Smart Weapons Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019

Transparency Market
Research

Smart Weapons Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2013 – 2019

Published Date
2014-07-31

75 Page Report

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U.S. to Dominate Global Smart Weapons Market : Transparency
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Smart Weapons Market

REPORT DESCRIPTION

Transparency Market Research has released a new research report on the global smart weapons market.
The report, titled “Smart Weapons Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2013 - 2019”, forecasts the growth of the smart weapons market at a CAGR of 10.3% during the
period from 2013 to 2019. In 2012, the overall market was worth US$34 billion and, with the positive
growth in the forecast period, the market is expected to reach US$66.91 billion by 2019. Smart weapons,
also called precision-guided munition, are designed to hit a definite target accurately. With the help of laser
guidance systems, TV camera systems, and satellite systems, smart weapons overcome the challenge of
hitting moving targets over long distances. The report cites the rising need for precision to avoid collateral
damage has promoted the uptake of smart weapons. High defense budget of various nations, coupled with
the escalating demand for weapons from emerging economies, has encouraged the growth of the global
smart weapons market.
Browse the full Smart Weapons Market Research Report With Complete TOC @
http://www.transparencymarketresearch.com/smart-weapons-market.html
Smart weapons display improved accuracy through precision navigation systems, which will lead to the
rise in demand during the forecast period. The UN Office for Disarmament Affairs introduced the landmark
Arms Trade Treaty (ATT) in December 2014, which will regulate the international trade in...