
6.2.5 SMART E-BOMBS & HYPERSONIC MUNITION
6.2.6 ADVANCED TACTICAL DATA LINKS
6.2.7 NEXT-GENERATION TARGET LOCKING TECHNOLOGY
6.2.8 INFRARED TECHNOLOGY
6.2.9 FIBER-OPTIC GUIDANCE SYSTEMS
6.2.10 NETWORK-ENABLED WEAPONS
6.2.11 HYBRID GUIDANCE SYSTEMS
6.2.12 SEMI-ACTIVE LASER (SAL) GUIDANCE SYSTEMS
6.2.13 AUTOMATIC TARGET RECOGNITION (ATR)
6.3 USE CASE ANALYSIS
6.3.1 USE CASE: MISSILE
6.4 IMPACT OF MEGATRENDS
6.4.1 NEXT-GENERATION MISSILE SEEKERS
6.4.2 ACTIVE PHASED ARRAY RADAR (APAR)
6.5 INNOVATIONS AND PATENT REGISTRATIONS
TABLE 8 PATENT ANALYSIS
7 ROCKETS AND MISSILES MARKET, BY PRODUCT (Page No. - 71)
7.1 INTRODUCTION
FIGURE 26 MISSILES SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 9 ROCKETS AND MISSILES MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 10 ROCKET AND MISSILE MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
7.2 MISSILES
TABLE 11 MISSILES MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 12 MISSILES MARKET, BY TYPE, 2021–2026 (USD MILLION)
7.2.1 CRUISE MISSILES
TABLE 13 CRUISE MISSILES MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 14 CRUISE MISSILES MARKET, BY TYPE, 2021–2026 (USD MILLION)
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 MISSILES
TABLE 15 BALLISTIC MISSILES MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 16 BALLISTIC MISSILES MARKET, BY TYPE, 2021–2026 (USD MILLION)
7.2.2.1 Short range ballistic missiles (SRBM)
TABLE 17 SHORT RANGE BALLISTIC MISSILES (SRBM)
7.2.2.2 Medium range ballistic missiles (MRBM)
TABLE 18 MEDIUM RANGE BALLISTIC MISSILES (MRBM)
7.2.2.3 Intermediate range ballistic missiles (IRBM)
TABLE 19 INTERMEDIATE RANGE BALLISTIC MISSILES (IRBM)
7.2.2.4 Intercontinental ballistic missiles (ICBM)
TABLE 20 INTERCONTINENTAL BALLISTIC MISSILES (ICBM)
7.3 ROCKETS
7.3.1 INCREASING EFFECTIVENESS OF OVERALL COMBAT PLATFORM DRIVES MARKET
7.3.2 ARTILLERY ROCKETS
7.3.2.1 Shoulder-fired rockets
TABLE 21 ROCKETS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 22 ROCKETS MARKET, BY TYPE, 2021–2026 (USD MILLION)
7.3.3 MULTIPLE LAUNCH ROCKET SYSTEMS (MLRS)
7.4 TORPEDOES
7.4.1 MODERN AND ADVANCED SUBMARINE TORPEDOES INFLUENCE MARKET DEMAND
8 ROCKETS AND MISSILES MARKET, BY SPEED (Page No. - 79)
8.1 INTRODUCTION
FIGURE 27 SUBSONIC SEGMENT TO HOLD DOMINANT POSITION DURING FORECAST PERIOD
TABLE 23 ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 24 ROCKET AND MISSILE MARKET, BY SPEED, 2021–2026 (USD MILLION)
8.2 SUBSONIC
8.2.1 SUBSONIC SPEED MUNITIONS PLAY KEY ROLE IN MODERN WARFARE
8.3 SUPERSONIC
8.3.1 INCREASED DEMAND AND INTEGRATION FOR SUPERSONIC MUNITIONS DUE TO HIGH CAPABILITIES
8.4 HYPERSONIC
8.4.1 HIGHLY ADVANCED HYPERSONIC WEAPONS IS EXPECTED TO BOOST THE MARKET
TABLE 25 HYPERSONIC MISSILES, BY COUNTRY
9 ROCKETS AND MISSILES MARKET, BY PROPULSION TYPE (Page No. - 83)
9.1 INTRODUCTION
FIGURE 28 SCRAMJET SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD (2021–2026)
TABLE 26 ROCKET AND MISSILE MARKET, BY PROPULSION TYPE, 2017–2020 (USD MILLION)
TABLE 27 ROCKET AND MISSILE MARKET, BY PROPULSION TYPE, 2021–2026 (USD MILLION)
9.2 SOLID PROPULSION
9.2.1 LOWER OPERATIONAL COST AND HIGH THRUST DRIVES DEMAND FOR SOLID PROPULSION
9.3 LIQUID PROPULSION
9.3.1 PRITHVI, SCUD, RSM – WIDLEY PROCURED MISSILES THAT USE LIQUID PROPULSION
9.4 HYBRID PROPULSION
9.4.1 SAFER ATTRIBUTES OF HYBRID PROPULSION DISRUPT MARKET TRENDS
9.5 RAMJET
9.5.1 REQUIREMENT OF HIGH SPEED FOR ROCKETS AND MISSILES INCREASES DEMAND FOR RAMJET ENGINES
9.6 TURBOJET
9.6.1 SUPERSONIC SPEED OF AIRCRAFT AND MISSILES LEADS TO MORE DEMAND FOR TURBOJET ENGINES
9.7 SCRAMJET
9.7.1 SRAMJET TO PROVIDE AND MAINTAIN SUPERSONIC AND HYPERSONIC SPEED THROUGHOUT THE CRUISE PHASE
10 ROCKETS AND MISSILES MARKET, BY LAUNCH MODE (Page No. - 88)
10.1 INTRODUCTION
FIGURE 29 SURFACE TO SURFACE SEGMENT TO HOLD DOMINANT SHARE DURING FORECAST PERIOD
TABLE 28 ROCKETS AND MISSILES MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 29 ROCKET AND MISSILE MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
10.2 SURFACE TO SURFACE
10.2.1 VERSATILITY IN LAUNCHING DRIVES SURFACE TO SURFACE SEGMENT
