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.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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.
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Naval Smart Weapon Market - By Weapon Type
1.3.2 Naval Smart Weapon Market - By Technology
1.3.3 Naval Smart Weapon Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. NAVAL SMART WEAPON MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. NAVAL SMART WEAPON MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. NAVAL SMART WEAPON MARKET - GLOBAL MARKET ANALYSIS
6.1. NAVAL SMART WEAPON - GLOBAL MARKET OVERVIEW
6.2. NAVAL SMART WEAPON - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. NAVAL SMART WEAPON MARKET - REVENUE AND FORECASTS TO 2028 - WEAPON TYPE
7.1. OVERVIEW
7.2. WEAPON TYPE MARKET FORECASTS AND ANALYSIS
7.3. MISSILE
7.3.1. Overview
7.3.2. Missile Market Forecast and Analysis
7.4. AMMUNITION
7.4.1. Overview
7.4.2. Ammunition Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. NAVAL SMART WEAPON MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. LASER GUIDANCE
8.3.1. Overview
8.3.2. Laser Guidance Market Forecast and Analysis
8.4. RADAR GUIDANCE
8.4.1. Overview
8.4.2. Radar Guidance Market Forecast and Analysis
8.5. SATELLITE GUIDANCE
8.5.1. Overview
8.5.2. Satellite Guidance Market Forecast and Analysis
8.6. INFRARED GUIDANCE
8.6.1. Overview
8.6.2. Infrared Guidance Market Forecast and Analysis
9. NAVAL SMART WEAPON MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Naval Smart Weapon Market Overview
9.1.2 North America Naval Smart Weapon Market Forecasts and Analysis
9.1.3 North America Naval Smart Weapon Market Forecasts and Analysis - By Weapon Type
9.1.4 North America Naval Smart Weapon Market Forecasts and Analysis - By Technology
9.1.5 North America Naval Smart Weapon Market Forecasts and Analysis - By Countries
9.1.5.1 United States Naval Smart Weapon Market
9.1.5.1.1 United States Naval Smart Weapon Market by Weapon Type
9.1.5.1.2 United States Naval Smart Weapon Market by Technology
9.1.5.2 Canada Naval Smart Weapon Market
9.1.5.2.1 Canada Naval Smart Weapon Market by Weapon Type
9.1.5.2.2 Canada Naval Smart Weapon Market by Technology
9.1.5.3 Mexico Naval Smart Weapon Market
9.1.5.3.1 Mexico Naval Smart Weapon Market by Weapon Type
9.1.5.3.2 Mexico Naval Smart Weapon Market by Technology
9.2. EUROPE
9.2.1 Europe Naval Smart Weapon Market Overview
9.2.2 Europe Naval Smart Weapon Market Forecasts and Analysis
9.2.3 Europe Naval Smart Weapon Market Forecasts and Analysis - By Weapon Type
9.2.4 Europe Naval Smart Weapon Market Forecasts and Analysis - By Technology
9.2.5 Europe Naval Smart Weapon Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Naval Smart Weapon Market
9.2.5.1.1 Germany Naval Smart Weapon Market by Weapon Type
9.2.5.1.2 Germany Naval Smart Weapon Market by Technology
9.2.5.2 France Naval Smart Weapon Market
9.2.5.2.1 France Naval Smart Weapon Market by Weapon Type
9.2.5.2.2 France Naval Smart Weapon Market by Technology
9.2.5.3 Italy Naval Smart Weapon Market
9.2.5.3.1 Italy Naval Smart Weapon Market by Weapon Type
9.2.5.3.2 Italy Naval Smart Weapon Market by Technology
9.2.5.4 United Kingdom Naval Smart Weapon Market
9.2.5.4.1 United Kingdom Naval Smart Weapon Market by Weapon Type
9.2.5.4.2 United Kingdom Naval Smart Weapon Market by Technology
9.2.5.5 Russia Naval Smart Weapon Market
9.2.5.5.1 Russia Naval Smart Weapon Market by Weapon Type
9.2.5.5.2 Russia Naval Smart Weapon Market by Technology
9.2.5.6 Rest of Europe Naval Smart Weapon Market
9.2.5.6.1 Rest of Europe Naval Smart Weapon Market by Weapon Type
9.2.5.6.2 Rest of Europe Naval Smart Weapon Market by Technology
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Naval Smart Weapon Market Overview
9.3.2 Asia-Pacific Naval Smart Weapon Market Forecasts and Analysis
9.3.3 Asia-Pacific Naval Smart Weapon Market Forecasts and Analysis - By Weapon Type
9.3.4 Asia-Pacific Naval Smart Weapon Market Forecasts and Analysis - By Technology
9.3.5 Asia-Pacific Naval Smart Weapon Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Naval Smart Weapon Market
