Published Year: 2023
Missile Tracking Systems Market - A Global and Regional Analysis: Focus on Application, Platform, an
The global missile tracking systems market is projected to reach $117.50 billion by 2033 from...
Market Research Report
A quick peek into the report
Table of Contents
1.1 Industry Outlook
1.1.1 Missile Tracking Systems Market: Overview
1.1.2 Evolving Missile Tracking Technologies in the Defense Industry
1.1.3 On-going and Upcoming Programs
1.1.3.1 Hypersonic and Ballistic Tracking Space Sensor (HBTSS)
1.1.3.2 Proliferated Warfighter Space Architecture (PWSA)
1.1.4 Future Technological Trends
1.1.4.1 Artificial Intelligence
1.1.4.2 Over-the-Horizon Radar
1.1.5 Comparative Analysis of Different Platforms
1.1.5.1 Ground-based Missile Tracking Systems
1.1.5.2 Naval-based Missile Tracking Systems
1.1.6 Value Chain Analysis
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Geopolitical Conflicts and Tensions
1.2.1.2 Emerging Hypersonic Armament Capabilities
1.2.1.3 Replacement of Legacy Systems
1.2.2 Business Challenges
1.2.2.1 Advancements in Stealth Technologies
1.2.2.2 Complex Sensor Integration
1.2.2.3 Efficient Data Transmission
1.2.3 Business Opportunities
1.2.3.1 AI and ML Integration
1.2.3.2 Directed Energy Weapons
1.3 Business Strategies
1.3.1 Partnerships, Collaborations, Agreements, and Contracts
1.3.2 Market Developments
2.1 Missile Tracking Systems Market (by Region)
2.2 Europe
2.2.1 Market
2.2.1.1 Key Manufacturers in Europe
2.2.1.2 Business Drivers
2.2.1.3 Business Challenges
2.2.2 Application
2.2.2.1 Europe Missile Tracking Systems Market (by Application)
2.2.3 Product
2.2.3.1 Europe Missile Tracking Systems Market (by Platform)
2.2.4 Europe (by Country)
2.2.4.1 U.K.
2.2.4.1.1 Market
2.2.4.1.1.1 Key Manufacturers in the U.K.
2.2.4.1.2 Application
2.2.4.1.2.1 U.K. Missile Tracking Systems Market (by Application)
2.2.4.1.3 Product
2.2.4.1.3.1 U.K. Missile Tracking Systems Market (by Platform)
2.2.4.2 France
2.2.4.2.1 Market
2.2.4.2.1.1 Key Manufacturers in France
2.2.4.2.2 Application
2.2.4.2.2.1 France Missile Tracking Systems Market (by Application)
2.2.4.2.3 Product
2.2.4.2.3.1 France Missile Tracking Systems Market (by Platform)
2.2.4.3 Germany
2.2.4.3.1 Market
2.2.4.3.1.1 Key Manufacturers in Germany
2.2.4.3.2 Application
2.2.4.3.2.1 Germany Missile Tracking Systems Market (by Application)
2.2.4.3.3 Product
2.2.4.3.3.1 Germany Missile Tracking Systems Market (by Platform)
2.2.4.4 Russia
2.2.4.4.1 Market
2.2.4.4.1.1 Key Manufacturers in Russia
2.2.4.4.2 Application
2.2.4.4.2.1 Russia Missile Tracking Systems Market (by Application)
2.2.4.4.3 Product
2.2.4.4.3.1 Russia Missile Tracking Systems Market (by Platform)
2.2.4.5 Rest-of-Europe
2.2.4.5.1 Application
2.2.4.5.1.1 Rest-of-Europe Missile Tracking Systems Market (by Application)
2.2.4.5.2 Product
2.2.4.5.2.1 Rest-of-Europe Missile Tracking Systems Market (by Platform)
3.1 Market Share Analysis
3.2 Company Profiles
3.2.1 Thales
3.2.1.1 Company Overview
3.2.1.1.1 Role of Thales in the Missile Tracking Systems Market
3.2.1.1.2 Product Portfolio
3.2.1.2 Corporate Strategies
3.2.1.2.1 Partnerships, Collaborations, Agreements, and Contracts
3.2.1.3 Analyst View
3.2.2 Leonardo S.p.A.
3.2.2.1 Company Overview
3.2.2.1.1 Role of Leonardo S.p.A. in the Missile Tracking Systems Market
3.2.2.1.2 Product Portfolio
3.2.2.2 Business Strategies
3.2.2.2.1 Market Developments
3.2.2.3 Analyst View
3.2.3 BAE Systems
3.2.3.1 Company Overview
3.2.3.1.1 Role of BAE Systems in the Missile Tracking Systems Market
3.2.3.1.2 Product Portfolio
3.2.3.2 Corporate Strategies
3.2.3.2.1 Partnerships, Collaborations, Agreements, and Contracts
3.2.3.3 Analyst View
3.2.4 Weibel Scientific A/S
3.2.4.1 Company Overview
3.2.4.1.1 Role of Weibel Scientific A/S in the Missile Tracking Systems Market
3.2.4.1.2 Product Portfolio
