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Global Anti-Ship Missile Defence System Market 2016-2020

About Anti-Ship Missiles

Anti-ship missiles are guided missile systems, which are designed to be deployed against combat ships and large naval boats. To counter these missiles, anti-ship missile defense systems come into play. They consist of missile interceptors, close-in weapon systems (CIWS), decoy systems, electronic warfare (EW) equipment, and anti-aircraft guns.

Technavio’s analysts forecast the global anti-ship missile defense system market to grow at a CAGR of 6.56% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global anti-ship missile defense system market for 2016-2020. The report discusses the major drivers influencing market growth and the challenges faced by vendors and the market as a whole. It also examines key emerging trends and their influence on current and future market scenarios.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Anti-Ship Missile Defense System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BAE Systems
  • General Dynamics
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon
Other prominent vendors
  • Finmeccanica
  • MBDA
  • Rafael Advanced Defense Systems
  • Saab AB
  • Thales
Market driver
  • High demand for laser anti-ship missile defense systems
  • For a full, detailed list, view our report
Market challenge
  • Defense budget cuts
  • For a full, detailed list, view our report
Market trend
  • Modernization of naval combat systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Anti-Ship Missile Defense System Market 2016-2020

Technavio recognizes the following companies as the key players in the global anti-ship missile defense system market: BAE Systems, General Dynamics, Lockheed Martin, Northrop Grumman, and Raytheon.

Other Prominent Vendors in the market are: Finmeccanica, MBDA, Rafael Advanced Defense Systems, Saab AB, and Thales.

Commenting on the report, an analyst from Technavio’s team said: “Modernization of naval combat systems will be a key trend for market growth. In early 1973, Lockheed Martin developed a centralized, automated, and command-and-control (C2) weapon system known as the Aegis Weapon System (AWS) for the US Navy. It was equipped with the AN/SPY-1 radar, a high-powered and multifunction phased-array radar that can automatically detect and track over 100 targets (static and mobile). Simultaneous operations against multi-mission threats such as anti-air missile defense, anti-surface missile defense, and anti-submarine warfare could be controlled via the computer-based command and decision element of this system.”

According to the report, increasing research and development investments will be a key driver for market growth. R&D is a pre-requisite for the development of anti-ship missile defense systems and the maintenance of global competitiveness in the market. Currently, developed regions like the Americas and Europe are investing heavily in the procurement and development of these systems, fueling the growth of the market.

Further, the report states that cost overruns and test failures are major challenges that many defense organizations are facing currently. Over the last decade, many of the missile defense system development programs were cancelled or delayed due to aforementioned reasons. For instance, in February 2016, the US Navy terminated its advanced anti-ship cruise missile target program due to increasing cost overruns and test failures. This has created an ambiguity in understanding the advanced cruise missile withstanding capabilities of the existing US Navy ships. Such terminations also expose defense contractors to significant risk as these companies also make substantial investments during the tests phases of government funded programs.

Companies Mentioned

BAE Systems, General Dynamics, Lockheed Martin, Northrop Grumman, Raytheon, Finmeccanica, MBDA, Rafael Advanced Defense Systems, Saab AB, Thales.

  • Executive summary
    • Highlights
    • Key takeaways
      • Table Key takeaways of the global anti-ship missile defense system market
    • Anti-ship missile defense systems: An overview
      • Table Major anti-ship missile defense programs
  • Scope of the report
    • Market overview
    • Top competitor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Examples of ships equipped with missile defense systems
  • Market landscape
    • Market overview
      • Table Segmentation of global anti-ship missile defense system market
    • Market size and forecast
      • Table Global anti-ship missile defense system market ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by component
    • Market share by component
      • Table Market share by component in 2015 and 2020
    • Market segmentation by revenue
      • Table Market segmentation by revenue ($ billions)
    • Global anti-ship missile defense radar system market
      • Table Global anti-ship missile defense radar system market ($ billions)
    • Global anti-ship missile interceptor system market
      • Table Global anti-ship missile interceptor system market ($ billions)
  • Geographical segmentation
    • Market share by geography
      • Table Market share by geography in 2015 and in 2020
    • Geographical segmentation by revenue
      • Table Geographical segmentation by revenue ($ billions)
    • Anti-ship missile defense system market in APAC
      • Table Anti-ship missile defense system market in APAC ($ billions)
    • Anti-ship missile defense system market in the Americas
      • Table Anti-ship missile defense system market in the Americas ($ billions)
    • Anti-ship missile defense system market in EMEA
      • Table Anti-ship missile defense system market in EMEA ($ billions)
  • Market drivers
    • Table Attributes of laser weapon systems
    • Table Types of DEW used to defend anti-ship missiles
    • Table Impact of increasing R&D investments
    • Greater emphasis on maritime border security
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Defense budget cuts
      • Table Effects of defense budget cuts
    • Issues associated with integration of new technologies
      • Table Effect of rapid technological advances
    • Delays and project cancellations
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Modernization of naval combat systems
      • Table Modernization of naval vessels
    • Transition to SBX-band radar
      • Table Radar frequency bands
    • Emergence of long-range anti-ship missiles
      • Table Specification of LRASM
  • Competitor landscape
    • Competitive scenario
      • Table List of competitors in the global anti-ship missile defense system market
      • Table Major competitors: Benchmarking
    • BAE Systems
      • Table BAE Systems: Business segmentation by revenue in 2015 (%)
      • Table BAE Systems: Business segmentation by revenue in 2014 and 2015 ($ billions)
      • Table BAE Systems: Geographical segmentation by revenue in 2015 (%)
    • General Dynamics
      • Table General Dynamics: Business segmentation by revenue in 2015 (%)
      • Table General Dynamics: Business segmentation by revenue in 2014 and 2015 ($ billions)
      • Table General Dynamics: Geographical segmentation by revenue in 2015 (%)
    • Lockheed Martin
      • Table Key product portfolio
      • Table Lockheed Martin: Business segmentation by revenue in 2015 (%)
      • Table Lockheed Martin: Business segmentation by revenue in 2014 and 2015 ($ billions)
    • Northrop Grumman
      • Table Key product portfolio
      • Table Northrop Grumman: Business segmentation in 2015 (%)
      • Table Northrop Grumman: Business segmentation by revenue in 2014 and 2015 ($ billions)
      • Table Northrop Grumman: Customer segmentation by revenue in 2015 (%)
    • Raytheon
      • Table Key product portfolio
      • Table Raytheon: Business segmentation by revenue in 2015 (%)
      • Table Raytheon: Business segmentation by revenue in 2014 and 2015 ($ billions)
      • Table Raytheon: Geographical segmentation by revenue in 2015 (%)
    • Key recent developments of the major competitors
      • Table Key recent developments of the major competitors
    • Other prominent competitors
      • Table Profiles of other prominent competitors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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