Weapon Systems refers to the integration of one or more weapons with all related materials, equipment, personnel, services, and means of deployment and delivery. Airborne weapon system is a set of devices that consist of multiple weapons and delivery vehicles along with integral equipment used to carry or transport the weapon system by air. A typical aircraft weapon system consists of missile control system, automatic gun fire control system, multiple weapon release system, fuse function control system, and jettison system. In terms of equipment and accessories that are required for carrying, loading, and releasing of kill and search stores, the airborne weapon system is designed into armament subsystem, and ordnance subsystem. The armament subsystem takes care of carriage and delivery of weapons or storage from the aircraft’s wing and bomb bay stations. The ordnance system indicates the equipment used for carriage and delivery of search stores. Generally maximum of 10 wing stations and 8 bomb bay stations are available for carriage of weapons, however this differs from aircraft to aircraft that are designed and manufactured differently.
Increasing security and defense expenditure for the country, war disputes between enemy countries, and growing instability across the world are the major factors increasing the demand for airborne weapon system. Airborne weapon systems have major advantages over any other weapon system is that they can penetrate dense air defenses, can sustain in all atmospheric weather condition, targeted to destroy stationary and semi stationary targets. The major factor that obstructs the use of airborne weapon system is the high cost and technology. The automation in airborne weapon system market can substantially reduce the accidental human deaths and the death caused due to wars, contributing to one of the significant factor to use the airborne weapon system. The use of unmanned arial vehicles and the laser weapons used in the airborne weapon system proves to be one of the most advantageous over others.
Airborne Weapon Systems Market can be segmented into weapons type, vehicle type, firing range, and geography. Airborne weapon systems market based on weapons type is segmented into guns, bombs, missiles and laser weapons. Segmentation by vehicle is further bifurcated into aircrafts, helicopters and Unmanned Arial Vehicles (UAV). Based on firing range, weapon system market is segmented into short range, medium range and long range. Short range firing for ballistic missiles ranges from 0 to 1,000 km, medium range firing for ballistic missiles varies from 1000 to 4000 km; whereas long range firing ranges from 4000 km and above. Moreover, with the fear of lagging behind the enemy countries, the security of one’s own nation has increased the demand and growth of designing and technological advancement of the airborne weapon system, which is expected to positively support the growth of airborne weapon system market during the forecast period from 2017 to 2025.
Airborne weapon system market is also segmented on the basis of geography into North America, South America, Europe, Asia Pacific, and Middle East & Africa. The U.S. has significant market share in airborne weapons system market due to the heavy investments in national security and defense industry followed by Europe. However, the Asia-Pacific region is expected to emerge as the one of the fastest growing market in coming years due to growing economies such as China and India.
Some of the major players operating in global airborne weapon systems market include FN Herstal, Rheinmetall AG, Safran Electronics & Defense, Boeing, BAE systems, Leonardo SA, Saab Ab, Lockheed Martin Corporation, Raytheon Company, and Ultra Electronics among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.