Latest News by Industry
DUBLIN--(BUSINESS WIRE)--Dec 1, 2022--
The "Anti-Ship Missile Defense Systems: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Anti-Ship Missile Defense Systems Market to Reach $15.4 Billion by 2027
The global market for Anti-Ship Missile Defense Systems estimated at US$10.8 Billion in the year 2020, is projected to reach a revised size of US$15.4 Billion by 2027, growing at a CAGR of 5.2% over the period 2020-2027.
Radar Systems, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$11 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Interceptor Systems segment is readjusted to a revised 6.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 4.9% CAGR
The Anti-Ship Missile Defense Systems market in the U.S. is estimated at US$3.2 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2027 trailing a CAGR of 4.9% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
What's New for 2022?
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS (Total 47 Featured)
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/wznwe2
View source version on businesswire.com:https://www.businesswire.com/news/home/20221201005634/en/
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD:
INDUSTRY KEYWORD: GOVERNMENT TECHNOLOGY DEFENSE
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/01/2022 07:15 AM/DISC: 12/01/2022 07:16 AM
http://www.businesswire.com/news/home/20221201005634/en