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Middle East and Africa 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: 5359882
  • Report
  • June 2021
  • Region: Middle East, Africa
  • 114 pages
  • The Insight Partners
UP TO OFF
until Sep 30th 2021

FEATURED COMPANIES

  • BAE Systems
  • Elbit System Ltd.
  • Jenoptik AG
  • Leonardo S.P.A
  • Moog Inc.
  • Rheinmetall AG
Land Segment is Expected to be Fastest Growing During the Forecast Period for MEA Region



According to this research study titled “MEA 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$ 373.77 million by 2028 from US$ 243.49 million in 2021. The market is estimated to grow at a CAGR of 6.3% from 2021 to 2028. The report provides trends prevailing in the MEA modular combat turret market along with the drivers and restraints pertaining to the market growth. Technological changes in older or existing fleet is the major factor driving the growth of the MEA modular combat turret market. However, issues associated with reliability and maintenance in modular combat turrets hinders the growth of MEA modular combat turret market.

The MEA modular combat turret market is segmented into type and platform. In terms of type, the MEA 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 MEA modular combat turret market is categorized into land, naval, and airborne. The land segment held a substantial market share in 2020.

The COVID-19 pandemic is expected to have a negative impact on the MEA modular combat turret market in the coming years. Since the outbreak of the pandemic, all manufacturing processes have been negatively impacted to combat the spread of the novel coronavirus and comply with the social distancing norms imposed by local and federal government bodies. These factors disrupted the supply chain of armored vehicles, naval warfare systems, and aircraft or aircraft components across the world, which thereby directly impacted the MEA modular combat turret market. Pertaining to the closure of borders of countries, the supply chain of several components and parts have been disturbed, which has restrained the market growth. The demand for advanced defense equipment and components, such as modular combat turret, for modernizing and strengthening the military vehicles has weakened over the past couple of months. This has resulted in a loss of business among the local and international modular combat turret manufacturers in MEA.

BAE Systems, Curtiss-Wright Corporation, Elbit System Ltd., Jenoptik AG, Leonardo S.P.A, Moog Inc., Otokar Otomotiv ve Savunma Sanayi A.S, and Rheinmetall AG are among the leading companies in the MEA 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, Leonardo S.p.A. had launched Lionfish new family of naval defense turrets. The new product line consists of four models: ultralight, inner reloading, and top of 12.7 mm calibre, and the model 20 of 20 mm calibre.

The report segments the MEA Modular Combat Turret Market as follows:

MEA Modular Combat Turret Market - By Type
  • Manned Turret
  • Unmanned Turret
MEA Modular Combat Turret Market - By Platform
  • Land
  • Naval
  • Airborne
MEA Modular Combat Turret Market - By Country
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of MEA
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • BAE Systems
  • Elbit System Ltd.
  • Jenoptik AG
  • Leonardo S.P.A
  • Moog Inc.
  • Rheinmetall AG
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. MEA 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. MEA Modular Combat Turret-Market Dynamics
5.1 Market Drivers
5.1.1 Armored Combat Vehicles and Main Battle Tanks at High Demand
5.1.2 Rise in Overall Cost and Expenses of Military
5.2 Market Restraints
5.2.1 Modular Combat Turrets Facing Reliability and Maintenance Issues
5.3 Market Opportunities
5.3.1 Unmanned Turrets Getting Popular
5.4 Future Trends
5.4.1 Technological Changes in Older or Existing Fleet
5.5 Impact Analysis of Drivers and Restraints

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

7. MEA Modular Combat Turret Market - By Type
7.1 Overview
7.2 MEA 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. MEA Modular Combat Turret Market Analysis - By Platform
8.1 Overview
8.2 MEA 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. MEA Modular Combat Turret Market - Country Analysis
9.1 Overview
9.1.1 MEA Modular Combat Turret Market Breakdown, By Country
9.1.1.1 Saudi Arabia Modular Combat Turret Market, Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Saudi Arabia Modular Combat Turret Market Breakdown, by Type
9.1.1.1.2 Saudi Arabia Modular Combat Turret Market Breakdown, by Platform
9.1.1.2 UAE Modular Combat Turret Market, Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 UAE Modular Combat Turret Market Breakdown, by Type
9.1.1.2.2 UAE Modular Combat Turret Market Breakdown, by Platform
9.1.1.3 South Africa Modular Combat Turret Market, Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 South Africa Modular Combat Turret Market Breakdown, by Type
9.1.1.3.2 South Africa Modular Combat Turret Market Breakdown, by Platform
9.1.1.4 Rest of MEA Modular Combat Turret Market, Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Rest of MEA Modular Combat Turret Market Breakdown, by Type
9.1.1.4.2 Rest of MEA Modular Combat Turret Market Breakdown, by Platform

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

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 Denel Land Systems
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 Elbit Systems Ltd.
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 Jenoptik AG
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 Leonardo S.p.A.
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 Moog Inc.
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 Otokar Otomotiv ve Savunma Sanayi A.S.
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. MEA Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. MEA Modular Combat Turret Market, Revenue and Forecast to 2028 - By Country (US$ Million)
Table 3. Saudi Arabia Modular Combat Turret Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 4. Saudi Arabia Modular Combat Turret Market, Revenue and Forecast to 2028 - By Platform (US$ Million)
Table 5. UAE Modular Combat Turret Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 6. UAE Modular Combat Turret Market, Revenue and Forecast to 2028 - By Platform (US$ Million)
Table 7. South Africa Modular Combat Turret Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 8. South Africa Modular Combat Turret Market, Revenue and Forecast to 2028 - By Platform (US$ Million)
Table 9. Rest of MEA Modular Combat Turret Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 10. Rest of MEA Modular Combat Turret Market, Revenue and Forecast to 2028 - By Platform (US$ Million)
Table 11. List of Abbreviation

List of Figures
Figure 1. MEA Modular Combat Turret Market Segmentation
Figure 2. MEA Modular Combat Turret Market Segmentation - By Country
Figure 3. MEA 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. Saudi Arabia held Largest Market Share in 2020
Figure 7. Porter’s Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. MEA Modular Combat Turret Market Impact Analysis of Drivers and Restraints
Figure 10. MEA Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. MEA Modular Combat Turret Market Revenue Share, by Type (2020 & 2028)
Figure 12. MEA Manned Turret: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA Unmanned Turret: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Modular Combat Turret Market Revenue Share, by Platform (2020 & 2028)
Figure 15. MEA Land: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. MEA Naval: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Airborne: Modular Combat Turret Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEA Modular Combat Turret Market, by Key Country - Revenue 2020 (US$ Million)
Figure 19. MEA Modular Combat Turret Market Breakdown, By Country, 2020 & 2028 (%)
Figure 20. Saudi Arabia Modular Combat Turret Market, Revenue and Forecast To 2028 (US$ Million)
Figure 21. UAE Modular Combat Turret Market, Revenue and Forecast To 2028 (US$ Million)
Figure 22. South Africa Modular Combat Turret Market, Revenue and Forecast To 2028 (US$ Million)
Figure 23. Rest of MEA Modular Combat Turret Market, Revenue and Forecast To 2028 (US$ Million)
Figure 24. Impact of COVID-19 Pandemic in MEA Country Markets
Note: Product cover images may vary from those shown
  • BAE Systems
  • Curtiss-Wright Corporation
  • Elbit System Ltd.
  • Jenoptik AG
  • Leonardo S.P.A
  • Moog Inc.
  • Otokar Otomotiv ve Savunma Sanayi A.S.
  • Rheinmetall AG
Note: Product cover images may vary from those shown
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