The remote weapon station market is projected to grow from USD 6.6 billion in 2022 to USD 7.5 billion by 2027 at a CAGR of 2.8% from 2022 to 2027

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The market for remote weapon stations is fuelled by a number of variables, including the development in asymmetric warfare, the frequency of wars, and the military’s use of offensive weapons in tactical operations.

New York, Feb. 08, 2023 (GLOBE NEWSWIRE) -- announces the release of the report "Remote Weapon Station Market by Application, Platform, Weapon Type, Mobility, Technology, Component and Region - Global Forecast to 2027" -
The complexity of integrating a remote weapon station with a variety of platforms, for example, could have a significant negative impact on the remote weapon station market’s growth in the upcoming years.

Based on technology, the Common Remotely Operated Weapon Station segment is expected to grow at the highest CAGR during the forecast period
The remote weapon station market has been divided into close-in weapon systems, remote operated gun systems, based on technology.The remote weapon station market’s Common Remotely Operated Weapon Station system segment is anticipated to experience the greatest CAGR growth over the course of the forecast period.

Increased global research and development efforts for the creation of cutting-edge technologies, improved weapon system reliability, and unmanned operations are to blame for the expansion of the Common Remotely Operated Weapon Station market.

Between 2022 and 2027, the remote weapon station market is expected to be dominated by the Europe market.
During the forecast period, Europe is anticipated to dominate the remote weapon station market.The market for remote weapon stations is anticipated to grow at a faster rate in the Asia Pacific area than in Europe, which is expected to hold the top spot.

The remote weapon station’s main markets in Europe include the UK, France, Russia, Italy, and Germany. The market’s expansion in European nations is primarily due to technological advancements, an increase in armed conflicts and the war against terrorism, as well as recent geopolitical events that Russia has sparked, which have prompted many Eastern European nations to improve their defense capabilities.

Break-up of profile of primary participants of the remote weapon station market
• By Company Type - Tier 1 – 35 %, Tier 2 – 45% and Tier 3 – 20%
• By Designation – C level – 35%, Director level – 25%, Others – 40%
• By Region – North America - 25%, Europe – 15%, APAC – 45%, RoW – 15%

Major companies profiled in the report are Elbit Systems (Israel), Kongsberg (Norway), Raytheon Technology Corporation (US), Saab AB (Sweden), Leonardo S.p.A. (Italy), Electro Optic Systems (Australia), Aselsan A.S. (Turkey), MOOG Inc. (US), Rafael Advanced Defense Systems (Israel), FN Herstal (Belgium), and Rheinmetall AG (Germany), among others.

Research Coverage:
This report presents a complete analysis of the remote weapon station market during the forecast period. The remote weapon station market has been broadly classified on the basis of application (military, homeland security), platform (land, airborne, naval), component (Stabilization Unit, Control System, sensors, human machine interface, weapons & armaments), weapon type (lethal, non-lethal), mobility (stationary, moving), technology (close-in weapon systems, Common Remotely Operated Weapon Station (CROWS)), and region.

Reasons to buy the report:
From an insight perspective, this research report has focused on various levels of analyses —industry analysis (industry trends and technology trend), market rank analysis of top players, and company profiles, which together comprise and discuss basic views on the competitive landscape, emerging, and high-growth segments of the remote weapon station market, high-growth regions and countries, and their respective regulatory policies, government initiatives, and market drivers, restraints, and opportunities.

The report provides insights into the following pointers:
• Market Penetration: Comprehensive information on remote weapon stations offered by the top 15 players in the remote weapon station market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the remote weapon station market
• Market Development: Comprehensive information about lucrative markets - the report analyses markets for remote weapon stations across regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the remote weapon station market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the remote weapon station market
• Recession Impact Analysis: The latest version includes the impact of the recession and current scenario at regional level was considered in this overall remote weapon station market study.
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