NJ New Jersey, USA -- (SBWIRE) -- 11/16/2023 -- The latest study released on the Global Precision Guided Munition Market by AMA Research evaluates market size, trend, and forecast to 2028. The Precision Guided Munition market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include:
Lockheed Martin Corporation (United States), MBDA (France), Raytheon Technologies (United States), Thales Group (France), The Boeing Co. (United States), Rafael Advanced Defense Systems Ltd (Israel), BAE Systems (United Kingdom), Northrop Grumman Corporation (United States), Saab AB (Sweden), Israel Aerospace Industries (IAI) Ltd (Israel), Elbit Systems (Israel), Denel Dynamics (South Africa)

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Definition:
The global precision guided munitions market is expected to grow at a healthy pace during the forecast period, according to the AMA study. The rising global defense expenditure, the growing demand to minimise collateral damage caused by missiles & rockets, and the rising demand for short-range porecision guided munitions are some of the major factors aiding into the growth for the market.

In August 2019, the Pentagon announced that it has awarded a multi-million contract to Lockheed Martin Corporation to develop the AGM-183A Air-Launched Rapid Response Weapon, or ARRW, hypersonic missile which is expected to be completed on 2022.

Market Trend:
- Modernization of Military Programs & Operations

Market Drivers:
- Rising Global Defense Expenditure
- The Growing Demand to Minimise Collateral Damage Propelling the Demand for Precision Guided Munitions
- The Rising Demand for Short-Range Precision Guided Missiles

Market Opportunities:
- Development of Hybrid Precision Guided Munitions

The Global Precision Guided Munition Market segments and Market Data Break Down are illuminated below:
by Type (Tactical Missiles, Guided Rockets, Guided Ammunition, Loitering Munition), Application (Air-to-Air, Surface-to-Surface, Surface-to-Air, Air-to-Surface, Sea-to-Surface, Sea-to-Sea), Automation (Semi-Automatic, Fully Automatic), Technnology (Infrared, INS, GPS, Radar Horning, Others)

Global Precision Guided Munition market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
- -To carefully analyze and forecast the size of the Precision Guided Munition market by value and volume.
- -To estimate the market shares of major segments of the Precision Guided Munition
- -To showcase the development of the Precision Guided Munition market in different parts of the world.
- -To analyze and study micro-markets in terms of their contributions to the Precision Guided Munition market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Precision Guided Munition
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Precision Guided Munition market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:
Precision Guided Munition Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Precision Guided Munition market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Precision Guided Munition Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Precision Guided Munition Market Production by Region Precision Guided Munition Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
- Key Points Covered in Precision Guided Munition Market Report:
- Precision Guided Munition Overview, Definition and Classification Market drivers and barriers
- Precision Guided Munition Market Competition by Manufacturers
- Impact Analysis of COVID-19 on Precision Guided Munition Market
- Precision Guided Munition Capacity, Production, Revenue (Value) by Region (2021-2027)
- Precision Guided Munition Supply (Production), Consumption, Export, Import by Region (2021-2027)
- Precision Guided Munition Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}
- Precision Guided Munition Manufacturers Profiles/Analysis Precision Guided Munition Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
- How feasible is Precision Guided Munition market for long-term investment?
- What are influencing factors driving the demand for Precision Guided Munition near future?
- What is the impact analysis of various factors in the Global Precision Guided Munition market growth?
- What are the recent trends in the regional market and how successful they are?

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