Precision Guided Munition Market - Global Outlook and Forecast 2022-2028

March 2022 | 65 pages | ID: PD5DAE6E2680EN
Market Monitor Global

Abstracts

Precision guided munitions refer to ammunition with high direct probability of using precision guidance technology.

This report contains market size and forecasts of Precision Guided Munition in Global, including the following market information:

Global Precision Guided Munition Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Precision Guided Munition market was valued at 27470 million in 2021 and is projected to reach US$ 39080 million by 2028, at a CAGR of 5.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Tactical Missiles Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Precision Guided Munition include Lockheed Martin Corporation, BAE Systems, Raytheon, Northrop Grumman, Elbit Systems, Saab AB, General Dynamics, Israel Aerospace Industries and Rheinmetall AG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Precision Guided Munition companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Precision Guided Munition Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Precision Guided Munition Market Segment Percentages, by Type, 2021 (%)

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

Global Precision Guided Munition Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Precision Guided Munition Market Segment Percentages, by Application, 2021 (%)

• Infrared
• Semi-active lasers
• Radar homing
• Global Positioning System (GPS)
• Inertial Navigation System
• Anti-radiation
• Others

Global Precision Guided Munition Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Precision Guided Munition Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Precision Guided Munition revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Precision Guided Munition revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Lockheed Martin Corporation
• BAE Systems
• Raytheon
• Northrop Grumman
• Elbit Systems
• Saab AB
• General Dynamics
• Israel Aerospace Industries
• Rheinmetall AG
• LIG Nex1
• NORINCO
• Bharat Dynamics

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Precision Guided Munition Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Precision Guided Munition Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL PRECISION GUIDED MUNITION OVERALL MARKET SIZE

