Weapons Carriage and Release Systems - Global Strategic Business Report

Global Weapons Carriage and Release Systems Market to Reach $727.8 Million by 2030

The global market for Weapons Carriage and Release Systems estimated at US$487.4 Million in the year 2022, is projected to reach a revised size of US$727.8 Million by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030. Fighter Aircrafts, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach US$256.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Combat Support Aircrafts segment is readjusted to a revised 5.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $132.8 Million, While China is Forecast to Grow at 8.7% CAGR

The Weapons Carriage and Release Systems market in the U.S. is estimated at US$132.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$159.9 Million by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.

Select Competitors (Total 78 Featured) -

• Alkan
• Cobham PLC
• Ferra Engineering Pty LTD
• Harris Corporation
• Marotta Controls
• Marvin Group
• Moog, Inc.
• Rafaut Group
• Raytheon Company
• Ruag Group

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• Global competitiveness and key competitor percentage market shares
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