DUBLIN, December 9, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/z9zqbs/global_missiles) has announced the addition of the "Global Missiles and Missile Defense Systems Market 2014-2018" report to their offering.
Missiles are self-guided and propelled weapons that can be used for sea, surface, and air strikes. They have the ability to accurately strike targets located thousands of miles away from the site of the missile. Therefore, missiles are mainly used by the military of a country. Missile defense systems can counter the attack of missiles.
The analysts forecast the Global Missiles and Missile Defense Systems market to grow at a CAGR of 3.11 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the Global Missiles and Missile Defense Systems market for the period 2014-2018. To calculate the market size, the report considers the annual revenue generated from sales of missile and missile defense systems to the military for its ground, naval, and airborne operations.
The report, the Global Missiles and Missile Defense Systems Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Missiles and Missile Defense Systems market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Globally, the defense departments of various countries are investing heavily in R&D. In an attempt to improve the existing technology, vendors are developing systems that can help augment the endurance and efficiency of the current weapons in unfavorable conditions. For instance, there has been an increase in the demand for missile defense systems that require low maintenance and can counter explosive threats. Therefore, with the increase in R&D, the demand for advanced missile defense systems is also increasing.
According to the report, the increase in defense budgets is one of the major drivers. Countries such as China, India, Saudi Arabia, and Russia are expected to increase their defense budgets during the forecast period.
Further, the report states that one of the major challenges is the rapid technological advancements taking place in the market. Rapid technological changes are forcing vendors to invest in upgrading their products, resulting in a decline in their profit margins.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Product
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
BAE Systems plc
Aerojet Rocketdyne Inc.
Alliant Techsystems Inc.
BrahMos Aerospace Pvt Ltd.
Kongsberg Defense Systems
Lockheed Martin Corp.
Makeyev Design Bureau
Mectron - Engenharia
Indústria e Comércio SA
Northrop Grumman Corp.
Rafael Advanced Defense Systems Ltd.
Tactical Missiles Corp. JSC
For more information visit http://www.researchandmarkets.com/research/z9zqbs/global_missiles
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SOURCE Research and Markets