Missile Decoy Systems Market Size, Growth Trends & Forecast 2023-2028

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Market Overview:

This report presents an extensive evaluation of the Missile Decoy Systems Market, focusing on historical data from 2018 to 2021 while offering detailed forecasts for the period between 2023 to 2028. The analysis encompasses various aspects, including market Size, Share, Growth, Analysis, Trends and competitive insights.

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Table of Contents (Missile Decoy Systems Market)

  1. Executive Summary
  2. Market Definition & Research Methodology
  3. Market Dynamics: Drivers, Challenge, Trend and Opportunities
  4. Segment Analysis and Geographical Breakdown
  5. Competitive Landscape & Strategic Initiatives
  6. Regulatory Environment & Policy Factors
  7. Growth Forecast Model (2023–2028)
  8. Appendix: Company Profiles, Data Sources, Methodology

What’s covered in the report?

Market Key Driver:

Increasing Military Focus Towards Anti-Aircraft Systems to Promote the Missile Decoy Integration – With the advancement of aircraft technology towards modern avionics, electronic warfare systems, radar absorbent materials, supercruise, etc., various countermeasures have also been devised by the countries which include effective, quick response, and highly mobile surface-to-air missiles. As militaries require operations in diverse threat environment securing a high-value, fighter jet has become a priority due to which many countries have focused on installing active missile decoys on board to deceive enemy missiles through the simulation of radar, heat, and electronic signatures of the aircrafts.

Additionally, with the large number of 4th generation and 5th generation aircraft at the disposal of air forces across the globe, the demand for installing missile decoys to cope with the new age anti-aircraft missiles has extensively grown. Therefore, integrating missile decoys has become a cost-effective solution for operating aircraft in both friendly and hostile airspaces, as upgrading and advancing onboard systems demand substantial investments to create a strong electronic warfare system.

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Leading players of Missile Decoy Systems Market including:

  • Raytheon Technologies Corporation
  • BAE Systems
  • Leonardo S.p.A.
  • Bharat Electronics Limited
  • Terma
  • Elbit Systems Ltd.
  • Safran
  • Rheinmetall AG
  • Mitsubishi Heavy Industries
  • Lacriox
  • Systems Engineering & Assessment
  • JSK Naval Support
  • Others

Missile Decoy Systems Market Segmentation:

By Function

  • Infrared Decoy Systems
  • Radar Decoy Systems
  • Laser Decoy Systems
  • Electronic Warfare (EW) Decoy Systems
  • Other Decoy Systems (Acoustic, Visual, etc.)

Radar Decoy Systems are expected to exhibit a sizeable share in the Global Missile Decoy Systems Market.

By Platform          

  • Airborne Decoy Systems
  • Naval Decoy Systems
  • Ground-based Decoy Systems

By Type

  • Passive Decoy Systems
  • Active Decoy Systems

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

North America is anticipated to hold a major market share in the Global Missile Decoy Systems Market, with the surging deployment of military hardware and burgeoning investment to integrate missile decoys to safeguard their military assets.

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Key Highlights of MarkNtel Advisors' Research Methodology

  • MarkNtel Advisors uses a robust methodology for accurate market analysis.
  • Research objectives are clearly defined with tailored methodologies for clients.
  • A representative sample is selected to ensure reliable data collection.
  • Data analysis includes cleaning, statistical evaluations, and validation checks.
  • Predictive modeling forecasts trends, and reports include strategic recommendations.

About MarkNtel Advisors:

We are a leading market research firm providing research, consulting, and data-driven intelligence to clients across diverse industries globally. Our reports are tailored to help businesses identify lucrative opportunities and mitigate potential risks using actionable insights.

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