Close-In Weapon Systems (CIWS) Market Size, share, growth report explores industry trends & analysis 2027 | Raytheon, BAE Systems

The “Close-In Weapon Systems (CIWS)” Market report mainly studies the size, recent trends, and development status of the Close-In Weapon Systems (CIWS) market, as well as investment opportunities, government policy, market dynamics (drivers, restraints, opportunities), supply chain, and competitive landscape. Technological innovation and advancement will further enhance the performance of the product, making it more broadly used in downstream applications. Moreover, Porter's Five Forces Analysis (potential entrants, suppliers, substitutes, buyers, industry competitors) provides crucial information for knowing the Close-In Weapon Systems (CIWS) market.

The global Close-In Weapon Systems (CIWS) market exhibited moderate growth during 2021-2027. Looking onward, the market is to grow at a CAGR of around 11.8%.

The study contains market share analysis and profiles of players such as Raytheon, BAE Systems, Thales Group, Israel Aerospace Industries, Northrop Grumman, Oto Melara, General Dynamics

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This research will help you comprehend the form with Impacting Trends if you are a Close-In Weapon Systems (CIWS) manufacturer and would like to check or understand the policy and regulatory proposal, designing clear explanations of the stakes, prospective winners and losers, and development possibilities.

Market Overview:

The close-in weapon systems market is anticipated to be driven by a consistent increase in the global military fleet, internal and external security threats, technological innovations, aging global military fleet, joint ventures, and strategic alliances formed to address the specific requirements of the modernization initiatives undertaken by the global armed forces. Moreover, the growing instances of asymmetric warfare and the emphasis on developing advanced warfare systems are the main drivers for the market.

However, the design and operational issues regarding the use of automated weaponry such as remote weapon stations (RWS) and CIWS may challenge the industry in the short term. Additionally, the market is marred by frequent installation and operational challenges associated with autonomous weapon systems, such as the inherent vulnerability to magnetic fields, radio signals, and other electronic attacks.

On the basis of types, the Close-In Weapon Systems (CIWS) market is primarily split into:

Gun-based Close-In Weapon Systems
Missile-based Close-In Weapon Systems

On the basis of applications, the Close-In Weapon Systems (CIWS) market covers:

Ground
Air
Naval

Regions and Countries Level Analysis:

North America to Dominate the Market During the Forecast Period

The United States and Canada are avid users of CIWS in North America currently focused on upgrading their existing vehicle fleet and their corresponding capabilities. The US FY2021 defense budget prioritizes modernization of military systems to compete with China and Russia on the global front while emphasizing day-to-day operations for ongoing conflicts, crisis response, and allied engagement. As per the 2021 defense budget provisions, the defense contractors are anticipated to pursue the production of existing CIWS while conducting extensive R&D for future systems.

In September 2018, Raytheon Technologies Corporation was awarded a USD 482 million contract, spanning over six years, to update the MK 15 CIWS deployed by the US Army and the US Navy. Additionally, in January 2018, Raytheon received a USD 570 million contract from the Canadian government for the maintenance and upgrade of 21 units of Phalanx Close-in Weapon Systems installed on the naval fleet. 

Geographically, the report includes the research on production, consumption, revenue, market share and growth rate, and forecast (2021-2027) of the following regions:

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, etc.)

Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)

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Market Analysis:

During the last decade, many countries have developed and fielded their autonomous weapon systems to bolster their military capabilities and to strengthen their troops in several conflicts around the world. The proliferation of innovations in the field of sensor technologies, weapon firing systems, and other auxiliary systems are aimed at enhancing the accuracy and performance capabilities of the current generation of CIWS. The emphasis on increasing the autonomy of the weapon systems has given rise to unmanned weapon technologies such as RWS and CIWS that can effectively neutralize a target without human intervention.

The new variants of CIWS feature advanced optronic that renders them exceptionally suitable for urban warfare and thus reduce the casualties during a war. The increasing induction of armored vehicles equipped with RWS and CIWS systems for protection against incoming projectiles is driving the demand for such systems. Furthermore, the emergence of sophisticated missiles is driving the defense manufacturers to develop new variants of CIWS to counter the incoming hostile projectile before impact effectively.

Report Contents in the Table:

Chapter 1 provides an overview of the Close-In Weapon Systems (CIWS) market, containing global revenue, global production, sales, and CAGR. The prediction and analysis of the market by type, application, and region are also presented in this chapter.

Chapter 2 is about the market landscape and major players. It offers a competitive situations and market concentration status along with the basic information of these players.

Chapter 3 provides a full-scale analysis of major players in the Close-In Weapon Systems (CIWS) industry. The basic information, as well as the profiles, applications, and specifications of products market performance along with Business Overview, are offered.

Chapter 4 gives a worldwide view of the Close-In Weapon Systems (CIWS) market. It contains production, market share revenue, price, and the growth rate by type.

Chapter 5 focuses on the application of Close-In Weapon Systems (CIWS), by analyzing the consumption and    growth rate of each application.

Chapter 6 is about the production, consumption, export, and import of Close-In Weapon Systems (CIWS) in each region.

Chapter 7 pays attention to the production, revenue, price, and gross margin of Close-In Weapon Systems (CIWS) in markets of different regions. The analysis on production, revenue, price, and gross margin of the global market is covered in this part.

Chapter 8 focuses on manufacturing analysis, including key raw material analysis, cost structure analysis, and process analysis, making up a comprehensive analysis of manufacturing cost.

Chapter 9 introduces the industrial chain of Close-In Weapon Systems (CIWS). Industrial chain analysis, raw material sources and downstream buyers are analyzed in this chapter.

Chapter 10 provides strong insights into market dynamics.

Chapter 11 prospects the entire Close-In Weapon Systems (CIWS) market, including the global production and revenue forecast, regional forecast. It also predicts the Close-In Weapon Systems (CIWS) market by type and application.

Chapter 12 settles the research findings and refines all the highlights of the study.

Chapter 13 introduces the research methodology and sources of research data for your understanding.

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Impact and Recovery Analysis of Covid-19:

Under COVID-19 outbreak globally, Detailed analysis about market status, enterprise race pattern, advantages and disadvantages of enterprise products, industry development trends (2021-2027), regional industrial layout features and macroeconomic policies, industrial policy has also been included. this report provides 360 degrees of analysis from the supply chain, import and export control to regional government policy and future influence on the industry.

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