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			       1	INTRODUCTION	31
1.1	OBJECTIVES OF THE STUDY	31
1.2	MARKET DEFINITION	31
1.3	MARKET SCOPE	32
1.3.1	MARKETS COVERED	32
FIGURE 1	MISSILE DEFENSE SYSTEM MARKET SEGMENTATION	32
1.3.2	REGIONAL SCOPE	32
1.3.3	YEARS CONSIDERED FOR THE STUDY	33
1.4	INCLUSIONS AND EXCLUSIONS	33
TABLE 1	INCLUSIONS AND EXCLUSIONS IN MISSILE DEFENSE SYSTEM MARKET	33
1.5	CURRENCY & PRICING	34
1.6	LIMITATIONS	34
1.7	MARKET STAKEHOLDERS	34
2	RESEARCH METHODOLOGY	35
2.1	RESEARCH DATA	35
FIGURE 2	REPORT PROCESS FLOW	35
FIGURE 3	MISSILE DEFENSE SYSTEM MARKET: RESEARCH DESIGN	36
2.1.1	SECONDARY DATA	37
2.1.1.1	Key data from secondary sources	37
2.1.2	PRIMARY DATA	38
2.1.2.1	Key data from primary sources	38
2.1.2.2	Breakdown of primaries	39
FIGURE 4	BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION	39
2.2	FACTOR ANALYSIS	39
2.2.1	INTRODUCTION	39
2.2.2	DEMAND-SIDE INDICATORS	40
2.2.2.1	Increasing defense spending	40
2.2.3	SUPPLY-SIDE ANALYSIS	40
2.2.3.1	Rising adoption of AI in military operations	40
2.3	MARKET DEFINITION & SCOPE	41
2.3.1	SEGMENT DEFINITIONS	41
2.3.1.1	Missile defense system market, by technology	41
2.3.1.2	Missile defense system market, by range	41
2.3.1.3	Missile defense system market, by threat type	41
2.3.1.4	Missile defense system market, by domain	41
2.3.1.5	Key industry insights	42
TABLE 2	PRIMARY INTERVIEWEES DETAILS	42
2.4	MARKET SIZE ESTIMATION & METHODOLOGY	42
2.4.1	BOTTOM-UP APPROACH	43
FIGURE 5	MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH	43
2.4.1.1	COVID-19 impact on market analysis	44
2.4.2	TOP-DOWN APPROACH	44
FIGURE 6	MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH	44
2.5	DATA TRIANGULATION	45
FIGURE 7	DATA TRIANGULATION: MISSILE DEFENSE SYSTEM MARKET	45
2.6	MARKET SIZING & FORECASTING	46
2.7	RESEARCH ASSUMPTIONS	46
2.8	LIMITATIONS	46
3	EXECUTIVE SUMMARY	47
FIGURE 8	MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021 & 2026 (USD MILLION)	48
FIGURE 9	MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2021 & 2026 (USD MILLION)	49
FIGURE 10	LONG-RANGE SEGMENT TO GROW AT HIGHEST CAGR FROM 2021 TO 2026	49
FIGURE 11	NORTH AMERICA ESTIMATED TO LEAD MISSILE DEFENSE SYSTEM MARKET IN 2021	50
4	PREMIUM INSIGHTS	51
4.1	ATTRACTIVE MARKET OPPORTUNITIES IN MISSILE DEFENSE SYSTEM MARKET	51
FIGURE 12	INCREASING DEFENSE EXPENDITURE GLOBALLY TO DEVELOP AIR & MISSILE DEFENSE SYSTEMS WILL DRIVE MARKET GROWTH DURING FORECAST PERIOD	51
4.2	MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY	51
FIGURE 13	WEAPON SYSTEM SEGMENT ESTIMATED TO LEAD MISSILE DEFENSE SYSTEM MARKET DURING FORECAST PERIOD	51
4.3	MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE	52
FIGURE 14	SUPERSONIC SEGMENT PROJECTED TO LEAD MISSILE DEFENSE SYSTEM MARKET FROM 2021 TO 2026	52
4.4	MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY	52
FIGURE 15	INDIA MISSILE DEFENSE SYSTEM MARKET PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD	52
5	MARKET OVERVIEW	53
5.1	INTRODUCTION	53
5.2	MARKET DYNAMICS	53
FIGURE 16	MISSILE DEFENSE SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES	54
5.2.1	DRIVERS	54
5.2.1.1	Increasing defense programs of nations to protect against various threats	54
5.2.1.2	Significant investments in indigenous missile defense systems	55
5.2.1.3	Increasing use of early warning systems for potential air and missile attacks	55
5.2.1.4	Upgrading C2 systems for missile defense systems	55
5.2.1.5	Increasing need for missile detection systems	56
5.2.2	RESTRAINTS	56
5.2.2.1	High cost of missile defense systems	56
5.2.2.2	Regulatory obstacles related to arms transfers	57
5.2.3	OPPORTUNITIES	57
5.2.3.1	Development of new-generation air and missile defense systems	57
5.2.3.2	Rising adoption of AI in military operations	57
5.2.3.2.1	AI in missile defense testing and operations	57
5.2.3.2.2	Contemplating role of AI in missile defense	58
5.2.3.3	Advancements in air defense technology	58
5.2.4	CHALLENGES	58
5.2.4.1	Inability of missile defense systems to intercept threats on any part of trajectory	58
5.2.4.2	Inability to address multiple/diverse threats	58
5.3	COVID-19 IMPACT ON MISSILE DEFENSE SYSTEM MARKET	59
FIGURE 17	COVID-19 IMPACT ON MISSILE DEFENSE SYSTEM MARKET	59
5.4	RANGES AND SCENARIOS	60
FIGURE 18	COVID-19 IMPACT ON MISSILE DEFENSE SYSTEM MARKET: 3 GLOBAL SCENARIOS	60
5.5	VALUE CHAIN ANALYSIS OF MISSILE DEFENSE SYSTEM MARKET	61
FIGURE 19	VALUE CHAIN ANALYSIS	61
5.6	TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS	62
5.6.1	REVENUE SHIFT AND NEW REVENUE POCKETS FOR MISSILE DEFENSE SYSTEM MANUFACTURERS	62
5.7	MISSILE DEFENSE SYSTEM MARKET ECOSYSTEM	63
5.7.1	PROMINENT COMPANIES	63
5.7.2	PRIVATE AND SMALL ENTERPRISES	63
5.7.3	ECOSYSTEM	63
FIGURE 20	MARKET ECOSYSTEM MAP: MISSILE DEFENSE SYSTEM MARKET	63
FIGURE 21	MISSILE DEFENSE SYSTEM MARKET: MARKET ECOSYSTEM	64
TABLE 3	MISSILE DEFENSE SYSTEM MARKET ECOSYSTEM	64
5.7.4	DEMAND-SIDE IMPACTS	65
5.7.4.1	Key developments from March 2021 to August 2021	65
TABLE 4	KEY DEVELOPMENTS IN MISSILE DEFENSE SYSTEM MARKET, MARCH 2021 TO AUGUST 2021	65
5.7.5	SUPPLY-SIDE IMPACT	66
5.7.5.1	Key developments from July 2021 to August 2021	66
TABLE 5	KEY DEVELOPMENTS IN MISSILE DEFENSE SYSTEM MARKET, JULY 2021 TO AUGUST 2021	67
5.8	PORTER’S FIVE FORCES ANALYSIS	68
TABLE 6	MISSILE DEFENSE SYSTEM MARKET: PORTER’S FIVE FORCE ANALYSIS	68
FIGURE 22	MISSILE DEFENSE SYSTEM MARKET: PORTER’S FIVE FORCE ANALYSIS	69
5.8.1	THREAT OF NEW ENTRANTS	69
5.8.2	THREAT OF SUBSTITUTES	70
5.8.3	BARGAINING POWER OF SUPPLIERS	70
5.8.4	BARGAINING POWER OF BUYERS	70
5.8.5	DEGREE OF COMPETITION	70
5.9	REGULATORY LANDSCAPE	71
5.9.1	NORTH AMERICA	71
5.9.2	EUROPE	71
6	INDUSTRY TRENDS	72
6.1	INTRODUCTION	72
6.2	TECHNOLOGY TRENDS	72
6.2.1	NEXT GENERATION INTERCEPTOR (NGI) PROGRAM	72
6.2.2	HYPERSONIC DEFENSE SYSTEM	73
6.2.3	DEVELOPMENT OF MIDCOURSE TRACKING SYSTEM	73
6.2.4	DEVELOPMENT OF DEFENSE TECHNOLOGY	73
6.3	TECHNOLOGY ANALYSIS	74
6.4	USE CASE ANALYSIS	75
6.4.1	USE CASE: NEXT GENERATION INTERCEPTORS	75
6.5	IMPACT OF MEGATRENDS	75
6.5.1	NEXT-GENERATION MISSILE SEEKER	75
6.5.2	ACTIVE PHASED ARRAY RADAR (APAR)	76
6.6	INNOVATIONS AND PATENT REGISTRATIONS	76
7	MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY	80
7.1	INTRODUCTION	81
FIGURE 23	WEAPON SYSTEM SEGMENT PROJECTED TO LEAD MISSILE DEFENSE SYSTEM MARKET DURING FORECAST PERIOD	81
TABLE 7	MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	81
TABLE 8	MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	81
7.2	FIRE CONTROL SYSTEM	82
TABLE 9	FIRE CONTROL SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY TYPE, 2017–2020 (USD MILLION)	82
TABLE 10	FIRE CONTROL SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY TYPE, 2021–2026 (USD MILLION)	82
7.2.1	EO/IR SENSOR AND LASER	82
7.2.1.1	Wide application of EO/IR and laser to drive demand	82
7.2.2	RADAR	83
7.2.2.1	Modernization and technological advancements in radar systems enhance defense capabilities	83
TABLE 11	FIRE CONTROL SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY RADAR TYPE, 2017–2020 (USD MILLION)	83
TABLE 12	FIRE CONTROL SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY RADAR TYPE, 2021–2026 (USD MILLION)	83
7.2.3	SONAR	84
7.2.3.1	Emerging new technologies related to sonar to fuel demand for missile defense systems during forecast period	84
7.3	WEAPON SYSTEM	84
TABLE 13	WEAPON SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY TYPE, 
2017–2020 (USD MILLION)	84
TABLE 14	WEAPON SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY TYPE, 
2021–2026 (USD MILLION)	84
7.3.1	INTERCEPTORS	85
7.3.1.1	Development of new and modernized space-based interceptors to drive market	85
TABLE 15	WEAPON SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY INTERCEPTOR TYPE, 2017–2020 (USD MILLION)	85
TABLE 16	WEAPON SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY INTERCEPTOR TYPE, 2021–2026 (USD MILLION)	86
7.3.2	GUN/TURRET SYSTEMS	86
7.3.2.1	Development of new advanced turrets with multi-domain functionality to drive demand	86
7.3.3	MISSILE LAUNCHER	86
7.3.3.1	Development of naval missile launch systems to drive market	86
7.4	COUNTERMEASURE SYSTEM	87
7.5	COMMAND & CONTROL SYSTEM	87
8	MISSILE DEFENSE SYSTEM MARKET, BY RANGE	88
8.1	INTRODUCTION	89
FIGURE 24	LONG-RANGE SEGMENT PROJECTED TO REGISTER HIGHEST CAGR GROWTH DURING FORECAST PERIOD	89
TABLE 17	MISSILE DEFENSE SYSTEM MARKET SIZE, BY RANGE, 
2017–2020 (USD MILLION)	89
TABLE 18	MISSILE DEFENSE SYSTEM MARKET SIZE, BY RANGE, 
2021–2026 (USD MILLION)	89
8.2	SHORT	90
8.2.1	INCREASING DEMAND FOR NEXT-GENERATION DEFENSE CAPABILITIES	90
8.3	MEDIUM	90
8.3.1	INCREASING DEMAND FOR DEFENSE SYSTEMS TO ENGAGE VARIOUS THREATS	90
8.4	LONG	91
8.4.1	ENHANCED DEFENSE SYSTEMS	91
 
9	MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE	92
9.1	INTRODUCTION	93
FIGURE 25	HYPERSONIC SEGMENT PROJECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD	93
TABLE 19	MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 
2017–2020 (USD MILLION)	93
TABLE 20	MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE,
 2021–2026 (USD MILLION)	93
9.2	SUBSONIC MISSILE	94
9.2.1	TECHNOLOGICAL ADVANCEMENTS IN FEATURES OF SUBSONIC MISSILES TO DRIVE DEMAND	94
9.3	SUPERSONIC MISSILE	94
9.3.1	MULTI-DOMAIN INTEGRATION CAPABILITIES TO BOOST DEMAND FOR SUPERSONIC MISSILES	94
9.4	HYPERSONIC MISSILE	94
9.4.1	NEED FOR HIGH SPEED AND LONG-RANGE MISSILES TO DRIVE DEMAND FOR HYPERSONIC MISSILES	94
10	MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN	95
10.1	INTRODUCTION	96
FIGURE 26	GROUND SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD	96
TABLE 21	MISSILE DEFENSE SYSTEM MARKET SIZE, BY DOMAIN, 
2017–2020 (USD MILLION)	96
TABLE 22	MISSILE DEFENSE SYSTEM MARKET SIZE, BY DOMAIN, 
2021–2026 (USD MILLION)	96
10.2	GROUND	97
TABLE 23	GROUND: MISSILE DEFENSE SYSTEM MARKET SIZE, BY TYPE, 
2017–2020 (USD MILLION)	97
TABLE 24	GROUND: MISSILE DEFENSE SYSTEM MARKET SIZE, BY TYPE, 
2021–2026 (USD MILLION)	97
10.2.1	FIXED	97
10.2.1.1	Need for surface-to-air-missile systems to counter modern conflicts to drive demand	97
10.2.2	PORTABLE	98
10.2.2.1	Increasing use of MANPADS worldwide to fuel demand	98
10.2.3	VEHICLE	98
10.2.3.1	Rising demand for MAVs during cross border conflicts to boost demand	98
10.3	AIR	98
10.3.1	AIRCRAFT	98
10.3.1.1	Increasing requirement for combat and special mission aircraft for strategic military operations to drive demand	98
10.3.2	UAVS	99
10.3.2.1	Drones becoming integral part of military and defense operations	99
 
10.4	MARINE	99
10.4.1	WARSHIPS	99
10.4.1.1	Growing procurement of destroyer-type warships by US, Saudi Arabia, and Germany expected to drive market	99
10.4.2	SUBMARINE	100
10.4.2.1	Increased focus on developing next-generation submarines will drive market	100
10.5	SPACE	100
10.5.1	SATELLITE	100
10.5.1.1	Wide application of satellites to detect & track ballistic missiles	100
11	REGIONAL ANALYSIS	101
11.1	INTRODUCTION	102
FIGURE 27	GROWTH OF MISSILE DEFENSE SYSTEM MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS FROM 2018 TO 2026	102
FIGURE 28	NORTH AMERICA TO LEAD MISSILE DEFENSE SYSTEM MARKET FROM 2021 TO 2026	103
TABLE 25	MISSILE DEFENSE SYSTEM MARKET, BY REGION, 2017–2020 (USD MILLION)	103
TABLE 26	MISSILE DEFENSE SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION)	103
11.2	NORTH AMERICA	104
11.2.1	COVID-19 IMPACT ON NORTH AMERICA	104
11.2.2	PESTLE ANALYSIS: NORTH AMERICA	104
FIGURE 29	SNAPSHOT: MISSILE DEFENSE SYSTEM MARKET IN NORTH AMERICA	106
TABLE 27	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 2017–2020 (USD MILLION)	106
TABLE 28	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 2021–2026 (USD MILLION)	107
TABLE 29	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)	107
TABLE 30	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	107
TABLE 31	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	107
TABLE 32	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	108
TABLE 33	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	108
TABLE 34	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	108
TABLE 35	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 
2017–2020 (USD MILLION)	108
TABLE 36	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 
2021–2026 (USD MILLION)	109
11.2.3	US	109
11.2.3.1	Heavy investments in defense systems	109
TABLE 37	US: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	109
TABLE 38	US: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	109
TABLE 39	US: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	110
TABLE 40	US: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	110
TABLE 41	US: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	110
TABLE 42	US: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	110
11.2.4	CANADA	111
11.2.4.1	Government support drives Missile defense system market in Canada	111
TABLE 43	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	111
TABLE 44	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	111
TABLE 45	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	112
TABLE 46	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	112
TABLE 47	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	112
TABLE 48	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	112
11.3	ASIA PACIFIC	113
11.3.1	COVID-19 IMPACT ON ASIA PACIFIC	113
11.3.2	PESTLE ANALYSIS: ASIA PACIFIC	113
FIGURE 30	SNAPSHOT: MISSILE DEFENSE SYSTEM MARKET IN ASIA PACIFIC	115
TABLE 49	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 
2017–2020	115
TABLE 50	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 
2021–2026 (USD MILLION)	116
TABLE 51	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	116
TABLE 52	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	116
TABLE 53	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	116
TABLE 54	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	117
TABLE 55	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
 2017–2020 (USD MILLION)	117
TABLE 56	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	117
TABLE 57	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 
2017–2020 (USD MILLION)	118
TABLE 58	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY,
 2021–2026 (USD MILLION)	118
11.3.3	CHINA	118
11.3.3.1	Increasing expenditure on R&D of military equipment drives market	118
TABLE 59	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	119
TABLE 60	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	119
TABLE 61	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	119
