Smart Weapons Market Report: Unlocking Growth Potential and Addressing Challenges United States of America – [9-10-2025] – The Insight Partners is proud to announce its newest market report, "Smart Weapons Market: An In-depth Analysis of the Global Defense and Military Technology Sector." The report provides a holistic view of the Smart Weapons Market, describing the current landscape along with forward-looking growth projections for the forecast period 2023–2031. Overview of the Smart Weapons Market The Smart Weapons Market has witnessed significant advancement and investment in recent years. Driven by the increasing need for precision in modern warfare, strategic military upgrades, and geopolitical tensions, smart weapons are becoming integral to defense capabilities worldwide. This report provides insight into the major forces reshaping the market, including technological innovation, defense modernization initiatives, and regulatory policies favoring high-efficiency weapon systems. Key Findings and Insights Market Size and Growth • Historical Data: The Smart Weapons Market was valued at US$ 18.6 billion in 2023 and is expected to reach US$ 31.2 billion by 2031, growing at a CAGR of 6.8% during the forecast period. • Key Factors Affecting the Smart Weapons Market: o Rising defense budgets and military modernization programs across NATO, APAC, and the Middle East o Increased demand for precision-guided munitions (PGMs) in combat operations o Technological advancements in AI, sensor systems, and autonomous targeting o Border conflicts and counterterrorism operations driving procurement o Integration of smart guidance systems into traditional weapon platforms Market Segmentation The Smart Weapons Market is segmented based on: 1. Product Type • Missiles • Munitions (Smart Bullets, Guided Bombs) • Smart Guns • Rockets • Other Precision-Guided Weapons 2. Technology • Laser Guidance • Infrared Guidance • Radar Guidance • GPS Guidance • Other Technologies (RF, inertial navigation, etc.) 3. Platform • Airborne • Naval • Land-based 4. End-user • Defense Forces • Homeland Security • Law Enforcement Agencies 5. Geography • North America • Europe • Asia-Pacific • Latin America • Middle East & Africa https://www.theinsightpartners.com/reports/smart-weapons-market