PUBLISHER: The Business Research Company | PRODUCT CODE: 1668689
PUBLISHER: The Business Research Company | PRODUCT CODE: 1668689
A weapon mount is a component utilized to secure armaments, including weapons and equipment used by armed forces. These mounts serve the purpose of securing and supporting firearms, typically guns, onto specific platforms to optimize their performance and facilitate efficient use.
Weapon mounts are primarily categorized into ground, naval, and airborne platforms. Ground platforms are situated on stable surfaces or structures on the ground, providing support for various types of equipment or systems. These mounts support both manned and remotely operated operations, finding applications in areas such as national defense, security, business performance, and other relevant contexts.
The weapon mount market research report is one of a series of new reports from The Business Research Company that provides weapon mount market statistics, including weapon mount industry global market size, regional shares, competitors with an weapon mount market share, detailed weapon mount market segments, market trends and opportunities, and any further data you may need to thrive in the weapon mount industry. This weapon mount market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The weapon mounts market size has grown strongly in recent years. It will grow from$1.57 billion in 2024 to $1.69 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to military modernization programs, increase in defense budgets, focus on infantry mobility, rise in global security threats, special forces operations, urban warfare considerations
The weapon mounts market size is expected to see strong growth in the next few years. It will grow to $2.22 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to advancements in fire control systems, focus on modular weapon platforms, energy-efficient weapon mounts, increasing demand for non-lethal options, enhanced durability and reliability. Major trends in the forecast period include integration with unmanned systems, modular and versatile designs, remote weapon station (rws) technology, enhanced stabilization systems, integration of smart technologies.
The rising procurement and modernization programs by militaries are expected to drive the growth of the weapon mounts market in the future. These programs refer to the strategies and tactics employed by military organizations to acquire new weapons, equipment, and technologies that meet their operational needs and enhance their mission capabilities. Weapon mounts are essential for securely attaching firearms, such as machine guns, to various ground platforms, providing greater stability and accuracy during firing, which is crucial for military operations. For example, in April 2024, the Stockholm International Peace Research Institute (SIPRI), a Sweden-based independent research organization, reported that total global military expenditure reached $2.443 trillion in 2023, reflecting a 6.8% increase in real terms compared to 2022. Thus, the heightened procurement and modernization efforts by militaries are driving the growth of the weapon mounts market moving forward.
The increasing modernization of warships is expected to drive the growth of the weapon mounts market in the future. Warships are specifically designed and built for combat and naval warfare, operated by a nation's armed forces, and play a critical role in safeguarding maritime interests and defending against threats at sea. The evolving nature of naval warfare requires continuous advancements in warship design and capabilities. Modernization initiatives across various fleets are boosting the demand for innovative weapon mount systems. For example, in January 2024, the United States Department of Defense reported that the US Navy awarded a five-year contract, valued at $944 million, for maintenance, repair, and modernization services for non-nuclear surface combatant and amphibious ships, covering the period from January 2024 to January 2029. Therefore, the ongoing modernization of warships is driving the growth of the weapon mounts market.
Advancements in technology are a significant trend gaining traction in the weapon mounts market. Companies in this sector are focusing on developing advanced mobile artillery systems to improve mobility, targeting accuracy, and adaptability of firepower in modern combat scenarios. These systems combine artillery firepower with mobility, allowing for rapid deployment and repositioning, which enhances operational flexibility and precision. For instance, in April 2024, Hyundai Wia, a South Korea-based motor vehicle manufacturer, unveiled a land-based vehicle-mounted weapon system at FIDAE in Chile. This 105mm self-propelled howitzer features a lightweight design that boosts portability and range while reducing crew requirements to just seven personnel. Additionally, Hyundai Wia presented an 81mm mortar system tailored for small tactical vehicles, further enhancing battlefield mobility. These innovations demonstrate Hyundai Wia's commitment to strengthening its presence in the international defense market and supporting regional military modernization efforts.
Major players in the weapon mount market are strategically focusing on the development of innovative high-performance products, including versatile weapon mounts, to secure a competitive edge. A versatile weapon mount is a system engineered to hold and operate multiple weapons from a single platform. FabriqueNationale Herstal, a Belgium-based weapons manufacturer, introduced the FN MWM in September 2023-a versatile weapon mount designed for both land and sea platforms. Featuring a hydraulic buffer system to minimize recoil effects on the platform and the operator, the FN MWM ensures optimal weapon performance under various circumstances and firing angles. Remarkably, it operates entirely mechanically, eliminating the need for electrical power from the carrier. The mount includes various options such as shoulder bars, ballistic protection, links and cases collectors, and weapon-specific adaptors.
In December 2022, Hanwha Aerospace Co., Ltd., a South Korean company specializing in aviation and aerospace component manufacturing, acquired Hanwha Munitions Corp. for an undisclosed amount. This acquisition allows Hanwha Aerospace to leverage synergies across its business units, strengthening its market position and promoting growth within the aerospace and defense sectors. Hanwha Munitions Corp. focuses on developing and producing defense products, including ammunition, precision-guided munitions, weapon systems, and ground weapons support.
Major companies operating in the weapon mounts market include Dillon Aero Inc., AEI Systems Limited, Military Systems Group Inc., Leonardo S.p.A., Rafael Advanced Defense Systems Ltd., Rheinmetall AG, Kongsberg Gruppen ASA, Raytheon Technologies Corporation, Elbit Systems Ltd., Saab AB, BAE Systems plc, FN Herstal S.A., Denel Vehicle Systems (Pty) Ltd., General Dynamics Ordnance and Tactical Systems Inc., Moog Inc., Otoker Otomotiv ve Savunma Sanayi AS, Thales Group, Lockheed Martin Corporation, Northrop Grumman Corporation, AeroVironment Inc., FLIR Systems Inc., Esterline Technologies Corporation, Curtiss-Wright Corporation, Meggitt plc, Cobham plc, Harris Corporation, L3 Technologies Inc., Trijicon Inc., Aimpoint AB, American Defense MFG LLC
Asia-pacific was the largest region in the weapon mounts market in 2024. The regions covered in the weapon mounts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the weapon mounts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The weapon mounts market consists of sales of static mounts and non-static mounts. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Weapon Mounts Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on weapon mounts market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for weapon mounts ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The weapon mounts market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.