Global Remote Weapon Station Market is Estimated to Reach $16 Billion by 2025, Says Accurize Market Research
Global Remote Weapon Station Market report published by Accurize Market Research forecast that the global market is expected to reach $16 billion by 2025; growing at a CAGR of 11.4% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Increasing acceptance of UAVs in civil & defense applications, and increased demand for high precision in weapons in military aircraft to drive the growth of the market
Increasing acceptance of UAVs in civil & defense applications, and increased demand for high precision in weapons in military aircraft fuels the demand for the global remote weapon station market. Furthermore, rise in awareness towards border security and increasing procurement of military equipment also boosts the growth of the market.
The global remote weapon station market has been bifurcated on the basis of platform, mobility, weapon type, component, application, technology, and geography. Platform segment can be further segmented into land, naval, airborne. The mobility segment is further divided into stationary and moving segment. Weapon type segment can be bifurcated into lethal and non-lethal. Furthermore, component segment includes sensors, human machine interface and weapons & armaments. The application segment is further divided into military and homeland security. The technology segment is further divided into close-in weapon system and remote controlled gun system.
By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are covered under North America wherein Europe covers U.K, Germany, France, Russia, Italy, and others. Asia-Pacific covers China, India, Japan, South Korea, Australia and others. RoW covers South America, Middle East and Africa.
Top players in the market
The key market players include Kongsberg Gruppen,RaytheonCompany,Elbit Systems, Leonardo – Società Per Azioni,SaabAB, Electro Optic Systems, BAE Systems, Rheinmetall AG, Aselsan A.S., FnHerstal and Rafael Advanced Defense Systems Ltd., among others.
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