![]() Expanding demand in the defense division for lightweight guided weapons is a key factor driving the growth. Over the past decade, the inventory of countries' weapons has increased considerably due to a rise in defense spending. The war against terrorism is promoting new procurement. The rise of terror and other terrorist activities globally has prompted the security agencies of various nations to step up the counter-measurement capabilities against different threats. Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
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