Guided Rocket Market PPT
                     Guided Rocket Market by 
Launch Mode (Air-to-surface, 
Air-to-air) and by Product (Anti-
submarine, Anti-tank and 
Tactical rockets, Anti-satellite 
weapons (ASAT), Others): 
Global Opportunity Analysis and 
Industry Forecast, 2023-2032
Guided Rocket Market by Launch Mode
Guided rocket is an assisted self-propelled flight, airborne range weapon, which is powered 
by a rocket motor or a jet engine combined of an explosive material and the guidance 
system capable to carry out attack on an intended target and being launched by different 
launch platforms. Guided rocket comprises engine, guidance/targeting system, warhead, 
and flight system. 
However, major constraints of the guided rocket market growth include cooling of 
combustion chamber and high development costs of rockets.
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Guided Rocket Market by Launch Mode
Improvement in technology of advanced warfare, increase in adoption of automatic target 
recognition (ATR) rocket systems, and rise in utilization of self-propelled guided missile 
are the factors that drive the guided rocket market. However, major constraints of the 
guided rocket market growth include cooling of combustion chamber and high 
development costs of rockets. Contrarily, increase in use of laser-guided rockets and rise 
in use of solid fuel & additive manufacturing technology present new opportunities for the 
industry.
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Guided Rocket Market by Launch Mode
Globally, several defense forces have started the adoption of advanced warfare 
technique to combat the growing threats of terrorism and extortion. Advanced 
technologies such as command & control, communications, computers, cyber defense, 
intelligence, surveillance and reconnaissance (C5ISR) have observed rise in adoption 
for enhancement of warfare techniques. For instance, Lockheed Martin received a 
contract from the U.S. Army for Guided Multiple Launch Rocket System (GMLRS) rocket 
and associated equipment worth $828 million in 2018. 
Guided Rocket Market by Launch Mode
Key Benefits
•This study presents the analytical depiction of the guided rocket industry along with the 
current trends and future estimations to determine the imminent investment pockets.
•The report presents information related to key drivers, restraints, and opportunities along 
with detailed analysis of the guided rocket market share.
•The current market is quantitatively analyzed to highlight the guided rocket market 
growth scenario.
•Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
•The report provides a detailed guided rocket market analysis depending on competitive 
intensity and how the competition will take shape in coming years. 
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Guided Rocket Market by Launch Mode
Guided Rocket Market by Launch Mode Key Segments :
By Region
•North America
• U.S.
• Canada
•Europe
• UK
• Germany
• France
• Rest of Europe
• Latin America 
• Brazil
• Mexico
• Rest of LATAM
•Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
• Middle East
• Africa
Guided Rocket Market by Launch Mode
Segment Overview
Automatic target recognition (ATR) rockets use data derived from the sensors to 
differentiate between target and irrelevant objects. Main function of ATR system is to 
ascertain rival targets such as howitzers, military tanks, and personnel carriers by 
employment of laser/radar sensors. For instance, in 2020, Leidos Inc., Reston, Virginia was 
awarded $12 million by Space Development Agency SETA Support for research and 
development of Compact Automatic Target Recognition and Sustainable Environment 
technology foundation to provide ground and air target combat identification systems. 
Adoption of ATR rocket systems aids in subsequent growth of guided rocket market.
Guided Rocket Market by Launch Mode
Key players profiled in the report 
include 
• General Dynamics Corporation
• Leonardo
• Northrop Grumman Corporation
• Lockheed Martin Corporation
• Boeing
• Rafael Advanced Defense Systems Ltd
• Raytheon Company
• MBDA Inc.
• Thales Group
• Roketsan A.S.
Guided Rocket Market by Launch Mode
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
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Fax: +1-800-792-5285
[email protected] 
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