10.3 SURFACE TO AIR
10.3.1 MAJORITY OF ANTI-AIRCRAFT SYSTEMS FOR ANTI-AIR WARFARE OPERATIONS INCREASES DEMAND FOR SURFACE TO AIR ROCKETS AND MISSILES
TABLE 30 SURFACE TO AIR MISSILES, BY COUNTRY
10.4 AIR TO AIR
10.4.1 DOMINANCE IN DOGFIGHT AND AERIAL COMBAT FUELS DEMAND FOR AIR TO AIR ROCKETS AND MISSILES
TABLE 31 AIR TO AIR MISSILES, BY KEY COUNTRY
10.5 AIR TO SURFACE
10.5.1 AIR TO SURFACE ROCKET AND MISSILE MARKET DRIVEN BY NEED FOR OVERALL DOMINANCE OF SPACE
TABLE 32 AIR TO SURFACE, BY KEY COUNTRY
10.6 SUBSEA TO SURFACE
10.6.1 FORTIFICATION EFFORTS AT PORTS FOR BETTER SECURITY BOOST SUBSEA TO SURFACE ROCKET AND MISSILE DEMAND
TABLE 33 SURFACE TO SURFACE MISSILES, BY KEY COUNTRY
11 ROCKETS AND MISSILES MARKET, BY GUIDANCE MECHANISM (Page No. - 97)
11.1 INTRODUCTION
FIGURE 30 GUIDED SEGMENT PROJECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 34 ROCKETS AND MISSILES MARKET, BY GUIDANCE MECHANISM, 2017–2020 (USD MILLION)
TABLE 35 ROCKET AND MISSILE MARKET, BY GUIDANCE MECHANISM, 2021–2026 (USD MILLION)
11.2 GUIDED
11.2.1 DEVELOPMENT OF LONG-RANGE GUIDED MISSILES AND ROCKETS TO LEAD MARKET
11.3 UNGUIDED
11.3.1 MODERNIZATION AND TECHNOLOGICAL ADVANCEMENTS IN UNGUIDED ROCKETS TO BOOST DEMAND
12 REGIONAL ANALYSIS (Page No. - 100)
12.1 INTRODUCTION
FIGURE 31 ROCKETS AND MISSILES MARKET GROWTH: REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS, 2018 TO 2026
FIGURE 32 NORTH AMERICA TO LEAD ROCKET AND MISSILE MARKET IN 2021
TABLE 36 ROCKET AND MISSILE MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 37 ROCKET AND MISSILE MARKET, BY REGION, 2021–2026 (USD MILLION)
12.2 NORTH AMERICA
12.2.1 COVID-19 IMPACT ON NORTH AMERICA
12.2.2 PESTLE ANALYSIS: NORTH AMERICA
FIGURE 33 SNAPSHOT: ROCKETS AND MISSILES MARKET IN NORTH AMERICA
TABLE 38 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 39 NORTH AMERICA: MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 40 NORTH AMERICA: MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 41 NORTH AMERICA: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 42 NORTH AMERICA: MARKET, BY PROPULSION TYPE, 2017–2020 (USD MILLION)
TABLE 43 NORTH AMERICA: MARKET, BY PROPULSION TYPE, 2021–2026 (USD MILLION)
TABLE 44 NORTH AMERICA: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 45 NORTH AMERICA: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 46 NORTH AMERICA: ROCKETS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 47 NORTH AMERICA: ROCKETS MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 48 NORTH AMERICA: MISSILES MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 49 NORTH AMERICA: MISSILES MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 50 NORTH AMERICA: MARKET, BY GUIDANCE MECHANISM, 2017–2020 (USD MILLION)
TABLE 51 NORTH AMERICA: MARKET, BY GUIDANCE MECHANISM, 2021–2026 (USD MILLION)
TABLE 52 NORTH AMERICA: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 53 NORTH AMERICA: ROCKET AND MISSILE MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.2.3 US
12.2.3.1 US market driven by increase in militants and rise in Taliban power in Afghanistan
TABLE 54 US: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 55 US: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 56 US: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 57 US: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
TABLE 58 US: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 59 US: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
12.2.4 CANADA
12.2.4.1 Government support drives rockets and missiles market in Canada
TABLE 60 CANADA: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 61 CANADA: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 62 CANADA: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 63 CANADA: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
TABLE 64 CANADA: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 65 CANADA: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
12.3 ASIA PACIFIC
12.3.1 COVID-19 IMPACT ON ASIA PACIFIC
12.3.2 PESTLE ANALYSIS: ASIA PACIFIC
FIGURE 34 SNAPSHOT: ROCKETS AND MISSILES MARKET IN ASIA PACIFIC
