Sea Skimmer Missile Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Sea Skimmer Missile Market is segmented by Launch Type (Surface-to-Surface Missiles, Air-to-Surface Missiles), and Geography.

Market Snapshot

Sea Skimmer Missile Market Size
Study Period: 2018-2027
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: >4 %
Sea Skimmer Missile Market Key Players

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Market Overview

The Sea Skimmer Sissile Market is estimated to register a CAGR of over 4% during the forecast period 2020-2025.

  • Low flying capabilities for avoiding radar detection, possessed by the sea skimmer missile, may lead to various countries acquiring sea skimmer missiles, and this shall propel the growth of the market in the near future.
  • Technological advancements, such as the usage of artificial intelligence in sea skimmer missiles, is expected to be an opportunity for the market.
  • Growing maritime tensions are also forcing several countries to develop and procure advanced sea skimmer missiles.

Scope of the Report

Sea skimming is a technique, incorporated by most of the anti-ship missiles. The technique is primarily used to avoid radar and infrared detection during an attack. The sea skimmer missiles usually fly below 50 meters above the sea surface. During an attack, a warship can detect sea-skimming missiles, only once they appear over the horizon, allowing just 25 to 60 seconds of warning. The success of sea-skimming missiles depends on its exact implementation, the infrared and radar signature of the missile, and sophistication of the detection equipment. Sea skimming can also increase the range of a missile due to ground effects. The report also covers the analysis of different launch missiles namely, surface-to-surface missiles and air-to-surface missiles.

Launch Type
Surface-to-Surface Missiles
Air-to-Surface Missiles
North America
United States
Latin America
Rest of Latin America
Rest of Asia-Pacific
United Kingdom
Rest of Europe
Middle-East and Africa
United Arab Emirates
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Surface-to-Surface Missiles Segment are Projected to Grow at the Highest Pace

Currently, Surface-to-Surface Missiles segment have the highest share of all the segments. There have been several developments, in terms of surface-to-surface missiles. The RBS15 Mk3 missile, manufactured by Saab AB is the latest generation, long range, surface-to-surface missile (SSM) system. The system can be used as a main anti-surface armament for any type of naval vessel. The RBS15 Mk3 has also been designed to operate in the naval scenario, from anti-ship engagement, as well as land attack missions. Additionally, the missile has a range of 200 km, and can be launched from ships, trucks, and aircraft. The missile also comes with high-precision GPS, which helps for superior navigation. The missile system is in huge demand, worldwide. During 2018, Saab AB, a Swedish defense contracting company, announced that it has acquired orders from the German company, Diehl Defence, for delivering its RBS15 Mk3 anti-ship missile system for the five new K130 corvettes. According to Saab AB, the order is worth USD 18.1 million. Deliveries for the missile system shall take place between 2019 - 2024. Thus, upcoming developments shall increase the focus on this segment, and this shall be the reason for its expected high CAGR.

Sea Skimmer Missile Market Trends

North America is Expected to Witness the Highest Growth During the Forecast Period

In the Sea Skimmer Sissile Market, North America shall experience the highest growth. The Department of Defense of the United States are now focused on developing and improving their naval combat systems, owing to the growing maritime tensions. The United States have also developed various formidable missiles for sinking warships, the deadliest among them is the AG-84 Harpoon missile. These missiles fly with supersonic speed for about 150 miles, using precision-guidance systems to skim over land or water, thus, making their detection harder. Additionally, the missiles can fly in unpredictable patterns, upon being spotted, thus, making it harder to shoot them down. Thus, various ongoing developments, in terms of sea skimmer missiles are expected to lead to its growth in North America, in the near future.

Sea Skimmer Missile Market Growth

Competitive Landscape

Various players, such as MBDA, Saab AB, Israel Aerospace Industries Ltd, Northrop Grumman Corporation, and Raytheon Company, hold significant market share, as of December 2018. Various initiatives, as well as product innovations, which are being done by companies, have led them to strengthen their presence in the market. MBDA and Saab AB hold the major market share in the sea skimmer missiles market. In 2018, MBDA reported the success of its anti-ship missile, Sea Venom, which is being developed by Anglo-French funding. The Sea Venom is a sea-skimming missile, which can fly for about 20 km, at high subsonic speed. It has an imaging infrared seeker that provides “fire-and-forget” capability.

Recent Development

In June 2021, Rafael Advanced Defense Systems unveiled the Sea Breaker, a 5th generation long range, autonomous, precision-guided missile system meant to hit high-value maritime and land targets. The missile's mission profile enables sea-skimming and terrain-following low-level flight above ground.

In February 2021, HALCON unveiled its HALCON AntiShip-250 (HAS-250) cruise missile at the International Defence and Exhibition Conference (IDEX) 2021 event.

Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Launch Type

      1. 5.1.1 Surface-to-Surface Missiles

      2. 5.1.2 Air-to-Surface Missiles

    2. 5.2 Geography

      1. 5.2.1 North America

        1. United States

        2. Canada

      2. 5.2.2 Latin America

        1. Mexico

        2. Brazil

        3. Rest of Latin America

      3. 5.2.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Rest of Asia-Pacific

      4. 5.2.4 Europe

        1. United Kingdom

        2. Germany

        3. France

        4. Rest of Europe

      5. 5.2.5 Middle-East and Africa

        1. United Arab Emirates

        2. Saudi Arabia

        3. South Africa

        4. Rest of Middle-East and Africa


    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 MBDA

      2. 6.2.2 Raytheon Company

      3. 6.2.3 The Boeing Company

      4. 6.2.4 Kongsberg Gruppen AS

      5. 6.2.5 BrahMos Aerospace

      6. 6.2.6 Israel Aerospace Industries Ltd.

      7. 6.2.7 DRDO

      8. 6.2.8 Northrop Grumman Corporation

      9. 6.2.9 Saab AB


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Frequently Asked Questions

The Sea Skimmer Missile Market market is studied from 2018 - 2027.

The Sea Skimmer Missile Market is growing at a CAGR of >4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

MBDA, Saab AB, Israel Aerospace Industries Ltd., Northrop Grumman Corporation, Raytheon Company are the major companies operating in Sea Skimmer Missile Market.

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