Press release
Smart Weapons Market Is Likely To Drive And Bring Huge Surge In Growth And Demand In The Industry | Lockheed Martin, MBDA, Inc., Orbital ATK, General Dynamics Corporation
The global smart weapons market size is expected to grow from $12.56 billion in 2021 to $13.21 billion in 2022 at a compound annual growth rate (CAGR) of 5.14%. The growth in the market is mainly due to the companies' resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global smart weapon market size is expected to reach $16.80 billion in 2026 at a CAGR of 6.20%.The Business Research Company offers the Smart Weapons Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The smart weapon market consists of sales of smart weapons by entities (organizations, sole traders, and partnerships) that are computer-guided weapons embedded with sensors and guided systems. These precision-guided weapons can hit targets with high accuracy and precision and are operated remotely, assisted by the use of external operating systems.
Some key smart weapon market players are Lockheed Martin, MBDA, Inc., Orbital ATK, General Dynamics Corporation, BAE Systems, The Boeing Co., Textron, Inc., MBDA, Northrop Grumman, Raytheon Company, Rheinmetall AG, Thales Group, Israel Aerospace Industries, Denel Dynamics, Rafael Advanced Defense Systems Ltd. BAE Systems, L-3 Fuzing And Ordnance Systems Inc., L3Harris Technologies Inc., Alliant Techsystems Inc., Airbus Group, Leonardo-Finmeccanica, Saab AB, Aselsan A.S., Diehl Stiftung & Co. KG, General Dynamics, OTO Melara S.P.A, United Technologies Corporation, China Aerospace Science & Industry Corp, Orbital ATK, Textron Inc., IAI, and Rafael Advanced Defense Systems Ltd.
The countries covered in the global smart weapon market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global smart weapon market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Smart Weapon Market Segmentation:
By Type
1. Air-to-Ground Missiles
2. Surface-to-Air Missiles
3. Smart Bombs
4. Sensor Fused Weapons
5. Directed Energy Weapons
6. Precision Artillery Munitions
7. Electromagnetic Pulse Weapons
8. Smart Bullets
By Platform
1. Air
2. Naval
3. Land
By Technology
1. Laser Guidance
2. Infrared Guidance
3. Radar Guidance
4. Satellite Guidance
See more on the report at https://www.thebusinessresearchcompany.com/report/smart-weapons-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Smart Weapons Market Characteristics
3. Smart Weapons Market Trends And Strategies
4. Impact Of COVID-19 On Smart Weapons
5. Smart Weapons Market Size And Growth
……
26. Africa Smart Weapons Market
27. Smart Weapons Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Weapons Market
29. Smart Weapons Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the smart weapon market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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