The defence sector is expected to rise on the back of growing production of commercial aircraft revenues around the world. Growing travel activities and diminishing crude oil prices have changed military, aerospace, and defence sectors across the globe. Increasing expenditure on military equipment and state-of-art defence gear has been generating immense opportunities for the global players operating in this sector. Moreover, factors such as rising government expenditure on modernizing defense equipment, high alertness and awareness about border security, increasing demand for precision weapons, and elevating procurement of military equipment have contributed towards the growth of the defence market.
October 2023
The global demand for Defense Geospatial Market is presumed to reach the market size of nearly USD 337.85 BN by 2030 from USD 128.9 BN in 2022 with a CAGR of 12.8% under the study period 2023 - 2030.
Defense geospatial refers to the use of geospatial technologies and data within the context of defense and military applications. Geospatial technology involves the collection, analysis, and interpretation of spatial and geographic data, often utilizing geographic information systems (GIS), satellite imagery, aerial photography, and other mapping tools. In the defense sector, geospatial information plays a crucial role in enhancing situational awareness, decision-making, and mission planning.
The Defense geospatial market is experiencing robust growth driven by the imperative for enhanced situational awareness in military operations. Geospatial technologies play a pivotal role in national security, providing geospatial intelligence for geopolitical analysis and strategic planning. Advances in remote sensing technologies, precision navigation, and the integration of geospatial capabilities with unmanned systems contribute to the market's expansion. Geospatial tools are instrumental in crisis response, humanitarian assistance, and border security, providing comprehensive surveillance and monitoring. The rise of urban warfare and asymmetric threats amplifies the importance of geospatial technologies in mapping and navigating complex environments. Geospatial information is integrated into cybersecurity strategies to identify and analyze cyber threats with a geographic component. Ongoing technological innovations, interoperability, and international collaborations further drive the Defense geospatial market, reflecting its critical role in modern defense and security operations.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of defense geospatial. The growth and trends of defense geospatial industry provide a holistic approach to this study.
This section of the defense geospatial market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Technology
By Type
By Application
This section covers the regional outlook, which accentuates current and future demand for the Defense Geospatial market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Defense Geospatial market include Airbus, Trimble Inc., NV5 Global, Inc., Hexagon AB, BlackSky, Esri, MapLarge, Maxar Technologies, Orbital Insights, TerraGo. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
October 2023
The global demand for Small Arms Market is presumed to reach the market size of nearly USD 14.69 BN by 2030 from USD 9.5 BN in 2022 with a CAGR of 5.6% under the study period 2023 - 2030.
Small arms refer to lightweight firearms designed for individual use. These portable firearms are typically intended to be carried and operated by a single person and are commonly used by military, law enforcement, and civilians for personal defense. These are characterized by their relatively compact size, ease of handling, and versatility.
The Small arms market is driven by a multifaceted set of factors encompassing military needs, law enforcement requirements, civilian demand, and geopolitical considerations. Military modernization programs propel the market as armed forces seek advanced weaponry, including rifles and carbines. Counterterrorism efforts globally contribute to the demand for specialized small arms for both military and law enforcement agencies. Law enforcement agencies continually update their arsenal to address evolving security challenges, while civilians seek small arms for self-defense. Recreational activities, such as sport shooting and hunting, drive demand for rifles and shotguns. Geopolitical tensions and regional conflicts influence the market as countries enhance their defense capabilities. Technological advancements, changes in regulations, and the global arms trade further shape the small arms market. The private security industry's growth, rising popularity of sporting events, and ongoing terrorism concerns also contribute to market dynamics. The intricate interplay of these factors underscores the complexity and significance of the small arms market in addressing diverse security needs.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of small arms. The growth and trends of small arms industry provide a holistic approach to this study.
This section of the small arms market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By End User
By Caliber
By Type
By Cutting Type
By Firing System
By Technology
By Mode Of Operation
This section covers the regional outlook, which accentuates current and future demand for the Small Arms market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Small Arms market include Colt's Manufacturing LLC (US), Sig Sauer (US), Steyr Arms (US), Remington Outdoor Company (US), Smith & Wesson (US), Daniel Defense Inc. (US), Sturm, Ruger & Co., Inc. (US), Israel Weapons Industry (IWI) (US), Heckler & Koch Gmbh (Germany), GLOCK GesmbH. (Austria), Kalashnikov Group (Russia), and Eeská Zbrojovka a s. (Czech Republic). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
September 2023
The global demand for Air Defense System Market is presumed to reach the market size of nearly USD 74.2 BN by 2030 from USD 39.5 BN in 2022 with a CAGR of 8.2% under the study period 2023 - 2030.
