The global Precision-Guided Munitions (PGM) Market was valued at US $35.21 billion in 2024 and is projected to reach US $55.31 billion by 2032, growing at a CAGR of 5.81% during 2025–2032. Market expansion is being fueled by rising defense modernization programs, increased demand for advanced strike capabilities, and growing geopolitical tensions worldwide. PGMs, which include...

Smart Weapons Market By Product (Missiles, Munitions, Guided Projectiles, Guided Rockets, Precision Guided Firearms), Technology (Laser, Radar, GPS, Infrared, Others), Platform (Air, Land, Naval), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China,...