Jun 6, 2017   SOURCE: BusinessWire

$70 Billion Rocket and Missile Market by Type, Launch Mode, Propulsion & Region - Global Forecast to 2022 - Research and Markets

Research and Markets has announced the addition of the "Rocket and Missile Market by Type (Missile, Rocket), Launch Mode (Surface-to-Surface, Surface-to-Air, Air-to-Air, Air-to-Surface, Subsea-to-Surface), Propulsion (Solid, Liquid, Hybrid, Scramjet, Turbojet, Ramjet) & Region - Global Forecast to 2022" report to their offering.

The rocket and missile market is projected to grow from USD 55.53 billion in 2017 to USD 70.00 billion by 2022, at a CAGR of 4.74% from 2016 to 2022.

Increasing threat from aerial combat platforms and requirement of long range and high speed missiles are the major factors driving the rocket and missile market globally

This market is driven by several factors, such as rising number of geopolitical conflicts, wars and cross-border disputes, rise of asymmetric warfare, and increasing military use of offensive weapons for tactical operations. However, high cost involved in the development of missile systems and the declining defense budgets of developed countries may restrain the growth of the rocket and missile market in the U.S., the U.K., France, and Germany.

Based on missile type, the rocket and missile market has been segmented into cruise missile and ballistic missile. The ballistic missile segment is projected to grow at the highest CAGR during the forecast period. This high growth can be attributed to the increasing demand for Surface-to-Air Missiles (SAMs) and huge investments made for the procurement of ballistic missiles by armed forces across the globe.

Key players operating in the global rocket and missile market are Thales Group (France), MBDA Inc. (U.K.), Raytheon Company (U.S.), Rafael Advanced Defense Systems Ltd (Israel), Roketsan A.S. (Turkey), and Lockheed Martin Corporation (U.S.), among others.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Rocket and Missile Market, By Type

8 Rocket and Missile Market, By Launch Mode

9 Rocket and Missile Market, By Propulsion

10 Regional Analysis

11 Competitive Landscape

12 Company Profiles

  • Bae Systems
  • Bharat Dynamics
  • Boeing Company
  • Brahmos Aerospace
  • Brahmos Aerospace
  • Denel Dynamics
  • General Dynamics
  • Kongsberg Gruppen ASA
  • Lig Nex1
  • Lockheed Martin
  • MBDA, Inc.
  • Makeyev Rocket Design Bureau
  • Mectron
  • Mesko SA
  • Nammo As
  • Northrop Grumman
  • Npo Mashinostroyenia
  • Orbital Atk
  • Rafael Advanced Defense Systems
  • Rheinmetall Ag
  • Roketsan
  • Saab AB
  • Tactical Missiles Corporation
  • Thales Group
  • The Raytheon Company

For more information about this report visit http://www.researchandmarkets.com/research/zxx26z/rocket_and