Precision Guided Munition Global Market Report 2025

Global Precision Guided Munition Market Report 2024

Precision Guided Munition Global Market Report 2025 – By Product (Tactical Missiles, Guided Rockets, Guided Ammunition, Torpedoes, Loitering Munitions), By Technology (Infrared, Semi Active Laser, Inertial Navigation System (INS), Global Positioning System (GPS), Radar Homing, Anti-Radiation), By Launch Platform (Land, Airborne, Naval), By Mode of Operation (Semi-Autonomous, Autonomous), By Speed (Subsonic, Supersonic, Hypersonic) – Market Size, Trends, And Global Forecast 2025-2034

Name: Precision Guided Munition Global Market Report 2025
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Precision Guided Munition Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Precision Guided Munition Global Market Report 2024

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Precision Guided Munition Market Definition

A precision-guided munition is a guided weapon that detects electromagnetic energy reflected from a target to destroy a point target and minimize collateral damage. These are guided using a global positioning system (GPS), a laser guidance beam, or an integrated inertial navigation system.

The main types of products in the precision-guided munition category are tactical missiles, guided rockets, guided ammunition, torpedoes and loitering munitions. Tactical missiles are shorter-ranged weapons designed for use in close combat areas. These operate at various speeds, such as subsonic, supersonic and hypersonic. The different modes of operation include semi-autonomous and autonomous and involve several technologies such as infrared, semi-active laser, inertial navigation system (INS), a global positioning system (GPS), radar homing and anti-radiation. It is also segmented by launch platform into land, airborne and naval.

Precision Guided Munition Market Segmentation

The precision guided munition market covered in this report is segmented –

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

Subsegments:

1) By Tactical Missiles: Air-to-Ground Missiles, Surface-to-Air Missiles, Anti-Ship Missiles, Anti-Tank Missiles

2) By Guided Rockets: Surface-Launched Rockets, Air-Launched Rockets

3) By Guided Ammunition: Precision-Guided Artillery Shells, Guided Mortar Rounds, Smart Bombs

4) By Torpedoes: Lightweight Torpedoes, Heavyweight Torpedoes

5) By Loitering Munitions: Fixed-Wing Loitering Munitions, Rotary-Wing Loitering Munitions

Precision Guided Munition Market Size and growth rate 2025 to 2029: Graph

Precision Guided Munition Market Size 2025 And Growth Rate

The precision guided munition market size has grown rapidly in recent years. It will grow from $39.07 billion in 2024 to $43.12 billion in 2025 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to military modernization and the need for accuracy, expansion of defense budgets, advancements in targeting and guidance technology, growth in global conflicts and counterterrorism efforts, demand for reduced collateral damage.

Precision Guided Munition Market Growth Forecast

The precision guided munition market size is expected to see strong growth in the next few years. It will grow to $63.1 billion in 2029 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to integration of artificial intelligence for precision, growth in asymmetric warfare and counter-insurgency, customized munitions for specific mission needs, expansion in unmanned aerial vehicle (uav) warfare, increased use in maritime and naval operations. Major trends in the forecast period include smart munitions with enhanced target recognition, regulatory standards for precision munition deployment, electromagnetic and cyber warfare integration, miniaturization and increased loiter time of munitions, modular munition systems for multi-role capabilities.

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Precision Guided Munition Market Driver: Increase In Military Expenditure Drives The Precision-Guided Munition Market

The increase in military expenditure is significantly driving the growth of the precision-guided munition market. The military refers to the armed forces of any country that help maintain peace and stability in the country. Military expenditure is more focused on military modernization programs and the increase in the need for precision-guided munition to minimize collateral damage and increase lethality against the target, thereby promoting the adoption of precision-guided munition. For instance, according to The House of Commons Library, the UK-based library and information resource of the lower house of the British Parliament, in the 2023/24 financial year, the UK allocated £54.2 billion ($68.8 billion) for defense spending. This amount is projected to increase to £57.1 billion (70.74 billion) in 2024/25, reflecting a 4.5% rise in real terms. Therefore, increasing military expenditure is expected to propel the growth of the precision-guided munition market.

