Artificial Intelligence
Global Smart Weapons Market to Reach US$159.8 Billion by the Year 2027
New York, July 12, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Smart Weapons Industry” – https://www.reportlinker.com/p05689850/?utm_source=GNW
9 Billion in the year 2020, is projected to reach a revised size of US$159.8 Billion by 2027, growing at a CAGR of 10.8% over the analysis period 2020-2027.Air-to-Ground Missiles, one of the segments analyzed in the report, is projected to grow at a 11.1% CAGR to reach US$40.3 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Surface-to-Air Missiles segment is readjusted to a revised 11.3% CAGR for the next 7-year period. This segment currently accounts for a 18.2% share of the global Smart Weapons market.
The U.S. Accounts for Over 29.5% of Global Market Size in 2020, While China is Forecast to Grow at a 10.4% CAGR for the Period of 2020-2027
The Smart Weapons market in the U.S. is estimated at US$23 Billion in the year 2020. The country currently accounts for a 29.49% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$28 Billion in the year 2027 trailing a CAGR of 10.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.5% and 9.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR while Rest of European market (as defined in the study) will reach US$28 Billion by the year 2027.
Directed Energy Weapons Segment Corners a 17.4% Share in 2020
In the global Directed Energy Weapons segment, USA, Canada, Japan, China and Europe will drive the 12.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$10.9 Billion in the year 2020 will reach a projected size of US$24.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$18.8 Billion by the year 2027.
Select Competitors (Total 49 Featured)
- Axon Enterprise
- BAE Systems PLC
- Denel SOC Ltd.
- General Dynamics Corporation
- Israel Aerospace Industries Ltd.
- Kongsberg Gruppen ASA
- Leonardo SpA
- Lockheed Martin Corporation
- MBDA France
- Nexter Group
- NORINCO
- Northrop Grumman Corporation
- QinetiQ Group PLC
- Rafael Advanced Defense Systems Ltd.
- Raytheon Company
- Rheinmetall AG
- Roketsan AS
- Safran Electronics & Defense
- Textron Inc.
- Thales Group
- The Boeing Company
Read the full report: https://www.reportlinker.com/p05689850/?utm_source=GNW
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
An Introduction to Smart Weapons
Missiles
Directed-Energy Weapons
Smart Bombs
Sensor Fuzed Weapons
Precision Artillery Munitions
Other Types of Smart Weapons
Smart Weapons: Augmenting National Defense with Intelligent,
Accurate, and Digital Technologies
Recent Market Activity
Ushering a New Era of AI-Driven Self-aware Systems, Smart
Weapons Seek to Widen Role in Modern Warfare
Changing Realities of Modern Warfare: A Brief Overview
Market Dynamics
Technical Superiority over Conventional Weaponry Widens Scope &
Span of Smart Weapons
Robust Demand Projected for Smart Weapons over the Coming Years
Developed Regions Remain Primary Revenue Contributors
EXHIBIT 1: Developed Regions Account for 2/3rd Share of World
Smart Weapons Market: Percentage Breakdown of Sales for
Developed and Developing Regions (2019 & 2025)
North America Makes Major Contribution to Smart Weapons Market
Fast Paced Growth Forecasts in Asia-Pacific & Other Developing
Regions
EXHIBIT 2: Global Market for Smart Weapons – Geographic Regions
Ranked by % CAGR (Sales) for 2018-2025
Munitions Type and Infrared Technology: Key Segments of Smart
Weapons Market
Prevailing Economic Scenario Favors Market Expansion
EXHIBIT 3: Global Economic Outlook: Real GDP Growth Rates (%)
by Region/Country for the Years 2018 through 2021
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Changing Face of Warfare Ignites Global Demand for Smart Weapons
Rising R&D Spending and Adoption of Smart Weapons to Drive Market
Smart Weapons Present High-Precision Options for Modern Warfare
Laser Guided Bombs (LGBs)
Satellite-Guided Weapons
Surging Defense & Military Expenditures Worldwide: Cornerstone
for Present & Future Growth
The US & Europe Steer Global Military Spending
EXHIBIT 4: Ever-Present Threat to Public Liberty & the
Resulting Increase in Defense Spending for Peace as well as
War to Indirectly Spur Growth in Demand for Smart Weapons:
Global Military Spending (in US$ Billion) for the Years 2014
through 2018
EXHIBIT 5: Top Countries with Military Spending in USD Billion:
2019
Escalating Global Arms Race Provides the Perfect Platform for
Market Expansion
Artificial Intelligence and Emerging Technologies to Shape the
Future of Smart Weaponry
AI for Smart Weapons
Growing Significance of AI
Fully-Autonomous Smart Weapons on Battlefield
Successful Deployments of Smart Bombs Drive Robust Demand
Precision Guided Munitions Offer Lucrative Growth Opportunities
Demand for Airborne and Surface-to-Air Missile Systems Gain
Momentum
Imaging Infrared Technology Finds Favor in IR Missile Guidance
Satellite Guidance Emerge as the Preferred Medium of Land