An air defense system, often referred to as an air defense missile system, is a sophisticated military system designed to detect, track, intercept, and destroy or neutralize aerial threats, such as enemy aircraft, unmanned aerial vehicles (UAVs), missiles, and other airborne threats. It protects a country, military installations, key infrastructure, and ground forces from aerial attacks.
The global air defense system market is driven by a complex interplay of factors that collectively shape its growth and demand. The evolving threat landscape, marked by advanced fighter aircraft, cruise missiles, UAVs, and ballistic missiles, compels nations to invest in sophisticated air defense systems to counter these diverse threats. Geopolitical tensions and regional conflicts further fuel the need for robust air defense capabilities to protect sovereignty and critical assets. Modernization programs are a significant driver as countries seek to upgrade or replace aging systems with advanced counterparts. The proliferation of drones and asymmetric threats has prompted demand for air defense systems with anti-drone capabilities. Technological advancements, including radar technology and sensor fusion, enhance system accuracy and effectiveness. The concept of integrated air and missile defense, involving the integration of air and missile defense capabilities into a unified system, is gaining traction. Strategic alliances, export opportunities, and cybersecurity considerations also impact the market. In this dynamic landscape, budget allocations for defense, legacy system upgrades, and the imperative to protect critical infrastructure and population centers further propel the air defense system market's growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of air defense system. The growth and trends of air defense system industry provide a holistic approach to this study.
This section of the air defense system market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
By System
By Range
By Application
This section covers the regional outlook, which accentuates current and future demand for the Air Defense System market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Air Defense System market include Saab AB, Israel Aerospace Industries Ltd., Lorkheed Martin Corporation, Leonardo S.P.A., GAF Systems PLC, Rheinmetall AG, Thales Group, Kongsberg Gruppen, Raytheon Company, MBDA, Northrop Grumman Corporation, The Boeing Company, Aselsan AS.Hanwha Corporation, General Dynamics, Airbus Defence & Space, Rafael Advanced Defense Systems, L3Harris Technologies, Inc., and Diehl Defence. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
September 2023
The global demand for Air Defense Radar Market is presumed to reach the market size of nearly USD 10.79 BN by 2030 from USD 7.19 BN in 2022 with a CAGR of 5.2% under the study period 2023 - 2030.
Air defense radar, also known as air surveillance radar or air traffic control radar, is a type of radar system specifically designed to detect and track aircraft in the airspace. Its primary function is to provide early warning of approaching aircraft, enabling air defense systems and air traffic control centers to monitor and manage air traffic.
The growth of the air defense radar market is influenced by several key factors. The increasing focus on national security drives the demand for advanced radar systems to detect and respond to potential threats in a country's airspace. Modernization efforts in military infrastructure and the need to address rising geopolitical tensions are pushing nations to upgrade their air defense capabilities. As concerns about terrorism and unauthorized flights rise, radar technology becomes crucial for detecting small and low-flying aircraft. The expanding global air traffic necessitates efficient air traffic control and surveillance systems, contributing to radar market growth. Advancements in radar technology, such as phased array systems and improved signal processing, play a pivotal role in enhancing detection accuracy. Furthermore, integration with command and control systems, compliance with international regulations, and collaborative defense efforts further fuel the demand for air defense radar.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of air defense radar. The growth and trends of air defense radar industry provide a holistic approach to this study.
This section of the air defense radar market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Range
By Product Type
By System Type
By Platform
By Application
This section covers the regional outlook, which accentuates current and future demand for the Air Defense Radar market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Air Defense Radar market include BAE Systems and General Dynamics Corporation, Honeywell International Inc., Israel Aerospace Industries Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, SAAB AB, and Thales Group. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
September 2023
The global demand for Situation Awareness Systems Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of 5.5% under the study period 2023 - 2030.
Situation Awareness Systems (SAS) are technological solutions designed to enhance an individual's or a group's understanding of their environment, particularly in complex and dynamic situations. Its primary goal is to provide real-time and accurate information to enable users to comprehend the current state of affairs, make informed decisions, and take appropriate actions. This is commonly used in various fields, including aviation, military operations, emergency response, healthcare, and industrial settings, where situational awareness is crucial for safety, efficiency, and effectiveness.
