Remote Weapon Station Market to be dominated by Asia-pacific region through 2027
Favorable government
policies and ongoing technological advancements are expected to drive the
demand for the global remote weapon station market in the forecast period,
2023-2027.
According to TechSci Research
report, “Remote Weapon Station Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global remote weapon station
market is anticipated to witness robust growth in the forecast period,
2023-2027. A remote weapon station is a remotely controlled weapon that is
generally used on an open battlefield and allows the soldiers to
locate and engage targets with accuracy and safety. The use of remote weapon
stations lowers the risk to human life and enhances the capabilities of the
armed forces during combat situations. Remote weapon station consists of firing
units, optical & imaging systems, remote control systems, acoustic devices,
and other enhancements. They can be used in ground vehicles, ships, and aircraft and can be placed in moving
or stationary units. Factors such as the increase in programs focusing on the up
gradation of the military sector and growing demand for precision warfare
vehicles in the defense industry are driving the market demand across the
globe.
However, the high development
of remote weapon stations and the complexity experienced in integrating remote
weapon stations with different platforms may restrain the growth of the global
remote weapon station market in the forecast period.
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data Figures spread through 110 Pages and an in-depth TOC on "Global
Remote Weapon Station Market"
The global remote weapon
station market is segmented into component, platform, weapon type, mobility,
regional distribution, and competitive landscape.
Based on component, the
market is divided into the payload, sensors, human machine interface (HMI),
fire control station, and others. The sensor segment is expected to account for
a significant market share in the forecast period. Increase in the use of
sensor fusion technology and sensor suite to offer improved detection and
decision-making capabilities of the system. The data obtained from the sensors
could be utilized to evaluate the tactical scenario and respond efficiently to
the incoming threats.
Based on the platform, the
market is divided into land, naval, and airborne. The land segment is expected
to hold the largest market share in the forecast period. Developing countries
like China and India are investing in building large forces of armored vehicles
and infantry fighting vehicles. The main focus of the emerging economies is to
manufacture a wide range of offensive fighting vehicles and focus on the
development and integration of automated technologies in modern weapons and
military vehicles.
Based on weapon type, the
market is bifurcated into lethal weapons and non-lethal weapons. Lethal weapons
are expected to account for a significant market share in the forecast period.
The high demand for lethal weapons in close-combat situations to increase the
defense capability drives the market demand.
Based on mobility, the market
is divided into stationary and moving. The stationery segment is expected to
have a dominant market share through the next five years owing to the ease of
its integration on different platforms.
Major market players
operating in the global remote weapon station market are:
·
Singapore
Technologies Engineering Ltd.
·
Kongsberg
Defence Systems
·
Elbit
Systems Land and C4I Ltd.
·
Kollmorgen
·
Leonardo
S.p.A.
·
General
Dynamics Ordnance and Tactical Systems
·
Moog
Inc.
·
Electro
Optic Systems Pty Ltd.
·
Saab
AB
·
MERRILL
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“The Asia-pacific region is
dominating the market and is expected to maintain its dominance over the next
five years, 2023-2027. The rise in the defense budgets in emerging economies
like China and India for developing robust weapon systems is the major driver
for the global remote weapon station market. The growing focus on expanding the
military fleet and enhancing the defense capabilities and the efforts by the
concerned authorities to procure remote weapon stations are further expected to
influence the market demand. Also, leading authorities are spending significant
amounts on research and development activities to find innovative solutions to
enhance the functioning of remote weapon stations. Procurement of weapons along
with military modernization programs and growing defense spending is expected
to propel the global remote weapon station market demand till 2027” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Remote Weapon Station
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast,
2017-2027, Segmented By Component (Payload, Sensors, Human Machine Interface
(HMI), Fire Control Station and Others), By Platform (Land, Naval, Airborne),
By Weapon Type (Lethal Weapon, Non-Lethal Weapon), By Mobility (Stationary,
Moving), and By Region”, has evaluated the future
growth potential of global remote weapon station market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global remote weapon station market.
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