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Remote Weapon Stations Market to Show Outstanding Growth by 2030 | Profiling Global Players
Remote Weapon Stations Market
Remote Weapon Stations Market is projected to reach USD 19,680 Million by 2030 and register a CAGR of 10.93%
The popularity of remote weapon stations is growing due to their ability to be operated by remote control and their inclusion of light and medium caliber guns. These systems are integrated with operational vehicles, such as fighter planes, tanks, helicopters, and naval ships. Since they are outfitted with cutting-edge technologies such as remote-control systems, sensors, a variety of weaponry, and important others, they are being used more frequently in the military and combat.
When compared to platform types, the land segment is anticipated to drive the Remote Weapon Stations Market expansion thanks to the lower customization and funding costs associated with integration with stationery and land vehicles, the rise in attacks against possible military outposts and bases, well and secure vulnerable areas, are providing chances for the remote weapon stations sector to expand.
Market Segment
The Remote Weapon Stations Market segment for remote weapons stations is divided into six segments; based on components, the platform, their type, their applications, mobility and as per their fit.
Depending On Components-
Depending on the components, the remote weapons stations market is divided into three categories, namely:
- Human-machine interface
- Sensors.
- Armed forces and weapons.
Depending on the Platform-
Depending on the platform, the remote weapons station market is categorized into the following segments:
- Land
- Naval
- Airborne
According to their Type-
As per their type, the remote weapons station is divided into:
- Lethal weapons
- Non-lethal weapons
Depending on Applications:
For what purpose they are being used, the remote weapons station market is divided into two main categories:
- Homeland security and
- The military
Depending on Mobility:
As per their mobility, they are being divided into:
- Static
- Active.
According To Fit:
Depending on the fit, the remote stations market is categorized into:
- Line fit
- Retrofit
Key Players of Remote Weapon Stations Market
Following of Remote Weapon Stations Market Players KONGSBERG (Norway), Raytheon Technologies Corporation (US), Elbit Systems (Israel), Saab AB (Sweden), Leonardo S.p.A. (Italy), BAE Systems (UK), Electro Optic Systems Pty Ltd (Australia), Rheinmetall AG (Germany), ASELSAN A.S (Turkey)
Other Prominent Players
FN HERSTAL (Belgium), Rafael Advanced Defense Systems Ltd. (Israel), Moog, Inc. (US), ST Engineering (Singapore), Norinco Group, Inc. (China), General Dynamics Corporation (US), Nexter group KNDS (France), Mahindra Emirates Vehicle Armouring Fz LLC (UAE), Bharat Electronics Limited (India), Israel Aerospace Industries (Israel)
Regional Analysis
Because the United States and Canada are the region's most frequent users of remote weapon systems, North America currently commands a larger market share in the remote weapon stations sector. Additionally, they have recently concentrated on upgrading their fleet of vehicles and other capacities. In North America, these elements are driving.
The modernization of military systems, oversight of ongoing operations, and interaction with allies have all been highlighted in the US defense budget for FY2020. For instance, Kongsberg Defence and Aerospace, one of the top Remote Weapon Stations Market participants, received approximately USD 48 million contracts in 2019 to manufacture and deliver remote weapon systems. Such strategies and purchase agreements are advancing the development of the remote weapon station business across North America.
Industry News
Mahindra Defense Systems and Bharat Electronics, two of the top competitors in the Indian industry, have just unveiled newly created remote weapon stations specifically made for armored vehicles.
2018 saw the introduction of the ultra-light R150 platform, an effective and lightweight platform for remotely mounting weapon systems, from one of the key industry participants, Electro-Optic Systems, which is regarded as the leading manufacturer of remote weapon systems. They are created especially for automobiles with protection.
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 2030
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