Global Weapon Mount Market Study Analysis: Growing demand for Remote Weapon Stations in Military Applications

The global Weapon Mount market size was valued at $ Million in 2020 and is expected to reach $ Billion by 2028 growing at the CAGR of 15.35% from 2021 to 2028. A weapon mount is a device or assembly that holds a weapon during a course of combat. The weapon mounts are categorized as static mounts and non-static mounts. The static mounts are non-portable assembly that mounts either directly to the ground, on a fortification, or as part of a vehicle. The increasing government expenditure for military and defense activities coupled with advancement in technologies is expected to drive the weapon mount market growth.

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Global Weapon Mount Market Drivers And Restrain:
The major factors that have impacted the growth of the Weapon Mount market are ongoing military modernization that has surged the demand for better combat equipment and surging demand for remote weapon stations, among others.

Ongoing Military Modernization:
The military and defense across the globe are going through modernization programs. The surging demand for increasing demand for highly technological weapons has motivated the countries to enhance the capabilities of their military and defense. The governments and authorities have increased their spending for strengthening their defense. The increasing demand for automated weapons and procurement of rotorcraft, machine guns, and armored vehicles. Thus, is expected to drive the weapon mounts market growth.

Surging demand for remote weapon stations:
A remote weapon station is a platform that enables the remote operation of a weaponized system often equipped with a fire-control system for light and medium-caliber weapons which can be installed on weapon mounts or ground combat vehicles or sea- and air-based combat platforms. The remote control weapon station is a part of new modern military equipment that enhances the strength of the military. It allows a gunner to remain in the relative protection of the vehicle. The development of smart vehicular technologies is also expected to fuel the weapon mount market growth.
The market is hampered by Weapon mounts with high durability, obviating the need for replacement and saturating demand from existing platforms.

Impact Of COVID-19 on the Weapon Mount Market:
• Impact on Market Size
• End-User Trend, Preferences, and Budget Impact
• Regulatory Framework/Government Policies
• Key Players Strategy to Tackle Negative Impact
• Opportunity Window

Global Weapon Mount Market Segments:
The global Weapon Mount market is further segmented into a mode of operation, platform, weapon compatibility, mount type, and geography.

By Mode of Operation: Manned and Remotely Operated
By Platform: Ground, Naval, and Airborne
By Weapon Compatibility: Machine guns, Automatic canons, Automatic rifles, Gatling guns, and Sniper rifles
By Mount Type: Static Mount and Non-Static Mount

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa and South America)

The Asia Pacific is expected to dominate the market due to the increased demand for weapon mounts for ground, naval, and airborne platforms. The countries including India, China, North Korea, South Korea, and Afghanistan are investing large amounts as the border disputes have led to the tense situation between countries. North America is estimated to have a higher market share owing to the adoption of smart technologies for strengthening defense and military.
Key Players of Global Weapon Mount Market:
• Kongsberg Gruppen
• Raytheon Company
• Elbit Systems
• Saab Group
• BAE Systems
• Dillion Aero
• AEI Systems Ltd.
• Leonardo S.p.A.
• Capco LLC.
• ISTEC Services Ltd

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Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Weapon Mount Market
• Value Chain Analysis of Global Weapon Mount Market
• What is the CAGR of the global Weapon Mount Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis

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