Research and Markets has announced the addition of the "Smart Weapon Market - Forecast (2016-2022)" report to their offering.

Smart weapon can be defined as a guided munition equipped with a laser, television, or satellite guidance system intended to precisely hit a specific target, and to minimize collateral damage. Such weapons use guidance systems that rely on external assistance, are distinguished from brilliant weapons, which are totally self-guided. Globally, changing warfare tactics and rising need for precision munitions are expected to remain the key growth drivers for the smart weapons during the period of study.

Geographically, North America dominated the smart weapon market driven by higher defense budget and high spending on up gradation of its weapons technology. North America was followed by Europe and Asia-Pacific as second and third largest market for the smart weapon market. Asia Pacific is projected to have the fastest growth due to increasing defense budget of major economies like India and China to protect its borders from terrorism and intrusion activities in the region.

Companies Mentioned:

  • Lockheed Martin Corporation
  • Raytheon Company
  • MBDA, Inc.
  • General Dynamics Corporation
  • Orbital ATK
  • BAE Systems, PLC.
  • The Boeing Company
  • L-3 Communications Holdings, Inc.
  • Thales Group
  • Textron Inc.
  • Rheinmetall Ag

Key Topics Covered:

1. Market Overview

2. Executive Summary

3. Market Landscape

4. Market Forces

5. Strategic Analysis

6. Smart weapon Market, By Product Type

7. Smart weapon Market, By Platform

8. Smart weapon Market, By Technology

9. Smart weapon Market, By Geography

10. Market Entropy

11. Company Profiles

12. Appendix

For more information about this report visit http://www.researchandmarkets.com/research/nql7p3/smart_weapon