Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Weapon Mounts Market size was over USD 1.51 billion in 2024 and is projected to reach USD 3.59 billion by 2037, witnessing around 6.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of weapon mounts is assessed at USD 1.6 billion.
on the back of increasing procurement programs for armored vehicles, naval ships, and aircrafts, and rising demand for remote weapon stations for military applications by several countries around the globe. Along with these, growing need of mounts in navy, escalating use of unmanned vehicles in the war zone, increase in military investments and surging security measures worldwide are also expected to fuel market growth in the coming years. It was calculated the global military expenditure reached a value of approximately USD 2 billion by the end of 2019. Furthermore, intensifying innovations by key market players is estimated to offer lucrative opportunities to the market over the forecast period.
