Cluster Munitions Market

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.
Cluster Munitions Market contains market size and forecasts of Cluster Munitions in global, including the following market information:
Global Cluster Munitions Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Cluster Munitions Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Cluster Munitions companies in 2021 (%)
The global Cluster Munitions market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Anti-Tank Cluster Munitions Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cluster Munitions 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. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Cluster Munitions manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cluster Munitions Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Cluster Munitions Market Segment Percentages, by Type, 2021 (%)
Anti-Tank Cluster Munitions
Anti-Personnel Cluster Munitions
Global Cluster Munitions Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Cluster Munitions Market Segment Percentages, by Application, 2021 (%)
Manoeuvre
Defend
Global Cluster Munitions Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Cluster Munitions Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cluster Munitions revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Cluster Munitions revenues share in global market, 2021 (%)
Key companies Cluster Munitions sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Cluster Munitions sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Textron Systems
IMI Systems
L-3 Fuzing And Ordnance Systems(L3 FOS)
Lockheed Martin
NORINCO
Northrop Grumman
Aeroteh
China Aerospace Science And Technology