PUBLISHER: Allied Market Research | PRODUCT CODE: 1193064
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193064
A smart bullet is an advanced bullet, which can follow its proposed route instead of following the trajectory. It also carries out activities like whirling, altering the pace as well as transferring the data. The smart bullet provides longer range and accuracy to shooters at in unpredictable weather conditions. Smart weapons guidance technology can be infrared, electro-optical, or laser. The guidance technology consists of sensors to detect a target and lock the weapon onto the target.
Increasing investments in autonomous weapons and related infrastructure has become quite important for defense forces throughout the globe. A shift toward digitization is crucial for defense forces to enhance situational awareness, upgrade their systems, quicken transmission of information, and analyze any adverse situation effectively, which is expected to fuel the demand for smart bullets.
The smart bullet market is segmented on the caliber, component, application, type and region. By caliber, the market is further divided into less than 0.50 caliber, and more than 0.50 caliber. . By component, the market is classified into actuator, sensors, microchips, and others. On the basis of application, it is divided into airborne, land, and naval. By type, it is segmented into line guided and self-guided. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights key areas of investments. In addition, it includes Porter's five forces analysis to understand competitive scenario of the industry and role of each stakeholder. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights competitive landscape of key players to increase their market share and sustain intense competition in the industry.
The key players that operate in this market are Axon Enterprise, Inc., BAE Systems Plc., Dassault Aviation, General Dynamics Corporation, L3Harris Technologies, Inc., Leonardo S.p.A., Lockheed Martin Corporation, Louisiana Tech University, Northrop Grumman Corporation, Raytheon Technologies Corporation, Textron Inc., Thales Group, The Boeing Company, and University of Florida.
Key Benefits For Stakeholders
By Caliber
By Component
By Application
By Type
By Region