Press Release
Global Smart Weapons Market is Expected to Reach $19 Billion by 2024, Says, Variant Market Research
 Published Date:  Apr 2017  Publish By: Variant Market Research

Global Smart Weapons Market Report, published by Variant Market Research, forecast that the global market is expected to reach $19 billion by 2024 from $12 billion in 2016, growing at a CAGR of 6.4% from 2016 to 2024. By geography, North America and Europe are expected to grow at a CAGR of 6.9% and 6.5%, respectively, during the forecast period.

"Smart Weapons Market (By Type: Surface-To-Air Missiles, Electro-Magnetic Pulse Weapons, Air-To-Ground Missiles, Smart Bombs, Direct Energy Weapons, Sensor Fused Weapons, , Smart Bullets, Precision Artillery Munitions, and Others; By Geography: North America, Europe, Asia-Pacific, and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"

To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/defense-aerospace/smart-weapons-market

Rise in awareness towards border security, increasing procurement of military equipment, and increased demand for high precision in weapons, are the major factors driving the global smart weapons market. Moreover, increased government expenditure to modernise military equipment has also fuelled the market growth. However, high price of these weapons may restrain the market growth in coming years. Rising worldwide demand for technologically advanced smart weapons would provide several growth opportunities for the market in coming years.

The global smart weapons market is bifurcated into type and geography. By type, the market is segmented into air-to-ground missiles, surface-to-air missiles, smart bombs, sensor fused weapons, direct energy weapons, precision artillery munitions, electro-magnetic pulse weapons, smart bullets, and others. Air-to-ground missiles segment accounted for the largest market share in 2016, owing to its extensive usage during terrorism and country war. Directed energy weapons are estimated to grow at the fastest CAGR over the forecast period.

Geographically, the market is categorised into North America, Europe, Asia-Pacific and Rest of the world (RoW).North America accounted for the largest market share of 45.3% in 2016, owing to, sizable defense budget and constant product development by major companies in the region. Asia-Pacific accounted for the second largest market share of 25.1%, driven by rising military expenses in countries such as China and India, to modernize their military power. North America is to attain the fastest CAGR of 6.9% over the forecast period 2016-2024. The growth would be attributed to increased research and development activities in countries such as U.S., to enhance border security operations.

