Missile Composites Market to Reach US$ 141.8 million in 2022
This report, from Stratview Research, studies the missile composites market over the period 2017 to 2022.
(EMAILWIRE.COM, November 24, 2018 )
Stratview Research announces the launch of a new research report on Missile Composites Market by Missile Type (Ballistic Missile and Cruise Missile), by Component Type (Rocket Motor Case, Radome, Propulsion System, Equipment Section, Airframe, and Others), by Material Type (Ceramic Matrix Composites, Glass Fiber-Reinforced Composites, Carbon Fiber-Reinforced Composites, and Others), by Range Type (Short Range, Medium Range, and Long Range), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022.
The Missile Composites Market: Highlights
The Missile Composites Market is likely to exhibit attractive growth opportunities in the entire ecosystem with an expected market size of US$ 141.8 million in 2022. High usage of composites in missiles, increasing procurement for missiles propelled by rising defense budget of the developing economies, and an upgrade of missiles with the adoption of new technologies are some of the key factors proliferating the demand for composites in missiles.
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The missile composites market is segmented based on missile type as Ballistic Missile and Cruise Missile. Ballistic missile currently accounted for a larger share in the missile composites market and is projected to maintain its dominance during the forecast period. Increasing procurement of ballistic missiles owing to their precision-striking and long-distance coverage capabilities coupled with the high usage of composite parts is driving the growth of the segment.
The missile composites market is segmented by Rocket Motor Case, Radome, Propulsion System, Equipment Section, Airframe, and Others. Rocket motor case is projected to remain the most dominant component in the missile composites market during the forecast period.
The supply chain of this market comprises raw material suppliers, composite part fabricators, missile manufacturers, and government defense authorities. The major composite part fabricators for missiles are Meggitt PLC, General Dynamics Corporation, Orbital ATK Inc., Kaman Aerospace Corporation, Matrix Composites, Inc., and San Diego Composites, Inc. These composite part fabricators supply the parts to the missile manufacturers, such as Raytheon, Northrop Grumman, and Lockheed Martin. The buyers of the missiles include defense departments, government bodies, navy forces, armed forces, and others.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the launch of a new research report on Missile Composites Market by Missile Type (Ballistic Missile and Cruise Missile), by Component Type (Rocket Motor Case, Radome, Propulsion System, Equipment Section, Airframe, and Others), by Material Type (Ceramic Matrix Composites, Glass Fiber-Reinforced Composites, Carbon Fiber-Reinforced Composites, and Others), by Range Type (Short Range, Medium Range, and Long Range), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022.
The Missile Composites Market: Highlights
The Missile Composites Market is likely to exhibit attractive growth opportunities in the entire ecosystem with an expected market size of US$ 141.8 million in 2022. High usage of composites in missiles, increasing procurement for missiles propelled by rising defense budget of the developing economies, and an upgrade of missiles with the adoption of new technologies are some of the key factors proliferating the demand for composites in missiles.
Click here to view Table of Contents:-
https://www.stratviewresearch.com/toc/293/missile-composites-market.html
OR
Request a Sample here:-
https://www.stratviewresearch.com/Request-Sample/293/missile-composites-market.html
The missile composites market is segmented based on missile type as Ballistic Missile and Cruise Missile. Ballistic missile currently accounted for a larger share in the missile composites market and is projected to maintain its dominance during the forecast period. Increasing procurement of ballistic missiles owing to their precision-striking and long-distance coverage capabilities coupled with the high usage of composite parts is driving the growth of the segment.
The missile composites market is segmented by Rocket Motor Case, Radome, Propulsion System, Equipment Section, Airframe, and Others. Rocket motor case is projected to remain the most dominant component in the missile composites market during the forecast period.
The supply chain of this market comprises raw material suppliers, composite part fabricators, missile manufacturers, and government defense authorities. The major composite part fabricators for missiles are Meggitt PLC, General Dynamics Corporation, Orbital ATK Inc., Kaman Aerospace Corporation, Matrix Composites, Inc., and San Diego Composites, Inc. These composite part fabricators supply the parts to the missile manufacturers, such as Raytheon, Northrop Grumman, and Lockheed Martin. The buyers of the missiles include defense departments, government bodies, navy forces, armed forces, and others.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results