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Rocket and Missile Market Analysis, Size, Share, Growth, Trends, Current Opportunities With Future Growth, Latest Research Report Forecast…

Market Forecast

Global Rocket and Missile Market is expected to be valued at USD 79.6 Billion and register a 4.2% CAGR between 2020 and 2026. The increasing defense expenditure and increasing cross border disputes are primarily driving the growth of the market. Additionally, the increasing development of advanced weapon systems is driving the growth of the market.

Market USP

Development of guided missile systems

Growth Opportunities in the Market

The air-to-surface segment is expected to record the highest growth in the market: The air-to-surface segment is expected to register the highest CAGR during the review period. This is due to the increasing development of air to surface missiles that can be launched by fighter jets and helicopters.

The surface-to-surface segment accounted for the largest market share in 2019. This is due to the high demand for surface-to-surface missiles during warfare situations.

The solid propulsion segment accounted for the largest share in 2019: The solid propulsion segment accounted for the largest share of the global rocket and missile market in 2019 primarily due to the extensive use of solid-state propulsion in many rockets globally.

The turbojet segment is expected to register the highest CAGR during the forecast period due to the wide use of turbojet in missiles.

Key Players

  • Denel Dynamics (South Africa)
  • General Dynamics Corporation (US)
  • Kongsberg Gruppen ASA (Norway)
  • Lockheed Martin Corporation (US)
  • MBDA Holdings SAS (France)
  • Mesko SA (Poland)
  • Nammo AS (Norway)
  • Rafael Advanced Defense Systems Ltd (Israel)
  • Roketsan AS (Turkey)
  • Saab AB (Sweden)
  • Thales Group (France)
  • Raytheon Technologies Corporation (US)

Global Rocket and Missile Market Research Report: Information By Launch Mode (Surface-To-Surface, Surface-To-Air, Subsea-To-Surface, Air-To-Air and Air-To-Surface), Propulsion (Solid Propulsion, Liquid Propulsion, Hybrid Propulsion, Turbojet, Ramjet and Scramjet) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) – Forecast till 2027 @ https://www.marketresearchfuture.com/reports/rocket-missile-market-10321

The report provides insights on the following pointers:

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 Unattended Ground Sensor Market Competitor Landscape by Players

Chapter 4 Unattended Ground Sensor Market Size by Type and Application

Chapter 5 Global and Regional Analysis

Chapter 6 Company Profiles, recent developments, and investments

Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis

Chapter 8 Value Chain and Sales Channels Analysis with breakthrough product developments

Chapter 9 Research Findings and Conclusion

Chapter 10 Methodology/Research Approach

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