3.2.4.2 Analyst View
3.2.5 ASELSAN A.?.
3.2.5.1 Company Overview
3.2.5.1.1 Role of ASELSAN A.?. in the Missile Tracking Systems Market
3.2.5.1.2 Product Portfolio
3.2.5.2 Analyst View
4.1 Growth Opportunities
4.1.1 Growth Opportunity: Adoption of 3D Printing in Systems Manufacturing
4.1.1.1 Recommendations
4.1.2 Growth Opportunity: Enhanced Missile Tracking Capabilities with IoT Integration
4.1.2.1 Recommendations
5.1 Factors for Data Prediction and Modeling
Table 1: Ground-based Missile Tracking Systems
Table 2: Naval-based Missile Tracking Systems
Table 3: Category of Missile Tracking Systems Platform Manufacturers
Table 4: Missile Tracking Systems Platform Manufacturers’ Developments
Table 5: Category of Payload/Component Facilitators
Table 6: Partnerships, Collaborations, Agreements, and Contracts, January 2021-October 2023
Table 7: Market Developments, January 2021-October 2023
Table 8: Missile Tracking Systems Market (by Region), $Billion, 2022-2033
Table 9: Europe Missile Tracking Systems Market (by Application), $Billion, 2022-2033
Table 10: Europe Missile Tracking Systems Market (by Platform), $Billion, 2022-2033
Table 11: U.K. Missile Tracking Systems Market (by Application), $Billion, 2022-2033
Table 12: U.K. Missile Tracking Systems Market (by Platform), $Billion, 2022-2033
Table 13: France Missile Tracking Systems Market (by Application), $Billion, 2022-2033
Table 14: France Missile Tracking Systems Market (by Platform), $Billion, 2022-2033
Table 15: Germany Missile Tracking Systems Market (by Application), $Billion, 2022-2033
Table 16: Germany Missile Tracking Systems Market (by Platform), $Billion, 2022-2033
Table 17: Russia Missile Tracking Systems Market (by Application), $Billion, 2022-2033
Table 18: Russia Missile Tracking Systems Market (by Platform), $Billion, 2022-2033
Table 19: Rest-of-Europe Missile Tracking Systems Market (by Application), $Billion, 2022-2033
Table 20: Rest-of-Europe Missile Tracking Systems Market (by Platform), $Billion, 2022-2033
Table 21: Thales: Product Portfolio
Table 22: Thales: Partnerships, Collaborations, Agreements, and Contracts
Table 23: Leonardo S.p.A.: Product Portfolio
Table 24: Leonardo S.p.A.: Market Developments
Table 25: BAE Systems: Product Portfolio
Table 26: BAE Systems: Partnerships, Collaborations, Agreements, and Contracts
Table 27: Weibel Scientific A/S: Product Portfolio
Table 28: ASELSAN A.?.: Product Portfolio
Figure 1: Missile Tracking Systems Market, $Billion, 2022-2033
Figure 2: Share of Missile Tracking Systems Market (by Region), $Billion, 2033
Figure 3: Cost Analysis by Platform
Figure 4: Missile Tracking Systems Market (by Application), $Billion, 2023 and 2033
Figure 5: Market Share Analysis, by Space-based Missile Tracking Systems Platform
Figure 6: Missile Tracking Systems Value Chain
Figure 7: Missile Tracking Systems Market, Business Dynamics
Figure 8: Share of Key Business Strategies and Developments, January 2021- October 2023
Figure 9: Missile Tracking Systems Market in Defense Share (by Company), 2022
Figure 10: Missile Tracking Systems Market in Defense Share (by Company),2022
Figure 11: Missile Tracking Systems Market in Defense Share (by Company),2022
Figure 12: Missile Tracking Systems Market in Defense Share (by Company),2022
Figure 13: Research Methodology
Figure 14: Top-Down and Bottom-Up Approach
Figure 15: Assumptions and Limitations
Europe Missile Tracking Systems Market Report Coverage
|
Europe Missile Tracking Systems Market |
|||
|
Base Year |
2022 |
Market Size in 2023 |
$21.34 Billion |
|
Forecast Period |
2023-2033 |
Value Projection and Estimation by 2033 |
$35.26 Billion |
|
CAGR During Forecast Period |
5.15% |
|
|
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights gathered from primary experts.
Some prominent names established in this market are:
• Thales
• Leonardo S.p.A.
