Stratview Research has published a market research report on the precision-guided munition market. This strategic assessment report intends to provide a thorough overview that reflects today's precision-guided munition market realities as well as future market potential from 2022 to 2028.
Several investments/guidelines in the industry have been directed in recent years, which would boost the overall market. Some of them are:
- High-tech new-generation missile development poses a serious risk to important sites and assets like military ships and air bases. High-speed cruise missiles and nuclear-capable ballistic missiles are a couple of these recent innovations.
- Many nations are working on very sophisticated weapons that can overcome sophisticated air defense systems like the Patriot Advanced Capability-3 (PAC-3), the S-400, and the Medium Extended Air Defense System (MEADS).
Segment Analysis
Speed Type:
The global precision-guided munition industry has been segmented into subsonic, supersonic, and hypersonic. Hypersonic munitions are armed with a propulsion system enabling it to achieve a speed of Mach 5 or higher. Currently, hypersonic weapons are in the development stage and are projected to be commercialized in the coming years.
Click here to request a Free Sample report: https://www.stratviewresearch.com/Request-Sample/2908/precision-guided-munition-market.html#form
Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirements related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected].
