Global Weapon Mounts Market is Projected to Grow from USD 1.1 Billion in 2019 to USD 1.8 Billion by 2025, at a CAGR of 7.7% - ResearchAndMarkets.com

DUBLIN--()--The "Weapon Mounts Market by Mount Type (Turret, Coaxial, Fixed, Pintle/Pedestal, RWS, Swing Arm, Monopods, Bipods, Tripods), Platform (Ground, Naval, Airborne), Mode of Operation, Weapon Compatibility, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Ongoing military modernizations and increased procurement of armored vehicles, naval ships, and aircraft, among others, are expected to fuel the growth of the weapon mounts market across the globe.

Some of the factors that are expected to fuel the growth of the weapon mounts industry are increased procurement of armored vehicles, rotorcraft, machine guns, and aircraft by militaries worldwide, ongoing modernization of naval platforms by various countries, and increasing demand for remote weapon stations for military applications, among others. However, challenges such as high technical expertise requirements for the development of weapon mounts for remote operations are curbing the growth of this market.

The static mounts segment is projected to grow at the highest CAGR during the forecast period due to the rising procurement of armored vehicles globally.

Based on mount type, the static mounts segment is projected to grow at the highest CAGR during the forecast period due to the increase in the number of platforms where static mounts can be deployed, and the upgrades of these platforms by replacing older weapons with new and modern weapons. Procurement programs for armored vehicles, naval ships, and aircraft are driving the market for weapon mounts.

The naval segment is expected to lead the weapon mounts industry in 2019.

Based on platform, the naval segment is estimated to account for the largest share of the weapon mounts market in 2019. Modernization programs to upgrade weapons and weapon mounts for the mount's platform is driving the market. Additionally, the procurement of new naval ships by countries such as the US, India, China, Germany, and France, among others, is also driving the market for weapon mounts.

The manned segment is expected to grow at the highest CAGR during the forecast period.

Based on mode of operation, the manned segment is expected to grow at the highest CAGR during the forecast period due to the increase in demand for machine guns, sniper rifles, and automatic rifles by various militaries globally. For example, in February 2019, the Indian Army planned to procure 73,000 assault rifles and 44,000 Light Machine Guns (LMGs) to be deployed across the Indo-Pak border. The contract will most likely be awarded to a US firm supplying Sig Sauer rifles.

Asia Pacific is estimated to account for the majority of the global weapon mounts market share in 2019.

Asia Pacific is expected to lead the weapon mounts market in 2019. The market in the region has tremendous potential due to the need for armored vehicles, aircraft, and helicopters. Additionally, the increased procurement of weapons for soldiers is driving the market. The region has key investors in defense technology such as China, India, and Japan which invest heavily to modernize their troops. For example, in February 2019, the Indian Ministry of Defense started the procurement of Beretta .338 Lapua Magnum Scorpio TGT and Barrett .50-calibre M95 sniper rifles. These rifles are said to replace the Russian Dragunov sniper rifles.

Reasons to Buy this Report

This report is expected to help market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall weapon mounts market and its segments. This study is also expected to provide region-wise information about the applications, wherein weapon mounts are used.

This report aims at helping the stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses and plan suitable go-to-market strategies. This report is also expected to help them understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities influencing the growth of the market.

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Currency & Pricing

1.4 USD Exchange Rates

1.5 Limitations

1.6 Market Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Market Definition & Scope

2.3 Market Size Estimation & Methodology

2.4 Data Triangulation

2.5 Limitations

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in Weapon Mounts Market

4.2 Ground Weapon Mounts Market, By Vehicle Type

4.3 Naval Weapon Mounts Market, By Vessel Type

4.4 Airborne Weapon Mounts Market, By Aircraft Type

4.5 Static Weapon Mounts Market, By Type

4.6 Non-Static Weapon Mounts Market, By Mount Type

4.7 Weapon Mounts Market, By Region

5 Market Overview

5.1 Introduction

5.2 Roadmap of Weapon Mounts

5.3 Market Dynamics

6 Industry Trends

6.1 Introduction

6.2 Emerging Trends

6.3 Innovations & Patent Registrations

7 Weapon Mounts Market, By Mount Type

7.1 Introduction

7.2 Static Mounts

7.3 Non-Static Mounts

8 Weapon Mounts Market, By Platform

8.1 Introduction

8.2 Ground

8.3 Naval

8.4 Airborne

9 Weapon Mounts Market, By Mode of Operation

9.1 Introduction

9.2 Manned

9.3 Remotely Operated

10 Weapon Mounts Market, By Weapon Compatibility

10.1 Introduction

10.2 Weapon Compatibility

11 Regional Analysis

11.1 Introduction

11.2 North America

11.3 Europe

11.4 Asia Pacific

11.5 The Middle East

11.6 South America

12 Competitive Landscape

12.1 Introduction

12.2 Competitive Analysis

12.3 Market Ranking Analysis, 2019

12.4 Competitive Leadership Mapping

12.5 Strength of Product Portfolio

12.6 Business Strategy Excellence

12.7 Competitive Scenario

13 Company Profiles

13.1 Dillon Aero

13.2 AEI Systems LTD.

13.3 Military Systems Group, Inc.

13.4 Leonardo S.P.A.

13.5 Knds

13.6 FN Herstal

13.7 Ohio Ordnance Works, Inc.

13.8 Fjord Defense as

13.9 Crsystems Inc.

13.10 Capco LLC.

13.11 WE Platt

13.12 Kongsberg Defense & Aerospace

13.13 Rheinmetall AG

13.14 General Dynamics Ordnance and Tactical Systems

13.15 Engine Engineering Company

13.16 Cantine Armament Incorporated

13.17 Aselsan A.S.

13.18 Valhalla Turrets D.O.O.

13.19 Tmil Systems

13.20 Istec Services LTD.

13.21 Raytheon Company

13.22 Elbit Systems

13.23 SAAB AB

13.24 Electro Optic Systems

13.25 BAE Systems

13.26 Rafael Advanced Defense Systems LTD.

13.27 ST Engineering

13.28 China North Industries Corporation (Norinco)

13.29 IMI Systems

13.30 Jenoptik

13.31 Otokar as

13.32 Denel Vehicle Systems

13.33 Moog Inc.

13.34 Curtiss-Wright

For more information about this report visit https://www.researchandmarkets.com/r/l4jzts

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900