Stand-off weapons are launched at a long distance from the target to avoid defensive fire from the target area. The products that the system comprises of are tactical missiles, guided rockets, guided ammunition, loitering munition. In another form, these are long-range, high-precision guided weapon that can be launched from a variety of aircraft to achieve pinpoint accuracy for the destruction of high-value targets.
MARKET DYNAMICS
The extreme high precision is driving the growth of the stand-off weapons market. However, the high manufacturing cost may restrain the growth of the stand-off weapons market. Furthermore, the increased research and development investments for technological advancements in defense operations is anticipated to create market opportunities for the stand-off weapons market during the forecast period.
MARKET SCOPE
The "Global Stand-Off Weapons Market Analysis To 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The stand-off weapons market report aims to provide an overview of the stand-off weapons market with detailed market segmentation by product, seeker type, and geography. The global stand-off weapons market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading stand-off weapons market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global stand-off weapons market is segmented on the basis of product and seeker type. Based on product, the stand-off weapons market is segmented into: tactical missiles, guided rockets, guided ammunition, and loitering munition. On the basis of seeker type, the stand-off weapons market is segmented into: GNSS/INS, LLTV, and IIR.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global stand-off weapons market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The stand-off weapons market by each region is later sub-segmented by respective countries and segments. The stand-off weapons market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the stand-off weapons market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the stand-off weapons market in these regions.
MARKET PLAYERS
The reports cover key developments in the stand-off weapons market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from stand-off weapons market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the stand-off weapons market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the stand-off weapons market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BAE Systems
- Denel Dynamics
- Elbit Systems
- Kongsberg Gruppen
- Leonardo S.p.A.
- Lockheed Martin Corporation
- MBDA
- Northrop Grumman
- Raytheon Technologies
- Saab AB
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.