Weapon Mounts Sector: Growth Drivers and Challenges
Growth Drivers
- Increased Procurement of Armored Vehicles Globally
- Growing Demand for Mounts in the Navy
Challenges
- Lack of Technical Expertise Needed for Manufacture and Repairing Mounts
Weapon Mounts Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
6.9% |
|
Base Year Market Size (2024) |
USD 1.51 billion |
|
Forecast Year Market Size (2037) |
USD 3.59 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of weapon mounts is assessed at USD 1.6 billion.
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.
Asia Pacific industry is expected to hold largest revenue share by 2037, owing to augmented demand for weapon mounts for ground, airborne and naval platforms.
The major players in the market are Military Systems Group Inc., Leonardo S.p.A., FN Herstal, Ohio Ordnance Works Inc., and others.