Attack Cruise Missile Guidance
Directed Energy Weapons (DEW) Set to Transform Electronic Warfare
Sensor Fuzed Weapons to Substitute Unguided Cluster Bombs,
Bodes Well for Market Adoption
Sensor Fuzed Weapons: From Undiscriminating Weapons to Highly
Discriminating and Effective Systems
Smart Gun & Personalized Gun Technologies Offering Higher
Accuracy and Safety to Become Mainstream
Directed Energy Weapons to Witness Growth in Demand
Technological Innovations & Advancements Maintain Robust Momentum
Resolving Prevailing Challenges: Critical for Future Success
Leveraging Existing Designs and Using Low-Cost Materials: An
Apt Solution to the High Cost Concern
Military Cooperation: A Double-Edged Sword?
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Smart Weapons by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR
Table 2: World 7-Year Perspective for Smart Weapons by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2020 & 2027
Table 3: World Current & Future Analysis for Air-to-Ground
Missiles by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Billion for Years 2020 through
2027 and % CAGR
Table 4: World 7-Year Perspective for Air-to-Ground Missiles by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 5: World Current & Future Analysis for Surface-to-Air
Missiles by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Billion for Years 2020 through
2027 and % CAGR
Table 6: World 7-Year Perspective for Surface-to-Air Missiles
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 7: World Current & Future Analysis for Directed Energy
Weapons by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Billion for Years 2020 through
2027 and % CAGR
Table 8: World 7-Year Perspective for Directed Energy Weapons
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 9: World Current & Future Analysis for Smart Bombs by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR
Table 10: World 7-Year Perspective for Smart Bombs by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 11: World Current & Future Analysis for Sensor Fused
Weapons by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Billion for Years 2020 through
2027 and % CAGR
Table 12: World 7-Year Perspective for Sensor Fused Weapons by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 13: World Current & Future Analysis for Precision
Artillery Munitions by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Billion for Years
2020 through 2027 and % CAGR
Table 14: World 7-Year Perspective for Precision Artillery
Munitions by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World for Years 2020 & 2027
Table 15: World Current & Future Analysis for Other Types by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR
Table 16: World 7-Year Perspective for Other Types by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 17: World Current & Future Analysis for Infrared by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR
Table 18: World 7-Year Perspective for Infrared by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 19: World Current & Future Analysis for Laser by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR
Table 20: World 7-Year Perspective for Laser by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 21: World Current & Future Analysis for Radar by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR
Table 22: World 7-Year Perspective for Radar by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 23: World Current & Future Analysis for GPS by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Sales in
US$ Billion for Years 2020 through 2027 and % CAGR
Table 24: World 7-Year Perspective for GPS by Geographic Region –
Percentage Breakdown of Value Sales for USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World for Years 2020 &
2027
Table 25: World Current & Future Analysis for Other
Technologies by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Billion for Years 2020 through
2027 and % CAGR
Table 26: World 7-Year Perspective for Other Technologies by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 27: World Current & Future Analysis for Land by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR
Table 28: World 7-Year Perspective for Land by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 29: World Current & Future Analysis for Air by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Sales in
US$ Billion for Years 2020 through 2027 and % CAGR
Table 30: World 7-Year Perspective for Air by Geographic Region –
Percentage Breakdown of Value Sales for USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World for Years 2020 &
2027
Table 31: World Current & Future Analysis for Naval by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR
Table 32: World 7-Year Perspective for Naval by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
III. MARKET ANALYSIS
UNITED STATES
Table 33: USA Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 34: USA 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027