TABLE 66 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 67 ASIA PACIFIC: MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 68 ASIA PACIFIC: MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 69 ASIA PACIFIC: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 70 ASIA PACIFIC: MARKET, BY PROPULSION, 2017–2020 (USD MILLION)
TABLE 71 ASIA PACIFIC: MARKET, BY PROPULSION TYPE, 2021–2026 (USD MILLION)
TABLE 72 ASIA PACIFIC: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 73 ASIA PACIFIC: ROCKET AND MISSILE MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 74 ASIA PACIFIC: ROCKETS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 75 ASIA PACIFIC: ROCKETS MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 76 ASIA PACIFIC: MISSILES MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 77 ASIA PACIFIC: MISSILES MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 78 ASIA PACIFIC: MARKET, BY GUIDANCE MECHANISM, 2017–2020 (USD MILLION)
TABLE 79 ASIA PACIFIC: MARKET, BY GUIDANCE MECHANISM, 2021–2026 (USD MILLION)
TABLE 80 ASIA PACIFIC: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 81 ASIA PACIFIC: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.3.3 CHINA
12.3.3.1 Instability across China borders and neighboring countries drives demand
TABLE 82 CHINA: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 83 CHINA: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 84 CHINA: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 85 CHINA: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 86 CHINA: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 87 CHINA: ROCKET AND MISSILE MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.3.4 INDIA
12.3.4.1 Ongoing military modernization and ‘Self-reliant India’ campaign to fuel market growth
TABLE 88 INDIA: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 89 INDIA: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 90 INDIA: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 91 INDIA: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 92 INDIA: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 93 INDIA: ROCKET AND MISSILE MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.3.5 JAPAN
12.3.5.1 Development of new rockets and missiles and procurement of radars influence Japanese market
TABLE 94 JAPAN: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 95 JAPAN: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 96 JAPAN: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 97 JAPAN: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 98 JAPAN: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 99 JAPAN: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.3.6 SOUTH KOREA
12.3.6.1 South Korea focuses on rockets and missiles to improve defense capabilities
TABLE 100 SOUTH KOREA: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 101 SOUTH KOREA: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 102 SOUTH KOREA: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 103 SOUTH KOREA: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 104 SOUTH KOREA: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 105 SOUTH KOREA: ROCKET AND MISSILE MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.3.7 AUSTRALIA
12.3.7.1 Government keen on developing a sovereign guided weapon manufacturing for self-reliance
TABLE 106 AUSTRALIA: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 107 AUSTRALIA: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 108 AUSTRALIA: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 109 AUSTRALIA: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 110 AUSTRALIA: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 111 AUSTRALIA: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.3.8 REST OF ASIA PACIFIC
12.3.8.1 Instability propels demand for rockets and missiles in Rest of Asia Pacific
TABLE 112 REST OF ASIA PACIFIC: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 113 REST OF ASIA PACIFIC: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 114 REST OF ASIA PACIFIC: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 115 REST OF ASIA PACIFIC: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 116 REST OF ASIA PACIFIC: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 117 REST OF ASIA PACIFIC: ROCKET AND MISSILE MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.4 EUROPE
12.4.1 COVID-19 IMPACT ON EUROPE
12.4.2 PESTLE ANALYSIS: EUROPE
FIGURE 35 SNAPSHOT: ROCKETS AND MISSILES MARKET IN EUROPE
TABLE 118 EUROPE: MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 119 EUROPE: MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 120 EUROPE: MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 121 EUROPE: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 122 EUROPE: MARKET, BY PROPULSION TYPE, 2017–2020 (USD MILLION)
TABLE 123 EUROPE: MARKET, BY PROPULSION TYPE, 2021–2026 (USD MILLION)
TABLE 124 EUROPE: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 125 EUROPE: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 126 EUROPE: ROCKETS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 127 EUROPE: ROCKETS MARKET, BY TYPE , 2021–2026 (USD MILLION)
TABLE 128 EUROPE: MISSILES MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 129 EUROPE: MISSILES MARKET, BY TYPE , 2021–2026 (USD MILLION)
TABLE 130 EUROPE: MARKET, BY GUIDANCE MECHANISM, 2017–2020 (USD MILLION)
TABLE 131 EUROPE: MARKET, BY GUIDANCE MECHANISM, 2021–2026 (USD MILLION)
TABLE 132 EUROPE: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 133 EUROPE: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.4.3 UK
12.4.3.1 Modernization programs of weapons strengthen UK market position
TABLE 134 UK: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 135 UK: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 136 UK: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 137 UK: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 138 UK: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 139 UK: ROCKET AND MISSILE MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.4.4 FRANCE
12.4.4.1 Internal security enhancement to be driving force for French market
TABLE 140 FRANCE: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 141 FRANCE: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 142 FRANCE: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 143 FRANCE: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 144 FRANCE: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 145 FRANCE: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.4.5 GERMANY
12.4.5.1 Defense interests drive market in Germany
TABLE 146 GERMANY: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 147 GERMANY: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 148 GERMANY: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 149 GERMANY: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 150 GERMANY: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 151 GERMANY: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.4.6 ITALY
12.4.6.1 Redeveloping defense systems to fuel Italian market
TABLE 152 ITALY: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 153 ITALY: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 154 ITALY: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 155 ITALY: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 156 ITALY: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 157 ITALY: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.4.7 RUSSIA
12.4.7.1 Russian market driven by development in defense industry to meet international demand
TABLE 158 RUSSIA: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 159 RUSSIA: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 160 RUSSIA: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 161 RUSSIA: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 162 RUSSIA: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 163 GERMANY: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.4.8 REST OF EUROPE
12.4.8.1 Rising insecurity due to post-Brexit scenarios pushes demand in Rest of Europe
