MarketsandMarkets Blog

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...