Topic: smart weapons market size

Smart Weapons Market Overview: The Smart Weapons Market Outlook is experiencing substantial growth driven by technological advancements and the increasing focus on enhancing military capabilities. Smart weapons, equipped with guidance systems and target-seeking capabilities, offer higher accuracy and effectiveness compared to conventional weapons. The demand for smart weapons is fueled by the need for precision strikes and reduced collateral damage in modern warfare scenarios. Additionally, t...

Overview and Scope A smart weapons refers to computer-guided weapons embedded with sensors and guided systems. These precision-guided weapons can hit targets with high accuracy and precision and are operated remotely, assisted by the use of external operating systems. Sizing and Forecast The smart weapons market size has grown strongly in recent years. It will grow from $15.04 in 2023 to $16.52 in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be...