Military Security & Defence Market Research News

Comprehensive analysis of global smart weapons industry just published

Military Market Research

The 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%.

According to Publisher, 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.

For more information about this report:…outlook-2017-2023

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.

Platforms Covered:

Technologies Covered:
- Passive Homing
- Active Homing
-Global Positioning System (GPS) 
- IR Homing
- IIR Homing
-Other Technologies 

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

Regions Covered:
-North America
- US
- Canada
- Mexico
- Germany
- France
- Italy
- UK 
- Spain 
- Rest of Europe 
-Asia Pacific
- Japan 
- China 
- India 
- Australia 
- New Zealand 
- Rest of Asia Pacific 
-Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt

Company Profiling 
10.1 Thales Group 
10.2 Raytheon Company 
10.3 Lockheed Martin Corporation 
10.4 SAAB Group 
10.5 Northrop Grumman Corporation 
10.6 Textron Inc. 
10.7 L-3 Communications Holdings, Inc. 
10.8 General Dynamics Corporation 
10.9 Rheinmetall Ag 
10.10 BAE Systems, PLC. 
10.11 MBDA, Inc. 
10.12 Orbital ATK 
10.13 The Boeing Company 

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