The major players in the smart weapons market include Boeing, Raytheon Company, General Dynamics, Denel Dynamics, Leonardo S.P.A, Textron Defense Systems, L-3 Fuzing And Ordnance Systems Inc., Rafael Advanced Defense Systems Ltd., Alliant Techsystems Inc. and Israel Aerospace Industries, among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.3.3 Opportunities
Chapter 4 Smart Weapons Market by Type: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Smart Weapons Market by Type: Market Size and Forecast, 2015 – 2024
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
    4.3 Air-to-ground missiles
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
    4.4 Sensor fused weapons
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast
    4.5 Electro-magnetic pulse weapons
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast
    4.6 Smart bullets
          4.6.1 Current Trend and Analysis
          4.6.2 Market Size and Forecast
    4.7 Smart bombs
          4.7.1 Current Trend and Analysis
          4.7.2 Market Size and Forecast
    4.8 Direct energy weapons
          4.8.1 Current Trend and Analysis
          4.8.2 Market Size and Forecast
    4.9 Precision artillery munitions
          4.9.1 Current Trend and Analysis
          4.9.2 Market Size and Forecast
    4.10 Others
          4.10.1 Current Trend and Analysis
          4.10.2 Market Size and Forecast
Chapter 5 Smart Weapons Market by Geography: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 North America
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
          5.2.3 US
                   5.2.3.1 Market Size and Forecast
          5.2.4 Canada
                   5.2.4.1 Market Size and Forecast
          5.2.5 Mexico
                   5.2.5.1 Market Size and Forecast
    5.3 Europe
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
          5.3.3 Germany
                   5.3.3.1 Market Size and Forecast
          5.3.4 France
                   5.3.4.1 Market Size and Forecast
          5.3.5 United Kingdom
                   5.3.5.1 Market Size and Forecast
          5.3.6 Others
                   5.3.6.1 Market Size and Forecast
    5.4 Asia-Pacific
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast
          5.4.3 China
                   5.4.3.1 Market Size and Forecast
          5.4.4 India
                   5.4.4.1 Market Size and Forecast
          5.4.5 Japan
                   5.4.5.1 Market Size and Forecast
          5.4.6 Others
                   5.4.6.1 Market Size and Forecast
    5.5 RoW
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast
          5.5.3 Middle East
                   5.5.3.1 Market Size and Forecast
          5.5.4 South America
                   5.5.4.1 Market Size and Forecast
          5.5.5 Africa
                   5.5.5.1 Market Size and Forecast
Chapter 6 Company Profiles
    6.1 Textron Defense Systems
    6.2 Raytheon Company
    6.3 Israel Aerospace Industries
    6.4 General Dynamics
    6.5 Denel Dynamics
    6.6 Boeing
    6.7 Rafael Advanced Defense Systems Ltd.
    6.8 Leonardo S.P.A
    6.9 L-3 Fuzing And Ordnance Systems Inc.
    6.10 Alliant Techsystems Inc.
List of Figures
FIG. 1 MARKET SEGMENTATION: GLOBAL SMART WEAPONS MARKET
FIG. 2 GLOBAL SMART WEAPONS MARKET SHARE AND FORECAST, BY TYPE 2016 Vs 2024 (VALUE %)
FIG. 3 SURFACE-TO-AIR MISSILES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 4 AIR-TO-GROUND MISSILES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 5 SENSOR FUSED WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 6 ELECTRO-MAGNETIC PULSE WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 7 SMART BULLETS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 8 SMART BOMBS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 9 DIRECT ENERGY WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 10 PRECISION ARTILLERY MUNITIONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 11 OTHER TYPES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 12 GLOBAL SMART WEAPONS MARKET SIZE AND FORECAST BY GEOGRAPHY, 2016 Vs 2024 (REVENUE, CAGR %)
FIG. 13 NORTH AMERICA SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 14 NORTH AMERICA SMART WEAPONS MARKET SIZE AND FORECAST BY COUNTRY, 2015 – 2024 ($ BILLION)
FIG. 15 U.S. SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 16 CANADA SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 17 MEXICO SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 18 EUROPE SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024, ($ BILLION)
FIG. 19 EUROPE SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY, ($ BILLION)
FIG. 20 U.K. SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 21 FRANCE SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 22 GERMANY SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 23 SPAIN SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 24 OTHER COUNTRIES IN EUROPE SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 25 ASIA-PACIFIC SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 26 ASIA-PACIFIC SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY ($ BILLION)
FIG. 27 CHINA SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 28 INDIA SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 29 JAPAN SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 30 SOUTH KOREA SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 31 OTHER COUNTRIES IN ASIA-PACIFIC SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 32 REST OF THE WORLD SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 33 REST OF THE WORLD SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY ($ BILLION)
FIG. 34 SOUTH AMERICA SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 35 MIDDLE EAST SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 36 AFRICA SMART WEAPONS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
List of Tables
TABLE 1 GLOBAL SMART WEAPONS MARKET SNAPSHOT
TABLE 2 GLOBAL SMART WEAPONS MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ BILLION)
TABLE 3 DRIVER OF THE GLOBAL SMART WEAPONS MARKET : IMPACT ANALYSIS
TABLE 4 RESTRAINTS OF THE GLOBAL SMART WEAPONS MARKET : IMPACT ANALYSIS
TABLE 5 SURFACE-TO-AIR MISSILES MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 6 AIR-TO-GROUND MISSILES MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 7 SENSOR FUSED WEAPONS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 8 ELECTRO-MAGNETIC PULSE WEAPONS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 9 SMART BULLETS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 10 SMART BOMBS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 11 DIRECT ENERGY WEAPONS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 12 PRECISION ARTILLERY MUNITIONS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 13 OTHER TYPES MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 14 NORTH AMERICA SMART WEAPONS MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION)
TABLE 15 EUROPE SMART WEAPONS MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION)
TABLE 16 ASIA-PACIFIC SMART WEAPONS MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION)
TABLE 17 REST OF THE WORLD SMART WEAPONS MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION)
TABLE 18 TEXTRON DEFENSE SYSTEMS: COMPANY SNAPSHOT
TABLE 19 RAYTHEON COMPANY:COMPANY SNAPSHOT
TABLE 20 ISRAEL AEROSPACE INDUSTRIES: COMPANY SNAPSHOT
TABLE 21 GENERAL DYNAMICS: COMPANY SNAPSHOT
TABLE 22 DENEL DYNAMICS: COMPANY SNAPSHOT
TABLE 23 THE BOEING COMPANY: COMPANY SNAPSHOT
TABLE 24 RAFAEL ADVANCED DEFENSE SYSTEMS LTD.: COMPANY SNAPSHOT
TABLE 25 LEONARDO S.P.A.: COMPANY SNAPSHOT
TABLE 26 L-3 FUZING AND ORDNANCE SYSTEMS INC.: COMPANY SNAPSHOT
TABLE 27 ALLIANT TECHSYSTEMS INC.: COMPANY SNAPSHOT

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