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. 

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'sAdvanced Medium Range Air-to-Air Missile Extended Range variantunderwentasuccessfullive-fire testbyRaytheon Missiles & Defense and KONGSBERG.Thesuccessfully completedtestproduced crucialflight data that will beappliedtoenhance upcomingsoftware algorithmsforthe missile.

Thegroup madeuseofabrand-newNASAMS launcher that canhandletheincreasedsizeofAMRAAM-ER.The missile, which ispropelledby a rocket motormadeby Nammo,allows forintercepts atgreater distancesand altitudes thanexistingeffectors.

The GKDOAN missile is being developed by Turkey aspartof the GKTU program me,whichalso callsfor thedevelopmentof the BOZDOAN short-range, self-defense missile and themedium-range air-to-air missile, the aforementionedGKDOAN.

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

• Airbus group 
• Raytheon company
• Thales group
• General dynamics 
• BAE Systems

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

1. What is the average cost perglobal air - to - air missile marketright now and how will it change in the next 5-6 years?
2. Average cost to set up a globalair - to - air missile marketin the US, Europe and China?
3. How manyglobal air - to - air missile marketsare 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 aglobal air - to - air missile marketand key vendor selection criteria
6. Where is theglobal air - to - air missile market manufactured? What is the average margin per equipment?
7. Market share ofglobal air - to - air missile marketmanufacturers and their upcoming products
8. The most important plannedglobal air - to - air missile marketin next 2 years
9. Details on network of majorglobal air - to - air missile marketand pricing plans
10. Cost advantage for OEMs who manufactureglobal air - to - air missile marketin-house
11. 5 key predictions for next 5 years inglobal air - to - air missile market
12. Average B-2-Bglobal air - to - air missile marketprice in all segments
13. Latest trends inglobal air - to - air missile market, by every market segment
14. The market size (both volume and value) of the globalair - to - air missile marketin 2024-2030 and every year in between?
15. Global production breakup ofglobal air - to - air missile market, by suppliers and their OEM relationship