TABLE 62	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	120
TABLE 63	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	120
TABLE 64	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	120
11.3.4	INDIA	120
11.3.4.1	Ongoing military modernization to fuel market growth	120
TABLE 65	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	121
TABLE 66	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	121
TABLE 67	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	121
TABLE 68	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	122
TABLE 69	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	122
TABLE 70	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
 2021–2026 (USD MILLION)	122
11.3.5	JAPAN	122
11.3.5.1	Development of new missile defense systems and procurement of radars drive market	122
TABLE 71	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	123
TABLE 72	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	123
TABLE 73	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	123
TABLE 74	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	124
TABLE 75	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	124
TABLE 76	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	124
11.3.6	SOUTH KOREA	124
11.3.6.1	Focusing on acquiring various surveillance and missile defense systems	124
TABLE 77	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)	125
TABLE 78	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	125
TABLE 79	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	126
TABLE 80	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	126
TABLE 81	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	126
TABLE 82	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	126
11.3.7	AUSTRALIA	127
11.3.7.1	Enhancement of air and missile defense systems	127
TABLE 83	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	127
TABLE 84	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	128
TABLE 85	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	128
TABLE 86	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	128
TABLE 87	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	129
TABLE 88	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	129
11.3.8	REST OF ASIA PACIFIC	129
11.3.8.1	Limited local players offer lucrative opportunities for missile defense system manufacturers in Rest of Asia Pacific	129
TABLE 89	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, 
BY TECHNOLOGY, 2017–2020 (USD MILLION)	130
TABLE 90	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, 
BY TECHNOLOGY, 2021–2026 (USD MILLION)	130
TABLE 91	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2017–2020 (USD MILLION)	130
TABLE 92	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2021–2026 (USD MILLION)	131
TABLE 93	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2017–2020 (USD MILLION)	131
TABLE 94	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2021–2026 (USD MILLION)	131
11.4	EUROPE	131
11.4.1	COVID-19 IMPACT ON EUROPE	132
11.4.2	PESTLE ANALYSIS: EUROPE	132
FIGURE 31	SNAPSHOT: MISSILE DEFENSE SYSTEM MARKET IN EUROPE	133
TABLE 95	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 
2017–2020 (USD MILLION)	134
TABLE 96	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 
2021–2026 (USD MILLION)	134
TABLE 97	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	134
TABLE 98	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	134
TABLE 99	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	135
TABLE 100	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	135
TABLE 101	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
 2017–2020 (USD MILLION)	135
TABLE 102	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	135
TABLE 103	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 
2017–2020 (USD MILLION)	136
TABLE 104	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 
2021–2026 (USD MILLION)	136
11.4.3	UK	136
11.4.3.1	Modernization of defense programs expected to boost market in UK	136
TABLE 105	UK: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	137
TABLE 106	UK: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	137
TABLE 107	UK: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	137
TABLE 108	UK: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN,
 2021–2026 (USD MILLION)	137
TABLE 109	UK: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
 2017–2020 (USD MILLION)	138
TABLE 110	UK: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
 2021–2026 (USD MILLION)	138
11.4.4	FRANCE	138
11.4.4.1	Technological advancements to drive market	138
TABLE 111	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	139
TABLE 112	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY,
 2021–2026 (USD MILLION)	139
TABLE 113	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN,
 2017–2020 (USD MILLION)	139
TABLE 114	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	139
TABLE 115	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	140
TABLE 116	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	140
11.4.5	GERMANY	140
11.4.5.1	Increasing investments in R&D for advanced military capabilities	140
TABLE 117	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	141
TABLE 118	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	141
TABLE 119	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	141
TABLE 120	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	141
TABLE 121	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	142
TABLE 122	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	142
11.4.6	ITALY	142
11.4.6.1	Redeveloping defense systems to drive market in Italy	142
TABLE 123	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	142
TABLE 124	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	143
TABLE 125	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	143
TABLE 126	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	143
TABLE 127	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	143
TABLE 128	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	144
11.4.7	RUSSIA	144
11.4.7.1	Increasing export of air defense systems	144
TABLE 129	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	144
TABLE 130	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	145
TABLE 131	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	145
TABLE 132	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	145
TABLE 133	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	146
TABLE 134	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	146
11.4.8	REST OF EUROPE	146
11.4.8.1	Increasing instances of cross-border conflicts in Rest of Europe	146
TABLE 135	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)	147
TABLE 136	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	147
TABLE 137	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	147
TABLE 138	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	148
TABLE 139	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	148
TABLE 140	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
2021–2026 (USD MILLION)	148
11.5	REST OF THE WORLD	148
11.5.1	COVID-19 IMPACT ON REST OF THE WORLD	149
11.5.2	PESTLE ANALYSIS: REST OF THE WORLD	149
TABLE 141	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 2017–2020 (USD MILLION)	150
TABLE 142	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 2021–2026 (USD MILLION)	150
TABLE 143	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)	150
TABLE 144	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	151
TABLE 145	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2017–2020 (USD MILLION)	151
TABLE 146	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2021–2026 (USD MILLION)	151
TABLE 147	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2017–2020 (USD MILLION)	152
TABLE 148	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2021–2026 (USD MILLION)	152
TABLE 149	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 2017–2020 (USD MILLION)	152
TABLE 150	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 2021–2026 (USD MILLION)	152
11.5.3	LATIN AMERICA	153
11.5.3.1	Focus on strengthening combat capabilities	153
TABLE 151	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)	153
TABLE 152	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	154
TABLE 153	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	154
TABLE 154	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	154
TABLE 155	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	155
TABLE 156	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	155
11.5.4	MIDDLE EAST & AFRICA	155
11.5.4.1	Focus on securing borders and improving military capabilities to drive market	155
TABLE 157	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, 
BY TECHNOLOGY, 2017–2020 (USD MILLION)	156
TABLE 158	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, 
BY TECHNOLOGY, 2021–2026 (USD MILLION)	156
TABLE 159	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2017–2020 (USD MILLION)	156
TABLE 160	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, 
BY DOMAIN, 2021–2026 (USD MILLION)	157
TABLE 161	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2017–2020 (USD MILLION)	157
TABLE 162	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2021–2026 (USD MILLION)	157
12	COMPETITIVE LANDSCAPE	158
12.1	INTRODUCTION	158
12.2	COMPETITIVE OVERVIEW	158
TABLE 163	KEY DEVELOPMENTS BY LEADING PLAYERS IN MISSILE DEFENSE SYSTEM MARKET BETWEEN 2019 AND 2021	158
FIGURE 32	MARKET EVALUATION FRAMEWORK: CONTRACTS MAJORLY ADOPTED BY MARKET PLAYERS	160
12.3	MARKET RANKING ANALYSIS OF KEY PLAYERS, 2020	160
FIGURE 33	RANKING ANALYSIS OF TOP 5 PLAYERS: MISSILE DEFENSE SYSTEM MARKET, 2020	160
12.4	MARKET SHARE OF KEY PLAYERS, 2020	161
12.5	REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS, 2020	162
12.6	COMPANY PRODUCT FOOTPRINT ANALYSIS	163
TABLE 164	COMPANY PRODUCT FOOTPRINT	163
TABLE 165	COMPANY PRODUCT TYPE FOOTPRINT	164
TABLE 166	COMPANY SOLUTION FOOTPRINT	165
TABLE 167	COMPANY REGION FOOTPRINT	166
12.7	COMPANY EVALUATION QUADRANT	167
12.7.1	STAR	167
12.7.2	EMERGING LEADER	167
12.7.3	PERVASIVE	167
12.7.4	PARTICIPANT	167
FIGURE 34	MARKET COMPETITIVE LEADERSHIP MAPPING, 2020	168
12.8	COMPETITIVE SCENARIO	169
12.8.1	MARKET EVALUATION FRAMEWORK	169
12.8.2	NEW PRODUCT LAUNCHES AND DEVELOPMENTS	169
TABLE 168	NEW PRODUCT LAUNCHES AND DEVELOPMENTS, 2019-2021	169
12.8.3	CONTRACTS	171
TABLE 169	CONTRACTS, 2019-2021	171
12.8.4	ACQUISITIONS/PARTNERSHIPS/AGREEMENTS	178
TABLE 170	ACQUISITIONS/PARTNERSHIPS/AGREEMENTS, 2019-2021	178
 
13	COMPANY PROFILES:	181
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1	KEY PLAYERS	181
13.1.1	NORTHROP GRUMMAN CORPORATION	181
TABLE 171	NORTHROP GRUMMAN CORPORATION: BUSINESS OVERVIEW	181
FIGURE 35	NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT	182
TABLE 172	NORTHROP GRUMMAN CORPORATION: DEALS	183
13.1.2	LOCKHEED MARTIN CORPORATION	185
TABLE 173	LOCKHEED MARTIN CORPORATION: BUSINESS OVERVIEW	185
FIGURE 36	LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT	186
TABLE 174	LOCKHEED MARTIN CORPORATION: DEALS	187
13.1.3	RAYTHEON TECHNOLOGIES CORPORATION	190
TABLE 175	BUSINESS OVERVIEW	190
FIGURE 37	RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT	190
TABLE 176	RAYTHEON TECHNOLOGIES CORPORATION: PRODUCTS/SOLUTION/SERVICES OFFERED	191
TABLE 177	RAYTHEON TECHNOLOGIES CORPORATION: PRODUCT LAUNCHES	192
TABLE 178	RAYTHEON TECHNOLOGIES CORPORATION: DEALS	192
13.1.4	BOEING COMPANY	195
TABLE 179	BOEING COMPANY: BUSINESS OVERVIEW	195
FIGURE 38	BOEING COMPANY: COMPANY SNAPSHOT	196
TABLE 180	BOEING COMPANY: DEALS	197
13.1.5	GENERAL DYNAMICS CORPORATION	199
TABLE 181	GENERAL DYNAMICS CORPORATION: BUSINESS OVERVIEW	199
FIGURE 39	GENERAL DYNAMICS CORPORATION: COMPANY SNAPSHOT	200
TABLE 182	GENERAL DYNAMICS CORPORATION: DEALS	201
13.1.6	BAE SYSTEMS	203
TABLE 183	BAE SYSTEMS: BUSINESS OVERVIEW	203
FIGURE 40	BAE SYSTEMS: COMPANY SNAPSHOT	204
TABLE 184	BAE SYSTEMS: DEALS	205
13.1.7	ISRAEL AEROSPACE INDUSTRIES	206
TABLE 185	ISRAEL AEROSPACE INDUSTRIES: BUSINESS OVERVIEW	206
FIGURE 41	ISRAEL AEROSPACE INDUSTRIES: COMPANY SNAPSHOT	207
TABLE 186	ISRAEL AEROSPACE INDUSTRIES: PRODUCT LAUNCHES	208
TABLE 187	ISRAEL AEROSPACE INDUSTRIES: DEALS	209
13.1.8	THALES	210
TABLE 188	THALES: BUSINESS OVERVIEW	210
FIGURE 42	THALES: COMPANY SNAPSHOT	211
TABLE 189	THALES: DEALS	212
13.1.9	RHEINMETALL	213
TABLE 190	RHEINMETALL: BUSINESS OVERVIEW	213
FIGURE 43	RHEINMETALL: COMPANY SNAPSHOT	214
TABLE 191	RHEINMETALL: PRODUCT LAUNCHES	215
TABLE 192	RHEINMETALL: DEALS	215
13.1.10	LEONARDO S.P.A.	216
TABLE 193	LEONARDO S.P.A.: BUSINESS OVERVIEW	216
FIGURE 44	LEONARDO S.P.A.: COMPANY SNAPSHOT	217
TABLE 194	LEONARDO S.P.A.: PRODUCT LAUNCHES	218
TABLE 195	LEONARDO S.P.A.: DEALS	218
13.1.11	MBDA	219
TABLE 196	MBDA: BUSINESS OVERVIEW	219
13.1.12	MBDA: PRODUCTS OFFERED	219
TABLE 197	MBDA: DEALS	220
13.1.13	ASELSAN A.S.	222
TABLE 198	ASELSAN A.S.: BUSINESS OVERVIEW	222
FIGURE 45	ASELSAN A.S.: COMPANY SNAPSHOT	222
TABLE 199	ASELSAN A.S.: PRODUCTS OFFERED 	223
TABLE 200	ASELSAN A.S.: PRODUCT LAUNCHES	224
TABLE 201	ASELSAN A.S.: DEALS	224
13.1.14	KONGSBERG	225
TABLE 202	KONGSBERG: BUSINESS OVERVIEW	225
FIGURE 46	KONGSBERG: COMPANY SNAPSHOT	226
TABLE 203	KONGSBERG: DEALS	227
13.1.15	SAAB AB	228
TABLE 204	SAAB AB: BUSINESS OVERVIEW	228
FIGURE 47	SAAB AB: COMPANY SNAPSHOT	229
TABLE 205	SAAB AB: PRODUCT LAUNCHES	230
TABLE 206	SAAB AB: DEALS	230
13.1.16	SAFRAN	232
TABLE 207	SAFRAN: BUSINESS OVERVIEW	232
FIGURE 48	SAFRAN: COMPANY SNAPSHOT	232
TABLE 208	SAFRAN: PRODUCTS OFFERED 	233
TABLE 209	SAFRAN: DEALS	233
13.1.17	RAFAEL ADVANCED DEFENSE SYSTEMS LTD.	235
TABLE 210	RAFAEL ADVANCED DEFENSE SYSTEMS LTD.: BUSINESS OVERVIEW	235
TABLE 211	RAFAEL ADVANCED DEFENSE SYSTEMS LTD.: DEALS	236
13.1.18	HANWHA DEFENSE	237
TABLE 212	HANWHA DEFENSE: BUSINESS OVERVIEW	237
TABLE 213	HANWHA DEFENSE: PRODUCT LAUNCHES	238
TABLE 214	HANWHA DEFENSE: DEALS	238
13.1.19	GENERAL ATOMICS	240
TABLE 215	GENERAL ATOMICS: BUSINESS OVERVIEW	240
TABLE 216	GENERAL ATOMICS: DEALS	241
 
13.2	OTHER PLAYERS	242
13.2.1	DYNETICS, INC.	242
TABLE 217	DYNETICS, INC.: BUSINESS OVERVIEW	242
TABLE 218	DYNETICS, INC.: PRODUCT LAUNCHES	243
TABLE 219	DYNETICS, INC.: DEALS	243
13.2.2	DENEL DYNAMICS	244
TABLE 220	DENEL DYNAMICS: BUSINESS OVERVIEW	244
13.2.3	ALMAZ-ANTEY	245
TABLE 221	ALMAZ-ANTEY: BUSINESS OVERVIEW	245
TABLE 222	ALMAZ-ANTEY: PRODUCT LAUNCHES	246
TABLE 223	ALMAZ-ANTEY: DEALS	246
