Precision guided missile is a kind of guided ammunition designed to accurately strike a specific target, so as to minimize collateral damage and increase the lethality to the predetermined target.
This report contains market size and forecasts of Precision Guided Missiles in global, including the following market information:
Global Precision Guided Missiles Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Precision Guided Missiles Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Precision Guided Missiles companies in 2021 (%)
The global Precision Guided Missiles market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Autonomous Missiles Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Precision Guided Missiles include Lockheed Martin Corporation, BAE Systems, Raytheon, MBDA, Israel Aerospace Industries, Elbit Systems, Saab AB, General Dynamics Corporation and Northrop Grumman and 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 Missiles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Precision Guided Missiles Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Precision Guided Missiles Market Segment Percentages, by Type, 2021 (%)
Autonomous Missiles
Semi-autonomous Missiles
Global Precision Guided Missiles Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Precision Guided Missiles Market Segment Percentages, by Application, 2021 (%)
Military
Others
Global Precision Guided Missiles Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Precision Guided Missiles 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 Missiles revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Precision Guided Missiles revenues share in global market, 2021 (%)
Key companies Precision Guided Missiles sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Precision Guided Missiles sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Lockheed Martin Corporation
BAE Systems
Raytheon
MBDA
Israel Aerospace Industries
Elbit Systems
Saab AB
General Dynamics Corporation
Northrop Grumman
Rheinmetall AG Leonardo SpA