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, 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.

Key Findings in Global Anti-Ballistic Missile System Market:

• Historical Analysis: 2020–2023
• Base Year: 2024
• Forecast Period: 2025–2030

Leading Market Players- Lockheed Martin Corporation, Raytheon Technologies Corporation, Northrop Grumman Corporation, Boeing Company, Israel Aerospace Industries (IAI), General Dynamics Corporation, MBDA, Thales Group, BAE Systems, Rafael Advanced Defense Systems, Elbit Systems Ltd., China Aerospace Corporation, Rheinmetall, Almaz-Antey, and Others.

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

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.

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

The Global Anti-Ballistic Missile System Industry Recent Development:

• 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.

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Global Anti-Ballistic Missile System Market?
• How is the Global Anti-Ballistic Missile System Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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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.

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