Global Precision Guided Munition Market Trend and Development Strategy Analysis 2023-2029
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Market Analysis and Insights: Global Precision Guided Munition Market
The global Precision Guided Munition market size in 2022 is XX million US dollars, and it is expected to be XX million US dollars by 2029, with a compound annual growth rate (CAGR) of 8.20% expected in 2023-2029.
Understanding Competitive Landscape:
The main players in the Precision Guided Munition market include BAE Systems Plc , Lockheed Martin Corporation , Leonardo S.p.A , Elbit Systems Ltd., and Hanwha Corporation. The share of the top 3 players in the Precision Guided Munition market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Precision Guided Munition market, and Asia Pacific accounted for XX%.
Segmentation Analysis of the Market:
The report segments the market by Type and Application. Tactical Missiles accounted for XX% of Precision Guided Munition market in 2022. Guided Rockets share of XX%.
Infrared accounted for XX% of the Precision Guided Munition market in 2022. Semi-Active Lasers accounts for XX%.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Precision Guided Munition market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Precision Guided Munition market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Precision Guided Munition market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Precision Guided Munition market.
Global Precision Guided Munition Scope and Market Size
Precision Guided Munition market is segmented by company, region (country), 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 impact of the outbreak of COVID-19 and the Russia-Ukraine War on the Precision Guided Munition industry is considered in the report, covering the dynamic analysis of the development of the Precision Guided Munition industry, including trends, technologies, opportunities, constraints. To ensure report buyers are able to gain in-depth knowledge of the market.
Automation in aerospace industry
Automation is currently being used in the aerospace industry to support the productivity of workers and reduce the need to perform repetitive tasks such as drilling and backfilling. However, as the demand for new aircraft continues to exceed the supply of manufacturing, the demand for automation is still great.
Automation can be used to improve safety, productivity and human value. Tools with built-in guidance, user information and better manageability can provide competitive advantages in cost saving and a better working environment. In some cases, dangerous steps can be fully automated to reduce workplace accidents and maintain production deadlines. In these cases, automation provides a control system or computer connected to the program, telling it to perform a series of tasks with little or no human intervention.
On The Basis of Regions, The Report Has Segmented the Market into The Following Key Regions:
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Egypt
South Africa
UAE
Turkey
Saudi Arabia
Key Players Driving the Market:
BAE Systems Plc
Lockheed Martin Corporation
Leonardo S.p.A
Elbit Systems Ltd.
Hanwha Corporation
The Boeing Company
Raytheon Technologies Corporation
Others
By Product Type, the market is primarily segmented into:
Tactical Missiles
Guided Rockets
Guided Ammunition
Loitering Munition
By Applications, the market is segmented into:
Infrared
Semi-Active Lasers
Inertial Navigation System (INS)
Global Positioning System (GPS)
