Technavio Announces the Publication of its Research Report – Global Intercontinental Ballistic Missile (ICBM) Market 2016-2020 Technavio recognizes the following companies as the key players in the Global Intercontinental Ballistic Missile Market: BAE Systems, Boeing, General Dynamics, Lockheed Martin, and Northrop Grumman.

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Global Intercontinental Ballistic Missile Market Share, Size,
Trends, Growth, Analysis, Outlook and Overview Research
Report
Technavio Announces the Publication of its Research Report – Global Intercontinental Ballistic Missile
(ICBM) Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Intercontinental Ballistic
Missile Market: BAE Systems, Boeing, General Dynamics, Lockheed Martin, and Northrop Grumman.
Other Prominent Vendors in the market are: China Academy of Launch Vehicle Technology, Orbital ATK,
Rafael Advanced Defense Systems, Raytheon, and Rockwell Collins.
Commenting on the report, an analyst from Technavio’ s team said: “A new trend in this market is the
emergence of smokeless missiles. Chemring Defence, a prominent vendor of the market, signed a
contract worth over $40 million, with the MOD to develop a multiple effect rocket system, MERS, that
can fire missiles without emitting any smoke. The advanced missile system does not allow the detection
of the origin of missiles, thereby reducing the risks of enemy attacks.”
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2020
According to the report, a key driver which is driving market growth is the rise in R& D investments. R&D
is a pre requisite for the development of ICBM systems and maintenance of global competitiveness in
the market. Of late, regions like the Americas and Europe have made high investments in R&D and
procurement of missile systems for strengthening their border security.

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Further, the report states that one challenge that will likely hamper market growth is an increase in
defense budget cuts.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors in the report global defense
intercontinental ballistic missile market
About the Intercontinental Ballistic Missiles Market
Intercontinental Ballistic Missiles are guided ballistic missiles with a minimum range of 3,400 miles,
which are designed for the delivery of one or more nuclear warheads. They have greater range and
speed than other ballistic missiles, such as intermediate-range ballistic missiles (IRBMs), medium-range
ballistic missiles (MRBMs), and short-range ballistic missiles (SRBMs).
Technavio’ s analysts forecast the global ICBM market to grow at a CAGR of 5.8% during the period
2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global ICBM market for 2016-
2020. The report provides a comprehensive overview, market shares and growth opportunities by type
(land based and submarine based), and growth prospects by region (the Americas, APAC, and EMEA).
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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global ICBM Market 2016-2020, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the key vendors operating in
this market.
Key vendors
• BAE Systems
• Boeing
• General Dynamics
• Lockheed Martin
• Northrop Grumman

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Other prominent vendors
• China Academy of Launch Vehicle Technology
• Orbital ATK
• Rafael Advanced Defense Systems
• Raytheon
• Rockwell Collins
Market driver
• Growing R&D investments
• For a full, detailed list, view our report
Market challenge
• Defense budget cuts
• For a full, detailed list, view our report
Market trend
• Emergence of smokeless missiles
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’ s time when you purchase this market report. Details are
provided within the report.
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