Missile Seekers Market

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 deployment of defence systems by different national defence organizations, reduction in the size of missiles, introduction of new missile seeker technologies like imaging infrared (I2R), etc.

Major Missile Seekers Companies Include:

• BAE Systems (UK)
• Boeing (US)
• Raytheon Technologies (US)
• Thales (France)
• Northrop Grumman Corporation (US)
• Safran Group (France)
• Leonardo S.p.A. (Italy)

The focus of these players is to provide rugged and reliable systems including missile seekers which can be used in various different missiles. Their Research and Development (R&D) activities makes their hold on this market even stronger.

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Leonardo S.p.A. is an Italian company manufacturing airborne, space and defence supplies. The company is partially owned by Italian Government. Leonardo S.p.A. is a leading supplier of technological solutions to aerospace, defense, and security sectors The company manufactures products for space, marine, air and land defence applications. The company has a large supply network through its subsidiaries, joint ventures, and international partnerships with 20 countries including USA, Canada, UK, Germany, Poland, Switzerland, Romania and Australia, across the world.

BAE Systems provides high-performance missile seeker technology for ballistic and missile defense. The company has offices in the UK, the US, Saudi Arabia, and Australia. It is one of the largest global defense companies with more than 85,000 employees worldwide. Its facility in Nashua, New Hampshire (US) has a classified clean-room environment for testing ballistic missile seekers. BAE Systems is also a leading supplier of communication systems, electronic warfare systems, military air support systems, air defense systems, missile support systems, intelligence equipment, and surveillance & reconnaissance systems. Its major markets include Australia, India, and Saudi Arabia.

Raytheon Technologies is one of the major missile seeker manufacturers in US. The company is into Aviation and Defence. They develop products such as Advanced Sensors, Avionics, Air and missile defence systems, command & control systems etc for defence use in sector. Raytheon Missiles & Defense offers the US Navy with advanced missile systems.

Thales is a French Company headquartered in Paris. Thales has its global reach in several countries of Europe, Americas, Asia Pacific, Euroasia, Middle East and Africa regions. It is partially state-owned by the French government, and has operations in more than 56 countries. The company has expertise in manufacturing Aerospace, Defence, Security, Space, Transportation, Cybersecurity, Big Data, IoT, Connectivity, Artificial Intelligence, Digital, Systems, and Software products.

Related Reports:

Missile Seekers Market by Technology (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) - Forecast to 2026

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