CHINA PRECISION-GUIDED MUNITION MARKET

INTRODUCTION

The introduction of the precision weapon, which can be aimed and directed against a single target using external or internal guidance, is without a doubt one of the most significant innovations in the history of twentieth-century combat.

The precise weapon, which can be launched from planes, ships, submarines, and land vehicles, as well as by individual soldiers on the ground, demonstrates the notion of a low-cost danger forcing a high-cost and difficult defense. 

The first attempts to produce viable precision guided weapons were made during World War I.

However, such weapons did arrive in the Second World War, albeit in rudimentary but significant form, and it was this experience that gave us the generation of weapons that are presently in  arsenals of many nations. 

CHINA PRECISION-GUIDED MUNITION MARKET SIZE AND FORECAST

The China Precision-Guided Munition Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

MARKET  DYNAMICS

For the first time, the China Air Show revealed a spectrum of Chinese precision-guided munitions (PGM), which had been kept a well guarded secret for many years.

At Zhuhai, the Luoyang Electro-Optical Technology Development Centre (LOEC) demonstrated two PGMs: the LS-6 glide bomb and the LT-2 laser-guided bomb (LGB). 

The LS-6 is a range-extender kit for general-purpose (GP) bombs that includes a satellite/INS guidance system in the weapon's tailcone.

After a high-altitude release at 11,000 m, the variant shown has a glide range of up to 60 km and a 440 kilogramme bomb body. With the addition of a rocket booster, the range might be increased even further.

China has also produced a number of aerial laser-designation pods (LDP) for use with LT-2-type missiles. The LT-2 looks to be a more customised design with a cylindrical warhead manufactured specifically for it.

COMPANY PROFILE

• Lockheed Martin
• China Aerospace Science And Technology Corporation (CASC)
• Raytheon Technologies Corporation
• Northrop Grumman
• Leidos Holdings

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perChina Precision-Guided Munition Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aPrecision-Guided Munition Marketin China?
3. How manyChina Precision-Guided Munition Marketsare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aChina Precision-Guided Munition Marketand key vendor selection criteria
6. Where is theChina Precision-Guided Munition Market manufactured? What is the average margin per equipment?
7. Market share ofChina Precision-Guided Munition Marketmanufacturers and their upcoming products
8. The most important plannedChina Precision-Guided Munition Marketin next 2 years
9. Details on network of majorChina Precision-Guided Munition Marketand pricing plans
10. Cost advantage for OEMs who manufactureChina Precision-Guided Munition Marketin-house
11. 5 key predictions for next 5 years inChina Precision-Guided Munition Market
12. Average B-2-BChina Precision-Guided Munition Marketprice in all segments
13. Latest trends inChina Precision-Guided Munition Market, by every market segment
14. The market size (both volume and value) of the ChinaPrecision-Guided Munition Marketin 2022-2027 and every year in between?
15. Global production breakup ofChina Precision-Guided Munition Market, by suppliers and their OEM relationship