Press Release

Visiongain Ltd.

Smart Bullets Market Report Up to 2031

September 14th, 2021 12:00 AM

Visiongain has published a new report on Smart Bullets Market Report to 2031: Forecasts By Type (Guided Smart Bullets and Self-guided Smart Bullets), By End User (Airborne, Land, Naval). PLUS, Profiles of Leading Smart Bullets Manufacturing Companies and Regional and Leading National Market Analysis. PLUS, COVID-19 Recovery Scenarios.

COVID-19 Impact on Smart Bullets Market

The COVID-19 pandemic has impacted lives of people all around the globe. It has proved quite detrimental for business across the globe and no industry and remained untouched by its impacts. This pandemic has caused a serious disruption in the supply chain and has resulted in a huge supply-demand gap in the market for smart bullets worldwide.

Download Exclusive Sample of Report @ https://www.visiongain.com/report/smart-bullets-market/#download_sampe_div

Market Drivers

Increasing defense budget
Developing nations across the globe are investing heavily to enhance their defense capabilities. For instance, China’s defense expenditure has witnessed an almost seven-times increase over the past twenty years, growing from US $39.6 billion in 1999 to US $266.4 billion in 2019. Currently, China spends more on defense than South Korea, Japan, Vietnam, and the Philippines combined. Moreover, India’s military spending grew by 6.8% to US $71.1 billion in 2019, according to the Stockholm International Peace research institute (SIPRI) report on the Trends in World Military Expenditure, 2019.

Increase in the demand of weapons
Smart bullets market is anticipated to observe a growth in demand owing to the growing security threats by the rise in terrorist activities. In the recent years, frequent conflicts have been observed among several Asian countries, for instance, China, India, Pakistan. This factor is further expected to bolster the growth of smart bullets market over the forecast years.

Market Opportunities

Increase in the demand of smart bullets in air force
Among end-users comprising airborne, land, and navel, the airborne category is expected to be one of the dominant drivers in the global smart bullets market. The rise in demand of smart bullets from (Unmanned Combat Aerial Vehicle) UCAV systems is anticipated to bolster the growth of smart bullets market over the forecast period.

How the Smart Bullets Market report helps you
In summary, our 500+ page report provides you with the following knowledge:

  • Revenue forecasts to 2031 for Smart Bullets Market, with forecasts for Type, and End User, each forecasted at a global and regional level- discover the industry’s prospects, finding the most lucrative places for investments and revenues
  • Revenue forecasts to 2031 for 5 regional and 16 key national markets – See forecasts for the Smart Bullets market in North America, Europe, Asia-Pacific and Rest of the World. Also forecasted is the market in the US, Canada, Argentina, Brazil, Germany, France, UK, Italy, Spain, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market- including company profiles for 10 of the major companies involved in the Smart Bullets Market.

Get Detailed TOC @ https://www.visiongain.com/report/smart-bullets-market/#download_sampe_div

Competitive Landscape

Some of the companies profiled in the report include Lockheed Martin, Northrop Grumman, Thales Group, Raytheon, Dassault Aviation, BAE Systems, Taser International, General Dynamics, Textron Defense Systems, and Harris Corporation.

In February 2017, Lockheed announced to develop smart bullets to help defend Navy vessels from swarming attacks

In October 2020, The RAPIDFire system developed by the consortium formed by Thales and Nexter was chosen by the French defense procurement agency (DGA) to equip future French Navy vessels with new artillery.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

To access the data contained in this document please email contactus@visiongain.com

Information found nowhere else
With our newly published report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Smart Bullets Market and leading companies. You will find data, trends and predictions.

Find more research reports on the Defense Weapons Sector, please click on the following links:

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: catherine.walker@visiongain.com

About Visiongain

Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports mean that you can have a bespoke piece of market intelligence customized to your very own business needs.

Contact:

Catherine Walker
PR at Visiongain Inc.
Tel: + 44 0207 336 6100
USA Tel: + 1 718 682 4567
EU Tel: + 353 1 695 0006
Toll Free: 00-1-646-396-5129
Email: catherine.walker@visiongain.com
Web: https://www.visiongain.com
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SOURCE Visiongain Limited.

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