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Synopsis
Precision guided munitions refer to ammunition with high direct probability of using precision guidance technology.
The global Precision Guided Munition market was valued at US$ 26690 million in 2023 and is anticipated to reach US$ 39740 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
This report aims to provide a comprehensive presentation of the global market for Precision Guided Munition, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Precision Guided Munition.
Report Scope
The Precision Guided Munition market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Precision Guided Munition market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Precision Guided Munition companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company (Partial List)
- Lockheed Martin Corporation
- BAE Systems
- Raytheon
- Northrop Grumman
- Elbit Systems
- Saab AB
- General Dynamics
- Israel Aerospace Industries
- Rheinmetall AG
- LIG Nex1
- NORINCO
- Bharat Dynamics
Segment by Type
- Tactical Missiles
- Guided Rockets
- Guided Ammunition
- Loitering Munition
Segment by Application
- Infrared
- Semi-active lasers
- Radar homing
- Global Positioning System (GPS)
- Inertial Navigation System
- Anti-radiation
- Others
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Precision Guided Munition companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Precision Guided Munition Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Tactical Missiles
1.2.3 Guided Rockets
1.2.4 Guided Ammunition
1.2.5 Loitering Munition
1.3 Market by Application
1.3.1 Global Precision Guided Munition Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Infrared
1.3.3 Semi-active lasers
1.3.4 Radar homing
1.3.5 Global Positioning System (GPS)
1.3.6 Inertial Navigation System
1.3.7 Anti-radiation
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Precision Guided Munition Market Perspective (2019-2030)
2.2 Precision Guided Munition Growth Trends by Region
2.2.1 Global Precision Guided Munition Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Precision Guided Munition Historic Market Size by Region (2019-2024)
2.2.3 Precision Guided Munition Forecasted Market Size by Region (2025-2030)
2.3 Precision Guided Munition Market Dynamics
2.3.1 Precision Guided Munition Industry Trends
2.3.2 Precision Guided Munition Market Drivers
2.3.3 Precision Guided Munition Market Challenges
2.3.4 Precision Guided Munition Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Precision Guided Munition Players by Revenue
3.1.1 Global Top Precision Guided Munition Players by Revenue (2019-2024)
3.1.2 Global Precision Guided Munition Revenue Market Share by Players (2019-2024)
3.2 Global Precision Guided Munition Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Precision Guided Munition Revenue
3.4 Global Precision Guided Munition Market Concentration Ratio
3.4.1 Global Precision Guided Munition Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Precision Guided Munition Revenue in 2023
3.5 Precision Guided Munition Key Players Head office and Area Served
3.6 Key Players Precision Guided Munition Product Solution and Service
3.7 Date of Enter into Precision Guided Munition Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Precision Guided Munition Breakdown Data by Type
4.1 Global Precision Guided Munition Historic Market Size by Type (2019-2024)
4.2 Global Precision Guided Munition Forecasted Market Size by Type (2025-2030)
5 Precision Guided Munition Breakdown Data by Application
5.1 Global Precision Guided Munition Historic Market Size by Application (2019-2024)
5.2 Global Precision Guided Munition Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Precision Guided Munition Market Size (2019-2030)
6.2 North America Precision Guided Munition Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Precision Guided Munition Market Size by Country (2019-2024)
6.4 North America Precision Guided Munition Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Precision Guided Munition Market Size (2019-2030)
7.2 Europe Precision Guided Munition Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Precision Guided Munition Market Size by Country (2019-2024)
7.4 Europe Precision Guided Munition Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Precision Guided Munition Market Size (2019-2030)
