The global rocket & missile market was valued at US$ 26,868.9 Mn in 2018 and is anticipated to expand at a stable CAGR of 3.6% from 2019 to 2027, according to a new report published by Transparency Market Research (TMR) titled ‘Rocket & Missile Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.’ Advantages offered by rockets and missiles and increasing adoption of missiles have promoted growth of the global rocket & missile market. The market in Asia Pacific is likely to expand at a prominent CAGR during the forecast period, due to numerous technological innovations in rockets and missiles in the region. Advantages offered by rockets and missiles In terms of product, the global rocket & missile market has been segmented into rocket & missile. The missile segment is anticipated to dominate the market with rise in the adoption of cruise missiles in military and other defense forces owing to high speed...