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Defense

Global Smart Weapons Expenditure Forecast: 2019 - 2029 (Data Tables)



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Report Summary:

Strategy Analytics forecasts that expenditures on Smart Weapons will reach $63.0 billion in 2029. North America, driven by US defense spending represents the largest opportunity, but aan uncertain post-COVID economic recovery and defense spending plan from the newly installed US administration will keep the growth rate of US smart weapons spending below the market average. Asia-Pacific, driven by China's defense spending growth, will outpace the market and this region will capture market share. Some of the drivers for this trajectory are an evolving battlefield philosophy emphasizing more capability rather than larger forces, a desire to modernize and increase indigenous capabilities, the speed of economic recovery post-COVID and an increasingly aggressive China.
Table of Contents

1. Title
2. Contents
3. Analysis
4. Smart Weapons Expenditures
5. Smart Weapons Shipments
6. Guidance Expenditures
7. Guidance Shipments
8. Component Expenditures
9. Component Shipments
10. NGS Expenditures
11. NGS Shipments
12. Target Seeker Expenditures
13. Target Seeker Shipments
14. Fuze Component Expenditures
15. Fuze Component Shipments
16. Definitions
17. Methodology
18. How Can We Help You
19. Contacts
 

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