Global Smart Weapons Market is Expected to Reach $19.71 billion by 2023

Report Sellers has added a new market research report “Smart Weapons - Global Market Outlook (2017-23)” to its offerings.

According to Report, Global Smart Weapons Market is expected to grow from $12.12 billion in 2016 to reach $19.71 billion by 2023 with a CAGR of 7.1%. Increasing number of innovations and replacement programs, growing demand for precision weapons and decreasing burden on logistics are some factors favoring the market. However, arms transfer regulations and decreasing defense budgets of developed economies are some restraints hampering the market growth. On the other hand, increasing demand in emerging nations, regularity of weapons and threat from terrorism are the significant opportunities for the market size over the forecast period.

By platform, land segment dominates the global market due to growing need for anti tank missile systems by U.S. government. North America is expected to witness significant growth rate due to growing demand for counter terrorist activities and military equipment modernization.

Some of the key players in this market include Thales Group, Raytheon Company, Lockheed, Martin Corporation, SAAB Group, Northrop Grumman Corporation, Textron Inc., L-3 Communications Holdings, Inc., General Dynamics Corporation, Rheinmetall Ag, BAE Systems, PLC, MBDA, Inc., Orbital ATK and The Boeing Company.

Browse through the complete description and in-depth TOC on “Global Smart Weapons Market”
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What does the Report Offers

Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends

Report Scope

Global Smart Weapons Market has been segmented by platforms covered, technologies covered, products covered, products covered and regions covered

Platforms Covered:
Airborne
Land-Based
Naval

Technologies Covered:
Lasers
Radar
o Passive Homing
o Active Homing
Global Positioning System (GPS) 
Infrared 
o IR Homing
o IIR Homing
Other Technologies 

Products Covered:
Guided Firearms 
o Smart Guns Weapons 
o Small Smart Weapons 
o Shoulder-Fired Weapons 
Guided Rockets 
o Anti-Submarine 
o Anti-Tank & Tactical 
o Air-To-Air & Air-To-Surface 
Munitions 
o Target Pods 
o Guided Bombs 
Guided Projectiles 
o Guided Artillery Shells 
o Guided Mortar Rounds 
Missiles 
o Anti-Ship & Anti-Submarine Missiles 
o Anti-Tank Missiles 
o Air-To-Air & Air-To-Surface Missiles

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan 
China 
India 
Australia 
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE

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