Global Missiles and Missile Defense Systems Market Is Expected to Grow at a CAGR of 2.32% Forecast Period 2018-2028; Finds New Report
Demand for missiles is anticipated to be driven by the ever increasing threat of radical institutions (both state and non-state) with access to weapons of mass destruction, which is exemplified by the conduct of rogue states like North Korea and Iran. The missile defense industry stands as one of the fastest-growing sectors, with most of the developed and developing countries including the US, Russia, China, India and South Africa allocating substantial portion of their resources for augmentation of missile technologies
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