Key Insights
The global guided munitions market, valued at $19.28 billion in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 5.76% from 2025 to 2033. This expansion is driven by several key factors. Increasing geopolitical instability and the ongoing demand for precision-guided weaponry are major contributors. The market is witnessing a significant shift towards advanced technologies, including satellite, radar, infrared, and laser guidance systems, enhancing accuracy and reducing collateral damage. Furthermore, the rising adoption of unmanned aerial vehicles (UAVs) and drones as platforms for delivering guided munitions fuels market growth. Government investments in defense modernization and technological upgrades across various regions are also substantial drivers. Segment-wise, the air-launched segment is expected to maintain a significant market share, primarily due to its strategic importance in modern warfare. Among end-users, the military segment is anticipated to dominate, given the substantial procurement budgets allocated by defense forces worldwide. Competition among major players like Lockheed Martin, Boeing, and General Dynamics, among others, is intensifying, fostering innovation and technological advancements within the sector.
Guided Munitions Market Market Size (In Billion)
However, the market faces certain restraints. The high cost of research and development for advanced guided munitions technology can limit adoption in certain regions or by smaller defense forces. Stricter regulations regarding the use and export of sophisticated weaponry can also constrain market growth in specific geographic locations. Technological advancements in defense systems are constantly evolving, demanding continuous investments and upgrades to maintain a competitive edge. This factor creates both opportunities and challenges for manufacturers, pushing them to innovate continuously to stay relevant in a rapidly evolving marketplace. Despite these challenges, the long-term outlook for the guided munitions market remains positive, driven by the sustained demand for precision-guided weapons and ongoing technological advancements. The focus on enhancing accuracy and minimizing civilian casualties is likely to further shape the future trajectory of this market.
Guided Munitions Market Company Market Share
Guided Munitions Market: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Guided Munitions Market, encompassing market dynamics, growth trends, regional dominance, product landscape, key players, and future outlook. The study period covers 2019-2033, with 2025 as the base and estimated year. The report segments the market by platform (Land, Sea, Air), end-user (Military, Law Enforcement), product (Missiles, Ammunition, Others), and technology (Satellite Guidance, Radar Guidance, Infrared Guidance, Laser Guidance). The market is valued at xx Million units in 2025 and is projected to reach xx Million units by 2033.
Guided Munitions Market Dynamics & Structure
The Guided Munitions Market is characterized by a moderately concentrated landscape, with key players such as General Dynamics Corporation, Lockheed Martin Corporation, and RTX Corporation holding significant market share. Technological innovation, particularly in precision-guided munitions and smart weapons, is a major driver. Stringent regulatory frameworks governing the production and export of these weapons influence market dynamics. The market also faces competition from less sophisticated, unguided munitions. The military sector is the dominant end-user, driven by increasing defense budgets globally and the demand for enhanced battlefield accuracy. M&A activity in the sector has been moderate, with a focus on technology acquisitions and expanding geographical reach. The total value of M&A deals in the past five years is estimated at xx Million units.
- Market Concentration: Moderately concentrated, with top 5 players holding approximately xx% market share.
- Technological Innovation: Focus on miniaturization, increased accuracy, and multi-mode guidance systems.
- Regulatory Framework: Stringent export controls and safety regulations influence market growth.
- Competitive Substitutes: Unguided munitions and conventional weaponry pose a competitive threat.
- End-User Demographics: Military sector dominance, with increasing demand from law enforcement agencies.
- M&A Trends: Moderate activity, emphasizing technology acquisitions and geographical expansion.
Guided Munitions Market Growth Trends & Insights
The Guided Munitions Market experienced substantial growth during the historical period (2019-2024), driven by rising defense spending globally and increasing demand for precision-guided weapons. The market is expected to maintain a steady Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). This growth is fueled by technological advancements, including the development of AI-powered targeting systems and autonomous munitions, alongside the increasing adoption of network-centric warfare strategies. Market penetration of guided munitions is expected to increase further in developing countries, driven by modernization of their armed forces. Consumer behavior reflects a preference for advanced features such as increased range, improved accuracy, and reduced collateral damage.
Dominant Regions, Countries, or Segments in Guided Munitions Market
The North American region, specifically the United States, dominates the Guided Munitions Market due to high defense spending and a robust domestic industry. The European Union and Asia-Pacific regions also hold substantial market share, driven by regional conflicts and the increasing need to modernize military capabilities. Within the segmentation, the Military end-user segment accounts for the largest share, followed by Air-launched platforms, and Infrared guidance technology.
- Key Drivers for North America: High defense budget, technological leadership, and strong domestic industry.
- Key Drivers for Europe: Regional geopolitical instability and modernization efforts.
- Key Drivers for Asia-Pacific: Rising defense budgets and military modernization programs.
- Dominant End-User: Military (xx% market share)
- Dominant Platform: Air (xx% market share)
- Dominant Technology: Infrared Guidance (xx% market share)
Guided Munitions Market Product Landscape
The Guided Munitions Market offers a diverse range of products, including precision-guided bombs, smart missiles, and guided artillery shells. Recent innovations focus on increasing range, accuracy, and lethality, along with incorporating advanced guidance systems and multi-mode seekers for improved target acquisition in diverse environments. Unique selling propositions include reduced collateral damage, enhanced target engagement capabilities, and improved operational effectiveness. Technological advancements include AI-driven targeting systems and autonomous weapon capabilities.
Key Drivers, Barriers & Challenges in Guided Munitions Market
Key Drivers: Increased defense spending, modernization of military forces, growing demand for precision-guided munitions, technological advancements in guidance systems, and rising geopolitical tensions.
Challenges: Stringent export controls, high development costs, potential supply chain disruptions, and ethical concerns surrounding autonomous weapon systems. These challenges can reduce market growth potential by an estimated xx% by 2033.
Emerging Opportunities in Guided Munitions Market
Emerging opportunities include the development of smaller, more affordable guided munitions for use by smaller military forces and law enforcement agencies. Innovation in guidance technologies (e.g., AI-driven targeting), development of new applications such as counter-drone capabilities, and increased focus on reducing collateral damage are also driving market opportunities.
Growth Accelerators in the Guided Munitions Market Industry
Technological advancements, especially in artificial intelligence (AI) and machine learning (ML) for target identification and autonomous navigation are key growth accelerators. Strategic partnerships between defense contractors and technology firms are leading to innovation. Market expansion into developing countries as they modernize their military capabilities, creates significant opportunities.
Key Players Shaping the Guided Munitions Market Market
Notable Milestones in Guided Munitions Market Sector
- March 2023: RTX Corporation received a USD 320 million contract for 1500 StormBreaker smart weapons, showcasing advancements in air-to-surface munitions.
- April 2023: Biofire's announcement of biometrically-secured smart guns highlights innovations in weapon safety and authorization.
In-Depth Guided Munitions Market Market Outlook
The Guided Munitions Market is poised for continued growth, driven by technological advancements, increased defense spending, and escalating geopolitical tensions. Strategic partnerships and technological breakthroughs in AI and autonomous systems will further shape market dynamics. The focus on precision and reduced collateral damage will drive demand for advanced guided munitions across various military and potentially civilian applications.
