Weapons Carriage & Release System Market


Posted March 17, 2021 by sandycool

The weapons carriage and release system market was estimated at USD 462 million in 2020 and is projected to reach USD 554 million by 2025, and also develop with a CAGR of 3.1% from 2021 to 2026.
 
Weapons Carriage and Release System Market was estimated at USD 462 million in 2020 and is projected to reach USD 554 million by 2025, and also develop with a CAGR of 3.1% from 2021 to 2026.

A modern fighter aircraft includes different types of weapons, including a large number of missiles and bombs, to neutralize enemy targets. Consequently, the mounting of such an armament on an aerial platform requires integration arrangements at specific locations under the fuselage and the wings of the aircraft. These arrangements are called weapon transport systems and are used in conjunction with launch systems to successfully transport weapons and fire them when necessary.

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The global arms delivery and transportation systems market is experiencing significant growth, owing to the increasing use of a variety of missiles and bombs. Aircraft use the weapon carriage and release system to deliver a payload efficiently and safely. Additionally, the system features an ejection control unit that allows the operator to control, guide, and communicate with precision and intelligent guide payloads. Also, the weapon carriage and release system uses a variety of components, such as rail launchers, adapters, racks, and pylons to accurately transport and deliver payload.

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Impact of COVID-19 on Weapons Carriage and Release System Market:

The governments of several nations have launched the lockdown to control the spread of coronavirus outbreak that is hampering the manufacturing process of weapons carriage and release systems.

Transportation and weapons delivery systems companies face labor shortages due to lack of site access and travel restrictions imposed by authorities to curb the spread of COVID-19. In addition, companies that depend on the international workforce are unable to perform product testing and development.

The coronavirus pandemic has forced manufacturers to delay ongoing projects due to a disruption in the supply chain, so the market is seeing a lack of components for manufacturing products. Aircraft production and development have also been halted following the COVID-19 disease to comply with government initiatives to slow the transmission of the disease.

Market Drivers and Limitations:

The boom in the use of a variety of weapons, the demand for pneumatic launch systems and the increasing adoption of new aerial platforms are the factors driving the global weapons carriage and release systems market. However, the reduction of the defense budget due to the economic recession and the incompatibility between the weapons system and competing aircraft is hampering the growth of the market. On the contrary, the increase in the use of different types of missiles and the development of a new range of missiles, such as missiles beyond visual range and anti-radiation missiles, present new avenues in the industry.

The pneumatic system controls and transmits the stored energy in the form of compressed air. The gun's pneumatic trigger system provides a continuous supply of high pressure air for precise and accurate gun separation. In addition, it applies a large ejection force to allow the weapon to be released even at high altitude and high speed from the aircraft. Also, unlike the pyrotechnic release mechanism that requires explosive kinetic energy, the pneumatic release system is cost effective and reusable. Therefore, the demand for pneumatic release systems is supposed to drive the global weapons carriage and release systems market.

Weapons Carriage and Release System Market Segmentation:

Among the types of weapons, missiles are expected to see the highest demand during the outlook period. There is increasing use of different ranges and types of missiles, so the demand for missile-related delivery and delivery systems is supposed to increase. There has also been an increase in the adoption of extended range air-to-air and air-to-ground missiles in combat aircraft. In addition, the fifth-generation aircraft uses a new range of adapters to carry missiles.

Based on end use, the market has been bifurcated into OEM and aftermarket. The OEM segment is expected to gain a larger market share due to the growing inventory of newly installed airborne platforms. These airborne platforms are finding huge applications in air-to-ground support, anti-submarine warfare, and air defense. In addition, the development of a new range of missiles, such as missiles beyond visual range and anti-radiation missiles, for newly installed platforms has also contributed to demand from home equipment manufacturers.

Regional Analysis:

Weapons carriage and release system market is geographically segmented in to

North America
Europe
Asia Pacific
Latin America.
Middle East and Africa
North America will experience lucrative growth during the forecast period due to the presence of leading players and a high military budget, especially in the United States, and the high adoption of advanced technologies in the defense sector in this region.

The European market is foreseen to see significant growth due to an increase in the deployment of combat aircraft, such as the Eurofighter Typhoon, Dassault Rafale, Saab Gripen and F-35, in several European countries, including the United Kingdom, Italy, Turkey and Finland. The induction of unmanned aerial vehicles loaded with missiles and bombs for combat functions has also led to an increase in demand for weapons transport and delivery systems in Europe.

Key market players:

Some of the major players operating in the global weapons carriage and release systems market include Ultra Electronics, Systima Technologies Inc, Ruag Group, Raytheon Company, Rafaut Group, Moog, Inc., Marvin Group, Marotta Controls, Harris Corporation, Ferra Engineering Pty Ltd, Cobham PLC and Alkan.
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Last Updated March 17, 2021