TABLE 164 REST OF EUROPE: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 165 REST OF EUROPE: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 166 REST OF EUROPE: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 167 REST OF EUROPE: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 168 REST OF EUROPE : MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 169 REST OF EUROPE: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.5 REST OF THE WORLD
12.5.1 COVID-19 IMPACT ON REST OF THE WORLD
12.5.2 PESTLE ANALYSIS: REST OF THE WORLD
TABLE 170 REST OF THE WORLD: ROCKETS AND MISSILES MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 171 REST OF THE WORLD: MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 172 REST OF THE WORLD: MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 173 REST OF THE WORLD: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 174 REST OF THE WORLD: MARKET, BY PROPULSION TYPE, 2017–2020 (USD MILLION)
TABLE 175 REST OF THE WORLD: MARKET, BY PROPULSION TYPE, 2021–2026 (USD MILLION)
TABLE 176 REST OF THE WORLD: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 177 REST OF THE WORLD: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 178 REST OF THE WORLD: ROCKETS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 179 REST OF THE WORLD: ROCKETS MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 180 REST OF THE WORLD: MISSILES MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 181 REST OF THE WORLD: MISSILES MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 182 REST OF THE WORLD: MARKET, BY GUIDANCE MECHANISM, 2017–2020 (USD MILLION)
TABLE 183 REST OF THE WORLD: MARKET, BY GUIDANCE MECHANISM, 2021–2026 (USD MILLION)
TABLE 184 REST OF THE WORLD: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 185 REST OF THE WORLD: ROCKET AND MISSILE MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.5.3 LATIN AMERICA
12.5.3.1 Focus on strengthening combat capabilities boosts market in Latin America
TABLE 186 LATIN AMERICA: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 187 LATIN AMERICA: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 188 LATIN AMERICA: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 189 LATIN AMERICA: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 190 LATIN AMERICA: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 191 LATIN AMERICA: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
12.5.4 MIDDLE EAST & AFRICA
12.5.4.1 Focus on securing borders and improving military capabilities contributes to market growth in Middle East & Africa
TABLE 192 MIDDLE EAST & AFRICA: ROCKETS AND MISSILES MARKET, BY SPEED, 2017–2020 (USD MILLION)
TABLE 193 MIDDLE EAST & AFRICA: MARKET, BY SPEED, 2021–2026 (USD MILLION)
TABLE 194 MIDDLE EAST & AFRICA: MARKET, BY PRODUCT, 2017–2020 (USD MILLION)
TABLE 195 MIDDLE EAST & AFRICA: MARKET, BY PRODUCT, 2021–2026 (USD MILLION)
TABLE 196 MIDDLE EAST & AFRICA: MARKET, BY LAUNCH MODE, 2017–2020 (USD MILLION)
TABLE 197 MIDDLE EAST & AFRICA: MARKET, BY LAUNCH MODE, 2021–2026 (USD MILLION)
13 COMPETITIVE LANDSCAPE (Page No. - 164)
13.1 INTRODUCTION
TABLE 198 KEY DEVELOPMENTS IN ROCKETS AND MISSILES MARKET BETWEEN 2018 AND 2021
13.2 MARKET SHARE ANALYSIS OF LEADING PLAYERS, 2020
TABLE 199 DEGREE OF COMPETITION
FIGURE 36 SHARE OF TOP 5 PLAYERS IN ROCKETS AND MISSILES MARKET
FIGURE 37 COLLECTIVE REVENUE SHARE OF TOP PLAYERS
13.3 MARKET SHARE ANALYSIS, 2020
TABLE 200 REVENUE GENERATED BY MAJOR PLAYERS IN ROCKETS AND MISSILES MARKET
TABLE 201 COMPANY REGION FOOTPRINT
TABLE 202 COMPANY PRODUCT FOOTPRINT
TABLE 203 COMPANY APPLICATION FOOTPRINT
13.4 COMPETITIVE EVALUATION QUADRANT
13.4.1 STAR
13.4.2 PERVASIVE
13.4.3 EMERGING LEADERS
13.4.4 PARTICIPANTS
FIGURE 38 ROCKETS AND MISSILES MARKET: COMPETITIVE LEADERSHIP MAPPING, 2021
13.5 COMPETITIVE SCENARIO
13.5.1 NEW PRODUCT LAUNCHES
TABLE 204 NEW PRODUCT LAUNCHES, JANUARY 2018–OCTOBER 2021
13.5.2 DEALS
TABLE 205 DEALS, JANUARY 2018– OCTOBER 2021
14 COMPANY PROFILES (Page No. - 176)
(Business overview, Products/solution/services offered, Recent developments & MnM View)*
