Global Precision Guided Munition Market Size, Status and Forecast 2020-2026

Precision guided munitions refer to ammunition with high direct probability of using precision guidance technology.
Market Analysis and Insights: Global Precision Guided Munition Market
In 2019, the global Precision Guided Munition market size was US$ 26000 million and it is expected to reach US$ 37700 million by the end of 2026, with a CAGR of 5.4% during 2021-2026.
Global Precision Guided Munition Scope and Market Size
Precision Guided Munition market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Precision Guided Munition market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Precision Guided Munition market is segmented into Tactical Missiles, Guided Rockets, Guided Ammunition, Loitering Munition, etc.
Segment by Application, the Precision Guided Munition market is segmented into Infrared, Semi-active lasers, Radar homing, Global Positioning System (GPS), Inertial Navigation System, Anti-radiation, Others, etc.
Regional and Country-level Analysis
The Precision Guided Munition market is analysed and market size information is provided by regions (countries).
The key regions covered in the Precision Guided Munition market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Precision Guided Munition Market Share Analysis
Precision Guided Munition market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Precision Guided Munition business, the date to enter into the Precision Guided Munition market, Precision Guided Munition product introduction, recent developments, etc.
The major vendors include Lockheed Martin Corporation, BAE Systems, Raytheon, Northrop Grumman, Elbit Systems, Saab AB, General Dynamics, Israel Aerospace Industries, Rheinmetall AG, LIG Nex1, NORINCO, Bharat Dynamics, etc.

This report focuses on the global Precision Guided Munition status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Precision Guided Munition development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Lockheed Martin Corporation
BAE Systems
Raytheon
Northrop Grumman
Elbit Systems
Saab AB
General Dynamics
Israel Aerospace Industries
Rheinmetall AG
LIG Nex1
NORINCO
Bharat Dynamics

Market segment by Type, the product can be split into

Tactical Missiles
Guided Rockets
Guided Ammunition
Loitering Munition

Market segment by Application, split into

Infrared
Semi-active lasers
Radar homing
Global Positioning System (GPS)
Inertial Navigation System
Anti-radiation
Others

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Precision Guided Munition status, future forecast, growth opportunity, key market and key players.
To present the Precision Guided Munition development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Precision Guided Munition are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.