Precision Guided Munition Market Size At Around US$ 60 Bn In 2030

The precision guided munition market would grow at a CAGR of 6.51% over the predicted time frame. The market is expected to increase in value from US$ 36.21 Bn in 2022 to US$ 60 Bn in 2030.

The on precision guided munition Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.

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Report Scope of the Precision Guided Munition Market

Report Coverage	Details
Market Size by 2030	USD 60 Billion
Growth Rate from 2022 to 2030	CAGR of 6.51%
Asia Pacific Market Share in 2021	30%
GPS Segment Market Share in 2021	31%
Base Year	2021
Forecast Period	2022 to 2030
Segments Covered	Product, Technology, Speed, Mode of Operation, Launch Platform, Geography

A recent report provides crucial insights along with application based and forecast information in the Global Precision guided munition Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Precision guided munition market.

A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.

Companies and Manufacturers Covered

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Precision guided munition market are included as given below:

Precision guided munition Market Key Players

• L3 Technologies Inc.
• Lockheed Martin Corporation
• Raytheon Company
• Textron, Inc.
• Northrop Grumman Corporation
• BAE Systems Plc
• Denel Dynamics
• General Dynamics Corporation
• Hanwha Group
• Israel Aerospace Industries (IAI) Ltd.

Market Segments

 By Product

• Tactical Missiles
• Guided Rockets
• Guided Ammunition
• Torpedoes
• Loitering Munitions

By Technology

• Infrared
• Semi-Active Lasers
• Inertial Navigation System (INS)
• Global Positioning System (GPS)
• Radar Homing
• Anti-Radiation
• Others

By Speed

• Subsonic
• Supersonic
• Hypersonic

By Mode of Operation

• Autonomous
• Semi-autonomous

By Launch Platform

• Land
• Airborne
• Naval

 By Geography

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Malaysia
• Philippines
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• GCC
• North Africa
• South Africa
• Rest of the Middle East & Africa

Report Objectives

• To define, describe, and forecast the global precision guided munition market based on product, and region
• To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
• To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
• To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
• To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
• To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the precision guided munition market

Table of Content

 Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Precision Guided Munition Market 

5.1. COVID-19 Landscape: Precision Guided Munition Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Precision Guided Munition Market, By Product

8.1. Precision Guided Munition Market, by Product, 2022-2030

8.1.1. Tactical Missiles

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Guided Rockets

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Guided Ammunition

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Torpedoes

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Loitering Munitions

8.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Precision Guided Munition Market, By Technology

9.1. Precision Guided Munition Market, by Technology, 2022-2030

9.1.1. Infrared

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Semi-Active Lasers

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Inertial Navigation System (INS)

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Global Positioning System (GPS)

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Radar Homing

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.5. Anti-Radiation

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Precision Guided Munition Market, By Speed 

10.1. Precision Guided Munition Market, by Speed, 2022-2030

10.1.1. Subsonic

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Supersonic

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Hypersonic

10.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Precision Guided Munition Market, By Mode of Operation

11.1. Precision Guided Munition Market, by Mode of Operation, 2022-2030

11.1.1. Autonomous

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Semi-autonomous

11.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Precision Guided Munition Market, By Launch Platform

12.1. Precision Guided Munition Market, by Launch Platform, 2022-2030

12.1.1. Land

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Airborne

12.1.2.1. Market Revenue and Forecast (2017-2030)

12.1.3. Naval

12.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Precision Guided Munition Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Product (2017-2030)

13.1.2. Market Revenue and Forecast, by Technology (2017-2030)

13.1.3. Market Revenue and Forecast, by Speed (2017-2030)

13.1.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.1.5. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.1.6.2. Market Revenue and Forecast, by Technology (2017-2030)

13.1.6.3. Market Revenue and Forecast, by Speed (2017-2030)

13.1.6.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.1.7. Market Revenue and Forecast, by Launch Platform (2017-2030) 

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.1.8.2. Market Revenue and Forecast, by Technology (2017-2030)

13.1.8.3. Market Revenue and Forecast, by Speed (2017-2030)

13.1.8.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.1.8.5. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.2. Market Revenue and Forecast, by Technology (2017-2030)

