Global Smart Bullets Market to Reach $1.6 Billion by 2030
The global market for Smart Bullets estimated at US$540.2 Million in the year 2022, is projected to reach a revised size of US$1.6 Billion by 2030, growing at a CAGR of 14.9% over the analysis period 2022-2030. Guided Smart Bullets, one of the segments analyzed in the report, is projected to record 16.2% CAGR and reach US$1.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Self-guided Smart Bullets segment is readjusted to a revised 11.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $163.5 Million, While China is Forecast to Grow at 14.2% CAGR
The Smart Bullets market in the U.S. is estimated at US$163.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$278.8 Million by the year 2030 trailing a CAGR of 14.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.4% and 12.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.6% CAGR.Select Competitors (Total 42 Featured) -
- BAE Systems PLC
- Boeing Company, The
- General Dynamics Corporation
- Harris Corporation
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- Taser International, Inc.
- Textron Systems
- Thales Group
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BAE Systems PLC
- Boeing Company, The
- General Dynamics Corporation
- Harris Corporation
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Company
- Taser International, Inc.
- Textron Systems
- Thales Group
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 244 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 540.2 Million |
Forecasted Market Value ( USD | $ 1600 Million |
Compound Annual Growth Rate | 14.5% |
Regions Covered | Global |