US Precision-guided Munitions (PGMs) Market - 2023-2031
The US Precision-guided Munitions (PGMs) Market was valued at US$ 6.23 billion in 2023 and is anticipated to reach US$ 9.82 billion by 2031, at a CAGR of 0.0585 from 2026 to 2032.
The report delivers in-depth insights into key market dynamics, including regional growth trends, market segmentation, CAGR projections, and the revenue performance of leading industry players. It also highlights major growth drivers shaping the market landscape. Designed to provide a clear and comprehensive perspective, the report offers a detailed view of the current market size in terms of both value and volume, along with emerging opportunities and the overall development outlook of the US Precision-guided Munitions (PGMs) Market.
This report delivers a comprehensive overview of the US Precision-guided Munitions (PGMs) Market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding US Precision-guided Munitions (PGMs) Market. The US Precision-guided Munitions (PGMs) Market size, estimates, and forecasts are provided in terms of output/shipments (K MT) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2023–2031.
US Precision-guided Munitions (PGMs) Market Scope:
By Type
This report delivers a comprehensive overview of the US Precision-guided Munitions (PGMs) Market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding US Precision-guided Munitions (PGMs) Market. The US Precision-guided Munitions (PGMs) Market size, estimates, and forecasts are provided in terms of output/shipments (K Sqm) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2023–2031.
This report will assist keyword manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
Regional Analysis:
The report delivers in-depth insights into key market dynamics, including regional growth trends, market segmentation, CAGR projections, and the revenue performance of leading industry players. It also highlights major growth drivers shaping the market landscape. Designed to provide a clear and comprehensive perspective, the report offers a detailed view of the current market size in terms of both value and volume, along with emerging opportunities and the overall development outlook of the US Precision-guided Munitions (PGMs) Market.
This report delivers a comprehensive overview of the US Precision-guided Munitions (PGMs) Market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding US Precision-guided Munitions (PGMs) Market. The US Precision-guided Munitions (PGMs) Market size, estimates, and forecasts are provided in terms of output/shipments (K MT) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2023–2031.
US Precision-guided Munitions (PGMs) Market Scope:
By Type
- Air-Launched Munitions
- Ground-Launched Munitions
- Naval-Launched Munitions
- Submarine-Launched Munitions
- GPS Guided
- Laser Guided
- Infrared Guided
- Electro-optical Guided
- Radar Guided
- Combination of Guidance Systems
- Unmanned Aerial Vehicles (UAVs)
- Ground Vehicles
- Naval Platforms
- Military
- Air Force
- Navy
- Others
- Anti-Aircraft
- Anti-Ship
- Anti-Tank
- Surface-to-Surface
- Precision Strikes
- Training Simulators
- Others
- Lockheed Martin Corporation
- Raytheon Technologies Corporation
- Northrop Grumman Corporation
- General Dynamics Corporation
- BAE Systems, Inc.
- L3Harris Technologies, Inc.
- Boeing Defense
- Space & Security
- Harris Corporation
- Textron Systems Corporation
This report delivers a comprehensive overview of the US Precision-guided Munitions (PGMs) Market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding US Precision-guided Munitions (PGMs) Market. The US Precision-guided Munitions (PGMs) Market size, estimates, and forecasts are provided in terms of output/shipments (K Sqm) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2023–2031.
This report will assist keyword manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
Regional Analysis:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
- South America (Colombia, Brazil, Argentina, Rest of South America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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1. METHODOLOGY AND SCOPE
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. DEFINITION AND OVERVIEW
3. EXECUTIVE SUMMARY
3.1. Snippet by Type
3.2. Snippet by Guidance System
3.3. Snippet by Platform
3.4. Snippet by End-User
3.5. Snippet by Application
4. DYNAMICS
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Advancing Precision and Affordability
4.1.1.2. Technological Advancements and Strategic Applications
4.1.1.3. Robust Defense Funding Driving the Precision-Guided Munitions Market
4.1.2. Restraints
4.1.2.1. Budgetary Constraints and Program Complexity
4.1.2.2. Regulations and Compliance
4.1.3. Opportunity
4.1.4. Impact Analysis
5. INDUSTRY ANALYSIS
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. DMI Opinion
6. BY TYPE
6.1. Introduction
6.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
6.1.2. Market Attractiveness Index, By Type
6.2. Air-Launched Munitions*
6.2.1. Introduction
6.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
6.3. Ground-Launched Munitions
6.4. Naval-Launched Munitions
6.5. Submarine-Launched Munitions
7. BY GUIDANCE SYSTEM
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Guidance System
7.1.2. Market Attractiveness Index, By Guidance System
7.2. GPS Guided*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Laser Guided
7.4. Infrared Guided
7.5. Electro-optical Guided
7.6. Radar Guided
7.7. Combination of Guidance Systems
8. BY PLATFORM
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Platform
8.1.2. Market Attractiveness Index, By Platform
8.2. Unmanned Aerial Vehicles (UAVs)*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Ground Vehicles
8.4. Naval Platforms
9. BY END-USER
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
9.1.2. Market Attractiveness Index, By End-User
9.2. Military*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Air Force
9.4. Navy
9.5. Others
10. BY APPLICATION
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.1.2. Market Attractiveness Index, By End-User
10.2. Anti-Aircraft*
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Anti-Ship
10.4. Anti-Tank
10.5. Surface-to-Surface
10.6. Precision Strikes
10.7. Training Simulators
10.8. Others
11. COMPETITIVE LANDSCAPE
11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis
12. COMPANY PROFILES
12.1. Lockheed Martin Corporation*
12.1.1. Company Overview
12.1.2. Product Portfolio and Description
12.1.3. Financial Overview
12.1.4. Key Developments
12.2. Raytheon Technologies Corporation
12.3. Northrop Grumman Corporation
12.4. General Dynamics Corporation
12.5. BAE Systems, Inc.
12.6. L3Harris Technologies, Inc.
12.7. Boeing Defense
12.8. Space & Security
12.9. Harris Corporation
12.10. Textron Systems Corporation (LIST NOT EXHAUSTIVE)
13. APPENDIX
13.1. About Us and Services
13.2. Contact Us
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. DEFINITION AND OVERVIEW
3. EXECUTIVE SUMMARY
3.1. Snippet by Type
3.2. Snippet by Guidance System
3.3. Snippet by Platform
3.4. Snippet by End-User
3.5. Snippet by Application
4. DYNAMICS
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Advancing Precision and Affordability
4.1.1.2. Technological Advancements and Strategic Applications
4.1.1.3. Robust Defense Funding Driving the Precision-Guided Munitions Market
4.1.2. Restraints
4.1.2.1. Budgetary Constraints and Program Complexity
4.1.2.2. Regulations and Compliance
4.1.3. Opportunity
4.1.4. Impact Analysis
5. INDUSTRY ANALYSIS
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. DMI Opinion
6. BY TYPE
6.1. Introduction
6.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
6.1.2. Market Attractiveness Index, By Type
6.2. Air-Launched Munitions*
6.2.1. Introduction
6.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
6.3. Ground-Launched Munitions
6.4. Naval-Launched Munitions
6.5. Submarine-Launched Munitions
7. BY GUIDANCE SYSTEM
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Guidance System
7.1.2. Market Attractiveness Index, By Guidance System
7.2. GPS Guided*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Laser Guided
7.4. Infrared Guided
7.5. Electro-optical Guided
7.6. Radar Guided
7.7. Combination of Guidance Systems
8. BY PLATFORM
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Platform
8.1.2. Market Attractiveness Index, By Platform
8.2. Unmanned Aerial Vehicles (UAVs)*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Ground Vehicles
8.4. Naval Platforms
9. BY END-USER
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
9.1.2. Market Attractiveness Index, By End-User
9.2. Military*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Air Force
9.4. Navy
9.5. Others
10. BY APPLICATION
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.1.2. Market Attractiveness Index, By End-User
10.2. Anti-Aircraft*
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Anti-Ship
10.4. Anti-Tank
10.5. Surface-to-Surface
10.6. Precision Strikes
10.7. Training Simulators
10.8. Others
11. COMPETITIVE LANDSCAPE
11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis
12. COMPANY PROFILES
12.1. Lockheed Martin Corporation*
12.1.1. Company Overview
12.1.2. Product Portfolio and Description
12.1.3. Financial Overview
12.1.4. Key Developments
12.2. Raytheon Technologies Corporation
12.3. Northrop Grumman Corporation
12.4. General Dynamics Corporation
12.5. BAE Systems, Inc.
12.6. L3Harris Technologies, Inc.
12.7. Boeing Defense
12.8. Space & Security
12.9. Harris Corporation
12.10. Textron Systems Corporation (LIST NOT EXHAUSTIVE)
13. APPENDIX
13.1. About Us and Services
13.2. Contact Us
