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Missile Launching System Market to grow by USD 4.44 billion from 2024 to 2028; Increasing use of MANPADS to drive the growth – Technavio
It is expected that during the forecast period of 2023 to 2028, the market for missile launching systems will grow by USD 4.44 billion. However, the growth momentum of the market will progress at a CAGR of 4.57% during this period. Based on a number of factors, the market is segmented by platform (airborne, ground, and naval), type (tilt, vertical launch, and horizontal launch), and geography (APAC, North America, Europe, Middle East, and Africa). An important factor driving market growth is the increasing use of MANPADS. The MANPADS are light-weight SAM systems that can be carried and operated by a single individual. It has been proven that one of the main reasons behind the growth of MANPADS is the ability to attack low-flying aircraft which are usually assigned for bombing, strafing, observation, extraction, and resupply enemy forces, as well as gathering information. MANPADS are SAM systems that are light in weight and can be carried and operated by a single person, so they are a key factor driving the market growth. MANPADS are SAM systems that are used in a wide range of circumstances. One of the main factors driving MANPADS' growth is the ability to attack low-flying aircraft, which are usually used for bombing, strafing, observation, extraction, resupply enemy forces or gather information.Highlights of the report include:The market dynamics are as follows:A major trend is emergingChallenges of Significant Importance Segments of a keg are as follows:Reports related to this topic include:During the period of 2023 to 2028, the command and control systems market is estimated to grow by USD 4,016.48 million at a compound annual growth rate of 3.3%. As the Naval Vessels Maintenance, Repair, and Overhaul (MRO) Market grows at a CAGR of 6.89% from 2023 to 2028, it is estimated that the market size will grow by USD 6,884.75 million. Table of Contents:Summary of the executive summaryAn overview of the marketThe size of the marketMarket sizes in the pastAnalysis of the Five ForcesSegmentation of the market by platformSegmentation of the market by type of productGeography-based segmentation of the marketAn overview of the customer landscapeThe geographical landscape of the worldTrends, Challenges, and Drivers of the IndustryAn overview of the company's landscapeAnalyses of the companyThe appendixTechnavio: What we do and who we areTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market position by providing actionable insights that lead to effective market growth.Currently, Technavio's report library consists of over 17,000 reports and counting, covering over 800 technologies, spread across more than 50 countries, with over 500 specialized analysts.. A large portion of their client base is comprised of enterprises of all sizes, including more than 100 Fortune 500 companies.. It is important for this growing client base to leverage Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and emerging markets as well as assess their competitive positions within changing market conditions. It is important for this growing client base to leverage Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and emerging markets as well as assess their competitive positions within changing market conditions.Getting in touchResearch Analyst at TechnavioJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com.Technavio is the source of this informationIn addition to this, the growth momentum of the oligofructose market is expected to increase by USD 5.04 billion between 2023 and 2028, according to Technavio.It has recently been announced that a report by Technavio named "Core Banking Solutions Market Analysis North America, Europe, APAC, South America, Middle East and Africa - 2013" will be released shortly.Get PRN's top stories and curated news delivered to your inbox every week when you sign up.
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