Table 35: USA Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR
Table 36: USA 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027
Table 37: USA Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR
Table 38: USA 7-Year Perspective for Smart Weapons by Platform –
Percentage Breakdown of Value Sales for Land, Air and Naval
for the Years 2020 & 2027
CANADA
Table 39: Canada Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 40: Canada 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027
Table 41: Canada Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR
Table 42: Canada 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027
Table 43: Canada Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR
Table 44: Canada 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027
JAPAN
Table 45: Japan Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 46: Japan 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027
Table 47: Japan Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR
Table 48: Japan 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027
Table 49: Japan Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR
Table 50: Japan 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027
CHINA
Table 51: China Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 52: China 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027
Table 53: China Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR
Table 54: China 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027
Table 55: China Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR
Table 56: China 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027
EUROPE
Table 57: Europe Current & Future Analysis for Smart Weapons by
Geographic Region – France, Germany, Italy, UK and Rest of
Europe Markets – Independent Analysis of Annual Sales in US$
Billion for Years 2020 through 2027 and % CAGR
Table 58: Europe 7-Year Perspective for Smart Weapons by
Geographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2020 & 2027
Table 59: Europe Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 60: Europe 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027
Table 61: Europe Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR
Table 62: Europe 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027
Table 63: Europe Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR
Table 64: Europe 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027
FRANCE
Table 65: France Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 66: France 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027
Table 67: France Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR
Table 68: France 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027
Table 69: France Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR
Table 70: France 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027
GERMANY
Table 71: Germany Current & Future Analysis for Smart Weapons
by Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 72: Germany 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground
Missiles, Surface-to-Air Missiles, Directed Energy Weapons,
Smart Bombs, Sensor Fused Weapons, Precision Artillery
Munitions and Other Types for the Years 2020 & 2027
Table 73: Germany Current & Future Analysis for Smart Weapons
by Technology – Infrared, Laser, Radar, GPS and Other
Technologies – Independent Analysis of Annual Sales in US$
Billion for the Years 2020 through 2027 and % CAGR
Table 74: Germany 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027
Table 75: Germany Current & Future Analysis for Smart Weapons
by Platform – Land, Air and Naval – Independent Analysis of
Annual Sales in US$ Billion for the Years 2020 through 2027 and
% CAGR
Table 76: Germany 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027
ITALY
Table 77: Italy Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 78: Italy 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027
Table 79: Italy Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR
Table 80: Italy 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027
Table 81: Italy Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR
Table 82: Italy 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027
UNITED KINGDOM
Table 83: UK Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 84: UK 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027
Table 85: UK Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR
Table 86: UK 7-Year Perspective for Smart Weapons by Technology –
Percentage Breakdown of Value Sales for Infrared, Laser,
Radar, GPS and Other Technologies for the Years 2020 & 2027
Table 87: UK Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR
Table 88: UK 7-Year Perspective for Smart Weapons by Platform –
Percentage Breakdown of Value Sales for Land, Air and Naval for
the Years 2020 & 2027
REST OF EUROPE
Table 89: Rest of Europe Current & Future Analysis for Smart
