Global Guided Ammunition Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.7 Billion by 2030, growing at a CAGR of 11.5% from 2024 to 2030.
The Guided Ammunition Market has witnessed significant advancements in recent years, driven by the growing demand for precision weaponry in both military and law enforcement sectors. Guided ammunition refers to projectiles that can be steered or controlled during their flight path, ensuring greater accuracy and effectiveness in their target engagement. As defense technologies evolve, guided munitions are becoming increasingly sophisticated, incorporating cutting-edge systems such as GPS, infrared sensors, and laser guidance to enhance targeting precision. The global market for guided ammunition is expected to grow steadily, driven by technological innovations and increased defense budgets worldwide.
Military organizations across the globe are investing heavily in advanced guided ammunition systems to increase combat effectiveness while minimizing collateral damage. These advanced munitions offer greater control, accuracy, and lethality over traditional ammunition, making them an attractive solution for modern warfare. The shift towards precision-guided weapons is driven by the desire for more effective military operations, reduced risk to civilians, and better mission outcomes in complex battle environments.
The rise of defense modernization programs in emerging markets, such as Asia-Pacific and the Middle East, is another factor propelling the growth of the guided ammunition market. Countries in these regions are actively pursuing military enhancements and strengthening their defense capabilities. As the adoption of these munitions grows, there is a surge in demand for integration into existing weapon systems, prompting the development of specialized launch platforms and guidance technologies.
One of the key drivers for the growing popularity of guided ammunition is the increasing reliance on unmanned aerial vehicles (UAVs) and drones in modern military operations. These platforms are being integrated with precision-guided munitions, allowing for effective, real-time targeting and engagement of high-value targets. The ability to strike with minimal collateral damage, combined with the growing need for more accurate targeting, is accelerating the adoption of guided ammunition systems globally.
As the market evolves, technological advancements, regulatory developments, and new player entries will continue to shape the competitive landscape of the guided ammunition industry. Innovations in guidance systems, miniaturization, and materials technology will further enhance the precision, range, and reliability of these munitions. The trend towards modularity and integration with new-age combat platforms will make guided ammunition an essential component in the future of warfare.
Get an In-Depth Research Analysis of the Global Guided Ammunition Market Size And Forecast [2025-2032]
General Dynamics Corporation
BAE Systems
Northrop Grumman
Lockheed Martin
The Boeing Co.
Raytheon Company
Textron
L-3 Communications
Israel Aerospace Industries
Northrop Grumman Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Guided Ammunition Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Guided Ammunition Market
Air
Naval
Land
Based on Types the Market is categorized into Below types that held the largest Guided Ammunition market share In 2023.
Laser
Radar
Infrared
GPS
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Guided Ammunition Market Research Analysis
1. Introduction of the Global Guided Ammunition Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Guided Ammunition Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Guided Ammunition Market, By Type
6. Global Guided Ammunition Market, By Application
7. Global Guided Ammunition Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Guided Ammunition Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/