Global Smart Munitions Market Growth 2025-2031

Publication ID:

LPI05250920

Publication Date:

May 2, 2025

Pages:

122

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global Smart Munitions market size is predicted to grow from US$ 9475 million in 2025 to US$ 5797 million in 2031; it is expected to grow at a CAGR of -7.9% from 2025 to 2031.
Smart munitions are high-precision ammunition systems that integrate advanced guidance, control and communication technologies, and can achieve autonomous navigation, target identification, trajectory correction and precision strikes in complex battlefield environments. Smart munitions have stronger hit accuracy, higher strike effectiveness and lower collateral damage, and can autonomously adjust flight paths at long distances or in complex terrain conditions to accurately strike high-value or mobile targets.
Market Trends
Modern warfare is transforming towards informatization and intelligence. Smart munitions, with their advantages of high precision, long distance, and low collateral damage, are gradually replacing traditional ammunition and becoming an important part of the military firepower system. The rapid application of emerging technologies such as artificial intelligence, image recognition, laser guidance, and satellite navigation has promoted the significant improvement of Smart munitions in guidance accuracy, target recognition, and collaborative combat capabilities. The demand for lightweight and Smart munitions from unmanned combat platforms (such as drones, unmanned vehicles, and unmanned boats) has also continued to grow, further expanding the market space.
Market Disadvantages
Smart munitions have high R&D and production costs and high technical barriers, especially in key links such as multi-mode guidance, intelligent recognition, and in-missile microelectronics integration, which restricts the technology acquisition and product popularization of some countries and companies. Smart munitions are highly dependent on external systems such as satellite navigation and data link communications. If faced with complex battlefield environments such as electronic interference and GPS signal blocking, the guidance accuracy and combat effectiveness may drop significantly.
Market Outlook
With the widespread application of technologies such as artificial intelligence, edge computing, 5G communications, infrared imaging, and laser radar, Smart munitions will achieve a qualitative leap in autonomous decision-making, target identification, and coordinated strikes. Armies of various countries are increasing their investment in the research and development and deployment of Smart munitions, promoting the rapid formation of an integrated combat mode of "man-machine-missile". The military transformation of civilian technology will also accelerate the miniaturization, lightweight, and low-cost mass production of Smart munitions, adapting to more unmanned and intelligent combat platforms.
The 鈥淪mart Munitions Industry Forecast鈥� looks at past sales and reviews total world Smart Munitions sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Munitions sales for 2025 through 2031. With Smart Munitions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Munitions industry.
This Insight Report provides a comprehensive analysis of the global Smart Munitions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Munitions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Smart Munitions market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Munitions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Munitions.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Munitions market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Small and Medium Caliber
Large Caliber
Segmentation by Application:
Army
Air Force
Navy
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BAE Systems
Diehl Defense
Raytheon Company
KNDS Group
Denel
Hanwha
Roketsan
Safran
General Dynamics
Thales Group
L3Harris Technologies
NORINCO
Lockheed Martin Corporation
Textron Systems
Nammo
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart Munitions market?
What factors are driving Smart Munitions market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart Munitions market opportunities vary by end market size?
How does Smart Munitions break out by Type, by Application?