2.1 Global Precision Guided Munition Market Size: 2021 VS 2028
2.2 Global Precision Guided Munition Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Precision Guided Munition Players in Global Market
3.2 Top Global Precision Guided Munition Companies Ranked by Revenue
3.3 Global Precision Guided Munition Revenue by Companies
3.4 Top 3 and Top 5 Precision Guided Munition Companies in Global Market, by Revenue in 2021
3.5 Global Companies Precision Guided Munition Product Type
3.6 Tier 1, Tier 2 and Tier 3 Precision Guided Munition Players in Global Market
  3.6.1 List of Global Tier 1 Precision Guided Munition Companies
  3.6.2 List of Global Tier 2 and Tier 3 Precision Guided Munition Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Precision Guided Munition Market Size Markets, 2021 & 2028
  4.1.2 Tactical Missiles
  4.1.3 Guided Rockets
  4.1.4 Guided Ammunition
  4.1.5 Loitering Munition
4.2 By Type - Global Precision Guided Munition Revenue & Forecasts
  4.2.1 By Type - Global Precision Guided Munition Revenue, 2017-2022
  4.2.2 By Type - Global Precision Guided Munition Revenue, 2023-2028
  4.2.3 By Type - Global Precision Guided Munition Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Precision Guided Munition Market Size, 2021 & 2028
  5.1.2 Infrared
  5.1.3 Semi-active lasers
  5.1.4 Radar homing
  5.1.5 Global Positioning System (GPS)
  5.1.6 Inertial Navigation System
  5.1.7 Anti-radiation
  5.1.8 Others
5.2 By Application - Global Precision Guided Munition Revenue & Forecasts
  5.2.1 By Application - Global Precision Guided Munition Revenue, 2017-2022
  5.2.2 By Application - Global Precision Guided Munition Revenue, 2023-2028
  5.2.3 By Application - Global Precision Guided Munition Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Precision Guided Munition Market Size, 2021 & 2028
6.2 By Region - Global Precision Guided Munition Revenue & Forecasts
  6.2.1 By Region - Global Precision Guided Munition Revenue, 2017-2022
  6.2.2 By Region - Global Precision Guided Munition Revenue, 2023-2028
  6.2.3 By Region - Global Precision Guided Munition Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Precision Guided Munition Revenue, 2017-2028
  6.3.2 US Precision Guided Munition Market Size, 2017-2028
  6.3.3 Canada Precision Guided Munition Market Size, 2017-2028
  6.3.4 Mexico Precision Guided Munition Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Precision Guided Munition Revenue, 2017-2028
  6.4.2 Germany Precision Guided Munition Market Size, 2017-2028
  6.4.3 France Precision Guided Munition Market Size, 2017-2028
  6.4.4 U.K. Precision Guided Munition Market Size, 2017-2028
  6.4.5 Italy Precision Guided Munition Market Size, 2017-2028
  6.4.6 Russia Precision Guided Munition Market Size, 2017-2028
  6.4.7 Nordic Countries Precision Guided Munition Market Size, 2017-2028
  6.4.8 Benelux Precision Guided Munition Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Precision Guided Munition Revenue, 2017-2028
  6.5.2 China Precision Guided Munition Market Size, 2017-2028
  6.5.3 Japan Precision Guided Munition Market Size, 2017-2028
  6.5.4 South Korea Precision Guided Munition Market Size, 2017-2028
  6.5.5 Southeast Asia Precision Guided Munition Market Size, 2017-2028
  6.5.6 India Precision Guided Munition Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Precision Guided Munition Revenue, 2017-2028
  6.6.2 Brazil Precision Guided Munition Market Size, 2017-2028
  6.6.3 Argentina Precision Guided Munition Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Precision Guided Munition Revenue, 2017-2028
  6.7.2 Turkey Precision Guided Munition Market Size, 2017-2028
  6.7.3 Israel Precision Guided Munition Market Size, 2017-2028
  6.7.4 Saudi Arabia Precision Guided Munition Market Size, 2017-2028
  6.7.5 UAE Precision Guided Munition Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Lockheed Martin Corporation
  7.1.1 Lockheed Martin Corporation Corporate Summary
  7.1.2 Lockheed Martin Corporation Business Overview
  7.1.3 Lockheed Martin Corporation Precision Guided Munition Major Product Offerings
  7.1.4 Lockheed Martin Corporation Precision Guided Munition Revenue in Global Market (2017-2022)
  7.1.5 Lockheed Martin Corporation Key News
7.2 BAE Systems
  7.2.1 BAE Systems Corporate Summary
  7.2.2 BAE Systems Business Overview
  7.2.3 BAE Systems Precision Guided Munition Major Product Offerings
  7.2.4 BAE Systems Precision Guided Munition Revenue in Global Market (2017-2022)
  7.2.5 BAE Systems Key News
7.3 Raytheon
  7.3.1 Raytheon Corporate Summary
  7.3.2 Raytheon Business Overview
  7.3.3 Raytheon Precision Guided Munition Major Product Offerings
  7.3.4 Raytheon Precision Guided Munition Revenue in Global Market (2017-2022)
  7.3.5 Raytheon Key News
7.4 Northrop Grumman
  7.4.1 Northrop Grumman Corporate Summary
  7.4.2 Northrop Grumman Business Overview
  7.4.3 Northrop Grumman Precision Guided Munition Major Product Offerings
  7.4.4 Northrop Grumman Precision Guided Munition Revenue in Global Market (2017-2022)
  7.4.5 Northrop Grumman Key News
7.5 Elbit Systems
  7.5.1 Elbit Systems Corporate Summary
  7.5.2 Elbit Systems Business Overview
  7.5.3 Elbit Systems Precision Guided Munition Major Product Offerings
  7.5.4 Elbit Systems Precision Guided Munition Revenue in Global Market (2017-2022)
  7.5.5 Elbit Systems Key News
7.6 Saab AB
  7.6.1 Saab AB Corporate Summary
  7.6.2 Saab AB Business Overview
  7.6.3 Saab AB Precision Guided Munition Major Product Offerings
  7.6.4 Saab AB Precision Guided Munition Revenue in Global Market (2017-2022)
  7.6.5 Saab AB Key News
7.7 General Dynamics
  7.7.1 General Dynamics Corporate Summary
  7.7.2 General Dynamics Business Overview
  7.7.3 General Dynamics Precision Guided Munition Major Product Offerings
  7.7.4 General Dynamics Precision Guided Munition Revenue in Global Market (2017-2022)
  7.7.5 General Dynamics Key News
7.8 Israel Aerospace Industries
  7.8.1 Israel Aerospace Industries Corporate Summary
  7.8.2 Israel Aerospace Industries Business Overview
  7.8.3 Israel Aerospace Industries Precision Guided Munition Major Product Offerings
  7.8.4 Israel Aerospace Industries Precision Guided Munition Revenue in Global Market (2017-2022)
  7.8.5 Israel Aerospace Industries Key News
7.9 Rheinmetall AG
  7.9.1 Rheinmetall AG Corporate Summary
  7.9.2 Rheinmetall AG Business Overview
  7.9.3 Rheinmetall AG Precision Guided Munition Major Product Offerings
  7.9.4 Rheinmetall AG Precision Guided Munition Revenue in Global Market (2017-2022)
  7.9.5 Rheinmetall AG Key News
7.10 LIG Nex1
  7.10.1 LIG Nex1 Corporate Summary
  7.10.2 LIG Nex1 Business Overview
  7.10.3 LIG Nex1 Precision Guided Munition Major Product Offerings
  7.10.4 LIG Nex1 Precision Guided Munition Revenue in Global Market (2017-2022)
  7.10.5 LIG Nex1 Key News
7.11 NORINCO
  7.11.1 NORINCO Corporate Summary
  7.11.2 NORINCO Business Overview
  7.11.3 NORINCO Precision Guided Munition Major Product Offerings
  7.11.4 NORINCO Precision Guided Munition Revenue in Global Market (2017-2022)
  7.11.5 NORINCO Key News
7.12 Bharat Dynamics
  7.12.1 Bharat Dynamics Corporate Summary
  7.12.2 Bharat Dynamics Business Overview
  7.12.3 Bharat Dynamics Precision Guided Munition Major Product Offerings
  7.12.4 Bharat Dynamics Precision Guided Munition Revenue in Global Market (2017-2022)
  7.12.5 Bharat Dynamics Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Precision Guided Munition Market Opportunities & Trends in Global Market
Table 2. Precision Guided Munition Market Drivers in Global Market
Table 3. Precision Guided Munition Market Restraints in Global Market
Table 4. Key Players of Precision Guided Munition in Global Market
Table 5. Top Precision Guided Munition Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Precision Guided Munition Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Precision Guided Munition Revenue Share by Companies, 2017-2022
Table 8. Global Companies Precision Guided Munition Product Type
Table 9. List of Global Tier 1 Precision Guided Munition Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Precision Guided Munition Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Precision Guided Munition Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Precision Guided Munition Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Precision Guided Munition Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Precision Guided Munition Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Precision Guided Munition Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Precision Guided Munition Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Precision Guided Munition Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Precision Guided Munition Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Precision Guided Munition Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Precision Guided Munition Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Precision Guided Munition Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Precision Guided Munition Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Precision Guided Munition Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Precision Guided Munition Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Precision Guided Munition Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Precision Guided Munition Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Precision Guided Munition Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Precision Guided Munition Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Precision Guided Munition Revenue, (US$, Mn), 2023-2028