13.2.4	ROKETSAN	247
TABLE 224	ROKETSAN: BUSINESS OVERVIEW	247
TABLE 225	ROKETSAN: PRODUCT LAUNCHES	247
TABLE 226	ROKETSAN: DEALS	248
13.2.5	ADSYS CONTROLS, INC.	249
TABLE 227	ADSYS CONTROLS, INC.: BUSINESS OVERVIEW	249
13.2.6	FRONTIER ELECTRONIC SYSTEMS CORP.	250
TABLE 228	FRONTIER ELECTRONIC SYSTEMS CORP.: BUSINESS OVERVIEW	250
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
14	APPENDIX	251
14.1	DISCUSSION GUIDE	251
14.2	KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	254
14.3	AVAILABLE CUSTOMIZATION	256
14.4	RELATED REPORTS	256
14.5	AUTHOR DETAILS	257
			       1	INTRODUCTION	31
1.1	OBJECTIVES OF THE STUDY	31
1.2	MARKET DEFINITION	31
1.3	MARKET SCOPE	32
1.3.1	MARKETS COVERED	32
FIGURE 1	MISSILE DEFENSE SYSTEM MARKET SEGMENTATION	32
1.3.2	REGIONAL SCOPE	32
1.3.3	YEARS CONSIDERED FOR THE STUDY	33
1.4	INCLUSIONS AND EXCLUSIONS	33
TABLE 1	INCLUSIONS AND EXCLUSIONS IN MISSILE DEFENSE SYSTEM MARKET	33
1.5	CURRENCY & PRICING	34
1.6	LIMITATIONS	34
1.7	MARKET STAKEHOLDERS	34
2	RESEARCH METHODOLOGY	35
2.1	RESEARCH DATA	35
FIGURE 2	REPORT PROCESS FLOW	35
FIGURE 3	MISSILE DEFENSE SYSTEM MARKET: RESEARCH DESIGN	36
2.1.1	SECONDARY DATA	37
2.1.1.1	Key data from secondary sources	37
2.1.2	PRIMARY DATA	38
2.1.2.1	Key data from primary sources	38
2.1.2.2	Breakdown of primaries	39
FIGURE 4	BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION	39
2.2	FACTOR ANALYSIS	39
2.2.1	INTRODUCTION	39
2.2.2	DEMAND-SIDE INDICATORS	40
2.2.2.1	Increasing defense spending	40
2.2.3	SUPPLY-SIDE ANALYSIS	40
2.2.3.1	Rising adoption of AI in military operations	40
2.3	MARKET DEFINITION & SCOPE	41
2.3.1	SEGMENT DEFINITIONS	41
2.3.1.1	Missile defense system market, by technology	41
2.3.1.2	Missile defense system market, by range	41
2.3.1.3	Missile defense system market, by threat type	41
2.3.1.4	Missile defense system market, by domain	41
2.3.1.5	Key industry insights	42
TABLE 2	PRIMARY INTERVIEWEES DETAILS	42
2.4	MARKET SIZE ESTIMATION & METHODOLOGY	42
2.4.1	BOTTOM-UP APPROACH	43
FIGURE 5	MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH	43
2.4.1.1	COVID-19 impact on market analysis	44
2.4.2	TOP-DOWN APPROACH	44
FIGURE 6	MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH	44
2.5	DATA TRIANGULATION	45
FIGURE 7	DATA TRIANGULATION: MISSILE DEFENSE SYSTEM MARKET	45
2.6	MARKET SIZING & FORECASTING	46
2.7	RESEARCH ASSUMPTIONS	46
2.8	LIMITATIONS	46
3	EXECUTIVE SUMMARY	47
FIGURE 8	MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021 & 2026 (USD MILLION)	48
FIGURE 9	MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2021 & 2026 (USD MILLION)	49
FIGURE 10	LONG-RANGE SEGMENT TO GROW AT HIGHEST CAGR FROM 2021 TO 2026	49
FIGURE 11	NORTH AMERICA ESTIMATED TO LEAD MISSILE DEFENSE SYSTEM MARKET IN 2021	50
4	PREMIUM INSIGHTS	51
4.1	ATTRACTIVE MARKET OPPORTUNITIES IN MISSILE DEFENSE SYSTEM MARKET	51
FIGURE 12	INCREASING DEFENSE EXPENDITURE GLOBALLY TO DEVELOP AIR & MISSILE DEFENSE SYSTEMS WILL DRIVE MARKET GROWTH DURING FORECAST PERIOD	51
4.2	MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY	51
FIGURE 13	WEAPON SYSTEM SEGMENT ESTIMATED TO LEAD MISSILE DEFENSE SYSTEM MARKET DURING FORECAST PERIOD	51
4.3	MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE	52
FIGURE 14	SUPERSONIC SEGMENT PROJECTED TO LEAD MISSILE DEFENSE SYSTEM MARKET FROM 2021 TO 2026	52
4.4	MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY	52
FIGURE 15	INDIA MISSILE DEFENSE SYSTEM MARKET PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD	52
5	MARKET OVERVIEW	53
5.1	INTRODUCTION	53
5.2	MARKET DYNAMICS	53
FIGURE 16	MISSILE DEFENSE SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES	54
5.2.1	DRIVERS	54
5.2.1.1	Increasing defense programs of nations to protect against various threats	54
5.2.1.2	Significant investments in indigenous missile defense systems	55
5.2.1.3	Increasing use of early warning systems for potential air and missile attacks	55
5.2.1.4	Upgrading C2 systems for missile defense systems	55
5.2.1.5	Increasing need for missile detection systems	56
5.2.2	RESTRAINTS	56
5.2.2.1	High cost of missile defense systems	56
5.2.2.2	Regulatory obstacles related to arms transfers	57
5.2.3	OPPORTUNITIES	57
5.2.3.1	Development of new-generation air and missile defense systems	57
5.2.3.2	Rising adoption of AI in military operations	57
5.2.3.2.1	AI in missile defense testing and operations	57
5.2.3.2.2	Contemplating role of AI in missile defense	58
5.2.3.3	Advancements in air defense technology	58
5.2.4	CHALLENGES	58
5.2.4.1	Inability of missile defense systems to intercept threats on any part of trajectory	58
5.2.4.2	Inability to address multiple/diverse threats	58
5.3	COVID-19 IMPACT ON MISSILE DEFENSE SYSTEM MARKET	59
FIGURE 17	COVID-19 IMPACT ON MISSILE DEFENSE SYSTEM MARKET	59
5.4	RANGES AND SCENARIOS	60
FIGURE 18	COVID-19 IMPACT ON MISSILE DEFENSE SYSTEM MARKET: 3 GLOBAL SCENARIOS	60
5.5	VALUE CHAIN ANALYSIS OF MISSILE DEFENSE SYSTEM MARKET	61
FIGURE 19	VALUE CHAIN ANALYSIS	61
5.6	TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS	62
5.6.1	REVENUE SHIFT AND NEW REVENUE POCKETS FOR MISSILE DEFENSE SYSTEM MANUFACTURERS	62
5.7	MISSILE DEFENSE SYSTEM MARKET ECOSYSTEM	63
5.7.1	PROMINENT COMPANIES	63
5.7.2	PRIVATE AND SMALL ENTERPRISES	63
5.7.3	ECOSYSTEM	63
FIGURE 20	MARKET ECOSYSTEM MAP: MISSILE DEFENSE SYSTEM MARKET	63
FIGURE 21	MISSILE DEFENSE SYSTEM MARKET: MARKET ECOSYSTEM	64
TABLE 3	MISSILE DEFENSE SYSTEM MARKET ECOSYSTEM	64
5.7.4	DEMAND-SIDE IMPACTS	65
5.7.4.1	Key developments from March 2021 to August 2021	65
TABLE 4	KEY DEVELOPMENTS IN MISSILE DEFENSE SYSTEM MARKET, MARCH 2021 TO AUGUST 2021	65
5.7.5	SUPPLY-SIDE IMPACT	66
5.7.5.1	Key developments from July 2021 to August 2021	66
TABLE 5	KEY DEVELOPMENTS IN MISSILE DEFENSE SYSTEM MARKET, JULY 2021 TO AUGUST 2021	67
5.8	PORTER’S FIVE FORCES ANALYSIS	68
TABLE 6	MISSILE DEFENSE SYSTEM MARKET: PORTER’S FIVE FORCE ANALYSIS	68
FIGURE 22	MISSILE DEFENSE SYSTEM MARKET: PORTER’S FIVE FORCE ANALYSIS	69
5.8.1	THREAT OF NEW ENTRANTS	69
5.8.2	THREAT OF SUBSTITUTES	70
5.8.3	BARGAINING POWER OF SUPPLIERS	70
5.8.4	BARGAINING POWER OF BUYERS	70
5.8.5	DEGREE OF COMPETITION	70
5.9	REGULATORY LANDSCAPE	71
5.9.1	NORTH AMERICA	71
5.9.2	EUROPE	71
6	INDUSTRY TRENDS	72
6.1	INTRODUCTION	72
6.2	TECHNOLOGY TRENDS	72
6.2.1	NEXT GENERATION INTERCEPTOR (NGI) PROGRAM	72
6.2.2	HYPERSONIC DEFENSE SYSTEM	73
6.2.3	DEVELOPMENT OF MIDCOURSE TRACKING SYSTEM	73
6.2.4	DEVELOPMENT OF DEFENSE TECHNOLOGY	73
6.3	TECHNOLOGY ANALYSIS	74
6.4	USE CASE ANALYSIS	75
6.4.1	USE CASE: NEXT GENERATION INTERCEPTORS	75
6.5	IMPACT OF MEGATRENDS	75
6.5.1	NEXT-GENERATION MISSILE SEEKER	75
6.5.2	ACTIVE PHASED ARRAY RADAR (APAR)	76
6.6	INNOVATIONS AND PATENT REGISTRATIONS	76
7	MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY	80
7.1	INTRODUCTION	81
FIGURE 23	WEAPON SYSTEM SEGMENT PROJECTED TO LEAD MISSILE DEFENSE SYSTEM MARKET DURING FORECAST PERIOD	81
TABLE 7	MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	81
TABLE 8	MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	81
7.2	FIRE CONTROL SYSTEM	82
TABLE 9	FIRE CONTROL SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY TYPE, 2017–2020 (USD MILLION)	82
TABLE 10	FIRE CONTROL SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY TYPE, 2021–2026 (USD MILLION)	82
7.2.1	EO/IR SENSOR AND LASER	82
7.2.1.1	Wide application of EO/IR and laser to drive demand	82
7.2.2	RADAR	83
7.2.2.1	Modernization and technological advancements in radar systems enhance defense capabilities	83
TABLE 11	FIRE CONTROL SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY RADAR TYPE, 2017–2020 (USD MILLION)	83
TABLE 12	FIRE CONTROL SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY RADAR TYPE, 2021–2026 (USD MILLION)	83
7.2.3	SONAR	84
7.2.3.1	Emerging new technologies related to sonar to fuel demand for missile defense systems during forecast period	84
7.3	WEAPON SYSTEM	84
TABLE 13	WEAPON SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY TYPE, 
2017–2020 (USD MILLION)	84
TABLE 14	WEAPON SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY TYPE, 
2021–2026 (USD MILLION)	84
7.3.1	INTERCEPTORS	85
7.3.1.1	Development of new and modernized space-based interceptors to drive market	85
TABLE 15	WEAPON SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY INTERCEPTOR TYPE, 2017–2020 (USD MILLION)	85
TABLE 16	WEAPON SYSTEM: MISSILE DEFENSE SYSTEM MARKET, BY INTERCEPTOR TYPE, 2021–2026 (USD MILLION)	86
7.3.2	GUN/TURRET SYSTEMS	86
7.3.2.1	Development of new advanced turrets with multi-domain functionality to drive demand	86
7.3.3	MISSILE LAUNCHER	86
7.3.3.1	Development of naval missile launch systems to drive market	86
7.4	COUNTERMEASURE SYSTEM	87
7.5	COMMAND & CONTROL SYSTEM	87
8	MISSILE DEFENSE SYSTEM MARKET, BY RANGE	88
8.1	INTRODUCTION	89
FIGURE 24	LONG-RANGE SEGMENT PROJECTED TO REGISTER HIGHEST CAGR GROWTH DURING FORECAST PERIOD	89
TABLE 17	MISSILE DEFENSE SYSTEM MARKET SIZE, BY RANGE, 
2017–2020 (USD MILLION)	89
TABLE 18	MISSILE DEFENSE SYSTEM MARKET SIZE, BY RANGE, 
2021–2026 (USD MILLION)	89
8.2	SHORT	90
8.2.1	INCREASING DEMAND FOR NEXT-GENERATION DEFENSE CAPABILITIES	90
8.3	MEDIUM	90
8.3.1	INCREASING DEMAND FOR DEFENSE SYSTEMS TO ENGAGE VARIOUS THREATS	90
8.4	LONG	91
8.4.1	ENHANCED DEFENSE SYSTEMS	91
 
9	MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE	92
9.1	INTRODUCTION	93
FIGURE 25	HYPERSONIC SEGMENT PROJECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD	93
TABLE 19	MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 
2017–2020 (USD MILLION)	93
TABLE 20	MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE,
 2021–2026 (USD MILLION)	93
9.2	SUBSONIC MISSILE	94
9.2.1	TECHNOLOGICAL ADVANCEMENTS IN FEATURES OF SUBSONIC MISSILES TO DRIVE DEMAND	94
9.3	SUPERSONIC MISSILE	94
9.3.1	MULTI-DOMAIN INTEGRATION CAPABILITIES TO BOOST DEMAND FOR SUPERSONIC MISSILES	94
9.4	HYPERSONIC MISSILE	94
9.4.1	NEED FOR HIGH SPEED AND LONG-RANGE MISSILES TO DRIVE DEMAND FOR HYPERSONIC MISSILES	94
10	MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN	95
10.1	INTRODUCTION	96
FIGURE 26	GROUND SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD	96
TABLE 21	MISSILE DEFENSE SYSTEM MARKET SIZE, BY DOMAIN, 
2017–2020 (USD MILLION)	96
TABLE 22	MISSILE DEFENSE SYSTEM MARKET SIZE, BY DOMAIN, 
2021–2026 (USD MILLION)	96
10.2	GROUND	97
TABLE 23	GROUND: MISSILE DEFENSE SYSTEM MARKET SIZE, BY TYPE, 
2017–2020 (USD MILLION)	97
TABLE 24	GROUND: MISSILE DEFENSE SYSTEM MARKET SIZE, BY TYPE, 
2021–2026 (USD MILLION)	97
10.2.1	FIXED	97
10.2.1.1	Need for surface-to-air-missile systems to counter modern conflicts to drive demand	97
10.2.2	PORTABLE	98
10.2.2.1	Increasing use of MANPADS worldwide to fuel demand	98
10.2.3	VEHICLE	98
10.2.3.1	Rising demand for MAVs during cross border conflicts to boost demand	98
10.3	AIR	98
10.3.1	AIRCRAFT	98
10.3.1.1	Increasing requirement for combat and special mission aircraft for strategic military operations to drive demand	98
10.3.2	UAVS	99
10.3.2.1	Drones becoming integral part of military and defense operations	99
 
10.4	MARINE	99
10.4.1	WARSHIPS	99
10.4.1.1	Growing procurement of destroyer-type warships by US, Saudi Arabia, and Germany expected to drive market	99
10.4.2	SUBMARINE	100
10.4.2.1	Increased focus on developing next-generation submarines will drive market	100
10.5	SPACE	100
10.5.1	SATELLITE	100
10.5.1.1	Wide application of satellites to detect & track ballistic missiles	100
11	REGIONAL ANALYSIS	101
11.1	INTRODUCTION	102
FIGURE 27	GROWTH OF MISSILE DEFENSE SYSTEM MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS FROM 2018 TO 2026	102
FIGURE 28	NORTH AMERICA TO LEAD MISSILE DEFENSE SYSTEM MARKET FROM 2021 TO 2026	103
TABLE 25	MISSILE DEFENSE SYSTEM MARKET, BY REGION, 2017–2020 (USD MILLION)	103
TABLE 26	MISSILE DEFENSE SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION)	103
11.2	NORTH AMERICA	104
11.2.1	COVID-19 IMPACT ON NORTH AMERICA	104
11.2.2	PESTLE ANALYSIS: NORTH AMERICA	104
FIGURE 29	SNAPSHOT: MISSILE DEFENSE SYSTEM MARKET IN NORTH AMERICA	106
TABLE 27	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 2017–2020 (USD MILLION)	106
TABLE 28	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 2021–2026 (USD MILLION)	107
TABLE 29	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)	107
TABLE 30	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	107
TABLE 31	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	107
TABLE 32	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	108
TABLE 33	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	108
TABLE 34	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	108
TABLE 35	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 
2017–2020 (USD MILLION)	108
TABLE 36	NORTH AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 
2021–2026 (USD MILLION)	109
11.2.3	US	109
11.2.3.1	Heavy investments in defense systems	109
TABLE 37	US: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	109
TABLE 38	US: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	109
TABLE 39	US: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	110
TABLE 40	US: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	110
TABLE 41	US: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	110
TABLE 42	US: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	110
11.2.4	CANADA	111
11.2.4.1	Government support drives Missile defense system market in Canada	111
TABLE 43	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	111
TABLE 44	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	111
TABLE 45	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	112
TABLE 46	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	112
TABLE 47	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	112
TABLE 48	CANADA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	112
11.3	ASIA PACIFIC	113
11.3.1	COVID-19 IMPACT ON ASIA PACIFIC	113
11.3.2	PESTLE ANALYSIS: ASIA PACIFIC	113
FIGURE 30	SNAPSHOT: MISSILE DEFENSE SYSTEM MARKET IN ASIA PACIFIC	115
TABLE 49	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 
2017–2020	115
TABLE 50	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 
2021–2026 (USD MILLION)	116
TABLE 51	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	116
TABLE 52	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	116
TABLE 53	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	116
TABLE 54	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	117
TABLE 55	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
 2017–2020 (USD MILLION)	117
