Guided Munitions Market Covid-19 Impact Analysis by Industry...

Guided Munitions Market Covid-19 Impact Analysis by Industry Trends, And Forecast 2027

Posted 2022-06-22 15:11:17

301

Guided Munitions Market by Product (Missiles, Rockets, Projectiles, Arms, Loitering Weapons, Others), Technology (Laser, Infrared, Radar, GPS, Others), Platform (Airborne, Land-based, Naval), & Region – Forecast till 2027

Market Highlights:

Guided munitions, also known as smart weapons, smart munitions, or guided ammunition, can be aimed and directed at single or multiple targets. It relies on external guidance or its own guidance systems. It can be launched from aircraft, ships, submarines, and land vehicles. The increased focus on developing autonomous weapons and countering terror activities have led to the increasing demand for the development of guided munitions. The increased focus on procurement of smart weapons will enable manufacturers in offering new growth opportunities to the market players. However, there are some shortcomings such as extremely complicated guidance system and restricted range of maneuverability, which will restrain the growth of this market. The market for Guided Munitions Market is estimated to witness a CAGR of 5% during the forecast period.

On the basis of region, the global market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and South America. In North America, there are rising counter terrorist activities and various military equipment modernization programs. Europe is witnessing high demand for guided munitions. Increased procurement of smart weapons by the developed countries such as Germany, the U.K, and France has bolstered the demand for guided munitions in the European region. Furthermore, in 2018, the Lockheed Martin signed a contract with U.S. Navy for follow-on production of Enhanced Laser Guided Training Rounds to support the Paveway II Laser Guided Bomb (LGB) weapons training. Similarly, in 2014, Boeing signed a contract with the U.S. Air Force to work on manufacturing arming devices for Air-Launched Cruise Missile (ALCM), which is a long-range subsonic, self-guided missile, helping to ensure the readiness of the system.

Key Players

The key players in global guided munitions market are Lockheed Martin Corporation (U.S.), Raytheon Company (U.S.), Boeing (U.S.), BAE Systems Plc. (U.K), Israel Aerospace Industries (Israel), MBDA (France), Rafael Advanced Defense Systems Ltd (Israel), Kongsberg Group (Norway), Northrop Grumman Corporation (U.S.), L-3 Technologies Inc. (U.S.), and FN Herstal S.A (Belgium).

Sample Report PDF @ https://www.marketresearchfuture.com/sample_request/6101

The scope of the Report

This study provides an overview of the Global Guided Munitions Market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East & Africa and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global guided munitions market by its product, technology, platform, and region.

By Product

Missiles
Rockets
Projectiles
Arms
Loitering Weapons
Others

By Technology

Laser
Infrared
Radar
GPS
Others

By Platform

Airborne
Land-based
Naval

By Region

North America
Europe
Asia Pacific
Middle East & Africa
South America

Check Discount @ https://www.marketresearchfuture.com/check-discount/6101

Related Links @

Global Aerospace Helmet Mounted Display Market Research Report: Information by Technology (Augmented Reality and Virtual Reality), Application (Military and Non-Military), Component (Processor & Memory, Controller, Sensor, Display, Lens and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2027

Global Multirotor UAV Market Research By Application (Military, Homeland Security, Commercial), By Rotors (Less than 10, More than 10), By Payload (Cameras, Electro-Optical Sensors, GPS, Lidar, Laser Designator, and Others), & by Region–Forecast Till 2027

Vertical Take-off and Landing (VTOL) UAV Market Research Report Information by Platform (Commercial and Military), Type (Fixed-Wing and Multi-rotor), Propulsion System (Electric, Solar, Hybrid, and Others) and Region - Forecast till 2027

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com