Table 30. Lockheed Martin Corporation Corporate Summary
Table 31. Lockheed Martin Corporation Precision Guided Munition Product Offerings
Table 32. Lockheed Martin Corporation Precision Guided Munition Revenue (US$, Mn), (2017-2022)
Table 33. BAE Systems Corporate Summary
Table 34. BAE Systems Precision Guided Munition Product Offerings
Table 35. BAE Systems Precision Guided Munition Revenue (US$, Mn), (2017-2022)
Table 36. Raytheon Corporate Summary
Table 37. Raytheon Precision Guided Munition Product Offerings
Table 38. Raytheon Precision Guided Munition Revenue (US$, Mn), (2017-2022)
Table 39. Northrop Grumman Corporate Summary
Table 40. Northrop Grumman Precision Guided Munition Product Offerings
Table 41. Northrop Grumman Precision Guided Munition Revenue (US$, Mn), (2017-2022)
Table 42. Elbit Systems Corporate Summary
Table 43. Elbit Systems Precision Guided Munition Product Offerings
Table 44. Elbit Systems Precision Guided Munition Revenue (US$, Mn), (2017-2022)
Table 45. Saab AB Corporate Summary
Table 46. Saab AB Precision Guided Munition Product Offerings
Table 47. Saab AB Precision Guided Munition Revenue (US$, Mn), (2017-2022)
Table 48. General Dynamics Corporate Summary
Table 49. General Dynamics Precision Guided Munition Product Offerings
Table 50. General Dynamics Precision Guided Munition Revenue (US$, Mn), (2017-2022)
Table 51. Israel Aerospace Industries Corporate Summary
Table 52. Israel Aerospace Industries Precision Guided Munition Product Offerings
Table 53. Israel Aerospace Industries Precision Guided Munition Revenue (US$, Mn), (2017-2022)
Table 54. Rheinmetall AG Corporate Summary
Table 55. Rheinmetall AG Precision Guided Munition Product Offerings
Table 56. Rheinmetall AG Precision Guided Munition Revenue (US$, Mn), (2017-2022)
Table 57. LIG Nex1 Corporate Summary
Table 58. LIG Nex1 Precision Guided Munition Product Offerings
Table 59. LIG Nex1 Precision Guided Munition Revenue (US$, Mn), (2017-2022)
Table 60. NORINCO Corporate Summary
Table 61. NORINCO Precision Guided Munition Product Offerings
Table 62. NORINCO Precision Guided Munition Revenue (US$, Mn), (2017-2022)
Table 63. Bharat Dynamics Corporate Summary
Table 64. Bharat Dynamics Precision Guided Munition Product Offerings
Table 65. Bharat Dynamics Precision Guided Munition Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Precision Guided Munition Segment by Type in 2021
Figure 2. Precision Guided Munition Segment by Application in 2021
Figure 3. Global Precision Guided Munition Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Precision Guided Munition Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Precision Guided Munition Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Precision Guided Munition Revenue in 2021
Figure 8. By Type - Global Precision Guided Munition Revenue Market Share, 2017-2028
Figure 9. By Application - Global Precision Guided Munition Revenue Market Share, 2017-2028
Figure 10. By Region - Global Precision Guided Munition Revenue Market Share, 2017-2028
Figure 11. By Country - North America Precision Guided Munition Revenue Market Share, 2017-2028
Figure 12. US Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Precision Guided Munition Revenue Market Share, 2017-2028
Figure 16. Germany Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 17. France Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Precision Guided Munition Revenue Market Share, 2017-2028
Figure 24. China Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 28. India Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Precision Guided Munition Revenue Market Share, 2017-2028
Figure 30. Brazil Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Precision Guided Munition Revenue Market Share, 2017-2028
Figure 33. Turkey Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Precision Guided Munition Revenue, (US$, Mn), 2017-2028
Figure 37. Lockheed Martin Corporation Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. BAE Systems Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Raytheon Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Northrop Grumman Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Elbit Systems Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Saab AB Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. General Dynamics Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Israel Aerospace Industries Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Rheinmetall AG Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. LIG Nex1 Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. NORINCO Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Bharat Dynamics Precision Guided Munition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)