Smart Weapons Market – Global Industry Analysis and Forecast (2023-2029)

Smart Weapons Market size was valued at US$ 20.02 Bn. in 2022 and the total revenue is expected to grow at 8.02% through 2023 to 2029, reaching nearly US$ 34.36 Bn.vSmart Weapons, also known as Precision-Guided Munitions (PGMs). They are a type of weapon, which is designed to hit pre-determined targets with precise accuracy, maximising the application of explosive force while reducing collateral damage and military personnel losses.