Precision Guided Munition Market Driver: Demand For Military Modernization Programs In The Precision-Guided Munition Market

Increasing demand for military modernization programs is expected to propel the growth of the precision-guided munition market going forward. Military modernization programs refer to the projects announced by governments to replace outdated equipment with more effective equipment that is more lethal and can attack, neutralize, suppress and destroy targets with indirect fires delivered by missiles. Military modernization programs help the army upgrade and transform critical elements, develop precision-guided missiles and provide training and instruction to the crew to operate more sophisticated weapons. Precision-guided munitions offer the technological advancements required to meet these objectives, making them a vital component of modern military arsenals. For instance, in September 2023, the US Army announced the subsequent phases for the enhanced dedication of the M1E3 Abrams Main Battle Tank. The Army will build M1E3 Abrams, which will concentrate on making the capability upgrades required to combat and win against future threats on the battlefield of 2040 and beyond and close out the M1A2 System Enhancement Package version 4 effort. Therefore, increasing demand for military modernization programs is expected to propel the growth of the precision-guided munition market.

Global Precision Guided Munition Market Major Players

Major companies operating in the precision guided munition market include Northrop Grumman Corporation, Lockheed Martin Corporation, The Boeing Company, BAE Systems plc, General Dynamics Corporation, Thales Group, L3Harris Technologies Inc., Leonardo S.p.A., Elbit Systems Ltd., Saab AB, Israel Aerospace Industries Ltd., Rheinmetall AG, Bharat Dynamics Limited, Denel Dynamics a division of Denel SOC Ltd., LIG Nex 1 Co. Ltd., Rafael Advanced Defense Systems Ltd., Kongsberg Gruppen ASA, Roketsan A.S., China Aerospace Science and Industry Corporation, China North Industries Group Corporation Limited, Hanwha Defense Co. Ltd., Taurus Systems GmbH, Diehl Defence GmbH & Co. KG, Nexter Systems S.A., Raytheon Technologies Corporation, Aerojet Rocketdyne Holdings Inc., Precision Guided Solutions LLC, Textron Inc.

Global Precision Guided Munition Market Trend: Technological Innovation Propels The Precision-Guided Munition Market

Major companies operating in the precision-guided munition sector are focused on developing new technological solutions, such as guided high-explosive ammunition, to meet end-customer demands and strengthen their market position. Guided high-explosive ammunition is munition equipped with precision guidance systems that enable it to target and strike specific objectives, minimizing collateral damage while delivering a high-explosive payload accurately and selectively. For instance, in October 2023, Northrop Grumman Corporation, a US-based aerospace and defense company, was given a contract by the US Navy to develop its recently developed 57mm guided high explosive ammunition. The company will test and mature the munition in preparation for qualification, with an eye toward using it with the Mk110 Naval Gun Mount.

Global Precision Guided Munition Market Trend: Strategic Partnerships And Collaborations In Precision-Guided Munition Market

Strategic partnerships and collaborations have emerged as a key trend in the precision-guided munition market. Key players operating in the precision-guided munition market are focusing on partnerships and collaborations to improve efficiency, expand value propositions, use skills and abilities of other companies, improve leadership skills and extend their growth in new areas. For instance, in November 2023, General Atomics Aeronautical Systems, Inc., a US-based company, partnered with EDGE, a UAE-based defense and technology conglomerate specializing in advanced systems and solutions for the military and aerospace sectors. for defense and beyond, to integrate EDGE's smart weapons onto GA-ASI’s MQ-9B SkyGuardian RPA. The collaboration, unveiled at the Dubai Airshow, will focus on incorporating precision-guided munition (PGM) and guided-glide weapon (GGW) solutions from EDGE onto the MQ-9B SkyGuardian.

Precision Guided Munition Market Merger And Acquisition: EDGE Group Enhances Defense Capabilities In Brazil Through Strategic Stake Acquisition

In October 2023, EDGE Group, a UAE-based defense and technology conglomerate, acquired 50% stake in Brazilian Missile House for an undisclosed amount. This strategic acquisition is designed to strengthen EDGE's footprint in the Latin American defense market, with a particular emphasis on Brazil, by prioritizing the development of cutting-edge high-tech defense systems. Brazilian Missile House is a Brazil-based defense contractor specializing in missile systems and aerospace technology.