TABLE 56	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	117
TABLE 57	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 
2017–2020 (USD MILLION)	118
TABLE 58	ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY,
 2021–2026 (USD MILLION)	118
11.3.3	CHINA	118
11.3.3.1	Increasing expenditure on R&D of military equipment drives market	118
TABLE 59	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	119
TABLE 60	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	119
TABLE 61	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	119
TABLE 62	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	120
TABLE 63	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	120
TABLE 64	CHINA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	120
11.3.4	INDIA	120
11.3.4.1	Ongoing military modernization to fuel market growth	120
TABLE 65	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	121
TABLE 66	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	121
TABLE 67	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	121
TABLE 68	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	122
TABLE 69	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	122
TABLE 70	INDIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
 2021–2026 (USD MILLION)	122
11.3.5	JAPAN	122
11.3.5.1	Development of new missile defense systems and procurement of radars drive market	122
TABLE 71	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	123
TABLE 72	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	123
TABLE 73	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	123
TABLE 74	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	124
TABLE 75	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	124
TABLE 76	JAPAN: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	124
11.3.6	SOUTH KOREA	124
11.3.6.1	Focusing on acquiring various surveillance and missile defense systems	124
TABLE 77	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)	125
TABLE 78	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	125
TABLE 79	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	126
TABLE 80	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	126
TABLE 81	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	126
TABLE 82	SOUTH KOREA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	126
11.3.7	AUSTRALIA	127
11.3.7.1	Enhancement of air and missile defense systems	127
TABLE 83	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	127
TABLE 84	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	128
TABLE 85	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	128
TABLE 86	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	128
TABLE 87	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	129
TABLE 88	AUSTRALIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	129
11.3.8	REST OF ASIA PACIFIC	129
11.3.8.1	Limited local players offer lucrative opportunities for missile defense system manufacturers in Rest of Asia Pacific	129
TABLE 89	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, 
BY TECHNOLOGY, 2017–2020 (USD MILLION)	130
TABLE 90	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, 
BY TECHNOLOGY, 2021–2026 (USD MILLION)	130
TABLE 91	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2017–2020 (USD MILLION)	130
TABLE 92	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2021–2026 (USD MILLION)	131
TABLE 93	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2017–2020 (USD MILLION)	131
TABLE 94	REST OF ASIA PACIFIC: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2021–2026 (USD MILLION)	131
11.4	EUROPE	131
11.4.1	COVID-19 IMPACT ON EUROPE	132
11.4.2	PESTLE ANALYSIS: EUROPE	132
FIGURE 31	SNAPSHOT: MISSILE DEFENSE SYSTEM MARKET IN EUROPE	133
TABLE 95	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 
2017–2020 (USD MILLION)	134
TABLE 96	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 
2021–2026 (USD MILLION)	134
TABLE 97	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	134
TABLE 98	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	134
TABLE 99	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	135
TABLE 100	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	135
TABLE 101	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
 2017–2020 (USD MILLION)	135
TABLE 102	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	135
TABLE 103	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 
2017–2020 (USD MILLION)	136
TABLE 104	EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 
2021–2026 (USD MILLION)	136
11.4.3	UK	136
11.4.3.1	Modernization of defense programs expected to boost market in UK	136
TABLE 105	UK: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	137
TABLE 106	UK: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	137
TABLE 107	UK: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	137
TABLE 108	UK: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN,
 2021–2026 (USD MILLION)	137
TABLE 109	UK: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
 2017–2020 (USD MILLION)	138
TABLE 110	UK: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
 2021–2026 (USD MILLION)	138
11.4.4	FRANCE	138
11.4.4.1	Technological advancements to drive market	138
TABLE 111	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	139
TABLE 112	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY,
 2021–2026 (USD MILLION)	139
TABLE 113	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN,
 2017–2020 (USD MILLION)	139
TABLE 114	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	139
TABLE 115	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	140
TABLE 116	FRANCE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	140
11.4.5	GERMANY	140
11.4.5.1	Increasing investments in R&D for advanced military capabilities	140
TABLE 117	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	141
TABLE 118	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	141
TABLE 119	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	141
TABLE 120	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	141
TABLE 121	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	142
TABLE 122	GERMANY: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	142
11.4.6	ITALY	142
11.4.6.1	Redeveloping defense systems to drive market in Italy	142
TABLE 123	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	142
TABLE 124	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	143
TABLE 125	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	143
TABLE 126	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	143
TABLE 127	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	143
TABLE 128	ITALY: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	144
11.4.7	RUSSIA	144
11.4.7.1	Increasing export of air defense systems	144
TABLE 129	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2017–2020 (USD MILLION)	144
TABLE 130	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	145
TABLE 131	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	145
TABLE 132	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	145
TABLE 133	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	146
TABLE 134	RUSSIA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	146
11.4.8	REST OF EUROPE	146
11.4.8.1	Increasing instances of cross-border conflicts in Rest of Europe	146
TABLE 135	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)	147
TABLE 136	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	147
TABLE 137	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	147
TABLE 138	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	148
TABLE 139	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	148
TABLE 140	REST OF EUROPE: MISSILE DEFENSE SYSTEM MARKET, BY RANGE,
2021–2026 (USD MILLION)	148
11.5	REST OF THE WORLD	148
11.5.1	COVID-19 IMPACT ON REST OF THE WORLD	149
11.5.2	PESTLE ANALYSIS: REST OF THE WORLD	149
TABLE 141	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 2017–2020 (USD MILLION)	150
TABLE 142	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY THREAT TYPE, 2021–2026 (USD MILLION)	150
TABLE 143	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)	150
TABLE 144	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	151
TABLE 145	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2017–2020 (USD MILLION)	151
TABLE 146	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2021–2026 (USD MILLION)	151
TABLE 147	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2017–2020 (USD MILLION)	152
TABLE 148	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2021–2026 (USD MILLION)	152
TABLE 149	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 2017–2020 (USD MILLION)	152
TABLE 150	REST OF THE WORLD: MISSILE DEFENSE SYSTEM MARKET, BY COUNTRY, 2021–2026 (USD MILLION)	152
11.5.3	LATIN AMERICA	153
11.5.3.1	Focus on strengthening combat capabilities	153
TABLE 151	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)	153
TABLE 152	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	154
TABLE 153	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2017–2020 (USD MILLION)	154
TABLE 154	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 
2021–2026 (USD MILLION)	154
TABLE 155	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2017–2020 (USD MILLION)	155
TABLE 156	LATIN AMERICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 
2021–2026 (USD MILLION)	155
11.5.4	MIDDLE EAST & AFRICA	155
11.5.4.1	Focus on securing borders and improving military capabilities to drive market	155
TABLE 157	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, 
BY TECHNOLOGY, 2017–2020 (USD MILLION)	156
TABLE 158	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, 
BY TECHNOLOGY, 2021–2026 (USD MILLION)	156
TABLE 159	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, BY DOMAIN, 2017–2020 (USD MILLION)	156
TABLE 160	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, 
BY DOMAIN, 2021–2026 (USD MILLION)	157
TABLE 161	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2017–2020 (USD MILLION)	157
TABLE 162	MIDDLE EAST & AFRICA: MISSILE DEFENSE SYSTEM MARKET, BY RANGE, 2021–2026 (USD MILLION)	157
12	COMPETITIVE LANDSCAPE	158
12.1	INTRODUCTION	158
12.2	COMPETITIVE OVERVIEW	158
TABLE 163	KEY DEVELOPMENTS BY LEADING PLAYERS IN MISSILE DEFENSE SYSTEM MARKET BETWEEN 2019 AND 2021	158
FIGURE 32	MARKET EVALUATION FRAMEWORK: CONTRACTS MAJORLY ADOPTED BY MARKET PLAYERS	160
12.3	MARKET RANKING ANALYSIS OF KEY PLAYERS, 2020	160
FIGURE 33	RANKING ANALYSIS OF TOP 5 PLAYERS: MISSILE DEFENSE SYSTEM MARKET, 2020	160
12.4	MARKET SHARE OF KEY PLAYERS, 2020	161
12.5	REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS, 2020	162
12.6	COMPANY PRODUCT FOOTPRINT ANALYSIS	163
TABLE 164	COMPANY PRODUCT FOOTPRINT	163
TABLE 165	COMPANY PRODUCT TYPE FOOTPRINT	164
TABLE 166	COMPANY SOLUTION FOOTPRINT	165
TABLE 167	COMPANY REGION FOOTPRINT	166
12.7	COMPANY EVALUATION QUADRANT	167
12.7.1	STAR	167
12.7.2	EMERGING LEADER	167
12.7.3	PERVASIVE	167
12.7.4	PARTICIPANT	167
FIGURE 34	MARKET COMPETITIVE LEADERSHIP MAPPING, 2020	168
12.8	COMPETITIVE SCENARIO	169
12.8.1	MARKET EVALUATION FRAMEWORK	169
12.8.2	NEW PRODUCT LAUNCHES AND DEVELOPMENTS	169
TABLE 168	NEW PRODUCT LAUNCHES AND DEVELOPMENTS, 2019-2021	169
12.8.3	CONTRACTS	171
TABLE 169	CONTRACTS, 2019-2021	171
12.8.4	ACQUISITIONS/PARTNERSHIPS/AGREEMENTS	178
TABLE 170	ACQUISITIONS/PARTNERSHIPS/AGREEMENTS, 2019-2021	178
 
13	COMPANY PROFILES:	181
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1	KEY PLAYERS	181
13.1.1	NORTHROP GRUMMAN CORPORATION	181
TABLE 171	NORTHROP GRUMMAN CORPORATION: BUSINESS OVERVIEW	181
FIGURE 35	NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT	182
TABLE 172	NORTHROP GRUMMAN CORPORATION: DEALS	183
13.1.2	LOCKHEED MARTIN CORPORATION	185
TABLE 173	LOCKHEED MARTIN CORPORATION: BUSINESS OVERVIEW	185
FIGURE 36	LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT	186
TABLE 174	LOCKHEED MARTIN CORPORATION: DEALS	187
13.1.3	RAYTHEON TECHNOLOGIES CORPORATION	190
TABLE 175	BUSINESS OVERVIEW	190
FIGURE 37	RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT	190
TABLE 176	RAYTHEON TECHNOLOGIES CORPORATION: PRODUCTS/SOLUTION/SERVICES OFFERED	191
TABLE 177	RAYTHEON TECHNOLOGIES CORPORATION: PRODUCT LAUNCHES	192
TABLE 178	RAYTHEON TECHNOLOGIES CORPORATION: DEALS	192
13.1.4	BOEING COMPANY	195
TABLE 179	BOEING COMPANY: BUSINESS OVERVIEW	195
FIGURE 38	BOEING COMPANY: COMPANY SNAPSHOT	196
TABLE 180	BOEING COMPANY: DEALS	197
13.1.5	GENERAL DYNAMICS CORPORATION	199
TABLE 181	GENERAL DYNAMICS CORPORATION: BUSINESS OVERVIEW	199
FIGURE 39	GENERAL DYNAMICS CORPORATION: COMPANY SNAPSHOT	200
TABLE 182	GENERAL DYNAMICS CORPORATION: DEALS	201
13.1.6	BAE SYSTEMS	203
TABLE 183	BAE SYSTEMS: BUSINESS OVERVIEW	203
FIGURE 40	BAE SYSTEMS: COMPANY SNAPSHOT	204
TABLE 184	BAE SYSTEMS: DEALS	205
13.1.7	ISRAEL AEROSPACE INDUSTRIES	206
TABLE 185	ISRAEL AEROSPACE INDUSTRIES: BUSINESS OVERVIEW	206
FIGURE 41	ISRAEL AEROSPACE INDUSTRIES: COMPANY SNAPSHOT	207
TABLE 186	ISRAEL AEROSPACE INDUSTRIES: PRODUCT LAUNCHES	208
TABLE 187	ISRAEL AEROSPACE INDUSTRIES: DEALS	209
13.1.8	THALES	210
TABLE 188	THALES: BUSINESS OVERVIEW	210
FIGURE 42	THALES: COMPANY SNAPSHOT	211
TABLE 189	THALES: DEALS	212
13.1.9	RHEINMETALL	213
TABLE 190	RHEINMETALL: BUSINESS OVERVIEW	213
FIGURE 43	RHEINMETALL: COMPANY SNAPSHOT	214
TABLE 191	RHEINMETALL: PRODUCT LAUNCHES	215
TABLE 192	RHEINMETALL: DEALS	215
13.1.10	LEONARDO S.P.A.	216
TABLE 193	LEONARDO S.P.A.: BUSINESS OVERVIEW	216
FIGURE 44	LEONARDO S.P.A.: COMPANY SNAPSHOT	217
TABLE 194	LEONARDO S.P.A.: PRODUCT LAUNCHES	218
TABLE 195	LEONARDO S.P.A.: DEALS	218
13.1.11	MBDA	219
TABLE 196	MBDA: BUSINESS OVERVIEW	219
13.1.12	MBDA: PRODUCTS OFFERED	219
TABLE 197	MBDA: DEALS	220
13.1.13	ASELSAN A.S.	222
TABLE 198	ASELSAN A.S.: BUSINESS OVERVIEW	222
FIGURE 45	ASELSAN A.S.: COMPANY SNAPSHOT	222
TABLE 199	ASELSAN A.S.: PRODUCTS OFFERED 	223
TABLE 200	ASELSAN A.S.: PRODUCT LAUNCHES	224
TABLE 201	ASELSAN A.S.: DEALS	224
13.1.14	KONGSBERG	225
TABLE 202	KONGSBERG: BUSINESS OVERVIEW	225
FIGURE 46	KONGSBERG: COMPANY SNAPSHOT	226
TABLE 203	KONGSBERG: DEALS	227
13.1.15	SAAB AB	228
TABLE 204	SAAB AB: BUSINESS OVERVIEW	228
FIGURE 47	SAAB AB: COMPANY SNAPSHOT	229
TABLE 205	SAAB AB: PRODUCT LAUNCHES	230
TABLE 206	SAAB AB: DEALS	230
13.1.16	SAFRAN	232
TABLE 207	SAFRAN: BUSINESS OVERVIEW	232
FIGURE 48	SAFRAN: COMPANY SNAPSHOT	232
TABLE 208	SAFRAN: PRODUCTS OFFERED 	233
TABLE 209	SAFRAN: DEALS	233
13.1.17	RAFAEL ADVANCED DEFENSE SYSTEMS LTD.	235
