Remote weapon station is type of weapon system that can be used remotely with use of remote controls, sensors, human to machine interface systems, etc. Major factor driving growth of the global remote weapon station market is growing use of remote weapon station in defense sector. However, high development cost of remote weapon stations may affect growth of the target market.
The global remote weapon station market has been segmented on the basis of component, mobility, platform, application, and region. On the basis of component, the market is segmented into sensors, weapons and armaments, and human machine interface (HMI). Sensors segment anticipated to holds major share in terms of revenue and is expected maintain its dominance in the near future, due to increasing use of sensor-based systems for detection and threat identification.
On the basis of mobility, the market is segmented into stationary and moving. On the basis of platform, the market is segmented into land, airborne, and naval. Land segment dominates the global market and is expected to witness significant growth over the forecast period, owing to increasing adoption of remote weapon systems for close combat and warfare scenarios. On the basis of application, the market is segmented into home land security and military.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Market in Europe is expected to dominate the global market in terms of revenue, owing to increasing investment in advancement of weaponry systems. Market in Asia Pacific is expected to witness high growth in terms of revenue in the near future, followed by North America, and Middle East and Africa. Increasing military budget in emerging economies, coupled with rising adoption of new weapon technology in defense sector are factor fueling growth of the target market in Asia Pacific region.
Key players operating in the global remote weapon station market include Kongsberg Gruppen ASA, Raytheon Company, Elbit Systems Ltd., Saab AB, Leonardo S.p.A., Electro Optic Systems, BAE Systems plc, Rheinmetall AG, ASELSAN A.Ş., and FN Herstal, S.A.