Intercontinental Ballistic Missile

Intercontinental Ballistic Missile

Global Intercontinental Ballistic Missile Market to Reach $15.2 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Intercontinental Ballistic Missile estimated at US$10.7 Billion in the year 2022, is projected to reach a revised size of US$15.2 Billion by 2030, growing at aCAGR of 4.5% over the period 2022-2030. Land-Based, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$9.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Submarine-Based segment is readjusted to a revised 4.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 4.2% CAGR
The Intercontinental Ballistic Missile market in the U.S. is estimated at US$3.2 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2030 trailing a CAGR of 4.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

Select Competitors (Total 42 Featured) -

• BAE Systems PLC
• Defence Research & Development Organisation (DRDO)
• General Dynamics Corporation
• Israel Aerospace Industries (IAI)
• Lockheed Martin Corporation
• MBDA France
• Northrop Grumman Corporation
• Rafael Advanced Defense Systems Ltd.
• Raytheon Company
• Rheinmetall Automotive AG
• Rockwell Collins, Inc.
• Thales Group

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