TABLE 210	RAFAEL ADVANCED DEFENSE SYSTEMS LTD.: BUSINESS OVERVIEW	235
TABLE 211	RAFAEL ADVANCED DEFENSE SYSTEMS LTD.: DEALS	236
13.1.18	HANWHA DEFENSE	237
TABLE 212	HANWHA DEFENSE: BUSINESS OVERVIEW	237
TABLE 213	HANWHA DEFENSE: PRODUCT LAUNCHES	238
TABLE 214	HANWHA DEFENSE: DEALS	238
13.1.19	GENERAL ATOMICS	240
TABLE 215	GENERAL ATOMICS: BUSINESS OVERVIEW	240
TABLE 216	GENERAL ATOMICS: DEALS	241
 
13.2	OTHER PLAYERS	242
13.2.1	DYNETICS, INC.	242
TABLE 217	DYNETICS, INC.: BUSINESS OVERVIEW	242
TABLE 218	DYNETICS, INC.: PRODUCT LAUNCHES	243
TABLE 219	DYNETICS, INC.: DEALS	243
13.2.2	DENEL DYNAMICS	244
TABLE 220	DENEL DYNAMICS: BUSINESS OVERVIEW	244
13.2.3	ALMAZ-ANTEY	245
TABLE 221	ALMAZ-ANTEY: BUSINESS OVERVIEW	245
TABLE 222	ALMAZ-ANTEY: PRODUCT LAUNCHES	246
TABLE 223	ALMAZ-ANTEY: DEALS	246
13.2.4	ROKETSAN	247
TABLE 224	ROKETSAN: BUSINESS OVERVIEW	247
TABLE 225	ROKETSAN: PRODUCT LAUNCHES	247
TABLE 226	ROKETSAN: DEALS	248
13.2.5	ADSYS CONTROLS, INC.	249
TABLE 227	ADSYS CONTROLS, INC.: BUSINESS OVERVIEW	249
13.2.6	FRONTIER ELECTRONIC SYSTEMS CORP.	250
TABLE 228	FRONTIER ELECTRONIC SYSTEMS CORP.: BUSINESS OVERVIEW	250
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
14	APPENDIX	251
14.1	DISCUSSION GUIDE	251
14.2	KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	254
14.3	AVAILABLE CUSTOMIZATION	256
14.4	RELATED REPORTS	256
14.5	AUTHOR DETAILS	257
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			       1	INTRODUCTION	39
1.1	OBJECTIVES OF THE STUDY	39
1.2	MARKET DEFINITION	39
1.3	MARKET SCOPE	40
1.3.1	MARKETS COVERED	40
FIGURE 1	SONAR SYSTEM MARKET SEGMENTATION	40
1.3.2	REGIONAL SCOPE	40
1.3.3	YEARS CONSIDERED FOR THE STUDY	41
1.4	INCLUSIONS & EXCLUSIONS	41
1.5	CURRENCY & PRICING	41
TABLE 1	USD EXCHANGE RATES	42
1.6	LIMITATIONS	42
1.7	MARKET STAKEHOLDERS	43
1.8	SUMMARY OF CHANGES	43
2	RESEARCH METHODOLOGY	44
2.1	RESEARCH DATA	44
FIGURE 2	REPORT PROCESS FLOW	44
FIGURE 3	RESEARCH DESIGN	45
2.1.1	SECONDARY DATA	45
FIGURE 4	KEY DATA FROM SECONDARY SOURCES	46
2.1.2	PRIMARY DATA	46
2.1.2.1	Key primary sources	46
2.1.2.2	Breakdown of primaries	47
FIGURE 5	BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION	47
2.1.3	DEMAND-SIDE INDICATORS	47
2.1.3.1	Increasing adoption rate of unmanned underwater vehicles (UUVs)	47
2.1.4	SUPPLY-SIDE ANALYSIS	47
2.1.4.1	Development of dipping sonars & sonobuoys for anti-submarine warfare	48
2.2	MARKET SIZE ESTIMATION	48
2.2.1	SEGMENTS AND SUBSEGMENTS	48
2.2.1.1	Key industry insights	49
2.3	RESEARCH APPROACH & METHODOLOGY	50
2.3.1	BOTTOM-UP APPROACH	50
2.3.2	SONAR SYSTEM MARKET ESTIMATION PROCEDURE	50
FIGURE 6	MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH	51
2.3.2.1	COVID-19 impact on market analysis	51
2.3.3	TOP-DOWN APPROACH	51
FIGURE 7	MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH	51
2.4	DATA TRIANGULATION	52
FIGURE 8	DATA TRIANGULATION	52
2.4.1	TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH	53
2.5	GROWTH RATE ASSUMPTIONS	53
2.6	ASSUMPTIONS FOR RESEARCH STUDY	53
2.7	LIMITATIONS	54
2.8	RISKS	54
3	EXECUTIVE SUMMARY	55
FIGURE 9	BY PLATFORM, UNMANNED UNDERWATER VEHICLES (UUVS) SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD	55
FIGURE 10	BY APPLICATION, MINE DETECTION & COUNTERMEASURE SYSTEMS SEGMENT PROJECTED TO GROW AT HIGHEST RATE DURING FORECAST PERIOD	56
FIGURE 11	BY PRODUCT, HULL-MOUNTED SONAR SEGMENT EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	56
FIGURE 12	BY TECHNOLOGY, ACTIVE SEGMENT ESTIMATED TO LEAD SONAR SYSTEM MARKET DURING FORECAST PERIOD	57
FIGURE 13	ASIA PACIFIC ESTIMATED TO LEAD SONAR SYSTEM MARKET IN 2021	57
4	PREMIUM INSIGHTS	58
4.1	ATTRACTIVE GROWTH OPPORTUNITIES IN SONAR SYSTEM MARKET	58
FIGURE 14	CHANGING NATURE OF WARFARE TO DRIVE SONAR SYSTEM MARKET	58
4.2	SONAR SYSTEM MARKET, BY INSTALLATION	58
FIGURE 15	FIXED SONAR SYSTEMS SEGMENT ESTIMATED TO LEAD MARKET 
FROM 2018 TO 2026	58
4.3	SONAR SYSTEM MARKET, BY END USER	59
FIGURE 16	RETROFIT SEGMENT TO LEAD MARKET FROM 2018 TO 2026	59
4.4	SONAR SYSTEM MARKET, BY FREQUENCY	59
FIGURE 17	ULTRASONIC FREQUENCY SEGMENT TO LEAD MARKET FROM 2018 TO 2026	59
4.5	SONAR SYSTEM MARKET, BY SOLUTION	60
FIGURE 18	2D SONAR SEGMENT TO LEAD MARKET FROM 2018 TO 2026	60
4.6	SONAR SYSTEM MARKET, BY COUNTRY	60
FIGURE 19	ITALY PROJECTED TO BE FASTEST-GROWING MARKET FROM 2021 TO 2026	60
5	MARKET OVERVIEW	61
5.1	INTRODUCTION	61
5.2	MARKET DYNAMICS	61
FIGURE 20	SONAR SYSTEM MARKET DYNAMICS	61
5.2.1	DRIVERS	62
5.2.1.1	Growth in deliveries of military vessels	62
FIGURE 21	GLOBAL MILITARY VESSELS DELIVERED FROM 2018 TO 2021	62
5.2.1.2	Changing nature of warfare	62
5.2.1.3	Increasing defense expenditure of emerging economies	62
TABLE 2	DEFENSE BUDGET OF INDIA & CHINA, 2015-2020 (USD BILLION)	63
5.2.1.4	Growing need for cost-effective sonar systems for anti-submarine warfare	63
5.2.1.5	Increasing adoption rate of unmanned underwater vehicles (UUVs)	63
5.2.2	RESTRAINTS	63
5.2.2.1	Side-effects of sonar on marine life	63
5.2.3	OPPORTUNITIES	64
5.2.3.1	Support for researchers and manufacturers for developing sonar systems	64
5.2.4	CHALLENGES	64
5.2.4.1	Complex training involved in building anti-submarine warfare capability	64
5.3	COVID-19 IMPACT SCENARIOS	65
5.4	IMPACT OF COVID-19 ON SONAR SYSTEM MARKET	66
FIGURE 22	IMPACT OF COVID-19 ON SONAR SYSTEM MARKET	66
5.4.1	DEMAND-SIDE IMPACT	67
5.4.1.1	Key developments from January 2020 to August 2021	67
TABLE 3	KEY DEVELOPMENTS IN SONAR SYSTEM MARKET, 2020-2021	67
5.4.2	SUPPLY-SIDE IMPACT	67
5.5	TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS	68
5.5.1	SONAR SYSTEMS FOR UNMANNED UNDERWATER VEHICLES (UUV)	68
5.5.2	DEVELOPMENT OF 3D SONAR SYSTEM BY CODA OCTOPUS	68
FIGURE 23	TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS	68
5.6	MARKET ECOSYSTEM	69
5.6.1	PROMINENT COMPANIES	69
5.6.2	PRIVATE AND SMALL ENTERPRISES	69
5.6.3	END USERS	69
FIGURE 24	SONAR SYSTEMS ECOSYSTEM	69
TABLE 4	SONAR SYSTEM MARKET ECOSYSTEM	70
5.7	PRICING ANALYSIS	71
5.7.1	AVERAGE SELLING PRICE ANALYSIS OF SONAR SYSTEMS IN 2020	71
5.8	TARIFF REGULATORY LANDSCAPE FOR MARITIME INDUSTRY	71
5.9	TRADE DATA	71
5.9.1	TRADE ANALYSIS	71
TABLE 5	COUNTRY-WISE EXPORTS, 2019-2020 (USD THOUSAND)	71
TABLE 6	COUNTRY-WISE IMPORTS, 2019-2020 (USD THOUSAND)	72
5.10	VALUE CHAIN ANALYSIS OF SONAR SYSTEM MARKET	72
FIGURE 25	VALUE CHAIN ANALYSIS	73
5.11	PORTER’S FIVE FORCES MODEL	74
5.11.1	KEY SONAR SYSTEM MARKET: PORTER’S FIVE FORCE ANALYSIS	74
FIGURE 26	SONAR SYSTEM MARKET: PORTER'S FIVE FORCE ANALYSIS	75
5.11.2	THREAT OF NEW ENTRANTS	75
5.11.3	THREAT OF SUBSTITUTES	76
5.11.4	BARGAINING POWER OF SUPPLIERS	76
5.11.5	BARGAINING POWER OF BUYERS	76
5.11.6	COMPETITION IN THE INDUSTRY	76
5.12	TECHNOLOGY ANALYSIS	76
5.12.1	DEVELOPMENT OF DIPPING SONAR & SONOBUOYS FOR ANTI-SUBMARINE WARFARE	76
5.13	USE CASES	77
5.13.1	INDIAN NAVY FORMALLY INDUCTED FOUR TYPES OF INDIGENOUSLY DEVELOPED SONAR	77
5.14	OPERATIONAL DATA	77
TABLE 7	NEW COMMERCIAL SHIP DELIVERIES, BY TYPE, 2017-2020	77
6	SONAR SYSTEM MARKET, BY PLATFORM	78
6.1	INTRODUCTION	79
FIGURE 27	UNMANNED UNDERWATER VEHICLES (UUVS) EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	79
TABLE 8	SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	79
TABLE 9	SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	80
6.2	COMMERCIAL VESSELS	80
FIGURE 28	SONAR SYSTEMS USED IN BULK CARRIERS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	80
TABLE 10	SONAR SYSTEMS IN COMMERCIAL VESSELS MARKET, BY TYPE, 
2018–2020 (USD MILLION)	80
TABLE 11	SONAR SYSTEMS IN COMMERCIAL VESSELS MARKET, BY TYPE, 
2021–2026 (USD MILLION)	81
6.2.1	BULK CARRIERS	81
6.2.2	TANKERS	81
6.2.3	PASSENGER CRUISE	81
6.2.4	DRY CARGO	81
6.2.4.1	Containers	81
6.2.4.2	General cargo ships	81
6.2.4.3	Dredgers	82
6.3	DEFENSE VESSELS	82
FIGURE 29	SONAR SYSTEMS USED IN DESTROYERS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	82
TABLE 12	SONAR SYSTEMS IN DEFENSE VESSELS MARKET, BY TYPE, 
2018–2020 (USD MILLION)	82
TABLE 13	SONAR SYSTEMS IN DEFENSE VESSELS MARKET, BY TYPE, 
2021–2026 (USD MILLION)	83
6.3.1	AIRCRAFT CARRIERS	83
6.3.2	AMPHIBIOUS SHIPS	83
6.3.3	DESTROYERS	83
6.3.4	FRIGATES	83
6.3.5	SUBMARINES	83
6.3.6	CORVETTES	84
6.3.7	OFFSHORE PATROL VESSELS	84
6.4	UNMANNED UNDERWATER VEHICLES (UUV)	84
FIGURE 30	SONAR SYSTEMS USED IN ROVS EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD	84
TABLE 14	SONAR SYSTEMS IN UNMANNED UNDERWATER VEHICLES MARKET, BY TYPE, 2018–2020 (USD MILLION)	84
TABLE 15	SONAR SYSTEMS IN UNMANNED UNDERWATER VEHICLES MARKET, BY TYPE, 2021–2026 (USD MILLION)	85
6.4.1	REMOTELY OPERATED VEHICLES	85
6.4.2	AUTONOMOUS UNDERWATER VEHICLES	85
6.5	AIRCRAFT	85
FIGURE 31	ROTARY WING SEGMENT EXPECTED TO LEAD MARKET FOR SONAR SYSTEMS IN AIRCRAFT FROM 2021 TO 2026	85
TABLE 16	SONAR SYSTEMS IN AIRCRAFT MARKET, BY TYPE, 
2018–2020 (USD MILLION)	86
TABLE 17	SONAR SYSTEMS IN AIRCRAFT MARKET, BY TYPE, 
2021–2026 (USD MILLION)	86
6.5.1	FIXED-WING AIRCRAFT	86
6.5.2	ROTARY-WING AIRCRAFT	86
6.6	PORTS	86
6.6.1	SIDE SCAN SONAR SYSTEMS INSTALLED ON PORTS ARE USED FOR OBJECT AND DIVER DETECTION	86
7	SONAR SYSTEM MARKET, BY APPLICATION	87
7.1	INTRODUCTION	88
FIGURE 32	MINE DETECTION & COUNTERMEASURE SYSTEMS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	88
TABLE 18	SONAR SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION)	88
TABLE 19	SONAR SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION)	89
7.2	ANTI-SUBMARINE WARFARE	89
7.2.1	ANTI-SUBMARINE WARFARE APPLICATIONS INCLUDE DETECTING, CLASSIFYING, LOCATING, AND TRACKING TARGET SUBMARINES	89
7.3	PORT SECURITY	89
7.3.1	USE OF SONAR SYSTEMS IN PORT SECURITY HELP KEEP A CHECK ON UNLAWFUL ACTIVITIES	89
7.4	MINE DETECTION & COUNTERMEASURE SYSTEMS	90
7.4.1	MINE DETECTION & COUNTERMEASURE SYSTEMS EXPECTED TO GROW AT HIGHEST RATE DUE TO THEIR PROFOUND IMPACT ON MILITARY OPERATIONS	90
7.5	SEARCH & RESCUE	90
7.5.1	USE OF SONAR SYSTEMS IN SEARCH & RESCUE OPERATIONS SAVES TIME AND CAN FUNCTION IN POOR VISIBILITY CONDITIONS	90
 
7.6	NAVIGATION	90
7.6.1	COLLISION AVOIDANCE APPLICATION TO DRIVE GROWTH OF NAVIGATION SONAR SYSTEMS	90
7.7	OTHERS	91
7.7.1	HYDROGRAPHIC SURVEY	91
7.7.2	FISHING	91
7.7.3	DIVER DETECTION	91
7.7.4	SEABED TERRAIN INVESTIGATION	91
7.7.5	SCIENTIFIC	92
8	SONAR SYSTEM MARKET, BY INSTALLATION	93
8.1	INTRODUCTION	94
FIGURE 33	MARKET FOR DEPLOYABLE SONAR SYSTEMS PROJECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD	94
TABLE 20	SONAR SYSTEM MARKET, BY INSTALLATION, 2018–2020 (USD MILLION)	94
TABLE 21	SONAR SYSTEM MARKET, BY INSTALLATION, 2021–2026 (USD MILLION)	94
8.2	DEPLOYABLE SONAR	95
8.2.1	ANTI-SUBMARINE WARFARE APPLICATIONS DRIVE THIS SEGMENT	95
8.3	FIXED SONAR	95
8.3.1	HULL-MOUNTED SONAR TO LEAD MARKET FOR FIXED SONAR SYSTEMS	95
9	SONAR SYSTEM MARKET, BY TECHNOLOGY	96
9.1	INTRODUCTION	97
FIGURE 34	MULTISTATIC SONAR SYSTEM EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	97
TABLE 22	SONAR SYSTEM MARKET, BY TECHNOLOGY, 2018–2020 (USD MILLION)	97
TABLE 23	SONAR SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	97
9.2	ACTIVE SONAR	98
9.2.1	MARKET ACTIVE SONAR IS DRIVEN BY ITS LARGE NEED IN MOST OF THE SURFACE MARINE VESSELS	98
9.3	PASSIVE SONAR	98
9.3.1	MARKET FOR PASSIVE SONAR IS DRIVEN BY ITS USE IN SUBMARINES	98
9.4	MULTISTATIC SONAR	98
9.4.1	CAPABILITY TO WORK WITH HIGH PRECISION DRIVES THIS SEGMENT	98
10	SONAR SYSTEM MARKET, BY PRODUCT	99
10.1	INTRODUCTION	100
FIGURE 35	HULL-MOUNTED SEGMENT EXPECTED TO GROW AT HIGHEST DURING FORECAST PERIOD	100
TABLE 24	SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	100
TABLE 25	SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	100
10.2	HULL-MOUNTED SONAR	101
10.2.1	RETROFITTING OF SURFACE VESSELS TO DRIVE MARKET FOR HULL-MOUNTED SONAR SYSTEMS	101
10.2.2	FORWARD-LOOKING SONAR	101
10.2.3	OMNIDIRECTIONAL SONAR	101
10.2.4	ECHOSOUNDERS	101
10.3	STERN-MOUNTED SONAR	101
10.3.1	APPLICATIONS LIKE DIVER AND MINE DETECTION EXPECTED TO INCREASE DEMAND FOR STERN-MOUNTED SONAR SYSTEMS	101
10.3.2	VARIABLE DEPTH SONAR	101
10.3.3	TOWED ARRAY SONAR	102
10.4	DIPPING SONAR	102
10.4.1	INCREASING NEED FOR SUBMARINE DETECTION WILL DRIVE THIS SEGMENT	102
10.5	SONOBUOY	102
10.5.1	DEVELOPMENT IN ANTI-SUBMARINE WARFARE RESPONSIBLE FOR THE GROWTH OF SONOBUOYS	102
11	SONAR SYSTEM MARKET, BY SOLUTION	103
11.1	INTRODUCTION	104
FIGURE 36	3D SONAR SEGMENT EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD	104
TABLE 26	SONAR SYSTEM MARKET, BY SOLUTION, 2018–2020 (USD MILLION)	104
TABLE 27	SONAR SYSTEM MARKET, BY SOLUTION, 2021–2026 (USD MILLION)	104
11.2	2D SONAR	105
11.2.1	ABILITY TO DETECT MOVING TARGETS IN REAL-TIME WILL DRIVE THIS SEGMENT	105
11.3	3D SONAR	105
11.3.1	ABILITY TO WORK IN ZERO VISIBILITY WILL DRIVE MARKET FOR 2D SONAR SYSTEMS	105
12	SONAR SYSTEM MARKET, BY FREQUENCY	106
12.1	INTRODUCTION	107
FIGURE 37	ULTRASONIC SEGMENT EXPECTED TO LEAD SONAR SYSTEM MARKET DURING FORECAST PERIOD	107
TABLE 28	SONAR SYSTEM MARKET, BY FREQUENCY, 2018–2020 (USD MILLION)	107
TABLE 29	SONAR SYSTEM MARKET, BY FREQUENCY, 2021–2026 (USD MILLION)	107
12.2	ULTRASONIC	108
12.2.1	LONG RANGE DETECTION OF TARGETS WITH VARIED SURFACE PROPERTIES DRIVE THIS SEGMENT	108
12.3	INFRASONIC	108
12.3.1	RETROFITTING AND LINE FITTING OF INFRASONIC SONAR SYSTEMS IN SUBMARINES TO BOOST THE MARKET	108
 
13	SONAR SYSTEM MARKET, BY END USER	109
13.1	INTRODUCTION	110
FIGURE 38	RETROFIT SEGMENT TO LEAD THE MARKET FOR SONAR SYSTEMS DURING FORECAST PERIOD	110
TABLE 30	SONAR SYSTEM MARKET, BY END USER, 2018–2020 (USD MILLION)	110
TABLE 31	SONAR SYSTEM MARKET, BY END USER, 2021–2026 (USD MILLION)	110
13.2	LINE FIT	111
13.2.1	INCREASING NUMBER OF DELIVERIES OF NEW MILITARY SHIPS WILL DRIVE LINE FIT SEGMENT	111
TABLE 32	DELIVERIES OF NEW MILITARY SHIPS, BY TYPE, 2017-2021	111
13.3	RETROFIT	111
13.3.1	UPGRADATION OF EXISTING SONAR SYSTEMS OF MILITARY VESSELS WILL BOOST THIS SEGMENT	111
TABLE 33	CLASSIFICATION OF ACTIVE MILITARY SHIPS, BY COUNTRY	112
14	REGIONAL ANALYSIS	113
14.1	INTRODUCTION	114
FIGURE 39	ASIA PACIFIC ESTIMATED TO HOLD LARGEST SHARE OF SONAR SYSTEM MARKET IN 2021	114
14.2	IMPACT OF COVID-19	115
FIGURE 40	IMPACT OF COVID-19 ON SONAR SYSTEM MARKET	115
TABLE 34	SONAR SYSTEM MARKET, BY REGION, 2018–2020 (USD MILLION)	115
TABLE 35	SONAR SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION)	115
14.3	NORTH AMERICA	116
14.3.1	COVID-19 IMPACT ON NORTH AMERICA	116
14.3.2	PESTLE ANALYSIS: NORTH AMERICA	116
FIGURE 41	NORTH AMERICA: SONAR SYSTEM MARKET SNAPSHOT	117
TABLE 36	NORTH AMERICA: SONAR SYSTEM MARKET, BY COUNTRY, 
2018–2020 (USD MILLION)	117
