Global Anti-Ship Missile Defense Systems Market to Reach $18.4 Billion by 2030
The global market for Anti-Ship Missile Defense Systems estimated at US$12.2 Billion in the year 2022, is projected to reach a revised size of US$18.4 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030. Radar Systems, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$13.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Interceptor Systems segment is readjusted to a revised 6.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 4.9% CAGR
The Anti-Ship Missile Defense Systems market in the U.S. is estimated at US$3.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 4.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.Select Competitors (Total 47 Featured) -
- BAE Systems PLC
- General Dynamics Corporation
- Leonardo SpA
- Lockheed Martin Corporation
- MBDA, Inc.
- Northrop Grumman Corporation
- Rafael Advanced Defense Systems Ltd.
- Raytheon Company
- SAAB AB
- Thales Group
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BAE Systems PLC
- General Dynamics Corporation
- Leonardo SpA
- Lockheed Martin Corporation
- MBDA, Inc.
- Northrop Grumman Corporation
- Rafael Advanced Defense Systems Ltd.
- Raytheon Company
- SAAB AB
- Thales Group
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 197 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 12.2 Billion |
Forecasted Market Value ( USD | $ 18.4 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |