Smart Weapons Market Growth, Size, Trends Analysis - By Product, By Technology, By Platform - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Smart Weapons Market Introduction and Overview

According to SPER market research, 'Global Smart Weapons Market Size- By Product, By Technology, By Platform - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Smart Weapons Market is predicted to reach 37.32 billion by 2034 with a CAGR of 6.57%.

Smart weapons are munitions that are guided by computers, capable of striking a target with exceptional accuracy using bullets, land mines, and integrated computer systems. They incorporate technologies such as laser guidance, television systems, satellite navigation, artificial intelligence (AI), and machine learning (ML). These sophisticated technologies support military personnel in engaging combatants on the battlefield while minimizing or mitigating collateral damage.

Restraints: The creation and procurement of Smart Weapons necessitate considerable financial resources, rendering them costly for numerous nations. The expenses associated with research and development (R&D) of cutting-edge technologies, including artificial intelligence, autonomous systems, and precision-guided munitions, are substantial. Moreover, the production of these weapons entails the use of specialized materials and complex processes, further escalating costs.

Scope of the report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Product, By Technology, By Platform

Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered BAE Systems plc, Elbit Systems Ltd, General Dynamics Corporation, Israel Aerospace Industries Ltd, L3Harris Technologies Inc, Leonardo S.p.A, Lockheed Martin Corporation, MBDA, Northrop Grumman Corporation, Raytheon Technologies Corporation, Rheinmetall AG, Saab AB.

Global Smart Weapons Market Segmentation:

By Product: Based on the Product, Global Smart Weapons Market is segmented as; Missiles, Munitions, Guided Projectiles, Guided Rockets, Precision Guided Firearms.

By Technology: Based on the Technology, Global Smart Weapons Market is segmented as; Laser, Radar, GPS, Infrared, Others.

By Platform: Based on the Platform, Global Smart Weapons Market is segmented as; Air, Land, Naval.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Product Code: AERO2514

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Smart Weapons Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Smart Weapons Market

7. Global Smart Weapons Market, By Product (USD Million) 2021-2034

7.1. Product
- 7.1.1. Anti-tank Missiles & Standoff Missiles
- 7.1.2. Air-to-Air & Air-toa€"Surface Missile
- 7.1.3. Anti-Ship & Anti-Submarine Missile
7.2. Munitions
- 7.2.1. Guided Bombs
- 7.2.2. Target Pods
7.3. Guided Projectiles
- 7.3.1. Artillery Shells
- 7.3.2. Mortar Rounds
7.4. Guided Rockets
- 7.4.1. Anti-tank & Tactical rockets
- 7.4.2. Air-to-Air & Air-to-Surface
- 7.4.3. Anti-Submarine
7.5. Precision Guided Firearms
- 7.5.1. Small Smart Weapons
- 7.5.2. Shoulder Fired Weapons
- 7.5.3. Smart Guns

8. Global Smart Weapons Market, By Technology (USD Million) 2021-2034

8.1. Laser
8.2. Radar
- 8.2.1. Active Homing
- 8.2.2. Passive Homing
8.3. GPS
8.4. Infrared
- 8.4.1. IIR Homing
- 8.4.2. IR Homing
8.5. Others

9. Global Smart Weapons Market, By Platform (USD Million) 2021-2034

9.1. Air
9.2. Land
9.3. Naval

10. Global Smart Weapons Market, (USD Million) 2021-2034

10.1. Global Smart Weapons Market Size and Market Share

11. Global Smart Weapons Market, By Region, (USD Million) 2021-2034

11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America

12. Company Profile

12.1. BAE Systems plc
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
12.2. Elbit Systems Ltd
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
12.3. General Dynamics Corporation
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
12.4. Israel Aerospace Industries Ltd
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
12.5. L3Harris Technologies Inc
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
12.6. Leonardo S.p.A
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
12.7. Lockheed Martin Corporation
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
12.8. MBDA
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
12.9. Northrop Grumman Corporation
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
12.10. Raytheon Technologies Corporation
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
12.11. Rheinmetall AG
- 12.11.1. Company details
- 12.11.2. Financial outlook
- 12.11.3. Product summary
- 12.11.4. Recent developments
12.12. Saab AB
- 12.12.1. Company details
- 12.12.2. Financial outlook
- 12.12.3. Product summary
- 12.12.4. Recent developments
12.13. Others