The Americas Ballistic Missile Market size is estimated at USD 3.15 billion in 2024, and is expected to reach USD 3.79 billion by 2029, growing at a CAGR of 3.70% during the forecast period (2024-2029).
The American ballistic missile market is semi-consolidated, with major players accounting for significant amounts of shares in the market. Some of the prominent companies in the market are BAE Systems plc, General Dynamic Corporation, Lockheed Martin Corporation, The Boeing Company, and Northrop Grumman Corporation. Major players in the region are entering into a partnership with the militaries of different countries to provide the best technology.
Government investments in state-owned companies for the development of advanced ballistic missiles are helping the regional players increase their presence in the market. Also, partnerships between players in various fields, like propulsion systems, warhead designs, and body designs, are likely to help companies develop advanced missile systems as they share technologies.
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