Smart Weapons Market Worth 15.64 Billion USD by 2021
The report "Smart Weapons Market by Product (Missiles, Munitions, Guided Projectile, Guided Rocket, Guided Firearms), platform (Air, Land, Naval), Technology (Laser, Infrared, Radar, GPS, Others) & Region - Global Forecast to 2021", The smart weapons market is estimated to reach USD 15.64 Billion by 2021, at a CAGR of 6.3% between 2016 and 2021. This growth can be attributed to increasing incidences of armed conflicts, war, and terrorism, which are driving the demand for smart weapons globally.
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