Missile Defense System Market size is projected to reach USD 30.8 Billion by 2028 from an estimated USD 22.7 Billion in 2022, growing at a CAGR of 4.5% globally.
Missile defense systems are land and sea-based technology that defense forces utilize to defend against a range of missiles, including cruise and ballistic missiles. The need for missile defense systems has increased significantly as a result of the growth in hostilities and war-like conditions in many regions of the world. Missile defense systems keep national assets and individuals safe from missile assaults.
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