Global Ground Based Midcourse Defense (GMD) System Market 2024-2030

    In Stock

    GROUND BASED MIDCOURSE DEFENSE (GMD) SYSTEM MARKET

     

    KEY FINDINGS

    • Development and proliferation of ballistic missiles by rogue nations and non-state actors are fueling demand for robust missile defense systems like Ground Based Midcourse Defense. Useful investments into advanced technologies, such as enhanced sensor integration capabilities with improved interceptors and fusion data, enhance the effectiveness of the GMD system in detecting, tracking, and intercepting against the ballistic missile threat.
    • Ensuring operational readiness through continued testing, evaluation, and improvements to GMD system components in response to emerging threats and system reliability is driving market growth
    • One of the greatest technical challenges is to develop and integrate effectively advanced technologies such as interceptors, sensors, and command systems into a cohesive, effective defense architecture. This would mean assuring that these elements work together flawlessly under different operational conditions.
    • The large investment involved in the development, fielding, and sustainment of GMD strains the government budgets. This is persistent, as trying to balance the need of having BMD capabilities that would be effective against the fiscal constraints becomes a challenge.
    • There is increased emphasis on interoperability of GMD systems with other missile defense assets, such as Aegis BMD and THAAD, to establish a layer defense architecture.
    • Advanced interceptor technologies are targeted toward improving the response tempo and operational flexibility to bring about quicker reaction times to emerging threats from missiles and reduce decision-to-intercept timelines.
    • Research and development of space-based sensor capabilities for enhanced early warning and tracking of ballistic missile launches to complement ground-based defense systems like GMD.
    • Integrate adaptive and AI-driven technologies for threat assessment and response to allow GMD systems to itself change strategies contextually on a real-time threat analysis and predictive analytics basis.

     

    GROUND BASED MIDCOURSE DEFENSE (GMD) SYSTEM MARKET OVERVIEW

     

    The market for ground-based Midcourse Defense becomes very important in the light of global defense against missiles, as it is largely concentrated on intercepting ballistic missiles during their midcourse phase, that is, beyond the atmosphere of Earth.

     

    It is a market comprising technologies and systems meant for detecting, tracking, discriminating, and intercepting the threat of missiles reaching a destination. These include ground-based interceptors, advanced sensor systems like radars and infrared sensors, command and control infrastructure, and some supporting technologies on data fusion and cybersecurity.

     

    As ballistic missiles proliferate ever faster, and new threat vectors come from so-called rogue states and non-state actors alike, governments around the world make deep investments to strengthen their missile defense capabilities.

     

    The United States stands out in the development and fielding of GMD systems, along with installations at key spots like Fort Greely, Alaska, and Vandenberg Air Force Base, California. International partnerships and collaborations also help dictate the tenor of the market through the process of interoperability involving co-share defense capabilities between partner nations.

     

    GROUND BASED MIDCOURSE DEFENSE (GMD) SYSTEM MARKET INTRODUCTION

     

    Ground-Based Midcourse Defense, earlier named National Missile Defense, is an anti-ballistic missile system deployed for defense against ballistic missiles during the midcourse phase of ballistic trajectory flight. It is a central component of the missile defense strategy against ballistic missiles, which include intercontinental ballistic missiles with nuclear, chemical, biological, or conventional warheads.

     

    The system has two interceptor staging bases in USA, located in Alaska and California. The former hosts 40 staged, while the latter hosts 4 staged for a total of 44 interceptors, with the component early warning sensors, targeting land, sea, and orbital. A 2019 Missile Defense Review had called for 20 additional interceptors to be based at Fort Greely, Alaska, but they have yet to arrive.

     

    GROUND BASED MIDCOURSE DEFENSE (GMD) SYSTEM MARKET SIZE AND FORECAST

     

    GROUND BASED MIDCOURSE DEFENSE (GMD) SYSTEM MARKET

     

     

    The Global Ground Based Midcourse Defense System Market was valued at $XX billion in 2023 and is projected to reach $XX billion by 2030, with a compound annual growth rate (CAGR) of XX% from 2024 to 2030.