Regional Outlook For The Global Precision Guided Munition Market

Asia-Pacific was the largest region in the precision-guided munition market in 2024. The regions covered in the precision guided munition market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the precision guided munition market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

What Defines the Precision Guided Munition Market?

The precision-guided munition market consists of sales of autonomous long range artillery munition, loitering munitions, aircraft self-protection missile and digital guided missiles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Precision Guided Munition Industry?

The precision-guided munition market research report is one of a series of new reports from The Business Research Company that provides precision-guided munition market statistics, including precision-guided munition industry global market size, regional shares, competitors with a precision-guided munition market share, detailed precision-guided munition market segments, market trends and opportunities and any further data you may need to thrive in the precision-guided munition industry. This precision-guided munition market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Precision Guided Munition Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$43.12 billion
Revenue Forecast In 2034	$63.1 billion
Growth Rate	CAGR of 10.0% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	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 Subsegments: 1) By Tactical Missiles: Air-to-Ground Missiles, Surface-to-Air Missiles, Anti-Ship Missiles, Anti-Tank Missiles 2) By Guided Rockets: Surface-Launched Rockets, Air-Launched Rockets 3) By Guided Ammunition: Precision-Guided Artillery Shells, Guided Mortar Rounds, Smart Bombs 4) By Torpedoes: Lightweight Torpedoes, Heavyweight Torpedoes 5) By Loitering Munitions: Fixed-Wing Loitering Munitions, Rotary-Wing Loitering Munitions
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Northrop Grumman Corporation, Lockheed Martin Corporation, The Boeing Company, BAE Systems plc, General Dynamics Corporation, Thales Group, L3Harris Technologies Inc., Leonardo S.p.A., Elbit Systems Ltd., Saab AB, Israel Aerospace Industries Ltd., Rheinmetall AG, Bharat Dynamics Limited, Denel Dynamics a division of Denel SOC Ltd., LIG Nex 1 Co. Ltd., Rafael Advanced Defense Systems Ltd., Kongsberg Gruppen ASA, Roketsan A.S., China Aerospace Science and Industry Corporation, China North Industries Group Corporation Limited, Hanwha Defense Co. Ltd., Taurus Systems GmbH, Diehl Defence GmbH & Co. KG, Nexter Systems S.A., Raytheon Technologies Corporation, Aerojet Rocketdyne Holdings Inc., Precision Guided Solutions LLC, Textron Inc.
Customization Scope	Request for Sample
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1. Executive Summary

2. Precision Guided Munition Market Characteristics

3. Precision Guided Munition Market Trends And Strategies

4. Precision Guided Munition Market- Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Precision Guided Munition Growth Analysis And Strategic Analysis Framework

5.1. Global Precision Guided Munition PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Precision Guided Munition Market Growth Rate Analysis

5.4. Global Precision Guided Munition Historic Market Size and Growth, 2019- 2024, Value ($ Billion)

5.5. Global Precision Guided Munition Forecast Market Size and Growth, 2024- 2029, 2034F, Value ($ Billion)

5.6. Global Precision Guided Munition Total Addressable Market (TAM)

6. Precision Guided Munition Market Segmentation

6.1. Global Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Tactical Missiles

Guided Rockets

Guided Ammunition

Torpedoes

Loitering Munitions

6.2. Global Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Infrared

Semi Active Laser

Inertial Navigation System (INS)

Global Positioning System (GPS)

Radar Homing

Anti-Radiation

6.3. Global Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Land

Airborne

Naval

6.4. Global Precision Guided Munition Market, Segmentation By Mode Of Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Semi-Autonomous

Automonous

6.5. Global Precision Guided Munition Market, Segmentation By Speed, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Subsonic

Supersonic

Hypersonic

6.6. Global Precision Guided Munition Market, Sub-Segmentation Of Tactical Missiles, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Air-to-Ground Missiles

Surface-to-Air Missiles

Anti-Ship Missiles

Anti-Tank Missiles

6.7. Global Precision Guided Munition Market, Sub-Segmentation Of Guided Rockets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Surface-Launched Rockets

Air-Launched Rockets

6.8. Global Precision Guided Munition Market, Sub-Segmentation Of Guided Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Precision-Guided Artillery Shells

