Artificial Intelligence
United States Missile Defense System Market Report 2022: A $8.74 Billion Market by 2027 – Cumulative Impact of 2022 Russia Ukraine Conflict
Dublin, Oct. 24, 2022 (GLOBE NEWSWIRE) — The “Missile Defense System Market Research Report by Technology, Range, Threat Type, Domain, State – United States Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.
The United States Missile Defense System Market size was estimated at USD 5,333.37 million in 2021, USD 5,686.29 million in 2022, and is projected to grow at a CAGR of 8.59% to reach USD 8,745.58 million by 2027.
In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.
Cumulative Impact of 2022 Russia Ukraine Conflict:
The publisher continuously monitors and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics.
The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia. This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Missile Defense System market considering the current update on the conflict and its global response.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Missile Defense System Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others.
Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Market Dynamics
Drivers
- Missile defense programs of the U.S.
- Increasing government expenditure on strengthening the defense sector
Restraints
- Technical issues related to limitation in the missile range and continuous tracking of the missiles and vulnerability to anti-aircraft missiles
Opportunities
- Surge in research & developments in missile defense technology
- Rising potential of Artificial Intelligence (AI) in Missile Defense
Challenges
- Requirement of high investment
Market Segmentation & Coverage:
- Based on Technology, the market was studied across Command & Control System, Countermeasure System, Fire Control System, and Weapon System.
- Based on Range, the market was studied across Long, Medium, and Short.
- Based on Threat Type, the market was studied across Hypersonic Missiles, Subsonic Missiles, and Supersonic Missiles.
- Based on Domain, the market was studied across Air, Land, Marine, and Space. The Land is further studied across Portable (Man pads) and Vehicular.
- Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.
Company Profiles
- Aerojet Rocketdyne
- Alliant Techsystems
- BAE Systems plc
- BrahMos Aerospace
- General Dynamics Corporation
- Israel Aerospace Industries Ltd
- Kongsberg Defense Systems
- Leonardo Spa
- Lockheed Martin Corporation
- Makeyev Design Bureau
- Northrop Grumman Corporation
- Rafael Advanced Defense Systems
- Raytheon Technologies Corporation
- Rheinmetall AG
- Saab
- Tactical Missiles
- Thales Group.
- The Boeing Company
For more information about this report visit https://www.researchandmarkets.com/r/b9cyq
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