Global Guided Ammunition Market is Estimated to Reach $XX Billion by 2025, Says Accurize Market Research

   

Global Guided Ammunition Market is Estimated to Reach $XX Billion by 2025, Says Accurize Market Research

Global Guided Ammunition Market report published by Accurize Market Research forecast that the global market is expected to reach $XX billion by 2025; growing at a CAGR of XX% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.

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Increasing regional conflicts across the world, and growing terrorist activities coupled with tactical advancesto drive the growth of the market

Increasing regional conflicts across the world, and growing terrorist activities coupled with tactical advances fuel the demand for the global guided ammunition market. Furthermore, ongoing research & development and growing demand for precision guided ammunition worldwide also boost the growth of the market.

Market Segmentation

The global guided ammunition market has been bifurcated on the basis of product, platform, technology, and geography. By product segment the market is comprised of munitions, missiles, precision guided firearms, guided rockets and guided projectiles. Further, platform segment includes air, naval and land. On the basis of technology the market is categorized into laser, radar, infrared, GPS and other technologies.

By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

Top players in the market

The key market players include The Boeing Co., Raytheon Company, General Dynamics Corporation, BAE Systems, Textron, Inc., L-3 Communications Ltd.,Orbital ATK, Lockheed Martin, Israel Aerospace Industries, and Northrop Grumman Corporation, among others.

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