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(Transportation-News.com, January 06, 2017 ) The tactical anti-tank missile systems are generally of two types. Long-range anti-tank missiles are very capable weapon systems, which are used to destroy heavy armored vehicles. They rely on warheads to penetrate and damage the tanks or armored vehicles. Whereas the short-range anti-tank missiles are man-portable, and they pose a lesser threat to armored vehicles. Traditionally, the infantry anti-tank weapons, such as anti-tank rifles, anti-tank rockets, and magnetic anti-tank mines, had limited armor penetration abilities and required soldiers to approach the target closely. However, with the introduction of the man-portable missile systems with larger warheads, the infantry units have the ability to strike at light and medium tanks from greater distances.
Technavios analysts forecast the global anti-tank missile system market to grow at a CAGR of 3.98% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global anti-tank missile system market for 2016-2020. To calculate the market size, the report presents the market landscape and a corresponding detailed analysis of the five major vendors operating in the market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, global anti-tank missile system 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.
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Key vendors
Denel Dynamics
Israeli Military Industries
Lockheed Martin
MBDA
Raytheon
Other prominent vendors
BAE Systems
General Dynamics
Northrop Grumman
Rafael Advanced Defense Systems
Saab
Market driver
Extensive improvement in range and efficiency of anti-tank missiles
For a full, detailed list, view our report
Market challenge
Thermal management of missile systems
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?
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