Guided Mortar Rounds

Smart Bombs

6.9. Global Precision Guided Munition Market, Sub-Segmentation Of Torpedoes, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Lightweight Torpedoes

Heavyweight Torpedoes

6.10. Global Precision Guided Munition Market, Sub-Segmentation Of Loitering Munitions, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Fixed-Wing Loitering Munitions

Rotary-Wing Loitering Munitions

7. Precision Guided Munition Market Regional And Country Analysis

7.1. Global Precision Guided Munition Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Precision Guided Munition Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Precision Guided Munition Market

8.1. Asia-Pacific Precision Guided Munition Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Precision Guided Munition Market

9.1. China Precision Guided Munition Market Overview

9.2. China Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Precision Guided Munition Market

10.1. India Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Precision Guided Munition Market

11.1. Japan Precision Guided Munition Market Overview

11.2. Japan Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Precision Guided Munition Market

12.1. Australia Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Precision Guided Munition Market

13.1. Indonesia Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Precision Guided Munition Market

14.1. South Korea Precision Guided Munition Market Overview

14.2. South Korea Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Precision Guided Munition Market

15.1. Western Europe Precision Guided Munition Market Overview

15.2. Western Europe Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Precision Guided Munition Market

16.1. UK Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Precision Guided Munition Market

17.1. Germany Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Precision Guided Munition Market

18.1. France Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Precision Guided Munition Market

19.1. Italy Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Precision Guided Munition Market

20.1. Spain Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Precision Guided Munition Market

21.1. Eastern Europe Precision Guided Munition Market Overview

21.2. Eastern Europe Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Precision Guided Munition Market

22.1. Russia Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Precision Guided Munition Market

23.1. North America Precision Guided Munition Market Overview

23.2. North America Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Precision Guided Munition Market

24.1. USA Precision Guided Munition Market Overview

24.2. USA Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Precision Guided Munition Market

25.1. Canada Precision Guided Munition Market Overview

25.2. Canada Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Precision Guided Munition Market

26.1. South America Precision Guided Munition Market Overview

26.2. South America Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Precision Guided Munition Market

27.1. Brazil Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Precision Guided Munition Market

28.1. Middle East Precision Guided Munition Market Overview

28.2. Middle East Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Precision Guided Munition Market

29.1. Africa Precision Guided Munition Market Overview

29.2. Africa Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Precision Guided Munition Market Competitive Landscape And Company Profiles

30.1. Precision Guided Munition Market Competitive Landscape

30.2. Precision Guided Munition Market Company Profiles

30.2.1. Northrop Grumman Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Lockheed Martin Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.3. The Boeing Company Overview, Products and Services, Strategy and Financial Analysis

30.2.4. BAE Systems plc Overview, Products and Services, Strategy and Financial Analysis

30.2.5. General Dynamics Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Precision Guided Munition Market Other Major And Innovative Companies

31.1. Thales Group

31.2. L3Harris Technologies Inc.

31.3. Leonardo S.p.A.

31.4. Elbit Systems Ltd.

31.5. Saab AB

31.6. Israel Aerospace Industries Ltd.

31.7. Rheinmetall AG

31.8. Bharat Dynamics Limited

31.9. Denel Dynamics a division of Denel SOC Ltd.

31.10. LIG Nex 1 Co. Ltd.

31.11. Rafael Advanced Defense Systems Ltd.

31.12. Kongsberg Gruppen ASA

31.13. Roketsan A.S.

31.14. China Aerospace Science and Industry Corporation

31.15. China North Industries Group Corporation Limited

32. Global Precision Guided Munition Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Precision Guided Munition Market

