Below are some of the key findings from the network enabled weapons market research report
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Global network enabled weapons industry overview
The demand for long-range missiles is identified as a key factor contributing to the growth of the global network enabled weapons market. In a battlefield, eliminating enemies while remaining at a safe distance is very crucial. This will greatly enhance the survivability of battle troops. Globally, defense agencies have been investing in the development of extended-range missiles or beyond-visual-range-missiles to strike enemies from miles away. The beyond-visual-range missiles have the ability to engage enemies at ranges of more than 20 nautical miles. Booster rocket motor and ramjet sustainer motor were used to achieve such high range. In the past few years, the development and advances of technology and sensors have enabled these missiles to receive target coordinates during flight. Earlier, air-to-air and air-to-surface missiles used semi-active radar homing guidance. The new generation of missiles is based on the fire-and-forget concept.
The introduction of AI in militaries is gaining popularity across the world. It uses inherent computing and decision-making capabilities to boost the ability of combat platforms to self-regulate, self-actuate, and self-control. The growing involvement of AI in the next-generation weapons is identified as one of the key trends that will stimulate growth in the network enabled weapons (NEW) market during the projected period. Owing to such factors, the market is expected to post a CAGR of nearly 14% during 2018-2022
Top network enabled weapons companies covered in this market research report
The network enabled weapons market is moderately fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this network enabled weapons industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- Boeing
- Lockheed Martin
- MBDA
- Rafael Advanced Defense Systems
- Raytheon
Network enabled weapons market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, the Americas region will account for the highest growth of this market throughout the forecast period. The Americas was the leading region for the global network enabled weapons market in 2017, accounting for a market share of nearly 68%.
Network enabled weapons market segmentation based on application
- Naval-launched
- Air-launched
- Ground-launched
The naval-launched segment will account for the highest growth in the market. The naval-launched segment held the largest market share in 2017, accounting for nearly 41% of the market. Additionally, the report also provides an accurate prediction of the contribution of the various applications segments to the growth of the network-enabled weapons market size.
Key highlights of the global network enabled weapons market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the network enabled weapons market during the next five years
- Precise estimation of the global network enabled weapons market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the network enabled weapons industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of network enabled weapons companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Naval-launched – Market size and forecast 2017-2022
- Air-launched – Market size and forecast 2017-2022
- Ground-launched – Market size and forecast 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Growing involvement of AI in the next-generation weapons
- Increasing preference for integrated C4ISR system
- Rising popularity of Tactical Targeting Network Technology system
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive landscape
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Boeing
- Lockheed Martin
- MBDA
- Rafael Advanced Defense Systems
- Raytheon
PART 15: APPENDIX