About Smart Weapons
Smart weapons are guided weapons that can accurately strike a stationary or mobile target. These weapons locate the targets with the help of various guidance systems such as cameras, infrared, GPS, lasers, and satellites. Since their inception, such weapons have continued to evolve and provide the military and paramilitary forces with high accuracy, wide range, and increased lethality. With the increasing modernization in weapon manufacturing technologies and the growing demand for accuracy of air-to-air, air-to-ground, or ground-to-ground strikes, many smart weapons have been developed. Advances in smart weapons would further enhance the capability and efficiency of the military units.


Technavio’s analysts forecast the global Smart Weapons market to grow at a CAGR of 5.55% during the period 2017-2021.


Covered in this Report
The report covers the present scenario and the growth prospects of the global smart weapons market for 2017-2021. To calculate the market size, the report considers the recent sales.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA



Technavio’s report, Global Smart Weapons Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.


Key Vendors

  • General Dynamics
  • Lockheed Martin
  • MBDA
  • Orbital ATK
  • Raytheon



Other Prominent Vendors

  • Boeing
  • L3 Technologies
  • Rheinmetall AG
  • Textron Systems
  • Thales Group




Market Driver

  • Development of precision-guided weapons
  • For a full, detailed list, view our report




Market Challenge

  • Issues associated with smart weapons
  • For a full, detailed list, view our report




Market Trend

  • Development of advanced weapon systems
  • For a full, detailed list, view our report




Key Questions Answered in this Report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?




You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.



Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.