Shoulder Fired Anti Tank Market Worth $3.2 Billion by 2020
DALLAS, March 3, 2014
DALLAS, March 3, 2014 /PRNewswire/ --
According to the new report " Shoulder Fired Anti-Tank , Anti-Aircraft
Short Range Missiles and RPG Market - Global Forecasts and Analysis to
2014 - 2020" , published by MarketsandMarkets, Shoulder Anti-tank,
Anti-aircraft short range missile and RPG market is expected to register
growth with a CAGR of 6.03%, and reach $3.2 Billion by the end of 2020.
Browse more than 57 market data tables with 25 figures spread through 160
pages and in-depth TOC on "Shoulder Fired Anti-Tank, Anti-Aircraft Short Range
Missiles and RPG Market"
Early buyers will receive 10% customization on this report.
This report provides a market analysis of the Global Shoulder Fired Anti-Tank,
Anti-Aircraft and RPG market over the next six years. It provides detailed
analysis of both historic and forecast global industry values, factors
influencing demand, the challenges faced by industry participants, analysis of
the leading companies in the industry, and other key news. The report also
analyzes the market share on the basis of Surface to Surface missile and
Surface to Air missile. It provides information about the leading competitors
in the global Anti-Tank and Anti-Aircraft market and apart from a general
overview of these companies, it also provides details on their financial
positions, key products, their unique selling points and key developments.
This research report also segments the market on the basis of products, types,
application and geography, country, forecasting revenues, market share and
analyzing trends in each of the sub segments.
The global Shoulder Anti-Tank, Anti-Aircraft Short Range Missile And
RPG Market is expected to register growth with a CAGR of 6.03%, and reach
$3.2 billion by the end of 2020. Self-Reliance and Man Preferred guided system
remain the driving factors for the global anti-tank and anti-aircraft short
range missile market. This market is expected to produce around $1.9 million
weapons by the end of 2020.
Due to economic downturn, major countries like U.S. and U.K. are witnessing
economic difficulties. The US has witnessed budget cuts in the recent past and
it is likely to continue in the near future, it has announced a budget cut of
US$ 178 billion during 2011-2015. Any budget cut in these countries could slow
down the defense industry. Brazil, India, South Korea, China, and Japan are
the new leaders in their region, due to their defense spending and their
current national security situation. Key players like Raytheon, Rafael
Advanced Defense Systems Ltd, Raytheon Company Alliant Techsystems (ATK),
MBDA, and Lockheed Martin play a major role in the industry.
Changes in Technology are likely to move anti-tank missiles from unguided to
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