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Cluster Munitions-Global Market Insights and Sales Trends 2024
Synopsis
A cluster munition is an air-dropped or ground-launched explosive weapon that ejects smaller submunitions. Cluster bombs release explosive projectiles, which are designed to destroy vehicles, disperse chemical or biological weapons, scatter landmines, and kill personnel. These cluster bombs release many small munitions over a wide area, posing risks to civilians both during attacks and after attacks. Unexploded bomblets can kill civilians and unintended targets long after the conflict has ended as they remain difficult to locate and remove.
The global Cluster Munitions market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Cluster Munitions in various end use industries. The expanding demands from the Manoeuvre and Defend, are propelling Cluster Munitions market. Anti-Tank Cluster Munitions, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Anti-Personnel Cluster Munitions segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cluster Munitions, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cluster Munitions market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cluster Munitions market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cluster Munitions sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cluster Munitions covered in this report include Textron Systems, IMI Systems, L-3 Fuzing And Ordnance Systems(L3 FOS), Lockheed Martin, NORINCO, Northrop Grumman, Aeroteh and China Aerospace Science And Technology, etc.
The global Cluster Munitions market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Textron Systems
IMI Systems
L-3 Fuzing And Ordnance Systems(L3 FOS)
Lockheed Martin
NORINCO
Northrop Grumman
Aeroteh
China Aerospace Science And Technology
Global Cluster Munitions market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cluster Munitions market, Segment by Type:
Anti-Tank Cluster Munitions
Anti-Personnel Cluster Munitions
Global Cluster Munitions market, by Application
Manoeuvre
Defend
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Cluster Munitions manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Cluster Munitions in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A cluster munition is an air-dropped or ground-launched explosive weapon that ejects smaller submunitions. Cluster bombs release explosive projectiles, which are designed to destroy vehicles, disperse chemical or biological weapons, scatter landmines, and kill personnel. These cluster bombs release many small munitions over a wide area, posing risks to civilians both during attacks and after attacks. Unexploded bomblets can kill civilians and unintended targets long after the conflict has ended as they remain difficult to locate and remove.
The global Cluster Munitions market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Cluster Munitions in various end use industries. The expanding demands from the Manoeuvre and Defend, are propelling Cluster Munitions market. Anti-Tank Cluster Munitions, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Anti-Personnel Cluster Munitions segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cluster Munitions, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cluster Munitions market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cluster Munitions market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cluster Munitions sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cluster Munitions covered in this report include Textron Systems, IMI Systems, L-3 Fuzing And Ordnance Systems(L3 FOS), Lockheed Martin, NORINCO, Northrop Grumman, Aeroteh and China Aerospace Science And Technology, etc.
The global Cluster Munitions market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Textron Systems
IMI Systems
L-3 Fuzing And Ordnance Systems(L3 FOS)
Lockheed Martin
NORINCO
Northrop Grumman
Aeroteh
China Aerospace Science And Technology
Global Cluster Munitions market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cluster Munitions market, Segment by Type:
Anti-Tank Cluster Munitions
Anti-Personnel Cluster Munitions
Global Cluster Munitions market, by Application
Manoeuvre
Defend
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Cluster Munitions manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Cluster Munitions in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Cluster Munitions Market Overview