14.1 NORTHROP GRUMMAN CORPORATION
TABLE 206 NORTHROP GRUMMAN CORPORATION: BUSINESS OVERVIEW
FIGURE 39 NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT
TABLE 207 NORTHROP GRUMMAN CORPORATION: DEALS
14.2 LOCKHEED MARTIN CORPORATION
TABLE 208 LOCKHEED MARTIN CORPORATION: BUSINESS OVERVIEW
FIGURE 40 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
TABLE 209 LOCKHEED MARTIN CORPORATION: DEALS
14.3 RAYTHEON TECHNOLOGIES CORPORATION
TABLE 210 RAYTHEON TECHNOLOGIES CORPORATION: BUSINESS OVERVIEW
FIGURE 41 RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
TABLE 211 RAYTHEON TECHNOLOGIES CORPORATION: DEALS
14.4 THE BOEING COMPANY
TABLE 212 THE BOEING COMPANY: BUSINESS OVERVIEW
FIGURE 42 THE BOEING COMPANY: COMPANY SNAPSHOT
TABLE 213 THE BOEING COMPANY: PRODUCT LAUNCHES
TABLE 214 THE BOEING COMPANY: DEALS
14.5 GENERAL DYNAMICS CORPORATION
TABLE 215 GENERAL DYNAMICS CORPORATION: BUSINESS OVERVIEW
FIGURE 43 GENERAL DYNAMICS CORPORATION: COMPANY SNAPSHOT
TABLE 216 GENERAL DYNAMICS CORPORATION: DEALS
14.6 BAE SYSTEMS
TABLE 217 BAE SYSTEMS: BUSINESS OVERVIEW
FIGURE 44 BAE SYSTEMS: COMPANY SNAPSHOT
TABLE 218 BAE SYSTEMS: DEALS
14.7 ISRAEL AEROSPACE INDUSTRIES
TABLE 219 ISRAEL AEROSPACE INDUSTRIES: BUSINESS OVERVIEW
FIGURE 45 ISRAEL AEROSPACE INDUSTRIES: COMPANY SNAPSHOT
TABLE 220 ISRAEL AEROSPACE INDUSTRIES: PRODUCT LAUNCHES
TABLE 221 ISRAEL AEROSPACE INDUSTRIES: DEALS
14.8 THALES
TABLE 222 THALES: BUSINESS OVERVIEW
FIGURE 46 THALES: COMPANY SNAPSHOT
TABLE 223 THALES: DEALS
14.9 LIG NEX1 CO. LTD.
TABLE 224 LIG NEX1 CO LTD: BUSINESS OVERVIEW
FIGURE 47 LIG NEX1 CO LTD COMPANY SNAPSHOT
14.10 BHARAT DYNAMICS LIMITED
TABLE 225 BHARAT DYNAMICS LIMITED: BUSINESS OVERVIEW
FIGURE 48 BHARAT DYNAMICS LIMITED COMPANY SNAPSHOT
TABLE 226 BHARAT DYNAMICS LIMITED: DEALS
14.11 MBDA
TABLE 227 MBDA: BUSINESS OVERVIEW
TABLE 228 MBDA: DEALS
14.12 ELBIT SYSTEMS
TABLE 229 ELBIT SYSTEMS: BUSINESS OVERVIEW
FIGURE 49 ELBIT SYSTEMS: COMPANY SNAPSHOT
14.13 KONGSBERG
TABLE 230 KONGSBERG: BUSINESS OVERVIEW
FIGURE 50 KONGSBERG: COMPANY SNAPSHOT
TABLE 231 KONGSBERG: DEALS
14.14 SAAB AB
TABLE 232 SAAB AB: BUSINESS OVERVIEW
FIGURE 51 SAAB AB: COMPANY SNAPSHOT
TABLE 233 SAAB AB: PRODUCT LAUNCHES
TABLE 234 SAAB AB: DEALS
14.15 DIEHL DEFENCE
TABLE 235 DIEHL DEFENCE: BUSINESS OVERVIEW
14.16 RAFAEL ADVANCED DEFENSE SYSTEMS LTD.
TABLE 236 RAFAEL ADVANCED DEFENSE SYSTEMS LTD.: BUSINESS OVERVIEW
TABLE 237 RAFAEL ADVANCED DEFENSE SYSTEMS LTD.: DEALS
14.17 HANWHA DEFENSE
TABLE 238 HANWHA DEFENSE: BUSINESS OVERVIEW
14.18 GENERAL ATOMICS
TABLE 239 GENERAL ATOMICS: BUSINESS OVERVIEW
TABLE 240 GENERAL ATOMICS: DEALS
14.19 KBP INSTRUMENTS DESIGN BUREAU
TABLE 241 KBP INSTRUMENTS DESIGN BUREAU: BUSINESS OVERVIEW
14.20 DENEL DYNAMICS
TABLE 242 DENEL DYNAMICS: BUSINESS OVERVIEW
14.21 ALMAZ-ANTEY
TABLE 243 ALMAZ-ANTEY: BUSINESS OVERVIEW
14.22 ROKETSAN
TABLE 244 ROKETSAN: BUSINESS OVERVIEW
TABLE 245 ROKETSAN: PRODUCT LAUNCHES
TABLE 246 ROKETSAN: DEALS
14.23 SPETSTECHNOEXPORT (STE)
TABLE 247 SPETSTECHNOEXPORT (STE): BUSINESS OVERVIEW
TABLE 248 SPETSTECHNOEXPORT (STE): DEALS
14.24 FRONTIER ELECTRONIC SYSTEMS CORP.
TABLE 249 FRONTIER ELECTRONIC SYSTEMS CORP.: BUSINESS OVERVIEW
14.25 ARIANE GROUP
TABLE 250 ARIANE GROUP: BUSINESS OVERVIEW
*Details on Business overview, Products/solution/services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
15 APPENDIX (Page No. - 239)
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 AVAILABLE CUSTOMIZATION
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
