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Smart weapons: Key Trends and Future Outlook 2018-2022

Smart weapons: Key Trends and Future Outlook 2018-2022

Summary

Increasing demand for smart weapons, research and development, and innovation in IT (Hardware and Software) are major factors that are likely to influence smart weapons growth during 2018-2022. The US, China, and Russia are projected to have highest demand for smart weapons. Smart missiles and bombs, smart sensors, and smart munitions will attract the large amount of investment over the next four years. Additionally, companies are currently concentrating research and development activity on missile, optical, and GPS technology due to the increase in network-centric warfare across the globe.

“Smart weapons: Key Trends and Future Outlook 2018-2022” is a report of an extensive survey drawn from SDI’s exclusive panel of industry respondents. These respondents are drawn from the SDI Industry Insight Panel, an exclusive industry panel covering business professionals worldwide. Comprehensive desk research was also conducted across defense industry sources with a focus on examining the key trends and outlook for smart weapons during 2018-2022. The report also highlights the factors that will influence smart weapons growth during 2018-2022 and the key challenges to developing smart weapons during 2018-2022.

The report further examines executives’ opinions on key drivers of smart weapons during 2018-2022. The report also presents executives’ opinions on expected changes in investment in smart weapons during the next four years, including key factors and major barriers for developing smart weapons during 2018-2022. It also highlights key potential markets to invest in and areas for technological advancement in smart weapons over the next four years.

In depth, this report provides the following -
- Smart weapons impact: examines the impact of smart weapons on the defense industry during 2018-2022.
- Key trends: identifies key factors, major growth drivers, and challenges that are likely to affect the smart weapons industry over the next four years.
- Change in demand for smart weapons: determines projected change in demand for smart weapons over the next four years, amidst expected defense budget cuts.
- Impact on suppliers’ revenue: tracks the expected change in revenue generated by suppliers due to the defense budget allocation to smart weapons during 2018-2022.
- Investment trends: determines the recent investment trends in smart weapons industries during 2018-2022.
- Impact of Artificial Intelligence (AI) and Robotics: determines the impact of AI and Robotics in smart weapons industry over the next four years.

Companies mentioned in this report: General Dynamics Corporation, The Boeing Company, ZALA AERO Group, Mazagon Dock Limited, Lockheed Martin Corporation, Harris Corporation, Orbital ATK, Inc.,

Scope

- Globally, 85% of executives anticipate high or very high impact of smart weapons on defense industry over the next four years
- In total, 68% of executives highlight that that research and development is the key factor that would influence the growth of the smart weapons market during 2018-2022
- Globally, 38% of executives indicate 10% to 25% increase in the demand for smart weapons over the next four years
- 58% executive from large-sized companies project the highest demand for smart weapons in China over the next four years
- Three-quarters of executives from large-sized companies anticipate smart sensors to attract more investment over the next four years
- Globally, 74% of executive indicate smart missile and bombs will attract the largest amount of investment over the next four years

Reasons to buy

- Helps to manage costs by providing information about the challenges faced in developing smart weapons during 2018-2022
- Assists organizations to actively plan for investments in smart weapons technologies
- Helps organizations to allocate funds for research and development activities carried out on smart weapons
- Provides information about changes in demand for new smart weapon technologies during 2018-2022


Introduction
Definitions
Methodology and sample size
Respondent profile
Key Takeouts
Smart Weapons: Impact on defense industry
Global impact of smart weapons on defense industry
Key factors likely to influence smart weapon market in 2018-2022
Key challenges likely to affect smart weapons in 2018-2022
Defense Budget for smart weapons: key challenges and impact for smart weapons budget
Comparison of defense budget for smart weapons from 2013-2017 to 2018-2022
Defense budget for smart weapons and the impact of revenue generated by the supplier
Key challenges to be faced by smart weapons aftermath of defense budget cuts
Clients willingness to pay for smart weapons during 2018-2022
Competitive price structure for smart weapons
Smart weapons: Future Demand for smart weapons
Global demand for smart weapons during 2018-2022
Platforms that exhibit highest demand for smart weapons during 2018-2022
Major smart weapon technology that is projected to attract investment during 2018-2022
Major smart weapon technology focus towards research and development during 2018-2022
Appendix
List of Figures
Figure 1: Impact level of smart weapons on defense industry during 2018-2022-Overall
Figure 2: Impact level of smart weapons on defense industry during 2018-2022- By Region
Figure 3: Impact level of smart weapons on defense industry during 2018-2022- By Company Types
Figure 4: Key factor influencing smart weapon growth during 2018-2022- Overall
Figure 5: Key factor influencing smart weapon growth during 2018-2022- By Region
Figure 6: Key factor influencing smart weapon growth during 2018-2022- By Company Types
Figure 7: Key barriers to develop smart weapons during 2018-2022- Overall
Figure 8: Key barriers to develop smart weapons during 2018-2022- By Region
Figure 9: Key barriers to develop smart weapons during 2018-2022- By Company Types
Figure 10: Defense industry budget allocation for smart weapons in 2018-2022- By Region
Figure 11: Defense industry budget allocation for smart weapons in 2018-2022- By Company Types
Figure 12: Critical impact on suppliers’ revenue due to smart weapons during 2018-2022- Overall
Figure 13: Critical impact on suppliers’ revenue due to smart weapons during 2018-2022- By Company Types
Figure 14: Change in demand for smart weapons aftermath of defense budget cuts- Overall
Figure 15: Change in demand for smart weapons aftermath of defense budget cuts- By Company Types
Figure 16: Clients willingness to pay for smart weapons during 2018-2022- Overall
Figure 17: Clients willingness to pay for smart weapons during 2018-2022- By Company Types
Figure 18: Smart weapons price sensitive during 2018-2022- By Region and Company Types
Figure 19: Countries projected to witness highest demand for smart weapons during 2018-2022- Overall
Figure 20: Countries projected to witness highest demand for smart weapons during 2018-2022- By Company Types
Figure 21: Platforms projected to witness highest demand for smart weapons during 2018-2022- Overall
Figure 22: Platforms projected to witness highest demand for smart weapons during 2018-2022- By Region
Figure 23: Platforms projected to witness highest demand for smart weapons during 2018-2022- By Company Types
Figure 24: Major smart weapon technology that attract investment in 2018-2022- Overall
Figure 25: Major smart weapon technology that attract investment in 2018-2022- By Region
Figure 26: Major smart weapon technology that attract investment in 2018-2022- By Company Types
Figure 27: Major smart weapon technology concentrating on research and development during 2018-2022- Overall
Figure 28: Key impact of Artificial Intelligence (AI) and Robotics in smart weapon industry during 2018-2022- Overall and region
Figure 29: Key impact of Artificial Intelligence (AI) and Robotics in smart weapon industry during 2018-2022- By Company Types

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