1.1 Cluster Munitions Product Overview
1.2 Cluster Munitions Market Segment by Type
1.2.1 Anti-Tank Cluster Munitions
1.2.2 Anti-Personnel Cluster Munitions
1.3 Global Cluster Munitions Market Size by Type
1.3.1 Global Cluster Munitions Market Size Overview by Type (2018-2029)
1.3.2 Global Cluster Munitions Historic Market Size Review by Type (2018-2023)
1.3.3 Global Cluster Munitions Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Cluster Munitions Sales Breakdown by Type (2018-2023)
1.4.2 Europe Cluster Munitions Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Cluster Munitions Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Cluster Munitions Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Cluster Munitions Sales Breakdown by Type (2018-2023)
2 Global Cluster Munitions Market Competition by Company
2.1 Global Top Players by Cluster Munitions Sales (2018-2023)
2.2 Global Top Players by Cluster Munitions Revenue (2018-2023)
2.3 Global Top Players by Cluster Munitions Price (2018-2023)
2.4 Global Top Manufacturers Cluster Munitions Manufacturing Base Distribution, Sales Area, Product Type
2.5 Cluster Munitions Market Competitive Situation and Trends
2.5.1 Cluster Munitions Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Cluster Munitions Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Cluster Munitions as of 2022)
2.7 Date of Key Manufacturers Enter into Cluster Munitions Market
2.8 Key Manufacturers Cluster Munitions Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Cluster Munitions Status and Outlook by Region
3.1 Global Cluster Munitions Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Cluster Munitions Historic Market Size by Region
3.2.1 Global Cluster Munitions Sales in Volume by Region (2018-2023)
3.2.2 Global Cluster Munitions Sales in Value by Region (2018-2023)
3.2.3 Global Cluster Munitions Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Cluster Munitions Forecasted Market Size by Region
3.3.1 Global Cluster Munitions Sales in Volume by Region (2024-2029)
3.3.2 Global Cluster Munitions Sales in Value by Region (2024-2029)
3.3.3 Global Cluster Munitions Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Cluster Munitions by Application
4.1 Cluster Munitions Market Segment by Application
4.1.1 Manoeuvre
4.1.2 Defend
4.2 Global Cluster Munitions Market Size by Application
4.2.1 Global Cluster Munitions Market Size Overview by Application (2018-2029)
4.2.2 Global Cluster Munitions Historic Market Size Review by Application (2018-2023)
4.2.3 Global Cluster Munitions Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Cluster Munitions Sales Breakdown by Application (2018-2023)
4.3.2 Europe Cluster Munitions Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Cluster Munitions Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Cluster Munitions Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Cluster Munitions Sales Breakdown by Application (2018-2023)
5 North America Cluster Munitions by Country
5.1 North America Cluster Munitions Historic Market Size by Country
5.1.1 North America Cluster Munitions Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Cluster Munitions Sales in Volume by Country (2018-2023)
5.1.3 North America Cluster Munitions Sales in Value by Country (2018-2023)
5.2 North America Cluster Munitions Forecasted Market Size by Country
5.2.1 North America Cluster Munitions Sales in Volume by Country (2024-2029)
5.2.2 North America Cluster Munitions Sales in Value by Country (2024-2029)
6 Europe Cluster Munitions by Country
6.1 Europe Cluster Munitions Historic Market Size by Country
6.1.1 Europe Cluster Munitions Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Cluster Munitions Sales in Volume by Country (2018-2023)
6.1.3 Europe Cluster Munitions Sales in Value by Country (2018-2023)
6.2 Europe Cluster Munitions Forecasted Market Size by Country
6.2.1 Europe Cluster Munitions Sales in Volume by Country (2024-2029)
6.2.2 Europe Cluster Munitions Sales in Value by Country (2024-2029)
7 Asia-Pacific Cluster Munitions by Region
7.1 Asia-Pacific Cluster Munitions Historic Market Size by Region
7.1.1 Asia-Pacific Cluster Munitions Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Cluster Munitions Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Cluster Munitions Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Cluster Munitions Forecasted Market Size by Region
