Global Anti-Ballistic Missile System Market Size, Share, Trends, Demand, Growth and Competitive Analysis

MarkNtel Advisors recently published a detailed industry analysis of the Global Anti-Ballistic Missile System Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Anti-Ballistic Missile System Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Anti-Ballistic Missile System Market size was valued at around USD 12.39 billion in 2024 and is projected to reach USD 19.29 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.66% during the forecast period, i.e., 2025-30.




What are the major Driver the Global Anti-Ballistic Missile System industry?

Rising Geopolitical Tensions and Military Conflicts – With increased military actions and geopolitical pressure, anti-ballistic missile defense systems are going around the globe. In the year 2023, global military expenditure reached the high mark of USD 2.44 trillion. Missile defense capability is on a high trend as major powers take interest, while the US has spent more than USD 400 billion. On this trend, China and Russia's hypersonic missiles are stepping up their game of defense in various ways.

North Korean missile tests for ballistic missiles and Iran's missile programs have resulted in Japan, South Korea, and Israel upgrading their ABM systems. Further, Germany's investment in the European Sky Shield Initiative is evidence of how Russia's war with Ukraine has boosted Europe's push for missile defense. Countries are pushing more investment and innovation within the market and more emphasis on space-based monitoring, multi-layered anti-missile defense systems, and AI-driven interception technology due to heightened tensions across the globe.

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What segments define the Global Anti-Ballistic Missile System market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

  • By Platform
    • Land-Based- Market Size & Forecast 2020-2030, USD Million
    • Sea-Based - Market Size & Forecast 2020-2030, USD Million
    • Air-Based- Market Size & Forecast 2020-2030, USD Million
    • Space-Based- Market Size & Forecast 2020-2030, USD Million

According to report, The land-based anti-ballistic missile system market is roughly 55% of the total. Land-based ABM systems are frequently utilized due to their affordability, scalability, and ability to safeguard crucial locations such as cities, military installations, or infrastructure. 

  • By Component
    • Launch Vehicles- Market Size & Forecast 2020-2030, USD Million
    • Interceptor Missiles- Market Size & Forecast 2020-2030, USD Million
    • Fire Control Systems- Market Size & Forecast 2020-2030, USD Million
    • Radars- Market Size & Forecast 2020-2030, USD Million
    • Others
  • By Range
    • Short- Market Size & Forecast 2020-2030, USD Million
    • Medium- Market Size & Forecast 2020-2030, USD Million
    • Intermediate- Market Size & Forecast 2020-2030, USD Million
    • Intercontinental- Market Size & Forecast 2020-2030, USD Million

According to report, With about 40% of the global market for anti-ballistic missile systems, the intercontinental segment commands the largest share.

Explore the Complete Global Anti-Ballistic Missile System Market Analysis Report –

https://www.marknteladvisors.com/research-library/anti-ballistic-missile-system-market.html

Geographical Analysis: Global Anti-Ballistic Missile System Market

  • By Region
  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Global Anti-Ballistic Missile System Market Share & Competitive Landscape:

The Anti-Ballistic Missile System Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Global Anti-Ballistic Missile System Market are:

  • Lockheed Martin Corporation
  • Raytheon Technologies Corporation
  • Northrop Grumman Corporation
  • Boeing Company
  • Israel Aerospace Industries
  • General Dynamics Corporation
  • MBDA
  • Thales Group
  • BAE Systems
  • Rafael Advanced Defense Systems
  • Elbit Systems Ltd.
  • China Aerospace Corporation
  • Rheinmetall
  • Almaz-Antey

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Global Anti-Ballistic Missile System Industry Recent Developments

  • December 2024: Israel's Ministry of Defense signed a multibillion-dollar contract with IAI to enhance Arrow-3 interceptor production, strengthening the nation's defense against long-range ballistic missile threats through the advanced Arrow Weapon System.

Questions Addressed in this Study

1.What factors are driving the Global Anti-Ballistic Missile System Market growth?

2.How is the Global Anti-Ballistic Missile System Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Global Anti-Ballistic Missile System Market?

4.What is the current size of the Global Anti-Ballistic Missile System Market, and how is it projected to change in the future?

6.What is the future outlook for the Global Anti-Ballistic Missile System Market in terms of technological advancements and market expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here –

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

More Research Studies Report:

-Biocomposites Market size was valued at around USD 36.9 billion in 2024 and is projected to reach USD 89 billion by 2030 with a CAGR of around 16%.

-Green Solvents Market size was valued at around USD 1.34 billion in 2024 & is projected to reach USD 1.87 billion by 2030 with a CAGR of around 5.7%.

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