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 is valued at xx million US$ in 2020 is expected to reach xx million US$ by the end of 2026, growing at a CAGR of xx% during 2021-2026.
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(This is our latest offering and this report also analyzes the impact of COVID-19 on Guided Ammunition market and updated by the current situation, especially the forecast)
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
The major players in the market include General Dynamics Corporation, BAE Systems, Northrop Grumman, Lockheed Martin, The Boeing Co., Raytheon Company, Textron, Inc., L-3 Communications, Israel Aerospace Industries, Northrop Grumman Corporation, etc.
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Global Guided Ammunition Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Guided Ammunition market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Guided Ammunition Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
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