+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

North America Modular Combat Turret Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Manned Turret and Unmanned Turret) and Platform (Land, Naval, and Airborne)

  • ID: 5359880
  • Report
  • June 2021
  • Region: North America
  • 112 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • BAE Systems
  • Control Solution LLC
  • Elbit System Ltd.
  • Jenoptik AG
  • Leonardo S.P.A
  • Moog Inc.
Manned Turret Segment to Dominate North America Modular Combat Turret Market during 2020-2028



According to this research study titled “North America Modular Combat Turret Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Platform,” the market is expected to reach US$ 1,710.87 million by 2028 from US$ 1,037.98 million in 2021. The market is estimated to grow at a CAGR of 7.4% from 2021 to 2028. The report provides trends prevailing in the North America modular combat turret market along with the drivers and restraints pertaining to the market growth. Rising need for main battle tanks and armored combat vehicles is the major factor driving the growth of the North America modular combat turret market. However, issues associated with reliability and maintenance in modular combat turrets hinders the growth of North America modular combat turret market.

The North America modular combat turret market is segmented into type and platform. In terms of type, the North America modular combat turret market is bifurcated into manned turret and unmanned turret. The manned turret segment held a substantial market share in 2020. Based on platform, the North America modular combat turret market is categorized into land, naval, and airborne. The land segment held a substantial market share in 2020.

The ongoing COVID-19 outbreak is having a very devastating impact over North America. The US is the worst-hit country in the region, with thousands of infected individuals facing severe health conditions across the country. The US is the highest military spender across the globe and has a substantial number of defense contractors across its borders. On the contrary, the continuous growth of COVID-19 infected individuals has led the government to impose lockdown across the nation’s borders. Most of the manufacturing plants are either temporarily shut or operating with minimum staff. Also, the supply chain of equipment and related components is disrupted. In addition, the demand for defense equipment is reduced since the outbreak in the country. The supply side shocks are some of the most noticeable effects of the pandemic’s impact on the defense sector. The US have a substantial number of modular combat turret manufacturers. However, the emergence of pandemic has resulted in slower than usual growth in the procurement of new turrets. Due to supply chain delays and disruption caused, the procurement and distribution channel of modular combat turret got impacted. On the contrary, a few companies, such as Moog Inc., experienced a slight deviation in the defense business.

BAE Systems, Control Solution LLC, Curtiss-Wright Corporation, Elbit System Ltd., Jenoptik AG, Leonardo S.P.A, Moog Inc., and Rheinmetall AG are among the leading companies in the North America modular combat turret market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Moog Inc. is planning to offer a lighter version of its reconfigurable integrated-weapons platform (RIwP) to the US Marine Corp after its initial offering was deemed too heavy for the Joint Light Tactical Vehicle (JLTV).

The report segments the North America Modular Combat Turret Market as follows:

North America Modular Combat Turret Market - By Type
  • Manned Turret
  • Unmanned Turret
North America Modular Combat Turret Market - By Platform
  • Land
  • Naval
  • Airborne
North America Modular Combat Turret Market - By Country
  • US
  • Canada
  • Mexico
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • BAE Systems
  • Control Solution LLC
  • Elbit System Ltd.
  • Jenoptik AG
  • Leonardo S.P.A
  • Moog Inc.
1. Introduction
1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. North America Modular Combat Turret Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. North America Modular Combat Turret-Market Dynamics
5.1 Market Drivers
5.1.1 Rising Need for Main Battle Tanks and Armored Combat Vehicles
5.1.2 Surging Military Expenditure
5.2 Market Restraints
5.2.1 Reliability and Maintenance Related Problems in Modular Combat Turrets
5.3 Market Opportunities
5.3.1 Growing Demand for Unmanned Turrets
5.4 Impact Analysis of Drivers and Restraints

6. Modular Combat Turret Market - North America Analysis
6.1 North America Modular Combat Turret Market Overview
6.1.1 North America Modular Combat Turret Market, Revenue and Forecast to 2028 (US$ Million)

7. North America Modular Combat Turret Market - By Type
7.1 Overview
7.2 North America Modular Combat Turret Market, by Type (2020 & 2028)
7.3 Manned Turret
7.3.1 Overview
7.3.2 Manned Turret: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Unmanned Turret
7.4.1 Overview
7.4.2 Unmanned Turret: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)

