Growth opportunities in the Weapon Mounts Market look promising over the next six years. This is mainly due to the surge in the investments in the military for purchasing weapon and the rising adoption of rotorcraft and aircraft.
Weapon Mounts Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The augmenting acquisition of aircraft, rotorcraft, and armed vehicles by the militaries coupled with the ongoing developments in the naval platform across countries are the prominent drivers stimulating the growth of the global weapon mounts market. Also, the surge in the implementation of combat aircraft drives, increasing requirement of machine guns, sniper rifles, and the acceleration in the investments to purchase military weapons and armored vehicles further strengthen the weapon mounts market size. Moreover, the escalating preference towards implementing remote-controlled weapon stations and constant initiatives for accomplishing the modernization plans coupled with the ongoing technological up-gradation for their design will supplement the market growth. However, the prerequisite of excessive technical skills for the production of these weapons will curb the weapon mounts market share.
Platform Segment Drivers
Based on the platform, Naval is projected to witness a faster CAGR during the forecast period. This is primarily attributed to the improvement in the streamline of naval platforms and regular enhancement of weapon systems on the ships like corvettes and frigates. Moreover, the mounting adoption of these ships, primarily in countries like China, India, and the US, also promote the market growth.
Regional Drivers
Based on the regional coverage, Asia-Pacific is predicted to dominate the market during the forecast period. This is because of the extending stipulation of armored vehicles and helicopters. In addition to it, the accumulating endowment by countries, including China and India, for defense technology will propel the market growth.
Weapon Mounts Market’s leading Manufacturers:
- Capco LLC
- Ohio Ordnance Works, Inc.
- FN Herstal
- Leonardo S.P.A
- AEI Systems Ltd.
- Dillon Aero
- Crsystems Inc.
- Fjord Defense AS
- KNDS
- Military Systems Group, Inc.
Weapon Mounts Market Segmentation:
Segmentation by Mount Type
- Static Mounts
- Coaxial Mounts
- Turrets
- Pintles/Pedestals
- Fixed Mounts
- Remote Weapon Stations
- Swing Arm Mounts
- Non-Static Mounts
- Monopods
- Bipods
- Tripods
Segmentation by Platform
- Naval
- Destroyers
- Aircraft Carriers
- Frigates
- Offshore Patrol Vessels (OPV)
- Corvettes
- Ground
- Fixed Installation
- Vehicle-Mounted
- Infantry Fighting Vehicles (IFV)
- Main Battle Tanks (MBT)
- Armored Amphibious Vehicles (AAV)
- Others
- Dismounted Soldiers
- Airborne
- Attack Helicopters
- Combat Aircraft
- Special Mission Aircraft
Segmentation by Mode of Operation
- Remotely Operated
- Manned
Segmentation by Weapon Capability
- Automatic Cannons
- Machine Guns
- Light Machine Guns (LMG)
- Medium Machine Guns (MMG)
- Heavy Machine Guns (HMG)
- Automatic Rifles
- Sniper Rifles
- Gatling Guns
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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