A guided missile, known colloquially as an anti ship missiles market (AShM), is specifically engineered to thwart even the most well-equipped ships and other large vessels. Most AShMs opt for a sea-skimming trajectory that makes it hard to detect until close to the target, while some boast enhanced capabilities through combining inertial guidance with active radar homing to bolster their defensive prowess against airborne radars. Regardless, these missiles are set apart by their remarkable precision and propensity to successfully deliver warhead payloads right into enemy harbours.

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Anti Ship Missiles Market Report, Size, Forecast, Growth
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Category: Missile and Missile Defense Systems Tags: Naval Surface Vessel, smart weapons,
Tactical missiles market
A guided missile, known colloquially as an anti ship missiles market (AShM), is specifically
engineered to thwart even the most well-equipped ships and other large vessels. Most
AShMs opt for a sea-skimming trajectory that makes it hard to detect until close to the target,
while some boast enhanced capabilities through combining inertial guidance with active
radar homing to bolster their defensive prowess against airborne radars. Regardless, these
missiles are set apart by their remarkable precision and propensity to successfully deliver
warhead payloads right into enemy harbours.
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Description
Anti Ship Missiles Market
Frequently Asked Questions of ASM Market

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What is anti-ship missiles market system?
Anti ship missiles are guided missiles that are used to netutralise enemy ships such as
destroyers, aircraft carriers and frigates
What is the estimated size of the Global Anti-Ship Missiles Market?
The estimated market size of the Anti-ship missile is $10.73 billion on 2023
What is the growth rate of the Global Market for Anti-Ship Missiles?
The CAGR is estiamted to be 4.80% 2022-2032

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What is the most powerful ASM?
Some of the powerful ASM includes the Indian brahmos, US LRSAM and the Russian Club.
There is also the naval strike missile from Kongsberg used by NATO forces.
What kind of missile is LRASM?
LRASM is a subsonic anti-ship cruise missile which is currently used by the US defense
services. The missile has stealth characteristic to avoid detection.
A guided missile known as an anti-ship missiles market (AShM), as the connotation
suggests is typically intended to be used against ships and other big boats. The majority of
anti-ship missiles fall under the sea skimming category, while other product segments within
the ASM market combine inertial guidance with active radar homing, thus boosting the
combat capabilities of the existing radar technology. Many additional anti-ship missiles
employ infrared homing to track the heat that is released by a ship; anti-ship missiles can
also be completely guided by radio command.
The recipients of anti-ship missiles range across land, naval as well as air-based platforms.
Some of the common applications of anti-ship missiles are noted to be across platforms
including surface warships, submarines, fighter planes, bombers, shore batteries patrol
planes, helicopters, and land vehicles. Some anti ship missiles are also noted to be
shoulder-fired munitions thus in theory they can also be used by infantrymen. When
applicable, the phrase surface-to-surface missile (SSM) is used. Anti-ship cruise missiles
are a common name for longer-range anti-ship missiles. Thus the market applicability of this
munition is relatively high. They are usually long-range missiles that are used against
adversaries at sea. Thus nations leveraging a strategic advantage in terms of having ready
access to the sea as well as land-locked nations are noted to invest in this munitions
technology.
Major Factors Driving Anti Ship Missiles Market Growth
Brewing geo-political conflicts between nations like the US and China are noted to be some
of the key factors that are poised to boost in anti ship missile market growth thus promising a
positive scenario in terms of anti ship missile market forecast. China is noted to be
increasingly reliant on the open sea for both naval strategies as well as commercial trade.
The United States and its allies are hereby poised to invest heavily in anti-ship missiles in
order to prevent China from limiting the US led coalition’s movement in the Western Pacific.
Therefore, the strategic positioning of anti-ship missiles is expected to increase the US’s
odds against China.
As per Aviation and Defense Market Report, Parallel to the mentioned anti ship missiles
market trends, it was noted that in the year 2019, the U.S. Marine Corps was trying to launch
an anti-ship cruise missile that was to allow the US Navy to carry out operations on small