Radar Homing
Anti-Radiation
Others
Table of Content
1 Precision Guided Munition Market Introduction and Overview
1.1 Precision Guided Munition Definition
1.2 Research Purposes
1.3 Report Timeline
1.4 Economic Analysis of Global Regions
1.5 Precision Guided Munition Industry Dynamic Analysis
1.5.1 Precision Guided Munition Market Trends Analysis
1.5.2 Precision Guided Munition Market Drivers Analysis
1.5.3 Precision Guided Munition Market Challenges Analysis
1.5.4 Precision Guided Munition Market Restraints Analysis
1.6 Inflation Analysis
1.7 The Impact of the Russian-Ukrainian War on the Market
1.8 Coronavirus Disease 2020 (COVID-19) Impact on Global
2 Global Precision Guided Munition Market Insights by Type
2.1 Market Size Insights by Types
2.2 Global Precision Guided Munition Revenue and Share by Type
2.3 Global Precision Guided Munition Sales and Share by Type
3 Global Precision Guided Munition Market Insights by Application
3.1 Market Size Insights by Application
3.2 Global Precision Guided Munition Revenue and Share by Application (2018-2023)
3.3 Global Precision Guided Munition Sales and Share by Application (2018-2023)
4 Global Market Growth Insights
4.1 Global Precision Guided Munition Market Size (2018-2023)
4.2 Precision Guided Munition Growth Insights by Regions
4.2.1 Precision Guided Munition Market Size by Regions: 2018 VS 2023 VS 2029
4.2.2 Precision Guided Munition Revenue Market Size by Regions (2018-2023)
4.2.3 Precision Guided Munition Sales Market Size by Regions (2018-2023)
4.2.4 North America Precision Guided Munition Market Size (2018-2023)
4.2.5 Europe Precision Guided Munition Market Size (2018-2023)
4.2.6 Asia-Pacific Precision Guided Munition Market Size (2018-2023)
4.2.7 Latin America Precision Guided Munition Market Size (2018-2023)
4.2.8 Middle East & Africa Precision Guided Munition Market Size (2018-2023)
5 North America
5.1 North America Precision Guided Munition Revenue by Countries
5.1.1 North America Precision Guided Munition Revenue by Countries (2018-2023)
5.1.2 North America Precision Guided Munition Sales by Countries (2018-2023)
5.2 North America PEST Analysis
5.3 United States
5.4 Canada
6 Asia Pacific
6.1 Asia Pacific Precision Guided Munition Revenue by Countries
6.1.1 Asia Pacific Precision Guided Munition Revenue by Countries (2018-2023)
6.1.2 Asia Pacific Precision Guided Munition Sales by Countries (2018-2023)
6.2 Asia-Pacific PEST Analysis
6.3 China
6.4 Japan
6.5 Korea
6.6 Southeast Asia
6.7 India
6.8 Australia
7 Europe
7.1 Europe Precision Guided Munition Revenue by Countries
7.1.1 Europe Precision Guided Munition Revenue by Countries (2018-2023)
7.1.2 Europe Precision Guided Munition Sales by Countries (2018-2023)
7.2 Europe PEST Analysis
7.3 Germany
7.4 France
7.5 UK
7.6 Italy
7.7 Russia
7.8 Spain
7.9 Nordic
8 Latin America
8.1 Latin America Precision Guided Munition Revenue by Countries
8.1.1 Latin America Precision Guided Munition Revenue by Countries (2018-2023)
8.1.2 Latin America Precision Guided Munition Sales by Countries (2018-2023)
8.2 Latin America PEST Analysis
8.3 Brazil
8.4 Argentina
8.5 Mexico
9 Middle East & Africa
9.1 Middle East & Africa Precision Guided Munition Revenue by Countries
9.1.1 Middle East & Africa Precision Guided Munition Revenue by Countries (2018-2023)
9.1.2 Middle East & Africa Precision Guided Munition Sales by Countries (2018-2023)
9.2 Middle East & Africa PEST Analysis
9.3 Egypt
9.4 South Africa
9.5 UAE
9.6 Turkey
9.7 Saudi Arabia
10 Global Precision Guided Munition Market Competition, by Players
10.1 Global Precision Guided Munition Revenue and Market Share by Players
10.2 Market Concentration Rate
10.2.1 Top 3 Precision Guided Munition Players Market Share in 2022
10.2.2 Top 6 Precision Guided Munition Players Market Share in 2022
10.2.3 Market Competition Trend
10.3 Precision Guided Munition Players Head Office, Business Provided
10.4 Precision Guided Munition Mergers & Acquisitions
10.5 Precision Guided Munition New Entrants and Expansion Plans
11 Players Profiles
11.1 BAE Systems Plc
11.1.1 BAE Systems Plc Company Profile
11.1.2 Precision Guided Munition Product Overview
11.1.3 BAE Systems Plc Precision Guided Munition Market Performance (2018-2023)
11.1.4 BAE Systems Plc Business Overview
11.1.5 Recent Developments and Plans
11.2 Lockheed Martin Corporation
11.2.1 Lockheed Martin Corporation Company Profile
11.2.2 Precision Guided Munition Product Overview
