MANNED ANTI-TANK GUIDED MISSILE SYSTEM MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Manned Anti-Tank Guided Missile System Market, By Missile Type (Tube-Launched, Optically-Tracked, Wire-Guided (TOW), Missile Moyenne Portée (MMP), Javelin, FGM-148 Javelin, and Others), By Firing Platform (Vehicle-Mounted and Man-Portable), By End User (Military and Homeland Security), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Sep 2024
Code : CMI7355
Pages :145
Formats :
Excel and PDF
Industry : Aerospace and Defense

Key Developments

In July 2024, VezoPay, a leading innovator in payment technology, introduced Africa's first smart ring, marking a significant advancement in contactless payment solutions across the continent. Designed for both convenience and security, the VezoPay smart ring showcases a range of cutting-edge features that epitomize the future of digital transactions.
In September 2022, the Slovenian Ministry of Defense awarded a contract worth USD 6.6 million to EuroSpike, a joint venture specializing in advanced missile systems, to supply 50 Spike LR2 Long-range Anti-tank Guided Missiles (ATGMs) for the country. These systems are set to be mounted on Oshkosh's Joint Light Tactical Vehicles (JLTV), enhancing Slovenia's defense capabilities.
In February 2021, as part of collaborative user testing, the Indian Army and Air Force conducted a series of launches involving four HELINA anti-tank missiles from an Advanced Light Helicopter (ALH) Dhruv in the Rajasthan sector. The tests aimed to evaluate the missile's capabilities at both minimum and maximum ranges of seven kilometers, culminating in a final mission where a warhead missile successfully destroyed a derelict tank. The HELINA missile, developed by the Defence Research and Development Organisation (DRDO), is recognized for its advanced technology and effectiveness in modern warfare.
In March 2021, the Indian Army will receive 4,960 anti-tank guided missiles from Bharat Dynamics Limited (BDL), a leading public sector defense manufacturing company under the Ministry of Defence, Government of India. The Rs 1,188 crore contract will provide the Army with missiles capable of being launched from both ground and vehicle-mounted launchers, with an effective range of 1,850 meters, bolstering its anti-tank capabilities.