Surface-to-Air Missiles Market Research, Trends and Forecasts to 2025
Surface-to-Air Missiles Market-New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
Los Angeles, CA -- (SBWire) -- 03/13/2019 --QY Research has recently published a report on the niche yet rapidly growing market, titled,"Global Surface-to-Air Missiles Market Analysis & Forecast 2019," for the projected period of 6-years, i.e. between 2019 and 2025. According to this report, the global Surface-to-Air Missiles market is expected to show exponential Compound Annual Growth Rate during the projected period.
Rising development of man-portable air-defense systems (MANPADS) is one of the primary drivers for market growth. The requirement for MANPADS has grown significantly over the years and is being used largely by soldiers on the ground take down low-flying enemy aircraft. The attacking abilities deployed for bombing or strafing, surveillance, gathering information, and resupplying enemy troops drives the growth of the MANPADS. Moreover, taking down the enemy's aircraft is an effectual way to lower enemy tactics. This has resulted in substantial improvements to raise their stealth and destructive power with the demand for MANPADS.
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APAC led the surface-to-air missiles market during 2017 and is foreseen to continue the domination during the forecast period. The presence of top procurers and manufactures countries such as India, China, Pakistan, and Vietnam in the region will drive the growth of the market.
The global Surface-to-Air Missiles market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Surface-to-Air Missiles volume and value at global level, regional level and company level. From a global perspective, this report represents overall Surface-to-Air Missiles market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Boeing
Lockheed Martin
Northrop Grumman
Honeywell
Pratt & Whitney
Surface-to-Air Missiles Market Segment by Regions
North America
Europe
China
Japan
Surface-to-Air Missiles Market Segment by Type
High-Altitude Missile
Hollow Missile
Low Altitude Missile
Surface-to-Air Missiles Market Segment by Application
Fighting
Air Defense
Others
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About QYResearch
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