Smart Weapons Market by Type, Geography - Global Opportunity Analysis and Industry Forecast, 2014-2022

  • ID: 4612638
  • Report
  • Region: Global
  • 120 pages
  • Allied Analytics LLP
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Smart weapons are equipped with radio, infrared, laser, global positioning system and satellite guidance system which gives it extraordinary accuracy. Precision guided weapons are intended to hit the target precisely and reduce the collateral damage and lethality. Smart weapons are operated and assisted by the use of external operating system located at a distant place. Smart weapons system has changed the course of war engagement and its strategies. Cruise missiles use the information from the navigation satellite in order to maintain the proper course and direction during flight. Smart guns have safeguards that allow it to operate only when the authorized person activates it thus reducing the misuse, gun theft and self-harm scenarios. The safeguard features in smart weapons include RFID (Radiofrequency Identification Device) chips, finger print recognition, biometric sensors, mechanical locks and magnetic kit.

The need to provide precision attack capabilities of firing to soldiers operating in the team has pushed the companies in the smart weapons market to make investment in the development of the smart weapons and guided projectiles which are being inducted by the major armed forces globally. The precision effect advantage offered by these smart weapons apart from offering an accurate and reliable first short, quick hit capability, and overall reduces the logistics carrying cost. The logistics and supply chain get precise and concise, for the long term operations.

Smart weapons market provides opportunities to major armed forces in fulfilling the trending and rising requirements of updating and modernizing their capabilities. The nature of warfare has changed drastically, recent conflicts have drawn the need to avoid collative damage and provide the efficient and reliable fire power capability that could change the results of war conflicts and reduced number of war days. These needs are met by the selection of the smart weapons which are increasingly being taken in the inventory of the armed forces. Given the urgent need of such devices the demand is expected to increase during and after the forecasting period. The world smart weapon market is driven by the growth in demand for precision strike weapons and unstable security of countries. However, arms transfer regulations imposed on import and export of smart weapons pose as the major restraint for smart weapon market.

The key players include Raytheon Company (U.S.), L-3 Communications Holdings (U.S.), General Dynamics Corporation (U.S.), Lockheed Martin Corporation (U.S.), Boeing Company (U.S.), Northrop Grumman (U.S.), Airbus Group (Netherlands), United Technologies Corporation (U.S.), Leonardo-Finmeccanica (Italy) and BAE systems (U.K.).

POTENTIAL BENEFITS FOR STAKEHOLDERS:

This report provides an extensive analysis of the current and emerging market trends and dynamics in the world smart weapon market.
In-depth analysis has been done in this report by constructing market estimations for the key market segments between 2014 and 2022.
Geographically, the global smart weapon market is analyzed based on various regions such as North America, Europe, Asia-Pacific and LAMEA.
This study evaluating competitive landscape and value chain has been taken into account to help in understanding the competitive geographical environment. This report entails the detailed quantitative analysis of the current market and estimations through 2014-2022, which assists in identifying the prevailing market opportunities.
Competitive intelligence (of leading manufacturers and distributors of smart weapon market) helps in understanding the competitive scenario across the globe.

World Smart Weapons Market Key Segmentation:

The world smart weapons market, segmented on the basis of the type, and geography

BY TYPE

Air-to-ground missiles
Surface-to-air missiles
Smart bombs
Sensor fused weapons
Directed energy weapons
Precision artillery munitions
Electromagnetic pulse weapons
Smart bullets
Others

BY GEOGRAPHY

North America
U.S
Canada
Mexico
Europe
Germany
France
U.K.
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY MARKET PLAYERS PROFILED

Raytheon Company
L-3 Communications Holdings
General Dynamics Corporation
Lockheed Martin Corporation
Boeing Company
Northrop Grumman
Airbus Group
United Technologies Corporation
Leonardo-Finmeccanica
BAE systems

COMPANIES MENTIONED IN THE REPORT

United Technologies Corporation
Orbital Sciences Corporation
Alliant Techsystems
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CHAPTER 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY
2.1 Overview
2.2 Market snapshot
2.3 CXO perspective

CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key Findings
3.2.1 Top impacting factors
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Porters five forces analysis
3.3.1 High bargaining power of suppliers
3.3.2 High bargaining power of buyer
3.3.3 High threat of internal substitution
3.3.4 Low threat of new entrants
3.3.5 High competitive rivalry
3.4 Market share analysis, 2015
3.5 Drivers
3.5.1 Increasing defence expenditure by governments of major economies
3.5.2 Growth in demand for precision strike weapons.
3.5.3 Increasing number of security threats from terrorist organizations
3.6 Restraints
3.6.1 Arms transfer regulations imposed on import and export
3.6.2 Higher cost of smart weapons compared to conventional weapons
3.7 Opportunities
3.7.1 Changing weapons procurement policies of major defence equipment importers