34. Recent Developments In The Precision Guided Munition Market

35. Precision Guided Munition Market High Potential Countries, Segments and Strategies

35.1 Precision Guided Munition Market In 2029- Countries Offering Most New Opportunities

35.2 Precision Guided Munition Market In 2029- Segments Offering Most New Opportunities

35.3 Precision Guided Munition Market In 2029- Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Precision Guided Munition Market, Segmentation By Mode Of Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Precision Guided Munition Market, Segmentation By Speed, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Precision Guided Munition Market, Sub-Segmentation Of Tactical Missiles, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Precision Guided Munition Market, Sub-Segmentation Of Guided Rockets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Precision Guided Munition Market, Sub-Segmentation Of Guided Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Precision Guided Munition Market, Sub-Segmentation Of Torpedoes, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Precision Guided Munition Market, Sub-Segmentation Of Loitering Munitions, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Global Precision Guided Munition Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Global Precision Guided Munition Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: Asia-Pacific, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: Asia-Pacific, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: China, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: China, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: India, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: India, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Japan, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Japan, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Australia, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Australia, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: Indonesia, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: Indonesia, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: South Korea, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: South Korea, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: Western Europe, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: Western Europe, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: UK, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: UK, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: Germany, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: Germany, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: France, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: France, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Italy, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Italy, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Spain, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Spain, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Eastern Europe, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Eastern Europe, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: Russia, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: Russia, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: North America, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: North America, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: USA, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: USA, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: Canada, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: Canada, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: South America, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: South America, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Brazil, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Brazil, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Middle East, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Middle East, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Africa, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 80: Africa, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 81: Northrop Grumman Corporation Financial Performance

Table 82: Lockheed Martin Corporation Financial Performance

Table 83: The Boeing Company Financial Performance

Table 84: BAE Systems plc Financial Performance

Table 85: General Dynamics Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Precision Guided Munition Market, Segmentation By Mode Of Operation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Precision Guided Munition Market, Segmentation By Speed, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Precision Guided Munition Market, Sub-Segmentation Of Tactical Missiles, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Precision Guided Munition Market, Sub-Segmentation Of Guided Rockets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Precision Guided Munition Market, Sub-Segmentation Of Guided Ammunition, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Precision Guided Munition Market, Sub-Segmentation Of Torpedoes, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Precision Guided Munition Market, Sub-Segmentation Of Loitering Munitions, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Global Precision Guided Munition Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Global Precision Guided Munition Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: Asia-Pacific, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: Asia-Pacific, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: China, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: China, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: India, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: India, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Japan, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Japan, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Australia, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Australia, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: Indonesia, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: Indonesia, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: South Korea, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: South Korea, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: Western Europe, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: Western Europe, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: UK, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: UK, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: Germany, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: Germany, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: France, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: France, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Italy, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Italy, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Spain, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Spain, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Eastern Europe, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Eastern Europe, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: Russia, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: Russia, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: North America, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: North America, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: USA, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: USA, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: Canada, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: Canada, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: South America, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: South America, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Brazil, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Brazil, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Middle East, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Middle East, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Precision Guided Munition Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Africa, Precision Guided Munition Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 80: Africa, Precision Guided Munition Market, Segmentation By Launch Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 81: Northrop Grumman Corporation Financial Performance

Figure 82: Lockheed Martin Corporation Financial Performance

Figure 83: The Boeing Company Financial Performance

Figure 84: BAE Systems plc Financial Performance

Figure 85: General Dynamics Corporation Financial Performance

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Autonomous Military Weapons Global Market Report 2025 – By Type (Autonomous, Semi-autonomous), By Product ( Missiles, Rockets, Guided Bombs, Target Pods, Others), By Platform (Land, Airborne, Naval) – Market Size, Trends, And Global Forecast 2025-2034

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Laser Weapon Systems Global Market Report 2025 – By Product (Laser Designator, Lidar, 3d Laser Scanning, Laser Range Finder, Ring Laser Gyro, Laser Altimeter), By Technology (Solid State Laser, Chemical Laser, Free Electron Laser, Chemical Oxygen Iodine Laser, Tactical High Energy Laser, Others), By Application (Air Based, Ground Based, Sea Based) – Market Size, Trends, And Global Forecast 2025-2034

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Precision Medicine Global Market Report 2025 – By Technology (Big Data Analytics, Bioinformatics, Gene Sequencing, Drug Discovery, Companion Diagnostics, Other Technology), By Application (Oncology, Respiratory Diseases, Central Nervous System Disorders, Immunology, Genetic Diseases, Other Applications.), By End-Use (Pharmaceutical Companies, Diagnostic Companies, Healthcare And IT Firms, Others) – Market Size, Trends, And Global Forecast 2025-2034

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Precision Farming Global Market Report 2025 – By Offering (Hardware, Software, Services), By Technology (Guidance Technology, Remote Sensing Technology, Variable Rate Application), By Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Irrigation Management, Inventory Management, Farm Labor Management, Other Applications) – Market Size, Trends, And Global Forecast 2025-2034

