Reports

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Precision Guided Munition Market: By Speed: Hypersonic, Non-Hypersonic; By Product: Tactical Missiles, Guided Rockets, Guided Ammunition, Loitering Munition; By Technology; By Type; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Precision Guided Munition Market Outlook

The global precision guided munition market attained a value of USD 29 billion in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 8.2% to reach USD 46.5 billion by 2026. The market is expected to be driven by the rising number of military modernisation programs.

 

Global Precision Guided Munition Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Properties and Applications

Precision guided munitions refer to a shell fitted with a missile, bombing or artillery terminal guidance device. It requires electrical equipment to direct the final stage until impact. Due to the remote laws of the cube that minimize the harmful impact of explosive weapons with distance, even minor precision changes allow an object to be targeted with fewer or smaller explosives.

 

Global Precision Guided Munition Market By Speed

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on speed, the market can be divided into:

  • Hypersonic 
  • Non-Hypersonic

The products can be divided into:

  • Tactical Missiles 
  • Guided Rockets 
  • Guided Ammunition 
  • Loitering Munition

The market can be broadly categorised based on technology into:

  • Infrared 
  • Semi-Active Lasers 
  • Inertial Navigation System (INS) 
  • Global Positioning System (GPS) 
  • Radar Homing 
  • Anti-Radiation 
  • Others

Based on type, the market is categorised into:

  • Autonomous 
  • Semi-Autonomous

The EMR report looks into the regional markets of precision guided munition like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Precision Guided Munition Market By Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Analysis

The rising demand for highly accurate strike ammunition, increased asymmetric warfare, geopolitical tensions, and the rising number of programmes are some of the main drivers of the expansion of the guided precise munitions industry. Most countries focus on increasing their R&D budgets and introducing projects to create the next-generation lightweight, compact, and effective precision weapons. The increasing use of satellite, navigational and drone networks to kill high-value, long-range targets, and the demand for miniature weapons are the key factors that fuel the demand for precision-guided munitions. Autonomous precision-guided munitions are equipped with high-resolution, electro-optical cameras, which help to identify as well as guide the car. The growing demand for multi-target accuracy and multi-mission weapons is expected to fuel the market growth during the forecast period. However, such weapons are limited in scope and have extremely complex guidelines that can prevent the global market from growing.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global precision guided munition market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • BAE Systems Plc 
  • Lockheed Martin Corporation (NYSE: LMT)
  • Raytheon Company 
  • Leonardo S.p.A 
  • Elbit Systems Ltd 
  • Saab AB 
  • The Boeing Company 
  • Hanwha Corp.
  • Others

The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Questions Answered in the Market Report