13.2.3. Market Revenue and Forecast, by Speed (2017-2030)

13.2.4. Market Revenue and Forecast, by Mode of Operation (2017-2030) 

13.2.5. Market Revenue and Forecast, by Launch Platform (2017-2030) 

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.6.2. Market Revenue and Forecast, by Technology (2017-2030)

13.2.6.3. Market Revenue and Forecast, by Speed (2017-2030)

13.2.7. Market Revenue and Forecast, by Mode of Operation (2017-2030) 

13.2.8. Market Revenue and Forecast, by Launch Platform (2017-2030) 

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.9.2. Market Revenue and Forecast, by Technology (2017-2030)

13.2.9.3. Market Revenue and Forecast, by Speed (2017-2030)

13.2.10. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.2.11. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.12.2. Market Revenue and Forecast, by Technology (2017-2030)

13.2.12.3. Market Revenue and Forecast, by Speed (2017-2030)

13.2.12.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.2.13. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.14.2. Market Revenue and Forecast, by Technology (2017-2030)

13.2.14.3. Market Revenue and Forecast, by Speed (2017-2030)

13.2.14.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.2.15. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.2. Market Revenue and Forecast, by Technology (2017-2030)

13.3.3. Market Revenue and Forecast, by Speed (2017-2030)

13.3.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.3.5. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.6.2. Market Revenue and Forecast, by Technology (2017-2030)

13.3.6.3. Market Revenue and Forecast, by Speed (2017-2030)

13.3.6.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.3.7. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.8.2. Market Revenue and Forecast, by Technology (2017-2030)

13.3.8.3. Market Revenue and Forecast, by Speed (2017-2030)

13.3.8.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.3.9. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.10.2. Market Revenue and Forecast, by Technology (2017-2030)

13.3.10.3. Market Revenue and Forecast, by Speed (2017-2030)

13.3.10.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.3.10.5. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.11.2. Market Revenue and Forecast, by Technology (2017-2030)

13.3.11.3. Market Revenue and Forecast, by Speed (2017-2030)

13.3.11.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.3.11.5. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.2. Market Revenue and Forecast, by Technology (2017-2030)

13.4.3. Market Revenue and Forecast, by Speed (2017-2030)

13.4.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.4.5. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.6.2. Market Revenue and Forecast, by Technology (2017-2030)

13.4.6.3. Market Revenue and Forecast, by Speed (2017-2030)

13.4.6.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.4.7. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.8.2. Market Revenue and Forecast, by Technology (2017-2030)

13.4.8.3. Market Revenue and Forecast, by Speed (2017-2030)

13.4.8.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.4.9. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.10.2. Market Revenue and Forecast, by Technology (2017-2030)

13.4.10.3. Market Revenue and Forecast, by Speed (2017-2030)

13.4.10.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.4.10.5. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.11.2. Market Revenue and Forecast, by Technology (2017-2030)

13.4.11.3. Market Revenue and Forecast, by Speed (2017-2030)

13.4.11.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.4.11.5. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Product (2017-2030)

13.5.2. Market Revenue and Forecast, by Technology (2017-2030)

13.5.3. Market Revenue and Forecast, by Speed (2017-2030)

13.5.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.5.5. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.5.6.2. Market Revenue and Forecast, by Technology (2017-2030)

13.5.6.3. Market Revenue and Forecast, by Speed (2017-2030)

13.5.6.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.5.7. Market Revenue and Forecast, by Launch Platform (2017-2030)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.5.8.2. Market Revenue and Forecast, by Technology (2017-2030)

13.5.8.3. Market Revenue and Forecast, by Speed (2017-2030)

13.5.8.4. Market Revenue and Forecast, by Mode of Operation (2017-2030)

13.5.8.5. Market Revenue and Forecast, by Launch Platform (2017-2030)

Chapter 14. Company Profiles

14.1. L3 Technologies Inc.

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Lockheed Martin Corporation

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Raytheon Company

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Textron, Inc.

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Northrop Grumman Corporation

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. BAE Systems Plc

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Denel Dynamics

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. General Dynamics Corporation

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Hanwha Group

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Israel Aerospace Industries (IAI) Ltd.

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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