Global Remote Weapon Station market demand 2024, Forecast To 2033
4 Mar, 2024
The remote weapon station market size has undergone rapid growth, rising from$11.96 billion in 2023 to$13.36 billion in 2024, with a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period is attributed to military modernization programs, enhanced situational awareness, considerations for urban warfare, counter-terrorism operations, and a focus on soldier safety, deterrence, and force projection. Expected to continue its rapid growth trajectory, the market is projected to reach$20.29 billion in 2028, showcasing a CAGR of 11.0%. Major trends in the forecast period include integration of advanced technologies, miniaturization, and lightweight design, enhanced connectivity and network integration, modularity and customization, increased automation and autonomy, and a focus on precision and accuracy, as well as electromagnetic pulse (EMP) hardening.
Global Remote Weapon Station Market Key Driver
The increase in demand for remote weapon stations for military applications is expected to propel the growth of the remote weapon station market going forward. A remote weapon station is a unit of remotely controlled equipment used in aircraft, ships, and ground vehicles employed in open combat scenarios. Remote weapon stations help the military sector by enhancing precise target engagement against fixed and moving targets, tackling cross-border conflicts, peacekeeping actions, humanitarian operations, and others to improve the nation’s security. For instance, in January 2021, according to the Mittler Report Verlag GmbH article, a Germany-based journal website, approximately 23 countries are using the PROTECTOR family of RWS (remote weapon stations) that range from 5.56 mm MG up to 30 mm cannon and anti-tank guided weapons) to enhance their nation’s security. Therefore, increasing demand for remote weapon stations for military applications is driving the growth of the remote weapon stations market. The 2023, 2024, and 2028 market size values underscore the critical role of remote weapon stations in modern military operations, reflecting the increasing investments in defense technologies globally to enhance national security capabilities.
Get A Free Sample Of The Global Remote Weapon Station Market ReportGlobal Remote Weapon Station Market Segments
The global remote weapon station market covered in this report is segmented –
1) By Component: Payload, Sensors, Human Machine Interface (HMI), Fire Control Station, Other Components
2) By Technology: Close-in Weapon Systems, Remote Controlled Gun Systems, Other Technologies
3) By Platform: Land, Naval, Airborne
4) By Application: Military, Homeland Security
By Geography: The regions covered in the remote weapon station market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Europe was the largest region in the remote weapon station market in 2023. Asia-Pacific is expected to be the fastest-growing region in the remote weapon station market report forecast period. The regions covered in the remote weapon station market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Remote Weapon Station Industry Players
Aselsan A.S., BAE Systems PLC, Elbit Systems Ltd., Electro Optic Systems Pty Ltd., General Dynamics Corporation, Fn Herstal S.A., Imi Systems Ltd., Kongsberg Gruppen ASA, Leonardo SpA, Moog Inc., Raytheon Company, Rheinmetall AG, SAAB AB, ST Engineering, Kollmorgen, AeroVironment Inc., Ascent Vision Technologies LLC, Australian Target Systems Pty Ltd., Bharat Electronics Limited, Chess Dynamics Ltd., China Aerospace Science and Industry Corporation Limited, CMI Defence, Denel Land Systems, EOS Defence Systems Pty Ltd., FNSS Savunma Sistemleri A.S., Hanwha Defense, Instro Precision Ltd., Israel Military Industries Ltd., Jenoptik AG, Safran Electronics & Defense
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Remote Weapon Station Market Overview
Remote weapon stations refer to remotely operated equipment used in open battle conditions, designed for dynamic or static operation, and utilized in ships, ground vehicles, and aircraft, including firing units, and optical and imaging systems. It is used to monitor the perimeter of the vehicle platform, identify different ground, or air targets, and detect and attack targets with accuracy.
Remote Weapon Station Global Market Report 2023 provides data on the global remote weapon station market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The remote weapon station market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.