11.2.3 Lockheed Martin Corporation Precision Guided Munition Market Performance (2018-2023)
11.2.4 Lockheed Martin Corporation Business Overview
11.2.5 Recent Developments and Plans
11.3 Leonardo S.p.A
11.3.1 Leonardo S.p.A Company Profile
11.3.2 Precision Guided Munition Product Overview
11.3.3 Leonardo S.p.A Precision Guided Munition Market Performance (2018-2023)
11.3.4 Leonardo S.p.A Business Overview
11.3.5 Recent Developments and Plans
11.4 Elbit Systems Ltd.
11.4.1 Elbit Systems Ltd. Company Profile
11.4.2 Precision Guided Munition Product Overview
11.4.3 Elbit Systems Ltd. Precision Guided Munition Market Performance (2018-2023)
11.4.4 Elbit Systems Ltd. Business Overview
11.4.5 Recent Developments and Plans
11.5 Hanwha Corporation
11.5.1 Hanwha Corporation Company Profile
11.5.2 Precision Guided Munition Product Overview
11.5.3 Hanwha Corporation Precision Guided Munition Market Performance (2018-2023)
11.5.4 Hanwha Corporation Business Overview
11.5.5 Recent Developments and Plans
11.6 The Boeing Company
11.6.1 The Boeing Company Company Profile
11.6.2 Precision Guided Munition Product Overview
11.6.3 The Boeing Company Precision Guided Munition Market Performance (2018-2023)
11.6.4 The Boeing Company Business Overview
11.6.5 Recent Developments and Plans
11.7 Raytheon Technologies Corporation
11.7.1 Raytheon Technologies Corporation Company Profile
11.7.2 Precision Guided Munition Product Overview
11.7.3 Raytheon Technologies Corporation Precision Guided Munition Market Performance (2018-2023)
11.7.4 Raytheon Technologies Corporation Business Overview
11.7.5 Recent Developments and Plans
11.8 Others
11.8.1 Others Company Profile
11.8.2 Precision Guided Munition Product Overview
11.8.3 Others Precision Guided Munition Market Performance (2018-2023)
11.8.4 Others Business Overview
11.8.5 Recent Developments and Plans
12 Precision Guided Munition Manufacturing Cost Analysis
12.1 Precision Guided Munition Key Raw Materials Analysis
12.1.1 Key Raw Materials
12.1.2 Price Trend of Key Raw Materials
12.1.3 Key Suppliers of Raw Materials
12.2 Proportion of Manufacturing Cost Structure
12.2.1 Raw Materials
12.2.2 Labor Cost
12.2.3 Manufacturing Expenses
12.3 Manufacturing Process Analysis of Precision Guided Munition
12.4 Precision Guided Munition Industrial Chain Analysis
13 Market Channel, Distributors, Traders and Dealers
13.1 Market Channel Status
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.2 Precision Guided Munition Typical Distributors
13.3 Precision Guided Munition Typical Customers
14 Global Precision Guided Munition Forecast Market Insights by Type
14.1 Global Precision Guided Munition Revenue Market Forecast by Type (2023-2029)
14.2 Global Precision Guided Munition Sales Market Forecast by Type (2023-2029)
15 Global Precision Guided Munition Forecast Market Insights by Application
15.1 Precision Guided Munition Revenue Market Forecast by Application (2023-2029)
15.2 Precision Guided Munition Sales Market Forecast by Application (2023-2029)
16 Global Market Growth Forecast Insights
16.1 Global Precision Guided Munition Forecast Market Size (2023-2029)
16.2 Precision Guided Munition Growth Forecast Insights by Regions
16.2.1 Precision Guided Munition Revenue Forecast Market Size by Regions (2023-2029)
16.2.2 Precision Guided Munition Sales Forecast Market Size by Regions (2023-2029)
16.2.3 North America Precision Guided Munition Forecast Market Size (2023-2029)
16.2.4 Europe Precision Guided Munition Forecast Market Size (2023-2029)
16.2.5 Asia-Pacific Precision Guided Munition Forecast Market Size (2023-2029)
16.2.6 Latin America Precision Guided Munition Forecast Market Size (2023-2029)
16.2.7 Middle East & Africa Precision Guided Munition Forecast Market Size (2023-2029)
17 Research Findings and Conclusion
18 Methodology and Data Source
18.1 A Methodology
18.1.1 Research Process
18.1.2 Market Size Estimation
18.1.3 Market Breakdown and Data Triangulation
18.2 B Data Source
18.2.1 Legal Disclaimer
Tables & Figures:
List of Tables and Figures
Figure Precision Guided Munition Picture
Table Product Definition of Precision Guided Munition
Table Global Precision Guided Munition Market Size Growth Rate by Type, 2018 VS 2023 VS 2029
Table Global Precision Guided Munition Market Size Growth Rate by Application, 2018 VS 2023 VS 2029
Figure Years Considered
Table Inflation Analysis
Table The Impact of the Russian-Ukrainian War on the Market
