Markntel Advisors’ report, Anti-Ballistic Missile System Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Anti-Ballistic Missile System presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Anti-Ballistic Missile System Market Research Report & Market Summary:

The Global Anti-Ballistic Missile System Market size was valued at around USD 12.39 billion in 2024 and is projected to reach USD 19.29 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.66% during the forecast period, i.e., 2025-30. The increase in defense expenditure, the technological development of missiles, and geopolitical tensions driven by growing pressures have widened the market growth. As hypersonic weapons and intercontinental ballistic missiles continue to pose more lethal threats, nations are rapidly fortifying their missile defense partnerships. The solidification of collective defense policies is being adopted by alliances like NATO, QUAD, and AUKUS to neutralize emerging threats. In addition, satellite-based missile defense systems employing satellite-based tracking and early warning systems have been made possible due to advances in technology. To increase missile detection and interception precision, China and Russia are investing in space-based interceptors.

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Anti-Ballistic Missile System Market Dynamics:

Key Driver-

Rising Geopolitical Tensions and Military Conflicts – With increased military actions and geopolitical pressure, anti-ballistic missile defense systems are going around the globe. In the year 2023, global military expenditure reached the high mark of USD 2.44 trillion. Missile defense capability is on a high trend as major powers take interest, while the US has spent more than USD 400 billion. On this trend, China and Russia's hypersonic missiles are stepping up their game of defense in various ways.

North Korean missile tests for ballistic missiles and Iran's missile programs have resulted in Japan, South Korea, and Israel upgrading their ABM systems. Further, Germany's investment in the European Sky Shield Initiative is evidence of how Russia's war with Ukraine has boosted Europe's push for missile defense. Countries are pushing more investment and innovation within the market and more emphasis on space-based monitoring, multi-layered anti-missile defense systems, and AI-driven interception technology due to heightened tensions across the globe.

Anti-Ballistic Missile System Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Platform

• Land-Based- Market Size & Forecast 2020-2030, USD Million
• Sea-Based - Market Size & Forecast 2020-2030, USD Million
• Air-Based- Market Size & Forecast 2020-2030, USD Million
• Space-Based- Market Size & Forecast 2020-2030, USD Million

The land-based anti-ballistic missile system market is roughly 55% of the total. Land-based ABM systems are frequently utilized due to their affordability, scalability, and ability to safeguard crucial locations such as cities, military installations, or infrastructure.

By Component

• Launch Vehicles- Market Size & Forecast 2020-2030, USD Million
• Interceptor Missiles- Market Size & Forecast 2020-2030, USD Million
• Fire Control Systems- Market Size & Forecast 2020-2030, USD Million
• Radars- Market Size & Forecast 2020-2030, USD Million
• Others

By Range

• Short- Market Size & Forecast 2020-2030, USD Million
• Medium- Market Size & Forecast 2020-2030, USD Million
• Intermediate- Market Size & Forecast 2020-2030, USD Million
• Intercontinental- Market Size & Forecast 2020-2030, USD Million

With about 40% of the global market for anti-ballistic missile systems, the intercontinental segment commands the largest share. Since intercontinental ballistic missiles can travel more than 5,500 kilometers and represent a serious threat to national security, their increasing threat is what is causing this dominance.

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific.

As indicated in the latest market research report published by Markntel Advisors, “Anti-Ballistic Missile System Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Anti-Ballistic Missile System industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

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Top Companies Operating in the Anti-Ballistic Missile System Market:

• Lockheed Martin Corporation
• Raytheon Technologies Corporation
• Northrop Grumman Corporation
• Boeing Company
• Israel Aerospace Industries
• General Dynamics Corporation
• MBDA
• Thales Group
• BAE Systems
• Rafael Advanced Defense Systems
• Elbit Systems Ltd.
• China Aerospace Corporation
• Rheinmetall
• Almaz-Antey
•  

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Key Report Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

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