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Missile Seekers Market - Targeting a $6.8 Billion Valuation by 2026

Missile Seekers Market by Technology (Active Radar, Semi-active Radar, Passive Radar, Infrared, Laser, Multi-mode), Missile Type (Interceptor, Ballistic, Cruise, Conventional), Launch Mode, and Region (North America, Europe, APAC, & RoW) (2021-2026)<br>

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Missile Seekers Market - Targeting a $6.8 Billion Valuation by 2026

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  1. (/) Missile Seekers Market CONTACT US (/CONTACTUS.ASP) Sign In (https://www.marketsandmarkets.com/signin.asp) REPORTS (/TOP-MARKET-REPORTS.ASP) ABOUT MNM PRESS RELEASES (/PRESS-RELEASE-2.HTML) Search Reports HOME (/) CAREER (/CAREER.ASP) RESOURCE CENTER HOME (/)› PRESS RELEASES (/PRESS-RELEASE-2.HTML)› Missile Seekers Industry worth $6.8 billion by 2026 GLOBAL TOP 2000 STRATEGIST RELY ON US FOR THEIR GROWTH STRATEGIES. KNOW MORE Missile Seekers Industry worth $6.8 billion by 2026 (/Knowledgestore.asp) VIEW FULL TABLE OF CONTENTS (HTTPS://WWW.MARKETSANDMARKETS.COM/MARKET-REPORTS/MISSILE- SEEKERS-MARKET-78626710.HTML) METHODOLOGY (HTTPS://WWW.MARKETSANDMARKETS.COM/MARKET-REPORTS/MISSILE-SEEKERS-MARKET- 78626710.HTML) DOWNLOAD PDF (/PDFDOWNLOADNEW.ASP?ID=78626710) According to a research report "Missile Seekers Market (https://www.marketsandmarkets.com/Market- Reports/missile-seekers-market-78626710.html) by Technology (Active Radar, Semi-active Radar, Passive Radar, Infrared, Laser, Multi-mode), Missile Type (Interceptor, Ballistic, Cruise, Conventional), Launch Mode, and Region (North America, Europe, APAC, & RoW) - Forecast to 2026" published by MarketsandMarkets, the missile seekers market size is projected to grow from USD 5.3 billion in 2021 to USD 6.8 billion by 2026, at a CAGR of 5.2% from 2021 to 2026. The market is driven by various factors, such as geopolitical instabilities, changing nature of warfare, increasing defense expenditure of emerging economies and technological advancements in missile seekers. Browse 130 market data Tables and 56 Figures spread through 186 Pages and in-depth TOC on "Missile Seekers Market - Forecast to 2026" View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/missile-seekers- market-78626710.html (https://www.marketsandmarkets.com/Market-Reports/missile-seekers-market- 78626710.html) The missile seekers market includes major players BAE Systems (UK), Boeing (US), Leonardo S.p.A. (Italy), Raytheon Technologies (US), Safran Group (France), Thales (France), and Northrop Grumman Corporation (US). These players have spread their business across various countries includes North America, Europe, Middle East, Asia Pacific, and Rest of the World. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has slightly affected missile seekers production and services globally in 2020. Changing nature of warfare will drive the demand for missile seekers The major factor driving the missile seekers market is the changing nature of warfare. The advancements in technology have led to the development of new and advanced defense systems, including air defense systems and guided missiles for hitting moving targets. The changing nature of warfare across the globe has led to the acquisition of advanced missile firing and defending capabilities by militaries of various countries. These militaries are increasingly engaged in low-intensity battles. We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  2. One example of the changing nature of warfare was the Indian military’s reply to the Pulwama attack, where the Indian Air Force fighter planes destroyed a terrorist camp in Balakot (Pakistan) using guided missiles. Advanced missile defense capabilities help countries in defending themselves against rocket and missile attacks. For instance, Israel’s Iron Dome air defense system prevented more than 2,500 missile and mortar attacks with a success rate greater than 90%. The missile seeker in such a system plays the most important role of making sure the missiles fired by the defense system hit the targets accurately. This fueled the development of more advanced air defense systems, which use ground-to-air missiles with guided seekers, with a success rate greater than 90%. (/) Sign In (https://www.marketsandmarkets.com/signin.asp) REPORTS (/TOP-MARKET-REPORTS.ASP) HOME (/) CONTACT US (/CONTACTUS.ASP) PRESS RELEASES (/PRESS-RELEASE-2.HTML) CAREER (/CAREER.ASP) Thus, the changing nature of warfare has resulted in the increased demand for highly advanced seekers for missiles from militaries across the globe. The multi-mode technology is projected to witness a higher CAGR during the forecast period Based on technology, the multi-mode technology are projected