• BAE Systems
• Weibel Scientific A/S
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different types of products available for deployment and their potential in Europe region. Moreover, the study provides the reader with a detailed understanding of the missile tracking systems market by application on the basis of application (target acquisition, air defense, space domain awareness, and early warning capabilities) and product on the basis of platform (space-based missile defense systems, ground-based missile defense systems, naval-based missile defense systems, and airborne-based missile defense systems).
Growth/Marketing Strategy: The missile tracking systems market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been partnerships and contracts to strengthen their position in the missile tracking systems market.
Competitive Strategy: Key players in the missile tracking systems market analyzed and profiled in the study involve major missile tracking systems offering companies providing missile tracking systems for the purpose. Moreover, a detailed competitive benchmarking of the players operating in the missile tracking systems market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Methodology: The research methodology design adopted for this specific study includes a mix of data collected from primary and secondary data sources. Both primary resources (key players, market leaders, and in-house experts) and secondary research (a host of paid and unpaid databases), along with analytical tools, are employed to build the predictive and forecast models.
Introduction to Europe Missile Tracking Systems Market
The Europe missile tracking systems market is projected to reach $35.26 billion by 2033 from $21.34 billion in 2023, growing at a CAGR of 5.15% during the forecast period 2023-2033.The journey of missile tracking systems' evolution unfolds as a fascinating narrative of technological advancements, propelled by the imperative for precision and effectiveness in contemporary warfare. In World War II, radar technology brought about a revolutionary shift in detecting and tracking approaching enemy aircraft. As scientists and engineers recognized radar's potential for tracking not only airplanes but also missiles, it marked the inception of early missile tracking systems. However, these initial systems were rudimentary compared to today's sophisticated technology. Throughout the Cold War, there was a significant evolution in missile tracking systems, driven by the global competition between superpowers to develop more potent and accurate solutions in response to the escalating threat posed by intercontinental ballistic missiles (ICBMs), subsonic and supersonic missiles, and the latest entrant, hypersonic missiles. This era saw the establishment of advanced missile-tracking radar networks like the Ballistic Missile Early Warning System (BMEWS) and its Soviet counterpart, capable of detecting and tracking ICBMs across vast distances. Subsequent integration of satellite-based systems, GPS sensors, and infrared sensors further enhanced missile tracking capabilities, enabling more precise detection and interception of missiles.
Market Introduction
The European Missile Tracking Systems Market is experiencing a dynamic shift due to geopolitical tensions and ongoing advancements in missile technology. Recognizing the crucial role of robust missile tracking systems for regional security, there is an increased demand for advanced solutions capable of precisely detecting, tracking, and intercepting missiles. European nations are heavily investing in cutting-edge technologies such as radar systems, infrared sensors, and satellite-based tracking to enhance their missile defense capabilities. Prioritizing factors like interoperability, scalability, and cyber resilience is advised when selecting missile tracking systems. Collaborative efforts among European countries and industry stakeholders are crucial for an efficient defense against emerging missile threats. Staying informed about technological advancements and regulatory changes is essential for navigating the evolving landscape of the European Missile Tracking Systems Market.
Market Segmentation:
Segmentation 1: by Application
• Target Acquisition
• Air Defense
• Space Domain Awareness
• Early Warning Capabilities
Segmentation 2: by Platform
• Space-Based Missile Tracking Systems
• Ground-Based Missile Tracking Systems
• Naval-Based Missile Tracking Systems
• Airborne-Based Missile Tracking Systems
Segmentation 3: by Country
• U.K.
• Germany
• France
• Russia
• Rest-of-Europe
Europe Missile Tracking Systems Market
Analysis and Forecast, 2023-2033
Some Faq's
Frequently Asked Questions
Missile tracking systems typically use radar, infrared sensors, and satellite technology to detect, track, and intercept missiles. Radars identify the missile's location, while infrared sensors detect its heat signature. Satellite data enhances tracking accuracy. This information is processed to provide real-time data for effective defense measures against incoming missiles.
Companies developing missile tracking systems, companies offering missile tracking system components, and defense organizations should buy this report. Additionally, stakeholders from the defense industry should also buy this report to get insights into the demand for emerging missile tracking systems and the benefits they could derive from it.
Missiles employ various sensors for guidance and targeting, including inertial navigation systems, GPS receivers, and radar sensors. Infrared seekers detect heat signatures for homing in on targets, while imaging infrared sensors provide visual information. Additionally, active radar seekers enable tracking and engagement, contributing to the missile's precision and effectiveness.
The Global Missile Tracking Systems Market was valued at $67.48 billion in 2022, and it is expected to grow at a CAGR of 5.11% from 2023-2033.
The technological advancements in Missile Tracking Systems focus on integrating radar, infrared sensors, and satellite technology. Innovations in sensor capabilities, data processing, and machine learning enhance the precision and responsiveness of these systems, effectively addressing evolving missile threats and providing real-time, accurate data for effective defense measures.
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