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The global weapon mount market will grow significantly in upcoming years, owing to increase in demand due to modernization plans of countries for their forces. Weapon mount is an assembly which is used to hold a weapon such as guns, snipers, etc. Weapon mounts are of two types, which are static mount and non-static mount. Static mount is either directly mounted on the ground or fitted with the vehicle, whereas non-static weapon mount is portable, that is, it can change its position (axis), revolve etc. New innovations in the laser weapons also paves the way for the growth of weapon mounts market as recently DRDO (India) conducted a test of a laser weapon mounted on a truck.
COVID-19 Scenario analysis:
Increase in terrorist activities across the globe, unresolving border issues between, ongoing military modernization programs, increase in procurement of automatic rifles, and rise in demand for remote weapon stations are some of the major factors that drive the global ground weapon mounts market. However, reduction in military budget is expected to hamper the growth of market. Contrarily, rise in procurement of armoured vehicles and development of highly stabilized mounts for remotely operated weapon systems are opportunistic for the growth of global ground weapon mounts market in the future.
Procurement of armoured vehicles have been rising across the globe. For instance, in December 2019, India announced its plans to procure 198 armoured vehicles for the reconnaissance role. Additionally, countries are also upgrading their existing fleet of armoured vehicles. Hence, the demand of such equipment is expected to rise in the future and thereby will further contribute in the growth of ground weapon mounts market.
Automatic rifles are capable of selective fire, which means automatic rifles can be operated in a semi-automatic, burst mode, and in fully automatic mode. Such capabilities of automatic rifles has resulted in increase in demand of automatic rifles across the defence forces of the world. Therefore, the procurement of automatic rifles has been increasing. For instance, in February 2019, India has signed the deal with USA for procurement of 72400 automatic rifles. Hence, increase in procurement of automatic rifles is driving the growth of ground weapon mounts market.
Key benefits of the report:
Questions answered in the ground weapon mount market research report:
Ground Weapon Mounts Market Report Highlights
Aspects | Details |
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By Type |
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By Platform |
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By Mode of operation |
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By Weapon Compatibility |
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By Region |
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Key Market Players | CAPCO LLC, AEI Systems Ltd, KONGSBERG, FN HERSTAL, DILLON AERO., Saab AB, BAE Systems, ISTEC SERVICES LTD, Raytheon Technologies Corporation, Elbit Systems Ltd |
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