Smart Weapons Market Share

Statistics for the 2023 & 2024 Smart Weapons market share, created by Mordor Intelligence™ Industry Reports. Smart Weapons share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Smart Weapons Industry

The smart weapons market is fragmented in nature, with various players holding significant shares in the market. Some prominent market players are General Dynamics Corporation, IAI, Lockheed Martin Corporation, Northrop Grumman Corporation, and The Boeing Company, amongst others.

The key players in the market are focusing on the development of advanced smart weapons systems, which will be used by various defense personnel around the world to carry out their military operations. Moreover, growing expenditure on research and development towards manufacturing advanced smart weapon systems will lead to creating better opportunities in the near future. Various manufacturers are now currently integrating technologies such as fingerprint recognition which will prevent accidental use and misuse of such weapons, and this is expected to support the growth of the smart weapons market during the forecast period.

Smart Weapons Market Leaders

  1. General Dynamics Corporation

  2. The Boeing Company

  3. Lockheed Martin Corporation

  4. Northrop Grumman Corporation

  5. IAI

*Disclaimer: Major Players sorted in no particular order

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Smart Weapons Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)