Zion Market Research Global Smart Bullets Market, 2016–2024 | Page 3

Smart Bullets Market
is segmented as land, airborne, and naval. Geographically, the global market is segmented
as Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.
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Global Smart Bullets Market: Regional Analysis
North America dominates the global smart bullets market mainly owing to the rising focus of
the U.S. Government on the integration of the technologically enhanced weapons into its
weapon list. Additionally, the U.S. Government is further the key smart bullets customer in
North America as well on a global level. Developing countries in Asia-Pacific are investing
considerably in smart weapons since the military is one of the key factors further propelling
the growth of the global smart bullets market. In addition, wars in different countries such as
Ukraine, Turkey, Lebanon, India, China, France, Pakistan, and Afghanistan is another key
factor having a positive impact on the demand as well as the growth of the global smart
bullets market. North America showed an important contribution in 2016 in terms of market
share in the global market. This trend was followed by Europe, Middle East & Africa, Asia-
Pacific, and Latin America and is further expected to remain the same in the near future.
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Global Smart Bullets Market: Competitive Players
Some of the major companies in the global smart bullets market include The Raytheon
Company, Lockheed Martin Corporation, BAE Systems PLC, Thales Group, General