The Situation Awareness Systems (SAS) market is propelled by factors rooted in the need for accurate real-time information in complex and dynamic environments. Industries such as aviation, defence, emergency response, and healthcare demand solutions that enhance situational understanding and decision-making. The convergence of digital transformation, IoT integration, and advanced data analytics drives the adoption of SAS. These systems cater to industries requiring safety and risk management, where real-time data availability is crucial. Additionally, it aids in compliance with regulations and improves operational efficiency in transportation, logistics, and public safety. By providing intuitive data visualization and insights, SAS empower users to make informed decisions swiftly be it in military operations, emergency response coordination, patient monitoring, or industrial control. The market's growth is underscored by technology's role in addressing the increasing demand for situational awareness across diverse sectors.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of situation awareness systems. The growth and trends of situation awareness systems industry provide a holistic approach to this study.
This section of the situation awareness systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Platform
By Type
This section covers the regional outlook, which accentuates current and future demand for the Situation Awareness Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Situation Awareness Systems market include Honeywell International Inc., Raytheon Technologies Corporation, BAE Systems PLC, General Dynamics Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Elbit Systems Ltd, Leonardo SpA, Thales Group, Saab AB, The Boeing Company, L3 Harris Technologies Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
August 2023
The global demand for Drone Analytics Market is presumed to reach the market size of nearly USD 15.57 BN by 2030 from USD 2.34 BN in 2022 with a CAGR of 26.7% under the study period 2023 - 2030.
Drone analytics refers to the process of collecting, processing, and interpreting data captured by unmanned aerial vehicles (drones) to gain valuable insights and make informed decisions. Drones equipped with various sensors, cameras, and other data-capturing devices can capture high-resolution images, videos, LiDAR (Light Detection and Ranging) data, thermal imagery, and other types of data. This involves the use of specialized software and algorithms to analyze and derive actionable insights from this data, often in industries such as agriculture, construction, infrastructure inspection, environmental monitoring, and more.
The drone analytics market growth is propelled by a blend of factors that highlight the transformative potential of drone technology and data analysis. This synergy responds to the escalating demand for accurate, efficient, and actionable insights across diverse industries. Key drivers include the imperative for data-driven decision-making, offering real-time and detailed data for informed choices. The market gains traction due to cost efficiency and time savings, as drones reduce expenses associated with manual data collection while accelerating processes. The precision and accessibility of drones enable accurate data capture from remote or hazardous locations, ensuring improved outcomes in mapping, surveying, and infrastructure inspection. Advancements in automation, technology, and regulatory frameworks further bolster market growth. Various sectors benefit from industry-specific applications, such as agriculture, construction, energy, and public safety.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of drone analytics. The growth and trends of drone analytics industry provide a holistic approach to this study.
This section of the drone analytics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Industry
By Application
By Type
By Solution
This section covers the regional outlook, which accentuates current and future demand for the Drone Analytics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Drone Analytics market include AgEagle (US), Skydio (US), Dronedeploy (US), Kespry (US), Insitu (US), Parrot (France), AeroVironment (US). ESRI (US), Dragantly (Canada). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
August 2023
The global demand for Riot Control System Market is presumed to reach the market size of nearly USD 22.03 BN by 2030 from USD 13.11 BN in 2022 with a CAGR of 6.7% under the study period 2023 - 2030.
A Riot control system, also known as a crowd control system or non-lethal weapons system, is a set of tools, equipment, and techniques used by law enforcement agencies, security forces, and military personnel to manage and control large gatherings, protests, and civil disturbances. The primary objective of these systems is to maintain public order, minimize violence, and ensure the safety of law enforcement personnel and civilians while avoiding lethal force.
The riot control system market is propelled by a confluence of factors arising from urbanization, civil unrest, and the evolving landscape of law enforcement. Escalating urban populations and protests necessitate effective crowd control solutions to ensure public order. The surge in civil unrest and demonstrations worldwide drives demand for advanced riot control systems that prioritize de-escalation and minimize violence. Ensuring public safety while safeguarding human rights and civil liberties underscores the need for non-lethal alternatives that reduce casualties and excessive force. Technological advancements, coupled with law enforcement modernization initiatives, enhance the efficacy of riot control operations. The demand for crowd management tools aligns with urban warfare preparedness and the safeguarding of critical infrastructure. Government investments, global events, and the evolving political climate contribute to the market's growth. In this dynamic landscape, the Riot control system market emphasizes responsible and effective crowd management, considering public perception, ethics, and modern law enforcement strategies.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of riot control system. The growth and trends of riot control system industry provide a holistic approach to this study.
This section of the riot control system market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By End User
By Product
By Technology
This section covers the regional outlook, which accentuates current and future demand for the Riot Control System market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Riot Control System market include Taser International Manufacturing Company (U.S.). Combined Systems Inc. (U.S.), and The SAFARILAND Group (U.S.). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
August 2023
The global demand for Defense Electronics Market is presumed to reach the market size of nearly USD 259.05 BN by 2030 from USD 157.71 BN in 2022 with a CAGR of 6.4% under the study period 2023 - 2030.
Defense electronics refers to the specialized field of electronics technology and systems that are developed and used for various military and defense applications. These electronics are designed to provide communication, surveillance, intelligence gathering, navigation, targeting, and other critical capabilities to armed forces and defense organizations.
Technological advancements in electronics, communication, and artificial intelligence drive the development of sophisticated defense systems. Modernization efforts by armed forces, cybersecurity imperatives, and the proliferation of unmanned systems fuel the demand for advanced electronics. Geopolitical tensions, emerging threats, and the need for precision in military operations further contribute to market growth. Satellite communication, C4ISR systems, and multi-domain operations necessitate interconnected and cutting-edge defense electronics solutions. Budget allocations, counter-terrorism needs, and global arms trade also influence the market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of defense electronics. The growth and trends of defense electronics industry provide a holistic approach to this study.
This section of the defense electronics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Vertical
By Platform
This section covers the regional outlook, which accentuates current and future demand for the Defense Electronics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Defense Electronics market include Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Thales Group (France), and BAE Systems plc (UK) and others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
August 2023
The global demand for Military Rotorcraft Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of 6% under the study period 2023 - 2030.
Military rotorcraft, also known as military helicopters or military rotary-wing aircraft, are specialized aircraft designed and used by military forces for various roles, including combat, transport, reconnaissance, search and rescue, medical evacuation, and more. Rotorcraft are characterized by their rotating wings, or rotors, that generate lift and propulsion. They offer unique capabilities compared to fixed-wing aircraft, such as vertical takeoff and landing (VTOL) and hovering.
The military rotorcraft market is driven by a convergence of factors stemming from the crucial roles and capabilities that rotorcraft offer in modern military operations. Rotorcraft provide operational flexibility with their VTOL capabilities, performing missions such as combat, transport, search and rescue, and reconnaissance. They offer close air support and adaptability to diverse missions and are pivotal for disaster relief and humanitarian efforts. Technological advancements, multi-mission capabilities, and their role in modern warfare contribute to their significance. Rotorcraft also address national security needs, bolster naval operations, and enhance rapid mobility and reconnaissance. Geopolitical factors and industry collaborations further shape the market as countries seek to modernize defence capabilities.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of military rotorcraft. The growth and trends of military rotorcraft industry provide a holistic approach to this study.
This section of the military rotorcraft market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
This section covers the regional outlook, which accentuates current and future demand for the Military Rotorcraft market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Military Rotorcraft market include Lockheed Martin Corporation, Boeing Company, Textron Inc., Rostec, and Leonardo SpA, Hindustan Aeronautics Limited (HAL), Korea Aerospace Industries Ltd, and Turkish Aerospace. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
August 2023
The global demand for Cruise Missile Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of XX% under the study period 2023 - 2030.
A cruise missile is a type of guided missile that is designed to travel at a controlled and sustained speed over long distances to deliver a payload, such as explosives or other warheads, to a specific target. Unlike ballistic missiles, which follow a high trajectory and rely on gravity to reach their targets, these fly at lower altitudes and use aerodynamic lift to maintain their flight. These can be launched from various platforms, including land-based launchers, aircraft, ships, and submarines. They are powered by jet engines or rocket motors and can be designed to have various ranges and capabilities, ranging from short-range tactical missiles to long-range strategic missiles.
Ongoing geopolitical tensions and conflicts worldwide prompt nations to invest in advanced military technologies, including cruise missiles, to bolster their defence capabilities and deter potential adversaries. The market benefits from the emphasis on precision strike capabilities, as these offer accurate and effective targeting of specific objectives. Technological advancements in aerospace and defence industries led to the development of more sophisticated and capable cruise missiles, fostering the demand for modernization efforts. Increased defence spending and rising terrorism concerns also contribute to the procurement of these missiles and related systems. Cruise missiles find extensive use in naval operations, and possessing such capabilities aids deterrence strategies for countries with limited resources. Additionally, export opportunities arise as countries with established technologies seek to provide their systems to allied nations. The market is further influenced by the replacement of ageing systems and the shift towards unmanned and autonomous military systems, where cruise missiles offer enhanced capabilities and reduced risks to human operators.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cruise missile. The growth and trends of cruise missile industry provide a holistic approach to this study.
This section of the cruise missile market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Launch Platform
By Range
By Speed
This section covers the regional outlook, which accentuates current and future demand for the Cruise Missile market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Cruise Missile market include Lockheed Martin Corporation, Raytheon Technologies Corporation, Boeing, Kongsberg, and MBD Inc., amongst others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.