Market Share of Land-based Smart Weapons Industry
The land-based smart weapons market is fragmented, with local as well as international players providing various types of guided weapons, programmable ammunition, and missiles for land-based forces across the world. Other than international players, several state-owned companies have been developing and manufacturing smart weapons for their respective countries while also looking at export opportunities. The major players in the land-based smart weapons market are RTX Corporation, Lockheed Martin Corporation, MBDA, BAE Systems PLC, and Rafael Advanced Defense Systems Ltd. Several developing nations have been planning to procure next-generation land-based smart weapons for their militaries, and the market players have been looking to grab such opportunities by offering sophisticated land-based smart weapons, which will help them gain a competitive edge over the other competitors.
Land-based Smart Weapons Market Leaders
Lockheed Martin Corporation
BAE Systems plc
RTX Corporation
MBDA
Rafael Advanced Defense Systems Ltd.
*Disclaimer: Major Players sorted in no particular order
