Global Missile Decoy Systems Market Research Report: Forecast (2023-2028)

By Function (Infrared Decoy Systems, Radar Decoy Systems, Laser Decoy Systems, Electronic Warfare (EW) Decoy Systems, Other Decoy Systems (Acoustic, Visual, etc.)), By Platform (A......irborne Decoy Systems, Naval Decoy Systems, Ground-based Decoy Systems), By Type (Passive Decoy Systems, Active Decoy Systems), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (Raytheon Technologies Corporation, BAE Systems, Leonardo S.p.A., Bharat Electronics Ltd., Terma, Elbit Systems Ltd., Safran, Rheinmetall AG, Mitsubishi Heavy Industries, Lacriox, System Engineering & Assessment, JSK Naval Support, and others) Read more

  • Aerospace & Defense
  • Oct 2023
  • 198
  • PDF, Excel, PPT

Market Definition

Missile Decoys are airborne projectiles used to counter enemy missiles to safeguard military assets such as aircraft, ships, Inter Continental Ballistic Missiles, etc. The missile decoys simulate electronic and infrared signatures to deceive the enemy missiles and effectively deviate their intended path to secure intended airborne, sea-borne, and land-based platforms.

Market Insights & Analysis: Global Missile Decoy Systems Market (2023-28):

The market size of Global Missile Decoy Systems is projected to grow at a CAGR of around 20.59% during the forecast period, i.e., 2023-28. The proliferation of advanced missile technology incorporating various sensor technologies like infrared, radar, and electronic signatures, is posing a challenge to missile defense systems in safeguarding military assets. To address this challenge, major global economies are deploying counter-evasive decoy missiles equipped with similar heat, radar, to divert incoming enemy projectiles and ensure the protection of high-value assets.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 20.59%
Regions Covered North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Russia, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
South America: Brazil, Rest of South America
Middle East & Africa: The UAE, Saudi Arabia, Israel, Turkey, South Africa, Rest of the Middle East & Africa
Key Companies Profiled Raytheon Technologies Corporation, BAE Systems, Leonardo S.p.A., Bharat Electronics Ltd., Terma, Elbit Systems Ltd., Safran, Rheinmetall AG, Mitsubishi Heavy Industries, Lacriox, System Engineering & Assessment, JSK Naval Support, and others
Unit Denominations USD Million/Billion

 

Additionally, the growing importance of precision-guided missiles and their ability to target critical infrastructure and military assets has heightened the need for advanced countermeasures. Therefore, in line with securing the airborne systems, many of the leading militaries across the globe have planned to integrate missile decoy systems to secure their assets in hostile environments. For instance,

  • The US has been one of the significant procurers of the respective decoy systems with an intended increase of USD 41.96 million to USD 96.58 million between 2020 & 2024. This increase is designed to procure missile decoys on a large scale to protect a vast range of sea-based assets.
  • According to BAE Systems, Naulka, a middle decoy system was solely deployed in over 150 Australian, Canadian, and US warships as of 2022.

Global Missile Decoy Systems Market Research Report (2023-2028) - Table of Contents

 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Global Missile Decoy Systems Market Trends & Developments
  5. Global Missile Decoy Systems Market Dynamics
    1. Drivers
    2. Challenges
  6. Global Missile Decoy Systems Market Regulations, Policies and Standards
  7. Global Missile Decoy Systems Market Ongoing Trials for Deployment, By Country, 2018-2023
  8. Global Missile Decoy Systems Market Hotspot and Opportunities
  9. Global Missile Decoy Systems Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Size & Analysis
      1. By Function
        1. Infrared Decoy Systems- Market Size & Forecast 2018-2028, USD Million
        2. Radar Decoy Systems- Market Size & Forecast 2018-2028, USD Million
        3. Laser Decoy Systems- Market Size & Forecast 2018-2028, USD Million
        4. Electronic Warfare (EW) Decoy Systems- Market Size & Forecast 2018-2028, USD Million
        5. Other Decoy Systems (Acoustic, Visual, etc.)- Market Size & Forecast 2018-2028, USD Million
      2. By Platform          
        1. Airborne Decoy Systems - Market Size & Forecast 2018-2028, USD Million
        2. Naval Decoy Systems- Market Size & Forecast 2018-2028, USD Million
        3. Ground-based Decoy Systems- Market Size & Forecast 2018-2028, USD Million
      3. By Type
        1. Passive Decoy Systems - Market Size & Forecast 2018-2028, USD Million
        2. Active Decoy Systems - Market Size & Forecast 2018-2028, USD Million
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. The Middle East & Africa
        5. Asia-Pacific
      5. By Competition
        1. Competition Characteristics
        2. Market Share Analysis
  10. North America Missile Decoy Systems Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Function- Market Size & Forecast 2018-2028, USD Million
      2. By Platform- Market Size & Forecast 2018-2028, USD Million
      3. By Type- Market Size & Forecast 2018-2028, USD Million
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    4. Canada Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    5. Mexico Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
  11. South America Missile Decoy Systems Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Function- Market Size & Forecast 2018-2028, USD Million
      2. By Platform- Market Size & Forecast 2018-2028, USD Million
      3. By Type- Market Size & Forecast 2018-2028, USD Million
      4. By Country
        1. Brazil
        2. Rest of South America
    3. Brazil Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
  12. Europe Missile Decoy Systems Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Function- Market Size & Forecast 2018-2028, USD Million
      2. By Platform- Market Size & Forecast 2018-2028, USD Million
      3. By Type- Market Size & Forecast 2018-2028, USD Million
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Spain
        5. Italy
        6. Russia
        7. Rest of Europe
    3. Germany Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    4. The UK Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    5. France Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    6. Spain Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    7. Italy Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    8. Russia Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
  13. The Middle East & Africa Missile Decoy Systems Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Function- Market Size & Forecast 2018-2028, USD Million
      2. By Platform- Market Size & Forecast 2018-2028, USD Million
      3. By Type- Market Size & Forecast 2018-2028, USD Million
      4. By Country
        1. The UAE
        2. Saudi Arabia
        3. Israel
        4. Turkey
        5. South Africa
        6. Rest of Middle East & Africa
    3. The UAE Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    4. Saudi Arabia Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    5. Israel Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    6. Turkey Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    7. South Africa Eye Disease Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
  14. Asia-Pacific Missile Decoy Systems Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Function- Market Size & Forecast 2018-2028, USD Million
      2. By Platform- Market Size & Forecast 2018-2028, USD Million
      3. By Type- Market Size & Forecast 2018-2028, USD Million
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Rest of the Asia-Pacific
    3. China Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    4. India Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    5. Japan Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    6. South Korea Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
    7. Australia Missile Decoy Systems Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Function- Market Size & Forecast 2018-2028, USD Million
        2. By Platform- Market Size & Forecast 2018-2028, USD Million
  15. Competitive Outlook
    1. Company Profiles 
      1. Raytheon Technologies Corporation
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. BAE Systems
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Leonardo S.p.A.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details             
        6. Others
      4. Bharat Electronics Limited
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Terma
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Elbit Systems Ltd.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Safran
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Rheinmetall AG
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Mitsubishi Heavy Industries
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Lacriox
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Systems Engineering & Assessment
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      12. JSK Naval Support
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      13. Others
  16. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

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