Weapon Mounts Market Research Report

 

Growth opportunities in the Weapon Mounts Market look promising over the next six years. This is mainly due to the surge in the investments in the military for purchasing weapon and the rising adoption of rotorcraft and aircraft.

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Weapon Mounts Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The augmenting acquisition of aircraft, rotorcraft, and armed vehicles by the militaries coupled with the ongoing developments in the naval platform across countries are the prominent drivers stimulating the growth of the global weapon mounts market. Also, the surge in the implementation of combat aircraft drives, increasing requirement of machine guns, sniper rifles, and the acceleration in the investments to purchase military weapons and armored vehicles further strengthen the weapon mounts market size. Moreover, the escalating preference towards implementing remote-controlled weapon stations and constant initiatives for accomplishing the modernization plans coupled with the ongoing technological up-gradation for their design will supplement the market growth. However, the prerequisite of excessive technical skills for the production of these weapons will curb the weapon mounts market share.

Platform Segment Drivers

Based on the platform, Naval is projected to witness a faster CAGR during the forecast period. This is primarily attributed to the improvement in the streamline of naval platforms and regular enhancement of weapon systems on the ships like corvettes and frigates. Moreover, the mounting adoption of these ships, primarily in countries like China, India, and the US, also promote the market growth.

Regional Drivers

Based on the regional coverage, Asia-Pacific is predicted to dominate the market during the forecast period. This is because of the extending stipulation of armored vehicles and helicopters. In addition to it, the accumulating endowment by countries, including China and India, for defense technology will propel the market growth. 

Weapon Mounts Market’s leading Manufacturers:

·        Capco LLC

·        Ohio Ordnance Works, Inc.

·        FN Herstal

·        Leonardo S.P.A

·        AEI Systems Ltd.

·        Dillon Aero

·        Crsystems Inc.

·        Fjord Defense AS

·        KNDS

·        Military Systems Group, Inc.

Weapon Mounts Market Segmentation:

Segmentation by Mount Type

·        Static Mounts

o   Coaxial Mounts

o   Turrets

o   Pintles/Pedestals

o   Fixed Mounts

o   Remote Weapon Stations

o   Swing Arm Mounts

·        Non-Static Mounts

o   Monopods

o   Bipods

o   Tripods

Segmentation by Platform

·        Naval

o   Destroyers

o   Aircraft Carriers

o   Frigates

o   Offshore Patrol Vessels (OPV)

o   Corvettes

·        Ground

o   Fixed Installation

o   Vehicle-Mounted

o   Infantry Fighting Vehicles (IFV)

o   Main Battle Tanks (MBT)

o   Armored Amphibious Vehicles (AAV)

o   Others

o   Dismounted Soldiers

·        Airborne

o   Attack Helicopters

o   Combat Aircraft

o   Special Mission Aircraft

Segmentation by Mode of Operation

·        Remotely Operated

·        Manned

Segmentation by Weapon Capability

·        Automatic Cannons

·        Machine Guns

o   Light Machine Guns (LMG)

o   Medium Machine Guns (MMG)

o   Heavy Machine Guns (HMG)

·        Automatic Rifles

·        Sniper Rifles

·        Gatling Guns

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

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