  • How has the global precision guided munition market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the industry for 2021-2026?
  • What are the major drivers of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major price indicators of the global precision guided munition industry?
  • What are the major demand indicators of the global industry?
  • Who are the key players in the global precision guided munition market?
  • What is the degree of competition in the global industry?
  • What are the major events and developments taking place within the global industry?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Precision Guided Munition Market Analysis
    6.1    Figure: Global Precision Guided Munition Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Chart: Global Precision Guided Munition Market Breakup by Speed 
        6.2.1    Hypersonic 
        6.2.2    Non-Hypersonic 
    6.3    Figure: Global Precision Guided Munition Market Breakup by Speed: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Hypersonic 
        6.3.2    Non-Hypersonic 
    6.4    Chart: Global Precision Guided Munition Market by Product
        6.4.1    Tactical Missiles 
        6.4.2    Guided Rockets 
        6.4.3    Guided Ammunition 
        6.4.4    Loitering Munition 
    6.5    Figure: Global Precision Guided Munition Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Tactical Missiles 
        6.5.2    Guided Rockets 
        6.5.3    Guided Ammunition 
        6.5.4    Loitering Munition 
    6.6    Chart: Global Precision Guided Munition Market Breakup by Technology
        6.6.1    Infrared 
        6.6.2    Semi-Active Lasers 
        6.6.3    Inertial Navigation System (INS) 
        6.6.4    Global Positioning System (GPS) 
        6.6.5    Radar Homing 
        6.6.6    Anti-Radiation 
        6.6.7    Others
    6.7    Figure: Global Precision Guided Munition Market Breakup by Technology: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    Infrared 
        6.7.2    Semi-Active Lasers 
        6.7.3    Inertial Navigation System (INS) 
        6.7.4    Global Positioning System (GPS) 
        6.7.5    Radar Homing 
        6.7.6    Anti-Radiation 
        6.7.7    Others
    6.8    Chart: Global Precision Guided Munition Market Breakup by Type
        6.8.1    Autonomous 
        6.8.2    Semi-Autonomous
    6.9    Figure: Global Precision Guided Munition Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.9.1    Autonomous 
        6.9.2    Semi-Autonomous
    6.10    Chart: Global Precision Guided Munition Market Breakup by Region
        6.10.1    North America
            6.10.1.1    United States of America
            6.10.1.2    Canada
        6.10.2    Europe
            6.10.2.1    Germany
            6.10.2.2    France
            6.10.2.3    United Kingdom
            6.10.2.4    Italy
            6.10.2.5    Others
        6.10.3    Asia Pacific
            6.10.3.1    China
            6.10.3.2    Japan
            6.10.3.3    India
            6.10.3.4    ASEAN
            6.10.3.5    Others
        6.10.4    Latin America
            6.10.4.1    Brazil
            6.10.4.2    Argentina
            6.10.4.3    Mexico
            6.10.4.4    Others
        6.10.5    Middle East and Africa
            6.10.5.1    Saudi Arabia
            6.10.5.2    United Arab Emirates
            6.10.5.3    Nigeria
            6.10.5.4    South Africa
            6.10.5.5    Others
    6.11     Figure: Global Precision Guided Munition Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.11.1    North America
            6.11.1.1    United States of America
            6.11.1.2    Canada
        6.11.2    Europe
            6.11.2.1    Germany
            6.11.2.2    France
            6.11.2.3    United Kingdom
            6.11.2.4    Italy
            6.11.2.5    Others
        6.11.3    Asia Pacific
            6.11.3.1    China
            6.11.3.2    Japan
            6.11.3.3    India
            6.11.3.4    ASEAN
            6.11.3.5    Others
        6.11.4    Latin America
            6.11.4.1    Brazil
            6.11.4.2    Argentina
            6.11.4.3    Mexico
            6.11.4.4    Others
        6.11.5    Middle East and Africa
            6.11.5.1    Saudi Arabia
            6.11.5.2    United Arab Emirates
            6.11.5.3    Nigeria
            6.11.5.4    South Africa
            6.11.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    EMR’s Key Indicators for Demand
10    EMR’s Key Indicators for Price
11    Competitive Landscape & Supplier Analysis

    11.1    BAE Systems Plc (LON: BA)
        11.1.1    Company Overview
        11.1.2    Financial Analysis 
    11.2    Lockheed Martin Corporation (NYSE: LMT)
        11.2.1    Company Overview
        11.2.2    Financial Analysis 
    11.3    Raytheon Company (NYSE: RTN)
        11.3.1    Company Overview
        11.3.2    Financial Analysis 
    11.4    Leonardo S.p.A (BIT: LDO)
        11.4.1    Company Overview
        11.4.2    Financial Analysis 
    11.5    Elbit Systems Ltd (TLV: ESLT)
        11.5.1    Company Overview
        11.5.2    Financial Analysis 
    11.6    Saab AB (STO: SAAB-B)
        11.6.1    Company Overview
        11.6.2    Financial Analysis 
    11.7    The Boeing Company (NYSE: BA)
        11.7.1    Company Overview
        11.7.2    Financial Analysis 
    11.8    Hanwha Corp. (KRX: 000880)
        11.8.1    Company Overview
        11.8.2    Financial Analysis 
    11.9    Others
12    IndustryEvents and Developments

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER