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Rocket and Missile Market, by Type (Missile, Rocket), Launch Mode (Surface-to-Surface (SSM), Surface-to-Air (SAM), Air-to-Surface (ASM), Air-to-Air (AAM), Subsea-to-Surface (SuSM), Propulsion (Solid Propulsion, Liquid Propulsion, Hybrid Propulsion, Ramjet, Turbojet, Scramjet) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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The rockets and missiles are mainly used for destroying the helicopters, tanks, submarine, artilleries, aircrafts, incoming rockets or missiles, ships, and armored vehicles. Rockets are self-propelled munitions and unguided powered by rocket motors or jet engines while the missiles are self-propelled weapons and guided mainly used for air to surface combat, surface to air combat and air to air combat. The major trend for rockets and missiles market to surge is the growing defense budget every year in the developing countries. Across the globe, the defense forces are continuously equipping their relevant troops with the advanced as well as enhanced rockets and missiles for strengthening their air force, armed forces, and naval force. Thus, the growing demand for strengthening of defense forces global is fueling the market for rockets and missiles.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the rocket and missile market. The scope of this report covers the rocket and missile market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The global market for rockets and missiles is driven by so many factors but high cost of advanced technologies is a major challenge. Manufacturers of rocket and missiles are continuously focusing on improving it by integrating different advanced technologies.
  • As these technologies are so costly as compared to traditional technologies so the price of final product is increasing which is limiting the adoption of these latest technologies in developing countries. As the manufacturing organizations are developing and designing so this market has budding opportunities to grow in the coming years.
  • There are several benefits of smokeless missiles such as it can be fired from a naval ship or an aircraft or from land without giving any firing region clue to the enemy and it can travel long distances up to 1000 meters which is greater that existing missiles. These benefits are boosting the growth of global market for rockets and missiles over the forecast period.

Regionally, the global market for rockets and missiles is segmented into Europe, North America, Asia-Pacific, Middle East & Africa and Latin America. Among these, the US is anticipated to dominate the global market for rockets and missiles over the forecast period. The rapid growth in this region is due to growing R&D activities undertaken for advanced technological design development of man portable warfare systems. In the coming years, the growth of rocket and missile market in China is anticipated to be very high. The reason behind this growth is that China has been heavily investing heavily in development and design of portable air defense systems. Several developing countries such as India and China, among other regions are investing heavily in ballistic missiles. Also, these countries are investing for doing advancement in technologies and focus on wide range production of offensive fighting vehicles.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s rocket and missile market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the rocket and missile market by the following segments:

  • Rocket & Missile Market, by Type
    • Missile
    • Rocket
  • Rocket & Missile Market, by Launch Mode
    • Surface-to-Surface (SSM)
    • Surface-to-Air (SAM)
    • Air-to-Surface (ASM)
    • Air-to-Air (AAM)
    • Subsea-to-Surface (SuSM)
  • Rocket & Missile Market, by Propulsion
    • Solid Propulsion
    • Liquid Propulsion
    • Hybrid Propulsion
    • Ramjet
    • Turbojet
    • Scramjet

KEY MARKET PLAYERS

Key players in the rocket and missile market include:

  • Lockheed Martin 
  • MBDA Holdings SAS 
  • Rafael Advanced Defense Systems Ltd. 
  • The Raytheon Company 
  • Saab AB 
  • Nammo as 
  • Kongsberg Gruppen ASA 
  • Thales Group 
  • General Dynamics Corporation 
  • Mesko S.A. 
  • Denel Dynamics 
  • Roketsan A.S.

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

TRENDING RELATED REPORT

Aircraft Engines Market, by Type (Turboprop Engine, Turbofan Engine, Turboshaft Engine, Piston Engine), Application (Commercial Aviation, Military Aviation, General Aviation), Platform (Fixed Wing, Rotary Wing), and Region – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022


  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. ROCKET & MISSILE MARKET, BY TYPE
    1. Segment Share
    2. By Type
      1. Missile
      2. Rocket
  6. ROCKET & MISSILE MARKET, BY LAUNCH MODE
    1. Segment Share
    2. By Launch Mode
      1. Surface-to-Surface (SSM)
      2. Surface-to-Air (SAM)
      3. Air-to-Surface (ASM)
      4. Air-to-Air (AAM)
      5. Subsea-to-Surface (SuSM)
  7. ROCKET & MISSILE MARKET, BY PROPULSION
    1. Segment Share
    2. By Propulsion
      1. Solid Propulsion
      2. Liquid Propulsion
      3. Hybrid Propulsion
      4. Ramjet
      5. Turbojet
      6. Scramjet
  8. ROCKET & MISSILE MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Type
      3. By Launch
      4. By Propulsion
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Type
      3. By Launch
      4. By Propulsion
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Type
      3. By Launch
      4. By Propulsion
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Type
      3. By Launch
      4. By Propulsion
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Type
      3. By Launch
      4. By Propulsion
  9. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  10. KEY MARKET PLAYERS
    1. Lockheed Martin
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. MBDA Holdings SAS
      1. Overview
      2. Key Strategies
      3. Key Developments 
    3. Rafael Advanced Defense Systems Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. The Raytheon Company
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Saab AB
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Nammo as
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. Kongsberg Gruppen ASA
      1. Overview
      2. Key Strategies
      3. Key Developments 
    8. Thales Group
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. General Dynamics Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments 
    10. Mesko S.A.
      1. Overview
      2. Key Strategies
      3. Key Developments 
    11. Denel Dynamics
      1. Overview
      2. Key Strategies
      3. Key Developments
    12. Roketsan A.S.
      1. Overview
      2. Key Strategies
      3. Key Developments
  11. SCALAR 360 DEGREE MARKET PERSPECTIVE
  12. APPENDIX
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