Missile Seekers Market Is Projected to Grow at a CAGR of 5.2% from 2021 to 2026

Northbrook, IL -- (SBWIRE) -- 09/30/2021 -- According to a research report "Missile Seekers Market by Technology (Active Radar, Semi-active Radar, Passive Radar, Infrared, Laser, Multi-mode), Missile Type (Interceptor, Ballistic, Cruise, Conventional), Launch Mode, and Region (North America, Europe, APAC, & RoW) - Forecast to 2026", published by MarketsandMarkets™, the Missile Seekers Market size is projected to grow from USD 5.3 billion in 2021 to USD 6.8 billion by 2026, at a CAGR of 5.2% from 2021 to 2026. The market is driven by various factors, such as geopolitical instabilities, changing nature of warfare, increasing defense expenditure of emerging economies and technological advancements in missile seekers.
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