8. North America Modular Combat Turret Market Analysis By Platform
8.1 Overview
8.2 North America Modular Combat Turret Market, By Platform (2020 & 2028)
8.3 Land
8.3.1 Overview
8.3.2 Land: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Naval
8.4.1 Overview
8.4.2 Naval: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Airborne
8.5.1 Overview
8.5.2 Airborne: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)

9. North America Modular Combat Turret Market - Country Analysis
9.1 Overview
9.1.1 North America Modular Combat Turret Market Breakdown, by Country
9.1.1.1 US Modular Combat Turret Market, Revenue and Forecast to 2028
9.1.1.1.1 US Modular Combat Turret Market Breakdown, by Type
9.1.1.1.2 US Modular Combat Turret Market Breakdown, by Platform
9.1.1.2 Canada Modular Combat Turret Market, Revenue and Forecast to 2028
9.1.1.2.1 Canada Modular Combat Turret Market Breakdown, by Type
9.1.1.2.2 Canada Modular Combat Turret Market Breakdown, by Platform
9.1.1.3 Mexico Modular Combat Turret Market, Revenue and Forecast to 2028
9.1.1.3.1 Mexico Modular Combat Turret Market Breakdown, by Type
9.1.1.3.2 Mexico Modular Combat Turret Market Breakdown, by Platform

10. Impact of COVID-19 Pandemic on North America Modular Combat Turret Market
10.1 North America

11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development

12. Company Profile
12.1 BAE Systems plc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Control Solutions LLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Curtiss-Wright Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Elbit Systems Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Jenoptik AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Leonardo S.p.A.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Moog Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Rheinmetall AG
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Word Index

List of Tables
Table 1. North America Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Modular Combat Turret Market, by Country - Revenue and Forecast to 2028 (USD Million)
Table 3. US Modular Combat Turret Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 4. US Modular Combat Turret Market, by Platform - Revenue and Forecast to 2028 (USD Million)
Table 5. Canada Modular Combat Turret Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 6. Canada Modular Combat Turret Market, by Platform - Revenue and Forecast to 2028 (USD Million)
Table 7. Mexico Modular Combat Turret Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 8. Mexico Modular Combat Turret Market, by Platform - Revenue and Forecast to 2028 (USD Million)
Table 9. List of Abbreviation

List of Figures
Figure 1. North America Modular Combat Turret Market Segmentation
Figure 2. North America Modular Combat Turret Market Segmentation - By Country
Figure 3. North America Modular Combat Turret Market Overview
Figure 4. Manned Turret Segment is Expected to Dominate the Market by Type
Figure 5. Land Segment held Largest Market Share in 2020
Figure 6. US held Largest Market Share in 2020
Figure 7. Porter’s Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. North America Modular Combat Turret Market Impact Analysis of Drivers and Restraints
Figure 10. North America Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. North America Modular Combat Turret Market Revenue Share, by Type (2020 & 2028)
Figure 12. North America Manned Turret: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Unmanned Turret: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Modular Combat Turret Market Revenue Share, by Platform (2020 & 2028)
Figure 15. North America Land: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Naval: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Airborne: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Modular Combat Turret Market, by Key Country-Revenue 2020 (US$ Million)
Figure 19. North America Modular Combat Turret Market Breakdown, by Country, 2020 & 2028 (%)
Figure 20. US Modular Combat Turret Market, Revenue and Forecast, 2018-2028 (US$ Million)
Figure 21. Canada Modular Combat Turret Market, Revenue and Forecast, 2018-2028 (US$ Million)
Figure 22. Mexico Modular Combat Turret Market, Revenue and Forecast, 2018-2028 (US$ Million)
Figure 23. Impact of COVID-19 Pandemic in North America Country Markets
Note: Product cover images may vary from those shown
  • BAE Systems
  • Control Solution LLC
  • Curtiss-Wright Corporation
  • Elbit System Ltd.
  • Jenoptik AG
  • Leonardo S.P.A
  • Moog Inc.
  • Rheinmetall AG
Note: Product cover images may vary from those shown
Adroll
adroll