7.2.1 Asia-Pacific Cluster Munitions Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Cluster Munitions Sales in Value by Region (2024-2029)
8 Latin America Cluster Munitions by Country
8.1 Latin America Cluster Munitions Historic Market Size by Country
8.1.1 Latin America Cluster Munitions Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Cluster Munitions Sales in Volume by Country (2018-2023)
8.1.3 Latin America Cluster Munitions Sales in Value by Country (2018-2023)
8.2 Latin America Cluster Munitions Forecasted Market Size by Country
8.2.1 Latin America Cluster Munitions Sales in Volume by Country (2024-2029)
8.2.2 Latin America Cluster Munitions Sales in Value by Country (2024-2029)
9 Middle East and Africa Cluster Munitions by Country
9.1 Middle East and Africa Cluster Munitions Historic Market Size by Country
9.1.1 Middle East and Africa Cluster Munitions Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Cluster Munitions Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Cluster Munitions Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Cluster Munitions Forecasted Market Size by Country
9.2.1 Middle East and Africa Cluster Munitions Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Cluster Munitions Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Textron Systems
10.1.1 Textron Systems Company Information
10.1.2 Textron Systems Introduction and Business Overview
10.1.3 Textron Systems Cluster Munitions Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Textron Systems Cluster Munitions Products Offered
10.1.5 Textron Systems Recent Development
10.2 IMI Systems
10.2.1 IMI Systems Company Information
10.2.2 IMI Systems Introduction and Business Overview
10.2.3 IMI Systems Cluster Munitions Sales, Revenue and Gross Margin (2018-2023)
10.2.4 IMI Systems Cluster Munitions Products Offered
10.2.5 IMI Systems Recent Development
10.3 L-3 Fuzing And Ordnance Systems(L3 FOS)
10.3.1 L-3 Fuzing And Ordnance Systems(L3 FOS) Company Information
10.3.2 L-3 Fuzing And Ordnance Systems(L3 FOS) Introduction and Business Overview
10.3.3 L-3 Fuzing And Ordnance Systems(L3 FOS) Cluster Munitions Sales, Revenue and Gross Margin (2018-2023)
10.3.4 L-3 Fuzing And Ordnance Systems(L3 FOS) Cluster Munitions Products Offered
10.3.5 L-3 Fuzing And Ordnance Systems(L3 FOS) Recent Development
10.4 Lockheed Martin
10.4.1 Lockheed Martin Company Information
10.4.2 Lockheed Martin Introduction and Business Overview
10.4.3 Lockheed Martin Cluster Munitions Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Lockheed Martin Cluster Munitions Products Offered
10.4.5 Lockheed Martin Recent Development
10.5 NORINCO
10.5.1 NORINCO Company Information
10.5.2 NORINCO Introduction and Business Overview
10.5.3 NORINCO Cluster Munitions Sales, Revenue and Gross Margin (2018-2023)
10.5.4 NORINCO Cluster Munitions Products Offered
10.5.5 NORINCO Recent Development
10.6 Northrop Grumman
10.6.1 Northrop Grumman Company Information
10.6.2 Northrop Grumman Introduction and Business Overview
10.6.3 Northrop Grumman Cluster Munitions Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Northrop Grumman Cluster Munitions Products Offered
10.6.5 Northrop Grumman Recent Development
10.7 Aeroteh
10.7.1 Aeroteh Company Information
10.7.2 Aeroteh Introduction and Business Overview
10.7.3 Aeroteh Cluster Munitions Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Aeroteh Cluster Munitions Products Offered
10.7.5 Aeroteh Recent Development
10.8 China Aerospace Science And Technology
10.8.1 China Aerospace Science And Technology Company Information
10.8.2 China Aerospace Science And Technology Introduction and Business Overview
10.8.3 China Aerospace Science And Technology Cluster Munitions Sales, Revenue and Gross Margin (2018-2023)
10.8.4 China Aerospace Science And Technology Cluster Munitions Products Offered
10.8.5 China Aerospace Science And Technology Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Cluster Munitions Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Cluster Munitions Industrial Chain Analysis
11.4 Cluster Munitions Market Dynamics
11.4.1 Cluster Munitions Industry Trends
11.4.2 Cluster Munitions Market Drivers
11.4.3 Cluster Munitions Market Challenges
11.4.4 Cluster Munitions Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Cluster Munitions Distributors
12.3 Cluster Munitions Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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