Global Airborne Weapon Delivery Systems Market to Reach $4.1 Billion by 2026
SAN FRANCISCO, Aug. 19, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Airborne Weapon Delivery Systems - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 6816
Companies: 12 - Players covered include BAE Systems PLC; Boeing Company, The; CMC Electronics Inc.; Elbit Systems Ltd.; General Dynamics Mission Systems, Inc.; Lockheed Martin Corporation; Northrop Grumman Corporation; Raytheon Company; SAAB AB and Others.
Coverage: All major geographies and key segments
Segments: Segment (Fixed-Wing Fighter Aircraft, Rotary Wing & UCAV)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Airborne Weapon Delivery Systems Market to Reach $4.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Airborne Weapon Delivery Systems estimated at US$2.8 Billion in the year 2020, is projected to reach a revised size of US$4.1 Billion by 2026, growing at a CAGR of 6.6% over the analysis period. Fixed-Wing Fighter Aircraft, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$3.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rotary Wing & UCAV segment is readjusted to a revised 6.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $799.9 Million in 2021, While China is Forecast to Reach $648.1 Million by 2026
The Airborne Weapon Delivery Systems market in the U.S. is estimated at US$799.9 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$648.1 Million by the year 2026 trailing a CAGR of 6.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 5.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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