Iran Precision Guided Munition Market Size & Outlook
Iran precision guided munition market, 2018-2030 (US$M)
Related Markets
Iran precision guided munition market highlights
- The Iran precision guided munition market generated a revenue of USD 843.2 million in 2022 and is expected to reach USD 1,365.9 million by 2030.
- The Iran market is expected to grow at a CAGR of 6.2% from 2023 to 2030.
- In terms of segment, tactical missiles was the largest revenue generating product in 2022.
- Loitering Munition is the most lucrative product segment registering the fastest growth during the forecast period.
Precision guided munition market data book summary
| Market revenue in 2022 | USD 843.2 million |
| Market revenue in 2030 | USD 1,365.9 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Tactical missiles |
| Fastest growing segment | Loitering Munition |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tactical Missiles, Guided Rockets, Guided Ammunition, Loitering Munition |
| Key market players worldwide | Lockheed Martin Corp, Thyssenkrupp AG, RTX Corp, Thales Group, BAE Systems PLC, Northrop Grumman Corp, General Dynamics Corp, Elbit Systems Ltd |
Other key industry trends
- In terms of revenue, Iran accounted for 2.4% of the global precision guided munition market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Iran precision guided munition market is projected to lead the regional market in terms of revenue in 2030.
- Iran is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,365.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Precision Guided Munition Market Scope
Precision Guided Munition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Iran precision guided munition market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to precision guided munition market will help companies and investors design strategic landscapes.
Tactical missiles was the largest segment with a revenue share of 70.67% in 2022. Horizon Databook has segmented the Iran precision guided munition market based on tactical missiles, guided rockets, guided ammunition, loitering munition covering the revenue growth of each sub-segment from 2018 to 2030.
In terms of revenue, the precision-guided munition market in Iran is expected to ascend at an estimated CAGR of 5.0% over the forecast period. Rising military capabilities along with the increasing support for advanced weapon system from China is expected to spur the demand for precision-guided munition product in the country over the forecast period.
Reasons to subscribe to Iran precision guided munition market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Iran precision guided munition market databook
-
Our clientele includes a mix of precision guided munition market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Iran precision guided munition market , including forecasts for subscribers. This country databook contains high-level insights into Iran precision guided munition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Iran precision guided munition market size, by product, 2018-2030 (US$M)
Iran Precision Guided Munition Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
