INDIA PRECISION-GUIDED MUNITION MARKET

INTRODUCTION

Precision-guided munitions improve mission success and survival by providing first-shot accuracy with little collateral damage.

Precision-Guided Munitions (PGMs) are long-range weapons that use advanced technologies to kill a variety of targets in difficult and disputed settings, enabling land, air, and sea missions across the military.

The private sector in India and abroad is enthusiastically supporting the 'Make in India' initiative, which will help the government's domestic manufacturing effort.

To increase a weapon's accuracy to apparently less than 3 metres, PGMs often use the global positioning system (GPS), laser guidance, or inertial navigation systems (approximately 10 feet).

INDIA PRECISION-GUIDED MUNITION MARKET SIZE AND FORECAST

The India Precision-Guided Munition Market accounted for $XX Billion in 2023and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.

INDIA PRECISION-GUIDED MUNITION MARKETDYNAMICS

OIS Advanced Technology (OIS-AT), a new private company, will collaborate with Sagem of France to manufacture the ammunition, that India now imports for its fighters from Israel, France, Russia, and the United States.

India's defence forces will receive precision-guided and laser bombs for the first time from a homegrown manufacturer. To satisfy domestic needs, OIS-AT has partnered with Sagem of France to create production for precision-guided guidance kits.

The Defence Research and Development Organisation successfully flight tested an indigenously manufactured low-weight, fire-and-forget Man-Portable Anti-Tank Guided Missile, giving Atmanirbhar Bharat a big boost and boosting the Indian Army's armament systems (MPATGM).

The missile was fired from a man-portable launcher with a thermal sight, and the target was designed to look like a tank. In direct assault mode, the missile hit the target and destroyed it with pinpoint accuracy.

INDIA PRECISION-GUIDED MUNITION MARKET COMPANY PROFILES

• Defense Research and Development Organisation (DRDO)
• BrahMos Aerospace Private Limited
• Aeronautical Development Establishment (ADE)
• OIS Advanced Technology (OIS-AT)
• Dynetics Inc
• Raytheon Technologies Corporation

THIS INDIA PRECISION-GUIDED MUNITION MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perIndia Precision-Guided Munition Industryright now and how will it change in the next 5-6 years?
2. Average cost to set up aPrecision-Guided Munition Industryin India?
3. How manyIndia Precision-Guided Munition Industryare 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 anIndia Precision-Guided Munition Marketand Key Vendor Selection criteria
6. Where is theIndia Precision-Guided Munition Marketmanufactured? What is the average margin per piece of equipment?
7. Market share ofIndia Precision-Guided Munition Industrymanufacturers and their upcoming products
8. The most important plannedIndia Precision-Guided Munition Industryin the next 2 years
9. Details on a network of majorIndia Precision-Guided Munition Industryand pricing plans
10. Cost advantage for OEMs who manufactureIndia Precision-Guided Munition Marketin-house
11. 5 key Predictions for next 5 Years inIndia Precision-Guided Munition Market
12. Average B-2-BIndia Precision-Guided Munition Marketprice in all segments
13. Latest trends inIndia Precision-Guided Munition Industry, by every market segment
14. The market size (both volume and value) of the IndiaPrecision-Guided Munition Industryin 2024-2030 and every year in between?
15. Global production breakup ofIndia Precision-Guided Munition Industry, by suppliers and their OEM relationship