Weapons by Type – Air-to-Ground Missiles, Surface-to-Air
Missiles, Directed Energy Weapons, Smart Bombs, Sensor Fused
Weapons, Precision Artillery Munitions and Other Types –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR
Table 90: Rest of Europe 7-Year Perspective for Smart Weapons
by Type – Percentage Breakdown of Value Sales for Air-to-Ground
Missiles, Surface-to-Air Missiles, Directed Energy Weapons,
Smart Bombs, Sensor Fused Weapons, Precision Artillery
Munitions and Other Types for the Years 2020 & 2027
Table 91: Rest of Europe Current & Future Analysis for Smart
Weapons by Technology – Infrared, Laser, Radar, GPS and Other
Technologies – Independent Analysis of Annual Sales in US$
Billion for the Years 2020 through 2027 and % CAGR
Table 92: Rest of Europe 7-Year Perspective for Smart Weapons
by Technology – Percentage Breakdown of Value Sales for
Infrared, Laser, Radar, GPS and Other Technologies for the
Years 2020 & 2027
Table 93: Rest of Europe Current & Future Analysis for Smart
Weapons by Platform – Land, Air and Naval – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 94: Rest of Europe 7-Year Perspective for Smart Weapons
by Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027
ASIA-PACIFIC
Table 95: Asia-Pacific Current & Future Analysis for Smart
Weapons by Type – Air-to-Ground Missiles, Surface-to-Air
Missiles, Directed Energy Weapons, Smart Bombs, Sensor Fused
Weapons, Precision Artillery Munitions and Other Types –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR
Table 96: Asia-Pacific 7-Year Perspective for Smart Weapons by
Type – Percentage Breakdown of Value Sales for Air-to-Ground
Missiles, Surface-to-Air Missiles, Directed Energy Weapons,
Smart Bombs, Sensor Fused Weapons, Precision Artillery
Munitions and Other Types for the Years 2020 & 2027
Table 97: Asia-Pacific Current & Future Analysis for Smart
Weapons by Technology – Infrared, Laser, Radar, GPS and Other
Technologies – Independent Analysis of Annual Sales in US$
Billion for the Years 2020 through 2027 and % CAGR
Table 98: Asia-Pacific 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027
Table 99: Asia-Pacific Current & Future Analysis for Smart
Weapons by Platform – Land, Air and Naval – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 100: Asia-Pacific 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027
REST OF WORLD
Table 101: Rest of World Current & Future Analysis for Smart
Weapons by Type – Air-to-Ground Missiles, Surface-to-Air
Missiles, Directed Energy Weapons, Smart Bombs, Sensor Fused
Weapons, Precision Artillery Munitions and Other Types –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR
Table 102: Rest of World 7-Year Perspective for Smart Weapons
by Type – Percentage Breakdown of Value Sales for Air-to-Ground
Missiles, Surface-to-Air Missiles, Directed Energy Weapons,
Smart Bombs, Sensor Fused Weapons, Precision Artillery
Munitions and Other Types for the Years 2020 & 2027
Table 103: Rest of World Current & Future Analysis for Smart
Weapons by Technology – Infrared, Laser, Radar, GPS and Other
Technologies – Independent Analysis of Annual Sales in US$
Billion for the Years 2020 through 2027 and % CAGR
Table 104: Rest of World 7-Year Perspective for Smart Weapons
by Technology – Percentage Breakdown of Value Sales for
Infrared, Laser, Radar, GPS and Other Technologies for the
Years 2020 & 2027
Table 105: Rest of World Current & Future Analysis for Smart
Weapons by Platform – Land, Air and Naval – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR
Table 106: Rest of World 7-Year Perspective for Smart Weapons
by Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027
IV. COMPETITION
Total Companies Profiled: 49
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Artificial Intelligence
HITACHI ACQUIRES MA MICRO AUTOMATION OF GERMANY IN EFFORT TO ACCELERATE GLOBAL EXPANSION OF ROBOTIC SI BUSINESS IN THE MEDICAL AND OTHER FIELDS
HOLLAND, Mich., April 26, 2024 /PRNewswire/ — Hitachi Ltd. (TSE: 6501, “Hitachi”) has signed a stock purchase agreement on April 26 to acquire all shares of MA micro automation GmbH (“MA micro automation”, headquartered in St. Leon-Rot, Germany) from MAX Management GmbH (a subsidiary of MAX Automation SE). MA micro automation is a leading provider of robotic and automation technology (robotic SI) including high-speed linear handling systems, high-precision assembly lines, and high-speed vision inspection technology for Europe, North America, and Southeast Asia, for EUR 71.5M million. The transaction is expected to close in the second half of 2024, pending completion of the customary regulatory filings. After the acquisition is completed, MA micro automation will join JR Automation Technologies, LLC (“JR Automation”), a market leader in providing advanced automation solutions and digital technologies in the robotic system integration business for North America, Europe, and Southeast Asia as a continued effort to expand the company’s global presence.