9.3.5.1.1 Australia Naval Smart Weapon Market by Weapon Type
9.3.5.1.2 Australia Naval Smart Weapon Market by Technology
9.3.5.2 China Naval Smart Weapon Market
9.3.5.2.1 China Naval Smart Weapon Market by Weapon Type
9.3.5.2.2 China Naval Smart Weapon Market by Technology
9.3.5.3 India Naval Smart Weapon Market
9.3.5.3.1 India Naval Smart Weapon Market by Weapon Type
9.3.5.3.2 India Naval Smart Weapon Market by Technology
9.3.5.4 Japan Naval Smart Weapon Market
9.3.5.4.1 Japan Naval Smart Weapon Market by Weapon Type
9.3.5.4.2 Japan Naval Smart Weapon Market by Technology
9.3.5.5 South Korea Naval Smart Weapon Market
9.3.5.5.1 South Korea Naval Smart Weapon Market by Weapon Type
9.3.5.5.2 South Korea Naval Smart Weapon Market by Technology
9.3.5.6 Rest of Asia-Pacific Naval Smart Weapon Market
9.3.5.6.1 Rest of Asia-Pacific Naval Smart Weapon Market by Weapon Type
9.3.5.6.2 Rest of Asia-Pacific Naval Smart Weapon Market by Technology
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Naval Smart Weapon Market Overview
9.4.2 Middle East and Africa Naval Smart Weapon Market Forecasts and Analysis
9.4.3 Middle East and Africa Naval Smart Weapon Market Forecasts and Analysis - By Weapon Type
9.4.4 Middle East and Africa Naval Smart Weapon Market Forecasts and Analysis - By Technology
9.4.5 Middle East and Africa Naval Smart Weapon Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Naval Smart Weapon Market
9.4.5.1.1 South Africa Naval Smart Weapon Market by Weapon Type
9.4.5.1.2 South Africa Naval Smart Weapon Market by Technology
9.4.5.2 Saudi Arabia Naval Smart Weapon Market
9.4.5.2.1 Saudi Arabia Naval Smart Weapon Market by Weapon Type
9.4.5.2.2 Saudi Arabia Naval Smart Weapon Market by Technology
9.4.5.3 U.A.E Naval Smart Weapon Market
9.4.5.3.1 U.A.E Naval Smart Weapon Market by Weapon Type
9.4.5.3.2 U.A.E Naval Smart Weapon Market by Technology
9.4.5.4 Rest of Middle East and Africa Naval Smart Weapon Market
9.4.5.4.1 Rest of Middle East and Africa Naval Smart Weapon Market by Weapon Type
9.4.5.4.2 Rest of Middle East and Africa Naval Smart Weapon Market by Technology
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Naval Smart Weapon Market Overview
9.5.2 South and Central America Naval Smart Weapon Market Forecasts and Analysis
9.5.3 South and Central America Naval Smart Weapon Market Forecasts and Analysis - By Weapon Type
9.5.4 South and Central America Naval Smart Weapon Market Forecasts and Analysis - By Technology
9.5.5 South and Central America Naval Smart Weapon Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Naval Smart Weapon Market
9.5.5.1.1 Brazil Naval Smart Weapon Market by Weapon Type
9.5.5.1.2 Brazil Naval Smart Weapon Market by Technology
9.5.5.2 Argentina Naval Smart Weapon Market
9.5.5.2.1 Argentina Naval Smart Weapon Market by Weapon Type
9.5.5.2.2 Argentina Naval Smart Weapon Market by Technology
9.5.5.3 Rest of South and Central America Naval Smart Weapon Market
9.5.5.3.1 Rest of South and Central America Naval Smart Weapon Market by Weapon Type
9.5.5.3.2 Rest of South and Central America Naval Smart Weapon Market by Technology
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. NAVAL SMART WEAPON MARKET, KEY COMPANY PROFILES
11.1. BOEING
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. LOCKHEED MARTIN CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. RAYTHEON TECHNOLOGIES COMPANY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BAE SYSTEMS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. RHEINMETALL AG
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. THALES GROUP
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. L3HARRIS TECHNOLOGIES, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NORTHROP GRUMMAN
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MBDA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. LEONARDO S.P.A.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
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.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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