The smart weapons market is forecast to reach a value of USD 15.64 billion by 2021.
North America is expected to lead the smart weapons market in 2016, and is anticipated to continue its dominance during the forecast period. In North America, the U.S. is considered to be the largest market with a higher CAGR for smart weapons, primarily owing to technological advancements, and rising incidences of armed conflicts or cross-border disputes in the country. The U.S. is one of the key manufacturers and end users of smart weapons across the globe. Procurement of smart weapons by the U.S. acts as a deterrent for other countries to attack the country.
From an insight perspective, this research report has focused on various levels of analysis -industry analysis (industry trends and PEST analysis), market-share analysis of top players, supply-chain analysis, and company profiles. These together comprise and discuss basic views on competitive landscape, emerging and high-growth segments of the smart weapons market, high-growth regions and countries, and their respective regulatory policies, government initiatives, and market drivers, restraints, and opportunities.
The report provides insights into the following pointers:
Comprehensive information on smart weapons offered by the top 10 players in the smart weapons market
Detailed insights on upcoming technologies, research and development activities, and new product launches in the smart weapons market
Comprehensive information about lucrative emerging markets - the report analyses markets for smart weapon across regions
Exhaustive information about new products, untapped geographies, recent developments, and investments in the smart weapons market
In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the smart weapons market