MA micro automation is a technology leader for automation solutions within micro-assembly. Through its state-of-the-art proprietary high-speed and high-precision automation know-how, combined with unique optical image inspection capabilities, MA micro automation serves high-growth med-tech automation end-markets, covering the production, assembly, and testing medical and optical components including contact lenses, IVD and diabetes diagnostics consumables, and injection molding for medical use. The company was established in 2003 through a carve-out from Siemens*1 and since 2013 has been part of the MAX Automation group.
JR Automation is a leading provider of intelligent automated manufacturing technology solutions, serving customers across the globe in a variety of industries including automotive, life sciences, e-mobility, consumer and industrial products. With over 20 locations between North America, Europe, and Southeast Asia, the leading integrator offers nearly 2 million square feet (185,806 sq. m) of available build and engineering floorspace. This acquisition allows JR Automation to further grow and strengthen both the company’s geographical footprint and their continued commitment on expanding support capabilities within the European region and medical market vertical.
“MA micro automation provides engineering, build and support expertise with established capabilities in complex vision applications, high-speed and high-precision automation technologies. When integrated with JR Automation’s uniform global process and digital technologies, this partnership will further enhance our ability to deliver added value and support to all of our customers worldwide and continue to grow our capabilities in the medical market,” says Dave DeGraaf, CEO of JR Automation. “As we integrate this new dimension, impressive talents and abilities of the MA micro automation team we further enhance our ability to serve our customers, creating a more robust and globally balanced offering.”
With this acquisition, Hitachi aims to further enhance its ability to provide a “Total Seamless Solution*2” to connect manufacturer’s factory floors seamlessly and digitally with their front office data, allowing them to achieve total optimization and bringing Industry 4.0 to life. This “Total Seamless Solution” strategy links organizations’ operational activities such as engineering, supply chain, and purchasing to the plant floor and allows for real time, data-driven decision-making that improves the overall business value for customers.
Kazunobu Morita, Vice President and Executive Officer, CEO of Industrial Digital Business Unit, Hitachi, Ltd. says, “We are very pleased to welcome MA micro automation to the Hitachi Group. The team is based in Europe, providing robotic SI to global medical device manufacturing customers with its high technological capabilities and will join forces with JR Automation and Hitachi Automation to strengthen our global competitiveness. Hitachi aims to enhance its ability to provide value to customers and grow alongside them by leveraging its strengths in both OT, IT, including robotic SI, and “Total Seamless Solution” through Lumada*3’s customer co-creation framework.”
Joachim Hardt, CEO MA micro automation GmbH says, “Following the successful establishment and growth of MA micro automation within the attractive automation market for medical technology products, we are now opening a new chapter. Our partnership with Hitachi will not only strengthen our global competitive position, but we will also benefit from joint technological synergies and a global market presence. We look forward to a synergistic partnership with Hitachi and JR Automation.”
Outline of MA micro automation
Name
MA micro automation GmbH
Head Office
St. Leon-Rot, Germany
Representative
Joachim Hardt (CEO)
Outline of Business
Automation solutions within micro-assembly
Total no. of Employees:
Approx. 200 (As of April 2024)
Founded
2003
Revenues (2023)
€ 46.5 million
Website
*1
“Siemens” is a registered trademark or trademark of Siemens Trademark GmbH & Co. KG in the U.S. and other countries.
