GLOBAL ANTI-ARMOR CLUSTER MISSILE MARKET

INTRODUCTION

A type of missile called an anti-armor cluster missile is intended to pierce or obliterate strongly fortified targets like tanks, armored vehicles, and other heavy targets. Anti-armor cluster missiles, which release several submunitions or bomblets instead of a single warhead like conventional missiles, have a higher probability of striking the target since they may spread across a larger area.

These submunitions are often constructed to pierce the target's armor before detonating, severely damaging the tank or vehicle in the process.

Depending on the precise kind of missile and its intended application, anti-armor cluster missiles may be launched from a variety of platforms, such as airplanes, helicopters, or ground-based launchers.

GLOBAL ANTI-ARMOR CLUSTER MISSILE MARKETSIZE AND FORECAST

The Anti-armor cluster missile accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

RECENT PRODUCT DEVELOPMENT AND INNOVATION

Anti-armor missiles are one of the many military goods produced by renowned defense contractor Lockheed Martin. The AGM-114 Hellfire missile and the FGM-148 Javelin missile are two examples of anti-armor missiles made by Lockheed Martin.

Helicopters and unmanned aerial vehicles (UAVs) may both deploy the precision-guided AGM-114 Hellfire missile. It has been employed in several wars, such as the Gulf War, the Iraq War, and the War in Afghanistan, and is mostly utilized for anti-armor and anti-personnel operations.

A man-portable anti-tank missile system called the FGM-148 Javelin may be fired from a launcher that is placed on the shoulder. It is intended for use against main battle tanks and other enemy armored vehicles. Using a fire-and-forget guiding system, the missile

The "Rockeye" cluster bomb is an anti-armor missile system made by Israel Aerospace Industries (IAI) that may be fired from fighter aircraft. Upon explosion, the missile releases a number of submunitions that are designed to breach armored vehicles and obliterate them.

For many years, the Israeli Air Force and other armed forces throughout the world have employed this technology. It is essential to modern warfare that the Rockeye cluster bomb be used since its main goal is to destroy heavily armored vehicles and fortifications.

Cluster bombs have drawn criticism for their propensity to damage people, and several nations have outlawed their usage as a result.

COMPANY PROFILE

• Lockheed Martin Corporation
• Raytheon Technologies Corporation
• MBDA
• Israel Aerospace Industries
• Denel Dynamics
• Norinco Group

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Anti-armor cluster missile are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Anti-armor cluster missile and key vendor selection criteria
3. Where is the Anti-armor cluster missile manufactured? What is the average margin per unit?
4. Market share of Global Anti-armor cluster missile market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Anti-armor cluster missile in-house
6. key predictions for next 5 years in Global Anti-armor cluster missile market
7. Average B-2-B Anti-armor cluster missile market price in all segments
8. Latest trends in Anti-armor cluster missile market, by every market segment
9. The market size (both volume and value) of the Anti-armor cluster missile market in 2023-2030 and every year in between?
10. Production breakup of Anti-armor cluster missile market, by suppliers and their OEM relationship