TABLE 37	NORTH AMERICA: SONAR SYSTEM MARKET, BY COUNTRY, 
2021–2026 (USD MILLION)	118
TABLE 38	NORTH AMERICA: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	118
TABLE 39	NORTH AMERICA: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	118
TABLE 40	NORTH AMERICA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	119
TABLE 41	NORTH AMERICA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	119
TABLE 42	NORTH AMERICA: SONAR SYSTEM MARKET, BY INSTALLATION, 
2018–2020 (USD MILLION)	119
TABLE 43	NORTH AMERICA: SONAR SYSTEM MARKET, BY INSTALLATION, 
2021–2026 (USD MILLION)	120
TABLE 44	NORTH AMERICA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	120
TABLE 45	NORTH AMERICA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	120
TABLE 46	NORTH AMERICA: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	120
TABLE 47	NORTH AMERICA: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	121
TABLE 48	NORTH AMERICA: SONAR SYSTEM MARKET, BY SOLUTION, 
2018–2020 (USD MILLION)	121
TABLE 49	NORTH AMERICA: SONAR SYSTEM MARKET, BY SOLUTION, 
2021–2026 (USD MILLION)	121
TABLE 50	NORTH AMERICA: SONAR SYSTEM MARKET, BY FREQUENCY, 
2018–2020 (USD MILLION)	121
TABLE 51	NORTH AMERICA: SONAR SYSTEM MARKET, BY FREQUENCY, 
2021–2026 (USD MILLION)	121
TABLE 52	NORTH AMERICA: SONAR SYSTEM MARKET, BY END USER, 
2018–2020 (USD MILLION)	122
TABLE 53	NORTH AMERICA: SONAR SYSTEM MARKET, BY END USER, 
2021–2026 (USD MILLION)	122
14.3.3	US	122
14.3.3.1	Increased naval shipbuilding in the US drive market for sonar systems	122
TABLE 54	US: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	122
TABLE 55	US: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	123
TABLE 56	US: SONAR SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION)	123
TABLE 57	US: SONAR SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION)	123
TABLE 58	US: SONAR SYSTEM MARKET, BY TECHNOLOGY, 2018–2020 (USD MILLION)	124
TABLE 59	US: SONAR SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	124
TABLE 60	US: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	124
TABLE 61	US: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	124
14.3.4	CANADA	125
14.3.4.1	Growth of marine industry to drive market	125
TABLE 62	CANADA: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	125
TABLE 63	CANADA: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	125
TABLE 64	CANADA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	126
TABLE 65	CANADA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	126
TABLE 66	CANADA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	126
TABLE 67	CANADA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	126
TABLE 68	CANADA: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	127
TABLE 69	CANADA: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	127
14.4	EUROPE	127
14.4.1	COVID-19 IMPACT ON EUROPE	127
14.4.2	PESTLE ANALYSIS: EUROPE	128
FIGURE 42	EUROPE SONAR SYSTEM MARKET SNAPSHOT	129
TABLE 70	EUROPE: SONAR SYSTEM MARKET, BY COUNTRY, 
2018–2020 (USD MILLION)	129
TABLE 71	EUROPE:SONAR SYSTEM MARKET, BY COUNTRY, 2021–2026 (USD MILLION)	130
TABLE 72	EUROPE: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	130
TABLE 73	EUROPE: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	130
TABLE 74	EUROPE: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	131
TABLE 75	EUROPE:SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	131
TABLE 76	EUROPE: SONAR SYSTEM MARKET, BY INSTALLATION, 
2018–2020 (USD MILLION)	131
TABLE 77	EUROPE: SONAR SYSTEM MARKET, BY INSTALLATION, 
2021–2026 (USD MILLION)	131
TABLE 78	EUROPE:SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	132
TABLE 79	EUROPE:SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	132
TABLE 80	EUROPE: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	132
TABLE 81	EUROPE: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	132
TABLE 82	EUROPE: SONAR SYSTEM MARKET, BY SOLUTION, 
2018–2020 (USD MILLION)	133
TABLE 83	EUROPE: SONAR SYSTEM MARKET, BY SOLUTION, 
2021–2026 (USD MILLION)	133
TABLE 84	EUROPE: SONAR SYSTEM MARKET, BY FREQUENCY, 
2018–2020 (USD MILLION)	133
TABLE 85	EUROPE: SONAR SYSTEM MARKET, BY FREQUENCY, 
2021–2026 (USD MILLION)	133
TABLE 86	EUROPE: SONAR SYSTEM MARKET, BY END USER, 
2018–2020 (USD MILLION)	133
TABLE 87	EUROPE: SONAR SYSTEM MARKET, BY END USER, 
2021–2026 (USD MILLION)	134
14.4.3	GERMANY	134
14.4.3.1	Upgradation of ship equipment will boost demand for sonar systems in the country	134
TABLE 88	GERMANY: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	134
TABLE 89	GERMANY: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	135
TABLE 90	GERMANY: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	135
TABLE 91	GERMANY: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	135
TABLE 92	GERMANY: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	136
TABLE 93	GERMANY: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	136
TABLE 94	GERMANY: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	136
TABLE 95	GERMANY: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	136
14.4.4	FRANCE	137
14.4.4.1	Shipbuilding and naval vessel sonar replacement industries driving market growth	137
TABLE 96	FRANCE: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	137
TABLE 97	FRANCE: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	137
TABLE 98	FRANCE: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	138
TABLE 99	FRANCE: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	138
TABLE 100	FRANCE: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	138
TABLE 101	FRANCE: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	138
TABLE 102	FRANCE: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	139
TABLE 103	FRANCE: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	139
14.4.5	ITALY	139
14.4.5.1	Retrofitting of autonomous ship technologies in vessels is driving market in Italy	139
TABLE 104	ITALY: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	140
TABLE 105	ITALY: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	140
TABLE 106	ITALY: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	140
TABLE 107	ITALY: SONAR SYSTEM MARKET SIZE, BY APPLICATION, 
2021–2026 (USD MILLION)	141
TABLE 108	ITALY: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	141
TABLE 109	ITALY: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	141
TABLE 110	ITALY: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	141
TABLE 111	ITALY: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	142
14.4.6	UK	142
14.4.6.1	Increasing investments to upgrade marine systems expected to drive market in the UK	142
TABLE 112	UK: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	142
TABLE 113	UK: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	143
TABLE 114	UK: SONAR SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION)	143
TABLE 115	UK: SONAR SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION)	143
TABLE 116	UK: SONAR SYSTEM MARKET, BY TECHNOLOGY, 2018–2020 (USD MILLION)	144
TABLE 117	UK: SONAR SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	144
TABLE 118	UK: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	144
TABLE 119	UK: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	144
14.4.7	RUSSIA	145
14.4.7.1	Introduction of advanced threat detection and identification technologies in naval ships will boost demand for sonar systems 
in Russia	145
TABLE 120	RUSSIA: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	145
TABLE 121	RUSSIA: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	145
TABLE 122	RUSSIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	146
TABLE 123	RUSSIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	146
TABLE 124	RUSSIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	146
TABLE 125	RUSSIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	146
TABLE 126	RUSSIA: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	147
TABLE 127	RUSSIA: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	147
14.4.8	REST OF EUROPE	147
14.4.8.1	Increasing investment in the maintenance of autonomous ship projects fuel the growth of market in this region	147
TABLE 128	REST OF EUROPE: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	147
TABLE 129	REST OF EUROPE: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	148
TABLE 130	REST OF EUROPE: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	148
TABLE 131	REST OF EUROPE: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	148
TABLE 132	REST OF EUROPE: SONAR SYSTEM MARKET, BY TECHNOLOGY,
2018–2020 (USD MILLION)	149
TABLE 133	REST OF EUROPE: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	149
TABLE 134	REST OF EUROPE: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	149
TABLE 135	REST OF EUROPE: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	149
14.5	ASIA PACIFIC	150
FIGURE 43	ASIA PACIFIC: SONAR SYSTEM MARKET SNAPSHOT	150
14.5.1	COVID-19 IMPACT ON ASIA PACIFIC	151
14.5.2	PESTLE ANALYSIS: ASIA PACIFIC	151
TABLE 136	ASIA PACIFIC: SONAR SYSTEM MARKET, BY COUNTRY, 
2018–2020 (USD MILLION)	152
TABLE 137	ASIA PACIFIC: SONAR SYSTEM MARKET, BY COUNTRY, 
2021–2026 (USD MILLION)	152
TABLE 138	ASIA PACIFIC: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	152
TABLE 139	ASIA PACIFIC: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	153
TABLE 140	ASIA PACIFIC: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	153
TABLE 141	ASIA PACIFIC: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	153
TABLE 142	ASIA PACIFIC: SONAR SYSTEM MARKET, BY INSTALLATION, 
2018–2020 (USD MILLION)	154
TABLE 143	ASIA PACIFIC: SONAR SYSTEM MARKET, BY INSTALLATION, 
2021–2026 (USD MILLION)	154
TABLE 144	ASIA PACIFIC: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	154
TABLE 145	ASIA PACIFIC: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	154
TABLE 146	ASIA PACIFIC: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	155
TABLE 147	ASIA PACIFIC: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	155
TABLE 148	ASIA PACIFIC: SONAR SYSTEM MARKET, BY SOLUTION, 
2018–2020 (USD MILLION)	155
TABLE 149	ASIA PACIFIC: SONAR SYSTEM MARKET, BY SOLUTION, 
2021–2026 (USD MILLION)	155
TABLE 150	ASIA PACIFIC: SONAR SYSTEM MARKET, BY FREQUENCY, 
2018–2020 (USD MILLION)	156
TABLE 151	ASIA PACIFIC: SONAR SYSTEM MARKET, BY FREQUENCY, 
2021–2026 (USD MILLION)	156
TABLE 152	ASIA PACIFIC SONAR SYSTEM MARKET, BY END USER, 
2018–2020 (USD MILLION)	156
TABLE 153	ASIA PACIFIC: SONAR SYSTEM MARKET, BY END USER, 
2021–2026 (USD MILLION)	156
14.5.3	CHINA	156
14.5.3.1	Dredging activities in oil & gas have led to growth of the hydrographic sonar industry in China.	156
TABLE 154	CHINA: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	157
TABLE 155	CHINA: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	157
TABLE 156	CHINA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	158
TABLE 157	CHINA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	158
TABLE 158	CHINA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	158
TABLE 159	CHINA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	158
TABLE 160	CHINA: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	159
TABLE 161	CHINA: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	159
14.5.4	INDIA	159
14.5.4.1	Investments in naval shipbuilding capacity to help the sonar system market in India grow during the forecast period.	159
TABLE 162	INDIA: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	159
TABLE 163	INDIA: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	160
TABLE 164	INDIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	160
TABLE 165	INDIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	160
TABLE 166	INDIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	161
TABLE 167	INDIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	161
TABLE 168	INDIA: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	161
TABLE 169	INDIA: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	161
14.5.5	JAPAN	162
14.5.5.1	Increasing defense expenditure to help the sonar system market in Japan to grow during the forecast period	162
TABLE 170	JAPAN: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	162
TABLE 171	JAPAN: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	162
TABLE 172	JAPAN: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	163
TABLE 173	JAPAN: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	163
TABLE 174	JAPAN: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	163
TABLE 175	JAPAN: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	163
TABLE 176	JAPAN: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	164
TABLE 177	JAPAN: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	164
14.5.6	SOUTH KOREA	164
14.5.6.1	Requirement of sonar systems in commercial vessels to drive the sonar system market in South Korea	164
TABLE 178	SOUTH KOREA: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	165
TABLE 179	SOUTH KOREA: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	165
TABLE 180	SOUTH KOREA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	165
TABLE 181	SOUTH KOREA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	166
TABLE 182	SOUTH KOREA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	166
TABLE 183	SOUTH KOREA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	166
TABLE 184	SOUTH KOREA: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	166
TABLE 185	SOUTH KOREA: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	167
14.5.7	AUSTRALIA	167
14.5.7.1	Constant upgradation of sonar systems of Royal Australian Navy ships to drive the market for sonar system in Australia.	167
TABLE 186	AUSTRALIA: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	167
TABLE 187	AUSTRALIA: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	167
TABLE 188	AUSTRALIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	168
TABLE 189	AUSTRALIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	168
TABLE 190	AUSTRALIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	168
TABLE 191	AUSTRALIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	168
TABLE 192	AUSTRALIA: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	169
TABLE 193	AUSTRALIA: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	169
14.5.8	REST OF ASIA PACIFIC	169
14.5.8.1	Retrofitting of sonar systems in naval ships of nations like Taiwan, Pakistan, Malaysia, Philippines to drive the sonar system market in Asia Pacific region during the forecast period.	169
