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(Transportation-News.com, December 21, 2017 ) Short Range Air Defense (SHORAD) missile system is a weapon or technology that involves detection, tracking, interception, and destruction of attacking short-range missiles. Originally, ADMS was used as a defense against nuclear-armed and intercontinental ballistic missiles (ICBMs); however, its application has widened to defense against short-ranged non-nuclear tactical and theater missiles.
Publisher's analysts forecast the global SHORAD missile system market to grow at a CAGR of 3.66% during the period 2016-2020.
For more information http://www.reportsweb.com/global-short-range-air-defence-missile-system-market-2016-2020
Covered in this report The report covers the present scenario and the growth prospects of the global SHORAD missile system market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of SHORAD missile systems globally.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global SHORAD 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.
Key vendors - General Dynamics - Lockheed Martin - MBDA - Rafael Advanced Defense - Raytheon
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Other prominent vendors - BAE Systems - Northrop Grumman - Rheinmetall - Thales - Saab
Market driver - Growing R&D programs - For a full, detailed list, view our report
Market challenge - Growing countermeasures against ADMS - For a full, detailed list, view our report
Market trend - Increased commercial off-the shelf procurement - 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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