Anti-Ship Missile Defense System Market Report 2025

The anti-counterfeit packaging market size has grown rapidly in recent years. It will grow from $171.62 billion in 2024 to $191.79 billion in 2025 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to naval warfare evolution, naval arms race, strategic maritime chokepoints, growth in asymmetric threats, military conflict and tensions, military doctrine shifts.

The anti-counterfeit packaging market size is expected to see rapid growth in the next few years. It will grow to $318.36 billion in 2029 at a compound annual growth rate (CAGR) of 13.5%. The growth in the forecast period can be attributed to rising maritime threats, modernization of naval forces, focus on integrated defense networks, development of hypersonic weapons, geopolitical tensions and territorial disputes. Major trends in the forecast period include development of counter-hypersonic systems, shift to multi-layered defense, growth in maritime conflicts, integrated defense systems, focus on interception capabilities.

The increasing number of conflicts worldwide is projected to drive the growth of the anti-ship missile defense system (ASMD) market in the coming years. Regional wars, escalating maritime security threats, and tensions in contested waterways necessitate the greater deployment of ASMD systems on naval vessels. For instance, in October 2024, the House of Lords Library, a UK-based information resource for the House of Lords, reported that by mid-2023, approximately 110 million individuals had been forcibly displaced due to persecution, conflict, violence, or human rights violations. Additionally, the number of conflicts in the Middle East rose from 2022 to 2023, increasing from eight to ten, with battle-related deaths rising from just over 5,000 in 2022 to nearly 26,000 in 2023. Consequently, the rise in global conflicts is fueling the growth of the anti-ship missile defense system market.

A rise in research and defense investments is also expected to support the growth of the anti-ship missile defense systems market in the future. These investments pertain to the allocation of resources and funding toward the development, enhancement, and procurement of advanced missile defense systems. Such funding aims to bolster naval forces' capabilities to counter emerging threats, particularly in maritime environments. For instance, in October 2024, the National Center for Science and Engineering Statistics, one of the thirteen principal statistical agencies, reported that federal agency obligations for research and experimental development (R&D) increased by 0.4%, rising to $190.4 billion in FY 2022 from $189.6 billion in FY 2021. Therefore, the increase in research and defense investments is driving the growth of the anti-ship missile defense systems market.

Technological advancements stand as a significant trend shaping the landscape of the anti-ship missile defense system market. Key industry players are actively engaged in pioneering innovative technologies to fortify their market foothold. For instance, in March 2022, Lockheed Martin Corporation unveiled plans to produce six next-generation AGM-158C Long-Range Anti-Ship Missiles (LRASM) for the U.S. Air Force. These missiles are specifically designed to target high-priority adversaries such as aircraft carriers, troop transport vessels, and guided-missile cruisers. Equipped with a multi-mode sensor suite, enhanced weapon data connection, and upgraded digital anti-jam GPS, these missiles exhibit advanced capabilities in identifying and neutralizing crucial targets within fleets navigating at sea.

Major companies in the anti-ship missile defense system market are advancing their products by incorporating technologies such as Global Positioning System (GPS) technology to enhance the accuracy, tracking, and targeting capabilities of defense systems, thereby improving overall operational effectiveness. The Global Positioning System (GPS) is a satellite-based navigation system that provides precise location, velocity, and time information to GPS receivers anywhere on Earth. For example, in March 2023, Kawasaki Heavy Industries (KHI) Ltd., a Japan-based aerospace company, unveiled its long-range cruise missile, the Island Defence anti-ship missile, at DSEI Japan 2023, a defense exhibition held in Japan. This missile is capable of being launched from multiple platforms, including warships, aircraft, land-based systems, and potentially submarines. It utilizes an inertial navigation system (INS) along with GPS for its cruise phase, while its terminal guidance is achieved through a dual-mode seeker that combines infrared (IR) and radio frequency (RF) technologies.

In January 2022, the Philippines forged a partnership with BrahMos Aerospace Private Ltd. to procure an anti-ship variant of the BrahMos supersonic cruise missile. This monumental contract, valued at USD 375 million, marked the inaugural export order for the missile. The agreement involved the supply of shore-based medium-range supersonic anti-ship missiles, substantially enhancing the Philippines' capabilities in targeting adversarial ships from land. BrahMos Aerospace Private Ltd., an India-based aerospace and defense entity, emerged as a pivotal player in catering to the evolving defense needs of nations, facilitating an impactful upgrade in the Philippines' defense capabilities against maritime threats.

Major companies operating in the anti-ship missile defense system market include BAE Systems plc, General Dynamics Corporation, Leonardo SpA, Lockheed Martin Corporation, MBDA Inc., Northrop Grumman Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, SAAB AB, Thales Group, Rheinmetall AG, Boeing Company, L3Harris Technologies Inc., Textron Inc., Alliant Techsystems, China Aerospace Science and Industry Corporation, LIG Nex1 Co. Ltd., Aisin Seiki Co. Ltd., Robert Bosch GmbH, Magna International Inc., Continental AG, Johnson Electric, Faurecia SE, Huf Hülsbeck & Fürst GmbH & Co. KG, Stabilus GmbH, Brose Fahrzeugteile GmbH & Co. KG, Mitsuba Corporation.

North America was the largest region in the anti-ship missile defense system market in 2024. The regions covered in the anti-ship missile defense system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the anti-ship missile defense system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Anti-ship missile defense systems (ASMD) are designed to protect naval vessels from the threats posed by anti-ship missiles, which are guided missiles specifically intended for attacking and destroying naval ships.

The primary components of anti-ship missile defense systems include missile interception and radar. A missile interceptor is a specialized type of missile engineered to intercept and neutralize incoming missiles before they can reach their intended target. These interceptors are deployed using various platforms such as airborne (air), surface-based (surface), and underwater (submarine). The applications of anti-ship missile defense systems extend to both ballistic missile defense and conventional missile defense scenarios.

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The anti-ship missile defense system market consists of sales of sensor systems, electronic warfare systems and missile defense systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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