The Precision Guided Munition Market has experienced significant growth, with a size of USD 31.89 billion in 2021 and a projected CAGR of 6.8% during the forecast period. This can be attributed to a variety of factors, including a rising demand for more accurate and effective weapons, an increase in terrorism worldwide, and ongoing efforts to modernize military forces. Precision...

The global Precision Guided Munition Market had a value of USD 31.89 billion in 2021 and is projected to experience a rapid compound annual growth rate (CAGR) of 6.8% during the forecast period. The increasing demand for highly accurate and effective weapons, the rise of global terrorism, and ongoing modernization efforts in the armed forces are the key factors fueling the growth of...