Smart Weapons are projectiles and bombs which are widely known for their accuracy. They are generally guided by lasers and other means. The increasing Technology of smart weapons in the defense sector due to the rising security has propelled the smart weapons market.

The global smart weapons market is segmented on the basis of product, platform, and technology.

On the basis of the product, it is segmented into missiles, munitions, guided projectiles, guided rockets, and precision-guided firearms. owing to the rising number of army modernization programs, increasing procurement of military equipment, and a rise in defense budgets globally, there has been a rise in the demand and use of munitions and missiles segment.

By platform, it is segmented into air, land and naval. The rising need to be self-reliant and have a strong defense background is the major reason fueling the growth of the segment.

On the basis of technology, it is divided into infrared, lasers, GPS, radar, and others. There has been a brisk rise in the demand and usage of infrared technology as it is very accurate and precise. There have been tremendous advancements in infrared technology and it is most widely used in military force Technologies which includes night vision, target acquisition, tracking, and surveillance.

Key Factors Impacting Market Growth:

  • The rising cost of the maintenance and aging military equipment has resulted in increased demand for the smart weapons market.
  • Modernization in the manufacturing of weapon
  • Increasing demand for high precision arms and ammunition 

What Does This Report Provide?

This report provides a detailed understanding of the global smart weapons market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Product:

  • Missiles
  • Munitions
  • Guided Rockets
  • Guided Projectiles
  • Guided Firearms 

By Platform:

  • Land
  • Air
  • Naval

By Technology:

  • Infrared
  • Lasers
  • GPS
  • Radar
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product
    • By Platform
    • By Technology
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Product
    • By Platform
    • By Technology
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product
    • By Platform
    • By Technology
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product
    • By Platform
    • By Technology
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Product
    • By Platform
    • By Technology
  • Rest of the World
    • By Region (South America, Africa)
    • By Product
    • By Platform
    • By Technology

Companies Covered:  Textron Defense Systems, Raytheon Company, Israel Aerospace Industries, General Dynamics, Denel Dynamics, Boeing, Rafael Advanced Defense Systems Ltd. BAE Systems, OTO Melara S.P.A, L-3 Fuzing And Ordnance Systems Inc. and Alliant Techsystems Inc.

Reasons to Buy This Report:

  • Market size estimation of the global smart weapons market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market


We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: [email protected]

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Detailed scope covering all the major segments in the market

Meticulous Data Validations

In line data validations to ensure data precision


Market recommendations supporting decision making processes

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