by Precedence Research a new report on precision guided munition market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. The global precision guided munition market size was valued at US$ 34 billion in 2021. The global precision guided munition market is projected to reach US$ 60 billion by 2030, registering a compound annual growth rate (CAGR) of 6.51% during the forecast period from 2022 to 2030.
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The global precision guided munition market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2030. The report offers a detailed analysis and information as per precision guided munition, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
Precision Guided Munition Market Report Scope
| 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 |
The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
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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
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]
Key Questions are
- What are the key factors influencing the precision guided munition market in each region?
- How much value will the global market generate by the end of the forecast period?
- What will be the CAGR of the global market between 2022 and 2030?
- What would be the Y-o-Y growth trend of the global market between 2022 and 2030?
- What is the future scope and current trends in technologies of the global market?
- What is the revenue of the global market based on segments?
- Which key strategies are used by top players of the global market?
- Which are the leading companies in the global market?
- What are the essential strategies by key stakeholders in the market to expand their geographic presence?
- What are the major advancements witnessed in the global market?
Research Objectives and Research Approach
The comprehensive report on the global precision guided munition market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global precision guided munition market.
It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global precision guided munition market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2030 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.
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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