Remote Weapon Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Remote Weapon Systems Market is segmented by Platform (Land, Marine, and Airborne) and Geography.

Remote Weapon Systems Market Snapshot

Remote Weapon Systems Market Growth
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Latin America
Largest Market: North America
CAGR: 12.48 %

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Market Overview

The remote weapon systems market is projected to register a CAGR of 12.48% during the forecast period.

  • The use of remote weapon stations has grown over the recent past, particularly driven by the growth in asymmetric warfare. Non-state actors have started employing the techniques and tactics of asymmetric warfare, and conventional forces require new capabilities to become successful in modern combat situations and post-conflict scenarios. In this regard, the use of remote weapon systems is becoming widespread in several anti-terrorist and counter-insurgency operations.
  • There have been several advancements in RWS and unmanned turrets in recent years, ranging from the protection of the systems and lethality to the support to larger calibers. Such developments are expected to help the growth in the procurement of new weapon systems and upgrades of the existing platforms in the years to come.
  • Though RWS acts as a viable option for providing defensive firepower to the armed forces, there are certain installation and operational challenges that are influencing the global militaries to prefer manned turrets over the remote weapons. However, addressing some of these design issues is not expected to be a tedious task, especially with the amount of research that is being done on the remote weapon systems market.

Scope of the Report

A remote weapon system (RWS), also known as a remote-controlled weapon station (RCWS) or remote weapon station (RWS), is a remotely operated firearm system, equipped with firing and related control systems. The RWS that are both stationary and installed on ground combat vehicles and sea- and air-based combat platforms are included in the study.

Platform
Land
Land Vehicles
Stationary Structures
Marine
Airborne
Geography
North America
Europe
Asia-Pacific
Latin America
Middle-East and Africa

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Key Market Trends

The Land Segment is Projected to Register the Highest CAGR During the Forecast Period

As of 2019, the airborne segment had the largest share in the RWS market. While many countries have dedicated attack helicopters that possess a wide range of armaments, including the RWS, the weapon systems are also attached to utility and transport helicopters. Customization of aircraft to include the RWS as a retrofit is being widely adopted by the countries that lack the funds for procuring dedicated attack helicopters, making the segment grab the highest market share currently. However, the land segment is projected to register the highest CAGR during the forecast period. The land segment encompasses the RWS that is stationary and mounted on land vehicles. The increase in attacks on the military bases and outposts in the recent past has increased the demand for remotely operated stationary weapon stations for protecting the vulnerable areas. Stationary RWS, especially sentry guns, are also being used to guard the borders of some countries. In addition, the growth in the procurement of armored vehicles and unmanned ground vehicles has necessitated the demand for the RWS installed on these ground vehicles. With the increasing adoption of unmanned land vehicles, high adoption of these systems is expected during the forecast period. All these factors are contributing to the growth of the land segment currently.

remote weapon systems Market

North America Held the Highest Market Share in 2019

The United States and Canada are avid users of remote weapon systems in North America. They are currently focusing on upgrading their existing vehicle fleet and their corresponding capabilities. The United States’ FY2020 defense budget prioritizes modernization of military systems to compete with China and Russia on the global front while emphasizing on day-to-day operations for ongoing conflicts, crisis response, and allied engagement. As per the provisions of the 2020 defense budget, the defense contractors are anticipated to pursue the production of existing remote weapon systems, while conducting extensive R&D for future systems. The need for upgrading the capabilities of the existing fleet to counter emerging threats has resulted in a flurry of contracts being awarded to cater to the diversified needs of the armed forces. For instance, in September 2019, Kongsberg Defence & Aerospace, a part of Kongsberg Gruppen ASA (KONGSBERG), was awarded a USD 48 million contract for manufacturing and supplying remote weapon systems, under the US Army’s Common Remotely Operated Weapon Station (CROWS) program. Such procurement programs, along with other upgrade programs, are anticipated to be initiated in the upcoming period and are envisioned to enhance the business prospects of the North American remote weapon systems market during the forecast period.

remote weapon systems market

Competitive Landscape

The remote weapon systems market is fragmented due to the presence of many global as well as regional defense manufacturers and suppliers that cater to the requirements of remote weapon systems of armed forces around the world. About 13 players in the market account for approximately 50% of the market share. Thales Group, BAE Systems PLC, Rheinmetall AG, Leonardo SpA, and ASELSAN AS are the dominant players in the market. Some of the other prominent players in the local and regional markets are China Ordnance Industries Group Corporation Limited, Rostec State Corporation, L3Harris Technologies Inc., Israel Aerospace Industries, Patria, and KMW+Nexter Defense Systems, among others. With the growing demand for remote-control weapon systems, the innovation of new systems with advanced sensor systems and optronic equipment in fire control systems to target, track, and hit the target is anticipated to increase, thereby helping the companies expand their geographical presence in the emerging markets. The collaboration of local players and global players to develop remote-control weapon stations for the respective militaries through technology transfer is anticipated to strengthen the capabilities of local players, and in the long term, support the local manufacturing industry of those regions.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Challenges

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Platform

      1. 5.1.1 Land

        1. 5.1.1.1 Land Vehicles

        2. 5.1.1.2 Stationary Structures

      2. 5.1.2 Marine

      3. 5.1.3 Airborne

    2. 5.2 Geography

      1. 5.2.1 North America

      2. 5.2.2 Europe

      3. 5.2.3 Asia-Pacific

      4. 5.2.4 Latin America

      5. 5.2.5 Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Kongsberg Gruppen ASA

      2. 6.2.2 Elbit Systems Ltd

      3. 6.2.3 Rafael Advanced Defense Systems Ltd

      4. 6.2.4 Raytheon Company

      5. 6.2.5 Saab AB

      6. 6.2.6 Leonardo SpA

      7. 6.2.7 Electro Optic Systems Pty Ltd

      8. 6.2.8 ASELSAN AS

      9. 6.2.9 General Dynamics Corporation

      10. 6.2.10 BAE Systems PLC

      11. 6.2.11 China Ordnance Industries Group Corporation Limited

      12. 6.2.12 Thales Group

      13. 6.2.13 Rostec State Corporation

      14. 6.2.14 FN Herstal

      15. 6.2.15 Rheinetall AG

      16. 6.2.16 Hanwha Corp

      17. 6.2.17 Singapore Technologies Engineering Ltd

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Remote Weapon Systems Market market is studied from 2018 - 2026.

The Remote Weapon Systems Market is growing at a CAGR of 12.48% over the next 5 years.

Latin America is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Thales Group, BAE Systems PLC, Rheinmetall AG, Leonardo SpA, ASELSAN AS are the major companies operating in Remote Weapon Systems Market.

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