Intercontinental Ballistic Missile Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Intercontinental Ballistic Missile Market 2018 Intercontinental Ballistic Missile Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 jaiganeshIntercontinental ballistic missile, commonly termed as ICBM, is a guided ballistic missile that is capable of delivering one or more nuclear warheads. It has a minimum range of 5,500 km and is faster and covers greater range when compared to other ballistic missiles, such as Medium-Range Ballistic Missile (MRBM) and Intermediate-Range Ballistic Missiles (IRBM). Modern ICBMs support Multiple Independently Targetable Re-Entry Vehicles (MIRVs), enabling a single missile to carry multiple re-entry vehicles (warheads), each of which is capable of striking a different target. ICBMs are major nuclear deterrents, and only a few nations possess the technology to launch such long-range weaponry. They can be deployed from multiple platforms, such as missile silos, trucks, and submarines.
2
www.marketresearchfuture.com
Intercontinental Ballistic Missile Market 2018
“Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Intercontinental Ballistic Missile Market Research Report - Global Forecast 2023” Intercontinental ballistic missile is a missile with the longest range. It is deployed from land or submarines. It is capable of delivering many types of weapons, namely chemical, nuclear, and biological. Nowadays, countries are aiming at developing new ICBMs with advanced propulsion systems that have greater range and high destructive power. Nowadays, possession of ICBMs has become a determining factor for evaluating the country’s military power. Owing to the increasing border threats, national security concerns, and changing nature of warfare, countries such as Russia, the U.S., and others are inclined towards enhancing their missile arsenal. They are also modernizing their old missiles with the new propulsion system and warheads, among other upgrades.
3
www.marketresearchfuture.com
Intercontinental Ballistic Missile Market 2018 Segmentation: For the study, the global Intercontinental Ballistic Missile Market is segmented into type, payload, range, and region. On the basis of type, land based segment accounted for the largest market share of 60.82% in 2016, with a market value of USD 4,268.7 million and is projected to witness a CAGR of 5.72% during the forecast period. The submarine based segment was the second-largest market in 2016, valued at USD 2,749.9 million in 2016; it is projected to witness the highest CAGR of 6.16%. On the basis of payload, multiple warheads accounted for the largest market share of 91.42% in 2016, with a market value of USD 6,416.4 million and are projected to witness a CAGR of 5.88% during the forecast period. Single warhead was the second-largest market in 2016, valued at USD 602.2 million in 2016; it is projected to witness the highest CAGR of 6.04%. On the basis of range, above 10,000 km segment accounted for the largest market share of 79.77% in 2016, with a market value of USD 5,598.7 million and is projected to witness the highest CAGR of 5.97% during the forecast period. Below 10,000 km segment was the second-largest market in 2016, valued at USD 1,419.9 million in 2016; it is projected to witness a CAGR of 5.59%.
Browse Report @ https://www.marketresearchfuture.com/reports/intercontinental-ballistic-missile-market-5927
4
www.marketresearchfuture.com
Intercontinental Ballistic Missile Market 2018 Application & Major Players in this Research: Intercontinental Ballistic Missile Market Prominent Players:
Aerojet Rocketdyne Holdings, Inc. (U.S.), BAE Systems (U.K), Boeing (U.S.), General Dynamics Corporation (U.S.), Israel Aerospace Industries Ltd. (Israel), Lockheed Martin (U.S.), Northrop Grumman Corporation (U.S.), and Orbital ATK, Inc. (U.S.)
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5927
5
www.marketresearchfuture.com
Intercontinental Ballistic Missile Market 2018 Intercontinental Ballistic Missile Market Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: On the basis of region, the market has been segmented into the following regions, namely Europe, North America, Asia Pacific, and the Middle East & Africa. In North America, The U.S. is the only country that is active in developing intercontinental ballistic missiles. According to the Stockholm International Peace Research Institute (SIPRI), the U.S. accounts for more than 35% of the global military expenditure. The country has spent more than USD 40 billion on missile defense projects over the past 15 years. The intercontinental ballistic missile market in North America is projected to witness a CAGR of 5.95% during the forecast period. The intercontinental ballistic missile market in Asia Pacific is projected to witness the highest CAGR of 6.13% during the forecast period. Countries such as Pakistan, South Korea, and Taiwan are making significant strides in enhancing their missile capability. Whereas, in the Middle East and Africa region, Israel is believed to have one among the most advanced missile arsenals in the Middle East.
6
www.marketresearchfuture.com
ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com
Copyright Š 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.
7
www.marketresearchfuture.com
THANK YOU
MARKET RESEARCH FUTURE salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
8
www.marketresearchfuture.com