Market Overview:
The Global Weapons Carriage and Release System Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for advanced weapons carriage and release systems in the military sector across the globe. Based on type, the global weapons carriage and release system market is segmented into torpedoes, rockets, missiles, and bombs. The missiles segment is expected to grow at a highest CAGR during the forecast period owing to its increasing demand for precision-strike capabilities in modern warfare scenarios. Based on application, the global weapons carriage and release system market is segmented into navy, air force, and other applications such as land forces & artillery systems. The navy application segment dominates the global market with a majority share due its increased procurement of advanced warships equipped with sophisticated weapon launch systems across different regions worldwide.
Product Definition:
The Weapons Carriage and Release System is a mechanism that allows military aircraft to carry and release weapons in combat. The system is important because it allows aircraft to deliver weapons quickly and accurately against enemy targets.
Torpedoes:
The global Torpedoes, it's usage and growth factor in Weapons Carriage and Release System market size was valued at USD 4.5 billion in 2016. The increasing demand for the latest technology integrated systems with improved efficiency is expected to drive the market over the forecast period. Torpedoes are missiles that are launched from a warship or an aircraft; they travel underwater or along the surface of water to attack enemy ships at sea by launching a warhead containing an explosive charge.
Rockets:
Rockets and it's usage in Weapons Carriage and Release System market is a technology that enables to fire missiles from vehicles with outriggers. The rockets are equipped with multiple warheads which can be fired at different targets. It’s used in various types of weapons such as self-propelled guns, mounted guns, tank destroyers, armored carriers, howitzers etc.
The global Rockets & it's usage in Weapons Carriage.
Application Insights:
The other application segment includes defense agencies of countries other than the U.S. and Russia, which use guided missiles for their military purposes. The major defense agencies that use guided missiles are China, Israel, India and France among others.
The navy was the largest application segment in 2017 with a revenue share of over 40%. Carriage and release systems are used by surface ships to launch torpedoes, rockets and missiles while defending themselves against enemy attacks or during an attack on another ship or aircraft carrier.
Navy vessels carry one or more weapons depending upon its type; however torpedo is considered to be a short-range weapon as compared to guns which have a longer range but require high crew concentration while operating them due to their proximity towards the target area (within 100 meters).
Regional Analysis:
The market in North America was valued at USD X billion in 2017 and is expected to grow over the forecast period owing to increasing defense budget by the U.S., Canada, and Mexico are also contributing towards growth of this regional segment. The presence of major players such as General Dynamics; Lockheed Martin Corporation; Raytheon Technologies Corporation; BAE Systems plc.; Thales Group PLC.; Boeing Company LLC.; and Airbus S.
Growth Factors:
- Increasing demand for advanced and precision-guided weapons systems in the military sector is expected to drive the growth of the global weapons carriage and release system market during the forecast period.
- The increasing use of unmanned aerial vehicles (UAVs) for reconnaissance, surveillance, and target acquisition is also projected to fuel the demand for weapons carriage and release systems in near future.
- Growing investments by defense ministries across different countries towards modernization of their armed forces is anticipated to create lucrative opportunities for players operating in this market over the next few years.
- Proliferation of terrorist activities across different parts of the world is likely to boost demand for advanced weapon systems, thereby propelling growth of this market during forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Weapons Carriage and Release System Market Research Report
By Type
Torpedoes, Rockets, Missiles, Bombs
By Application
Navy, Air Force, Other
By Companies
Alkan, Cobham PLC, Ferra Engineering Pty LTD, Harris Corporation, Marotta Controls, Marvin Group, Moog, Inc., Rafaut Group, Raytheon Company, Ruag Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Weapons Carriage and Release System Market Report Segments:
The global Weapons Carriage and Release System market is segmented on the basis of:
Types
Torpedoes, Rockets, Missiles, Bombs
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Navy, Air Force, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alkan
- Cobham PLC
- Ferra Engineering Pty LTD
- Harris Corporation
- Marotta Controls
- Marvin Group
- Moog, Inc.
