GLOBAL LAND ATTACK CRUISE MISSILE MARKET

INTRODUCTION

A land attack cruise missile (LACM) is a type of precision-guided munition developed to be launched from the air, sea, or ground. The missile is designed to fly at low altitudes and maneuver around obstacles, making it difficult to detect and shoot down.

LACMs are guided by an internal navigation system, allowing them to hit their intended target with pinpoint accuracy.

LACMs are a key component of modern warfare, as they provide the ability to strike targets with great speed, accuracy, and range.

They are used to deliver precision strikes on high-value targets such as command and control centers, airfields, and radar sites. They are also capable of carrying a variety of payloads, from conventional explosives to nuclear warheads.

The first LACM was developed during the Cold War and saw use in the Vietnam War. Since then, they have become an essential weapon system for many countries around the world.

They are particularly favored by navies, as they can be launched from ships and submarines, allowing them to strike targets far away from the shoreline.

The advantages of LACMs are that they can be launched with greater accuracy than other weapons and can reach targets quickly. They are also cost-effective and can be launched from a variety of platforms.

However, due to their precision and speed, they can also cause significant collateral damage. As such, they must be used with caution and with consideration for civilian casualties and other collateral damage.

GLOBAL LAND ATTACK CRUISE MISSILE MARKET SIZE AND FORECAST

The Global Land Attack Cruise Missile 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.

NEW PRODUCT LAUNCH

Lockheed Martin is one of the leading companies in the field of LACM development. The company has developed a number of advanced LACM systems, including the Long Range Standoff Weapon (LRSO).

The LRSO is a nuclear-capable cruise missile that has a range of over 1,000 kilometers. Lockheed Martin is also developing the AGM-158 JASSM-ER, which is an improved version of the JASSM cruise missile. The JASSM-ER has a range of over 2,000 kilometers and is capable of carrying a variety of warheads.

Boeing is another major defense contractor that has entered the LACM market. The company has developed the AGM-84K SLAM-ER, which is a long-range air-launched cruise missile that is designed to attack both land and sea targets. The SLAM-ER has a range of up to 600 kilometers and is capable of carrying a variety of warheads.

Raytheon is also a major player in the LACM market. The company has developed the AGM-154 Joint Standoff Weapon (JSOW), which is a long-range air-launched cruise missile that is designed to attack both land and sea targets. The JSOW has a range of up to 300 kilometers and is capable of carrying a variety of warheads.

COMPANY PROFILE

• Aerojet Rocketdyne
• Boeing 
• Lockheed Martin
• Northrop Grumman
• Raytheon
• Rafael Advanced Defense Systems
• MBDA 
• Kongsberg Gruppen 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

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