Smart Weapons Market Share

By Region

On the basis of regional analysis, the global smart weapons market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

North America industry is set to hold largest revenue share by 2036, backed by availability of huge amount of money for expenditure on arms and ammunitions, along with growing trade of the nation of such weapons and favorable regulations from the government. According to other statistics by the International Trade Centre (ITC), exports of bombs, missiles, torpedo, grenades and others in the USA increased from USD 2361292 thousand in the year 2010 to USD 3517156 thousand in the year 2018.