How big is the Sea-based Remote Weapon Systems Market?

The Sea-based Remote Weapon Systems Market size is expected to reach USD 3.41 billion in 2024 and grow at a CAGR of 7.32% to reach USD 4.85 billion by 2029. Read More

What is the current Sea-based Remote Weapon Systems Market size?

In 2024, the Sea-based Remote Weapon Systems Market size is expected to reach USD 3.41 billion. Read More

Who are the key players in Sea-based Remote Weapon Systems Market?

Saab AB, Elbit Systems Ltd., Kongsberg Defence & Aerospace, RTX Corporation and ASELSAN A.Ş. are the major companies operating in the Sea-based Remote Weapon Systems Market. Read More

Which is the fastest growing region in Sea-based Remote Weapon Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Sea-based Remote Weapon Systems Market?

In 2024, the North America accounts for the largest market share in Sea-based Remote Weapon Systems Market. Read More

What years does this Sea-based Remote Weapon Systems Market cover, and what was the market size in 2023?

In 2023, the Sea-based Remote Weapon Systems Market size was estimated at USD 3.16 billion. The report covers the Sea-based Remote Weapon Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Sea-based Remote Weapon Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Sea-Based Remote Weapon System Market

Sea-Based Remote Weapon System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Naval Remote Weapon System Market is Segmented by Naval Vessel Type (Destroyers, Frigates, Submarines, Corvettes, Aircraft Carriers, and Other Vessel Types), and Geography (North America, Europe, Asia-Pacific, and the Rest of the World). The Market Sizing and Forecasts Have Been Provided in Value (USD).

Sea-Based Remote Weapon System Industry Overview

The sea-based remote weapon systems market is consolidated, and some of the prominent players are Saab AB, Elbit Systems Ltd., Kongsberg Defence & Aerospace, RTX Corporation, and ASELSAN A.S. Remote weapon systems (RWS) manufacturers are investing heavily in RWS development to increase their product portfolio. Integrating advanced sensor systems and optronic equipment is anticipated to help the companies expand their geographical presence in emerging markets.

Also, the regional players in the market are collaborating with international players through technology transfer agreements to develop indigenous capabilities. For instance, in November 2022, Kongsberg Defence & Aerospace partnered with THALES to support the British armed forces’ Protector Remote Weapon Systems (RWS) program. Such partnerships are anticipated to help the players cater to the respective government bodies, thereby increasing their share in the market in the coming years.