Guided Munitions Market Segmentation
-
1. Product
- 1.1. Missiles
- 1.2. Ammunition
- 1.3. Others
-
2. Technology
- 2.1. Satellite Guidance
- 2.2. Radar Guidance
- 2.3. Infrared Guidance
- 2.4. Laser Guidance
-
3. Platform
- 3.1. Land
- 3.2. Sea
- 3.3. Air
-
4. End-User
- 4.1. Law Enforcement
- 4.2. Military
Guided Munitions Market Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
-
2. Europe
- 2.1. United Kingdom
- 2.2. Germany
- 2.3. France
- 2.4. Rest of Europe
-
3. Asia Pacific
- 3.1. China
- 3.2. India
- 3.3. Japan
- 3.4. Rest of Asia Pacific
-
4. Latin America
- 4.1. Brazil
- 4.2. Mexico
- 4.3. Rest of Latin America
-
5. Middle East and Africa
- 5.1. United Arab Emirates
- 5.2. Saudi Arabia
- 5.3. Qatar
- 5.4. Rest of Middle East and Africa
Guided Munitions Market Regional Market Share
Geographic Coverage of Guided Munitions Market
Guided Munitions Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.76% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Restrains
- 3.4. Market Trends
- 3.4.1. Law Enforcement Segment is Anticipated to Grow with the Highest CAGR During the Forecast Period
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Guided Munitions Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Product
- 5.1.1. Missiles
- 5.1.2. Ammunition
- 5.1.3. Others
- 5.2. Market Analysis, Insights and Forecast - by Technology
- 5.2.1. Satellite Guidance
- 5.2.2. Radar Guidance
- 5.2.3. Infrared Guidance
- 5.2.4. Laser Guidance
- 5.3. Market Analysis, Insights and Forecast - by Platform
- 5.3.1. Land
- 5.3.2. Sea
- 5.3.3. Air
- 5.4. Market Analysis, Insights and Forecast - by End-User
- 5.4.1. Law Enforcement
- 5.4.2. Military
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America
- 5.5.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Product
- 6. North America Guided Munitions Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Product
- 6.1.1. Missiles
- 6.1.2. Ammunition
- 6.1.3. Others
- 6.2. Market Analysis, Insights and Forecast - by Technology
- 6.2.1. Satellite Guidance
- 6.2.2. Radar Guidance
- 6.2.3. Infrared Guidance
- 6.2.4. Laser Guidance
- 6.3. Market Analysis, Insights and Forecast - by Platform
- 6.3.1. Land
- 6.3.2. Sea
- 6.3.3. Air
- 6.4. Market Analysis, Insights and Forecast - by End-User
- 6.4.1. Law Enforcement
- 6.4.2. Military
- 6.1. Market Analysis, Insights and Forecast - by Product
- 7. Europe Guided Munitions Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Product
- 7.1.1. Missiles
- 7.1.2. Ammunition
- 7.1.3. Others
- 7.2. Market Analysis, Insights and Forecast - by Technology
- 7.2.1. Satellite Guidance
- 7.2.2. Radar Guidance
- 7.2.3. Infrared Guidance
- 7.2.4. Laser Guidance
- 7.3. Market Analysis, Insights and Forecast - by Platform
- 7.3.1. Land
- 7.3.2. Sea
- 7.3.3. Air
- 7.4. Market Analysis, Insights and Forecast - by End-User
- 7.4.1. Law Enforcement
- 7.4.2. Military
- 7.1. Market Analysis, Insights and Forecast - by Product
- 8. Asia Pacific Guided Munitions Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Product
- 8.1.1. Missiles
- 8.1.2. Ammunition
- 8.1.3. Others
- 8.2. Market Analysis, Insights and Forecast - by Technology
- 8.2.1. Satellite Guidance
- 8.2.2. Radar Guidance
- 8.2.3. Infrared Guidance
- 8.2.4. Laser Guidance
- 8.3. Market Analysis, Insights and Forecast - by Platform
- 8.3.1. Land
- 8.3.2. Sea
- 8.3.3. Air
- 8.4. Market Analysis, Insights and Forecast - by End-User
- 8.4.1. Law Enforcement
- 8.4.2. Military
- 8.1. Market Analysis, Insights and Forecast - by Product
- 9. Latin America Guided Munitions Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Product
- 9.1.1. Missiles
- 9.1.2. Ammunition
- 9.1.3. Others
- 9.2. Market Analysis, Insights and Forecast - by Technology
- 9.2.1. Satellite Guidance
- 9.2.2. Radar Guidance
- 9.2.3. Infrared Guidance
- 9.2.4. Laser Guidance
- 9.3. Market Analysis, Insights and Forecast - by Platform
- 9.3.1. Land
- 9.3.2. Sea
- 9.3.3. Air
- 9.4. Market Analysis, Insights and Forecast - by End-User
- 9.4.1. Law Enforcement
- 9.4.2. Military
