Vision Research Report, Recently Announced New Report on “precision guided munition market – Global Industry Analysis, Market Size, Share, Growth, Trends, Region Outlook, And Segment Forecasts, 2021 – 2030″.
Global “Precision guided munition market” Report 2021 covering manufacturers, regions, segments, forecast to 2030 is that the recent research report with correct information and extremely authentic info. The report provides insights on market share, market size, rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. The Precision guided munition research report focuses on the competitive surroundings that has section on company profile covering product specifications, geographical coverage, recent developments, revenue analysis, and market shares. what is more, the report offers strategic recommendations so as to help the consumers to align business goals.
The Precision guided munition market revenue share is set to grow at a yearly rate of 5.4% during 2021-2030, while its valuation is Projected to jump from $32.67 Bn in 2020 to $54.17 Bn in 2030.
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By Product Analysis
The tactical missiles segment led the market and accounted for more than 70.5% share of the global revenue. This trend is attributed to tactical missiles’ long-range travel and ability to damage the targets significantly.
Guided rockets are anticipated to witness moderate growth in the estimated time owing to their low cost and lightweight properties. However, limited or short-range travel by the rockets is anticipated to pose a challenge for the segment growth.
Developments in the guided systems in rockets are expected to increase its penetration in the market during the projected time. The loitering munition product category is anticipated to accelerate at a significant rate owing to its unique feature of loitering around the target and hitting at a precise location.
Guided ammunition including bombs, bullets, mortars, artillery shells is anticipated to grow moderately in the coming period owing to less adoption in the defense systems. Short-range and less destruction at the target location is expected to pose challenging factors for the segment growth over the estimated period.
By Technology Analysis
The Global Positioning System (GPS) segment accounted for the maximum share of more than 70.5% of the global revenue in 2021. The semi-active laser guidance technology segment followed the GPS segment in 2021 due to the high demand.
The technology is used for locating the targets. Fast coordination by illuminating the target for aerial attack is the primary factor for its growing demand for guided weapons. However, semi-active laser guidance for war weapons is likely to be replaced by GPS technology in the estimated time.
Detection of exact target location with the provision of real-time movement of the targets is likely to increase the popularity of GPS-enabled guided munition for war activities at long range.
Radar homing guidance systems are majorly used for missile guidance that allows missiles to locate the targets autonomously. These systems are attached with radar transceivers and necessary electronics that simplify their locating operations. This guidance system is popular in tactical ballistic missiles.
The infrared-enabled guided munition is expected to grow at a significant rate owing to its low cost and precise location detection. Infrared components attached to the war equipment occupy less space and are light in weight, thus are widely installed in missiles, rockets, and artillery.
By Regional Analysis
Asia Pacific dominated the global market in 2021 with a revenue share of more than 31%. The region is anticipated to continue the same trend growing at the fastest CAGR over the forecast period. China, South Korea, India, North Korea, Pakistan, and Japan are among the largest players ordering tactical warfare.
The growing tensions between the countries in the region and the need to strengthen the defense capabilities are likely to create scope for the precision-guided munition. The growing tension between India and Pakistan has led India to strengthen its defense capabilities with the addition of enhanced missiles including Prithvi, Agni, Brahmos, and others.
The presence of prominent manufacturers in Europe coupled with high investments in the military operation by economies including the U.K., Germany, France, Italy, and Russia are anticipated to upscale the market in Europe. Moreover, military developments in Russia are further likely to develop improved artillery and missiles, thus, is expected to have a positive impact on the regional market.
Global Precision guided munition market report provides key statistics on the state of the trade and could be a valuable supply of steerage and direction for corporations and people curious about the market. The Precision guided munition trade trends and promoting channels analysed. Precision guided munition Market discovers numerous topics like regional market scope, product market numerous applications, market size consistent with specific product, sales and revenue by region, producing analysis, Industrial Chain, Market result Factors Analysis, market size forecast, and more. Finally, the practicableness of latest investment comes is evaluated and overall analysis conclusions offered.
Key Players
Market Segmentation
Global Precision guided munition Market: Drivers and Restrains
The analysis report has incorporated the analysis of various factors that augment the market’s growth. It constitutes trends, restraints, and drivers that remodel the market in either a positive or negative manner. This section additionally provides the scope of various segments and applications that may probably influence the market within the future. The elaborated info is predicated on current trends and historic milestones. This section additionally provides an analysis of the amount of production regarding the world market and regarding every kind from 2021-2030.
