Naval Smart Weapon Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Naval Smart Weapon Market covers analysis By Weapon Type (Missile, Ammunition, Others); Technology (Laser Guidance, Radar Guidance, Satellite Guidance, Infrared Guidance) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00023390
  • Category : Aerospace and Defense
  • No. of Pages : 150

Naval Smart Weapon Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET OVERVIEW

Smart weapons are also known as precision-guided munition, intended to precisely hit a specific target, to minimize collateral damage and increase lethality against intended targets. Smart weapons such as missile or steerable bombs are usually equipped with a satellite, laser, or satellite guidance system. Smart weapons are different from brilliant weapons as smart weapons use guidance systems that rely on external assistance, whereas brilliant weapons are totally self-guided..

MARKET SCOPE

The "Global Naval Smart Weapon Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the naval smart weapon market with detailed market segmentation by weapon type, technology and geography. The report provides key statistics on the market status of the leading naval smart weapon market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION


  •   Based on weapon type, the global naval smart weapon market is segmented into missile, ammunition, others
  •   On the basis of technology, the market is segmented laser guidance, radar guidance, satellite guidance, infrared guidance

MARKET DYNAMICS
Drivers:

  •   The growing demand for sea-based warfare, along with the increasing fleets of naval vessels of countries around the world, is propelling the procurement of sea-based smart weapons.
  •   The market is primarily driven by the growing demand for precision strikes, to hit the target with high accuracy.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The naval smart weapon market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the naval smart weapon market in these regions.

IMPACT OF COVID-19 ON NAVAL SMART WEAPON MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Naval Smart Weapon Market Report Analysis

Naval Smart Weapon Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Boeing
  • Lockheed Martin Corporation
  • Raytheon Technologies Company
  • BAE Systems
  • Rheinmetall AG
  • Thales Group
  • L3Harris Technologies Inc
  • Northrop Grumman
  • MBDA

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By Weapon Type
  • Missile
  • Ammunition
  • Others
Market Segment By Technology
  • Laser Guidance
  • Radar Guidance
  • Satellite Guidance
  • Infrared Guidance
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS


The report covers key developments in the naval smart weapon market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from naval smart weapon market are anticipated to lucrative growth opportunities in the future with the rising demand for gun lockers in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the naval smart weapon market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Boeing
  •   Lockheed Martin Corporation
  •   Raytheon Technologies Company
  •   BAE Systems
  •   Rheinmetall AG
  •   Thales Group
  •   L3Harris Technologies, Inc.
  •   Northrop Grumman
  •   MBDA
  •   Leonardo S.p.A.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Naval Smart Weapon Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Weapon Type
  • Missile
  • Ammunition
  • Others
By Technology
  • Laser Guidance
  • Radar Guidance
  • Satellite Guidance
  • Infrared Guidance
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Boeing
  • Lockheed Martin Corporation
  • Raytheon Technologies Company
  • BAE Systems
  • Rheinmetall AG
  • Thales Group
  • L3Harris Technologies Inc
  • Northrop Grumman
  • MBDA
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

This text is related
to segments covered.

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

This text is related
to country scope.

The List of Companies

1. Boeing
2. Lockheed Martin Corporation
3. Raytheon Technologies Company
4. BAE Systems
5. Rheinmetall AG
6. Thales Group
7. L3Harris Technologies, Inc.
8. Northrop Grumman
9. MBDA
10. Leonardo S.p.A.

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