Smart Weapons Market is Estimate to reach $6.1 Billion by 2020 Worth $6.1 Billion by 2020 - New Report by MarketsandMarkets
(PRWEB) March 25, 2015 -- The global Smart Weapons Market can be segmented on the basis of products, technology, platform, and geography. The various technologies considered in this report are radar, laser, infra-red, microwave, global positioning systems, and other technologies encompassing video guidance systems, terrain mapping systems, and inertial navigation systems.
Browse 76 market data Tables and 60 Figures spread through 172 Pages and in-depth TOC on "Smart Weapons Market".
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This report analyzes the global smart weapons market for a period of six years. On the basis of product, the global market is categorized into anti-tank missiles, anti-aircraft missiles, stand-off missiles, guided bombs, target pods, guided artillery shells, guided mortar rounds, guided rockets, and precision guided firearms. Each of these products is further categorized on the basis of technology.
Recent conflicts across the globe have emphasized the need for precision attacks and stand-off surgical strikes. There is an imperative need to avoid collateral damage and at the same time to provide combatant commanders with an efficient fire power capability that could create an immediate positive effect on the battlefield. These needs are met by smart weapons, which are increasingly being taken into the inventory of the armed forces. Given the need for such systems, the demand is expected to increase during and after the forecast period.
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This report is focused on giving a detail-view of the complete smart weapons industry with regards to the products market with detailed market segmentations, combined with qualitative analysis at each and every aspect of the classifications done by technology, devices, characteristics, products, geography, and country. All the numbers in terms of the revenue at every level of detail, are forecasted till 2020 to give a glimpse of the potential revenue base in this market.
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