The Next Generation Weapons Technology Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Next Generation Weapons Technology Market?
The market for next-generation weapons technology has seen substantial growth lately. The market size is anticipated to expand from $18.81 billion in 2024 to $20.11 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Next Generation Weapons Technology Industry?
The market size for next generation weapons technology is forecasted to reach $25.99 billion in 2029, with a compound annual growth rate (CAGR) of 6.6%.
Download Your Free Sample of the 2025 Next Generation Weapons Technology Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Next Generation Weapons Technology Market?
The key drivers in the next generation weapons technology market are:
• Rising demand for autonomous weapons
• Growing adoption of electromagnetic railguns
• Increase in the usage of edge computing in military applications
• Increase in military satellite deployments and modernization programs
Global Market Segmentation: Identifying Major Next Generation Weapons Technology Industry Segments
The next generation weapons technology market covered in this report is segmented –
1) By Product: Missiles, Munitions, Guided Projectiles, Guided Rockets, Guided Firearms, Directed Energy Weapons
2) By Technology: Laser, Infrared, Radar, Global Positioning System (GPS), Other Technologies
3) By Platform: Air, Land, Naval
Subsegments:
1) By Missiles: Hypersonic Missiles, Cruise Missiles, Ballistic Missiles, Anti-Ship Missiles, Surface-to-Air Missiles (SAM)
2) By Munitions: Smart Bombs, Cluster Munitions, Penetrator Munitions, Airburst Munitions, Non-Lethal Munitions
3) By Guided Projectiles: Precision-Guided Artillery Shells, Smart Mortar Rounds, Laser-Guided Tank Shells, Extended-Range Guided Projectiles, Electromagnetic Railgun Projectiles
4) By Guided Rockets: Laser-Guided Rockets, GPS-Guided Rockets, Air-to-Ground Guided Rockets, Multi-Launch Rocket System (MLRS) Rockets, Swarm-Enabled Guided Rockets
5) By Guided Firearms: Smart Rifles, Computerized Sniper Systems, Fire-and-Forget Small Arms, Tracking-Enabled Machine Guns, AI-Assisted Handguns
6) By Directed Energy Weapons: High-Energy Laser (HEL) Weapons, Microwave Weapons, Particle Beam Weapons, Electromagnetic Pulse (EMP) Weapons, Non-Lethal Directed Energy Weapons
Pre-order the 2025 Next Generation Weapons Technology Global Market Report for Fast Delivery & Comprehensive Insights!
What are the emerging Trends Shaping the Future of the Next Generation Weapons Technology Market?
The key trends in the next generation weapons technology market are:
• Integration of artificial intelligence (AI) in weapons technology will shape the future of the market.
• Development of hypersonic weapons is an emerging trend.
• The market will be influenced by a heightened focus on cybersecurity measures.
• The expansion of electromagnetic weapons and the adoption of 5G and millimeter wave communications are key upcoming trends.
Who Are the Top Competitors & Leading Players in the Next Generation Weapons Technology Market?
Major players in the next generation weapons technology market are:
• Raytheon Company
• The Boeing Company
• Lockheed Martin
• General Dynamics Mission Systems
• Northrop Grumman Corporation
• Mitsubishi Heavy Industries Ltd.
• BAE Systems
• Thales Group
• Leidos Holdings Inc.
• Rheinmetall AG
• Elbit Systems
• Israel Aerospace Industries (IAI)
• Naval Group
• MBDA
• General Atomics
• AeroVironment Inc.
• Bharat Dynamics Limited
• Electro Optic Systems
• Zen Technologies
• Hanwha Defense
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the next generation weapons technology market in 2024
