Global Smart Munitions Market Growth 2025-2031

The global Smart Munitions market size is predicted to grow from US$ 9475 million in 2025 to US$ 5797 million in 2031; it is expected to grow at a CAGR of -7.9% from 2025 to 2031.

Smart munitions are high-precision ammunition systems that integrate advanced guidance, control and communication technologies, and can achieve autonomous navigation, target identification, trajectory correction and precision strikes in complex battlefield environments. Smart munitions have stronger hit accuracy, higher strike effectiveness and lower collateral damage, and can autonomously adjust flight paths at long distances or in complex terrain conditions to accurately strike high-value or mobile targets.

Market Trends

Modern warfare is transforming towards informatization and intelligence. Smart munitions, with their advantages of high precision, long distance, and low collateral damage, are gradually replacing traditional ammunition and becoming an important part of the military firepower system. The rapid application of emerging technologies such as artificial intelligence, image recognition, laser guidance, and satellite navigation has promoted the significant improvement of Smart munitions in guidance accuracy, target recognition, and collaborative combat capabilities. The demand for lightweight and Smart munitions from unmanned combat platforms (such as drones, unmanned vehicles, and unmanned boats) has also continued to grow, further expanding the market space.

Market Disadvantages

Smart munitions have high R&D and production costs and high technical barriers, especially in key links such as multi-mode guidance, intelligent recognition, and in-missile microelectronics integration, which restricts the technology acquisition and product popularization of some countries and companies. Smart munitions are highly dependent on external systems such as satellite navigation and data link communications. If faced with complex battlefield environments such as electronic interference and GPS signal blocking, the guidance accuracy and combat effectiveness may drop significantly.

Market Outlook

With the widespread application of technologies such as artificial intelligence, edge computing, 5G communications, infrared imaging, and laser radar, Smart munitions will achieve a qualitative leap in autonomous decision-making, target identification, and coordinated strikes. Armies of various countries are increasing their investment in the research and development and deployment of Smart munitions, promoting the rapid formation of an integrated combat mode of "man-machine-missile". The military transformation of civilian technology will also accelerate the miniaturization, lightweight, and low-cost mass production of Smart munitions, adapting to more unmanned and intelligent combat platforms.

LP Information, Inc. (LPI) ' newest research report, the “Smart Munitions Industry Forecast” looks at past sales and reviews total world Smart Munitions sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Munitions sales for 2025 through 2031. With Smart Munitions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Munitions industry.

This Insight Report provides a comprehensive analysis of the global Smart Munitions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Munitions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Munitions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Munitions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Munitions.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Munitions market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Small and Medium Caliber
Large Caliber

Segmentation by Application:
Army
Air Force
Navy

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BAE Systems
Diehl Defense
Raytheon Company
KNDS Group
Denel
Hanwha
Roketsan
Safran
General Dynamics
Thales Group
L3Harris Technologies
NORINCO
Lockheed Martin Corporation
Textron Systems
Nammo

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Munitions market?

What factors are driving Smart Munitions market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Munitions market opportunities vary by end market size?

How does Smart Munitions break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.