Global Land Based Smart Weapons Market 2024-2028

Global Land Based Smart Weapons Market 2024-2028

Global Land Based Smart Weapons Market 2024-2028

The land based smart weapons market is forecasted to grow by USD 2708 mn during 2023-2028, accelerating at a CAGR of 8.51% during the forecast period. The report on the land based smart weapons market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by development and procurement of advanced technologies, increasing demand for smart weapons due to rising warfare activities, and rise in defense expenditure.

Technavio's land based smart weapons market is segmented as below:

• By Product
• Missiles
• Ammunition
• Others
• By Geographical Landscape
• North America
• APAC
• Europe
• Middle East and Africa
• South America

This study identifies the growth in battlefield digitalization as one of the prime reasons driving the land based smart weapons market growth during the next few years. Also, use of 3D (3 dimensional) printing technology and composite materials and emergence of multi-featured systems will lead to sizable demand in the market.

The report on the land based smart weapons market covers the following areas:

• Land based smart weapons market sizing
• Land based smart weapons market forecast
• Land based smart weapons market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading land based smart weapons market vendors that include ASELSAN AS, BAE Systems PLC, Diehl Stiftung and Co. KG, Hanwha Corp., Israel Aerospace Industries Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Lockheed Martin Corp., MBDA, Northrop Grumman Corp., Rafael Advanced Defense Systems Ltd., Rheinmetall AG, RTX Corp., Safran SA, Thales Group, and The Boeing Co.. Also, the land based smart weapons market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.