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Precision Guided Munition Market Size is Expected to Surpass Around US$ 60 Billion by 2030

The global precision guided munition market size is expected to reach USD 60 Billion by 2030, with a CAGR of 6.51% from 2022 to 2030.

[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global precision guided munition market was valued at around USD 34 billion in 2021 and is expected to register revenues worth USD 60 billion by the end of 2030, growing at an exceptional CAGR of approximately 6.51% between 2022 and 2030.

Precision Guided Munition

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Precision Guided Munition Market Report Scope

A recent study by Precedence Research on the precision guided munition market offers a forecast for 2022 and 2030. The study analyzes crucial trends that are currently determining the growth of the precision guided munition market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of precision guided munition. The study also provides the dynamics that are responsible for influencing the future status of the precision guided munition market over the forecast period.

A detailed assessment of the precision guided munition market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the precision guided munition market along with their product portfolio enhances the reliability of this comprehensive research study.

Competition Landscape

The report has engulfed a chapter on the global precision guided munition market’s competitive landscape, which provides detailed analysis and insights on companies offering precision guided munition. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

Read Also@ Savory Snacks Market Size to Worth Around US$ 390 Bn by 2030

Some of the Prominent Players in the Precision Guided Munition Market Include:
  • 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.
Precision Guided Munition Market Segmentation

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

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global precision guided munition market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the precision guided munition market.

The report includes country-wise and region-wise market size for the period 2022-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2022-2030.

Why should you invest in this report?

If you are aiming to enter the global precision guided munition market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for precision guided munition are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

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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From gauging investment feasibility to uncovering hidden growth opportunities, our market studies cover in-depth analysis, which also is interspersed with relevant statistics. Recommendation are often enclosed within our reports with the sole intent of enabling organizations achieve mission-critical success.

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Janet Edward

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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