The global smart weapons market size was estimated at USD 15.21 billion in 2021, is expected to reach USD 16.82 billion in 2022, and is expected to grow at a CAGR of 10.82% to reach USD 28.18 billion by 2027.
NEW YORK, Oct. 17, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Smart Weapons Market Research Report by Product, Technology, Platform, Region – Global Forecast to 2027 – COVID-19 Cumulative Impact” – https://www.reportlinker.com/p06341476/?utm_source=GNW
The report provides market size and forecasts for 7 major currencies (USD, EUR, JPY, GBP, AUD, CAD, and CHF). When currency exchange data is readily available, it can help organizational leaders make better decisions. In this report, 2018 and 2020 are the historical years, 2021 is the base year, 2022 is the estimated year, and 2023 to 2027 is the forecast period.
Market Segmentation and Coverage:
This research report categorizes Smart Weapons, to forecast revenue and analyze trends in each of the following submarkets:
On the basis of product, the market for directed energy weapons, guided firearms, guided projectiles, guided rockets, missiles, and ammunition is studied. Guided firearms are further studied in shoulder-fired weapons, small smart weapons and smart guns. Guided projectiles are further studied in artillery and mortar rounds. Guided rockets are further studied in air-to-air and air-to-surface, anti-submarine as well as anti-tank and tactical rockets. These missiles are further studied in air-to-air and air-to-surface missiles, anti-ship and anti-submarine missiles, as well as anti-tank and stand-off missiles. Ammunition is further studied in guided bombs and targeting pods.
Based on technology, the active homing, IIR homing, infrared, IR homing, laser, microcomputing, optical, passive homing, radar, satellite and wire guide markets are studied.
Based on the platform, the aviation, land and naval markets are studied.
On the basis of region, the market is studied in the Americas, Asia Pacific, and Europe, Middle East and Africa. The Americas are further studied in Argentina, Brazil, Canada, Mexico, and the United States. The United States conducted further studies in California, Florida, Illinois, New York, Ohio, Pennsylvania and Texas. Asia Pacific was further studied in Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. EMEA further studies were conducted in Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, Arab United Arab Emirates and United Kingdom.
Cumulative Impact of COVID-19:
COVID-19 is an unparalleled global public health emergency that has affected nearly every industry, and its long-term impact is expected to impact the growth of the industry over the forecast period. Our ongoing research expands our research framework to ensure that potential COVID-19 issues and potential paths forward are included. The report provides insights on COVID-19, taking into account changes in consumer behavior and demand, purchasing patterns, supply chain rerouting, current market force dynamics, and significant government intervention. The updated study provides insights, analysis, estimates and forecasts considering the impact of COVID-19 on the market.
Cumulative effects of the Russia-Ukraine conflict in 2022:
We constantly monitor and update reports on political and economic uncertainty due to Russia’s invasion of Ukraine. Negative effects can be foreseen globally, especially in Eastern Europe, the European Union, East and Central Asia, and the United States. This debate severely affects people’s lives and livelihoods, and represents a profound disruption to trade dynamics. The potential impact of ongoing war and uncertainty in Eastern Europe is expected to have a detrimental impact on the world economy, especially for Russia with serious long-term effects. This report sheds light on supply and demand, the impact of pricing changes, strategic uptake of suppliers, and recommendations for the Smart Weapons market considering an update on current conflicts and their global responses.
Competitive Strategy Window:
The Competitive Strategy Window analyzes the competitive landscape from a market, application, and geographic perspective to help vendors determine the alignment or fit between their capabilities and future growth prospects opportunities. It describes the best or favorable fit for suppliers to employ successive M&A strategies, geographic expansion, R&D, and new product introduction strategies to execute further business expansion and growth during the forecast period.
FPNV positioning matrix:
FPNV Positioning Matrix Evaluates Vendors in the Smart Weapons Market Based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and classification) to help businesses make better decisions and understand the competitive landscape.
Market share analysis:
Market share analysis provides an analysis of suppliers, considering their contribution to the overall market. It provides revenue generating ideas for the entire market compared to other vendors in the field. It provides insights into how suppliers are performing compared to other suppliers in terms of revenue generation and customer base. Understanding market share provides insight into a vendor’s size and competitiveness in a base year. It reveals market characteristics in terms of accumulation, fragmentation, dominance and fusion characteristics.
Competitive scenarios provide an outlook analysis of various business growth strategies adopted by suppliers. The news covered in this section provides valuable ideas at various stages, while keeping pace with the business and engaging stakeholders in the economic debate. Competitive scenarios represent press releases or news from companies grouped into mergers and acquisitions, agreements, collaborations and partnerships, new product launches and enhancements, investments and financing, and awards, recognition, and expansion. All the news gathered helps suppliers understand market gaps and competitor strengths and weaknesses, providing insights to enhance products and services.
Company Availability Profile:
The report provides an in-depth look at the recent major developments in the global Smart Weapons market leading vendors and innovation profiles including Airbus Group, Alliant Techsystems Inc., Aselsan AS, BAE Systems, China Aerospace Science and Industry Corporation, Denel Dynamics, Diehl Stiftung & Company KG , General Dynamics, Israel Aerospace Industries Ltd., L3Harris Technologies Inc., Leonardo SpA, Lockheed Martin Corporation, MBDA, Inc., Northrop Grumman, Orbital ATK, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Rheinmetall AG, Saab Corporation, Textron Corporation, Thales Group, The Boeing Company and United Technologies Corporation.
The report provides insights on the following metrics:
1. Market Penetration: Provides comprehensive market information provided by key players
2. Market Development: Provides in-depth information on lucrative emerging markets and analyzes penetration in mature markets
3. Market Diversification: Provides detailed information on new product launches, greenfield areas, recent developments and investments
4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscapes and manufacturing capabilities of leading players
5. Product Development and Innovation: Provides intelligent insights into future technologies, R&D activities and breakthrough product development
The report answers the following questions:
1. What is the market size and forecast of the global smart weapons market?
2. What are the restraints and impacts of COVID-19 shaping the global smart weapons market during the forecast period?
3. Which products/areas/applications/areas will require investment during the forecast period of the global smart weapons market?
4. What is the competitive strategic window of the global smart weapons market opportunity?
5. What are the technological trends and regulatory framework for the global smart weapons market?
6. What is the market share of the leading vendors in the global smart weapons market?
7. What models and strategic initiatives are considered suitable for entering the global smart weapons market?
Read the full report: https://www.reportlinker.com/p06341476/?utm_source=GNW
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