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Remote Weapon Station Market by Application, Platform, Component, Weapon Type, Mobility, Technology And Region - Global Forecast to 2023

Remote Weapon Station Market: Global Forecast until 2023

  • June 2018
  • 196 pages
  • ID: 4764440
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Growing incidences of asymmetric warfare and growing demand for a safe and highly maneuverable gun system on a warfare platform are the main factors driving the remote weapon station market globally

The remote weapon station market is forecasted to grow from ~$8.5B in 2018 to ~$14.4B by 2023 at a Compound annual growth rate of ~11.2 percent from 2018 to 2023. The sector for remote weapon stations is influenced by different factors, including increasing number of wars and cross-border disputes, increase in asymmetric warfare, and growing military use of offensive weapons for tactical operations. The increase of the remote weapon station market could, nevertheless, be affected by certain main challenging factors in the next years, including the complexity engaged in the integration of the remote weapon station with a wide range of platforms.

Established on technology, the close-in weapon system segment is anticipated to grow at the highest CAGR (Compound annual growth rate) during the outlook period

Established on technology, the remote weapon station market has been broken down into close-in weapon system, remote controlled gun system, and others.The close-in weapon system segment of the remote weapon station market is expected to rise at the highest compound annual growth rate (CAGR) during the estimate period.

The rise of the close-in weapon system segment can be accredited to growing research & development activities worldwide for the development of advanced technologies and the enhanced reliability and unmanned operations of weapon systems.

EU is estimated to result the remote weapon station market during the outlook period

Europe (EU) is estimated to result, while the Asia Pacific area is expected to grow at a higher rate in the remote weapon station market during the estimate period.The UK, France (FR), Russian Federation, Italy (IT), and Germany (DE) are the top sectors for the remote weapon station in EU.

The increase of the market in the European countries is primarily attributed to technological advancements and growing incidences of armed conflicts or war against terrorism and also recent geopolitical events triggered by Russian Federation that have led many Eastern Europe countries to improve their defense capabilities.

Distribution of profile of primary participants of the remote weapon station market

• By Company category - Tier 1 - 55 %, Tier 2 - 20.0 percent and Tier 3 - 25.0 percent

• By Description - C-suite - 45.0 percent, D-level - 25.0 percent, Others - 30.0 percent

• By Area - North America continent - 25.0 percent, Europe (EU) - 20.0 percent, Asia-Pac - 40.0 percent, RoW - 15.0 percent

Main firms decribed in the study are Elbit Systems, Kongsberg Gruppen, Raytheon (NYSE:RTN), Saab (STO:SAAB-B), Leonardo S.p.A, Electro Optic Systems, ASELSAN A.S., MOOG, Rafael Advanced Defense Systems, F N Herstal, and Rheinmetall AG, among others.

Segment Research

This industry report presents a complete review of the remote weapon station market during the outlook period. The remote weapon station market has been mostly classified on the basis of application type, platform (land, airborne, naval), component (sensors, human machine interface, weapons & armaments), weapon type, mobility, technology (close-in weapon systems, remote controlled gun systems, and others), and area.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized different levels of analyses -industry study (sector trends and technology trend), market rank review of top actors, and company descriptions, which together comprise and examine basic views on the competitive landscape, emerging, and high-growth segments of the remote weapon station market, high-growth areas and territories, and their specific regulatory policies, government actions, and sector drivers, market restraints, and alternatives.

The market research offers business insights into these pointers:

• Market Uptake: Exhaustive data on remote weapon stations provided by the most important 15 market actors in the remote weapon station market

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the remote weapon station market

• Market Development: Highlighted information about lucrative industries - the report analyses sectors for remote weapon stations across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the remote weapon station market

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the remote weapon station market

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