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(Transportation-News.com, July 01, 2018 ) Smart weapons is a military term that is used for the weapons that are able to guide themselves to the target with the help of onboard computers. Weapons such as bombs and projectiles guided by lasers have higher accuracy in hitting the target as compared to the normal weapons.
Increase in the terrorist activities globally, thereby increasing the need for a better and modernized weapons, is one of the major driver for the growth of smart weapons. However, certain regulations in some countries regarding the export of such product can act as restraining factor in the market. The growing trend in the smart weapons market is the development initiative that has been taken to incorporate biometric technology in the weapons such as palm print scanners or voice recognition.
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The objective of this report is as follows:
- To provide overview of the global Smart Weapons market
- To analyze and forecast the global Smart Weapons market on the basis of type, and application
- To provide market size and forecast till 2025 for overall Smart Weapons market with respect to five major regions
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
- To provide exhaustive PEST analysis for all five regions
The report aims to provide an overview of global smart weapons market with detailed market segmentation by product, platform, technology, and geography. The global smart weapons market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart weapons market based on product, platform and technology. It also provides market size and forecast till 2025 for overall smart weapons market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments.
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Source: EmailWire.com
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