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Weapons Carriage & Release System Market by Weapon Type (Bombs, Torpedoes, Missiles and Rocket), Platform (Combat Support Aircraft, Fighter Aircraft, Helicopters and UAVs), System Component (Carriage System and Release System), and End User (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020–2027

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Sep 2020 | 153 Views
 
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The global weapons carriage & release system market is experiencing a significant growth, due to growing use of variety of missiles and bombs. Weapons carriage & release system is used by aircrafts to deliver payload effectively & safely. Moreover, weapon carriage & release system has ejection control unit that enables the operator to control, guide, and communicate with the smart and precision guidance payloads. Further, weapons carriage & release system uses a variety of components such as rail launchers, adapters, racks, and pylons to carry and deliver payload precisely. Additionally, developments are being made in weapons carriage & release system to keep up with the emerging weapon systems.

 

Market scope and structure analysis:

                        Report Metric

                                                    Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

Weapon Type, Platform, System Component, End User, and Region

  Regions covered

North America (The U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

Cobham plc, Moof Inc., RAFAUT, Ultra Electronics, Harris Corporation, Marotta Controls, Marvin Group, ALKAN, Raytheon Company, and RUAG Group.


COVID-19 scenario analysis: 

Government have initiated lockdown to control the COVID-19 outbreak which is hampering the manufacturing process of weapons carriage & release system manufacturers. 

The weapons carriage & release system companies are facing workforce shortage due to lack of site access and travel restrictions imposed by authorities to slow the spread of COVID-19. Moreover, companies relying on international workforce are unable to carry out product development & testing.

COVID-19 pandemic has forced manufacturers to delay on-going projects due to supply chain disruption, hence the market is witnessing lack of components for product manufacturing.

The production and development of aircrafts has also been put on standstill in the wake of COVID-19 disease to comply with government initiatives to slow down the spread of disease.

Top impacting factors: market scenario analysis, trends, drivers and impact analysis

Surge in usage of variety of weapons, demand for pneumatic release systems, and rise in adoption of new airborne platforms are the factors that drive the global weapons carriage & release system market. However, decreasing defense budget due to economic slowdown and incompatibility among competitor’s weapon system and aircraft hinder the market growth. Contrarily, increase in use of different types of missile and development of new range of missiles such as beyond the visual range missile and anti-radiation missiles present new pathways in the industry.

The global weapons carriage & release system market trends are as follows:

Demand for pneumatic release system

Pneumatic system controls and transmits energy stored in the form of compressed air. Pneumatic weapon release system provides continuous high pressure air supply to accurate & precise weapon separation. In addition, it applies a high ejection force to allow weapon release even at high altitude and high aircraft velocity. Moreover, unlike pyrotechnic release mechanism that requires explosive kinetic energy, pneumatic release system is cost effective and reusable. Hence the demand for pneumatic release system is expected to drive the global weapon carriage & release system market.

Rise in adoption of new airborne platforms

Introduction of 5th generation of combat aircraft has instigated the development of compatible weapons carriage and release system for modern aircrafts. In addition, procurement of unmanned aerial combat vehicle (UACV) has created the need for new weapons carriage & release system to mount and deliver new range of missiles. Moreover, long range bomber crafts, attack helicopters, and stealth aircraft requires specialized weapon carriage & release system. Such increasing inventory of new aerial platforms is expected to boost the global weapon carriage & release system.

Key segments covered:

                  Segments

                                   Sub-segments

  Weapon Type

  • Bombs
  • Torpedoes
  • Missiles
  • Rocket

  Platform

  • Combat Support Aircraft
  • Fighter Aircraft
  • Helicopters
  • UAVs

  System Component

  • Carriage System
  • Release System

  End User

  • OEM
  • Aftermarket

 

Key benefits of the report:

  • This study presents the analytical depiction of the global weapons carriage & release system industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global weapons carriage & release system market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global weapons carriage & release system market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global weapons carriage & release system market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the weapons carriage & release system market research report:

  • Which are the leading market players active in the weapons carriage & release system market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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