The Weapon Mounts Market Size was valued at USD 1.63 billion in 2022, expected to reach USD 2.99 billion by 2030 with a growing CAGR of 7.9% over the forecast period 2023-2030.
The weapon mount market is expected to grow significantly in the coming years, owing to increased demand from countries' modernization plans for their forces. A weapon mount is a piece of equipment used to hold weapons such as guns and snipers. Weapon mounts are classified into two types: static mounts and non-static mounts. Static weapon mounts are either directly mounted on the ground or integrated into the vehicle, whereas non-static weapon mounts are portable, meaning they can change position and revolve. New laser weapon innovations also pave the way for the growth of the weapon mounts market, as the DRDO recently tested a laser weapon mounted on a truck.
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Territorial and political conflicts between major economies have increased the need for tactical and military precautions. Furthermore, prominent defence systems are focusing on the acquisition of advanced war equipment with low operational costs. As a result, are likely to have a positive impact on the market during the forecast period. Because of technological advancements in the mounting mechanism, mounted weapons can now be operated in both static and non-static modes. These mounts can be modified and converted to fit the dimensions of various weapons such as automatic guns, machine guns, and others. The mounts can also be operated both directly and remotely.
MARKET DYNAMICS
KEY DRIVERS
The urgent demand for remote weapon stations may propel the weapon mount market.
Militaries around the world are increasing their purchases of armoured vehicles, helicopters, machine guns, and aircraft.
RESTRAINTS
Weapon mounts are extremely durable, eliminating the need for replacement.
Existing Platforms Have Saturated Demand
OPPORTUNITIES
Plans for Weapons Modernization Around the World
Mounts with High Stability for Remotely Operated Weapon Systems
CHALLENGES
High Technical Expertise is Required for the Development of Weapon Mounts for Remote Operations
The involvement of vulnerable and critical materials that necessitate higher manufacturing standards is also regarded as the primary challenge for the growth of the weapon mounts market.
THE IMPACT OF COVID-19
The COVID 19 pandemic has reduced production rates across several industrial verticals, affecting industry growth as a result of reduced industrial activities. Due to government restrictions, maintenance activities were also reduced, resulting in a decrease in demand for spare parts for the weapon mounts industries. On the other hand, as the government relaxes pandemic regulations, developing regions such as Asia-Pacific, the Middle East, and the UAE announce ambitious plans to acquire several armoured mounted vehicles.
The naval platform segment of the weapon mounts market is expected to grow at the fastest CAGR from 2022 to 2028. Several countries are updating their naval fleets with remote weapon stations, new close-in weapon stations, and armaments. With the modernization of the naval fleet, the demand for weapon mounts rises. Furthermore, countries such as the United States, Canada, India, China, and Japan are increasing their procurement of naval ships such as destroyers, aircraft carriers, and corvettes, among others, which is driving the market. The weapon mounts market is divided into static mounts and non-static mounts based on mount type. During the forecast period, the static mounts segment is expected to lead the market. The demand for weapon mounts such as turrets and coaxial mounts is driving growth in this segment. Additionally, rising demand for remote weapon stations for armoured vehicles and navy ships is likely to fuel the weapon mounting market.
KEY MARKET SEGMENTATION
By Platform
Ground
Naval
Airborne
By Mode of Operation
Manned
Remotely Operated
By Mount Type
Static Mount
Tripods
Non-Static Mount
By Weapon Compatibility
Machine guns
Automatic canons
Automatic rifles
Gatling guns
Sniper rifles
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REGIONAL ANALYSIS
Asia Pacific was the largest arms market. China, India, Japan, South Korea, North Korea, and Pakistan are among the major players investing in defense operations. Growing tensions between the countries in the region and the need to strengthen defense forces are likely to create a market environment.
Ongoing conflicts between the US and Iran have led to the development of defense programs for relevant countries, so the need for mountains is expected to grow over time. The advanced arms commission and parts of the US defense system are expected to support the market in the forecast period. Increased investment in defense by major economies including the U.K., Germany, France, and Russia is expected to boost the acquisition of developed weapons systems, thus, supporting the market on a positive note.
In the Middle East and Africa, the market is expected to grow at the expected pace due to high investment in defense systems. Saudi Arabia, the UAE, Iran, and Iraq have invested significantly in their military and air force and, therefore, have had a positive impact on the market.
Value chain analysis
Countries such as the United States and the Asia-Pacific region anticipate faster growth in the industry due to increased demand for ground, naval, and airborne platforms. Static mounts, which include turrets, coaxial mounts, fixed mounts, and pedestals, are in higher demand than other types. Static mounts are increasingly being used in harsh terrains such as sea-based platforms and land-based platforms. Because some military sectors have a higher demand for portability, they use non-static mounts. The armoured vehicles also make extensive use of weapon mounts, as well as fire control and command control systems. These vehicles could be equipped with machine guns, which has boosted the overall growth of the weapon mounts industry in recent years.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Major Players are Saab AB, Dillion Aero, Elbit Systems, BAE Systems, AEI Systems Ltd., FN Herstal, Capco LLC., ISTEC Services Ltd., Raytheon Company, KONGSBERG, and other players
Dillion Aero-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 1.63 Billion |
| Market Size by 2030 | US$ 2.99 Billion |
| CAGR | CAGR of 7.9% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Platform (Ground, Naval, Airborne) • By Mode of Operation (Manned and Remotely Operated) • By Mount Type (Static Mount, Tripods and Non-Static Mount) • By Weapon Compatibility (Machine guns, Automatic canons, Automatic rifles, Gatling guns, Sniper rifles) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Saab AB, Dillion Aero, Elbit Systems, BAE Systems, AEI Systems Ltd., FN Herstal, Capco LLC., and ISTEC Services Ltd., Raytheon Company, KONGSBERG, and other players. |
| DRIVERS | • The urgent demand for remote weapon stations may propel the weapon mount market. • Militaries around the world are increasing their purchases of armoured vehicles, helicopters, machine guns, and aircraft. |
| RESTRAINTS | • Weapon mounts are extremely durable, eliminating the need for replacement. • Existing Platforms Have Saturated Demand |
Manufacturers/Service providers, Consultants, Association, Research institutes, private and universities libraries, Suppliers, and Distributors of the product.
Militaries around the world are increasing their purchases of armored vehicles, helicopters, machine guns, and aircraft.
High Technical Expertise with The involvement of vulnerable and critical materials that necessitate higher manufacturing standards.
According to SNS insiders, the Weapon Mounts Market size was USD 1.63 billion in 2022 and is expected to reach USD 2.57 billion by 2028 with a CAGR of 7.9% over the forecasted period.
Financial, Products/ Services Offered, SWOT Analysis, The SNS view.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumption
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
4.3 Impact of Ongoing Recession
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Weapon Mounts Market Segmentation, by Platform
8.1 Ground
8.2 Naval
8.3 Airborne
9. Weapon Mounts Market Segmentation, by Mode of Operation
9.1 Manned
9.2 Remotely Operated
10. Weapon Mounts Market Segmentation, by Mount Type
10.1 Static Mount
10.2 Tripods
10.3 Non-Static Mount
11. Weapon Mounts Market Segmentation, by Weapon Compatibility
11.1 Machine guns
11.2 Automatic canons
11.3 Automatic rifles
11.4 Gatling guns
11.5 Sniper rifles
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Saab AB
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Dillion Aero
13.3 Elbit Systems
13.4 BAE Systems
13.5 AEI Systems Ltd.
13.6 FN Herstal
13.7 Capco LLC.
13.8 ISTEC Services Ltd.
13.9 Raytheon Company
13.10 KONGSBERG
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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