     

     

    GROUND BASED MIDCOURSE DEFENSE (GMD) SYSTEM MARKET TECHNOLOGICAL TRENDS

     

    Improved Sensor Integration

    Improved sensor integration in the GMD system market implies the incorporation of advanced sensor technologies to enhance the effectiveness of the GMD system in detecting, tracking, and discriminating against an incoming ballistic missile threat. This would consist of multi-band radar deployment with operations across a varied range of frequency spectrums for coverage and target identification purposes. Infrared sensors play a critical role in detecting and tracking missiles during their midcourse phase, complementing radar systems by providing additional data for accurate threat assessment.

     

    Improved Interceptor Performance

    Improvements to the interceptor performance in the Ground-based Midcourse Defense system market include efficiently developed interceptors that will defeat the ballistic missile threat. Notably, higher velocity interceptors will close the distance to targets more rapidly, thereby reducing engagement timelines and generally improving system effectiveness. Advances in maneuverability features allow interceptors to modify their trajectory and enhance targeting precision against a variety of agile and evasive missile threats.

     

    Data Fusion and Command Systems

    Data Fusion and Command Systems are oriented to the integration of advanced technologies aimed at decision-making and operational effectiveness optimization within the Ground-based Midcourse Defense system marketplace. Such advanced algorithms are employed in fusing data that emanates from multiple sensors, like radars and infrared detectors, to come up with a comprehensive and accurate picture of the Missile threats incoming. The system capability of tracking and discriminating real warheads from decoys or debris is further refined by data fusion from the sensors themselves, aiding satellite surveillance or other ground sensors. The command system makes essentially vital decisions on how to set up intercept missions, execute launches of interceptors, and response strategies against changing threat assessments.

     

    GROUND BASED MIDCOURSE DEFENSE (GMD) SYSTEM MARKET NEW PRODUCT LAUNCH

     

    Next Generation Interceptor

    Lockheed Martin launched its Next Generation Interceptor in support of the Ground-based Midcourse Defense system after it had earned the selection for this assignment from the Missile Defense Agency. The NGI is a meaningful evolution of the Homeland Missile Defense System to protect against LRBM threats from rogue nations. Lockheed Martin was able to deliver a state-of-the-art interceptor that will seamlessly interoperate with the GMD System as the lead integrator. This led the firm to focus on reliability, affordability, and technological improvements in its preparations for the undertaking of NGI for current and future security challenges.

     

    Exoatmospheric Kill Vehicle  (EKV)

    Raytheon Company, an RTX business, announced it completed a critical milestone in the recent test of the Ground-based Midcourse Defense System GMD when the Classic Exoatmospheric Kill Vehicle EKV successfully intercepted an Intermediate-Range Ballistic Missile. Conducted by the US in the Pacific. The test, conducted by the Missile Defense Agency and U.S. Northern Command, became the 13th successful intercept of this program. The test reflected an exceptionally high operational readiness and reliability of the US ballistic missile defense system. Raytheon’s leadership in missile defense technology was once again underlined as it sustains the existing fleet of sensors and interceptors of the Missile Defense Agency while developing next-generation ballistic missile interceptors and kill vehicles. These innovations are in the wake of providing warfighters with improved defense against existing and evolving missile threats.

     

    Underground missile silo

    Boeing, in association with other industry leaders, began working on a project to develop an underground missile silo field in Alaska, aiming to arm it with 20 new anti-ballistic missiles. This move is part of a $6.56-billion, six-year contract geared at boosting the U.S. missile defense. The project worked on extending the Ground-based Midcourse Defense system to include the space segment for intercepting the incoming enemy missiles before they re-enter into the Earth’s atmosphere. The new missile field, just outside an existing GMD site at Fort Greely, Alaska, was specifically chose in view of escalated concerns over North Korea’s advanced missile testing activities. The contract with the customer involved system development, integration, testing, and sustainment. Besides, design changes at the kill vehicle, software upgrades, and improvements in cybersecurity were some of the initiatives to increase the effectiveness and reliability of the GMD system against ballistic missile threats.

