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Smart Weapons Market Growth, Size, Trends Analysis - By Product, By Technology, By Platform - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Publisher SPER Market Research Pvt. Ltd.
Published Jul 22, 2025
Length 256 Pages
SKU # SPER20379408

Description

Smart Weapons Market Introduction and Overview

According to SPER market research, ‘Global Smart Weapons Market Size- By Product, By Technology, By Platform – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Smart Weapons Market is predicted to reach 37.32 billion by 2034 with a CAGR of 6.57%.

Smart weapons are munitions that are guided by computers, capable of striking a target with exceptional accuracy using bullets, land mines, and integrated computer systems. They incorporate technologies such as laser guidance, television systems, satellite navigation, artificial intelligence (AI), and machine learning (ML). These sophisticated technologies support military personnel in engaging combatants on the battlefield while minimizing or mitigating collateral damage.

Restraints:

The creation and procurement of Smart Weapons necessitate considerable financial resources, rendering them costly for numerous nations. The expenses associated with research and development (R&D) of cutting-edge technologies, including artificial intelligence, autonomous systems, and precision-guided munitions, are substantial. Moreover, the production of these weapons entails the use of specialized materials and complex processes, further escalating costs.

Scope of the report:

Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034

Segments covered

By Product, By Technology, By Platform

Regions covered

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered

BAE Systems plc, Elbit Systems Ltd, General Dynamics Corporation, Israel Aerospace Industries Ltd, L3Harris Technologies Inc, Leonardo S.p.A, Lockheed Martin Corporation, MBDA, Northrop Grumman Corporation, Raytheon Technologies Corporation, Rheinmetall AG, Saab AB.

Global Smart Weapons Market Segmentation:

By Product:

Based on the Product, Global Smart Weapons Market is segmented as; Missiles, Munitions, Guided Projectiles, Guided Rockets, Precision Guided Firearms.

By Technology:

Based on the Technology, Global Smart Weapons Market is segmented as; Laser, Radar, GPS, Infrared, Others.

By Platform:

Based on the Platform, Global Smart Weapons Market is segmented as; Air, Land, Naval.

By Region:

This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Table of Contents

256 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Smart Weapons Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Smart Weapons Market
7. Global Smart Weapons Market, By Product (USD Million) 2021-2034
7.1. Product
7.1.1. Anti-tank Missiles & Standoff Missiles
7.1.2. Air-to-Air & Air-to–Surface Missile
7.1.3. Anti-Ship & Anti-Submarine Missile
7.2. Munitions
7.2.1. Guided Bombs
7.2.2. Target Pods
7.3. Guided Projectiles
7.3.1. Artillery Shells
7.3.2. Mortar Rounds
7.4. Guided Rockets
7.4.1. Anti-tank & Tactical rockets
7.4.2. Air-to-Air & Air-to-Surface
7.4.3. Anti-Submarine
7.5. Precision Guided Firearms
7.5.1. Small Smart Weapons
7.5.2. Shoulder Fired Weapons
7.5.3. Smart Guns
8. Global Smart Weapons Market, By Technology (USD Million) 2021-2034
8.1. Laser
8.2. Radar
8.2.1. Active Homing
8.2.2. Passive Homing
8.3. GPS
8.4. Infrared
8.4.1. IIR Homing
8.4.2. IR Homing
8.5. Others
9. Global Smart Weapons Market, By Platform (USD Million) 2021-2034
9.1. Air
9.2. Land
9.3. Naval
10. Global Smart Weapons Market, (USD Million) 2021-2034
10.1. Global Smart Weapons Market Size and Market Share
11. Global Smart Weapons Market, By Region, (USD Million) 2021-2034
11.1. Asia-Pacific
11.1.1. Australia
11.1.2. China
11.1.3. India
11.1.4. Japan
11.1.5. South Korea
11.1.6. Rest of Asia-Pacific
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Spain
11.2.5. United Kingdom
11.2.6. Rest of Europe
11.3. Middle East and Africa
11.3.1. Kingdom of Saudi Arabia
11.3.2. United Arab Emirates
11.3.3. Qatar
11.3.4. South Africa
11.3.5. Egypt
11.3.6. Morocco
11.3.7. Nigeria
11.3.8. Rest of Middle-East and Africa
11.4. North America
11.4.1. Canada
11.4.2. Mexico
11.4.3. United States
11.5. Latin America
11.5.1. Argentina
11.5.2. Brazil
11.5.3. Rest of Latin America
12. Company Profile
12.1. BAE Systems plc
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Elbit Systems Ltd
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. General Dynamics Corporation
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Israel Aerospace Industries Ltd
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. L3 Harris Technologies Inc
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Leonardo S.p. A
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Lockheed Martin Corporation
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. MBDA
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Northrop Grumman Corporation
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Raytheon Technologies Corporation
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Rheinmetall AG
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Saab AB
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links

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