The market is segmented by platform into air, land and naval, out of which, air segment is anticipated to hold the largest market share on the back of advancing technologies for guided smart weapons and increasing demand for precisely guided weapons which minimizes collateral damage, but increases the lethality against intended targets. Moreover, smart weapons that can be launched by air, provides a standoff distance, allowing the launcher to launch the weapons outside the most intense air defenses around the target site. Such factors are anticipated to promote the growth of the segment in the global smart weapons market.
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Author Credits: Dhruv Bhatia
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