Global Missile Defense System Market Size, Share, Trends, Growth Analysis, Report 2025-2030

The Global Missile Defense System Market size is valued atUSD 27.81 billion in 2024and is projected to reachUSD 33.60 billion in 2030. Along with this, the market is estimated to grow at aCAGR of around 4.1%during the forecast period. According to MarkNtel Advisors Study.

Global Missile Defense System Market Driver:

Rising Government Initiatives and Defense Budgets Surging Missile Defense Systems Demand Governments all over the world are providing large amounts of defense budgets to power and strengthen their defense sector. With increasing geopolitical tensions and warfare situations, countries such as the US, India, China, Japan, etc., have been effectively focused on surging their defense sector. Moreover, national security concerns have been leading government bodies to adopt various defense systems which are leading military operations to purchase new, advanced, and efficient war supplies. This has drastically increased the defense spending focusing on developing and fielding complex missile defenses. For Instance,

In 2023, India spent around USD83.6 billion in its defense budget to modernize a range of weapons and combat systems.

Further, developed countries, like the U.S., have allocated a sizable amount of their defense budget to their different missile defense programs, like the Ground-based Midcourse Defense system and the Aegis Ballistic Missile Defense program. Similarly, under the umbrella of NATO (The North Atlantic Treaty Organization), European nations have been trying to enhance their missile defense capability due to the growing concerns about Russia's military posture and the plausible threat of missile attacks. With these increasing budget allocations to the defense sector, the nations have been adopting highly efficient missile defense systems, which is increasing their demand and driving the growth of the Global Missile Defense System Market.

Download a free sample copy of the Report: https://www.marknteladvisors.com/query/request-sample/missile-defense-market.html

Key Market Reports Highlights

Market Dimensions & Projections

Pricing Evaluation

Recent Strategic Moves by Companies

Primary Stakeholders

Import/Export Trend Analysis

Competitive Landscape Assessment

Emerging Opportunities

Market Trends and Indicators

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Browse Full Report including(TOC+ List of Table and Figures): https://www.marknteladvisors.com/research-library/missile-defense-market.html

Global Missile Defense System Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

• By Component

• Weapon System- Market Size & Forecast 2020-2030, USD Million

• Turret System- Market Size & Forecast 2020-2030, USD Million

• Missile Launcher- Market Size & Forecast 2020-2030, USD Million

• Fire Control System- Market Size & Forecast 2020-2030, USD Million

• Radar Systems- Market Size & Forecast 2020-2030, USD Million

• Command & Control System- Market Size & Forecast 2020-2030, USD Million

• Others (Combat System, Early Warning System, etc.)- Market Size & Forecast 2020-2030, USD Million

• By Platform

• Airborne- Market Size & Forecast 2020-2030, USD Million

• Land- Market Size & Forecast 2020-2030, USD Million

• Naval- Market Size & Forecast 2020-2030, USD Million

• By Range

• Short Range- Market Size & Forecast 2020-2030, USD Million

• Medium Range- Market Size & Forecast 2020-2030, USD Million

• Long Range- Market Size & Forecast 2020-2030, USD Million

• By Threat Type

• Subsonic Missile- Market Size & Forecast 2020-2030, USD Million

• Supersonic Missile- Market Size & Forecast 2020-2030, USD Million

• Hypersonic Missile- Market Size & Forecast 2020-2030, USD Million

• By Region

• North America

• South America

• Europe

• The Middle East & Africa

• Asia-Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - BAE Systems, Leonardo S.p.A., Saab AB, Israel Aerospace Industries Limited (IAI), Lockheed Martin Corporation, Rheinmetall AG, Thales Group, Raytheon Technologies Corporation, MBDA Inc., Northrop Grumman Corporation, ASELSAN A.?., Kongsberg Defence & Aerospace, Leidos, Rafael Advanced Defense Systems, China Aerospace Science and Technology Corporation, among others are looking forward to strengthening their market positions.

Have questions? Our consultant is ready to assist: https://www.marknteladvisors.com/query/talk-to-our-consultant/missile-defense-market.html

Global Missile Defense System Industry Recent Development:

In 2024: Raytheon was awarded around USD478 million contract from the NATO Support and Procurement Agency (NSPA) to supply additional GEM-T missiles to Germany.

In 2023: Leonardo S.p.A. launched new defence systems called the LIONFISH 30 and the HITFIST 30 UL for naval platforms and land vehicles.

Data-Driven Insights Backed by Proven Research

We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.

From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.

About Us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Contact Us

MarkNtel Advisors

Email: sales@marknteladvisors.com

Website: www.marknteladvisors.com

Latest Press Release - https://www.marknteladvisors.com/press-release