Weapon Mounts Market Size, Trends and Growth Analysis by 2027

The global weapon mounts market was valued at approximately US$ 1,026.0 billion in 2019 and is anticipated to grow to US$ 1,727.0 billion by 2027, reflecting a compound annual growth rate (CAGR) of 8.8% from 2020 to 2027.

Several factors are driving the growth of the weapon mounts market, including the rising demand for remote weapon stations and increased military spending. Additionally, the growing adoption of armored vehicles is expected to further propel market expansion during the forecast period. However, challenges such as stability concerns and the substantial weight of soldier-portable mounts may impede market growth.

The rise in asymmetric warfare is compelling military forces to seek systems that offer enhanced mobility and ease of use. Consequently, there is a notable increase in the demand for armored personnel carriers (APCs) and light armored vehicles (LAVs). The military's need for improved maneuverability, coupled with escalating defense budgets, has led to a heightened interest in armored vehicles. These vehicles are particularly valued for their ability to address cross-border conflicts effectively.

Manufacturers of armored vehicles are increasingly integrating advanced technologies into their designs, including sensors, countermeasure systems, command and control systems (C2), weapon mounts, and fire control systems. Given that armored vehicles can accommodate various weaponry such as machine guns and rocket launchers, the demand for weapon mounts specifically designed for these vehicles is experiencing significant growth, thereby supporting the overall expansion of the weapon mounts market.

The weapon mounts market can be categorized based on several criteria: mount type, platform, mode of operation, and geographical region. In terms of mount type, the market is divided into static mounts and non-static mounts. As of 2019, the non-static mount segment dominated the global market share.

When considering the platform, the market is segmented into ground, naval, and airborne categories. The naval segment is projected to be the fastest-growing category throughout the forecast period. Regarding the mode of operation, the market is divided into manned and remotely operated systems. The manned segment accounted for a significant share in 2019, while the remotely operated segment is expected to experience the highest growth rate during the forecast period.

Geographically, the weapon mounts market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and South America (SAM). North America held the largest market share in 2019 and is projected to maintain its leading position through 2027.

The overall size of the weapon mounts market has been determined through a combination of primary and secondary research methods. The research process began with extensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data relevant to the market. This approach also aimed to provide an overview and forecast of the weapon mounts market across all segments.

Furthermore, primary interviews were conducted with industry participants and experts to validate the data and gain deeper analytical insights. Participants in this process included industry professionals such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the weapon mounts sector.

Some of the prominent players in the global weapon mounts market include AEI Systems Ltd, CRSystems Inc., Engine Engineering Company, FN HERSTAL, Troy Products, Leonardo, ISTEC SERVICES LTD, Military Systems Group, Inc., TMIL-systems, and WE Platt.