*2
“Total Seamless Solution” is a registered trademark of Hitachi, Ltd. in the U.S. and Japan.
*3
Lumada: A collective term for solutions, services and technologies based on Hitachi’s advanced digital technologies for creating value from customers’ data accelerating digital innovation. https://www.hitachi.com/products/it/lumada/global/en/index.html
About JR AutomationEstablished in 1980, JR Automation is a leading provider of intelligent automated manufacturing technology solutions that solve customers’ key operational and productivity challenges. JR Automation serves customers across the globe in a variety of industries, including automotive, life sciences, aerospace, and more.
In 2019, JR Automation was acquired by Hitachi, Ltd. In a strategic effort towards offering a seamless connection between the physical and cyber space for industrial manufacturers and distributers worldwide. With this partnership, JR Automation provides customers a unique, single-source solution for complete integration of their physical assets and data information, offering greater speed, flexibility, and efficiencies towards achieving their Industry 4.0 visions. JR Automation employs over 2,000 people at 21 manufacturing facilities in North America, Europe, and Asia. For more information, please visit www.jrautomation.com.
About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.
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Artificial Intelligence
$10 million Artificial Intelligence Mathematical Olympiad Prize appoints further advisory committee members
D. Sculley, Kevin Buzzard, Leo de Moura, Lester Mackey and Peter J. Liu appointed to the advisory committee for the Artificial Intelligence Mathematical Olympiad Prize.
LONDON, April 26, 2024 /PRNewswire/ — XTX Markets’ newly created Artificial Intelligence Mathematical Olympiad Prize (‘AIMO Prize’) is a $10mn challenge fund designed to spur the creation of a publicly shared AI model capable of winning a gold medal in the International Mathematical Olympiad (IMO).
XTX Markets is delighted to announce the appointment of five further advisory committee members. This group brings great expertise in machine learning, including D. Sculley, the CEO of Kaggle; Lester Mackey, a Principal Researcher at Microsoft Research and a Macarthur Fellow; and Peter J. Liu, a research scientist at Google DeepMind.
Prolific mathematicians Kevin Buzzard, who achieved a perfect score in the International Mathematical Olympiad, and Leo De Moura who is the Chief Architect for Lean, the automated reasoning tool, also join the advisory group.
They join the existing advisory committee members Terence Tao and Timothy Gowers, both winners of the Fields Medal, as well as Dan Roberts, Geoff Smith and Po-Shen Loh.
The AIMO Advisory Committee will support the development of the AIMO Prize, including advising on appropriate protocols and technical aspects, and designing the various competitions and prizes.
Simon Coyle, Head of Philanthropy at XTX Markets, commented:
“We are thrilled to complete the AIMO Advisory Committee with the appointments of D., Kevin, Leo, Lester and Peter. Together, they have enormous experience in machine learning and automated reasoning and are already bringing expertise and wisdom to the AIMO Prize. We look forward to announcing the winners of the AIMO’s first Progress Prize soon, and then publicly sharing the AI models to support the open and collaborative development of AI.”
Further information on the AIMO Prize
There will be a grand prize of $5mn for the first publicly shared AI model to enter an AIMO approved competition and perform at a standard equivalent to a gold medal in the IMO. There will also be a series of progress prizes, totalling up to $5mn, for publicly shared AI models that achieve key milestones towards the grand prize.
The first AIMO approved competition opened to participants in April 2024 on the Kaggle competition platform. The first progress prize focuses on problems pitched at junior and high-school level maths competitions. There is a total prize pot of $1.048m for the first progress prize, of which at least $254k will be awarded in July 2024, There will be a presentation of progress held in Bath, England in July 2024, as part of the 65th IMO.
