(PRWEB) July 19, 2014
The Europe smart weapon market report defines and segments the smart weapon market in Europe with analysis and forecast of revenue. The smart weapon market in Europe is estimated to grow from $758.5 million in 2013 to $1067.6 million by 2018, at a CAGR of 7.07%, from 2013 to 2018.
Browse through the TOC of the Europe Smart weapon market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the European smart weapon market, and is supported by various tables and figures.
The nature of warfare has changed drastically since the 9/11 terrorist attacks. The threats we face today are uncertain. The battlefield is often urban environment and population centers, and the enemy is tactically innovative, highly networked, and intelligent, which defeats the conventional superiority that the armed forces possess. However, the technological advances of today have given us the capability to face the enemy in an efficient and effective manner. One such advancement is in the area of smart weapons technology.
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Recent defense budget cuts in major countries in Europe can be a major restraint, which can restrict the growth of this particular market in Europe. The major drivers for this market in Europe are ongoing modernization, replenishment programs, and reducing logistics burden.
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This market is segmented and forecast on the basis of five major sub-sectors, namely anti-armor weapons, guided munitions, guided projectiles, guided rockets, and stand-off missiles. The market is further segmented country wise, such as UK, Italy, France, and Germany.
This report also includes the market share, supply chain, and value chain analyses, besides market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in this market.
Asia Smart Weapons Market
The smart weapons market in Asia-pacific is segmented on the basis of sub-sector, namely anti-armor weapons, guided munitions, guided projectiles, standoff missiles, and guided rockets. This report presents a complete analysis of the market in the Asia-pacific region during the forecast period, from 2013 to 2018.
It provides insight into the regional trends in spending and data on spending patterns on different sub-sector, as well as analyses the market size by region for the smart weapons market in Asia-pacific. It tracks, analyzes, and lays out the market size of the major firms spending in the defense sector on smart weapons in the Asia-pacific region.The report covers leading competitors in the Asia-pacific region who are operating in the smart weapons market.
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