Figure (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Global Precision Guided Munition Production by Players (2018-2023)
Table Global Precision Guided Munition Production Market Share by Players (2018-2023)
Figure Top 5 Largest Players of Precision Guided Munition in 2023
Figure Top 10 Largest Players of Precision Guided Munition in 2023
Table Global Precision Guided Munition Revenue by Players (2018-2023)
Table Global Precision Guided Munition Revenue Market Share by Players (2018-2023)
Figure Top 5 Largest Players of Precision Guided Munition in 2023
Figure Top 10 Largest Players of Precision Guided Munition in 2023
Table Global Precision Guided Munition Production Price by Players
Table Players Market Concentration Ratio (CR5)
Table Global Precision Guided Munition Players Geographical Distribution
Table Mergers & Acquisitions, Expansion Plans
Table Company Profiles
Table BAE Systems Plc Overview
Table BAE Systems Plc Production, Price, Value, Gross, Gross Margin 2018-2023
Table BAE Systems Plc Related Developments
Table Company Profiles
Table Lockheed Martin Corporation Overview
Table Lockheed Martin Corporation Production, Price, Value, Gross, Gross Margin 2018-2023
Table Lockheed Martin Corporation Related Developments
Table Company Profiles
Table Leonardo S.p.A Overview
Table Leonardo S.p.A Production, Price, Value, Gross, Gross Margin 2018-2023
Table Leonardo S.p.A Related Developments
Table Company Profiles
Table Elbit Systems Ltd. Overview
Table Elbit Systems Ltd. Production, Price, Value, Gross, Gross Margin 2018-2023
Table Elbit Systems Ltd. Related Developments
Table Company Profiles
Table Hanwha Corporation Overview
Table Hanwha Corporation Production, Price, Value, Gross, Gross Margin 2018-2023
Table Hanwha Corporation Related Developments
Table Company Profiles
Table The Boeing Company Overview
Table The Boeing Company Production, Price, Value, Gross, Gross Margin 2018-2023
Table The Boeing Company Related Developments
Table Company Profiles
Table Raytheon Technologies Corporation Overview
Table Raytheon Technologies Corporation Production, Price, Value, Gross, Gross Margin 2018-2023
Table Raytheon Technologies Corporation Related Developments
Table Company Profiles
Table Others Overview
Table Others Production, Price, Value, Gross, Gross Margin 2018-2023
Table Others Related Developments
Table Global Precision Guided Munition Production by Type (2018-2023)
Table Global Precision Guided Munition Production Share by Type (2018-2023)
Table Global Precision Guided Munition Forecasted Production by Type (2023-2029)
Table Global Precision Guided Munition Forecasted Production Share by Type (2023-2029)
Table Global Precision Guided Munition Value by Type (2018-2023)
Table Global Precision Guided Munition Value Share by Type (2018-2023)
Table Global Precision Guided Munition Forecasted Value by Type (2023-2029)
Table Global Precision Guided Munition Forecasted Value Share by Type (2023-2029)
Table Global Precision Guided Munition Price by Type (2018-2023)
Table Global Precision Guided Munition Price Forecast by Type (2023-2029)
Table Global Precision Guided Munition Consumption by Application (2018-2023)
Table Global Precision Guided Munition Consumption Share by Application (2018-2023)
Table Global Precision Guided Munition Forecasted Consumption by Application (2023-2029)
Table Global Precision Guided Munition Forecasted Consumption Share by Application (2023-2029)
Table Global Precision Guided Munition Revenue by Application (2018-2023)
Table Global Precision Guided Munition Revenue Share by Application (2018-2023)
Table Global Precision Guided Munition Forecasted Revenue by Application (2023-2029)
Table Global Precision Guided Munition Forecasted Revenue Share by Application (2023-2029)
Table Global Precision Guided Munition Price by Application (2018-2023)
Table Global Precision Guided Munition Price Forecast by Application (2023-2029)
Figure Global Precision Guided Munition Production (2018-2029)
Figure Global Precision Guided Munition Value (2018-2029)
Table Global Precision Guided Munition Production by Region: 2018 VS 2023 VS 2029
Table Global Precision Guided Munition Historic Production by Region (2018-2023)
Table Global Precision Guided Munition Historic Production Share by Region (2018-2023)
Table Global Precision Guided Munition Historic Value by Region (2018-2023)
Table Global Precision Guided Munition Historic Value Share by Region (2018-2023)
