The Global Interceptor Missiles Market size is estimated to expand rapidly in the coming years, at a CAGR of 11.70% from 2018 to 2025. In 2016, the global market valuation was USD 6.0 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Increasing threats from rival countries across the globe will stimulate the interceptor missiles market share over the projected period. Nations across the globe are raising huge capitals for purchasing these missiles to overcome the menacing. Increasing the defense cost of various countries across the globe will further boost the revenue generation. Recently South Korea purchased THAAD missile from the U.S. due to the increasing threats from North Korea.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025             

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global interceptor missiles market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global interceptor missiles market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.  

Segment Analysis

By Technology Type: By technology type, it is segmented as THAAD, PAC-3, SM-3, HQ-19, HQ-9, Iron Dome, FD-2000, Patriot-GEM-T, Aegis Ashore, and Aster. PAC-3 technology estimated the highest share in 2016 and is expected to hold its dominance over the coming years. It can be credited increasing demand across the globe, principally in developed countries including U.S. High fulfillment of these missiles by the countries including Kuwait, UAE, Saudi Arabia, Israel, and Qatar will later significantly contribute the revenue generation. HQ-19 missiles are expected to increase market growth with rising CAGR over the forecasted timeframe due to the vast adoption of these missiles. Owing to the continuous development of HQ-9 technology these missiles have expanded the market. These missiles have a range of more than 500 km and high kinetic kill vehicles which in turn will support the industry growth over the forecast period.

By Surface Type: Surface to air segment is expected to hook maximum revenue share by 2025. High utilization of the missiles for defense against rival nations will prominently lead the industry growth. In addition, significant revenue generation is attributed due to the easy deployment of these missiles on the ground. Water to air segment will grow substantially, with CAGR of xx.xx% till 2025. Owing to the high compact of these missiles in the nations including the U.S., UK, Russia, and China will support the industry growth. Various nations across the globe are regularly attempting to defend their naval borders by these missiles; this will further stimulate the industry.

By Range Type:  Missiles of range up to 125 km will witness dominating share over the projected timeframe. This can be attributed to its high demand for missiles such as Iron Dome, SM-3, and PAC-3 that tally this range. The iron dome is highly impacting in Israel. Similarly, PAC-3 has tremendous demand, especially from MEA, which further stimulate industry growth. The interceptor missiles market of range 200 km will witness substantial growth over the forecasted period. Owing to the increasing prominence of HQ-9 missiles across the world, the evolution of HQ-9 missiles will further stimulate industry growth. Nations with strong defense power such as the US, Israel, Russia, and China are taking lead for the development of these missiles due to their enhanced features as compared to the conventional missiles.

Regional Analysis

The global interceptor missiles market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Europe is expected to exhibit a higher CAGR over the projected period in the interceptor missiles market due to demanding sales of these missiles across the region. In 2017, Poland redeemed 208 PAC-3 MSE missiles for enhancing their defense power. However, the European nations are expected to purchase 24 surfaces to air SM-3 missiles in 2018. The high adoption of these missiles from Sweden and Romania will boost industry growth.

Global Interceptor Missiles Market Size, Share Analysis by Region 2017

Middle East Asia is estimated to lead the global inceptor missiles market, producing a demand of over 1,300 arms up-to 2025. Increased distribution of these missiles due to continuously rising rivalry threats will prominently support the region's dominance. Multiple nations are collaborating with leading industrialists to enhance their defensive capabilities. Nations such as Qatar and UAE may sign a contract with Lockheed Martin for Patriot missiles. Also, UAE initially is the first nation to buy interceptor missiles after signing a deal with the US Department of Defense.  

Global Interceptor Missiles Market Study Objective

1. To forecast the market size of the interceptor missiles market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of interceptor missiles market based region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of interceptor missiles market, such as drivers, restraints, challenges and opportunities.

4. The regional analysis of the interceptor missiles market is to urge the market size of five major global regions, which includes Europe, North America, South America, the Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the interceptor missiles market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of the market opportunity for the stakeholder is to provide a competitive landscape for the global market players.

8. To profile the major market players and to analyze their market shares and essential competence comprehensively.

Key Players

The major key players in the global interceptor missiles market include Raytheon Co., Lockheed Martin Corp., Boeing Co., Rafael Advanced Defense Systems, and Aerojet Rocketdyne. New product developments and partnerships are the major strategies implemented by these competitors.

Global Interceptor Missiles Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.