Apr 25, 2018   SOURCE: BusinessWire

Global Network Enabled Weapons (NEW) Market (2018-2022) Forecast to Grow at a CAGR of 13.84% Driven by the Demand for Long-Range Missiles - ResearchAndMarkets.com

The "Global Network Enabled Weapons (NEW) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Global Network Enabled Weapons (NEW) market to grow at a CAGR of 13.84% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is growing involvement of AI in the next-generation weapons. The introduction of AI 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.

According to the report, one driver in the market is demand for long-range missiles. Defense agencies are heavily investing in the development of extended-range missiles or beyond-visual-range-missiles as these missiles enable them to strike the enemies from miles away and enhance the survivability of battle troops.

Further, the report states that one challenge in the market is dominance of GPS-guided systems. NEWs are derivatives of GPS-guided weapons and have the ability to have targeting coordinates updated during flight through the use of common data links. The coordinates can be updated by the system in an aircraft or any ground base that id connected to the common data link.

Key Vendors

  • Boeing
  • Lockheed Martin
  • MBDA
  • Rafael Advanced Defense Systems
  • Raytheon

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/4mdw47/global_network?w=4