8.2 Asia-Pacific Precision Guided Munition Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Precision Guided Munition Market Size by Region (2019-2024)
8.4 Asia-Pacific Precision Guided Munition Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Precision Guided Munition Market Size (2019-2030)
9.2 Latin America Precision Guided Munition Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Precision Guided Munition Market Size by Country (2019-2024)
9.4 Latin America Precision Guided Munition Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Precision Guided Munition Market Size (2019-2030)
10.2 Middle East & Africa Precision Guided Munition Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Precision Guided Munition Market Size by Country (2019-2024)
10.4 Middle East & Africa Precision Guided Munition Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Lockheed Martin Corporation
11.1.1 Lockheed Martin Corporation Company Detail
11.1.2 Lockheed Martin Corporation Business Overview
11.1.3 Lockheed Martin Corporation Precision Guided Munition Introduction
11.1.4 Lockheed Martin Corporation Revenue in Precision Guided Munition Business (2019-2024)
11.1.5 Lockheed Martin Corporation Recent Development
11.2 BAE Systems
11.2.1 BAE Systems Company Detail
11.2.2 BAE Systems Business Overview
11.2.3 BAE Systems Precision Guided Munition Introduction
11.2.4 BAE Systems Revenue in Precision Guided Munition Business (2019-2024)
11.2.5 BAE Systems Recent Development
11.3 Raytheon
11.3.1 Raytheon Company Detail
11.3.2 Raytheon Business Overview
11.3.3 Raytheon Precision Guided Munition Introduction
11.3.4 Raytheon Revenue in Precision Guided Munition Business (2019-2024)
11.3.5 Raytheon Recent Development
11.4 Northrop Grumman
11.4.1 Northrop Grumman Company Detail
11.4.2 Northrop Grumman Business Overview
11.4.3 Northrop Grumman Precision Guided Munition Introduction
11.4.4 Northrop Grumman Revenue in Precision Guided Munition Business (2019-2024)
11.4.5 Northrop Grumman Recent Development
11.5 Elbit Systems
11.5.1 Elbit Systems Company Detail
11.5.2 Elbit Systems Business Overview
11.5.3 Elbit Systems Precision Guided Munition Introduction
11.5.4 Elbit Systems Revenue in Precision Guided Munition Business (2019-2024)
11.5.5 Elbit Systems Recent Development
11.6 Saab AB
11.6.1 Saab AB Company Detail
11.6.2 Saab AB Business Overview
11.6.3 Saab AB Precision Guided Munition Introduction
11.6.4 Saab AB Revenue in Precision Guided Munition Business (2019-2024)
11.6.5 Saab AB Recent Development
11.7 General Dynamics
11.7.1 General Dynamics Company Detail
11.7.2 General Dynamics Business Overview
11.7.3 General Dynamics Precision Guided Munition Introduction
11.7.4 General Dynamics Revenue in Precision Guided Munition Business (2019-2024)
11.7.5 General Dynamics Recent Development
11.8 Israel Aerospace Industries
11.8.1 Israel Aerospace Industries Company Detail
11.8.2 Israel Aerospace Industries Business Overview
11.8.3 Israel Aerospace Industries Precision Guided Munition Introduction
11.8.4 Israel Aerospace Industries Revenue in Precision Guided Munition Business (2019-2024)
11.8.5 Israel Aerospace Industries Recent Development
11.9 Rheinmetall AG
11.9.1 Rheinmetall AG Company Detail
11.9.2 Rheinmetall AG Business Overview
11.9.3 Rheinmetall AG Precision Guided Munition Introduction
11.9.4 Rheinmetall AG Revenue in Precision Guided Munition Business (2019-2024)
11.9.5 Rheinmetall AG Recent Development
11.10 LIG Nex1
11.10.1 LIG Nex1 Company Detail
11.10.2 LIG Nex1 Business Overview
11.10.3 LIG Nex1 Precision Guided Munition Introduction
11.10.4 LIG Nex1 Revenue in Precision Guided Munition Business (2019-2024)
11.10.5 LIG Nex1 Recent Development
11.11 NORINCO
11.11.1 NORINCO Company Detail
11.11.2 NORINCO Business Overview
11.11.3 NORINCO Precision Guided Munition Introduction
11.11.4 NORINCO Revenue in Precision Guided Munition Business (2019-2024)
11.11.5 NORINCO Recent Development
11.12 Bharat Dynamics
11.12.1 Bharat Dynamics Company Detail
11.12.2 Bharat Dynamics Business Overview
11.12.3 Bharat Dynamics Precision Guided Munition Introduction
11.12.4 Bharat Dynamics Revenue in Precision Guided Munition Business (2019-2024)
11.12.5 Bharat Dynamics Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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