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Missile Seekers Market Research Report 2022 - Global Forecast to 2027 - Cumulative Impact of 2022 Russia Ukraine Conflict - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 26, 2022

The "Missile Seekers Market Research Report by Technology (Active Radar, Infrared, and Laser), Missile Type, Launch Mode, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Missile Seekers Market Research Report by Technology (Active Radar, Infrared, and Laser), Missile Type, Launch Mode, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
  • The Global Missile Seekers Market size was estimated at USD 2,789.01 million in 2021, USD 3,118.67 million in 2022, and is projected to grow at a CAGR 12.07% to reach USD 5,527.16 million by 2027.
  • Cumulative Impact of 2022 Russia Ukraine Conflict:
    We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine.
  • This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Missile Seekers market considering the current update on the conflict and its global response.

The Worldwide Missile Seekers Industry is Expected to Reach $6.8 Billion by 2026

Retrieved on: 
Thursday, November 11, 2021

The global missile seekers market size is projected to grow from USD 5.3 billion in 2021 to USD 6.8 billion by 2026, at a CAGR of 5.2% from 2021 to 2026.

Key Points: 
  • The global missile seekers market size is projected to grow from USD 5.3 billion in 2021 to USD 6.8 billion by 2026, at a CAGR of 5.2% from 2021 to 2026.
  • The missile seekers market will majorly be driven by the changing nature of warfare in the forecasted year.
  • The missile seekers market in North America is driven by the increasing need for advanced defense systems from the US military.
  • Recent technological developments in defense systems, including guided missiles, have led to the increased demand for more efficient missile seekers.