Boston, MA -- (SBWIRE) -- 09/15/2016 -- Anti-ship missiles are guided missile systems, which are designed to be deployed against combat ships and large naval boats. To counter these missiles, anti-ship missile defense systems come into play. They consist of missile interceptors, close-in weapon systems (CIWS), decoy systems, electronic warfare (EW) equipment, and anti-aircraft guns.

Technavio's analysts forecast the global anti-ship missile defense system market to grow at a CAGR of 6.56% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global anti-ship missile defense system market for 2016-2020. The report discusses the major drivers influencing market growth and the challenges faced by vendors and the market as a whole. It also examines key emerging trends and their influence on current and future market scenarios.

Get More Details on this Report and a Full Table of Contents at Global Anti-Ship Missile Defence System Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Anti-Ship Missile Defense System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-BAE Systems
-General Dynamics
-Lockheed Martin
-Northrop Grumman
-Raytheon

Other prominent vendors

-Finmeccanica
-MBDA
-Rafael Advanced Defense Systems
-Saab AB
-Thales

Market driver

-High demand for laser anti-ship missile defense systems
-For a full, detailed list, view our report

Market challenge

-Defense budget cuts
-For a full, detailed list, view our report

Market trend

-Modernization of naval combat systems
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: BAE Systems, General Dynamics, Lockheed Martin, Northrop Grumman, Raytheon, Finmeccanica, MBDA, Rafael Advanced Defense Systems, Saab AB, Thales

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