Smart Weapons Market 2023 - CAGR Status, Major Players, Forecasts 2032

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Smart Weapons Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Smart Weapons Market Segments
The Business Research Company segments its smart
weapons market report as
Air-to-ground Missiles, Surface-to-air Missiles,
Smart Bombs, Sensor Fused Weapons, Directed
Energy Weapons
By Type
Air, Naval, Land
By Platform
Laser Guidance, Infrared Guidance, Radar
Guidance, Satellite Guidance
By Technology
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Market Statistics
The global smart weapons market size grew from
13.77 billion in 2022 to 15.2 billion in 2023
at a compound annual growth rate (CAGR) of 10.4.
The smart weapons market size is expected to grow
to 21.11 billion in 2027 at a CAGR of 8.6.
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Key Market Drivers And Trends
Drivers
The increasing global and regional instability is
driving the growth of the smart weapons market.
Trends
Increasing strategic partnerships and
collaborations is a key trend gaining popularity
in the smart weapons market.
Region
North America was the largest region in the smart
weapons market in 2022 and is also expected to be
the fastest-growing region in the forecast
period. The regions covered in the smart weapon
market report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America, the
Middle East, and Africa.
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Key Market Players

• Major players in the smart weapons market are
• Lockheed Martin
• MBDA, Inc
• Orbital ATK
• General Dynamics Corporation
• BAE Systems
• And more.

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