Weapon Mounts Market: Global Outlook, Key Developments, And Mark
Dec 10th, 2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Weapon Mounts Market.
Weapon Mounts Market is likely to witness a CAGR of 2.6% during the forecast period. The expansion of the industry will be supported by continuous research & development activity and the integration of cutting-edge weaponry technology. In combination with military organizations, technical experts and engineers working to understand the fundamental need and to modernize armaments, the development of technology will contribute to the improvements of weapon mounting operations.
A weapons mount is a mount or mechanism used to hold a weapon on a platform so that it can operate to its maximum possible capacity. This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Segment Analysis:
Weapon Mounts Market Share: By Mode of Operation Type
Based on the mode of operation type, the market is segmented as manual operated and remotely operated. The remotely-operated segment is expected to lead the market during the forecast period. The growth of the segment is driven by its versatility and effective target commitment. Remotely-operated systems often have the ability to track automatically to help the gunner to monitor the target continuously and to accurately shoot it in motion.
Weapon Mounts Market Share: By Application Type
Based on the application type, the market is segmented as land, sea, and air. Land application dominated the sector with over 80% of arms mounting the market share and is likely to continue to command the territory and boundary acrimonies, increasing terrorism and geostrategic threats during the forecast period. This influences the procurement of tanks, vehicles in combat, blindfolded personnel and blinded infantry vehicles by various countries, thus bolstering the growth of the segment over the forecast period.
Weapon Mounts Market Share: By Region
In terms of regions, the North American weapon mounts market seems more dominating than the other markets. The market share of weapon mounts, in North America is driven by large military expenditure, supportive government policies and technological developments. The market is expected to increase at a growth rate of around 2.5% during the forecast period. Alone in 2019, the U.S. represented almost two fifths of the world"s military expenditure. Europe and Asia-Pacific are also expected to offer substantial growth opportunities over the forecast period.
Key Players:
Key players operating in the Weapon Mounts market are-
- FN Herstal
- Dillon Aero
- Leonardo S.p.A.
- Moog Inc.
- otoker
- Rheinmetall AG
- Rafael Advanced Defense Systems
- Electro Optic Systems
- Elbit Systems
- BAE Systems.
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Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Weapon Mounts Market analysis report discusses the following heads in great detail:
· Market structure: Overview, industry life cycle analysis, supply chain analysis
· COVID-19 Impact Assessment
· Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
· Market trend and forecast analysis
· Market segment trend and forecast
· Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
· Attractive market segments and associated growth opportunities
· Emerging trends
· Strategic growth opportunities for the existing and new players
· Key success factors
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