Global Remote Weapon Station Market to Reach $26.1 Billion by 2030
The global market for Remote Weapon Station estimated at US$12.1 Billion in the year 2022, is projected to reach a revised size of US$26.1 Billion by 2030, growing at a CAGR of 10% over the analysis period 2022-2030. Land, one of the segments analyzed in the report, is projected to record 10.7% CAGR and reach US$13.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Airborne segment is readjusted to a revised 9.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 9.3% CAGR
The Remote Weapon Station market in the U.S. is estimated at US$3.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2030 trailing a CAGR of 9.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.8% and 8.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR.Select Competitors (Total 14 Featured) -
- Aselsan A.S.
- BAE Systems PLC
- China North Industries Corporation (NORINCO)
- Elbit Systems Ltd.
- Electro Optic Systems Pty Ltd.
- Fn Herstal S.A.
- General Dynamics Corporation
- Imi Systems Ltd.
- Kongsberg Gruppen ASA
- Leonardo SpA
- Moog, Inc.
- Rafael Advanced Defense Systems Ltd.
- Raytheon Company
- Rheinmetall AG
- SAAB AB
- ST Engineering
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- Global competitiveness and key competitor percentage market shares
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aselsan A.S.
- BAE Systems PLC
- China North Industries Corporation (NORINCO)
- Elbit Systems Ltd.
- Electro Optic Systems Pty Ltd.
- Fn Herstal S.A.
- General Dynamics Corporation
- Imi Systems Ltd.
- Kongsberg Gruppen ASA
- Leonardo SpA
- Moog, Inc.
- Rafael Advanced Defense Systems Ltd.
- Raytheon Company
- Rheinmetall AG
- SAAB AB
- ST Engineering
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 232 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 12.1 Billion |
Forecasted Market Value ( USD | $ 26.1 Billion |
Compound Annual Growth Rate | 10.1% |
Regions Covered | Global |