GLOBAL DECOY MISSILE MARKET

INTRODUCTION

A decoy missile is a cheap, disposable air-launched weapon that fools the most sophisticated integrated air defence systems of the enemy while keeping pilots and aircraft safe.

Passive decoys work by deceiving the eye, as opposed to active decoys, which mimic a target's invisible characteristics like heat or radar signals. 

GLOBAL DECOY MISSILE MARKET SIZE AND FORECAST

The Global Decoy missile market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

Saab introduced a new light-weight decoy missile for the Gripen. As part of the electronic warfare capacity of the Gripen E/F fighter plane, Saab has announced the development of the Lightweight Air-launched Decoy Missile.

The decoy missile and the pod, according to the corporation, will shield the nation's pilots from adversary radars and missiles. For the majority of the difficult missions, this missile will function as a force multiplier and a stand-in jammer. 

For targeting, tracking, fire control, and airborne radar, the decoy missile will be able to obstruct or produce the incorrect target.

By providing both thorough situational awareness and a genuine deterrence effect, their offer to Finland, which combines Gripen E/F and GlobalEye as force multipliers, will secure Finland's citizens and borders.

The decoy missile that we are showcasing will be a potent supplement to the Gripen E/F's inherent electronic attack capabilities. 

The offer to Finland will be strengthened even further by the fact that a significant portion of the new decoy missile's payload was developed in Finland.

It is anticipated that the company's technical centre in Tampere, Finland, would grow and hire more qualified personnel. With the Aalto University in Finland, where more than 10 research projects in the areas of cutting-edge sensors and artificial intelligence are being conducted, Saab has established a technical relationship.

COMPANY PROFILE

• Rafael Advanced Defense Systems
• Saab 
• Israel Aerospace Industries 
• Roketsan 
• Kongsberg Gruppen

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

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