Governments worldwide put emphasis on the healthcare industry to prevent the spread of the COVID-19 virus, which harmed the defense industry's performance.Lockdowns imposed by many countries in response to the rapid spread of the COVID-19 virus impacted activities in the defense, aviation, electronics, and other industries. The outbreak of the COVID-19 pandemic had a notable impact on the missile guidance system market.High cost associated with missile technology and fluctuation in raw material supply cost Technological advancements in guidance systems Growing preference for Automatic Target Recognition (ATR) Missile Systems Increase in developments related to hypersonic missiles Increase in government spending on improvement of current national security systems Launch Platform, Type, End User, and Region Missile Guidance System Industry Report Coverage & Details: Report Coverage The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario. 17, 2023 (GLOBE NEWSWIRE) - According to the report published by Allied Market Research, the global missile guidance system market generated $0.82 billion in 2021, and is estimated to reach $1.3 billion by 2031, witnessing a CAGR of 4.7% from 2022 to 2031.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |