| Product Code: ETC4553916 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The precision-guided munition market in Australia is expanding due to increasing adoption of smart weapons in defense operations. Precision-guided munitions use GPS, laser guidance, and infrared technology to improve targeting accuracy and reduce collateral damage. Growing investments in advanced missile and artillery systems are supporting market growth.
The Australia Precision-Guided Munition Market is driven by increasing demand for high-accuracy and low-collateral damage weapons. Precision-guided munitions use GPS, laser, and infrared guidance systems to target and strike with high accuracy. Rising defense spending and growing focus on modernizing military capabilities are fueling market demand. Technological advancements in guidance systems, warhead design, and propulsion technology are further enhancing market potential.
The precision-guided munition market in Australia is constrained by high research and development costs. Technical difficulties in maintaining targeting accuracy and system reliability increase operational complexity. Regulatory requirements for arms trade and national security increase compliance burdens.
The Australia Precision Guided Munition Market offers significant growth opportunities driven by increased defense spending and modernization initiatives. Investment opportunities include developing advanced guidance systems, improving target acquisition and tracking capabilities, and expanding into land, air, and naval defense applications. Integration with artificial intelligence (AI) and satellite-based navigation presents further growth potential.
The government supports the precision guided munition market through funding for advanced military technology research and development. The Department of Defence regulates the use of precision-guided munitions under strict operational and safety guidelines. Import regulations and product certification ensure that munitions meet performance and safety standards.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Precision Guided Munition Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Precision Guided Munition Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Precision Guided Munition Market - Industry Life Cycle |
3.4 Australia Precision Guided Munition Market - Porter's Five Forces |
3.5 Australia Precision Guided Munition Market Revenues & Volume Share, By Speed, 2021 & 2031F |
3.6 Australia Precision Guided Munition Market Revenues & Volume Share, By Mode of Operation, 2021 & 2031F |
3.7 Australia Precision Guided Munition Market Revenues & Volume Share, By Launch Platform, 2021 & 2031F |
4 Australia Precision Guided Munition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget of Australia |
4.2.2 Growing demand for precision strike capabilities |
4.2.3 Technological advancements in precision guided munitions |
4.3 Market Restraints |
4.3.1 Stringent export regulations on defense equipment |
4.3.2 High costs associated with the development and procurement of precision guided munitions |
5 Australia Precision Guided Munition Market Trends |
6 Australia Precision Guided Munition Market, By Types |
6.1 Australia Precision Guided Munition Market, By Speed |
6.1.1 Overview and Analysis |
6.1.2 Australia Precision Guided Munition Market Revenues & Volume, By Speed, 2021-2031F |
6.1.3 Australia Precision Guided Munition Market Revenues & Volume, By Subsonic, 2021-2031F |
6.1.4 Australia Precision Guided Munition Market Revenues & Volume, By Supersonic, 2021-2031F |
6.1.5 Australia Precision Guided Munition Market Revenues & Volume, By Hypersonic, 2021-2031F |
6.2 Australia Precision Guided Munition Market, By Mode of Operation |
6.2.1 Overview and Analysis |
6.2.2 Australia Precision Guided Munition Market Revenues & Volume, By Semi-autonomous , 2021-2031F |
6.2.3 Australia Precision Guided Munition Market Revenues & Volume, By Autonomous, 2021-2031F |
6.3 Australia Precision Guided Munition Market, By Launch Platform |
6.3.1 Overview and Analysis |
6.3.2 Australia Precision Guided Munition Market Revenues & Volume, By Land, 2021-2031F |
6.3.3 Australia Precision Guided Munition Market Revenues & Volume, By Airborne , 2021-2031F |
6.3.4 Australia Precision Guided Munition Market Revenues & Volume, By Naval, 2021-2031F |
7 Australia Precision Guided Munition Market Import-Export Trade Statistics |
7.1 Australia Precision Guided Munition Market Export to Major Countries |
7.2 Australia Precision Guided Munition Market Imports from Major Countries |
8 Australia Precision Guided Munition Market Key Performance Indicators |
8.1 Research and development investment in precision guided munitions |
8.2 Number of contracts awarded for precision guided munition systems |
8.3 Rate of adoption of precision guided munitions technology |
9 Australia Precision Guided Munition Market - Opportunity Assessment |
9.1 Australia Precision Guided Munition Market Opportunity Assessment, By Speed, 2021 & 2031F |
9.2 Australia Precision Guided Munition Market Opportunity Assessment, By Mode of Operation, 2021 & 2031F |
9.3 Australia Precision Guided Munition Market Opportunity Assessment, By Launch Platform, 2021 & 2031F |
10 Australia Precision Guided Munition Market - Competitive Landscape |
10.1 Australia Precision Guided Munition Market Revenue Share, By Companies, 2024 |
10.2 Australia Precision Guided Munition Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |