A smart bullet not only follows the route of the target but also sends data, changes its speed, and turns according to it. Smart bullets exhibit various features such as better lethality with aim point range. They are also effective against moving targets. Increase in the demand of smart bullets in several developing countries such as India, China, Brazil and Argentina among others is expected to boost the market during the forecast period.
Albany, NY -- (SBWIRE) -- 06/26/2017 -- Rise in the demand of smart bullets in many developing countries such as India, China, Brazil and Argentina and others is anticipated to support the growth of this market during the forecast period 2017-2025. To look into this potential further, a fresh study has been included into the vast online repository of Market Research Reports Search Engine (MRRSE), with the title ''smart-bullets-market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025''. The report intends to offer useful guidelines in the form of analysis of profitable information on active countries, drivers as well as presents an estimation of the forecasts till 2025.
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According to this report, the CAGR is estimated to expand with a value of 15.20%, while the opportunity in this market is projected to rise from US$270.4 Million in 2016 to a value of US$955.4 Million by the end of 2025.
Today, smart bullets are preferred by the military, air force and naval sectors since it has better qualities such as turning, changing speed or sending data. The report begins with the executive summary and the product type is divided into the guided smart bullets and self-guided smart bullets. While in terms of the end user, the market is split to airborne, land and naval respectively. In this section, the key trend analysis, drivers and restraints snapshot analysis is also presented. The market drivers such as increasing the defense budget, increase in the demand for weapons, technological innovation and frequent terror attacks are well-evaluated in this intelligent report.
Another key facet of this report is the regional expanse of the market which is spread across Rest of Latin America, Latin America, Rest of Asia Pacific, Middle East, Asia-Pacific, Rest of Middle East, Rest of Europe and Africa, North America, Canada, Mexico and Europe. The countries evaluated in this study are the U.K., Russia, France, Germany, India, China, Japan, Saudi Arabia and Brazil.
Furthermore, the study analyzes the market value share, the market revenue as well as the forecast, in terms of the product. Moreover, the evaluation of the market value share, market revenue as well as the forecast considering the end user is also available. Through the market value share analysis together with the market revenue and forecast considering the country type, the report enables in creating market-wise businesses.
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Additionally, the leading companies are also analyzed carefully in this intelligent report which are Lockheed Martin Corporation, Northrop Grumman Corporation, BAE Systems PLC., The Raytheon Company, General Dynamics Corporation, Thales Group, Harris Corporation, Boeing Corporation, Taser International, Inc. and Dassault Aviation. In this concluding section, the details about the company details, market presence and strategic overview, as well as the financial and the SWOT analysis are all available.
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