(MoneyNewsWire.Net, October 04, 2018 ) Smart weapons are in demand because of their precise and automated features. Smart weapons are missiles and bombs equipped with terminal or satellite guided system with cameras and tracking systems. Such weapons have authorization systems and reduce collateral damage. For instance, Agni 5 is India's intercontinental surface-to-surface nuclear capable ballistic missile.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL RADARS AND WEAPONS MARKET AT $414 BILLION IN 2017
Asia Pacific was the largest geographic region in the market, accounting for one-third of the global market share, because of the modernization and advancement of surveillance systems.
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According to The Business Research Company’s Consultant, Nitin Gianchandani, cyber secured arms is one of the major trend in the industry. It encompasses evaluation of task structure, networking and other vulnerable results. It helps clients to shield their networks, lessen intimidations, guard their stages and uninterruptedly evaluate their systems.
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The Boeing Company was the largest player in market, with revenues of $93 billion in 2017. Boeing’s growth strategy is to grow its business worldwide.
The radars and weapons industry comprises establishments primarily engaged in manufacturing weapons and radars for both civil and military purposes. Examples include air defense radars and air traffic control radars.
Radars And Weapons Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $6000 for an individual user. To use across your office, the price is $9000 and $12000 if you wish to use across a multinational company.
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