The Precision-Guided Market is expected to be around US$ 2.25 Billion by 2028 at a CAGR of 4% in the given forecast period.
The increasing requirement for highly precise strike ammunition, increasing asymmetric warfare, geopolitical conflicts and rising programs for military modernization are few of the key factors which are compelling the growth of precision-guided munitions industry. Several nations emphasize on increasing their R&D expenditure and initiating programs to develop portable, lightweight and effectual precision guns of the next generation. The rising use of satellite networks, navigation aids, and drones to pull down high-value, long-distance objectives and demand for miniaturized guns are few other leading factors stimulating the demand for precision guided munitions. Moreover, the autonomous precision guided munitions are equipped with high-resolution cameras and electro-optical which help in identifying and guiding the car towards the target. It is projected that the surging demand for multi-target precision strike, multi-mission guns will enhance market growth over the forecast period.
The global Precision-Guided market is segregated on the basis of Product as Tactical Missile, Guided Rockets, Guided Ammunition and Loitering Munition. Based on Technology the global Precision-Guided market is segmented in Infrared, Semi-Active Lasers, Inertial Navigation System (INS), Global Positioning System (GPS), Radar Homing, Anti-Radiation and Others.
The global Precision-Guided market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Precision-Guided market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Aerojet Rocketdyne, BAE System, Bharat Dynamics Limited, Boeing, China North Industries Corporation (Norinco), Denel Dynamics, Elbit Systems Ltd., General Dynamics Corporation, Hanwha Corporation, Israel Aerospace Industries, and others are among the major players in the global Precision-Guided market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Precision-Guided Market has been segmented as below:
Precision-Guided Market, By Product
Precision-Guided Market, By Technology
Precision-Guided Market, By Region
Precision-Guided Market, By Company
The report covers:
Report Scope:
The global Precision-Guided market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Precision-Guided market share. Major industry players with significant revenue share include Aerojet Rocketdyne, BAE System, Bharat Dynamics Limited, Boeing, China North Industries Corporation (Norinco), Denel Dynamics, Elbit Systems Ltd., General Dynamics Corporation, Hanwha Corporation, Israel Aerospace Industries, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter’s Five Force Analysis
5. Precision-Guided Market, By Product
5.1. Introduction
5.2. Tactical Missile
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Guided Rockets
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Guided Ammunition
5.4.1. Market Overview
5.4.2. Market Size and Forecast
5.5. Loitering Munition
5.5.1. Market Overview
5.5.2. Market Size and Forecast
6. Precision-Guided Market, By Technology
6.1. Introduction
6.2. Infrared
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Semi-Active Lasers
6.3.1. Market Overview
6.3.2. Market Size and Forecast
6.4. Inertial Navigation System (INS)
6.4.1. Market Overview
6.4.2. Market Size and Forecast
6.5. Global Positioning System (GPS)
6.5.1. Market Overview
6.5.2. Market Size and Forecast
6.6. Radar Homing
6.6.1. Market Overview
6.6.2. Market Size and Forecast
6.7. Energy & Power
6.7.1. Market Overview
6.7.2. Market Size and Forecast
6.8. Anti-Radiation
6.8.1. Market Overview
6.8.2. Market Size and Forecast
6.9. Others
6.9.1. Market Overview
6.9.2. Market Size and Forecast
7. Precision-Guided Market, By Geography
7.1. Introduction
7.2. North America
7.2.1. North America Precision-Guided, By Product
7.2.2. North America Precision-Guided, By Technology
7.3. Europe
7.3.1. Europe Precision-Guided, By Product
7.3.2. Europe Precision-Guided, By Technology
7.4. Asia-Pacific
7.4.1. Asia-Pacific Precision-Guided, By Product
7.4.2. Asia-Pacific Precision-Guided, By Technology
7.5. Rest of the World
7.5.1. Rest of the World Precision-Guided, By Product
7.5.2. Rest of the World Precision-Guided, By Technology
8. Competitive Insights
8.1. Key Insights
8.2. Company Market Share Analysis
8.3. Strategic Outlook
8.3.1. Mergers & Acquisitions
8.3.2. New Product Developments
8.3.3. Portfolio/Production Capacity Expansions
8.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5. Others
9. Company Profiles
9.1. Aerojet Rocketdyne
9.1.1. Company Overview
9.1.2. Product/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. BAE System
9.2.1. Company Overview
9.2.2. Product/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. Bharat Dynamics Limited
9.3.1. Company Overview
9.3.2. Product/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. Boeing
9.4.1. Company Overview
9.4.2. Product/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. China North Industries Corporation (Norinco)
9.5.1. Company Overview
9.5.2. Product/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
9.6. Denel Dynamics
9.6.1. Company Overview
9.6.2. Product/Service Landscape
9.6.3. Financial Overview
9.6.4. Recent Developments
9.7. Elbit Systems Ltd.
9.7.1. Company Overview
9.7.2. Product/Service Landscape
9.7.3. Financial Overview
9.7.4. Recent Developments
9.8. General Dynamics Corporation
9.8.1. Company Overview
9.8.2. Product/Service Landscape
9.8.3. Financial Overview
9.8.4. Recent Developments
9.9. Hanwha Corporation
9.9.1. Company Overview
9.9.2. Product/Service Landscape
9.9.3. Financial Overview
9.9.4. Recent Developments
9.10. Israel Aerospace Industries
9.10.1. Company Overview
9.10.2. Product/Service Landscape
9.10.3. Financial Overview
9.10.4. Recent Developments
9.11. KBP Instrument Design Bureau
9.11.1. Company Overview
9.11.2. Product/Service Landscape
9.11.3. Financial Overview
9.11.4. Recent Developments
9.12. Kongsberg
9.12.1. Company Overview
9.12.2. Product/Service Landscape
9.12.3. Financial Overview
9.12.4. Recent Developments
9.13. L3Harris Technologies Inc.
9.13.1. Company Overview
9.13.2. Product/Service Landscape
9.13.3. Financial Overview
9.13.4. Recent Developments
9.14. Leonardo S.p.A.
9.14.1. Company Overview
9.14.2. Product/Service Landscape
9.14.3. Financial Overview
9.14.4. Recent Developments
9.15. LIG Nex 1
9.15.1. Company Overview
9.15.2. Product/Service Landscape
9.15.3. Financial Overview
9.15.4. Recent Developments
The Precision-Guided Market has been segmented as below:
Precision-Guided Market, By Product
Precision-Guided Market, By Technology
Precision-Guided Market, By Region
Precision-Guided Market, By Company