- 9.1. Market Analysis, Insights and Forecast - by Product
- 10. Middle East and Africa Guided Munitions Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Product
- 10.1.1. Missiles
- 10.1.2. Ammunition
- 10.1.3. Others
- 10.2. Market Analysis, Insights and Forecast - by Technology
- 10.2.1. Satellite Guidance
- 10.2.2. Radar Guidance
- 10.2.3. Infrared Guidance
- 10.2.4. Laser Guidance
- 10.3. Market Analysis, Insights and Forecast - by Platform
- 10.3.1. Land
- 10.3.2. Sea
- 10.3.3. Air
- 10.4. Market Analysis, Insights and Forecast - by End-User
- 10.4.1. Law Enforcement
- 10.4.2. Military
- 10.1. Market Analysis, Insights and Forecast - by Product
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 General Dynamics Corporation
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Rheinmetall AG
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Lockheed Martin Corporation
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 MBDA
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Rafael Advanced Defense Systems Ltd
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 IAI
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 RTX Corporation
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Safra
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 BAE Systems plc
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Northrop Grumman Corporation
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 The Boeing Company
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.1 General Dynamics Corporation
List of Figures
- Figure 1: Global Guided Munitions Market Revenue Breakdown (Million, %) by Region 2025 & 2033
- Figure 2: North America Guided Munitions Market Revenue (Million), by Product 2025 & 2033
- Figure 3: North America Guided Munitions Market Revenue Share (%), by Product 2025 & 2033
- Figure 4: North America Guided Munitions Market Revenue (Million), by Technology 2025 & 2033
- Figure 5: North America Guided Munitions Market Revenue Share (%), by Technology 2025 & 2033
- Figure 6: North America Guided Munitions Market Revenue (Million), by Platform 2025 & 2033
- Figure 7: North America Guided Munitions Market Revenue Share (%), by Platform 2025 & 2033
- Figure 8: North America Guided Munitions Market Revenue (Million), by End-User 2025 & 2033
- Figure 9: North America Guided Munitions Market Revenue Share (%), by End-User 2025 & 2033
- Figure 10: North America Guided Munitions Market Revenue (Million), by Country 2025 & 2033
- Figure 11: North America Guided Munitions Market Revenue Share (%), by Country 2025 & 2033
- Figure 12: Europe Guided Munitions Market Revenue (Million), by Product 2025 & 2033
- Figure 13: Europe Guided Munitions Market Revenue Share (%), by Product 2025 & 2033
- Figure 14: Europe Guided Munitions Market Revenue (Million), by Technology 2025 & 2033
- Figure 15: Europe Guided Munitions Market Revenue Share (%), by Technology 2025 & 2033
- Figure 16: Europe Guided Munitions Market Revenue (Million), by Platform 2025 & 2033
- Figure 17: Europe Guided Munitions Market Revenue Share (%), by Platform 2025 & 2033
- Figure 18: Europe Guided Munitions Market Revenue (Million), by End-User 2025 & 2033
- Figure 19: Europe Guided Munitions Market Revenue Share (%), by End-User 2025 & 2033
- Figure 20: Europe Guided Munitions Market Revenue (Million), by Country 2025 & 2033
- Figure 21: Europe Guided Munitions Market Revenue Share (%), by Country 2025 & 2033
- Figure 22: Asia Pacific Guided Munitions Market Revenue (Million), by Product 2025 & 2033
- Figure 23: Asia Pacific Guided Munitions Market Revenue Share (%), by Product 2025 & 2033
- Figure 24: Asia Pacific Guided Munitions Market Revenue (Million), by Technology 2025 & 2033
- Figure 25: Asia Pacific Guided Munitions Market Revenue Share (%), by Technology 2025 & 2033
- Figure 26: Asia Pacific Guided Munitions Market Revenue (Million), by Platform 2025 & 2033
- Figure 27: Asia Pacific Guided Munitions Market Revenue Share (%), by Platform 2025 & 2033
- Figure 28: Asia Pacific Guided Munitions Market Revenue (Million), by End-User 2025 & 2033
