Chicago, IL -- (SBWIRE) -- 05/30/2017 -- According to the new market research report, "Smart Weapons Market, by Products (Guided Firearm, Missile, Guided Projectile, Munition, Guided Rocket), Technology (Laser, Radar, GPS, Infrared), Platform (Land, Air, Naval) - Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", published by Scalar Market Research, the global smart weapons market is expected to grow at an impressive rate during the forecast period.

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The global smart weapons market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key players, premium insights, technology trends and forecast to 2022. It also focuses on the key drivers and opportunities in this market.

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Key findings of the report:

1. The strong rise in demand for the advanced defense systems is one of the major growth drivers for the global smart weapons market.

2. According to the report, the rising demand to reduce the logistic burdens is also expected to drive the growth of this market during the forecast period.

3. The growing threats induced by terrorism are also expected to increase the demand for the smart weapons market in the developing regions. This is expected to create more business opportunities for the key players.

Asia-Pacific to witness the swiftest growth in the smart weapons market

According to the smart weapons market, the Asia-Pacific region is expected to witness the fastest growth during the forecast period. This growth is expected to be driven by the rising threats of terrorism, technological innovations, and the significant growth of the defense sector of the countries like India, Japan, China, and South Korea. The North America region, on the other hand, is expected to hold the largest share of the global market during the forecast period.

Browse Report Summary: https://www.scalarmarketresearch.com/market-reports/smart-weapons-market

The smart weapons market report provides analysis of the key players, including:

1. Alcatel-Lucent
2. BAE Systems
3. General Dynamics Corporation
4. Harris Corporation
5. L-3 Communications Holdings, Inc.
6. Lockheed Martin Corporation
7. Northrop Grumman Corporation
8. Raytheon Anschutz
9. Rockwell Collins
10. Thales Group

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