Precision Guided Mortar Market Forecast: Advancements in Precision...

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2026-10-22 10:43:20 -

Precision Guided Mortar Market Forecast: Advancements in Precision Strike Capabilities, Modernization of Defense Systems, and Increasing Military Investments to Shape Future Industry Opportunities

According to IntelMarketResearch Global Precision‑Guided Mortar (PGMM) Market size was valued at USD 0.42 billion in 2025. The market is projected to grow from USD 0.45 billion in 2026 to USD 0.78 billion by 2034, exhibiting a CAGR of 6.9 % during the forecast period. Precision‑guided mortars are advanced munition systems engineered to significantly improve targeting accuracy and operational...

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