Stratview Research has recently published a report on the Weapon Mounts Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.
Weapon Mounts Market Analysis:
Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Weapon Mounts Market is likely to witness an impressive CAGR of 6.69% during the forecast period to reach USD 2.13 billion in 2028.
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Some of the companies drives the market growth:
- FN Herstal
- Dillon Aero
- Leonardo S.p.A.
- Moog Inc.
- Otoker
- Rheinmetall AG
- Rafael Advanced Defense Systems
- Electro Optic Systems
- Elbit Systems
- BAE Systems.
Region Analysis
North America seems more dominating than the other markets. The market share of weapon mounts, in North America is driven by large military expenditure, supportive government policies and technological developments.
The market is expected to increase at a growth rate of around 2.5% during the forecast period. Alone in 2019, the U.S. represented almost two-fifths of the world's military expenditure. Europe and Asia-Pacific are also expected to offer substantial growth opportunities over the forecast period. In addition, Asia-Pacific weapon mounts a market share of more than 36% in 2021.
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
COVID-19 IMPACT
COVID-19 has affected almost every business, irrespective of size, irrespective of region. In the year 2020, the dynamics of the ELECTRIC PRESSURE WASHER Market have shifted dramatically. The consumer climate and business practices have evolved significantly, resulting in numerous process changes that will have long-term consequences.
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