Asia Pacific Programmable Ammunition Market Size & Outlook
Related Markets
Asia Pacific programmable ammunition market highlights
- The Asia Pacific programmable ammunition market generated a revenue of USD 2,112.9 million in 2024.
- The market is expected to grow at a CAGR of 5.5% from 2025 to 2030.
- In terms of segment, guided munitions was the largest revenue generating product in 2024.
- Smart Missiles is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 2,112.9 million |
| Market revenue in 2030 | USD 2,905.9 million |
| Growth rate | 5.5% (CAGR from 2025 to 2030) |
| Largest segment | Guided munitions |
| Fastest growing segment | Smart Missiles |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Guided Munitions, Smart Missiles, Intelligent Shells, Other Products |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 54.3% of the global programmable ammunition market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,905.9 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
Programmable Ammunition Market Scope
Programmable Ammunition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Aerojet Rocketdyne | View profile | 10001+ | Sacramento, California, United States, North America | https://www.rocket.com |
| Raytheon Technologies | View profile | - | - | - |
| Kongsberg Gruppen ASA | View profile | 13602 | Kirkegardsveien 45, Kongsberg, Norway, N-3616 | https://www.kongsberg.com |
| Boeing Co | View profile | 171000 | 929 Long Bridge Drive, Arlington, VA, United States, 22202 | https://www.boeing.com |
| Northrop Grumman Corp | View profile | 101000 | 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 | https://www.northropgrumman.com |
| BAE Systems PLC | View profile | 99800 | 6 Carlton Gardens, Stirling Square, London, United Kingdom, SW1Y 5AD | https://www.baesystems.com |
| Leonardo SpA ADR | View profile | 51000 | Piazza Monte Grappa 4, Rome, Italy, 00195 | http://www.leonardocompany.com |
| Elbit Systems Ltd | View profile | 18984 | Advanced Technology Center, P.O. Box 539, Haifa, Israel, 3100401 | https://www.elbitsystems.com |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
| Textron Inc | View profile | 35000 | 40 Westminster Street, Providence, RI, United States, 02903 | https://www.textron.com |
Asia Pacific programmable ammunition 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 programmable ammunition market will help companies and investors design strategic landscapes.
Guided munitions was the largest segment with a revenue share of 44.74% in 2024. Horizon Databook has segmented the Asia Pacific programmable ammunition market based on guided munitions, smart missiles, intelligent shells, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific dominated the market and accounted for the largest revenue share of about 54.31% in 2024, driven by increasing defense expenditures and military modernization programs across major economies such as India, Japan, and South Korea.
Regional security concerns, including territorial disputes in the South China Sea and the growing presence of advanced military capabilities, are prompting nations to invest in next-generation munitions.
Additionally, the integration of programmable ammunition into naval and land-based artillery systems is gaining traction, particularly as regional militaries seek to enhance precision-strike capabilities. The rise of domestic defense manufacturing and strategic partnerships with global defense contractors further contribute to market growth in this region.
Reasons to subscribe to Asia Pacific programmable ammunition 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 Asia Pacific programmable ammunition market databook
-
Our clientele includes a mix of programmable ammunition 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 continent-level data and insights on the Asia Pacific programmable ammunition market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific programmable ammunition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific programmable ammunition market size, by country, 2018-2030 (US$M)
Asia Pacific Programmable Ammunition Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related 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
