Anti-Ship Missile Defense System Market Share, Size & Russia Ukraine War Impact, By Component (Sensors, Command and Control (C2) System, Weapon Systems, Communication and Data Links, and Others), By Launch Platform (Air, Surface, Submarine), Application (Ballistic Missiles Defense, Conventional Missile Defense, and Others), and Regional Forecast, 2024-2032

An Anti-Ship Missile Defense System (ASMD) is a sophisticated self-defense military system which is designed to detect, track, and intercept incoming anti-ship missiles launched by potential adversaries. These systems are mainly used to protect naval assets such as ships, submarines, and other maritime platforms from being attacked and destroyed by enemy missiles. ASMDs comprises a combination of sensors, command and control systems, and defensive weapons to counter the anti-ship missile threat. The anti-ship missile defense system market size is expected to display strong growth during the forecast period of 2024-2032.

The including increasing demand for naval vessels owing to various reasons such as protection of naval assets, rising threats, modernization and growing geopolitical tensions are expected to drive the growth of anti-ship missile defense market. For instance, in November 2022, according to estimates from the Pentagon's annual China military report, the People's Liberation Army Navy (PLAN) is projected to expand its fleet from 340 to 400 vessels by 2025. The PLAN has been undergoing a transformation, aiming to replace its older generation platforms with larger, more advanced multi-role combatants.

As of 2021, the majority of the PLAN's fleet consists of modern multi-role platforms equipped with advanced weaponry and sensors designed for anti-ship, anti-air, and anti-submarine operations. This evolution signifies the PLAN's growing modernization and adaptability as a naval force. Additionally, the development of advanced technologies such as artificial intelligence, machine learning, and advanced sensors is expected to catalyze the market growth over the coming years.

However, high cost and integration challenges are predicted to hinder the market growth. The anti-ship missile defense system market is highly competitive, with major players including Raytheon Technologies Corporation, Thales Group, and others.

Russia-Ukraine War Impact on Anti-Ship Missile Defense System Industry

The Russia-Ukraine war has significantly impacted the anti-ship missile system. The conflict has increased demand for the anti-ship missile defense system as Ukraine and other countries in the region seek to protect their naval vessels from potential attacks by Russia. The conflict has also led both sides to rapidly deploy new anti-missile systems, with Russia deploying advanced missile systems such as the Bastion-P and Bal-E systems in the region.

It has spurred the development of new anti-ship missile defense technologies, such as the Ukrainian Neptune Missile system, capable of striking targets up to 300 kilometers away. The conflict has effective strategies and implications for using anti-ship missile systems in naval warfare, as both sides have demonstrated the potential effectiveness of these systems in the region. Overall, the conflict has fosters the market growth owing to increased demand and development of new technologies.

The anti-ship missile defense system market is segregated based on component as sensors, command and control (C2) system, weapon system, communication and data links, defense weapons, and others. Based on the Launch Platform, the market is segmented into air, surface, and submarine. Based on application, the market is bifurcated into ballistic missiles defense and conventional missile defense.

Key Insights

The report will cover the following key insights:

• The report analyzes a detailed overview of the industry, including qualitative and quantitative information.


• It analyzes an overview and forecast of the global anti-ship missile defense system market based on various segments.


• The report also analyzes comprehensive PEST analysis for all the regions i.e. North America, Europe, Asia Pacific, rest of the world after evaluating economic, economic, political and technological factors affecting the impact of the anti-ship missile defense system market in these regions.

Regional Analysis

North America is expected to dominate the anti-ship missile defense system market over the forecast period. The development of the market in North America is mainly driven by technological advancements and increased investments in defense research and development. Asia Pacific is also predicted to grow significantly due to rise in defense budgets and growing political tensions between the countries in that region.

Key Players

• BAE Systems PLC


• General Dynamics Corporation


• Leonardo SpA


• Lockheed Martin Corporation


• Northrop Grumman Corporation


• Rafael Advanced Defense Systems Ltd.


• Raytheon Company


• SAAB AB


• Thales Group

Anti-Ship Missile Defense System Market Segmentation

Recent Developments

• In January 2022, BrahMos Aerospace Private Limited (BAPL), an India-based joint venture of India’s Defense Research and Development Organization (DRDO) and NPO Mashinostroyenia of Russia, signed a contract with the Department of National Defense of the Republic of Philippines for a deal amount of USD 375 Million to supply the Shore Based Anti-Ship Missile System to the Philippines.


• In August 2022, Raytheon Missiles & Defense, a U.S based aerospace and defense company, has secured a contract from US Air Force for the production of enhanced AMRAAM® missiles. This contract which worth USD 972 Million, marks the first instance of producing a complete batch of AIM-120D3 and AIM-120C8 missiles, which have undergone upgrades known as the Form, Fit, Function Refresh (F3R).