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Precision-Guided Munitions Market Expands with Military Modernization, Precision Warfare Demand, and Defense Investments in Smart Missiles and Laser-Guided Technologies

08-04-2025 08:44 AM CET | Aerospace & Defense

Press release from: DataM intelligence 4 Market Research LLP

Precision-Guided Munitions Market

Precision-Guided Munitions Market

Precision-Guided Munitions Market is witnessing strong growth fueled by rising global defense budgets, increased focus on precision warfare, modernization of military arsenals, and growing demand for minimizing collateral damage in conflict zones.

Precision-Guided Munitions Market reached US$ 35.21 billion in 2024 and is expected to reach US$ 55.31 billion by 2032, growing with a CAGR of 5.81% during the forecast period 2025-2032.

Precision-Guided Munitions Market is positioned for robust growth, and shifting market dynamics reshaping the competitive landscape. DataM Intelligence's new report provides data-driven insights, SWOT analysis, and marketing-ready intelligence for businesses seeking to improve market penetration and campaign ROI.

Get your exclusive sample report today: (corporate email gets priority access): https://datamintelligence.com/download-sample/precision-guided-munitions-market?vs

Precision-Guided Munitions Market - Recent Key Developments
July 2025 - Raytheon Technologies secured a $1.2 billion contract from the U.S. Department of Defense for the production of Joint Direct Attack Munition (JDAM) kits, supporting NATO and allied defense forces.

June 2025 - BAE Systems unveiled a new generation of laser-guided artillery shells with extended range and enhanced target tracking capabilities for mobile warfare scenarios.

May 2025 - Rafael Advanced Defense Systems began collaboration with Japan's Ministry of Defense to co-develop precision missile systems optimized for island defense and maritime operations in the Indo-Pacific.

Strategic Players Driving the Precision-Guided Munitions Market Forward :

BAE Systems, Elbit Systems, General Atomics, General Dynamics Corporation, Israel Aerospace Industries, Lockheed Martin Corporation, MBDA, Northrop Grumman, Raytheon Technologies, and Thales.

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Segment Covered in the Precision-Guided Munitions Market:

By Product - Solution, Service

By Technology - Industrial Robots, Service Robots

By Launch Platform - Large Enterprises, SMEs

Regional Analysis for Precision-Guided Munitions Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Precision-Guided Munitions Market Research Industry:

✒ What are the primary drivers fueling growth in the Precision-Guided Munitions Market today?
✒ Which companies are currently leading innovation and market share in the Precision-Guided Munitions Market?
✒ In what ways is the current regulatory environment influencing the Precision-Guided Munitions Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the Precision-Guided Munitions Market-and why?
✒ What are the key barriers or challenges that could limit the growth of the Precision-Guided Munitions Market?

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