Surface-to-Air Missiles Market Is Set to Boom in 2019 And Coming Years

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Surface-to-Air Missiles Market

Surface-to-air missile (SAM) or Ground-to-air missile (GTAM) is a missile launched from ground position to intercept and destroy enemy aircraft or missiles. It has excellent acceleration that is usually guided by radar or infrared. Radar is one of the major components of surface-to-air missile that helps in tracking and guiding the tracks.
Rising development of man-portable air-defense systems (MANPADS) is one of the primary drivers for market growth. The requirement for MANPADS has grown significantly over the years and is being used largely by soldiers on the ground take down low-flying enemy aircraft. The attacking abilities deployed for bombing or strafing, surveillance, gathering information, and resupplying enemy troops drives the growth of the MANPADS. Moreover, taking down the enemy’s aircraft is an effectual way to lower enemy tactics. This has resulted in substantial improvements to raise their stealth and destructive power with the demand for MANPADS.

APAC led the surface-to-air missiles market during 2017 and is foreseen to continue the domination during the forecast period. The presence of top procurers and manufactures countries such as India, China, Pakistan, and Vietnam in the region will drive the growth of the market.

The Surface-to-Air Missiles market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Surface-to-Air Missiles.

This report presents the worldwide Surface-to-Air Missiles market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

The following manufacturers are covered in this report:

  • Boeing
  • Lockheed Martin
  • Northrop Grumman
  • Honeywell
  • Pratt & Whitney
Report Sample includes:
– Table of Contents
– List of Tables & Figures
– Charts
– Research Methodology

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Surface-to-Air Missiles Breakdown Data by Type

  • High-Altitude Missile
  • Hollow Missile
  • Low Altitude Missile

Surface-to-Air Missiles Breakdown Data by Application

  • Fighting
  • Air Defense
  • Others

Surface-to-Air Missiles Production by Region

  • United States
  • Europe
  • China
  • Japan
  • Other Regions

Surface-to-Air Missiles Consumption by Region

  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Indonesia
  • Middle East & Africa
  • GCC Countries
  • Turkey
  • Egypt
  • South Africa
  • Rest of Middle East & Africa
Key Questions Addressed by the Report:
  • What is the growth perspective of the Surface-to-Air Missiles Market and the key dynamics and trends governing the market?
  • What are key sustainability strategies adopted by the leading players in the Surface-to-Air Missiles Market?
  • What are the new and emerging technologies and use cases disrupting the Surface-to-Air Missiles industry?
  • What are the key applications where Surface-to-Air Missiles plays a significant role?

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