- Figure 29: Asia Pacific Guided Munitions Market Revenue Share (%), by End-User 2025 & 2033
- Figure 30: Asia Pacific Guided Munitions Market Revenue (Million), by Country 2025 & 2033
- Figure 31: Asia Pacific Guided Munitions Market Revenue Share (%), by Country 2025 & 2033
- Figure 32: Latin America Guided Munitions Market Revenue (Million), by Product 2025 & 2033
- Figure 33: Latin America Guided Munitions Market Revenue Share (%), by Product 2025 & 2033
- Figure 34: Latin America Guided Munitions Market Revenue (Million), by Technology 2025 & 2033
- Figure 35: Latin America Guided Munitions Market Revenue Share (%), by Technology 2025 & 2033
- Figure 36: Latin America Guided Munitions Market Revenue (Million), by Platform 2025 & 2033
- Figure 37: Latin America Guided Munitions Market Revenue Share (%), by Platform 2025 & 2033
- Figure 38: Latin America Guided Munitions Market Revenue (Million), by End-User 2025 & 2033
- Figure 39: Latin America Guided Munitions Market Revenue Share (%), by End-User 2025 & 2033
- Figure 40: Latin America Guided Munitions Market Revenue (Million), by Country 2025 & 2033
- Figure 41: Latin America Guided Munitions Market Revenue Share (%), by Country 2025 & 2033
- Figure 42: Middle East and Africa Guided Munitions Market Revenue (Million), by Product 2025 & 2033
- Figure 43: Middle East and Africa Guided Munitions Market Revenue Share (%), by Product 2025 & 2033
- Figure 44: Middle East and Africa Guided Munitions Market Revenue (Million), by Technology 2025 & 2033
- Figure 45: Middle East and Africa Guided Munitions Market Revenue Share (%), by Technology 2025 & 2033
- Figure 46: Middle East and Africa Guided Munitions Market Revenue (Million), by Platform 2025 & 2033
- Figure 47: Middle East and Africa Guided Munitions Market Revenue Share (%), by Platform 2025 & 2033
- Figure 48: Middle East and Africa Guided Munitions Market Revenue (Million), by End-User 2025 & 2033
- Figure 49: Middle East and Africa Guided Munitions Market Revenue Share (%), by End-User 2025 & 2033
- Figure 50: Middle East and Africa Guided Munitions Market Revenue (Million), by Country 2025 & 2033
- Figure 51: Middle East and Africa Guided Munitions Market Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Guided Munitions Market Revenue Million Forecast, by Product 2020 & 2033
- Table 2: Global Guided Munitions Market Revenue Million Forecast, by Technology 2020 & 2033
- Table 3: Global Guided Munitions Market Revenue Million Forecast, by Platform 2020 & 2033
- Table 4: Global Guided Munitions Market Revenue Million Forecast, by End-User 2020 & 2033
- Table 5: Global Guided Munitions Market Revenue Million Forecast, by Region 2020 & 2033
- Table 6: Global Guided Munitions Market Revenue Million Forecast, by Product 2020 & 2033
- Table 7: Global Guided Munitions Market Revenue Million Forecast, by Technology 2020 & 2033
- Table 8: Global Guided Munitions Market Revenue Million Forecast, by Platform 2020 & 2033
- Table 9: Global Guided Munitions Market Revenue Million Forecast, by End-User 2020 & 2033
- Table 10: Global Guided Munitions Market Revenue Million Forecast, by Country 2020 & 2033
- Table 11: United States Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 12: Canada Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 13: Global Guided Munitions Market Revenue Million Forecast, by Product 2020 & 2033
- Table 14: Global Guided Munitions Market Revenue Million Forecast, by Technology 2020 & 2033
- Table 15: Global Guided Munitions Market Revenue Million Forecast, by Platform 2020 & 2033
- Table 16: Global Guided Munitions Market Revenue Million Forecast, by End-User 2020 & 2033
- Table 17: Global Guided Munitions Market Revenue Million Forecast, by Country 2020 & 2033
- Table 18: United Kingdom Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 19: Germany Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 20: France Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 21: Rest of Europe Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 22: Global Guided Munitions Market Revenue Million Forecast, by Product 2020 & 2033
