Press release
Weapon Mounts Market Key Insights And Growth Scenario Coverage of Top Key Players like Rafael Advanced Defense Systems, Electro Optic Systems, Elbit Systems, and BAE System
Weapon Mounts Market
With the surging development of advanced weapons, the demand for mounts is likely to increase, to hold these weapons. Citing an instance, in June 2020, Leonardo DRS, a renowned defense contractor company, reportedly announced that their counter-drone experts would develop, build, and deploy a military vehicle-mounted weapon for detecting, disabling or destroying small UAVs such as commercial quadcopters which are functioning as airborne IEDs.
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Based on type, the weapon mounts industry is divided into non-static and static. Of these, the non-static segment is expected to witness a CAGR of over 2.5% over the forecast period on account of growing demand for portable and low-weight monopods and bipods from sniper troops.
In terms of mode of operation, the industry is segmented into remotely operated and manual. There is robust demand for remotely operated weapon mounts as they are key to the operator’s safety and are capable of handling a variety of weapons having better target control and high accuracy.
Speaking on application, the weapon mounts market is divided into air, sea and land. Estimates suggest that the sea weapon mounts sector may record over USD 40 million in the upcoming years owing to increasing acquirement of frigates, submarines, corvettes, coastal patrol crafts and destroyers. The naval defense sector is likely to grow substantially as several countries are considering reinforcement of maritime capability. Additionally, rising incidence of smuggling, terrorist activities and maritime territorial disputes may impel the requirement for weapon mounted systems.
On the geographical front, weapon mounts market in Europe will witness nearly 2% CAGR through the forecast time period due to increasing cooperation between EU members for the development of armaments. U.S. being a main supplier is likely to face competition from European suppliers over the coming years. In fact, countries like the United Kingdom, Italy, the Netherlands, Denmark, and Belgium are expected to procure vast deliveries of anti-submarine warfare aircrafts and combat aircrafts in the future.
Moog Inc., Kongsberg Defense & Aerospace, Rafael Advanced Defense Systems, ST Engineering, Elbit Systems Ltd., Rheinmetall AG, Electro Optic Systems, and Saab AB among many others are some of the key players operating in the weapon mounts market.
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Partial Chapter of the Table of Content
Chapter 4. Weapon Mounts Industry, By Type
4.1. Global weapon mounts market type insights
4.2. Static
4.2.1. Market estimates and forecast, 2016 – 2026
4.2.2. Market estimates and forecast, by region, 2016 – 2026
4.3. Non-static
4.3.1. Market estimates and forecast, 2016 – 2026
4.3.2. Market estimates and forecast, by region, 2016 – 2026
Chapter 5. Weapon Mounts Market, By Mode of Operation
5.1. Global weapon mounts market mode of operation insights
5.2. Manual
5.2.1. Market estimates and forecast, 2016 – 2026
5.2.2. Market estimates and forecast, by region, 2016 – 2026
5.3. Remotely operated
5.3.1. Market estimates and forecast, 2016 – 2026
5.3.2. Market estimates and forecast, by region, 2016 – 2026
Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/weapon-mounts-market
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Global Market Insights, Inc.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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