Aerospace & Defense Components · Direct
Monitoring · monthly
Procurement Category Intelligence

Guided Munitions

Overview
Market size
$31.5B
global, USD
CAGR
4.8%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
10
tracked players
Signals
12
4 high severity

Market outlook

2031$39.8B

What changed

Demand by region

North America demand45%
Europe demand25%
Asia Pacific demand15%
Middle East & Africa demand10%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Upstream Microelectronics and Sensors35%
Propulsion and Energetic Materials25%
Aerostructures and Precision Machining20%
Integration, Testing, and Software20%
share of delivered cost (analyst estimate)

Supplier watchlist

10 tracked