Remote Weapon Station Market

28 Feb

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Remote Weapon Station Market Poised to Grow at a CAGR of 8.1% by 2024

  • By admin

  • January, 1970

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.


 

Get 15% discount for early purchase of global remote weapon station market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1493

 

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

      • CIWS
      • Remote Controlled Gun Systems

 

Global Remote Weapon Station Market by Platform

      • Land
        • Main Battle Tanks
        • Armored Fighting Vehicle
        • Others
      • Airborne
        • Fighter Aircraft
        • Helicopter
      • Naval
        • Corvettes
        • Offshore Petrol Vehicles
        • Others

 

Global Remote Weapon Station Market by Component

      • Human Interface Machines
      • Weapons & Armaments
      • Sensors

 

Global Remote Weapon Station Market by Weapon Type

      • Lethal Weapon
        • Small Caliber
        • Medium Caliber
      • Non-Lethal Weapon

 

Global Remote Weapon Station Market by Mobility

      • Moving
      • Stationary

 

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

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.