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Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Munitions Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Smart Munitions by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Smart Munitions by Country/Region, 2020, 2024 & 2031
2.2 Smart Munitions Segment by Type
2.2.1 Small and Medium Caliber
2.2.2 Large Caliber
2.3 Smart Munitions Sales by Type
2.3.1 Global Smart Munitions Sales Market Share by Type (2020-2025)
2.3.2 Global Smart Munitions Revenue and Market Share by Type (2020-2025)
2.3.3 Global Smart Munitions Sale Price by Type (2020-2025)
2.4 Smart Munitions Segment by Application
2.4.1 Army
2.4.2 Air Force
2.4.3 Navy
2.5 Smart Munitions Sales by Application
2.5.1 Global Smart Munitions Sale Market Share by Application (2020-2025)
2.5.2 Global Smart Munitions Revenue and Market Share by Application (2020-2025)
2.5.3 Global Smart Munitions Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Smart Munitions Breakdown Data by Company
3.1.1 Global Smart Munitions Annual Sales by Company (2020-2025)
3.1.2 Global Smart Munitions Sales Market Share by Company (2020-2025)
3.2 Global Smart Munitions Annual Revenue by Company (2020-2025)
3.2.1 Global Smart Munitions Revenue by Company (2020-2025)
3.2.2 Global Smart Munitions Revenue Market Share by Company (2020-2025)
3.3 Global Smart Munitions Sale Price by Company
3.4 Key Manufacturers Smart Munitions Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Smart Munitions Product Location Distribution
3.4.2 Players Smart Munitions Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Smart Munitions by Geographic Region
4.1 World Historic Smart Munitions Market Size by Geographic Region (2020-2025)
4.1.1 Global Smart Munitions Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Smart Munitions Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Smart Munitions Market Size by Country/Region (2020-2025)
4.2.1 Global Smart Munitions Annual Sales by Country/Region (2020-2025)
4.2.2 Global Smart Munitions Annual Revenue by Country/Region (2020-2025)
4.3 Americas Smart Munitions Sales Growth
4.4 APAC Smart Munitions Sales Growth
4.5 Europe Smart Munitions Sales Growth
4.6 Middle East & Africa Smart Munitions Sales Growth
5 Americas
5.1 Americas Smart Munitions Sales by Country
5.1.1 Americas Smart Munitions Sales by Country (2020-2025)
5.1.2 Americas Smart Munitions Revenue by Country (2020-2025)
5.2 Americas Smart Munitions Sales by Type (2020-2025)
5.3 Americas Smart Munitions Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Munitions Sales by Region
6.1.1 APAC Smart Munitions Sales by Region (2020-2025)
6.1.2 APAC Smart Munitions Revenue by Region (2020-2025)
6.2 APAC Smart Munitions Sales by Type (2020-2025)
6.3 APAC Smart Munitions Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Smart Munitions by Country
7.1.1 Europe Smart Munitions Sales by Country (2020-2025)
7.1.2 Europe Smart Munitions Revenue by Country (2020-2025)
7.2 Europe Smart Munitions Sales by Type (2020-2025)
7.3 Europe Smart Munitions Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart Munitions by Country
8.1.1 Middle East & Africa Smart Munitions Sales by Country (2020-2025)
8.1.2 Middle East & Africa Smart Munitions Revenue by Country (2020-2025)
8.2 Middle East & Africa Smart Munitions Sales by Type (2020-2025)
8.3 Middle East & Africa Smart Munitions Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Smart Munitions
10.3 Manufacturing Process Analysis of Smart Munitions
10.4 Industry Chain Structure of Smart Munitions
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Smart Munitions Distributors
11.3 Smart Munitions Customer
12 World Forecast Review for Smart Munitions by Geographic Region
12.1 Global Smart Munitions Market Size Forecast by Region
12.1.1 Global Smart Munitions Forecast by Region (2026-2031)
12.1.2 Global Smart Munitions Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Smart Munitions Forecast by Type (2026-2031)
12.7 Global Smart Munitions Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 BAE Systems
13.1.1 BAE Systems Company Information
13.1.2 BAE Systems Smart Munitions Product Portfolios and Specifications
13.1.3 BAE Systems Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 BAE Systems Main Business Overview
13.1.5 BAE Systems Latest Developments
13.2 Diehl Defense
13.2.1 Diehl Defense Company Information
13.2.2 Diehl Defense Smart Munitions Product Portfolios and Specifications
13.2.3 Diehl Defense Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Diehl Defense Main Business Overview
13.2.5 Diehl Defense Latest Developments
13.3 Raytheon Company
13.3.1 Raytheon Company Company Information
13.3.2 Raytheon Company Smart Munitions Product Portfolios and Specifications
13.3.3 Raytheon Company Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Raytheon Company Main Business Overview
13.3.5 Raytheon Company Latest Developments
13.4 KNDS Group
13.4.1 KNDS Group Company Information
13.4.2 KNDS Group Smart Munitions Product Portfolios and Specifications
13.4.3 KNDS Group Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 KNDS Group Main Business Overview
13.4.5 KNDS Group Latest Developments
13.5 Denel
13.5.1 Denel Company Information
13.5.2 Denel Smart Munitions Product Portfolios and Specifications
13.5.3 Denel Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Denel Main Business Overview
13.5.5 Denel Latest Developments
13.6 Hanwha
13.6.1 Hanwha Company Information
13.6.2 Hanwha Smart Munitions Product Portfolios and Specifications
13.6.3 Hanwha Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Hanwha Main Business Overview
13.6.5 Hanwha Latest Developments
13.7 Roketsan
13.7.1 Roketsan Company Information
13.7.2 Roketsan Smart Munitions Product Portfolios and Specifications
13.7.3 Roketsan Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Roketsan Main Business Overview
13.7.5 Roketsan Latest Developments
13.8 Safran
13.8.1 Safran Company Information
13.8.2 Safran Smart Munitions Product Portfolios and Specifications
13.8.3 Safran Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Safran Main Business Overview
13.8.5 Safran Latest Developments
13.9 General Dynamics
13.9.1 General Dynamics Company Information
13.9.2 General Dynamics Smart Munitions Product Portfolios and Specifications
13.9.3 General Dynamics Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 General Dynamics Main Business Overview
13.9.5 General Dynamics Latest Developments
13.10 Thales Group
13.10.1 Thales Group Company Information
13.10.2 Thales Group Smart Munitions Product Portfolios and Specifications
13.10.3 Thales Group Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Thales Group Main Business Overview
13.10.5 Thales Group Latest Developments
13.11 L3Harris Technologies
13.11.1 L3Harris Technologies Company Information
13.11.2 L3Harris Technologies Smart Munitions Product Portfolios and Specifications
13.11.3 L3Harris Technologies Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 L3Harris Technologies Main Business Overview
13.11.5 L3Harris Technologies Latest Developments
13.12 NORINCO
13.12.1 NORINCO Company Information
13.12.2 NORINCO Smart Munitions Product Portfolios and Specifications
13.12.3 NORINCO Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 NORINCO Main Business Overview
13.12.5 NORINCO Latest Developments
13.13 Lockheed Martin Corporation
13.13.1 Lockheed Martin Corporation Company Information
13.13.2 Lockheed Martin Corporation Smart Munitions Product Portfolios and Specifications
13.13.3 Lockheed Martin Corporation Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Lockheed Martin Corporation Main Business Overview
13.13.5 Lockheed Martin Corporation Latest Developments
13.14 Textron Systems
13.14.1 Textron Systems Company Information
13.14.2 Textron Systems Smart Munitions Product Portfolios and Specifications
13.14.3 Textron Systems Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Textron Systems Main Business Overview
13.14.5 Textron Systems Latest Developments
13.15 Nammo
13.15.1 Nammo Company Information
13.15.2 Nammo Smart Munitions Product Portfolios and Specifications
13.15.3 Nammo Smart Munitions Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Nammo Main Business Overview
13.15.5 Nammo Latest Developments
14 Research Findings and Conclusion

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