Table Global Precision Guided Munition Forecasted Production by Region (2023-2029)
Table Global Precision Guided Munition Forecasted Production Share by Region (2023-2029)
Table Global Precision Guided Munition Forecasted Value by Region (2023-2029)
Table Global Precision Guided Munition Forecasted Value Share by Region (2023-2029)
Figure North America Precision Guided Munition Production (2018-2029)
Figure North America Precision Guided Munition Value (2018-2029)
Table North America Production, Price, Value, Gross, Gross Margin 2018-2023
Table SWOT Analysis
Figure Europe Precision Guided Munition Production (2018-2029)
Figure Europe Precision Guided Munition Value (2018-2029)
Table Europe Production, Price, Value, Gross, Gross Margin 2018-2023
Table SWOT Analysis
Figure China Precision Guided Munition Production (2018-2029)
Figure China Precision Guided Munition Value (2018-2029)
Table China Production, Price, Value, Gross, Gross Margin 2018-2023
Table SWOT Analysis
Figure Japan Precision Guided Munition Production (2018-2029)
Figure Japan Precision Guided Munition Value (2018-2029)
Table Japan Production, Price, Value, Gross, Gross Margin 2018-2023
Table SWOT Analysis
Figure Global Precision Guided Munition Sales Estimates and Forecasts 2018-2029
Table Global Precision Guided Munition Sales by Region: 2018 VS 2023 VS 2029
Table Global Precision Guided Munition Sales by Region (2018-2023)
Table Global Precision Guided Munition Sales Share by Region (2018-2023)
Table Global Precision Guided Munition Sales by Region (2023-2029)
Table Global Precision Guided Munition Sales Share by Region (2023-2029)
Figure North America Precision Guided Munition Sales (2018-2029)
Table North America Precision Guided Munition Sales by Country (2018-2029)
Table North America Precision Guided Munition Sales Share by Country (2018-2029)
Figure United States Precision Guided Munition Sales Market Size (2018-2029)
Figure Canada Precision Guided Munition Sales Market Size (2018-2029)
Figure Europe Precision Guided Munition Sales (2018-2029)
Table Europe Precision Guided Munition Sales by Country (2018-2029)
Table Europe Precision Guided Munition Sales Share by Country (2018-2029)
Figure Germany Precision Guided Munition Sales Market Size (2018-2029)
Figure France Precision Guided Munition Sales Market Size (2018-2029)
Figure U.K. Precision Guided Munition Sales Market Size (2018-2029)
Figure Italy Precision Guided Munition Sales Market Size (2018-2029)
Figure Russia Precision Guided Munition Sales Market Size (2018-2029)
Figure Asia-Pacific Precision Guided Munition Sales (2018-2029)
Table Asia Pacific Precision Guided Munition Sales by Region (2018-2029)
Table Asia Pacific Precision Guided Munition Sales Share by Region (2018-2029)
Figure China Precision Guided Munition Sales Market Size (2018-2029)
Figure Japan Precision Guided Munition Sales Market Size (2018-2029)
Figure South Korea Precision Guided Munition Sales Market Size (2018-2029)
Figure India Precision Guided Munition Sales Market Size (2018-2029)
Figure Southeast Asia Precision Guided Munition Sales Market Size (2018-2029)
Figure Australia Precision Guided Munition Sales Market Size (2018-2029)
Figure Latin America Precision Guided Munition Sales (2018-2029)
Table Latin America Precision Guided Munition Sales by Country (2018-2029)
Table Latin America Precision Guided Munition Sales Share by Country (2018-2029)
Figure Mexico Precision Guided Munition Sales Market Size (2018-2029)
Figure Brazil Precision Guided Munition Sales Market Size (2018-2029)
Figure Middle East & Africa Precision Guided Munition Sales (2018-2029)
Table Middle East and Africa Precision Guided Munition Sales by Country (2018-2029)
Table Middle East and Africa Precision Guided Munition Sales Share by Country (2018-2029)
Figure Turkey Precision Guided Munition Sales Market Size (2018-2029)
Figure Saudi Arabia Precision Guided Munition Sales Market Size (2018-2029)
Figure U.A.E Precision Guided Munition Sales Market Size (2018-2029)
Table Raw Material
Table Raw Materials Key Suppliers
Figure Sales Channels
Table Major Distributors of Precision Guided Munition with Contact Information
Table Major Customers of Precision Guided Munition with Contact Information
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report
Research Methodology:
Global Precision Guided Munition Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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