For more information on the AIMO Prize visit: https://aimoprize.com/ or the competition page on Kaggle: https://www.kaggle.com/competitions/ai-mathematical-olympiad-prize/
Advisory Committee member profiles:
D. Sculley
D. is the CEO at Kaggle. Prior to joining Kaggle, he was a director at Google Brain, leading research teams working on robust, responsible, reliable and efficient ML and AI. In his career in ML, he has worked on nearly every aspect of machine learning, and has led both product and research teams including those on some of the most challenging business problems. Some of his well-known work involves ML technical debt, ML education, ML robustness, production-critical ML, and ML for scientific applications such as protein design.
Kevin Buzzard
Kevin a professor of pure mathematics at Imperial College London, specialising in algebraic number theory. As well as his research and teaching, he has a wide range of interests, including being Deputy Head of Pure Mathematics, Co-Director of a CDT and the department’s outreach champion. He is currently focusing on formal proof verification, including being an active participant in the Lean community. From October 2024, he will be leading a project to formalise a 21st century proof of Fermat’s Last Theorem. Before joining Imperial, some 20 years ago, he was a Junior Research Fellow at the University of Cambridge, where he had previously been named ‘Senior Wrangler’ (the highest scoring undergraduate mathematician). He was also a participant in the International Mathematical Olympiad, winning gold with a perfect score in 1987. He has been a visitor at the IAS in Princeton, a visiting lecturer at Harvard, has won several prizes both for research and teaching, and has given lectures all over the world.
Leo de Moura
Leo is a Senior Principal Applied Scientist in the Automated Reasoning Group at AWS. In his spare time, he dedicates himself to serving as the Chief Architect of the Lean FRO, a non-profit organization that he proudly co-founded alongside Sebastian Ullrich. He is also honoured to hold a position on the Board of Directors at the Lean FRO, where he actively contributes to its growth and development. Before joining AWS in 2023, he was a Senior Principal Researcher in the RiSE group at Microsoft Research, where he worked for 17 years starting in 2006. Prior to that, he worked as a Computer Scientist at SRI International. His research areas are automated reasoning, theorem proving, decision procedures, SAT and SMT. He is the main architect of several automated reasoning tools: Lean, Z3, Yices 1.0 and SAL. Leo’s work in automated reasoning has been acknowledged with a series of prestigious awards, including the CAV, Haifa, and Herbrand awards, as well as the Programming Languages Software Award by the ACM. Leo’s work has also been reported in the New York Times and many popular science magazines such as Wired, Quanta, and Nature News.
Lester Mackey
Lester Mackey is a Principal Researcher at Microsoft Research, where he develops machine learning methods, models, and theory for large-scale learning tasks driven by applications from climate forecasting, healthcare, and the social good. Lester moved to Microsoft from Stanford University, where he was an assistant professor of Statistics and, by courtesy, of Computer Science. He earned his PhD in Computer Science and MA in Statistics from UC Berkeley and his BSE in Computer Science from Princeton University. He co-organized the second place team in the Netflix Prize competition for collaborative filtering; won the Prize4Life ALS disease progression prediction challenge; won prizes for temperature and precipitation forecasting in the yearlong real-time Subseasonal Climate Forecast Rodeo; and received best paper, outstanding paper, and best student paper awards from the ACM Conference on Programming Language Design and Implementation, the Conference on Neural Information Processing Systems, and the International Conference on Machine Learning. He is a 2023 MacArthur Fellow, a Fellow of the Institute of Mathematical Statistics, an elected member of the COPSS Leadership Academy, and the recipient of the 2023 Ethel Newbold Prize.
Peter J. Liu
Peter J. Liu is a Research Scientist at Google DeepMind in the San Francisco Bay area, doing machine learning research with a specialisation in language models since 2015 starting in the Google Brain team. He has published and served as area chair in top machine learning and NLP conferences such as ICLR, ICML, NEURIPS, ACL and EMNLP. He also has extensive production experience, including launching the first deep learning model for Gmail Anti-Spam, and using neural network models to detect financial fraud for top banks. He has degrees in Mathematics and Computer Science from the University of Toronto.
