Air-based Remote Weapon Stations Market Share

Market Share of Air-based Remote Weapon Stations Industry

The air-based remote weapon stations market is consolidated, with a few players holding significant shares in the market. Some prominent players in the market are Elbit Systems Ltd, Rafael Advanced Defense Systems Ltd, Leonardo S.p.A, General Dynamics Corporation, and BAE Systems plc.

Remote weapon systems (RWS) manufacturers invest heavily in developing RWS to increase their product portfolio. Integrating advanced sensor systems and optronic equipment is anticipated to help the companies expand their geographical presence in emerging markets. Also, the regional players in the market are collaborating with international players with technology transfer agreements for developing indigenous capabilities. Furthermore, strategic collaborations between manufacturers are on the rise to develop sophisticated systems that conform to end-user defense forces' design and performance specifications. This is expected to benefit industry stakeholders during the forecast period.

Air-based Remote Weapon Stations Market Leaders

1. BAE Systems plc

2. Elbit Systems Ltd.

3. General Dynamics Corporation

4. Leonardo S.p.A.

5. Rafael Advanced Defense Systems Ltd.

*Disclaimer: Major Players sorted in no particular order