| Product Code: ETC4553921 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Precision Guided Munitions (PGMs) have revolutionized modern warfare by improving the accuracy and effectiveness of military operations. The UAE investment in precision-guided munitions is driven by the desire to enhance its military capabilities and achieve precise targeting in various operational scenarios. The precision-guided munition market in the UAE is witnessing significant growth as the country seeks to strengthen its defense posture and address countryal security challenges.
In the pursuit of achieving greater accuracy and effectiveness in military operations, the UAE Precision Guided Munition Market is emerging as a pivotal player. The growing need for precision in targeting and minimizing collateral damage has led to a surge in the adoption of precision-guided munitions by the UAE military. This market is being driven by the nation`s commitment to maintaining a technologically advanced defense infrastructure, with precision-guided munitions serving as a strategic asset in achieving military objectives while minimizing the risk to civilians and critical infrastructure.
In the UAE Precision Guided Munition Market, challenges arise from advancing guidance and targeting technologies while ensuring accuracy and reliability. Developing munitions equipped with precision guidance systems, such as GPS and laser guidance, demands high precision, reliability, and cost-effectiveness. Additionally, addressing the complexities of target acquisition, engagement, and countermeasures in dynamic combat scenarios remains a significant technical challenge. Moreover, ensuring interoperability with existing weapon systems and minimizing collateral damage while maximizing effectiveness remain ongoing challenges in this market.
The precision-guided munition market in the UAE underwent significant changes influenced by the COVID-19 pandemic. Disruptions in the defense and aerospace industries and the increased emphasis on accuracy and efficiency in military operations initially impacted market dynamics. However, the surge in demand for precision-guided munitions for targeted and precise strikes created new opportunities for manufacturers. Players in the market adapted by developing advanced and smart munition technologies. Challenges in supply chain logistics prompted a reevaluation of sourcing strategies, showcasing the market`s resilience by aligning with the evolving needs of defense agencies for effective and technologically advanced precision-guided munition systems.
Key players in the UAE Precision Guided Munition Market include Lockheed Martin Corporation, Raytheon Technologies Corporation, and BAE Systems plc. Lockheed Martin Corporation and BAE Systems plc, both American and British multinational defense companies, respectively, have been significant contributors to providing precision-guided munitions in the UAE. Raytheon Technologies Corporation, an American aerospace and defense company, is also a key player contributing to the Precision Guided Munition Market in the UAE.
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 United Arab Emirates (UAE) Precision Guided Munition Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Precision Guided Munition Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Precision Guided Munition Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume Share, By Speed, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume Share, By Mode of Operation, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume Share, By Launch Platform, 2021 & 2031F |
4 United Arab Emirates (UAE) Precision Guided Munition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Precision Guided Munition Market Trends |
6 United Arab Emirates (UAE) Precision Guided Munition Market, By Types |
6.1 United Arab Emirates (UAE) Precision Guided Munition Market, By Speed |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume, By Speed, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume, By Subsonic, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume, By Supersonic, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume, By Hypersonic, 2021-2031F |
6.2 United Arab Emirates (UAE) Precision Guided Munition Market, By Mode of Operation |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume, By Semi-autonomous , 2021-2031F |
6.2.3 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume, By Autonomous, 2021-2031F |
6.3 United Arab Emirates (UAE) Precision Guided Munition Market, By Launch Platform |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume, By Land, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume, By Airborne , 2021-2031F |
6.3.4 United Arab Emirates (UAE) Precision Guided Munition Market Revenues & Volume, By Naval, 2021-2031F |
7 United Arab Emirates (UAE) Precision Guided Munition Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Precision Guided Munition Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Precision Guided Munition Market Imports from Major Countries |
8 United Arab Emirates (UAE) Precision Guided Munition Market Key Performance Indicators |
9 United Arab Emirates (UAE) Precision Guided Munition Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Precision Guided Munition Market Opportunity Assessment, By Speed, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Precision Guided Munition Market Opportunity Assessment, By Mode of Operation, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Precision Guided Munition Market Opportunity Assessment, By Launch Platform, 2021 & 2031F |
10 United Arab Emirates (UAE) Precision Guided Munition Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Precision Guided Munition Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Precision Guided Munition Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |