Land-based Smart Weapons Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Smart weapons are usually the bombs and projectiles guided by lasers and other means, known for exceptional accuracy. In particular, the smart word has been used to describe weapons that can acquire and attack targets with minimum external support. The land-based smart weapons are majorly classified as missiles and ammunition. Moreover, integrating smart munitions into the existing land-based defense systems to improve their destructiveness has boosted the demand for the land-based smart weapons market.
MARKET DYNAMICS
Integrating smart munitions into the existing land-based defense systems to improve their destructiveness is driving the growth of the land-based smart weapons market. However, the need of regular maintenance of equipment may restrain the growth of the land-based smart weapons market. Furthermore, the growth in defense spending in developing economies is anticipated to create market opportunity for the land-based smart weapons market during the forecast period.
MARKET SCOPE
The "Global Land-based Smart Weapons Market Analysis To 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The land-based smart weapons market report aims to provide an overview of the land-based smart weapons market with detailed market segmentation by product, technology, and geography. The global land-based smart weapons market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading land-based smart weapons market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global land-based smart weapons market is segmented on the basis of product and technology. Based on product, the land-based smart weapons market is segmented into: missiles, ammunition, and others. On the basis of technology, the land-based smart weapons market is segmented into: satellite guidance, radar guidance, infrared guidance, and laser guidance.
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 land-based smart weapons market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The land-based smart weapons market by each region is later sub-segmented by respective countries and segments. The land-based smart weapons market 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 land-based smart weapons market from both demand and supply side and further evaluates market dynamics affecting the market during 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 land-based smart weapons market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global land-based smart weapons market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The land-based smart weapons market by each region is later sub-segmented by respective countries and segments. The land-based smart weapons market 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 land-based smart weapons market from both demand and supply side and further evaluates market dynamics affecting the market during 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 land-based smart weapons market in these regions.
MARKET PLAYERS
The reports cover key developments in the land-based smart weapons 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 market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from land-based smart weapons market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the land-based smart weapons market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the land-based smart weapons 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.
- BAE Systems
- General Dynamics Ordnance and Tactical Systems
- IAI Group
- Lockheed Martin Corporation
- MBDA
- Northrop Grumman Corporation
- Rafael Advanced Defense Systems Ltd.
- Raytheon Company
- Rheinmetall AG
- Safran Electronics and Defense
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.
- 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 Land-based Smart Weapons Market - By Product
1.3.2 Land-based Smart Weapons Market - By Technology
1.3.3 Land-based Smart Weapons Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LAND-BASED SMART WEAPONS 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. LAND-BASED SMART WEAPONS 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. LAND-BASED SMART WEAPONS MARKET - GLOBAL MARKET ANALYSIS
6.1. LAND-BASED SMART WEAPONS - GLOBAL MARKET OVERVIEW
6.2. LAND-BASED SMART WEAPONS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LAND-BASED SMART WEAPONS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. MISSILES
7.3.1. Overview
7.3.2. Missiles 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. LAND-BASED SMART WEAPONS MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. SATELLITE GUIDANCE
8.3.1. Overview
8.3.2. Satellite Guidance Market Forecast and Analysis
8.4. RADAR GUIDANCE
8.4.1. Overview
8.4.2. Radar Guidance Market Forecast and Analysis
8.5. INFRARED GUIDANCE
8.5.1. Overview
8.5.2. Infrared Guidance Market Forecast and Analysis
8.6. LASER GUIDANCE
8.6.1. Overview
8.6.2. Laser Guidance Market Forecast and Analysis
9. LAND-BASED SMART WEAPONS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Land-based Smart Weapons Market Overview
9.1.2 North America Land-based Smart Weapons Market Forecasts and Analysis
9.1.3 North America Land-based Smart Weapons Market Forecasts and Analysis - By Product
9.1.4 North America Land-based Smart Weapons Market Forecasts and Analysis - By Technology
9.1.5 North America Land-based Smart Weapons Market Forecasts and Analysis - By Countries
9.1.5.1 United States Land-based Smart Weapons Market
9.1.5.1.1 United States Land-based Smart Weapons Market by Product
9.1.5.1.2 United States Land-based Smart Weapons Market by Technology
9.1.5.2 Canada Land-based Smart Weapons Market
9.1.5.2.1 Canada Land-based Smart Weapons Market by Product
9.1.5.2.2 Canada Land-based Smart Weapons Market by Technology
9.1.5.3 Mexico Land-based Smart Weapons Market
9.1.5.3.1 Mexico Land-based Smart Weapons Market by Product
9.1.5.3.2 Mexico Land-based Smart Weapons Market by Technology
9.2. EUROPE
9.2.1 Europe Land-based Smart Weapons Market Overview
9.2.2 Europe Land-based Smart Weapons Market Forecasts and Analysis
9.2.3 Europe Land-based Smart Weapons Market Forecasts and Analysis - By Product
9.2.4 Europe Land-based Smart Weapons Market Forecasts and Analysis - By Technology
9.2.5 Europe Land-based Smart Weapons Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Land-based Smart Weapons Market
9.2.5.1.1 Germany Land-based Smart Weapons Market by Product
9.2.5.1.2 Germany Land-based Smart Weapons Market by Technology
9.2.5.2 France Land-based Smart Weapons Market
9.2.5.2.1 France Land-based Smart Weapons Market by Product
9.2.5.2.2 France Land-based Smart Weapons Market by Technology
9.2.5.3 Italy Land-based Smart Weapons Market
9.2.5.3.1 Italy Land-based Smart Weapons Market by Product
9.2.5.3.2 Italy Land-based Smart Weapons Market by Technology
9.2.5.4 United Kingdom Land-based Smart Weapons Market
9.2.5.4.1 United Kingdom Land-based Smart Weapons Market by Product
9.2.5.4.2 United Kingdom Land-based Smart Weapons Market by Technology
9.2.5.5 Russia Land-based Smart Weapons Market
9.2.5.5.1 Russia Land-based Smart Weapons Market by Product
9.2.5.5.2 Russia Land-based Smart Weapons Market by Technology
9.2.5.6 Rest of Europe Land-based Smart Weapons Market
9.2.5.6.1 Rest of Europe Land-based Smart Weapons Market by Product
9.2.5.6.2 Rest of Europe Land-based Smart Weapons Market by Technology
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Land-based Smart Weapons Market Overview
9.3.2 Asia-Pacific Land-based Smart Weapons Market Forecasts and Analysis
9.3.3 Asia-Pacific Land-based Smart Weapons Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Land-based Smart Weapons Market Forecasts and Analysis - By Technology
9.3.5 Asia-Pacific Land-based Smart Weapons Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Land-based Smart Weapons Market
9.3.5.1.1 Australia Land-based Smart Weapons Market by Product
9.3.5.1.2 Australia Land-based Smart Weapons Market by Technology
9.3.5.2 China Land-based Smart Weapons Market
9.3.5.2.1 China Land-based Smart Weapons Market by Product
9.3.5.2.2 China Land-based Smart Weapons Market by Technology
9.3.5.3 India Land-based Smart Weapons Market
9.3.5.3.1 India Land-based Smart Weapons Market by Product
9.3.5.3.2 India Land-based Smart Weapons Market by Technology
9.3.5.4 Japan Land-based Smart Weapons Market
9.3.5.4.1 Japan Land-based Smart Weapons Market by Product
9.3.5.4.2 Japan Land-based Smart Weapons Market by Technology
9.3.5.5 South Korea Land-based Smart Weapons Market
9.3.5.5.1 South Korea Land-based Smart Weapons Market by Product
9.3.5.5.2 South Korea Land-based Smart Weapons Market by Technology
9.3.5.6 Rest of Asia-Pacific Land-based Smart Weapons Market
9.3.5.6.1 Rest of Asia-Pacific Land-based Smart Weapons Market by Product
9.3.5.6.2 Rest of Asia-Pacific Land-based Smart Weapons Market by Technology
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Land-based Smart Weapons Market Overview
9.4.2 Middle East and Africa Land-based Smart Weapons Market Forecasts and Analysis
9.4.3 Middle East and Africa Land-based Smart Weapons Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Land-based Smart Weapons Market Forecasts and Analysis - By Technology
9.4.5 Middle East and Africa Land-based Smart Weapons Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Land-based Smart Weapons Market
9.4.5.1.1 South Africa Land-based Smart Weapons Market by Product
9.4.5.1.2 South Africa Land-based Smart Weapons Market by Technology
9.4.5.2 Saudi Arabia Land-based Smart Weapons Market
9.4.5.2.1 Saudi Arabia Land-based Smart Weapons Market by Product
9.4.5.2.2 Saudi Arabia Land-based Smart Weapons Market by Technology
9.4.5.3 U.A.E Land-based Smart Weapons Market
9.4.5.3.1 U.A.E Land-based Smart Weapons Market by Product
9.4.5.3.2 U.A.E Land-based Smart Weapons Market by Technology
9.4.5.4 Rest of Middle East and Africa Land-based Smart Weapons Market
9.4.5.4.1 Rest of Middle East and Africa Land-based Smart Weapons Market by Product
9.4.5.4.2 Rest of Middle East and Africa Land-based Smart Weapons Market by Technology
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Land-based Smart Weapons Market Overview
9.5.2 South and Central America Land-based Smart Weapons Market Forecasts and Analysis
9.5.3 South and Central America Land-based Smart Weapons Market Forecasts and Analysis - By Product
9.5.4 South and Central America Land-based Smart Weapons Market Forecasts and Analysis - By Technology
9.5.5 South and Central America Land-based Smart Weapons Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Land-based Smart Weapons Market
9.5.5.1.1 Brazil Land-based Smart Weapons Market by Product
9.5.5.1.2 Brazil Land-based Smart Weapons Market by Technology
9.5.5.2 Rest of South and Central America Land-based Smart Weapons Market
9.5.5.2.1 Rest of South and Central America Land-based Smart Weapons Market by Product
9.5.5.2.2 Rest of South and Central America Land-based Smart Weapons 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. LAND-BASED SMART WEAPONS MARKET, KEY COMPANY PROFILES
11.1. BAE SYSTEMS
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. GENERAL DYNAMICS ORDNANCE AND TACTICAL SYSTEMS
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. IAI GROUP
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. LOCKHEED MARTIN CORPORATION
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. MBDA
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. NORTHROP GRUMMAN CORPORATION
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. RAFAEL ADVANCED DEFENSE SYSTEMS LTD.
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. RAYTHEON COMPANY
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. RHEINMETALL AG
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. SAFRAN ELECTRONICS AND DEFENSE
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. BAE Systems
2. General Dynamics Ordnance and Tactical Systems
3. IAI Group
4. Lockheed Martin Corporation
5. MBDA
6. Northrop Grumman Corporation
7. Rafael Advanced Defense Systems Ltd.
8. Raytheon Company
9. Rheinmetall AG
10. Safran Electronics and Defense
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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