TABLE 194	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	169
TABLE 195	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	170
TABLE 196	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	170
TABLE 197	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	170
TABLE 198	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	171
TABLE 199	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	171
TABLE 200	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	171
TABLE 201	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	171
			       1	INTRODUCTION	39
1.1	OBJECTIVES OF THE STUDY	39
1.2	MARKET DEFINITION	39
1.3	MARKET SCOPE	40
1.3.1	MARKETS COVERED	40
FIGURE 1	SONAR SYSTEM MARKET SEGMENTATION	40
1.3.2	REGIONAL SCOPE	40
1.3.3	YEARS CONSIDERED FOR THE STUDY	41
1.4	INCLUSIONS & EXCLUSIONS	41
1.5	CURRENCY & PRICING	41
TABLE 1	USD EXCHANGE RATES	42
1.6	LIMITATIONS	42
1.7	MARKET STAKEHOLDERS	43
1.8	SUMMARY OF CHANGES	43
2	RESEARCH METHODOLOGY	44
2.1	RESEARCH DATA	44
FIGURE 2	REPORT PROCESS FLOW	44
FIGURE 3	RESEARCH DESIGN	45
2.1.1	SECONDARY DATA	45
FIGURE 4	KEY DATA FROM SECONDARY SOURCES	46
2.1.2	PRIMARY DATA	46
2.1.2.1	Key primary sources	46
2.1.2.2	Breakdown of primaries	47
FIGURE 5	BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION	47
2.1.3	DEMAND-SIDE INDICATORS	47
2.1.3.1	Increasing adoption rate of unmanned underwater vehicles (UUVs)	47
2.1.4	SUPPLY-SIDE ANALYSIS	47
2.1.4.1	Development of dipping sonars & sonobuoys for anti-submarine warfare	48
2.2	MARKET SIZE ESTIMATION	48
2.2.1	SEGMENTS AND SUBSEGMENTS	48
2.2.1.1	Key industry insights	49
2.3	RESEARCH APPROACH & METHODOLOGY	50
2.3.1	BOTTOM-UP APPROACH	50
2.3.2	SONAR SYSTEM MARKET ESTIMATION PROCEDURE	50
FIGURE 6	MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH	51
2.3.2.1	COVID-19 impact on market analysis	51
2.3.3	TOP-DOWN APPROACH	51
FIGURE 7	MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH	51
2.4	DATA TRIANGULATION	52
FIGURE 8	DATA TRIANGULATION	52
2.4.1	TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH	53
2.5	GROWTH RATE ASSUMPTIONS	53
2.6	ASSUMPTIONS FOR RESEARCH STUDY	53
2.7	LIMITATIONS	54
2.8	RISKS	54
3	EXECUTIVE SUMMARY	55
FIGURE 9	BY PLATFORM, UNMANNED UNDERWATER VEHICLES (UUVS) SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD	55
FIGURE 10	BY APPLICATION, MINE DETECTION & COUNTERMEASURE SYSTEMS SEGMENT PROJECTED TO GROW AT HIGHEST RATE DURING FORECAST PERIOD	56
FIGURE 11	BY PRODUCT, HULL-MOUNTED SONAR SEGMENT EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	56
FIGURE 12	BY TECHNOLOGY, ACTIVE SEGMENT ESTIMATED TO LEAD SONAR SYSTEM MARKET DURING FORECAST PERIOD	57
FIGURE 13	ASIA PACIFIC ESTIMATED TO LEAD SONAR SYSTEM MARKET IN 2021	57
4	PREMIUM INSIGHTS	58
4.1	ATTRACTIVE GROWTH OPPORTUNITIES IN SONAR SYSTEM MARKET	58
FIGURE 14	CHANGING NATURE OF WARFARE TO DRIVE SONAR SYSTEM MARKET	58
4.2	SONAR SYSTEM MARKET, BY INSTALLATION	58
FIGURE 15	FIXED SONAR SYSTEMS SEGMENT ESTIMATED TO LEAD MARKET 
FROM 2018 TO 2026	58
4.3	SONAR SYSTEM MARKET, BY END USER	59
FIGURE 16	RETROFIT SEGMENT TO LEAD MARKET FROM 2018 TO 2026	59
4.4	SONAR SYSTEM MARKET, BY FREQUENCY	59
FIGURE 17	ULTRASONIC FREQUENCY SEGMENT TO LEAD MARKET FROM 2018 TO 2026	59
4.5	SONAR SYSTEM MARKET, BY SOLUTION	60
FIGURE 18	2D SONAR SEGMENT TO LEAD MARKET FROM 2018 TO 2026	60
4.6	SONAR SYSTEM MARKET, BY COUNTRY	60
FIGURE 19	ITALY PROJECTED TO BE FASTEST-GROWING MARKET FROM 2021 TO 2026	60
5	MARKET OVERVIEW	61
5.1	INTRODUCTION	61
5.2	MARKET DYNAMICS	61
FIGURE 20	SONAR SYSTEM MARKET DYNAMICS	61
5.2.1	DRIVERS	62
5.2.1.1	Growth in deliveries of military vessels	62
FIGURE 21	GLOBAL MILITARY VESSELS DELIVERED FROM 2018 TO 2021	62
5.2.1.2	Changing nature of warfare	62
5.2.1.3	Increasing defense expenditure of emerging economies	62
TABLE 2	DEFENSE BUDGET OF INDIA & CHINA, 2015-2020 (USD BILLION)	63
5.2.1.4	Growing need for cost-effective sonar systems for anti-submarine warfare	63
5.2.1.5	Increasing adoption rate of unmanned underwater vehicles (UUVs)	63
5.2.2	RESTRAINTS	63
5.2.2.1	Side-effects of sonar on marine life	63
5.2.3	OPPORTUNITIES	64
5.2.3.1	Support for researchers and manufacturers for developing sonar systems	64
5.2.4	CHALLENGES	64
5.2.4.1	Complex training involved in building anti-submarine warfare capability	64
5.3	COVID-19 IMPACT SCENARIOS	65
5.4	IMPACT OF COVID-19 ON SONAR SYSTEM MARKET	66
FIGURE 22	IMPACT OF COVID-19 ON SONAR SYSTEM MARKET	66
5.4.1	DEMAND-SIDE IMPACT	67
5.4.1.1	Key developments from January 2020 to August 2021	67
TABLE 3	KEY DEVELOPMENTS IN SONAR SYSTEM MARKET, 2020-2021	67
5.4.2	SUPPLY-SIDE IMPACT	67
5.5	TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS	68
5.5.1	SONAR SYSTEMS FOR UNMANNED UNDERWATER VEHICLES (UUV)	68
5.5.2	DEVELOPMENT OF 3D SONAR SYSTEM BY CODA OCTOPUS	68
FIGURE 23	TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS	68
5.6	MARKET ECOSYSTEM	69
5.6.1	PROMINENT COMPANIES	69
5.6.2	PRIVATE AND SMALL ENTERPRISES	69
5.6.3	END USERS	69
FIGURE 24	SONAR SYSTEMS ECOSYSTEM	69
TABLE 4	SONAR SYSTEM MARKET ECOSYSTEM	70
5.7	PRICING ANALYSIS	71
5.7.1	AVERAGE SELLING PRICE ANALYSIS OF SONAR SYSTEMS IN 2020	71
5.8	TARIFF REGULATORY LANDSCAPE FOR MARITIME INDUSTRY	71
5.9	TRADE DATA	71
5.9.1	TRADE ANALYSIS	71
TABLE 5	COUNTRY-WISE EXPORTS, 2019-2020 (USD THOUSAND)	71
TABLE 6	COUNTRY-WISE IMPORTS, 2019-2020 (USD THOUSAND)	72
5.10	VALUE CHAIN ANALYSIS OF SONAR SYSTEM MARKET	72
FIGURE 25	VALUE CHAIN ANALYSIS	73
5.11	PORTER’S FIVE FORCES MODEL	74
5.11.1	KEY SONAR SYSTEM MARKET: PORTER’S FIVE FORCE ANALYSIS	74
FIGURE 26	SONAR SYSTEM MARKET: PORTER'S FIVE FORCE ANALYSIS	75
5.11.2	THREAT OF NEW ENTRANTS	75
5.11.3	THREAT OF SUBSTITUTES	76
5.11.4	BARGAINING POWER OF SUPPLIERS	76
5.11.5	BARGAINING POWER OF BUYERS	76
5.11.6	COMPETITION IN THE INDUSTRY	76
5.12	TECHNOLOGY ANALYSIS	76
5.12.1	DEVELOPMENT OF DIPPING SONAR & SONOBUOYS FOR ANTI-SUBMARINE WARFARE	76
5.13	USE CASES	77
5.13.1	INDIAN NAVY FORMALLY INDUCTED FOUR TYPES OF INDIGENOUSLY DEVELOPED SONAR	77
5.14	OPERATIONAL DATA	77
TABLE 7	NEW COMMERCIAL SHIP DELIVERIES, BY TYPE, 2017-2020	77
6	SONAR SYSTEM MARKET, BY PLATFORM	78
6.1	INTRODUCTION	79
FIGURE 27	UNMANNED UNDERWATER VEHICLES (UUVS) EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	79
TABLE 8	SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	79
TABLE 9	SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	80
6.2	COMMERCIAL VESSELS	80
FIGURE 28	SONAR SYSTEMS USED IN BULK CARRIERS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	80
TABLE 10	SONAR SYSTEMS IN COMMERCIAL VESSELS MARKET, BY TYPE, 
2018–2020 (USD MILLION)	80
TABLE 11	SONAR SYSTEMS IN COMMERCIAL VESSELS MARKET, BY TYPE, 
2021–2026 (USD MILLION)	81
6.2.1	BULK CARRIERS	81
6.2.2	TANKERS	81
6.2.3	PASSENGER CRUISE	81
6.2.4	DRY CARGO	81
6.2.4.1	Containers	81
6.2.4.2	General cargo ships	81
6.2.4.3	Dredgers	82
6.3	DEFENSE VESSELS	82
FIGURE 29	SONAR SYSTEMS USED IN DESTROYERS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	82
TABLE 12	SONAR SYSTEMS IN DEFENSE VESSELS MARKET, BY TYPE, 
2018–2020 (USD MILLION)	82
TABLE 13	SONAR SYSTEMS IN DEFENSE VESSELS MARKET, BY TYPE, 
2021–2026 (USD MILLION)	83
6.3.1	AIRCRAFT CARRIERS	83
6.3.2	AMPHIBIOUS SHIPS	83
6.3.3	DESTROYERS	83
6.3.4	FRIGATES	83
6.3.5	SUBMARINES	83
6.3.6	CORVETTES	84
6.3.7	OFFSHORE PATROL VESSELS	84
6.4	UNMANNED UNDERWATER VEHICLES (UUV)	84
FIGURE 30	SONAR SYSTEMS USED IN ROVS EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD	84
TABLE 14	SONAR SYSTEMS IN UNMANNED UNDERWATER VEHICLES MARKET, BY TYPE, 2018–2020 (USD MILLION)	84
TABLE 15	SONAR SYSTEMS IN UNMANNED UNDERWATER VEHICLES MARKET, BY TYPE, 2021–2026 (USD MILLION)	85
6.4.1	REMOTELY OPERATED VEHICLES	85
6.4.2	AUTONOMOUS UNDERWATER VEHICLES	85
6.5	AIRCRAFT	85
FIGURE 31	ROTARY WING SEGMENT EXPECTED TO LEAD MARKET FOR SONAR SYSTEMS IN AIRCRAFT FROM 2021 TO 2026	85
TABLE 16	SONAR SYSTEMS IN AIRCRAFT MARKET, BY TYPE, 
2018–2020 (USD MILLION)	86
TABLE 17	SONAR SYSTEMS IN AIRCRAFT MARKET, BY TYPE, 
2021–2026 (USD MILLION)	86
6.5.1	FIXED-WING AIRCRAFT	86
6.5.2	ROTARY-WING AIRCRAFT	86
6.6	PORTS	86
6.6.1	SIDE SCAN SONAR SYSTEMS INSTALLED ON PORTS ARE USED FOR OBJECT AND DIVER DETECTION	86
7	SONAR SYSTEM MARKET, BY APPLICATION	87
7.1	INTRODUCTION	88
FIGURE 32	MINE DETECTION & COUNTERMEASURE SYSTEMS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	88
TABLE 18	SONAR SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION)	88
TABLE 19	SONAR SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION)	89
7.2	ANTI-SUBMARINE WARFARE	89
7.2.1	ANTI-SUBMARINE WARFARE APPLICATIONS INCLUDE DETECTING, CLASSIFYING, LOCATING, AND TRACKING TARGET SUBMARINES	89
7.3	PORT SECURITY	89
7.3.1	USE OF SONAR SYSTEMS IN PORT SECURITY HELP KEEP A CHECK ON UNLAWFUL ACTIVITIES	89
7.4	MINE DETECTION & COUNTERMEASURE SYSTEMS	90
7.4.1	MINE DETECTION & COUNTERMEASURE SYSTEMS EXPECTED TO GROW AT HIGHEST RATE DUE TO THEIR PROFOUND IMPACT ON MILITARY OPERATIONS	90
7.5	SEARCH & RESCUE	90
7.5.1	USE OF SONAR SYSTEMS IN SEARCH & RESCUE OPERATIONS SAVES TIME AND CAN FUNCTION IN POOR VISIBILITY CONDITIONS	90
 
7.6	NAVIGATION	90
7.6.1	COLLISION AVOIDANCE APPLICATION TO DRIVE GROWTH OF NAVIGATION SONAR SYSTEMS	90
7.7	OTHERS	91
7.7.1	HYDROGRAPHIC SURVEY	91
7.7.2	FISHING	91
7.7.3	DIVER DETECTION	91
7.7.4	SEABED TERRAIN INVESTIGATION	91
7.7.5	SCIENTIFIC	92
8	SONAR SYSTEM MARKET, BY INSTALLATION	93
8.1	INTRODUCTION	94
FIGURE 33	MARKET FOR DEPLOYABLE SONAR SYSTEMS PROJECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD	94
TABLE 20	SONAR SYSTEM MARKET, BY INSTALLATION, 2018–2020 (USD MILLION)	94
TABLE 21	SONAR SYSTEM MARKET, BY INSTALLATION, 2021–2026 (USD MILLION)	94
8.2	DEPLOYABLE SONAR	95
8.2.1	ANTI-SUBMARINE WARFARE APPLICATIONS DRIVE THIS SEGMENT	95
8.3	FIXED SONAR	95
8.3.1	HULL-MOUNTED SONAR TO LEAD MARKET FOR FIXED SONAR SYSTEMS	95
9	SONAR SYSTEM MARKET, BY TECHNOLOGY	96
9.1	INTRODUCTION	97
FIGURE 34	MULTISTATIC SONAR SYSTEM EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	97
TABLE 22	SONAR SYSTEM MARKET, BY TECHNOLOGY, 2018–2020 (USD MILLION)	97
TABLE 23	SONAR SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	97
9.2	ACTIVE SONAR	98
9.2.1	MARKET ACTIVE SONAR IS DRIVEN BY ITS LARGE NEED IN MOST OF THE SURFACE MARINE VESSELS	98
9.3	PASSIVE SONAR	98
9.3.1	MARKET FOR PASSIVE SONAR IS DRIVEN BY ITS USE IN SUBMARINES	98
9.4	MULTISTATIC SONAR	98
9.4.1	CAPABILITY TO WORK WITH HIGH PRECISION DRIVES THIS SEGMENT	98
10	SONAR SYSTEM MARKET, BY PRODUCT	99
10.1	INTRODUCTION	100
FIGURE 35	HULL-MOUNTED SEGMENT EXPECTED TO GROW AT HIGHEST DURING FORECAST PERIOD	100
TABLE 24	SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	100
TABLE 25	SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	100
10.2	HULL-MOUNTED SONAR	101
10.2.1	RETROFITTING OF SURFACE VESSELS TO DRIVE MARKET FOR HULL-MOUNTED SONAR SYSTEMS	101
10.2.2	FORWARD-LOOKING SONAR	101
10.2.3	OMNIDIRECTIONAL SONAR	101
10.2.4	ECHOSOUNDERS	101
10.3	STERN-MOUNTED SONAR	101
10.3.1	APPLICATIONS LIKE DIVER AND MINE DETECTION EXPECTED TO INCREASE DEMAND FOR STERN-MOUNTED SONAR SYSTEMS	101
10.3.2	VARIABLE DEPTH SONAR	101
10.3.3	TOWED ARRAY SONAR	102
10.4	DIPPING SONAR	102
10.4.1	INCREASING NEED FOR SUBMARINE DETECTION WILL DRIVE THIS SEGMENT	102
10.5	SONOBUOY	102
10.5.1	DEVELOPMENT IN ANTI-SUBMARINE WARFARE RESPONSIBLE FOR THE GROWTH OF SONOBUOYS	102
11	SONAR SYSTEM MARKET, BY SOLUTION	103
11.1	INTRODUCTION	104
FIGURE 36	3D SONAR SEGMENT EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD	104
TABLE 26	SONAR SYSTEM MARKET, BY SOLUTION, 2018–2020 (USD MILLION)	104
TABLE 27	SONAR SYSTEM MARKET, BY SOLUTION, 2021–2026 (USD MILLION)	104
11.2	2D SONAR	105
11.2.1	ABILITY TO DETECT MOVING TARGETS IN REAL-TIME WILL DRIVE THIS SEGMENT	105
11.3	3D SONAR	105
11.3.1	ABILITY TO WORK IN ZERO VISIBILITY WILL DRIVE MARKET FOR 2D SONAR SYSTEMS	105
12	SONAR SYSTEM MARKET, BY FREQUENCY	106
12.1	INTRODUCTION	107
FIGURE 37	ULTRASONIC SEGMENT EXPECTED TO LEAD SONAR SYSTEM MARKET DURING FORECAST PERIOD	107
TABLE 28	SONAR SYSTEM MARKET, BY FREQUENCY, 2018–2020 (USD MILLION)	107
TABLE 29	SONAR SYSTEM MARKET, BY FREQUENCY, 2021–2026 (USD MILLION)	107
12.2	ULTRASONIC	108
12.2.1	LONG RANGE DETECTION OF TARGETS WITH VARIED SURFACE PROPERTIES DRIVE THIS SEGMENT	108
12.3	INFRASONIC	108
12.3.1	RETROFITTING AND LINE FITTING OF INFRASONIC SONAR SYSTEMS IN SUBMARINES TO BOOST THE MARKET	108
 
13	SONAR SYSTEM MARKET, BY END USER	109
13.1	INTRODUCTION	110
FIGURE 38	RETROFIT SEGMENT TO LEAD THE MARKET FOR SONAR SYSTEMS DURING FORECAST PERIOD	110
TABLE 30	SONAR SYSTEM MARKET, BY END USER, 2018–2020 (USD MILLION)	110
TABLE 31	SONAR SYSTEM MARKET, BY END USER, 2021–2026 (USD MILLION)	110
13.2	LINE FIT	111
13.2.1	INCREASING NUMBER OF DELIVERIES OF NEW MILITARY SHIPS WILL DRIVE LINE FIT SEGMENT	111
TABLE 32	DELIVERIES OF NEW MILITARY SHIPS, BY TYPE, 2017-2021	111
13.3	RETROFIT	111
13.3.1	UPGRADATION OF EXISTING SONAR SYSTEMS OF MILITARY VESSELS WILL BOOST THIS SEGMENT	111
TABLE 33	CLASSIFICATION OF ACTIVE MILITARY SHIPS, BY COUNTRY	112
14	REGIONAL ANALYSIS	113
14.1	INTRODUCTION	114
FIGURE 39	ASIA PACIFIC ESTIMATED TO HOLD LARGEST SHARE OF SONAR SYSTEM MARKET IN 2021	114
14.2	IMPACT OF COVID-19	115
FIGURE 40	IMPACT OF COVID-19 ON SONAR SYSTEM MARKET	115
TABLE 34	SONAR SYSTEM MARKET, BY REGION, 2018–2020 (USD MILLION)	115
TABLE 35	SONAR SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION)	115
14.3	NORTH AMERICA	116
14.3.1	COVID-19 IMPACT ON NORTH AMERICA	116
14.3.2	PESTLE ANALYSIS: NORTH AMERICA	116
FIGURE 41	NORTH AMERICA: SONAR SYSTEM MARKET SNAPSHOT	117
TABLE 36	NORTH AMERICA: SONAR SYSTEM MARKET, BY COUNTRY, 
2018–2020 (USD MILLION)	117
TABLE 37	NORTH AMERICA: SONAR SYSTEM MARKET, BY COUNTRY, 
2021–2026 (USD MILLION)	118
TABLE 38	NORTH AMERICA: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	118
TABLE 39	NORTH AMERICA: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	118
TABLE 40	NORTH AMERICA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	119
TABLE 41	NORTH AMERICA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	119
TABLE 42	NORTH AMERICA: SONAR SYSTEM MARKET, BY INSTALLATION, 
2018–2020 (USD MILLION)	119
TABLE 43	NORTH AMERICA: SONAR SYSTEM MARKET, BY INSTALLATION, 
2021–2026 (USD MILLION)	120
TABLE 44	NORTH AMERICA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	120
TABLE 45	NORTH AMERICA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	120
TABLE 46	NORTH AMERICA: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	120
TABLE 47	NORTH AMERICA: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	121
