Precision Guided Munitions Market size is at a CAGR of 5.5% The Global Precision Guided Munitions Market size is expected to be worth around USD 64.7 Billion By 2034, from USD 37.9 billion in 2024, growing at a CAGR of 5.5% during the forecast period from 2025 to 2034. In 2024, North America held a dominant market position, capturing more than a 38% share, holding USD 14.4 Billion revenue.. Read more - https://market.us/report/precision-guided-munitions-market/ The Precision Guided Munitions (PGM) are advanced weapon systems designed to accurately strike specific targets while minimizing collateral damage. These munitions include missiles, bombs, and artillery shells equipped with guidance systems like GPS, laser, or infrared targeting. They offer high accuracy and lethality, which are essential in modern warfare scenarios. PGMs are especially important in minimizing risks to civilians and infrastructure while ensuring mission success. Their growing importance in military operations worldwide is driven by evolving security threats, the need for precision in combat, and increased demand for smarter, more effective weapons.