Some of the key interceptor missiles industry players include :
Bharat Dynamics Limited
China Aerospace Science and Technology Corporation
General Dynamics Corporation
Hanwha Corporation
Kongsberg
L3Harris Corporation
Rheinmetall AG
Saab AB Group
Leonardo S.p.A
Lockheed Martin
MBDA
Northrop Grumman Corporation
Rafeal Advanced Defense Systems Ltd
Aerojet Rocketdyne
Airbus S.A.S
Israel Aerospace Industries.
Authors:
Suraj Gujar, Preeti Wadhwani
Frequently Asked Questions (FAQ) :
The market size of interceptor missiles was exceeded USD 5 billion in 2019.
The industry share of interceptor missiles is estimated to grow at a CAGR of over 5% between 2020 and 2026.
The medium range interceptor missiles segment is expected to witness 5% growth during the forecast period due to increasing demand for intercepting incoming ballistic and intercontinental ballistic missiles.
Asia Pacific held over 25% of the interceptor missiles market revenue share in 2019 supported by increasing efforts of governments to develop indigenous manufacturing capabilities catering to the defense sector.
The Inertial Navigation System (INS) component segment captured maximum market share of over 30% in 2019, says this research report by GMI.
Some of the key market players include Bharat Dynamics Limited, China Aerospace Science and Technology Corporation, General Dynamics Corporation, Hanwha Corporation, Kongsberg, L3Harris Corporation, Rheinmetall AG, Saab AB, Thales Group, Leonardo S.p.A., Lockheed Martin, MBDA, Northrop Grumman Corporation, Rafeal Advanced Defense Systems Ltd, Aerojet Rocketdyne, Airbus S.A.S., and Israel Aerospace Industries.