Market Size of Remote Weapon Systems Industry
| Study Period | 2024 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 9.40 % |
| Fastest Growing Market | Latin America |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Remote Weapon Systems Market Analysis
The Remote Weapon Systems (RWS) Market is valued at USD 9.85 billion in 2023 and is expected to reach USD 15.43 billion in 2028, registering a CAGR of 9.4% during the forecast period (2023-2028).
The use of RWS grew over the recent past, particularly driven by the growth in asymmetric warfare. Non-state actors started employing the techniques and tactics of asymmetric warfare. 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 were several advancements in RWS and unmanned turrets in recent years, ranging from the protection of the systems and lethality to the support of 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, certain installation and operational challenges are influencing the global militaries to prefer manned turrets over remote weapons. However, it is expected that these operational limitations will be addressed in the future through the extensive R&D being conducted towards the integration of advanced technologies into the RWS.
