The Business Research Company’s Precision Guided Munition Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Precision Guided Munition Global Market Report 2023 evaluates precision guided munition market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global precision guided munition market size grew from $32.74 billion in 2022 to $36.87 billion in 2023 at a compound annual growth rate (CAGR) of 12.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The precision guided munition market size is expected to grow to $52.55 billion in 2027 at a CAGR of 9.3%.
The precision guided munition market segments in the report are:
1) By Product: Tactical Missiles, Guided Rockets, Guided Ammunition, Torpedoes, Loitering Munitions
2) By Technology: Infrared, Semi Active Laser, Inertial Navigation System (INS), Global Positioning System (GPS), Radar Homing, Anti-Radiation
3) By Launch Platform: Land, Airborne, Naval
4) By Mode of Operation: Semi-Autonomous, Autonomous
5) By Speed: Subsonic, Supersonic, Hypersonic
Top 5 Major Key Players
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The table of contents in TBRC’s precision guided munition market report includes:
- Executive Summary
- Precision Guided Munition Market Characteristics
- Precision Guided Munition Market Trends And Strategies
- Precision Guided Munition Market – Macro Economic Scenario
- Precision Guided Munition Market Size And Growth
…..
- Africa Precision Guided Munition Market
- Precision Guided Munition Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Precision Guided Munition Market
- Precision Guided Munition Market Future Outlook and Potential Analysis
- Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…..
Table 48: Northrop Grumman Financial Performance
Table 49: Lockheed Martin Corporation Financial Performance
Table 50: Boeing Financial Performance
Table 51: BAE Systems Financial Performance
Table 52: General Dynamics Corporation Financial Performance
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