Smart Weapons Market Size, Share, and Trends 2024 to 2034

The global smart weapons market size is accounted at USD 22.44 billion in 2025 and is forecasted to hit around USD 55.79 billion by 2034, representing a CAGR of 10.65% from 2025 to 2034. The North America market size was estimated at USD 7.10 billion in 2024 and is expanding at a CAGR of 10.80% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 5558
  • Category : Aerospace and Defence

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis 
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. COVID-19 Impact on Smart Weapons Market

5.1. COVID-19 Landscape: Smart Weapons Industry Impact
5.2. COVID-19  Impact Assessment for the Industry
5.3. COVID-19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Smart Weapons Market, By Product

8.1. Smart Weapons Market Revenue and Volume, by Product
8.1.1 Missiles
8.1.1.1. Market Revenue and Volume Forecast 
8.1.2. Munitions
8.1.2.1. Market Revenue and Volume Forecast 
8.1.3. Guided Projectiles
8.1.3.1. Market Revenue and Volume Forecast 
8.1.4. Guided RocketsDessert
8.1.4.1. Market Revenue and Volume Forecast 
8.1.5. Directed Energy Weapons
8.1.5.1. Market Revenue and Volume Forecast

Chapter 9. Global Smart Weapons Market, By Platform

9.1. Smart Weapons Market Revenue and Volume, by Platform
9.1.1. Air
9.1.1.1. Market Revenue and Volume Forecast 
9.1.2. Land
9.1.2.1. Market Revenue and Volume Forecast 
9.1.3. Naval
9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Smart Weapons Market, By Technology

10.1. Smart Weapons Market Revenue and Volume, by Technology
10.1.1. Laser Guidance
10.1.1.1. Market Revenue and Volume Forecast 
10.1.2. Infrared Guidance
10.1.2.1. Market Revenue and Volume Forecast 
10.1.3. Radar Guidance
10.1.3.1. Market Revenue and Volume Forecast 
10.1.4. Satellite Guidance
10.1.4.1. Market Revenue and Volume Forecast 
10.1.5. Others
10.1.5.1. Market Revenue and Volume Forecast

Chapter 11. Global Smart Weapons Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Product 
11.1.2. Market Revenue and Volume Forecast, by Platform 
11.1.3. Market Revenue and Volume Forecast, by Technology 
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Product 
11.1.4.2. Market Revenue and Volume Forecast, by Platform 
11.1.4.3. Market Revenue and Volume Forecast, by Technology 
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Product 
11.1.5.2. Market Revenue and Volume Forecast, by Platform 
11.1.5.3. Market Revenue and Volume Forecast, by Technology 
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Product 
11.2.2. Market Revenue and Volume Forecast, by Platform 
11.2.3. Market Revenue and Volume Forecast, by Technology 
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Product 
11.2.4.2. Market Revenue and Volume Forecast, by Platform 
11.2.4.3. Market Revenue and Volume Forecast, by Technology 
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Product 
11.2.5.2. Market Revenue and Volume Forecast, by Platform 
11.2.5.3. Market Revenue and Volume Forecast, by Technology 
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Product 
11.2.6.2. Market Revenue and Volume Forecast, by Platform 
11.2.6.3. Market Revenue and Volume Forecast, by Technology 
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Product 
11.2.7.2. Market Revenue and Volume Forecast, by Platform 
11.2.7.3. Market Revenue and Volume Forecast, by Technology 
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Product 
11.3.2. Market Revenue and Volume Forecast, by Platform 
11.3.3. Market Revenue and Volume Forecast, by Technology 
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Product 
11.3.4.2. Market Revenue and Volume Forecast, by Platform 
11.3.4.3. Market Revenue and Volume Forecast, by Technology 
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Product 
11.3.5.2. Market Revenue and Volume Forecast, by Platform 
11.3.5.3. Market Revenue and Volume Forecast, by Technology 
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Product 
11.3.6.2. Market Revenue and Volume Forecast, by Platform 
11.3.6.3. Market Revenue and Volume Forecast, by Technology 
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Product 
11.3.7.2. Market Revenue and Volume Forecast, by Platform 
11.3.7.3. Market Revenue and Volume Forecast, by Technology 
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Product 
11.4.2. Market Revenue and Volume Forecast, by Platform 
11.4.3. Market Revenue and Volume Forecast, by Technology 
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Product 
11.4.4.2. Market Revenue and Volume Forecast, by Platform 
11.4.4.3. Market Revenue and Volume Forecast, by Technology 
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Product 
11.4.5.2. Market Revenue and Volume Forecast, by Platform 
11.4.5.3. Market Revenue and Volume Forecast, by Technology 
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Product 
11.4.6.2. Market Revenue and Volume Forecast, by Platform 
11.4.6.3. Market Revenue and Volume Forecast, by Technology 
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Product 
11.4.7.2. Market Revenue and Volume Forecast, by Platform 
11.4.7.3. Market Revenue and Volume Forecast, by Technology 
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Product 
11.5.2. Market Revenue and Volume Forecast, by Platform 
11.5.3. Market Revenue and Volume Forecast, by Technology 
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Product 
11.5.4.2. Market Revenue and Volume Forecast, by Platform 
11.5.4.3. Market Revenue and Volume Forecast, by Technology 
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Product 
11.5.5.2. Market Revenue and Volume Forecast, by Platform 
11.5.5.3. Market Revenue and Volume Forecast, by Technology

Chapter 12. Company Profiles

12.1. BAE Systems 
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Boeing 
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. General Dynamics Corporation
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Lockheed Martin Corporation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. MBDA 
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Northrop Grumman Corporation 
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Raytheon Company, a Raytheon Technologies Company 
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Rheinmetall AG 
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Textron Inc. 
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Thales Group 
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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Frequently Asked Questions

The global smart weapons market size is expected to grow from USD 20.28 billion in 2024 to USD 55.79 billion by 2034.

The smart weapons market is anticipated to grow at a CAGR of 10.65% between 2025 and 2034.

The major players operating in the smart weapons market are BAE Systems, Boeing, General Dynamics Corporation, Lockheed Martin Corporation, MBDA, Northrop Grumman Corporation, Raytheon Company, a Raytheon Technologies Company, Rheinmetall AG, Textron Inc., Thales Group

The driving factors of the smart weapons market are the defense expenditures target next-generation munitions, guided missiles, and AI-powered systems to drive research work and both developmental and large-scale purchases of advanced weapons.

North America region will lead the global smart weapons market during the forecast period 2025 to 2034.

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