Global Remote Weapon Systems Market 2023-2030

Global Remote Weapon Systems Market 2023-2030

Global Remote Weapon Systems Market Size, Share & Trends Analysis Report by Technology (Single Stage and Double Stage), by Absorber Type (Lithium Bromide and Ammonia), by Power Source (Direct Fired, Indirect Fired, and Water Driven), and by Application (Chemicals, Food & Beverages, Power, Paper & Pulp, power & energy and Others), Forecast Period (2023-2030)

The global remote weapon systems market is anticipated to grow at a CAGR of 6.4% during the forecast period (2023-2030). The growth of the market growth is attributed increasing utilization of unmanned platforms across the globe. Unmanned ground and airborne vehicles are increasingly utilized in a variety of military applications. The aforementioned platforms can perform the tasks they are assigned more efficiently and effectively by integrating remote weapon systems. For instance, in June 2022, General Robotic introduced the latest version of its PITBULL Remote Control Weapons Stations (RCWS). A significant improvement in situational awareness, response rapidly, and firepower is made possible for armored vehicles and unmanned platforms through the Smart-AI PITBULL's enhanced Artificial Intelligence (AI)-driven capabilities. PITBULL is a lightweight RCWS that can be used to install electro-optical sensors for 40mm Automatic Grenade Launched (AGLs), 7.62mm or 12.7mm machine guns, and other payloads.

Segmental Outlook

The global remote weapon systems market is segmented on the component, platform, mobility, and technology. Based on the component, the market is sub-segmented into payload, sensors, human machine interface, fire control station, and others. Based on the platform, the market is sub-segmented into ground, sea, and air. Based on the mobility, the market is sub-segmented into fixed, and moving. Furthermore, on the basis of technology, the market is sub-segmented into remote-controlled gun systems, and close-in weapon systems. The remote-controlled gun systems subcategory is expected to capture a significant portion of the market share within the technology segment. This is attributed to the remote gun control system is a device that regulates firearms and enables a user to fire a weapon from a distance.

The Sea Sub-Segment is Anticipated to Hold a Considerable Share of the Global Remote Weapon Systems Market

Among the applications, the sea sub-segment is expected to hold a considerable share of the global remote weapon systems market. The segmental growth is attributed to the multiple role capabilities. Defense forces are attracted to remote weapon systems that can handle a variety of weapon types as it offer multi-role capabilities, allowing a single system to carry out a number of duties and missions. For instance, in August 2023, N Herstal a new versatile weapon mount for land and sea platforms. It joins an extensive range of high-performing items in the Air, Land, and Sea Weapon Systems catalog .The weapon interface can be changed to accommodate a variety of caliber weapons in a matter of minutes, including 12.7x99mm NATO (.50 Cal) heavy machine guns (FN® M2HB-QCB), 7.62x51mm NATO medium machine guns (FN MAG® 58M/infantry, FN® M240 D, H, and L), and 40mm Automatic Grenade Launchers (MK19 AGL).

Regional Outlook

The global remote weapon systems market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, North America is anticipated to hold a prominent share of the market across the globe, owing to the significant investment in advanced military equipment and a growing weapons industry in the region.

The Asia-Pacific Region is Expected to Grow at a Significant CAGR in the Global Remote Weapon Systems Market

Among all regions, the Asia-Pacific regions is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the possibilities for export. Manufacturers of advanced remote weapon systems, such as loitering munitions, seek markets abroad. Opportunities for export are a major factor in this industry's growth. According to Center For Air Power Studies, in June 2023,India's defense exports have seen a drastic increase over the past nine years, reaching an all-time high of ₹16,000 crores in 2022-23. The government has set a goal to attract ₹1,75,000 crores in investment by 2024-25 for the defense infrastructure. Loitering munitions, which are neither purely missiles nor drones, are cost-effective and can be launched from multiple sources. They can be recalled mid-air and are cheaper than ATGMs. AI helps to save money in the process.

Market Players Outlook

The major companies serving the global remote weapon systems market include Thermax Inc., Johnson Controls International plc, Kirloskar Group, Yazaki Corp., Carrier Global Corp. and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2023, ASELSAN introduced the innovative and game-changing SARP Next Generation (SARP Next Gen). The SARP Next Gen version of ASELSAN's SARP Remote Controlled Weapon Station, the most widely utilized land weapon station in the globe, retains its high hit probability, tracking efficiency, and shoot-on-the-move capability for both stationary and moving targets.

The Report Covers

Market value data analysis of 2022 and forecast to 2030.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global remote weapon systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.