Weapon Mounts Market Growth Opportunities, Historical Analysis, Thriving Business, , Future Trends, Growth – 2023

Global Weapon Mounts Market.

Market Forecast

Global Weapon Mounts Market is projected to reach USD 1.81 Billion and register a CAGR of 7.4% between 2019 and 2026. The increasing defense expenditure and naval modernization program are primarily driving the growth of the market. Additionally, the increasing demand for remote weapon stations is driving the growth of the market further.

Market USP

Increasing use of remotely operated weapon system.

Growth Opportunities in the Market

Static mount segment is expected to record the highest growth in the market: The static mount segment accounted for the largest market share and is expected to register the highest CAGR during the review period. This is due to the high usage of static mounts turrets, coaxial mounts, and fixed mounts for military vehicles and aircraft.

The non-static mount segment is expected to record steady growth during the forecast period. Non-static mounts are often used by the soldiers.

Manned operating mount segment is expected to witness the highest growth in the market: The propulsion systems segment accounted for the largest market share in 2019 and is expected to register the highest CAGR during the review period. This is due to the increasing use of advanced manned operated mounts by the military forces.

Land segment accounted for the largest share in 2019: The land segment accounted for the largest share in 2019. This is due to the increasing use of advanced weapon-mounted military vehicles, UGVs, and soldier systems that are driving the growth of this segment.

The airborne segment is expected to register the highest CAGR during the forecast period.

Key Players

  • AEI Systems Ltd (UK)
  • Capco LLC (US)
  • Crsystems Inc. (US)
  • Fjord Defense AS (Norway)
  • FN Herstal (Belgium)
  • Kongsberg Defense & Aerospace (Norway)
  • Leonardo Spa (Italy)
  • Military Systems Group, Inc. (US)
  • Ohio Ordnance Works, Inc. (US)
  • WE Platt (Australia)

Other Prominent Players

  • Aselsan AS (Turkey)
  • BAE Systems Plc (UK)
  • Elbit Systems Ltd (Israel)
  • Electro Optic Systems (Australia)
  • Knds (Netherlands)
  • Rafael Advanced Defense Systems Ltd (Israel)
  • Raytheon Company (US)
  • Rheinmetall AG (Germany)
  • Saab AB (Sweden)
  • ST Engineering (Singapore)

Access Report Details @ https://www.marketresearchfuture.com/reports/weapon-mounts-market-10122