- Table 23: Global Guided Munitions Market Revenue Million Forecast, by Technology 2020 & 2033
- Table 24: Global Guided Munitions Market Revenue Million Forecast, by Platform 2020 & 2033
- Table 25: Global Guided Munitions Market Revenue Million Forecast, by End-User 2020 & 2033
- Table 26: Global Guided Munitions Market Revenue Million Forecast, by Country 2020 & 2033
- Table 27: China Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 28: India Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 29: Japan Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 30: Rest of Asia Pacific Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 31: Global Guided Munitions Market Revenue Million Forecast, by Product 2020 & 2033
- Table 32: Global Guided Munitions Market Revenue Million Forecast, by Technology 2020 & 2033
- Table 33: Global Guided Munitions Market Revenue Million Forecast, by Platform 2020 & 2033
- Table 34: Global Guided Munitions Market Revenue Million Forecast, by End-User 2020 & 2033
- Table 35: Global Guided Munitions Market Revenue Million Forecast, by Country 2020 & 2033
- Table 36: Brazil Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 37: Mexico Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 38: Rest of Latin America Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 39: Global Guided Munitions Market Revenue Million Forecast, by Product 2020 & 2033
- Table 40: Global Guided Munitions Market Revenue Million Forecast, by Technology 2020 & 2033
- Table 41: Global Guided Munitions Market Revenue Million Forecast, by Platform 2020 & 2033
- Table 42: Global Guided Munitions Market Revenue Million Forecast, by End-User 2020 & 2033
- Table 43: Global Guided Munitions Market Revenue Million Forecast, by Country 2020 & 2033
- Table 44: United Arab Emirates Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 45: Saudi Arabia Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 46: Qatar Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 47: Rest of Middle East and Africa Guided Munitions Market Revenue (Million) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Guided Munitions Market?
The projected CAGR is approximately 5.76%.
2. Which companies are prominent players in the Guided Munitions Market?
Key companies in the market include General Dynamics Corporation, Rheinmetall AG, Lockheed Martin Corporation, MBDA, Rafael Advanced Defense Systems Ltd, IAI, RTX Corporation, Safra, BAE Systems plc, Northrop Grumman Corporation, The Boeing Company.
3. What are the main segments of the Guided Munitions Market?
The market segments include Product, Technology, Platform, End-User.
4. Can you provide details about the market size?
The market size is estimated to be USD 19.28 Million as of 2022.
5. What are some drivers contributing to market growth?
N/A
6. What are the notable trends driving market growth?
Law Enforcement Segment is Anticipated to Grow with the Highest CAGR During the Forecast Period.
7. Are there any restraints impacting market growth?
N/A
8. Can you provide examples of recent developments in the market?
April 2023: A US-based company, Biofire, announced the development of smart guns integrated with biometric identification, which would only allow authorized persons to fire. The significant feature that sets Biofire Smart Gun apart from others is its fingerprint and facial recognition system. The fingerprint sensor has been added to the grip, and the facial recognition sensor has been added to the rear of the weapon. Moreover, the Biofire smart gun will lock itself the moment its user leaves the gun in the hand.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Guided Munitions Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Guided Munitions Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Guided Munitions Market?
To stay informed about further developments, trends, and reports in the Guided Munitions Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence