Global Airborne Weapon Delivery Systems Market 2017-2021

Overview of the global airborne weapon delivery systems market

Market research analysts at Technavio predict that the global airborne weapon delivery systems market will grow steadily at a CAGR of over 8% by 2021. It has been observed that the unmanned combat aerial vehicle (UCAVs) are becoming a low-cost alternative to conventional airborne attack platforms and according to this market research and analysis this will be one of the primary growth factors for this market. Military agencies and missile suppliers are investing in enhancing the capabilities of small bombs that are fired from unmanned aerial vehicles (UAVs) due to the changing conventional approaches for carrying out air-to-surface missile attacks. The development of small missiles that is supported by the miniaturization of guidance technology will encourage military agencies to invest in the procurement of such missiles, subsequently fueling the growth of the airborne weapon delivery systems market.

One of the latest trends that will gain traction in the airborne weapon delivery systems market in the coming years is the development of miniaturized UAVs. Technology providers are emphasizing on designing miniaturized electro-optic/infrared imaging (EO/IR) systems that can be fitted with small UAVs and are capable of dissipating sufficient heat without compromising the performance of a miniaturized UAV.  This will induce vendors to encourage the production of EO/IR systems within the defense sector as the sensor suits that are used in thermal imaging cameras will enhance target detection and surveillance capabilities of miniaturized UAVs.

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Competitive landscape and key vendors

The airborne weapon delivery systems market appears to be highly fragmented due to the presence of many prominent players who compete for maximum market shares. The rise in investments in combat helicopters will significantly impact the manufacture of weapon-related systems and components. Companies with superior technical and financial resources can bring substantial changes in the existing payloads and subsystems since it helps them realize the development costs in a shorter development cycle time.

The leading vendors in the market are -

• BAE Systems
• Boeing
• Elbit Systems
• General Dynamics
• Lockheed Martin

The other prominent vendors in the market include CMC Electronics, Northrop Grumman, Raytheon, and Saab.

Segmentation by application and analysis of the airborne weapon delivery systems market

• Fixed-wing fighter aircraft
• Rotary wing and UCAV

With the countries across the globe focusing on minimizing the number of troop casualties in high-risk missions and conduct unmanned attacks in enemy territories, there is an increase in the deployment of rotary wing and UCAV. The UCAV is equipped with synthetic aperture radar, forward-looking infrared cameras, laser designator, and electronic countermeasure systems and transmits data through a secured communication link.  It can also receive commands, controls, and mission planning-related data from the mobile ground control system.

Geographical segmentation and analysis of the airborne weapon delivery systems market

• Americas
• APAC
• EMEA

European countries including Egypt, France, Germany, and the UK have developed and procured several attack aerial platforms to ensure efficient action during emergency situations. This will help them have greater control of these situations and improve combat readiness in times of crisis. Owing to the initiation of a number of anti-extremist missions, the demand for airborne weapons and their delivery systems is likely to increase in this region during the next few years. This market study estimates that EMEA will be the major revenue contributor to the airborne weapon delivery systems market by 2021.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global airborne weapon delivery systems market?
• What are the key market trends impacting the growth of the global airborne weapon delivery systems market?
• What are the challenges to market growth?
• Who are the key vendors in the global airborne weapon delivery systems market?
• What are the market opportunities and threats faced by the vendors in the global airborne weapon delivery systems market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global airborne weapon delivery systems market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming market research report on the global airborne weapon delivery systems market is an integral part of Technavio's aerospace and defense portfolio and offers key insights into the market space for niche segments like defense. Technavio's insightful market research reports also offer insights on the market size, forecast, trends, and industry analysis to help clients build effective growth strategies.

By considering the market forecast and size, surging demand for various defense equipment, the market research professionals at Technavio offer an all-inclusive picture of the global airborne weapon delivery systems market for the estimated period of 2017 to 2021. Furthermore, our research practices help clients develop effective growth strategies and stay updated with the continually changing market landscape. This market study also offers a comprehensive analysis of various defense equipment services based on the interpretation of the information gathered from specific resources such as channel partners and market stakeholders. This upcoming market research report on the global airborne weapon delivery systems market also covers vendors like CMC Electronics, Lockheed Martin, BAE Systems, General Dynamics, and Elbit Systems.

This market research report on the global airborne weapon delivery systems market also takes into account the growth of related markets like maritime patrol aircraft and submarine-launched missile, which are anticipated to post an impressive CAGR of over 5% each, during the forecast period. According to our market research analyst, greater investment in the domain of advanced UAVs and associated payload and subsystems might influence the demand for airborne weapon delivery systems across various geographies.

The upcoming industry report on the global airborne weapon delivery systems market also offers insights into fast-growing segments within the aerospace and defense industry, including sectors like defense technology and homeland security. Additionally, this report on the global airborne weapon delivery systems market also presents insights into the changing competitive landscape and gives clients a realistic picture of the future direction of the defense industry.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.