Report Code: A07176 | Pages: NA | Jul 2023 | 1727 Views | ||
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Request Now !The global weapon mount market is expected to witness significant growth in the coming 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 and snipers. Weapon mounts are of two types, which include 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) and revolve. New innovations in the laser weapons also paves the way for the growth of the weapon mounts market as recently DRDO (India) conducted a test of a laser weapon mounted on a truck.
Increase in terrorist activities across the globe, unresolving border issues between countries, such as India & Pakistan, India & China, and North Korea & South Korea, arms race between countries, and disputes between country’s national forces are some of the major factors that drive the global weapon mount market. However, reduction in military budget is expected to hamper the growth of the market. On the contrary, increase in applications of weapon mounts in naval ships (Destroyers, Frigates, Corvettes, and others) are anticipated to provide lucrative opportunities for the key players operating in the global weapon mount market.
In the recent years, terrorist activities have been increased across the globe. For instance, Europe, which was considered as one of the peaceful and safest places on earth, has witnessed series of blasts in 2017. In addition, countries such as Yemen, Syria, Afghanistan are on the urge of civil war and foreign forces have been deployed in these countries, which results into increase in military activities. Such increase in the terrorist activities is expected to create demand for weapon mounts; thereby, driving the growth of the market.
There are still many countries across the globe which have unresolved border issues with their neighboring countries such as Russia-Ukraine over Crimea, India-Pakistan over POK, India-China over Tibet and Arunachal, China with Brunei, Indonesia, Vietnam over South China sea. These conflicts encourage countries to increase their arms inventory more and more. Therefore, there exists high potential growth for global weapon mounts due to such unresolved border issues.
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Questions answered in the global weapon mount market research report:
Weapon Mounts Market Report Highlights
Aspects | Details |
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By Mount Type |
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By Platform |
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By Mode of operation |
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By Region |
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Key Market Players | KONGSBERG, Raytheon Technologies Corporation, Elbit Systems Ltd, Saab AB, BAE Systems, AEI Systems Ltd, CAPCO LLC, ISTEC SERVICES LTD, FN HERSTAL, DILLON AERO |
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