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The land based smart weapons market size is forecast to increase by USD 2.71 billion at a CAGR of 8.51% between 2023 and 2028. The land-based smart weapons market is witnessing significant growth due to the development and procurement of advanced technologies by air forces for deploying smart anti-airfield weapons. The integration of cutting-edge technologies such as Artificial Intelligence (AI), Machine Learning (ML), and Global Positioning System (GPS) in smart weapons is revolutionizing military capabilities. The trend toward battlefield digitalization is driving the demand for smart weapons, enabling real-time target identification and engagement. However, stringent regulatory norms and ethical concerns regarding the use of such advanced weapons pose challenges to market growth. In naval warfare, maritime threats necessitate the deployment of smart weapons for effective defense against enemy submarines and surface ships. Overall, the market is expected to grow steadily, driven by technological advancements and increasing defense budgets.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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