tmrFebruary 15, 2021
Global Smart Bullets Market: Snapshot
The global smart bullet market is heavily influenced by the increase in the defense budget across the world. The swiftly advancing economies, such as China, India, France, the U.S., and U.K. are increasingly integrating smart bullets in their military organizations, which is reflecting positively on this market. With technological advancements, these bullets are likely to witness a substantial rise in their demand in several countries, such as the U.S., China, and India over the next few years.
The global market is likely to proliferate significantly in the near future. Expanding at a CAGR of 15.20% between 2017 and 2025, the opportunity in this market is estimated to increase from US$270.4 mn in 2016 to a value of US$955.4 mn by the end of 2025.
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