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Smart Weapons Global Market Report 2025 – By Type (Air-to-ground Missiles, Surface-to-air Missiles, Smart Bombs, Sensor Fused Weapons, Directed Energy Weapons, Precision Artillery Munitions, Electromagnetic Pulse Weapons, Smart Bullets, Other Smart Weapons), By Platform (Air, Naval, Land), By Technology (Laser Guidance, Infrared Guidance, Radar Guidance, Satellite Guidance) – Market Size, Trends, And Global Forecast 2025-2034

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Shoulder Fired Weapons Global Market Report 2025 – By Type (Guided, Unguided), By Component (Launcher, Ammunition), By Application (Defense, Home Security, Others) – Market Size, Trends, And Global Forecast 2025-2034

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Aerospace And Defense Global Market Report 2025 – By Type (Aerospace, Defense), By Operation (Autonomous, Manual), By Component (Weapon System, Fire Control System, Command and Control System, Other Components) – Market Size, Trends, And Global Forecast 2025-2034

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Frequently Asked Questions

What is the definition of the precision guided munition market?

How will the precision guided munition market drivers and restraints affect the precision guided munition market dynamics? What forces will shape the precision guided munition industry going forward?

The precision guided munition market major growth driver - Increase In Military Expenditure Drives The Precision-Guided Munition Market. For further insights on the precision guided munition market, request a sample here

What is the forecast market size or the forecast market value of the precision guided munition market?

The precision guided munition market size has grown rapidly in recent years. It will grow from $39.07 billion in 2024 to $43.12 billion in 2025 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to military modernization and the need for accuracy, expansion of defense budgets, advancements in targeting and guidance technology, growth in global conflicts and counterterrorism efforts, demand for reduced collateral damage. The precision guided munition market size is expected to see strong growth in the next few years. It will grow to $63.1 billion in 2029 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to integration of artificial intelligence for precision, growth in asymmetric warfare and counter-insurgency, customized munitions for specific mission needs, expansion in unmanned aerial vehicle (uav) warfare, increased use in maritime and naval operations. Major trends in the forecast period include smart munitions with enhanced target recognition, regulatory standards for precision munition deployment, electromagnetic and cyber warfare integration, miniaturization and increased loiter time of munitions, modular munition systems for multi-role capabilities. For further insights on the precision guided munition market, request a sample here

How is the precision guided munition market segmented?

The precision guided munition market is segmented
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 Subsegments:
1) By Tactical Missiles: Air-to-Ground Missiles, Surface-to-Air Missiles, Anti-Ship Missiles, Anti-Tank Missiles
2) By Guided Rockets: Surface-Launched Rockets, Air-Launched Rockets
3) By Guided Ammunition: Precision-Guided Artillery Shells, Guided Mortar Rounds, Smart Bombs
4) By Torpedoes: Lightweight Torpedoes, Heavyweight Torpedoes
5) By Loitering Munitions: Fixed-Wing Loitering Munitions, Rotary-Wing Loitering MunitionsFor further insights on the precision guided munition market, request a sample here

Which region has the largest share of the precision guided munition market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the precision-guided munition market in 2024. The regions covered in the precision guided munition market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the precision guided munition market, request a sample here.

Who are the major players in the precision guided munition market?

What are the key trends in the precision guided munition market?

Major trend in the precision guided munition market - Technological Innovation Propels The Precision-Guided Munition Market. For further insights on the precision guided munition market, request a sample here.

What are the major opportunities in the precision guided munition market? What are the strategies for the precision guided munition market?

For detailed insights on the major opportunities and strategies in the precision guided munition market, request a sample here.

How does the precision guided munition market relate to the overall economy and other similar markets?

For detailed insights on precision guided munition market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the precision guided munition industry?

For detailed insights on the mergers and acquisitions in the precision guided munition industry, request a sample here.

What are the key dynamics influencing the precision guided munition market growth? SWOT analysis of the precision guided munition market.

For detailed insights on the key dynamics influencing the precision guided munition market growth and SWOT analysis of the precision guided munition industry, request a sample here.