Market definition of the Global Interceptor Missile Market along with the breakdown of different prompting factors like drivers, limitations, and opportunities. Broad research on the competitive landscape of the international Interceptor Missile Market. Documentation and study of local and global factors that are and will affect the development of the market. A complete catalog of key market players working in the Global Interceptor Missile Market. Also, it gives an examination of the different market segmentations, by type, size, applications, region, and by end-users. It provides a descriptive survey of demand-supply chaining in the Global Interceptor Missile Market.

Global Missile Interceptor Market, by Launch Mode (Surface to Air and Surface to Surface), by Type (Endoatmospheric and Exoatmospheric), by Range (Up to 125 Kms, 125 to 200 Kms, and Above 200 Kms), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Market Overview

Interceptor Missiles Market size exceeded USD 5.1 billion in 2019 and is estimated to grow at a CAGR of 5.3% between 2020 and 2028.

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The missile interceptor is a missile designed to counter incoming missiles, such as intercontinental ballistic missiles and intermediate-range missiles launched from any country

Growth due to consistent increases in defense budgets across the globe and the need for advanced missile defense systems to counter the modern combat to safeguard the country’s border and also increasing investments in missile defense programs by the governments of several countries, such as India, the US, and China, Saudi Arabia are some of the factors that have supported long-term expansion for Missile Interceptor Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the world. Though the industry was not affected much but still it has faced many economic problems post the covid-19 outbreak. The industry has been hit globally because of the pandemic outbreak.

Regional Analysis

Asia Pacific held over 25% of the market revenue share in 2019 supported by increasing efforts of governments to develop indigenous manufacturing capabilities catering to the defense sector. Various government organizations are liquidating significant funds to upscale the existing market. This has resulted in the rise of the interceptor missiles market in Asia Pacific with capabilities demonstrating significant technological advancement.

Key Players

·         Lockheed Martin Corporation

·         Boeing

·         Raytheon Company

·         Aerojet Rocketdyne

·         Rafael Advanced Defense Systems Ltd

·         China Aerospace Science and Technology Corporation

·         Bharat Dynamics Limited

·         MBDA

·         Thales Group

·         Northrop Grumman Corporation

Recent Developments

·         In 2021, the US Army Contracting Command issued a USD 11.62 million FMS modification contract to Northrop Grumman to install its Integrated Air and Missile Defense Battle Command System (IBCS) in Poland with an estimated completion date of 31 December 2025.

·         In 2020, Boeing’s Huntsville operation was awarded a USD 249 million contract modification in support of the only operationally deployed missile defense capable of shielding the entire US against long-range ballistic missile attacks.

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Table of Contents

Interceptor Missiles Market is segmented into launch mode, type, range and region.

On the basis of Launch Mode

·         Surface to air

·         Surface to surface                                  

On the basis of Type

·         Endoatmospheric

·         Exoatmospheric

On the basis of Range

·         Upto 125kms

·         125 to 200 kms

·         Above 200kms 

On the basis of Region

·         Asia Pacific

·         North America

·         Europe

·         South America

·         Middle East & Africa

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