Remote Weapon Stations Market Research Report - Global Forecast till 2027
Remote Weapon Stations Market Research Report Global Forecast till 2027
Page |1
Copyright © 2017 Market Research Future.
Remote Weapon Stations Market Research Report - Global Forecast till 2027
1 Summary Global Remote Weapon Stations Market Research Report: Information by Component (Human Machine Interface, Sensors and Weapons & Armaments), Platform (Land, Naval and Airborne), Weapon Type (Lethal Weapons and Non-lethal Weapons), Application (Military and Homeland Security), Technology (Close-in Weapon Systems, Remote Controlled Gun Systems and Others), Mobility (Stationary and Moving) - Forecast till 2027 Remote Weapon Stations, Remote Weapon Stations Market, Remote Weapon Stations Industry, Remote Weapon Stations Market Size, Remote Weapon Stations Market Share, Remote Weapon Stations Market Trends, Remote Weapon Stations Market Analysis, Remote Weapon Stations Market Demand, Remote Weapon Stations Market Uses, Remote Weapon Stations Market, Global Remote Weapon Stations
Page |2
Copyright © 2017 Market Research Future.
Remote Weapon Stations Market Research Report - Global Forecast till 2027
2 Market Overview Global Remote Weapon Stations Market is projected to be valued at USD 19,680 Million by 2026, registering a CAGR of 10.93% from 2020 to 2026. Increasing defense expenditures by emerging economies have contributed significantly to the expansion of the remote weapon stations market. Furthermore, increasing contracts and mergers & acquisitions undertaken by companies is also expected to drive market growth during the review period. For example, in January 2018, Electro-Optics Systems (EOS) received a contract worth USD 600 million to provide 30mm remote weapons stations to an unnamed customer. The contract is deliverable in monthly shipments from 2018-2022, and follow-on awards for additional equipment, spare parts, servicing, and support are expected. However, the high cost of development and issues related to the integration of remote weapon stations with different platforms might hamper the growth of the market. Regional Analysis: Advancements in warfare technologies such as smart ammunitions, directed energy weapons, and advanced gun systems are expected to drive the growth of the market.
Page |3
Copyright © 2017 Market Research Future.
Remote Weapon Stations Market Research Report - Global Forecast till 2027
3 Pages Segmentation Sensors Segment to Register the Highest Growth Rate: The sensors segment is expected to register the highest CAGR during the forecast period, 2020 to 2026. Increasing up-gradation of sensor suites that provide enhanced detection and decision-making capabilities is expected to drive the growth of the segment. Incorporating data from key sensors provides soldiers with the autonomous ability to quickly evaluate battlefield scenarios and respond efficiently to identify threats. The Land Segment Is Expected to Be the Fastest-Growing: The land segment is expected to record the highest CAGR during the forecast period. The increasing procurement of infantry fighting vehicles (IFVs) and armored vehicles by countries such as China and India is expected to drive the growth of the segment. The Lethal Weapons Segment Dominated the Market in 2019: The segment dominated the market in 2019 due to factors such as the increasing incidences of terrorism and domestic conflicts, which will surely drive the demand for medium and high-caliber weapons systems by the BSF and military sectors of various countries. The Military Segment Dominated the Market in 2019: The military segment dominated the market in 2019, owing to the rapidly increasing defense budgets to innovate and develop robust remote weapon stations by emerging countries, such as the US, the UK, China, India, and others.
Intended Audience • • • • •
Smoothie’s manufacturers Functional foods & beverages industry Raw material suppliers Retailers and wholesaler Traders, importers, and exporters
Page |4
Copyright © 2017 Market Research Future.
Remote Weapon Stations Market Research Report - Global Forecast till 2027
Page |5
Copyright © 2017 Market Research Future.