GLOBAL TACTICAL BALLISTIC MISSILE MARKET

INTRODUCTION

 A ballistic missile created for short-range warfare use is known as a tactical ballistic missile (TBM) or battlefield range ballistic missile (BRBM). Range is often less than 300 kilometres. Often carrying a range of warheads to target enemy installations, assembly points, artillery, and other targets behind the front lines, tactical ballistic missiles are mobile to ensure survival and rapid deployment.

Chemical, biological, nuclear, and conventional high explosive warheads are some examples of warheads. Contrary to strategic rockets, tactical nuclear weapons typically have a lower overall yield.Between conventional rocket artillery and shorter-range short-range ballistic missiles, tactical ballistic missiles bridge the gap.

Compared to rockets or cannon artillery, tactical missiles can transport large payloads far behind enemy lines, and they also move more easily and cost less than more strategic theatre missiles. Tactical missiles are also more adapted to reacting to changes in the battlefield because of their mobility.

GLOBAL TACTICAL BALLISTIC MISSILE MARKET SIZE AND FORECAST

 The Global Tactical ballistic 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.

RECENT DEVELOPMENT

Pralay — India’s first tactical quasi-ballistic missile, a step towards own rocket force.The Indian military now has the weight to its warfighting capabilities thanks to the Defence Ministry's choice to purchase the indigenous Pralay short-range ballistic surface-to-surface (SRBM) missile, a conventional weapon that has become ready for induction.

The missile, which will be the country's first tactical quasi-ballistic missile, will enable the armed forces to strike strategic installations and enemy locations in actual conflict zones.

Only conventional missiles would fall under the projected Rocket Force as and when it is ready, according to sources in the defence establishment, while nuclear weapons would continue to fall under the purview of the Strategic Forces Command.

Pralay was formed by combining elements from several missile programmes, including the K-series of submarine-launched ballistic missiles and the ballistic defence shield programme.

The canisterised Pralay missile, with a range of 150-500 kilometres, was developed in response to the Army's desire to arm itself with a tactical conventional missile that could be used on the battlefield.

COMPANY PROFILE

• BAE Systems PLC
• General Dynamic Corporation
• Northrop Grumman Corporation
• Lockheed Martin Corporation
• The Boeing Company

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

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