     

    GROUND BASED MIDCOURSE DEFENSE (GMD) SYSTEM MARKET SEGMENTATION

    • By Geography
      • U.S
      • Europe
      • China
      • Asia(Ex-China)
      • ROW
    • By Component Type
      • Interceptors
      • Sensor Systems
      • Command and Control (C2)
      • Others
    • By Technology 
      • Advanced Interceptor Technologies
      • Sensor Fusion and Data Processing
      • Cybersecurity Solutions
      • Others
    • By End User
      • Government and Military
      • Commercial and Research
      • Others

     

    GROUND BASED MIDCOURSE DEFENSE (GMD) SYSTEM MARKET COMPANIES PROFILED

    • Boeing
    • Lockheed Martin
    • Raytheon Technologies
    • Northrop Grumman
    • General Dynamics
    • Huntington Ingalls Industries
    • Booz Allen Hamilton
    • BAE Systems

     

    GROUND BASED MIDCOURSE DEFENSE (GMD) SYSTEM MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What are the primary drivers behind the demand for robust missile defense systems like GMD?
    2. How are investments in advanced technologies such as interceptors, sensors, and data fusion enhancing the effectiveness of GMD systems?
    3. What is the projected market value of the Ground-based Midcourse Defense (GMD) system market by [specific year], considering factors such as escalating ballistic missile threats, investments in advanced technologies, and strategic deployments?
    4. What is the average B2B price range for Ground-based Midcourse Defense (GMD) system components such as interceptors, sensor systems, and command infrastructure, considering factors like technological sophistication and strategic deployment locations?
    5. Where are strategic deployments of GMD systems located, and how do they bolster national defense capabilities against ballistic missile threats?
    6. What are the ongoing efforts and strategies to maintain operational readiness and enhance the reliability of GMD systems?
    7. What are the technical challenges associated with developing and integrating advanced technologies into GMD systems, and how are they being addressed?
    8. How do the high costs associated with GMD systems impact government budgets, and what strategies are being employed to balance fiscal constraints with defense requirements?
    9. What initiatives are underway to enhance interoperability between GMD systems and other missile defense assets, and what benefits does this layered defense architecture offer?
    10. How are advancements in interceptor technologies improving response times and operational flexibility within GMD systems?
    11. What role do space-based sensors play in enhancing early warning capabilities for GMD systems, and how do they complement ground-based defenses?
    12. How are adaptive and AI-driven technologies being integrated into GMD systems to enhance threat assessment and response capabilities?
    Sr.N Topic
    1 Market Segmentation
    2 Scope of the report
    3 Research Methodology
    4 Executive Summary
    5 Average B2B by price 
    6 Introduction
    7 Insights from Industry stakeholders
    8 Key Drivers for ground-based midcourse defense (gmd) system market
    9 Disruptive Innovation in the Industry
    10 Overview of ground-based midcourse defense (gmd) system market
    11 Consumer midcourse defense
    12 Consumer trends in the industry
    13 Recent technological trends in ground-based midcourse defense (gmd) system market
    14 SWOT Analysis of Key Market Players
    15 New product development in the past 12 months
    16 Market Size, Dynamics, and Forecast by Geography , 2024-2030
    17 Market Size, Dynamics, and Forecast by Component Type  , 2024-2030
    18 Market Size, Dynamics, and Forecast by Technology, 2024-2030
    19 Market Size, Dynamics, and Forecast by End User, 2024-2030
    20 Competitive landscape
    21 Gross margin and average profitability of suppliers
    22 Merger and Acquisition  in the past 12 months
    23 Growth strategy of leading players
    24 Market share of vendors, 2023
    25 Market Company Profiles 
    26 Unmet needs and opportunities for new suppliers
    27 Conclusion
    0
      0
      Your Cart
      Your cart is emptyReturn to Shop