Global Smart Bullets Market Growth Analysis By Focusing Key Players: Raytheon, Lockheed Martin, Dassault Aviation, BAE Systems, Taser International and General Dynamics, Northrop Grumman, Textron Defense Systems, Thales Group
Smart weapons are missiles and bombs that are known for their accuracy and are directed by lasers and other prominent means. Given the need of these weapons in warfare, product demand is anticipated to increase over the forecast period. In addition, high demand for the weapons is attributable to the competitive advantages providing accurate, reliable first short and quick hit capability coupled with overall reduction in the logistics carrying cost.
Smart Bullets Market size is anticipated to witness a surge in demand due to growing security concerns resulted by the rise in terrorist organizations and events. In the recent years, arms race has been observed among several countries including India, Pakistan and China that is further projected to boost industry demand.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2152
Top Key Players: -
Some of the dominating smart bullets market players include Raytheon, Lockheed Martin, Dassault Aviation, BAE Systems, Taser International and General Dynamics. Other prominent players are Northrop Grumman, Textron Defense Systems, Thales Group, Harris Corporation and Boeing Corporation.
Market share calculation in this report is not done based on companies covered in it. The calculation of smart bullets market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
North America leads the global smart bullets market due to increasing focus of the U.S. administration towards the integration of technologically improved weapons into its defense list. Moreover, the U.S. government is even a crucial customer in North America as well on a global level.
Asia Pacific is expected to witness fastest industry growth by 2024 owing to increase in investments by various countries for advanced weaponry. Additionally, continuous conflicts in countries including China, India, Ukraine, Lebanon, Afghanistan and Pakistan is another major factor positively impacting the demand as well as the growth of the global smart bullets market.
As per Stockholm International Peace Research Institute (SIPRI), the U.S., China, India, Saudi Arabia and Russia are the key countries having maximum expenditure in the overall smart bullets market. In 2017, the U.S. government boosted their defense system by spending over USD 611.2 billion, in order to help the law enforcement to keep the terrorists out of the country. Even the Indian government announced to increase their defense budget over 6.2%. This budget comprises the purchase of new weapons, aircrafts, equipment, naval warships and army vehicles.
Request for customization of this report @ https://www.gminsights.com/roc/2152
On the basis of product types, self-guided products are increasing becoming well recognized in the global defense industry. Superior features including tracking the target path, changes in the speed, automatic data transfer are key factors supporting product penetration. Furthermore, the product come with various advantages including improved fatality with aim point range. They are even active against moving targets. Thus, boosting the overall smart bullets market growth.
Military agencies and missile suppliers are heavily investing in improving the capabilities of small bombs that are fired from unmanned aerial vehicles (UAVs) owing to shifting conventional approaches for carrying out air-to-surface missile attacks. Development of small missiles that is supported by the miniaturization of improved guidance technology will encourage several organizations to invest in the procurement of these missiles. Thereby, subsequently fueling the growth of the smart bullets market size.
Increasing demand for powerful striking power and efficient defense system along with enhanced efficiency of weapon navigation technologies will foster product penetration. Moreover, stringent government protocols aimed at reducing global arms transfer and to maintaining peace are key driving factors for the global smart bullets market growth.
Browse Full Report @ https://bit.ly/2j2fI0P
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Smart Bullets Market Growth Analysis By Focusing Key Players: Raytheon, Lockheed Martin, Dassault Aviation, BAE Systems, Taser International and General Dynamics, Northrop Grumman, Textron Defense Systems, Thales Group here
News-ID: 1235031 • Views: 170
More Releases from Global Market Insights, Inc.
Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing
More Releases for India
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will
ISO 27001 india, 27001 training india ISO, 17799 training india ISO, Compliance …
Our foundation of service delivery is based on sound research - thereby customers realizing definitive delight and Assurance resilience in their management system. We provide Consulting Services for ISO 27001 india, 27001 training india ISO,17799 training India ISO Security, BCM/BS25999, SAS 70, COBIT Implementation, Annual Compliance Check, Best Practices Implementation, & Quick Gap Analysis. It is a set of ‘best practices’ controls - management and systems - that enables