Global Missile Defense System Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020–23

Forecast Years: 2025-2030

The Global Missile Defense System Market size is valued at USD 27.81 billion in 2024 and is projected to reach USD 33.60 billion in 2030. Along with this, the market is estimated to grow at a CAGR of around 4.1% during the forecast period.

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Global Missile Defense System Market Dynamics: 2025-2030

Global Missile Defense System Market Opportunity:

Strategic Alliances between Defense Contractors and Governments to Boost Missile Defense Systems Market Growth –Defense contractors and governments have been forming strategic alliances to meet evolving missile threats emerging across the globe. The partnerships have been made to share the new technologies and surge the pooling of overall military sources. These partnerships include technology transfer agreements, joint ventures, and co-development programs, expanding the reach of countries by providing them with a wide array of resources. For Instance, The U.S. government has signed an MOU with Israel to provide a total of USD38 billion in military aid over 10 years with USD5 billion for missile defense systems.

Hence, defense contractors and governments have been forming alliances for the development and integration of missile defense systems that could protect against a wide array of threats from short-range ballistic missiles to hypersonic glide vehicles. With these increasing partnerships and alliances across the world, demand and adoption of missile defense systems are expected to see a steep rise across many countries, including Israel, India, the US, Japan, and more, over the next few years. This increasing demand, in turn, is expected to create immense opportunities in the Global Missile Defense System Market.

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Global Missile Defense System Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Component

-Weapon System- Market Size & Forecast 2020-2030, USD Million

--Turret System- Market Size & Forecast 2020-2030, USD Million

--Missile Launcher- Market Size & Forecast 2020-2030, USD Million

-Fire Control System- Market Size & Forecast 2020-2030, USD Million

-Radar Systems- Market Size & Forecast 2020-2030, USD Million

-Command & Control System- Market Size & Forecast 2020-2030, USD Million

-Others (Combat System, Early Warning System, etc.)- Market Size & Forecast 2020-2030, USD Million

By Platform

-Airborne- Market Size & Forecast 2020-2030, USD Million

-Land- Market Size & Forecast 2020-2030, USD Million

-Naval- Market Size & Forecast 2020-2030, USD Million

Based on the platform, the land segment holds a substantial market share of the global market. 

By Range

-Short Range- Market Size & Forecast 2020-2030, USD Million

-Medium Range- Market Size & Forecast 2020-2030, USD Million

-Long Range- Market Size & Forecast 2020-2030, USD Million

By Threat Type

-Subsonic Missile- Market Size & Forecast 2020-2030, USD Million

-Supersonic Missile- Market Size & Forecast 2020-2030, USD Million

-Hypersonic Missile- Market Size & Forecast 2020-2030, USD Million

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific.

Of them all, North America is anticipated to dominate the market with the largest market share during the forecast period.

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Top Companies Operating in the Global Missile Defense System Market:

-BAE Systems

-Leonardo S.p.A.

-Saab AB

-Israel Aerospace Industries Limited (IAI)

-Lockheed Martin Corporation

-Rheinmetall AG

-Thales Group

-Raytheon Technologies Corporation

-MBDA Inc.

-Northrop Grumman Corporation

-ASELSAN A.Ş.

-Kongsberg Defence & Aerospace

-Leidos

-Rafael Advanced Defense Systems

-China Aerospace Science and Technology Corporation.

Industry Recent Development:

• In 2024: Raytheon was awarded around USD478 million contract from the NATO Support and Procurement Agency (NSPA) to supply additional GEM-T missiles to Germany.
• In 2023: Leonardo S.p.A. launched new defence systems called the LIONFISH® 30 and the HITFIST® 30 UL for naval platforms and land vehicles.

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