Infinium Global Research has added a new report on Remote Weapon Station Market. The report presents analysis of global as well as regional markets of remote weapon station market over the period of 2018 to 2024. Remote weapon station is also popularly known as Remote weapon system (RWS). It is remotely operated weaponized system often equipped with surveillance system and fire control system for light medium caliber weapons. These weapons systems can be installed on ground combat vehicles, air based combat platforms or sea based combat platforms. This equipment’s are mounted on modern military vehicles or may also be retrofitted onto existing vehicles and can also be integrated with grenade launcher. The interface and operating software permit the weapon system to be changed within minutes. The armaments such as machines guns to grenade launcher are automatically detected and the weapon station adapt its ballistic accordingly. The weapon station consists of a sophisticated weapon tower featuring electro-optical sights and allows the system to be operated from inside the vehicle with high degree of precision to protect the gunner from being exposed.
The key factor contributing to the growth of the remote weapon
station market is increasing deployment of remote weapon stations on combat
vehicles. This remote weapon station provides many benefits such as it provides
fast and accurate aim and fire capabilities with high precision, also it can be
integrated with existing technologies and infrastructure, seamless &
convenient human machine interface and provides minimal risk to operator. In
addition, rising number of cross border conflicts and terrorist activities are
fueling the remote weapon station market. Also, on-ongoing military
modernization program is augmenting the growth of the market. However,
mobility, maintenance, potential faults, reloading are some of the few examples
of the downsides of having a remote weapon station (RWS), these downsides can
act as restraint for the growth of the market. Improvement in accuracy, range
of the weapons and safety of the gunner, development of Spot and Shoot weapons
and increase in military budgets are some of the factors that can create
lucrative opportunities for the remote weapon station market in upcoming years.
Among the Geographies, North America is the leading region in
remote weapon station market, followed by Europe. U.S accounts for the major
market share in the North America region owing to highest defense expenditures.
The U.S spends around 3.3% of its GDP on defense expenditures. According to a
trusted source, In 2015 US defense spending outstripped that of China, Russia,
UK, France, Japan, Saudi Arabia and India combined. U.S is expected to remain
dominant in remote station weapon market throughout the forecast period,
2018-2024. In 2017, U.S president Trump had announced plans to increase the U.S
defense budget in 2018 by $ 54 billion dollar in order to rebuild the depleted
military of the U.S. Countries like Russia, U.K and France are leading
countries contributing to the growth of the Europe remote weapon station
market. Furthermore, Countries like Saudi Arabia, India and some South American
countries are offering lucrative growth opportunities for the remote weapon
station market in upcoming years on account of increase in defense budget and
initiatives taken by government to modernize the military. Moreover, the
growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global remote weapon station market but
also make strategic decisions to capture the most lucrative markets in the near
future. The market size is presented in terms of value for the historic year
2016 and estimated for forecast period of 2018-2024.
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The recent report identified that North
America dominated the global remote weapon station market over the last couple
of years, while emerging markets of Asia-Pacific and Latin America are anticipated
to contribute significantly to the growth in the remote weapon station market worldwide.
The report segments the global remote
weapon station market on the basis of Technology, Platform, Component, Weapon
Type and Mobility.
Global Remote Weapon Station Market by
Technology
Global Remote Weapon Station Market by
Platform
Global Remote Weapon Station Market by
Component
Global Remote Weapon Station Market by Weapon
Type
Global Remote Weapon Station Market by
Mobility
Companies Profiled in the Report
·
Raytheon Company
·
Elbit Systems
·
Kongsberg Gruppen
·
General Dynamics
Corporation
·
Leonardo S.P.A.
·
Rafael Advanced Defense
Systems
·
Aselsan A.S
·
Rheinmetall AG
·
BAE Systems Plc
·
Saab AB
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