Global Newswire
Dublin, May 21, 2024 (GLOBE NEWSWIRE) — The “Asia-Pacific Missile Tracking Systems Market: Focus on Application, Platform, and Country – Analysis and Forecast: 2023-2033” report has been added to ResearchAndMarkets.com’s offering.
The Asia-Pacific missile tracking systems market is projected to reach $27.81 billion by 2033 from $15.39 billion in 2023, growing at a CAGR of 6.09% during the forecast period 2023-2033
The growth can be attributed to the vital role played by the incorporation of artificial intelligence and machine learning in enhancing the precision and velocity of missile tracking. This integration enables the real-time identification and interception of threats. Additionally, the proliferation of advanced threats like hypersonic missiles has spurred the advancement of more resilient missile tracking systems, necessitating ongoing innovation in both hardware and software elements.