GLOBAL CANNON-LAUNCHED GUIDED PROJECTILE MARKET

INTRODUCTION

A cannon-launched guided projectile (CLGP) is a type of guided missile that is fired from a cannon and is capable of being guided in flight. The CLGP is one of the most advanced weapons systems in use today, as it combines the firepower of a cannon with the precision of a guided missile.

CLGPs are typically launched from a variety of ground-based and air-based platforms, including tanks, artillery pieces, helicopters, and airplanes.

CLGPs use a variety of guidance systems to maintain their accuracy in flight. These include laser guidance, imaging infrared guidance, Global Positioning System (GPS) guidance, inertial navigation system (INS) guidance, and active radar homing.

The guidance system is typically combined with a control system to provide the CLGP with the ability to adjust its trajectory in flight.

The CLGP can be used in a variety of roles, including anti-aircraft, anti-tank, and offensive counter-battery fire. It is also used to engage moving targets such as vehicles, ships, and low-flying aircraft. In addition, the CLGP can be used to engage Point Defense targets such as bunkers, buildings, and fortifications.

The CLGP’s range and accuracy make it an ideal weapon for a variety of missions. Its ability to be guided in flight provides a high degree of accuracy and versatility that is unmatched by other weapons systems.

The CLGP is also relatively inexpensive compared to other guided missiles, making it an attractive option for military forces on a budget.

GLOBAL CANNON-LAUNCHED GUIDED PROJECTILE MARKET SIZE AND FORECAST

The Global Cannon-launched guided projectile market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

RECENT DEVELOPMENT

The Sub-Caliber Artillery Long-Range Projectile with Enhanced Lethality, which BAE Systems developed for the U.S. Army's XM1155 sub-caliber program, was fired from a 155 mm XM907E2 58 caliber cannon in collaboration with the U.S. Army.

The projectile successfully struck a fixed target at a range that exceeded previous records for precision-guided projectiles fired from the same type of cannon. Using a sabot package developed by the US Army, the test conducted at White Sands Missile Range verified that the projectile was compatible with both propelling charges and the 155 mm Extended Range Cannon Artillery (ERCA) Howitzer Test Bed.

After a successful test, it may now move on to further testing to double the range of the current guided projectile and add sensors to locate both stationary and moving targets of interest. The Sub-Caliber Artillery Long-Range Projectile with Enhanced Lethality is capable of defeating long-range targets.

An improved cannon-launched projectile being developed by BAE Systems for the U.S. Army's XM1155-SC program is designed to defeat both stationary and mobile targets in disputed areas at a range that is more than double that of current cannon-launched precision-guided munitions (PGM).

The most recent PGM in the Hypervelocity Projectile family of weapons, it was designed with enhanced range, sophisticated navigation, lethality, and survivability to breach and destroy enemy defenses. To meet the Army's modernization objectives, the projectile offers a long-range precision firing munitions solution.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Cannon-launched guided projectile are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Cannon-launched guided projectile and key vendor selection criteria
3. Where is the Cannon-launched guided projectile manufactured? What is the average margin per unit?
4. Market share of Global Cannon-launched guided projectile market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Cannon-launched guided projectile in-house
6. key predictions for next 5 years in Global Cannon-launched guided projectile market
7. Average B-2-B Cannon-launched guided projectile market price in all segments
8. Latest trends in Cannon-launched guided projectile market, by every market segment
9. The market size (both volume and value) of the Cannon-launched guided projectile market in 2023-2030 and every year in between?
10. Production breakup of Cannon-launched guided projectile market, by suppliers and their OEM relationship