According to the latest IMARC Group report, entitled “Anti-tank missile systems market: global industry trends, share, size, growth, opportunities and forecast 2021-2026“, the the global anti-tank missile systems market has shown moderate growth during 2015-2020. An anti-tank missile, or anti-tank guided missile (ATGM), refers to a guided weapon specifically designed to destroy heavily armored vehicles. These weapons can be installed with three types of guidance systems, namely the first, second and third generation. Additionally, anti-tank missiles come in a variety of sizes, ranging from smaller shoulder-launched missiles to larger missiles that require a team to be launched or transported. Compared to conventional weapons, anti-tank missiles help penetrate heavier obstacles, including walls and bunkers.

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The rapid increase in terrorist activity and territorial disputes across the world is primarily driving the growth of the anti-tank missile systems market. This is further supported by the growing demand for long-range missiles in the defense and military sectors. In addition to this, the governments of various countries have expanded their budgets to invest in research and development (R&D) of next-generation anti-tank missile systems, which is fueling the growth of the market. Looking ahead, IMARC Group expects the global anti-tank missile systems market to grow at a CAGR of around 4% during the period 2021-2026.

As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.

Competitive landscape with key players:

• Denel Aerostructures (Pty) Ltd. (Denel SOC Ltd.)
• Elbit Systems Ltd.
• Societe Generale Dynamic
• KBP Instrument Design Office (Rostec)
• Lockheed Martin Company
• MBDA
• Rafael Advanced Defense Systems Ltd.
• Raytheon Technologies Corporation
• Saab AB.

Market Segmentation:

Breakdown by missile type:

• Man-Portable
• Vehicle mounted

Breakdown by platform:

Breakdown by end user:

Breakdown by region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
• Latin America (Brazil, Mexico, others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)

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Highlights of the report:

• Market performance (2015-2020)
• Market Outlook (2021-2026)
• Market trends
• Market drivers and success factors
• The impact of COVID-19 on the global market
• Value chain analysis
• Global market structure
• Complete mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.

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