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The Short Range Ballistic Missile (SRBM) market is a subset of the Missiles and Missiles Technology industry. SRBMs are typically defined as missiles with a range of up to 300 km, and are used for tactical purposes such as battlefield support. They are typically smaller and lighter than other missiles, and are designed to be launched from mobile platforms such as vehicles or ships. SRBMs are often used in regional conflicts, and are becoming increasingly popular due to their low cost and relative ease of use.
SRBMs are typically powered by solid fuel rocket motors, and are equipped with guidance systems to ensure accuracy. They are often equipped with warheads containing high explosives, and can be used to target both personnel and infrastructure.
Some of the major companies in the SRBM market include Raytheon, Lockheed Martin, Boeing, Northrop Grumman, and MBDA. Show Less Read more