CHAPTER 4 WORLD SMART WEAPONS MARKET BY TYPE
4.1 Introduction
4.2 Air to ground missiles
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.2.4 North America air to ground missiles market, ($million), growth (%) 2014-2022
4.2.5 Europe air to ground missiles market, ($million), growth (%) 2014-2022
4.2.6 Asia-Pacific air to ground missiles market, ($million), growth (%) 2014-2022
4.2.7 LAMEA air to ground missiles market, ($million), growth (%) 2014-2022
4.3 Surface to air missiles
4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast
4.3.4 North America surface to air missiles market, ($million), growth (%) 2014-2022
4.3.5 Europe surface to air missiles market, ($million), growth (%) 2014-2022
4.3.6 Asia-Pacific surface to air missiles market, ($million), growth (%) 2014-2022
4.3.7 LAMEA surface to air missiles market, ($million), growth (%) 2014-2022
4.4 Smart bombs
4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast
4.4.4 North America smart bombs market, ($million), growth (%) 2014-2022
4.4.5 Europe smart bombs market, ($million), growth (%) 2014-2022
4.4.6 Asia-Pacific smart bombs market, ($million), growth (%) 2014-2022
4.4.7 LAMEA smart bombs market, ($million), growth (%) 2014-2022
4.5 Sensor fused bombs
4.5.1 Key market trends
4.5.2 Key growth factors and opportunities
4.5.3 Market size and forecast
4.5.4 North America sensor fused bombs market, ($million), growth (%) 2014-2022
4.5.5 Europe sensor fused bombs market, ($million), growth (%) 2014-2022
4.5.6 Asia-Pacific sensor fused bombs market, ($million), growth (%) 2014-2022
4.5.7 LAMEA sensor fused bombs market, ($million), growth (%) 2014-2022
4.6 Directed energy weapons
4.6.1 Key market trends
4.6.2 Key growth factors and opportunities
4.6.3 Market size and forecast
4.6.4 North America directed energy weapons market, ($million), growth (%) 2014-2022
4.6.5 Europe sensor directed energy weapons, ($million), growth (%) 2014-2022
4.6.6 Asia-Pacific directed energy weapons market, ($million), growth (%) 2014-2022
4.6.7 LAMEA directed energy weapons market, ($million), growth (%) 2014-2022
4.7 Precision artillery munitions
4.7.1 Key market trends
4.7.2 Key growth factors and opportunities
4.7.3 Market size and forecast
4.7.4 North America precision artillery munitions market, ($million), growth (%) 2014-2022
4.7.5 Europe precision artillery munitions market, ($million), growth (%) 2014-2022
4.7.6 Asia-Pacific precision artillery munitions market, ($million), growth (%) 2014-2022
4.7.7 LAMEA precision artillery munitions market, ($million), growth (%) 2014-2022
4.8 Electromagnetic pulse weapons
4.8.1 Key market trends
4.8.2 Key growth factors and opportunities
4.8.3 Market size and forecast
4.8.4 North America electromagnetic pulse weapons market, ($million), growth (%) 2014-2022
4.8.5 Europe electromagnetic pulse weapons market, ($million), growth (%) 2014-2022
4.8.6 Asia-Pacific electromagnetic pulse weapons market, ($million), growth (%) 2014-2022
4.8.7 LAMEA electromagnetic pulse weapons market, ($million), growth (%) 2014-2022
4.9 Smart bullets
4.9.1 Key market trends
4.9.2 Key growth factors and opportunities
4.9.3 Market size and forecast
4.9.4 North America smart bullets market, ($million), growth (%) 2014-2022
4.9.5 Europe smart bullets market, ($million), growth (%) 2014-2022
4.9.6 Asia-Pacific smart bullets market, ($million), growth (%) 2014-2022
4.9.7 LAMEA smart bullets market, ($million), growth (%) 2014-2022
4.10 Other smart weapons
4.10.1 Key market trends
4.10.2 Key growth factors and opportunities
4.10.3 Market size and forecast
4.10.4 North America other smart weapons market, ($million), growth (%) 2014-2022
4.10.5 Europe other smart weapons, ($million), growth (%) 2014-2022
4.10.6 Asia-Pacific other smart weapons market, ($million), growth (%) 2014-2022
4.10.7 LAMEA other smart weapons market, ($million), growth (%) 2014-2022

CHAPTER 5 WORLD SMART WEAPONS MARKET BY GEOGRAPHY
5.1 Introduction
5.2 North America
5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast
5.2.4 U.S. smart weapons market, ($million), growth (%) 2014-2022
5.2.5 Canada smart weapons market, ($million), growth (%) 2014-2022
5.2.6 Mexico smart weapons market, ($million), growth (%) 2014-2022
5.3 Europe
5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast
5.3.4 Germany smart weapons market, ($million), growth (%) 2014-2022
5.3.5 France smart weapons market, ($million), growth (%) 2014-2022
5.3.6 U.K. smart weapons market, ($million), growth (%) 2014-2022
5.3.7 Russia smart weapons market, ($million), growth (%) 2014-2022
5.3.8 Rest of Europe smart weapons market, ($million), growth (%) 2014-2022
5.4 Asia-Pacific
5.4.1 Key market trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast
5.4.4 China smart weapons market, ($million), growth (%) 2014-2022
5.4.5 India smart weapons market, ($million), growth (%) 2014-2022
5.4.6 Japan smart weapons market, ($million), growth (%) 2014-2022
5.4.7 Australia smart weapons market, ($million), growth (%) 2014-2022
5.4.8 South korea smart weapons market, ($million), growth (%) 2014-2022
5.4.9 Rest of Asia-Pacific smart weapons market, ($million), growth (%) 2014-2022
5.5 LAMEA
5.5.1 Key market trends
5.5.2 Key growth factors and opportunities
5.5.3 Market size and forecast
5.5.4 Latin America smart weapons market, ($million), growth (%) 2014-2022
5.5.5 Middle East smart weapons market, ($million), growth (%) 2014-2022
1.5.6 Africa smart weapons market, ($million), growth (%) 2014-2022

CHAPTER 6 COMPANY PROFILES
6.1 Raytheon Company
6.1.1 Company overview
6.1.2 Company snapshot
6.1.3 Business performance
6.1.4 Strategic moves & developments
6.2 L-3 Communications Holdings
6.2.1 Company overview
6.2.2 Company snapshot
6.2.3 Business performance
6.2.4 Strategic moves & developments
6.3 General Dynamics Corporation
6.3.1 Company overview
6.3.2 Company snapshot
6.3.3 Business performance
6.3.4 Strategic moves & developments
6.4 Lockheed Martin Corporation
6.4.1 Company overview
6.4.2 Company snapshot
6.4.3 Business performance
6.4.4 Strategic moves & developments
6.5 Boeing Company
6.5.1 Company overview
6.5.2 Company snapshot
6.5.3 Business performance
6.5.4 Strategic moves & developments
6.6 Northrop Grumman
6.6.1 Company overview
6.6.2 Company snapshot
6.6.3 Business performance
6.6.4 Strategic moves & developments
6.7 Airbus Group
6.7.1 Company overview
6.7.2 Company snapshot
6.7.3 Business performance
6.7.4 Strategic moves & developments
6.8 United Technologies Corporation
6.8.1 Company overview
6.8.2 Company snapshot
6.8.3 Business performance
6.8.4 Strategic moves & developments
6.9 Leonardo-Finmeccanica
6.9.1 Company overview
6.9.2 Company snapshot
6.9.3 Business performance
6.9.4 Strategic moves & developments
6.10 BAE Systems
6.10.1 Company overview
6.10.2 Company snapshot
6.10.3 Business performance
6.10.4 Strategic moves & developments
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Smart Weapons Market Report, projects that the smart weapons market size is expected to reach $99,380 million by 2022, growing at a CAGR of 11.6% from 2016 to 2022. This is attributed to the increase in defense expenditure by the governments paired with rising demand for precision strike weapons. North America is expected to be the largest market during the forecast period 2016-2022.

Among air-to-surface missiles, surface-to-air missiles, smart bombs, sensor fused bombs, directed energy weapons, precision artillery munitions, electromagnetic pulse weapons, smart bullets, and other types of smart weapons, air-to-surface missiles holds the highest market share. Air-to-ground missiles are advantageous in terms of targeting from a distance and off the range of the targets air defenses. However, other weapon that includes unmanned aircrafts and drones is the fastest-growing sub-segment.

North America is the highest revenue generating region and is expected to maintain its domince throughout the forecast period. Nonetheless, Asia-Pacific is estimated to be the fastest growing region due to an increase in the security threats, border breach, and conflicts with the neighboring countries in the region.

Key findings of the Smart Weapons Market Study:

Air-to-surface missiles are expected to exhibit a significant growth in the smart weapons market as it is the most widely produced precision-guided missile.
North America is projected to exhibit a substantial growth during the forecast period in the market.
Many industry players focus on acquisition, merger, product launch, and partnership strategies and offer innovative products, services & solutions to attain a higher market share.

The smart weapons market comprises domint players such as Lockheed Martin Corporation, Boeing Company, BAE Systems, and others that focus on strengthening their positions in the market.
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