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The MEA Times
  • Middle East
    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    A handful of walnuts a day may enhance cognitive development in adolescents

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    The Assets Net (TAN)  Expands Capabilities and Global Presence with  Remote Entity Awareness and Control (REAC) systems Following Full Asset Purchase of PrecyseTech

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    روسيا تطلق العد التنازلي لأول بطولة دولية للفيجيتال ( phygital): ألعاب المستقبل

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    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

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    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

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    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    تشير الدراسة الجديدة إلى أن الجوز من الممكن أن يمنع التأثيرات السلبية المتعلقة بالتوتر لدى طلاب الجامعة

    Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

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  • Middle East
    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    A handful of walnuts a day may enhance cognitive development in adolescents

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين

    The Assets Net (TAN)  Expands Capabilities and Global Presence with  Remote Entity Awareness and Control (REAC) systems Following Full Asset Purchase of PrecyseTech

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    روسيا تطلق العد التنازلي لأول بطولة دولية للفيجيتال ( phygital): ألعاب المستقبل

    روسيا تطلق العد التنازلي لأول بطولة دولية للفيجيتال ( phygital): ألعاب المستقبل

  • Europe
    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

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    Anavrin Equestrian Resort & Sports Club joins Healing Hotels of the World

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    تشير الدراسة الجديدة إلى أن الجوز من الممكن أن يمنع التأثيرات السلبية المتعلقة بالتوتر لدى طلاب الجامعة

    Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

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    BZR on Coinstore – a Significant Milestone for Bazaars

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    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

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    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

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    Healthcare Big Data Analytics Market to grow at a CAGR of 20.5 percent during the forecast period

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Home Press Releases

Rockets and Missiles Market is Expecting Major Revenue Growth Worth $73.8 billion by 2026

by admin
May 31, 2022
in Press Releases
Rockets and Missiles Market is Expecting Major Revenue Growth Worth $73.8 billion by 2026
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(EMAILWIRE.COM, May 31, 2022 ) According to the new research report, the “Rockets and Missiles Market by Speed (Subsonic, Supersonic, Hypersonic), Product, Propulsion Type (Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet), Guidance Mechanism (Guided and Unguided), Launch Platform & Region – Forecast to 2026″, published by MarketsandMarkets™, the Rockets and Missiles Market size is projected to grow from USD 58.3 billion in 2021 to USD 73.8 billion by 2026, at a CAGR of 4.8% from 2021 to 2026. The demand for these weapons has witnessed significant growth recently due to rising threats of insurgencies that have highlighted the need for precision attacks and stand-off surgical strikes. Thus, it is imperative to avoid collateral damage and provide combatants with advanced weapons have led to the growth of Rockets and Missiles market.

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https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=203298804

The Rockets and Missiles market includes major players Northrop Grumman Corporation (US), Lockheed Martin Corporation (US), BAE Systems (UK), and Thales Group (France). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Rest of the World. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected missile defense system production and services globally in 2020.

Defense programs to defend nations against various threats. The performance of US weapon systems is unmatched, ensuring that the US defense forces have a tactical combat advantage over any adversary in any weather condition. The Fiscal Year (FY) 2020 acquisition (Procurement and Research, Development, Test, and Evaluation (RDT&E)) funding requested by the US Department of Defense (DoD) totals USD 247.3 billion, which includes funding in the Base budget and the Overseas Contingency Operations (OCO) fund, totaling USD 143.1 billion for Procurement and USD 104.3 billion for RDT&E. The funding in the budget request represents a balanced portfolio approach to implement the military force objective established by the National Defense Strategy. Of the USD 247.3 billion in the request, USD 83.9 billion finances Major Defense Acquisition Programs (MDAPs), which are acquisition programs that exceed a cost threshold established by the Under Secretary of Defense for Acquisition and Sustainment.

According to the Missile Defense Agency, there has been an increase of over 1,200 additional ballistic missiles over the last 5 years. The total of ballistic missiles outside the US, the North Atlantic Treaty Organization, Russia, and China has risen to over 5,900. Hundreds of launchers and missiles are currently within the range of US deployed forces.

Hence, the increasing need for defense programs by nations to defend against various threats is driving the ROCKETS AND MISSILES market.

The missile segment is projected to grow at the highest CAGR rate for the ROCKETS AND MISSILES market during the forecast period.

A missile plays an important role in ROCKETS AND MISSILES majorly for land, air, and marine platforms. The missile segment has been further sub-segmented further segmented into cruise missiles and ballistic missiles. The missile segment is projected to reach USD 57.1 billion by 2026. In the Asia Pacific region, this segment is projected to register the highest CAGR during the forecast period.

Browse in-depth TOC on “Rockets and Missiles Market”

250 – Tables

51 – Figures

245 – Pages

The hypersonic segment is projected to register the highest CAGR of 6.6% during the forecast period

Based on speed, the ROCKETS AND MISSILES market has been segmented into subsonic, supersonic, and hypersonic. Hypersonic rockets and missiles are equipped with a propulsion system to enable them to attain a speed of Mach 5 or higher, which is five times faster than the speed of sound. Hypersonic precision-guided weapons are difficult to counter due to their high speed. Currently, these weapons are in a development phase and are expected to be operational in the near future.

The solid propulsion segment is projected to grow at the highest CAGR rate for the ROCKETS AND MISSILES market during the forecast period.

Based on propulsion type, the ROCKETS AND MISSILES market has been segmented into Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet, and Scramjet. Solid propulsion uses solid propellants to boost missiles and rockets. Solid propellants consist of a homogenous mixture of various composites, which are easier to store and handle. These systems cost less and offer a large amount of thrust to the missiles. High-performance propellants and modified grains enhance the capability of solid propulsion.

By launch mode, the surface-to-surface segment is estimated to account for the largest share (31) of the ROCKETS AND MISSILES market in 2021

Based on launch mode, the ROCKETS AND MISSILES market has been segmented into surface to surface, surface to air, air to air, air to surface, and subsea to surface. Surface to surface rockets and missiles are fired from the ground or the sea. They can be launched from hand-held or vehicle-mounted devices or fixed installations. These missiles used in land warfare operations are designed to hit ground or sea targets. Hence, they are also known as ground to ground rockets and missiles.

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 ROCKETS AND MISSILES market during the forecast period. Major companies such as Northrop Grumman Corporation, Lockheed Martin, Raytheon Technologies, and General Dynamics Corporation are based in the US. These players continuously invest in the R&D of new and advanced technology used in rocket and missile market.

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https://www.marketsandmarkets.com/requestsampleNew.asp?id=203298804

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.

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.



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      • A handful of walnuts a day may enhance cognitive development in adolescents
      • إن كمية حفنة من الجوز يوميا قد تعزز التطور المعرفي لدى المراهقين
      • Europe's business jet industry aims for green rebrand – Regina Leader Post
      • Dangote's mega oil refinery in Nigeria opens, awaits full production – Business Insider Africa

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