Manned Anti-Tank Guided Missile System Market is Anticipated to Witness High Growth Owing to Increase Demand For Defence Capabilities
Manned anti-tank guided missile systems (MAGMS) are launch platforms that enable soldiers to accurately target and engage armoured vehicles from extended ranges on land. These systems provide defence forces with surveillance and target acquisition capabilities along with firepower required to destroy hostile tanks and other combat vehicles. MAGMS offer precision strike ability with minimum collateral damage as compared to other conventional weapons.
The global manned anti-tank guided missile system market is estimated to be valued at US$ 352.7 Mn in 2024 and is expected to exhibit a CAGR of 4.3% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the manned anti-tank guided missile system market are BAE Systems, Denel Dynamics, Elbit Systems Ltd, General Dynamics Corporation, KBP Instrument Design Bureau, Lockheed Martin Corporation, Hensoldt, and Leonardo S.p.
Manned anti-tank guided missile systems (MAGMS) are launch platforms that enable soldiers to accurately target and engage armoured vehicles from extended ranges on land. These systems provide defence forces with surveillance and target acquisition capabilities along with firepower required to destroy hostile tanks and other combat vehicles. MAGMS offer precision strike ability with minimum collateral damage as compared to other conventional weapons.
The global manned anti-tank guided missile system market is estimated to be valued at US$ 352.7 Mn in 2024 and is expected to exhibit a CAGR of 4.3% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the manned anti-tank guided missile system market are BAE Systems, Denel Dynamics, Elbit Systems Ltd, General Dynamics Corporation, KBP Instrument Design Bureau, Lockheed Martin Corporation, Hensoldt, and Leonardo S.p.
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