Report : Europe Weapon Mounts Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Mount Type (Static Mount, Non-Static Mount); Platform (Ground, Naval, Airborne); Mode of Operation (Manned, Remotely Operated) and Country
Static Mount Type Segment to Dominate Europe Weapon Mounts Market during 2020–2027
According to a new market research study on “Europe Weapon Mounts Marketto 2027 – Regional Analysis and Forecast by Mounting Mount Type, Platform and Mode of Operation”is expected to reach US$ 364.7Mn by 2027 from US$ 207.7Mn in 2019. The market is estimated to grow at a CAGR of 9.46% from 2020 to 2027. The report provides trends prevailing in the Europeweapon mounts marketalong with the drivers and restraints pertaining to the market growth.The rapid change in modern warfare has been urging the governments to allocate higher amounts towards respective military forces. The military budget allocation enables the military forces to engage themselves in the development of robust indigenous technologies, procuring advanced weapons, armaments, vehicles, and other equipment from international manufacturers. The solider and military vehicle modernization practices are peaking in the current scenario among most of the military forces in order to keep the personnel and vehicles mission-ready. With an objective to modernize soldiers and vehicles, the defense ministries across the globe are investing substantial amounts in newer technologies, including contemporary weapon mounts.
The military forces across Europe are continuously seeking advanced solutions for ground vehicles, naval vessels, and airborne vehicles. Among the leading technologies or systems, the military troops are eyeing, weapon mounts are one of the crucial systems. This majorly pertains to the demand for modernizing the forces with robust weaponry and other systems. Russia launched Russian State Armament Program (SAP) for 2018-2027. This memo reviews publicly obtainable information with respect to the types of armaments that are expected to be procured for the Russian military in the next 8 years and evaluates the likelihood that the Russian government would be capable to meet these commitments. On the basis of these plans, Russia seems primed to stay ahead of its competitors in some capabilities (electronic warfare, anti-ship missiles, air defenses), narrow the gap in fields such as precision-guided munitions and drones, and continue to lag well behind in a few fields such as surface ships and automated control systems. Thus, significant initiative by these countries towards strengthening military force world further demand for advanced mounting solutions to deploy heavy weapons on the forces like aircrafts, ships, armored vehicles and others. Thus, letting the market vendors to experience significant demand for their products in the combats.
Europe Weapon Mounts Market, By Country, 2019 and 2027 (%)
The report segments the Europe Weapon Mounts market as follows:
Weapon Mounts Market – By Mount Type
· Static Mount
· Non-Static Mount
Weapon Mounts Market – By Platform
- Ground
- Vehicle-Mounted
- Fixed Installation
- Dismounted Soldiers
- Naval
- Aircraft Carriers
- Destroyers
- Frigates
- Corvettes
- Offshore Patrol Vessels
- Airborne
- Combat Aircraft
- Attack Helicopters
- Special Mission Aircraft
Weapon Mounts Market – By Mode of Operation
- Manned
- Remotely Operated
Weapon Mounts Market- By Region
· Europe
o Germany
o France
o Italy
o United Kingdom
o Russia
o Rest of Europe