About XTX Markets:
XTX Markets is a leading financial technology firm which partners with counterparties, exchanges and e-trading venues globally to provide liquidity in the Equity, FX, Fixed Income and Commodity markets. XTX has over 200 employees based in London, Paris, New York, Mumbai, Yerevan and Singapore. XTX is consistently a top 5 liquidity provider globally in FX (Euromoney 2018-present) and is also the largest European equities (systematic internaliser) liquidity provider (Rosenblatt FY: 2020-2023).
The company’s corporate philanthropy focuses on STEM education and maximum impact giving (alongside an employee matching programme). Since 2017, XTX has donated over £100mn to charities and good causes, establishing it as a major donor in the UK and globally.
In a changing world XTX Markets is at the forefront of making financial markets fairer and more efficient for all.
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Artificial Intelligence
Hikvision redefines urban mobility with AIoT-powered solutions at Intertraffic 2024
HANGZHOU, China, April 26, 2024 /PRNewswire/ — Hikvision made a significant appearance at Intertraffic Amsterdam, the leading global trade fair for mobility and traffic technology. At the trade event, Hikvision unveiled a suite of traffic, transport, and parking management solutions and products powered by Artificial Intelligence of Things (AIoT) technology, which promised to improve urban mobility, road safety, and operational efficacy.
Elevating urban traffic intelligence with AIoT
One highlight of the Hikvision stand was its intelligent urban traffic solution, which leveraged the power of AIoT to deliver comprehensive real-time monitoring, incident detection, and traffic control. This solution intelligently reshapes traffic dynamics, offering a more responsive and data-driven approach to enhance situational awareness and traffic management. Key innovations in the solution included:
Hikvision’s radar-video fusion camerasThese combine the range perception of radar with the visual perception of video. The 4 MP Radar and Video Vehicle Detector, for example, helps to enhance road safety by providing early warning of potential hazards in challenging situations such as blind spots at intersections and obstacles outside the visual range.Hikvision’s All-In-One Traffic SpotterThis stands out with its multifaceted design incorporating video, radar, and lighting technologies for heightened traffic violation detection. Its streamlined column design facilitates effortless installation.Hikvision’s Radar-Linked PTZ Camera This ensures consistent performance in adverse weather and lightening conditions, and minimizes false alarms with advanced deep-learning algorithms.Innovating parking management
Hikvision also introduced its parking management solutions. These combine extremely precise license plate recognition and intelligent barrier controls incorporating highly accurate radar sensors. This comprehensive approach enhances security, reduces the need for manual intervention, and streamlines traffic flow across parking areas. The Global Shutter CMOS* (GMOS) ANPR camera was a new addition to the lineup. Designed to seamlessly blend in the environment, it is tailored for the task of discreetly capturing license plates at parking facilities that prioritize subtlety.
Advancing public transportation safety and efficiency
Attendees also had the opportunity to explore Hikvision’s latest public transport solutions, integrating AI-driven analytics with advanced video security, on-site voice broadcasting, and centralized management for enhanced onboard security, improved passenger experience, and operational efficiency for buses and taxis. This included the Four-way monitoring system and the Panoramic Auxiliary System, both designed to reduce blind spots and provide high-definition imaging to improve driving safety.
“As ever, we are continually expanding our suite of technologies to enhance traffic safety and efficiency,” said Nick Wu, Project Product Director at Hikvision Europe. “Our commitment lies in minimizing the need for extensive roadside installations by incorporating comprehensive perception and robust AI within unified device frameworks. These innovations automate and streamline every aspect of traffic management, from violation detection to traffic flow monitoring, driving safety, and parking management.”
To find out more about Hikvision’s urban mobility products and solutions, please explore its official website.
Note: CMOS stands for Complementary Metal-Oxide-Semiconductor.
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