by According to Precedence Research, during the forecast period of 2022 to 2030, the global precision guided munition market is estimated to develop at a compound annual growth rate (CAGR) of 6.51%. The global precision guided munition market was valued at USD 34 billion in 2021, and it is predicted to exceed USD 60 billion by 2030. The study investigates several elements and their consequences on the growth of the precision guided munition market.
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This report focuses on precision guided munition market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall precision guided munition market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.
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 |
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
In-Depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of precision guided munition, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of precision guided munition has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the precision guided munition market.
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.
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Segments Covered in the Report
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]
Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- What value propositions should businesses aim at while making new research and development funding?
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
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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