Submarine Launched Missile Segmentation
The market is segmented by application into research, national security and others. The national defense segment is anticipated to grow at the highest rate on the back of rising maritime border disputes and national security concerns across the world.
Our in-depth analysis of the global market includes the following segments:
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of submarine launched missile is evaluated at USD 387.11 million.
Submarine Launched Missile Market size was over USD 370.12 million in 2024 and is projected to reach USD 733.28 million by 2037, witnessing around 5.4% CAGR during the forecast period i.e., between 2025-2037.
North America industry is anticipated to hold largest revenue share by 2037, attributed to high investments in the submarine launched missile technology and increased spending towards defense sector in the region.
The major players in the market are Lockheed Martin, Northrop Grumman, General Dynamics Corporation, Rafael Advanced Defense Systems, Boeing, BAE Systems PLC, Defence Research and Development Organisation, Raytheon Company, Aerojet Rocketdyne Holdings Inc., and others.