Favorable government policies and ongoing technological advancements are expected to drive the demand for the global remote weapon station market in the forecast period, 2023-2027.
According to TechSci Research report, “Remote Weapon Station Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global remote weapon station market is anticipated to witness robust growth in the forecast period, 2023-2027. A remote weapon station is a remotely controlled weapon that is generally used on an open battlefield and allows the soldiers to locate and engage targets with accuracy and safety. The use of remote weapon stations lowers the risk to human life and enhances the capabilities of the armed forces during combat situations. Remote weapon station consists of firing units, optical & imaging systems, remote control systems, acoustic devices, and other enhancements. They can be used in ground vehicles, ships, and aircraft and can be placed in moving or stationary units. Factors such as the increase in programs focusing on the up gradation of the military sector and growing demand for precision warfare vehicles in the defense industry are driving the market demand across the globe.
However, the high development of remote weapon stations and the complexity experienced in integrating remote weapon stations with different platforms may restrain the growth of the global remote weapon station market in the forecast period.
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The global remote weapon station market is segmented into component, platform, weapon type, mobility, regional distribution, and competitive landscape.
Based on component, the market is divided into the payload, sensors, human machine interface (HMI), fire control station, and others. The sensor segment is expected to account for a significant market share in the forecast period. Increase in the use of sensor fusion technology and sensor suite to offer improved detection and decision-making capabilities of the system. The data obtained from the sensors could be utilized to evaluate the tactical scenario and respond efficiently to the incoming threats.
Based on the platform, the market is divided into land, naval, and airborne. The land segment is expected to hold the largest market share in the forecast period. Developing countries like China and India are investing in building large forces of armored vehicles and infantry fighting vehicles. The main focus of the emerging economies is to manufacture a wide range of offensive fighting vehicles and focus on the development and integration of automated technologies in modern weapons and military vehicles.
Based on weapon type, the market is bifurcated into lethal weapons and non-lethal weapons. Lethal weapons are expected to account for a significant market share in the forecast period. The high demand for lethal weapons in close-combat situations to increase the defense capability drives the market demand.
Based on mobility, the market is divided into stationary and moving. The stationery segment is expected to have a dominant market share through the next five years owing to the ease of its integration on different platforms.
Major market players operating in the global remote weapon station market are:
- Singapore Technologies Engineering Ltd.
- Kongsberg Defence Systems
- Elbit Systems Land and C4I Ltd.
- Leonardo S.p.A.
- General Dynamics Ordnance and Tactical Systems
- Moog Inc.
- Electro Optic Systems Pty Ltd.
- Saab AB
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“The Asia-pacific region is dominating the market and is expected to maintain its dominance over the next five years, 2023-2027. The rise in the defense budgets in emerging economies like China and India for developing robust weapon systems is the major driver for the global remote weapon station market. The growing focus on expanding the military fleet and enhancing the defense capabilities and the efforts by the concerned authorities to procure remote weapon stations are further expected to influence the market demand. Also, leading authorities are spending significant amounts on research and development activities to find innovative solutions to enhance the functioning of remote weapon stations. Procurement of weapons along with military modernization programs and growing defense spending is expected to propel the global remote weapon station market demand till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Remote Weapon Station Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Component (Payload, Sensors, Human Machine Interface (HMI), Fire Control Station and Others), By Platform (Land, Naval, Airborne), By Weapon Type (Lethal Weapon, Non-Lethal Weapon), By Mobility (Stationary, Moving), and By Region”, has evaluated the future growth potential of global remote weapon station market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global remote weapon station market.
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