Global Air - To - Air Missile Market 2024-2030

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    AIR – TO – AIR MISSILE MARKET

     

    INTRODUCTION

    A missile launched from an aircraft with the intention of destroying another aircraft is known as an air-to-air missile (AAM). One or more rocket motors, primarily fuelled by solid fuel but occasionally by liquid fuel, are typically used to power AAMs. Broadly speaking, there are two groups of air-to-air missiles. 

     

    Global Air - To - Air Missile Market 2024-2030 1

     

    Short-range or “within visual range” missiles are referred to as “dogfight” missiles because they are built to maximize their agility rather than range and are used to engage adversarial aircraft at ranges of less than 16 km. They are known as heat-seeking missiles and the majority use infrared guidance.

     

    Contrarily, medium- or long-range missiles (MRAAMs or LRAAMs), both of which are classified as beyond visual range missiles (BVRAAMs), frequently rely on radar guidance, despite the fact that there are a lot of different types of radar. 

     

    AIR – TO – AIR MISSILE MARKET SIZE AND FORECAST

     

    The global air – to – air missile market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    AIR – TO – AIR MISSILE MARKET RECENT PARTNERSHIPS

    In order to jointly build Stinger air defense missile components, Tata Advanced Systems and US-based Raytheon Company have inked an agreement of understanding. as a component of our fresh collaborative contract.

     

    The Stinger missile is a man-portable air defense system that functions as an infrared homing surface-to-air missile and has applications against both airborne and surface-to-air targets (SAM).

     

    It may be modified to fire from a variety of aircraft and ground vehicles. Stinger has an advantage over all classes of helicopters, unmanned aerial vehicles (UAVs), cruise missiles, and fixed-wing aircraft in terms of operational efficiency thanks to its supersonic speed, agility, extremely accurate guidance and control system, and devastating warhead.

     

    It is capable of air-to-air combat from both land and sea, in addition to surface-to-air combat.

     

    AIR – TO – AIR MISSILE MARKET RECENT PRODUCT DEVELOPMENT AND INNOVATION

    The Raytheon Technologies Corporation’s Peregrine missile is an air-to-air missile designed to be used against cruise missiles, drones, and manned aircraft. The missiles are inexpensive because they were created using additive manufacturing and easily accessible materials.

     

    They can carry twice as many missiles as modern fighter jets since they are also lighter. Its 6 foot long, relatively small, and lightweight airframe weighs just over 150 pounds.

     

    Due to the system’s small airframe, modern aircraft can carry twice as many weapons, enabling American and allied fighter pilots to fire more missiles and maintain air superiority. It is compatible with current launch hardware and is simple for fourth- and fifth-generation combat jets to operate.

     

    The National Advanced Surface-to-Air Missile System’s Advanced Medium Range Air-to-Air Missile Extended Range variant underwent a successful live-fire test by Raytheon Missiles & Defense and KONGSBERG. The successfully completed test produced crucial flight data that will be applied to enhance upcoming software algorithms for the missile.

     

    The group made use of a brand-new NASAMS launcher that can handle the increased size of AMRAAM-ER. The missile, which is propelled by a rocket motor made by Nammo, allows for intercepts at greater distances and altitudes than existing effectors.

     

    The GKDOAN missile is being developed by Turkey as part of the GKTU program me, which also calls for the development of the BOZDOAN short-range, self-defense missile and the medium-range air-to-air missile, the aforementioned GKDOAN.

     

    During a test firing round, a Turkish Air Force (TUAF) F-16 successfully launched the GKDOAN missile, which successfully brought down an aerial target.

     

    The recently constructed Russian Tupolev Tu-160M supersonic bomber will be able to identify hostile aircraft and missiles in its rear hemisphere and counter them with its own air-to-air missiles.

     

    The new White Swan will be the first aircraft in the world to have this capability. The Tu-160M will be equipped with reverse-launch missiles that it may use to track down and intercept hostile aircraft.

     

    AIR – TO – AIR MISSILE MARKET DYNAMICS

    The Astra Mk-2 and Mk-3 air-to-air missiles are among the Defense Research and Development Organization’s (DRDO) most important ongoing projects and are likely to undergo testing. In an effort to increase its own self-reliance in the defense manufacturing sector, India has for the past two years implemented a phased ban on the import of 310 distinct kinds of weapons and systems.

     

    India is working on two more advanced Astra beyond visual range air-to-air missiles. When ready, one can hit targets at 160 kilometers and the other at almost 300 kilometers, according to senior government officials. The current Astra Mk-1 model has a range of approximately 100 kilometers.

     

    A contract was signed by the defense ministry with Bharat Dynamics Ltd (BDL) to provide the Indian Air Force and Indian Navy with Astra Mk-1 missiles and other equipment. This was viewed as a boost for “Aatma nirbhar Bharat,” or self-reliance, in the defense manufacturing sector.

     

    BDL has received technology from DRDO for the production of the Astra Mk-1 and the systems that go with it. In future air combat, targets will be detected and struck at the greatest distance possible. Increased radar detection ranges and the development of longer-range missiles will result in this. To meet the requirements of the IAF, India must develop missiles like the Astra Mk-2 and Mk-3.

     

    The Meteor, which has a range of approximately 160 kilometers and is considered to be the best in its class in the Western world, and the new Astra variants will put India in the big league, he added. China has developed the PL-15 air-to-air missile, which can hit targets at approximately 200 kilometers.

     

    The Astra Mk-1 missile has been fully integrated into the Sukhoi-30 fighters and will now enhance the capabilities of other combat aircraft, such as the Teas light combat aircraft. Additionally, the Astra Mk-1 missile will be fitted to the navy’s MiG-29K fighters, which are based on India’s sole aircraft carrier, INS Vikram Aditya.

     

    India’s overwhelming reliance on imported weaponry, particularly from Russia, has been made clear by the ongoing Russia-Ukraine conflict, highlighting the urgent need to accelerate the indigenization drive to become self-reliant.

     

    AIR – TO – AIR MISSILE MARKET COMPANY PROFILE

     

    THIS AIR – TO – AIR MISSILE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per global air – to – air missile market right now and how will it change in the next 5-6 years?
    2. Average cost to set up a global air – to – air missile market in the US, Europe and China?
    3. How many global air – to – air missile markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally?
    5. Cost breakup of a global air – to – air missile market and key vendor selection criteria
    6. Where is the global air – to – air missile market  manufactured? What is the average margin per equipment?
    7. Market share of global air – to – air missile market manufacturers and their upcoming products
    8. The most important planned global air – to – air missile market in next 2 years
    9. Details on network of major global air – to – air missile market and pricing plans
    10. Cost advantage for OEMs who manufacture global air – to – air missile market in-house
    11. 5 key predictions for next 5 years in global air – to – air missile market
    12. Average B-2-B global air – to – air missile market price in all segments
    13. Latest trends in global air – to – air missile market, by every market segment
    14. The market size (both volume and value) of the global air – to – air missile market in 2024-2030 and every year in between?
    15. Global production breakup of global air – to – air missile market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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