DUBLIN--(BUSINESS WIRE)--The "Global Smart Bullet Market Research Report, Insights, Opportunity Analysis, Market Shares and Forecast 2017 - 2023" report has been added to ResearchAndMarkets.com's offering.
The global smart bullet market is expected to rise at a CAGR of about 15.16% during the forecast period 2016-2023.
Frequent incidences of terrorist attacks across the globe is one of the major factor which contributes to the growth of global smart bullets market during forecast period. Also, increasing defense budget across the globe and technological advancements in smart bullets is expected to promote the growth of global smart bullet market during forecast period.
However, high manufacturing cost of smart bullet is one of the major factor restraining the growth of global smart bullet market during the forecast period.
The global smart bullet market report has been geographically segmented in four major regions such as North America, Asia Pacific, Europe and Rest of World. North America held the largest market revenue share for smart bullet market in 2016 and is expected to dominate the market during forecast period. High military and defense expenditure by government in regions of North America as well as presence of major market players across the region contributes to its dominance. Asia Pacific is expected to be the fastest growing region during the forecast period due to incidences of frequent terror attacks across the region.
The growth in the global smart bullet market is also influenced by presence of major market players of global smart bullet market such as Lockheed Martin Corporation (U.S.), Northrop Grumman Corporation (U.S.), BAE Systems (U.K.), The Raytheon Company (U.S.), Boeing Corporation (U.S.), etc.
The major market players adopt various strategies such as mergers & acquisitions, product launch, strategic partnership, collaboration, joint ventures, etc. to gain competitive advantage and sustain in the dynamic market with intense market competition.
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Competitive Landscape
6. Geographic Analysis
7. Company Profiles
- BAE Systems Plc (U.K.)
- DARPA (U.S.)
- Dassualt Aviation (France)
- General Dynamics Corporation (U.S.)
- Harris Corporation (U.S.)
- Lockheed Martin Corporation (U.S.)
- Northrop Grumman Corporation (U.S.)
- Textron Defense Systems (U.S.)
- Thales Group (U.S.)
- The Raytheon Company (U.S.)
For more information about this report visit https://www.researchandmarkets.com/research/sg7mh4/global_smart?w=4