May 21st, 2025 · Comments Off on Guided Lethality: Precision-Guided Munitions Reshape Global Defense Strategies
As global security dynamics become increasingly complex and contested, the demand for weapons that deliver surgical precision, reduced collateral damage, and operational superiority has never been higher. The Precision-Guided Munition (PGM) market, valued at USD 37.24 billion in 2025, is projected to reach USD 49.71 billion by 2030, growing at a CAGR of 5.9%. This market surge is propelled by...
Jan 27th, 2025 · Comments Off on Future of Loitering Munitions: Technological Advancements and Market Dynamics (2024–2029)
The loitering munitions market is entering a transformative phase, driven by technological advancements and the evolving nature of modern warfare. Projected to grow from USD 529.9 million in 2024 to USD 815.3 million by 2029, at a CAGR of 9.0%, this market demonstrates its increasing relevance in addressing the tactical and operational needs of military forces worldwide. In terms of volume, the...