The Asia Pacific within the global Missiles and Missile Defense Systems Market

Findings from various sources steadily indicate that, the Asia Pacific is expected to account for the largest share of the total global expenditure on missiles and missile defense systems, with a 53.1% share in 2017-2027.

One can easily observe that, high demand in the region is primarily driven by the expenditure on the sector by China, India, and South Korea. India and China are followed in terms of investment by South Korea which has been majorly spending on air and missile defense systems in light of North Korea's aggressive stance on developing nuclear weapons.