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expeditionary bases and dominate the waterbody. The Marines required the capacity to
dominate sea space from the land by being able to strike vessels at a distance since there
was a ground element to the maritime battle as per anti ship missiles market analysis.
Trends Influencing the Anti-Ship Missiles Market Size
The market for anti-ship missiles has suddenly expanded owing to the growing interest of
nations in this weapons technology according to anti ship missiles market analysis. The class
of missiles employed across various segments includes subsonic, supersonic as well as
hypersonic weapons systems. As per market anti ship missiles market report, In 2021, the
market witnessed developments such as Rafael’s subsonic Sea Breaker missile, MBDA’s
subsonic Teseo Mk2/E evolution of the original Teseo/Otomat family, South Korea’s
supersonic anti-ship missile, and Russia’s 3M22 Zircon Mach 5-plus missile performing its
first underwater test firings. In addition, new players are entering the anti-ship industry. The
developments are poised to make operations above sea highly challenging.
Anti-Ship Missiles Market Forecast & Dynamics
This increased interest in creating or acquiring effective medium- to long-range anti-ship
cruise missiles is expected to lead to an increase in the priority and focus placed on the
naval sector and the anti ship missiles market size of this segmennt. However, it might also
offer a way for nations wishing to create other kinds of cruise missiles to acquire technology.
One of the key market drivers that are to be witnessed for the ASM market is the
overcrowding of the sea. Growing investment in naval munitions is anticipated to drive the
anti ship missiles market growth associated with this market.
Anti Ship Missiles Market Analysis for Recent Developments
China was noted to unveil the world’s very first carrier-based anti-ship missile, i.e. the YJ-21
in November 2022. The missile was on display alongside two air-to-surface anti-ship missiles
from the Tianlei (TL) class. It was identified as “YJ-21E,” where the “E” appears to denote the
missile’s export variant. One of China’s deadliest weapons, the YJ-21 has been kept from the
public’s view up until this point. The People’s Liberation Army (PLA) Navy published a video
in April that purported to show the YJ-21 being fired by a Type 055 cruiser.
As of 2020, Japan was also noted to develop an air-launched anti-ship missile for the Japan
Maritime Self-Defense Forces. The weapon system was to be developed by Mitsubishi
Heavy Industries, and ATLA has budgeted around $85 million for research and development
of this technology which was to extend between the years 2017 to 2021.
Table of Contents
Anti Ship Missiles Market Report Definition

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Anti Ship Missiles Market Segmentation
– By Platform
– By Region
– By Type
Anti Ship Missiles Market Analysis for next 10 years
The 10-year anti ship missiles market analysis would give a detailed overview of anti ship
missiles market growth, changing dynamics, technology adoption overviews and the overall
market attractiveness is covered in this chapter.
Market Technologies of Anti Ship Missiles Market
This segment covers the top 10 technologies that is expected to impact this market and the
possible implications these technologies would have on the overall market.
Global Anti Ship Missiles Market Forecast
The 10-year anti ship missiles market forecast of this market is covered in detailed across
the segments which are mentioned above.
Regional Anti Ship Missiles Market Trends & Forecast
The regional anti ship missiles market trends, drivers, restraints and Challenges of this
market, the Political, Economic, Social and Technology aspects are covered in this segment.
The market forecast and scenario analysis across regions are also covered in detailed in this
segment. The last part of the regional analysis includes profiling of the key companies,
supplier landscape and company benchmarking.
North America
– Drivers, Restraints and Challenges
– PEST
– Market Forecast & Scenario Analysis
– Key Companies
– Supplier Tier Landscape
– Company Benchmarking
Europe
Middle East
APAC

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South America
Country Analysis of Anti Ship Missiles Market
This chapter deals with the key defense programs in this market, it also covers the latest
news and patents which have been filed in this market. Country level 10 year market forecast
and scenario analysis are also covered in this chapter.
US
– Defense Programs
– Latest News
– Patents
– Current levels of technology maturation in this market
– Market Forecast & Scenario Analysis
Canada
Italy
France
Germany
Netherlands
Belgium
Spain
Sweden
Greece
Australia
South Africa
India
China
Russia
South Korea

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Japan
Malaysia
Singapore
Brazil
Opportunity Matrix of Anti Ship Missiles Market
The opportunity matrix helps the readers understand the high opportunity segments in this
market.
Expert Opinions on Anti Ship Missiles Market Report
Hear from our experts their opinion of the possible outlook for this market.
Conclusions
About Aviation and Defense Market Report
Countries Covered in Anti Ship Missiles Market
US
Canada
Italy
France
Germany
Netherlands
Belgium
Spain
Sweden
Greece
Australia
South Africa
India

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China
Russia
South Korea
Japan
Malaysia
Singapore
Brazil
Regions Covered in Anti Ship Missiles Market
North America
South America
Europe
Middle East
Asia
Segments Covered in Anti Ship Missiles Market
By Platform
By Region
By Type