TABLE 48	NORTH AMERICA: SONAR SYSTEM MARKET, BY SOLUTION, 
2018–2020 (USD MILLION)	121
TABLE 49	NORTH AMERICA: SONAR SYSTEM MARKET, BY SOLUTION, 
2021–2026 (USD MILLION)	121
TABLE 50	NORTH AMERICA: SONAR SYSTEM MARKET, BY FREQUENCY, 
2018–2020 (USD MILLION)	121
TABLE 51	NORTH AMERICA: SONAR SYSTEM MARKET, BY FREQUENCY, 
2021–2026 (USD MILLION)	121
TABLE 52	NORTH AMERICA: SONAR SYSTEM MARKET, BY END USER, 
2018–2020 (USD MILLION)	122
TABLE 53	NORTH AMERICA: SONAR SYSTEM MARKET, BY END USER, 
2021–2026 (USD MILLION)	122
14.3.3	US	122
14.3.3.1	Increased naval shipbuilding in the US drive market for sonar systems	122
TABLE 54	US: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	122
TABLE 55	US: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	123
TABLE 56	US: SONAR SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION)	123
TABLE 57	US: SONAR SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION)	123
TABLE 58	US: SONAR SYSTEM MARKET, BY TECHNOLOGY, 2018–2020 (USD MILLION)	124
TABLE 59	US: SONAR SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	124
TABLE 60	US: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	124
TABLE 61	US: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	124
14.3.4	CANADA	125
14.3.4.1	Growth of marine industry to drive market	125
TABLE 62	CANADA: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	125
TABLE 63	CANADA: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	125
TABLE 64	CANADA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	126
TABLE 65	CANADA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	126
TABLE 66	CANADA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	126
TABLE 67	CANADA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	126
TABLE 68	CANADA: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	127
TABLE 69	CANADA: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	127
14.4	EUROPE	127
14.4.1	COVID-19 IMPACT ON EUROPE	127
14.4.2	PESTLE ANALYSIS: EUROPE	128
FIGURE 42	EUROPE SONAR SYSTEM MARKET SNAPSHOT	129
TABLE 70	EUROPE: SONAR SYSTEM MARKET, BY COUNTRY, 
2018–2020 (USD MILLION)	129
TABLE 71	EUROPE:SONAR SYSTEM MARKET, BY COUNTRY, 2021–2026 (USD MILLION)	130
TABLE 72	EUROPE: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	130
TABLE 73	EUROPE: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	130
TABLE 74	EUROPE: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	131
TABLE 75	EUROPE:SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	131
TABLE 76	EUROPE: SONAR SYSTEM MARKET, BY INSTALLATION, 
2018–2020 (USD MILLION)	131
TABLE 77	EUROPE: SONAR SYSTEM MARKET, BY INSTALLATION, 
2021–2026 (USD MILLION)	131
TABLE 78	EUROPE:SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	132
TABLE 79	EUROPE:SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	132
TABLE 80	EUROPE: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	132
TABLE 81	EUROPE: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	132
TABLE 82	EUROPE: SONAR SYSTEM MARKET, BY SOLUTION, 
2018–2020 (USD MILLION)	133
TABLE 83	EUROPE: SONAR SYSTEM MARKET, BY SOLUTION, 
2021–2026 (USD MILLION)	133
TABLE 84	EUROPE: SONAR SYSTEM MARKET, BY FREQUENCY, 
2018–2020 (USD MILLION)	133
TABLE 85	EUROPE: SONAR SYSTEM MARKET, BY FREQUENCY, 
2021–2026 (USD MILLION)	133
TABLE 86	EUROPE: SONAR SYSTEM MARKET, BY END USER, 
2018–2020 (USD MILLION)	133
TABLE 87	EUROPE: SONAR SYSTEM MARKET, BY END USER, 
2021–2026 (USD MILLION)	134
14.4.3	GERMANY	134
14.4.3.1	Upgradation of ship equipment will boost demand for sonar systems in the country	134
TABLE 88	GERMANY: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	134
TABLE 89	GERMANY: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	135
TABLE 90	GERMANY: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	135
TABLE 91	GERMANY: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	135
TABLE 92	GERMANY: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	136
TABLE 93	GERMANY: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	136
TABLE 94	GERMANY: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	136
TABLE 95	GERMANY: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	136
14.4.4	FRANCE	137
14.4.4.1	Shipbuilding and naval vessel sonar replacement industries driving market growth	137
TABLE 96	FRANCE: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	137
TABLE 97	FRANCE: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	137
TABLE 98	FRANCE: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	138
TABLE 99	FRANCE: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	138
TABLE 100	FRANCE: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	138
TABLE 101	FRANCE: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	138
TABLE 102	FRANCE: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	139
TABLE 103	FRANCE: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	139
14.4.5	ITALY	139
14.4.5.1	Retrofitting of autonomous ship technologies in vessels is driving market in Italy	139
TABLE 104	ITALY: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	140
TABLE 105	ITALY: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	140
TABLE 106	ITALY: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	140
TABLE 107	ITALY: SONAR SYSTEM MARKET SIZE, BY APPLICATION, 
2021–2026 (USD MILLION)	141
TABLE 108	ITALY: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	141
TABLE 109	ITALY: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	141
TABLE 110	ITALY: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	141
TABLE 111	ITALY: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	142
14.4.6	UK	142
14.4.6.1	Increasing investments to upgrade marine systems expected to drive market in the UK	142
TABLE 112	UK: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	142
TABLE 113	UK: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	143
TABLE 114	UK: SONAR SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION)	143
TABLE 115	UK: SONAR SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION)	143
TABLE 116	UK: SONAR SYSTEM MARKET, BY TECHNOLOGY, 2018–2020 (USD MILLION)	144
TABLE 117	UK: SONAR SYSTEM MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)	144
TABLE 118	UK: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	144
TABLE 119	UK: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	144
14.4.7	RUSSIA	145
14.4.7.1	Introduction of advanced threat detection and identification technologies in naval ships will boost demand for sonar systems 
in Russia	145
TABLE 120	RUSSIA: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	145
TABLE 121	RUSSIA: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	145
TABLE 122	RUSSIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	146
TABLE 123	RUSSIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	146
TABLE 124	RUSSIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	146
TABLE 125	RUSSIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	146
TABLE 126	RUSSIA: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	147
TABLE 127	RUSSIA: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	147
14.4.8	REST OF EUROPE	147
14.4.8.1	Increasing investment in the maintenance of autonomous ship projects fuel the growth of market in this region	147
TABLE 128	REST OF EUROPE: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	147
TABLE 129	REST OF EUROPE: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	148
TABLE 130	REST OF EUROPE: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	148
TABLE 131	REST OF EUROPE: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	148
TABLE 132	REST OF EUROPE: SONAR SYSTEM MARKET, BY TECHNOLOGY,
2018–2020 (USD MILLION)	149
TABLE 133	REST OF EUROPE: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	149
TABLE 134	REST OF EUROPE: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	149
TABLE 135	REST OF EUROPE: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	149
14.5	ASIA PACIFIC	150
FIGURE 43	ASIA PACIFIC: SONAR SYSTEM MARKET SNAPSHOT	150
14.5.1	COVID-19 IMPACT ON ASIA PACIFIC	151
14.5.2	PESTLE ANALYSIS: ASIA PACIFIC	151
TABLE 136	ASIA PACIFIC: SONAR SYSTEM MARKET, BY COUNTRY, 
2018–2020 (USD MILLION)	152
TABLE 137	ASIA PACIFIC: SONAR SYSTEM MARKET, BY COUNTRY, 
2021–2026 (USD MILLION)	152
TABLE 138	ASIA PACIFIC: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	152
TABLE 139	ASIA PACIFIC: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	153
TABLE 140	ASIA PACIFIC: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	153
TABLE 141	ASIA PACIFIC: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	153
TABLE 142	ASIA PACIFIC: SONAR SYSTEM MARKET, BY INSTALLATION, 
2018–2020 (USD MILLION)	154
TABLE 143	ASIA PACIFIC: SONAR SYSTEM MARKET, BY INSTALLATION, 
2021–2026 (USD MILLION)	154
TABLE 144	ASIA PACIFIC: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	154
TABLE 145	ASIA PACIFIC: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	154
TABLE 146	ASIA PACIFIC: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	155
TABLE 147	ASIA PACIFIC: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	155
TABLE 148	ASIA PACIFIC: SONAR SYSTEM MARKET, BY SOLUTION, 
2018–2020 (USD MILLION)	155
TABLE 149	ASIA PACIFIC: SONAR SYSTEM MARKET, BY SOLUTION, 
2021–2026 (USD MILLION)	155
TABLE 150	ASIA PACIFIC: SONAR SYSTEM MARKET, BY FREQUENCY, 
2018–2020 (USD MILLION)	156
TABLE 151	ASIA PACIFIC: SONAR SYSTEM MARKET, BY FREQUENCY, 
2021–2026 (USD MILLION)	156
TABLE 152	ASIA PACIFIC SONAR SYSTEM MARKET, BY END USER, 
2018–2020 (USD MILLION)	156
TABLE 153	ASIA PACIFIC: SONAR SYSTEM MARKET, BY END USER, 
2021–2026 (USD MILLION)	156
14.5.3	CHINA	156
14.5.3.1	Dredging activities in oil & gas have led to growth of the hydrographic sonar industry in China.	156
TABLE 154	CHINA: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	157
TABLE 155	CHINA: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	157
TABLE 156	CHINA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	158
TABLE 157	CHINA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	158
TABLE 158	CHINA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	158
TABLE 159	CHINA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	158
TABLE 160	CHINA: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	159
TABLE 161	CHINA: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	159
14.5.4	INDIA	159
14.5.4.1	Investments in naval shipbuilding capacity to help the sonar system market in India grow during the forecast period.	159
TABLE 162	INDIA: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	159
TABLE 163	INDIA: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	160
TABLE 164	INDIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	160
TABLE 165	INDIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	160
TABLE 166	INDIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	161
TABLE 167	INDIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	161
TABLE 168	INDIA: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	161
TABLE 169	INDIA: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	161
14.5.5	JAPAN	162
14.5.5.1	Increasing defense expenditure to help the sonar system market in Japan to grow during the forecast period	162
TABLE 170	JAPAN: SONAR SYSTEM MARKET, BY PLATFORM, 2018–2020 (USD MILLION)	162
TABLE 171	JAPAN: SONAR SYSTEM MARKET, BY PLATFORM, 2021–2026 (USD MILLION)	162
TABLE 172	JAPAN: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	163
TABLE 173	JAPAN: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	163
TABLE 174	JAPAN: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	163
TABLE 175	JAPAN: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	163
TABLE 176	JAPAN: SONAR SYSTEM MARKET, BY PRODUCT, 2018–2020 (USD MILLION)	164
TABLE 177	JAPAN: SONAR SYSTEM MARKET, BY PRODUCT, 2021–2026 (USD MILLION)	164
14.5.6	SOUTH KOREA	164
14.5.6.1	Requirement of sonar systems in commercial vessels to drive the sonar system market in South Korea	164
TABLE 178	SOUTH KOREA: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	165
TABLE 179	SOUTH KOREA: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	165
TABLE 180	SOUTH KOREA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	165
TABLE 181	SOUTH KOREA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	166
TABLE 182	SOUTH KOREA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	166
TABLE 183	SOUTH KOREA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	166
TABLE 184	SOUTH KOREA: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	166
TABLE 185	SOUTH KOREA: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	167
14.5.7	AUSTRALIA	167
14.5.7.1	Constant upgradation of sonar systems of Royal Australian Navy ships to drive the market for sonar system in Australia.	167
TABLE 186	AUSTRALIA: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	167
TABLE 187	AUSTRALIA: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	167
TABLE 188	AUSTRALIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	168
TABLE 189	AUSTRALIA: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	168
TABLE 190	AUSTRALIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	168
TABLE 191	AUSTRALIA: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	168
TABLE 192	AUSTRALIA: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	169
TABLE 193	AUSTRALIA: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	169
14.5.8	REST OF ASIA PACIFIC	169
14.5.8.1	Retrofitting of sonar systems in naval ships of nations like Taiwan, Pakistan, Malaysia, Philippines to drive the sonar system market in Asia Pacific region during the forecast period.	169
TABLE 194	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY PLATFORM, 
2018–2020 (USD MILLION)	169
TABLE 195	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY PLATFORM, 
2021–2026 (USD MILLION)	170
TABLE 196	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY APPLICATION, 
2018–2020 (USD MILLION)	170
TABLE 197	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY APPLICATION, 
2021–2026 (USD MILLION)	170
TABLE 198	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2018–2020 (USD MILLION)	171
TABLE 199	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY TECHNOLOGY, 
2021–2026 (USD MILLION)	171
TABLE 200	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY PRODUCT, 
2018–2020 (USD MILLION)	171
TABLE 201	REST OF ASIA PACIFIC: SONAR SYSTEM MARKET, BY PRODUCT, 
2021–2026 (USD MILLION)	171
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