COVID-19 impact on the Precision guided munition market
COVID-19 is associate communicable disease caused by the novel coronavirus. for the most part unknown before this happening across the world, COVID-19 has captive from a regional crisis to a worldwide pandemic in precisely a matter of a number of weeks. the world Health Organization (WHO) declared COVID-19 as an epidemic on March 11, 2021.
COVID-19 has compact most the industries across the world by disrupting provide chains and impeding numerous industrial operations. COVID-19-responsive measures undertaken by governments, like lockdown and social distancing, led to the closure of producing plants in the initial stage of the pandemic. With only a few industrial operations allowed, the demand for numerous input product within the industrial sector has declined considerably.
Key Highlights Involved in the Market Research Report: –
Precision guided munition Market Study Coverage: It includes key market segments, key makers covered, the scope of product offered within the years thought of, world Precision guided munition Market and study objectives. in addition, it touches the segmentation study provided within the report on the idea of the sort of product and applications.
Precision guided munition Market executive Summary: This section emphasizes the key studies, market rate, competitive landscape, market drivers, trends, and problems additionally to the gross indicators.
Precision guided munition Market Production by Region: The report delivers knowledge associated with import and export, revenue, production, and key players of all regional markets studied area unit coated during this section.
Precision guided munition Market Profile of Manufacturers: Analysis of every market player profiled is elaborated during this section. This section conjointly provides SWOT analysis, products, production, value, capacity, and different very important factors of the individual player.
The report delivers a comprehensive study of all the segments and shares info concerning the leading regions within the market. This report additionally states import/export consumption, offer and demand Figures, cost, business share, policy, price, revenue, and gross margins.
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Precision Guided Munition Market, By Product
7.1. Precision Guided Munition Market, by Product, 2021-2030
7.1.1. Tactical Missile
7.1.1.1. Market Revenue and Forecast (2019-2030)
7.1.2. Guided Rockets
7.1.2.1. Market Revenue and Forecast (2019-2030)
7.1.3. Guided Ammunition
7.1.3.1. Market Revenue and Forecast (2019-2030)
7.1.4. Loitering Munition
7.1.4.1. Market Revenue and Forecast (2019-2030)
Chapter 8. Global Precision Guided Munition Market, By Technology
8.1. Precision Guided Munition Market, by Technology, 2021-2030
8.1.1. Infrared
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Semi-Active Lasers
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Inertial Navigation System (INS)
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Global Positioning System (GPS)
8.1.4.1. Market Revenue and Forecast (2019-2030)
8.1.5. Radar Homing
8.1.5.1. Market Revenue and Forecast (2019-2030)
8.1.6. Anti-Radiation
8.1.6.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Precision Guided Munition Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2019-2030)
9.1.2. Market Revenue and Forecast, by Technology (2019-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.1.3.2. Market Revenue and Forecast, by Technology (2019-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.1.4.2. Market Revenue and Forecast, by Technology (2019-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.2. Market Revenue and Forecast, by Technology (2019-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.3.2. Market Revenue and Forecast, by Technology (2019-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.4.2. Market Revenue and Forecast, by Technology (2019-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.5.2. Market Revenue and Forecast, by Technology (2019-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
9.2.6.2. Market Revenue and Forecast, by Technology (2019-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.2. Market Revenue and Forecast, by Technology (2019-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.3.2. Market Revenue and Forecast, by Technology (2019-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.4.2. Market Revenue and Forecast, by Technology (2019-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.5.2. Market Revenue and Forecast, by Technology (2019-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
9.3.6.2. Market Revenue and Forecast, by Technology (2019-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.2. Market Revenue and Forecast, by Technology (2019-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.3.2. Market Revenue and Forecast, by Technology (2019-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.4.2. Market Revenue and Forecast, by Technology (2019-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.5.2. Market Revenue and Forecast, by Technology (2019-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
9.4.6.2. Market Revenue and Forecast, by Technology (2019-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2019-2030)
9.5.2. Market Revenue and Forecast, by Technology (2019-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2019-2030)
9.5.3.2. Market Revenue and Forecast, by Technology (2019-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2019-2030)
9.5.4.2. Market Revenue and Forecast, by Technology (2019-2030)
Chapter 10. Company Profiles
10.1. Lockheed Martin
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Atlas Elektronik
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Raytheon
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Thales Group
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. BAE Systems
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Northrop Grumman
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. General Dynamics
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Elbit Systems
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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