The study involved four major activities in estimating the current size of the Rockets and Missiles market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various sources were referred to for identifying and collecting information for this study. The secondary sources included government sources, such as Worldbank defense expenditure database; department of defense websites, corporate filings such as annual reports, press releases, and investor presentations of companies; white papers, journals, and certified publications; and articles from recognized authors, directories, and databases.
Primary Research
In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors, from business development, marketing, product development/innovation teams, and related key executives from Rockets and Missiles integrators; component providers; distributors; and key opinion leaders.
Primary interviews were conducted to gather insights such as market statistics, data of revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to technology, threat type, range, domain, and region. Stakeholders from the demand side, such as CIOs, CTOs, and CSOs, and installation teams of the customer/end users who are using Rockets and Missiles were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of Rockets and Missiles and future outlook of their business which will affect the overall market.
To know about the assumptions considered for the study, download the pdf brochure
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ROCKETS AND MISSILES OEMS |
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Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the Rockets and Missiles market. These methods were also used extensively to estimate the size of various segments and subsegments of the market. The research methodology used to estimate the market size included the following:
- Key players in the industry and market were identified through extensive secondary research of their product matrix and geographical presence and developments undertaken by them.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Rockets and Missiles Market Size: Bottom-Up Approach
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall size of the Rockets and Missiles market using the market size estimation processes explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from demand as well as supply sides of the Rockets and Missiles market.
Report Objectives
- To define, describe, segment, and forecast the size of the Rockets and Missiles market based on technology, speed, product, mode of operation, launch platforms and region
- To forecast the market size of segments with respect to various regions, including North America, Europe, Asia Pacific, and Rest of the World, along with major countries in each region
- To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the Rockets and Missiles market
- To analyze technological advancements and product launches in the market
- To strategically analyze micromarkets1, with respect to their growth trends, prospects, and their contribution to the market
- To identify financial positions, key products, and key developments of leading companies in the market
- To provide a detailed competitive landscape of the market, along with market share analysis
- To provide a comprehensive analysis of business and corporate strategies adopted by the key players in the market
- To strategically profile key players in the market and comprehensively analyze their core competencies
Available Customizations
MarketsandMarkets offers the following customizations for this market report:
Additional country-level analysis of the Rockets and Missiles Market
Profiling of additional market players (up to 5)
Product Analysis
- Product matrix, which provides a detailed comparison of the product portfolio of each company in the Rockets and Missiles Market
Growth opportunities and latent adjacency in Rockets and Missiles Market