- Rafaut Group
- Raytheon Company
- Ruag Group
Highlights of The Weapons Carriage and Release System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Torpedoes
- Rockets
- Missiles
- Bombs
- By Application:
- Navy
- Air Force
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Weapons Carriage and Release System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Weapons carriage and release system is a safety feature on firearms that allows the operator to safely remove the firearm from its mount and carry it in an easily accessible manner.
Some of the key players operating in the weapons carriage and release system market are Alkan, Cobham PLC, Ferra Engineering Pty LTD, Harris Corporation, Marotta Controls, Marvin Group, Moog, Inc., Rafaut Group, Raytheon Company, Ruag Group.
The weapons carriage and release system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Weapons Carriage and Release System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Weapons Carriage and Release System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Weapons Carriage and Release System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Weapons Carriage and Release System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Weapons Carriage and Release System Market Size & Forecast, 2018-2028 4.5.1 Weapons Carriage and Release System Market Size and Y-o-Y Growth 4.5.2 Weapons Carriage and Release System Market Absolute $ Opportunity
Chapter 5 Global Weapons Carriage and Release System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Weapons Carriage and Release System Market Size Forecast by Type
5.2.1 Torpedoes
5.2.2 Rockets
5.2.3 Missiles
5.2.4 Bombs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Weapons Carriage and Release System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Weapons Carriage and Release System Market Size Forecast by Applications
6.2.1 Navy
6.2.2 Air Force
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Weapons Carriage and Release System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Weapons Carriage and Release System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Weapons Carriage and Release System Analysis and Forecast
9.1 Introduction
9.2 North America Weapons Carriage and Release System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Weapons Carriage and Release System Market Size Forecast by Type
9.6.1 Torpedoes
9.6.2 Rockets
9.6.3 Missiles
9.6.4 Bombs
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Weapons Carriage and Release System Market Size Forecast by Applications
9.10.1 Navy
9.10.2 Air Force
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Weapons Carriage and Release System Analysis and Forecast
10.1 Introduction
10.2 Europe Weapons Carriage and Release System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Weapons Carriage and Release System Market Size Forecast by Type
10.6.1 Torpedoes
10.6.2 Rockets
10.6.3 Missiles
10.6.4 Bombs
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Weapons Carriage and Release System Market Size Forecast by Applications
10.10.1 Navy
10.10.2 Air Force
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Weapons Carriage and Release System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Weapons Carriage and Release System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Weapons Carriage and Release System Market Size Forecast by Type
11.6.1 Torpedoes
11.6.2 Rockets
11.6.3 Missiles
11.6.4 Bombs
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Weapons Carriage and Release System Market Size Forecast by Applications
11.10.1 Navy
11.10.2 Air Force
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Weapons Carriage and Release System Analysis and Forecast
12.1 Introduction
12.2 Latin America Weapons Carriage and Release System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Weapons Carriage and Release System Market Size Forecast by Type
12.6.1 Torpedoes
12.6.2 Rockets
12.6.3 Missiles
12.6.4 Bombs
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Weapons Carriage and Release System Market Size Forecast by Applications
12.10.1 Navy
12.10.2 Air Force
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Weapons Carriage and Release System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Weapons Carriage and Release System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Weapons Carriage and Release System Market Size Forecast by Type
13.6.1 Torpedoes
13.6.2 Rockets
13.6.3 Missiles
13.6.4 Bombs
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Weapons Carriage and Release System Market Size Forecast by Applications
13.10.1 Navy
13.10.2 Air Force
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Weapons Carriage and Release System Market: Competitive Dashboard
14.2 Global Weapons Carriage and Release System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alkan
14.3.2 Cobham PLC
14.3.3 Ferra Engineering Pty LTD
14.3.4 Harris Corporation
14.3.5 Marotta Controls
14.3.6 Marvin Group
14.3.7 Moog, Inc.
14.3.8 Rafaut Group
14.3.9 Raytheon Company
14.3.10 Ruag Group