Network Enabled Weapons (NEW) Market, By Type (Naval-Launched, Air-Launched, Ground-Launched), By Application (Military, Personal), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa, and South America) – Market Size & Forecasting To 2028

Network Enabled Weapons, or NEW, are a class of air-to-ground precision-guided munitions in development by a number of countries. A derivative of GPS-guided weapons, which are guided to a specific coordinate entered prior to release, NEW have the additional ability to have targeting coordinates updated in flight through the use of a common data link, and be tracked by aircraft and other platforms logged into the same network.

The introduction of Artificial Intelligence like NEW in militaries is gaining popularity across the world. It uses inherent computing and decision-making capabilities to boost the ability of combat platforms to self-regulate, self-actuate, and self-control. The growing involvement of Artificial Intelligence in the next-generation weapons is identified as one of the key trends that will stimulate growth in the network enabled weapons (NEW) market during the projected period.

The demand for long-range missiles is identified as a key factor contributing to the growth of network enabled weapons market across the globe. In a battlefield, eliminating enemies while remaining at a safe distance is very crucial. This feature helps greatly to enhance the survivability of battle troops. Globally, defence agencies have been investing in the development of extended-range missiles or beyond-visual-range-missiles to strike enemies from miles away. The long-range missiles have the ability to engage enemies at ranges of more than 20 nautical miles. Booster rocket motor and ramjet sustainer motor were used to achieve such high range. In the past few years, the development and advances of technology and sensors have enabled these missiles to receive target coordinates during flight. Earlier, air-to-air and air-to-surface missiles used semi-active radar homing guidance. The new generation of missiles is based on the fire-and-forget concept.

Some impact Factors: -

  • Growing conflict among the nations across the globe.
  • Raise of guerrilla warfare by terrorist increases the demand of high precision weapons to target enemy more accurately.
  • Negative impact of COVID-19 on overall weapons market as nations investing more into healthcare.
  • As countries heavily investing on defence research results into stiff market competitions among the market leaders towards new product development and innovation.
  • Very High cost of manufacturing limits the market for (Network Enabled Weapons) NEW.
  • Reverse engineering adopted by some countries impact negatively on Network Enabled Weapons market.

What does this Report Provide?

This report provides a detailed understanding of the global network enabled weapons demand from a qualitative and quantitative perspective with a forecast next 10 years. The report also provides dynamic indicators with potential impact in the market during the forecast period and in-depth analysis of the leading companies operating in the global Network Enabled Weapons market. The major market drivers, challenges and opportunities for the Network Enabled Weapons are also covered in the market. This report also includes the market share of the leading Network Enabled Weapons producers along with their production capacities and growth strategies adopted by them.   

Market Segmentation: -

By Type:-

  • Naval-Launched
  • Air-Launched
  • Ground-Launched

By Application: -

  • Military
  • Personal

By Region:-

North America:-

  • North America, by Country
    • US
    • Canada
    • Mexico
  • North America, by Type
  • North America, by Application

Europe: -

  • Western Europe, by Country
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • The Netherlands
    • Rest of Western Europe
  • Western Europe, by Type
  • Western Europe, by Application

Asia Pacific:-

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Rest of Asia Pacific
  • Asia Pacific, by Type
  • Asia Pacific, by Application

Middle East & Africa: -

  • Middle East & Africa, by Country
    • UAE
    • Saudi Arabia
    • Qatar
    • Iran
    • South Africa
    • Rest of Middle East & Africa
  • Middle East & Africa, by Type
  • Middle East & Africa, by Application

South America: -

  • South America, by Country
    • Brazil
    • Argentina
    • Rest of South America
  • South America, by Type
  • South America, by Application

Major companies which were studied in this report: -   Boeing, Lockheed Martin, MBDA, Rafael Advanced Defence Systems, Raytheon and Others.

Objectives of this report:-

  • To estimate the market size for the network enabled weapons (NEW) market on a regional and global basis.
  • To identify major segments in the network enabled weapons (NEW) market and evaluate their market shares and demand.
  • To provide a competitive scenario for the network enabled weapons (NEW) market with major developments observed by key companies in the historic years.
  • To evaluate key factors governing the dynamics of the network enabled weapons (NEW) market with their potential gravity during the forecast period.

Reasons to Buy This Report:-

  • It provides niche insights for a decision about every possible segment helping in the strategic decision-making process.
  • Market size estimation of the network enabled weapons (NEW) market on a regional and global basis.
  • A unique research design for market size estimation and forecast.
  • Identification of major companies operating in the market with related developments
  • Exhaustive scope to cover all the possible segments helping every stakeholder in the network enabled weapons (NEW) market.

Customization:-

This study is customized to meet your specific requirements:-

  • By Segment
  • By Sub-segment
  • By Region/Country

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