Guided ammunition also called as precision-guided munition is a directed ammunition designed to precisely hit a definite target. The guided ammunition minimizes collateral damage while increasing lethality against intended targets. It relies on its own guidance or external guidance system. Launched from aircraft, submarines, ships, land vehicles, or even by individual soldiers on ground, it demonstrates the principle of the low-cost risk that forces a high-cost and complicated defence. They are also known as smart weapon, and smart munition. Recognizing the difficulty to hit the targets that are moving, the era of this technology has arrived using radio control, wire guidance, and others.
The Global Guided Ammunition Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Guided Ammunition Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
General Dynamics Corporation
BAE Systems
Orbital ATK
Lockheed Martin
The Boeing Co.
Raytheon Company
Textron, Inc.
L-3 Communications
Israel Aerospace Industries
Northrop Grumman Corporation
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Laser
Radar
Infrared
GPS
Others
In Market segmentation by applications :
Air
Naval
Land
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Guided Ammunition Market for the forecast period 2020 - 2026?
• What are the driving forces in the Guided Ammunition Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Guided Ammunition industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?