Global Missile Guidance System Market 2017-2021

  • ID: 4400191
  • Report
  • Region: Global
  • 68 pages
  • TechNavio
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FEATURED COMPANIES

  • BAE Systems
  • Boeing
  • DRDO
  • General Dynamics
  • Lockheed Martin
  • Luna
  • MORE
About Missile Guidance System

Missile guidance systems incorporate a variety of methods of guiding a missile to hit its intended target. Missile guidance systems remain heavily dependent on network; and any interference with the guidance system through infiltration can cause the missile to go off-course and even destroy its flight path. Hence, with enhancements in the missile systems, there is additional focus on securing software-based guidance systems.

The analysts forecast the global missile guidance system market to grow at a CAGR of 2.10% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global missile guidance system market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Missile Guidance System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
  • Boeing
  • General Dynamics
  • Lockheed Martin
  • Raytheon
  • Thales Group
Other prominent vendors
  • BAE Systems
  • DRDO
  • Luna
Market drivers
  • Accelerating development and procurement of missiles
  • For a full, detailed list, view the full report
Market challenges
  • Growing development of Small Diameter Bomb (SDB) and electromagnetic railgun
  • For a full, detailed list, view the full report
Market trends
  • Improved guidance systems for hypersonic missiles
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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2 of 5

FEATURED COMPANIES

  • BAE Systems
  • Boeing
  • DRDO
  • General Dynamics
  • Lockheed Martin
  • Luna
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Key takeaways
PART 05: Market landscape
  • Market overview
  • Global missile guidance system market
  • Five forces analysis
PART 06: Market segmentation by product type
  • Global missile guidance system market by product type
  • Global command guidance missile system market
  • Global homing guidance missile system market
  • Global beam rider guidance missile system market
  • Global inertial and GPS guidance missile system market
PART 07: Market segmentation by geography
  • Global missile guidance system market by geography
  • Missile guidance system market in APAC
  • Missile guidance system market in Americas
  • Missile guidance system market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Improved guidance systems for hypersonic missiles
  • Adaptive missile guidance through GPS
  • Reduction in size, weight, and power (SWaP) of guidance systems
PART 11: Vendor landscape
  • Competitive landscape
  • Boeing
  • General Dynamics
  • Lockheed Martin
  • Raytheon
  • Thales Group
  • Other prominent vendors
PART 12: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Some of the prominent missiles and missile defense system projects across the globe:
Exhibit 02: Key takeaways of global missile guidance system market
Exhibit 03: Classification of global missile guidance system market 2017
Exhibit 04: Global missile guidance system market 2016-2021 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Global missile guidance system market by product type 2016 and 2021 (% share of revenue)
Exhibit 07: Segmentation of global missile guidance system market by product type 2016-2021 ($ millions)
Exhibit 08: Global command guidance missile system market 2016-2021 ($ millions)
Exhibit 09: Missiles using command guidance missile systems
Exhibit 10: Global homing guidance missile system market 2016-2021 ($ millions)
Exhibit 11: Missiles using homing guidance missile systems
Exhibit 12: Global beam rider guidance missile system market 2016-2021 ($ millions)
Exhibit 13: Missiles using homing guidance missile systems
Exhibit 14: Global inertial and GPS guidance missile system market 2016-2021 ($ millions)
Exhibit 15: Missiles using inertial and GPS guidance missile systems
Exhibit 16: Global missile guidance system market by geography 2016 and 2021 (% share of revenue)
Exhibit 17: Global missile guidance system market by geography 2016-2021 ($ millions)
Exhibit 18: Missile guidance system market in APAC 2016-2021 ($ millions)
Exhibit 19: Missile guidance system market in Americas 2016-2021 ($ millions)
Exhibit 20: Missile guidance system market in EMEA 2016-2021 ($ millions)
Exhibit 21: Major vendors operating in global missile guidance system market 2017
Exhibit 22: Boeing: Geographical segmentation by revenue 2016 (%)
Exhibit 23: Missile guidance systems in Minuteman missile
Exhibit 24: General Dynamics: Business segmentation by revenue 2016 (%)
Exhibit 25: Lockheed Martin: Business segmentation by revenue 2016 (%)
Exhibit 26: Raytheon: Business segmentation by revenue 2016 (%)
Exhibit 27: Thales Group: Business segmentation by revenue 2016 (%)
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FEATURED COMPANIES

  • BAE Systems
  • Boeing
  • DRDO
  • General Dynamics
  • Lockheed Martin
  • Luna
  • MORE
New Report Released: – Global Missile Guidance System Market 2017-2021

The author of the report recognizes the following companies as the key players in the global missile guidance system market: Boeing, General Dynamics, Lockheed Martin, Raytheon, and Thales Group.

Other Prominent Vendors in the market are: BAE Systems, DRDO, and Luna.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Improved guidance systems for hypersonic missiles. The interest in the development of hypersonic systems of propulsion is growing because of their outstanding operational capacities, which are far beyond the existing systems. One of the major reasons behind the development of such super-fast missiles is the fact that more and more countries are focusing on improving their countermeasure capabilities against cruise missiles. Therefore, the need for developing advanced missile systems has gone up. India and Russia are working together on the hypersonic missile, BrahMos II, which is one of the fastest missiles under development.”

According to the report, one of the major drivers for this market is Accelerating development and procurement of missiles. The prime reason behind the accelerating development and procurement of missiles is the increasing number of global territorial disputes, which have led to the investment on various variants of weapon systems. Over the past decades, the world has witnessed several lands and maritime conflicts among countries, and there has been an increase in the number of armed conflicts. The ISIS conflict, the Indo-Pak conflict over Kashmir, the Syrian civil war, the conflict between Russia and Ukraine over Crimea, the Lebanon conflict, and the conflicts between the US and North Korea are just a few examples. This has led to the increasing demand for short- and long-range defense missiles and missile systems.

Further, the report states that one of the major factors hindering the growth of this market is Growing development of Small Diameter Bomb (SDB) and electromagnetic railgun. The Small Diameter Bomb (SDB) system, developed by Boeing, is the next-generation collateral-damage precision strike weapons for external and internal carriage. This system provides a greater range of more than 60 nautical miles, which allows warfighters with precision guidance and compact size to execute their targets. This design results in low maintenance, high performance, and low life-cycle cost to operate.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Boeing
  • General Dynamics
  • Lockheed Martin
  • Raytheon
  • Thales Group
  • BAE Systems
  • DRDO
  • Luna
Note: Product cover images may vary from those shown
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