Missile seekers are sophisticated sensor systems integrated into guided missiles, which enable real-time target acquisition, tracking and guidance. They serve as the "eyes" of the missile, detecting signature emissions, whether radar, infrared, laser reflections, or other forms, which are emitted or reflected by the intended target.
The missile seekers market consists of sales, by entities (organizations, sole traders and partnerships), of missile seekers, which are incorporated into missiles used by defense forces, typically within air forces, armies and navies. They are engaged during a missile's flight to ensure precision strike capability against diverse threats such as aircraft, ships, armored vehicles, or even other missiles.
The global missile seekers market was valued at $3,960.69 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 5.00%.
Rise Of Fighter Jets And UAVs
Rise of fighter jets and unmanned aerial vehicles (UAVs) fueled the growth of the missile seekers in the historic period. fighter jets and UAVs significantly boost the demand for advanced missile seekers by increasing the need for precision-guided munitions capable of engaging fast and agile aerial targets. Modern seekers, such as infrared, radar and dual-mode systems, enhance missile effectiveness by improving target acquisition, tracking and engagement accuracy. UAVs, often used in surveillance and combat roles, rely on seeker-equipped missiles for autonomous or remote-strike capabilities. As aerial warfare becomes more sophisticated, missile seekers play a critical role in ensuring mission success and target neutralization. For instance, in September 2024, according to, Observer Research Foundation (ORF), an India-based think tank focused on public policy research and strategic affairs, the proportion of modern and advanced fighter aircraft in China's air force has risen significantly, from just 4% in last decade to 58% in 2024. Therefore, the rise of fighter jets and UAVs drove the growth of the missile seekers market.
Advancing Self-Reliance Through Indigenous Guidance Technologies
Major companies operating in the missile seekers market are focused on introducing self-reliance solutions, such as indigenous RF seeker to reduce dependency on foreign technologies and strengthen domestic defense capabilities. An indigenous RF seeker is a domestically developed radio frequency guidance system used in missiles to detect, track and engage targets without relying on foreign technology. For instance, in August 2023, Bharat Dynamics Limited (BDL), an India-based manufacturers of ammunitions and missile systems, handed over the first indigenously produced Radio Frequency (RF) Seeker for the Akash-NG (Next Generation) missile to the Defense Research and Development Organisation (DRDO), marking a significant milestone in India's drive for self-reliance in defense technology. The RF Seeker, a critical component for missile guidance and target acquisition, was developed and manufactured by BDL. This achievement is pivotal for the Akash-NG missile system, which is designed to intercept high-speed, agile aerial threats and supports the broader goal of enhancing India's indigenous air defense capabilities.
The global missile seekers markets is fairly concentrated, with large players operating in the market. The top 10 competitors in the market made up 36.08% of the total market in 2024.
Missile Seekers Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global missile seekers market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for missile seekers? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The missile seekers market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider missile seekers market; and compares it with other markets.
The report covers the following chapters
- Introduction And Market- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by missile type, by technology and by launch mode.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis And Strategic Analysis Framework- Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by missile type, by technology and by launch mode in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size And Growth- Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers And Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments- Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for missile seekers providers in terms of product/service offerings geographic expansion, marketing strategies and target groups
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Missile Type: Cruise Missile; Ballistic Missile; Interceptor Missile; Conventional Missile
- 2) By Technology: Active Radar; Semi-Active Radar; Passive Radar; Infrared; Laser; Multimode
3 By Launch Mode: Surface-To-Surface; Surface-To-Air; Air-To-Surface; Air-To-Air Government
- Companies Mentioned: The Lockheed Martin Corporation; Raytheon Technologies Corporation; BAE Systems plc; Northrop Grumman Corporation; The Boeing Company
- Countries: Australia; China; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia.
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; missile seekers indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.