Anti-Ship Missile Defense System Market Report 2026

The anti-ship missile defense system market size has grown strongly in recent years. It will grow from $13.13 billion in 2025 to $13.87 billion in 2026 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to rising naval modernization programs increasing adoption of anti-ship missile defense capabilities, growth in deployment of advanced sensor systems to improve early threat detection, increased integration of electronic warfare suites to counter guided missile attacks, advancements in shipborne missile interception technologies enhancing defensive readiness, expanding regional maritime security threats driving procurement of asmd systems.

The anti-ship missile defense system market size is expected to see strong growth in the next few years. It will grow to $17.11 billion in 2030 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to growing demand for multi-layered naval defense architectures integrating sensors and interceptors, increasing investment in next-generation electronic warfare systems with enhanced jamming capabilities, expansion of network-centric naval operations requiring interoperable asmd solutions, development of faster and more precise interception systems to counter evolving missile threats, rising focus on autonomous and AI-enabled threat detection and response mechanisms. Major trends in the forecast period include integration of multi-layered missile defense systems, real-time threat detection and response capabilities, enhanced electronic warfare countermeasures, deployment of mobile and flexible launch platforms, advanced sensor fusion for naval threat monitoring.

The increasing number of conflicts worldwide is projected to drive the growth of the anti-ship missile defense system (ASMD) market in the coming years. Regional wars, escalating maritime security threats, and tensions in contested waterways necessitate the greater deployment of ASMD systems on naval vessels. For instance, in October 2024, the House of Lords Library, a UK-based information resource for the House of Lords, reported that by mid-2023, approximately 110 million individuals had been forcibly displaced due to persecution, conflict, violence, or human rights violations. Additionally, the number of conflicts in the Middle East rose from 2022 to 2023, increasing from eight to ten, with battle-related deaths rising from just over 5,000 in 2022 to nearly 26,000 in 2023. Consequently, the rise in global conflicts is fueling the growth of the anti-ship missile defense system market.

Major companies in the anti-ship missile defense system market are advancing their products by incorporating technologies such as Global Positioning System (GPS) technology to enhance the accuracy, tracking, and targeting capabilities of defense systems, thereby improving overall operational effectiveness. The Global Positioning System (GPS) is a satellite-based navigation system that provides precise location, velocity, and time information to GPS receivers anywhere on Earth. For example, in March 2023, Kawasaki Heavy Industries (KHI) Ltd., a Japan-based aerospace company, unveiled its long-range cruise missile, the Island Defence anti-ship missile, at DSEI Japan 2023, a defense exhibition held in Japan. This missile is capable of being launched from multiple platforms, including warships, aircraft, land-based systems, and potentially submarines. It utilizes an inertial navigation system (INS) along with GPS for its cruise phase, while its terminal guidance is achieved through a dual-mode seeker that combines infrared (IR) and radio frequency (RF) technologies.

In September 2024, EDGE Group, a UAE-based manufacturer of anti-ship missile systems, formed a partnership with the Brazilian Navy to enhance maritime defense through strategic innovation. The collaboration focuses on co-developing and locally producing the advanced MANSUP anti-ship missile and counter-drone systems, strengthening Brazil’s naval defense capabilities and promoting bilateral defense cooperation between Brazil and the UAE. The Brazilian Navy serves as the naval branch of Brazil’s armed forces.

Major companies operating in the anti-ship missile defense system market are BAE Systems plc, Lockheed Martin Corporation, Raytheon Technologies Corporation, Northrop Grumman Corporation, MBDA, Thales Group, Saab AB, Rafael Advanced Defense Systems Ltd., General Dynamics Corporation, Rheinmetall AG, L3Harris Technologies Inc., China Aerospace Science and Industry Corporation, LIG Nex1 Co. Ltd., Elbit Systems Ltd., Kongsberg Gruppen ASA, Hanwha Aerospace, Aselsan A.Ş., Diehl Stiftung & Co. KG, Mitsubishi Heavy Industries, Ltd., Hensoldt AG, Naval Group, CEA Technologies Pty Limited, Roketsan, TÜBİTAK SAGE.

North America was the largest region in the anti-ship missile defense system market in 2025. The regions covered in the anti-ship missile defense system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the anti-ship missile defense systems market by increasing costs for imported missile interceptors, radar systems, and related components, particularly affecting North America, Europe, and Asia-Pacific defense procurements. Increased import duties have raised production and acquisition costs for surface, air, and submarine platforms. On the positive side, tariffs have incentivized domestic manufacturing and research initiatives, fostering localized production and innovation in advanced missile defense technologies.

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Anti-ship missile defense systems (ASMD) are designed to protect naval vessels from the threats posed by anti-ship missiles, which are guided missiles specifically intended for attacking and destroying naval ships.

The primary components of anti-ship missile defense systems include missile interception and radar. A missile interceptor is a specialized type of missile engineered to intercept and neutralize incoming missiles before they can reach their intended target. These interceptors are deployed using various platforms such as airborne (air), surface-based (surface), and underwater (submarine). The applications of anti-ship missile defense systems extend to both ballistic missile defense and conventional missile defense scenarios.

The countries covered in the anti-ship missile defense system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The anti-ship missile defense system market consists of sales of sensor systems, electronic warfare systems and missile defense systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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