Press Release

Smart Weapons Global Market to Top $46 billion by 2020

September 26th, 2012

Global Information Inc. would like to present a new market research report, "Smart Weapons - Global Markets and Technologies 2013-2020" by Market Info Group LLC.

Smart Weapons are attracting ever increasing procurement and RD&E funds, as there virtually is no significant military organization and branch that is not looking into ways to integrate them into its arsenal.

Consequently, MiGs new Smart Weapons - Global Markets & Technologies Forecast report estimates that the Global Smart Weapons market will grow to about $46 billion in 2020.

MiGs new, multi-scenario forecast examines, analyzes and predicts the evolution of Smart Weapon technologies, markets and outlays (expenditures) over the next eight years - 2013-2020.


Note: This chart represent the market forecast for the other than Surface-to-Air missiles technologies.

The report examines regional aspects of these markets, focusing on the top 95% by value, in the United States, Europe and Asia.

Within these regions, the forecasts expert Lead Analyst - a former consultant to NATO and other defense organizations, as well as a business analyst with Deloitte and Touche -s explores nine broad Smart Weapons technologies:

  • Air-to-Ground Missiles
  • Surface-to-Air Missiles
  • Smart Bombs
  • Directed Energy Weapons
  • Stand-Off Missiles
  • Precision Artillery Munition
  • Electro-Magnetic Pulse Weapons
  • Smart Bullets
  • Non-Lethal Smart Weapons

The report also analyses and forecasts, amongst others, these issues:

  • Commercial Smart Weapons Profit Centers
  • Non Traditional Threats To US Security
  • Deficit Reduction in the US and Europe
  • Changes In Procurement Patterns of the US Military
  • Growth in India and China
  • Merger and Acquisitions Activity
  • Ending of the combat missions in Iraq and Afghanistan
  • Aging Military Equipment

Furthermore, the report examines global regulatory and political trends that are led by international aviation organizations like the U.S. Federal Aviation Administration and the strong influence these policies are having on these markets and technologies.

Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms.

Product Code : 248833