to grow at the highest CAGR rate for the missile seekers market during the forecast period. Multi-mode guidance systems make use of two or more missile seeker technologies to improve accuracy. Terrestrial Guidance (TERCOM) is one such hybrid system that uses radar, global positioning system (GPS), and digitized scene mapping area correlator (DSMAC) together. Multi-mode missile seeker is used for guidance of cruise missiles like AGM-86B (US), C-602 (China), Hyunmoo-III (South Korea), etc. The interceptor missiles is projected to witness the highest CAGR during the forecast period Based on the missile type, the interceptor missiles is projected to grow at the highest CAGR for the missile seekers market during the forecast period. Interceptor missiles are anti-ballistic missiles used to counter ballistic missiles like intercontinental and intermediate-range ballistic missiles launched from any enemy country and to counter aircraft and other missiles. S400, Arrow 2, Arrow 3, THAAD, Patriot missile defense system (https://www.marketsandmarkets.com/PressReleases/missile-defense-system.asp), and Barak 8 are interceptor missiles used to defend against any kind of airborne threats, such as helicopters (https://www.marketsandmarkets.com/PressReleases/helicopters.asp), aircraft, UAVs, anti-ship missiles, and ballistic missiles. The increasing procurement of interceptor missiles by countries such as India, South Korea, and Israel due to rising geopolitical instabilities is driving the growth of the interceptor missile segment. For instance, in 2018, the Indian government signed a contract worth USD 5.43 billion with the Russian government to procure five regiments of the S-400 missiles. Air-to-air launch mode projected to witness highest CAGR during the forecast period The air-to-air segment is projected to grow at the highest CAGR rate for the missile seekers market during the forecast period. Air-to-air missiles are launched from aircraft, helicopters, or unmanned combat aerial vehicles (UCAVs) to destroy enemy aircraft. The warhead types of air-to-air missiles are fragmentation warheads or continuous rod warheads. These missiles detect their targets using radars or infrared guidance systems and can fly at a very high speed. These missiles are long and have narrow cross-sections to reduce drag. The North American market is projected to contribute the largest share from 2021 to 2026 North America is projected to be the largest regional share of the global missile seekers market during the forecast period. Major companies, such as Raytheon Technologies, Northrop Grumman Corporation, and SemiConductor Devices, and small-scale private companies, such as Excelitas Technologies Corp, Marotta Controls, and KODA Technologies Inc., are based in the US. These players continuously invest in the R&D of new & improved missile seeker designs. We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  3. The missile seekers market in North America is driven by the increasing need for advanced defense systems from the US military. Missile seekers are the systems used in missiles to guide them on the right trajectory to accurately hit the desired targets. Recent technological developments in defense systems, including guided missiles, have led to the increased demand for more efficient missile seekers. (/) Canada has shown no interest in developing its own missile systems; the country relies on the US for its defense systems, including missile systems. CONTACT US (/CONTACTUS.ASP) Sign In (https://www.marketsandmarkets.com/signin.asp) REPORTS (/TOP-MARKET-REPORTS.ASP) HOME (/) PRESS RELEASES (/PRESS-RELEASE-2.HTML) CAREER (/CAREER.ASP) Don’t miss out on business opportunities in Missile Seekers Market. Speak to our analyst and gain crucial industry insights that will help your business grow. (https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=78626710) About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com (mailto:sales@marketsandmarkets.com) We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  4. (/) Sign In (https://www.marketsandmarkets.com/signin.asp) REPORTS (/TOP-MARKET-REPORTS.ASP) HOME (/) CONTACT US (/CONTACTUS.ASP) PRESS RELEASES (/PRESS-RELEASE-2.HTML) CAREER (/CAREER.ASP) Report Code AS 7989 PR Published ON 9/30/2021 ? REQUEST FREE SAMPLE REPORT (/requestsampleNew.asp?id=78626710) CHOOSE LICENSE TYPE Single User - $4950 Corporate License - $8650 BUY NOW (/Purchase/purchase_reportNew.asp?id=78626710) Request New Version (/RequestNewVersion.asp?id=78626710) Inquire Before Buying (/Enquiry_Before_BuyingNew.asp?id=78626710) ADJACENT MARKETS REQUEST BUNDLE REPORTS (/RequestBundleReport.asp?id=78626710) We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

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