Precision Guided Munition Market Forecast 2023-2032: Market Size, Drivers, And Trends

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Precision Guided Munition Global Market Report
2023
Market Size, Trends and Global Forecast 2023-2032
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Precision Guided Munition Market Segments
The Business Research Company segments its
Precision Guided Munition market report as
Tactical Missiles, Guided Rockets, Guided
Ammunition, Torpedoes, Loitering Munitions
By Product
By Technology
Infrared, Semi Active Laser, Inertial Navigation
System (INS), Global Positioning System (GPS),
Radar Homing, Anti-Radiation
By Launch Platform

Land, Airborne, Naval
By Industry
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Market Statistics
The global precision-guided munition market size
grew from 32.74 billion in 2022 to 36.87
billion in 2023 at a compound annual growth rate
(CAGR) of 12.6. The market size of the
precision-guided munition market is expected to
grow to 52.55 billion in 2027 at a CAGR of 9.3.
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Key Market Drivers And Trends
Drivers
The increase in military expenditure is
significantly driving the growth of the
precision-guided munition market.
Trends
Strategic partnerships and collaborations have
emerged as a key trend in the precision-guided
munition market.
Region
Asia-Pacific was the largest region in the
control valve market. The regions covered in the
global control valve market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Key Market Players

• Major players in the Precision Guided Munition
  market are
• Northrop Grumman
• Lockheed Martin Corporation
• Boeing
• BAE Systems
• General Dynamics Corporation
• And more.

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3. Get a comprePrecision Guided Munitionsive market
   sizing report with a truly global perspective
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   Research Company, with data from 2017 to 2023 and
   forecasts up to 2032.
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5. Benchmark performance against key competitors.

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