Remote Weapon Station Companies - Kongsberg Gruppen (Norway), and Raytheon Technologies Corporation (US) are the Key Players
The remote weapon station market is expected to grow from an estimated USD 6.6 billion in 2022 to USD 7.5 billion by 2027, at a CAGR of 2.8% during the forecast period.
Major Remote Weapon Station Companies Include:
- Kongsberg (Norway)
- Raytheon Technologies Corporation (US)
- Thales Group (France)
- Elbit Systems (Israel)
- Leonardo S.p.A. (Italy)
These companies are expected to continue to lead during the forecast period. These companies have manufacturing facilities worldwide and are focused on technological innovations and the development of high-quality remote weapon systems. The remote weapon station market is highly competitive, with a large number of global and local market players who have adopted various strategies to expand their global presence and increase their market shares. Contracts & new product launches are the major strategies adopted by market players to grow in the remote weapon station market.
To know about the assumptions considered for the study download the pdf brochure
Kongsberg, along with its subsidiaries, provides high-technology systems to its customers in the merchant marine, oil & gas, and aerospace & defense industries. Founded in 1814 and headquartered in Kongsberg, Norway, Kongsberg Gruppen, along with its subsidiaries provide high-technology solutions and systems for marine, oil & gas, and aerospace & defense industries. The company had 11,122 employees as of 2021 and is listed on the Oslo Stock Exchange with the ticker symbol, KOG.
The company operates through 3 business segments, namely, Kongsberg Defense & Aerospace, Kongsberg Maritime, and Kongsberg Digital (considered under other activities segment). The company merged the two-business divisions, Kongsberg Protech Systems (KPS) and Kongsberg Defense Systems (KDS) and formed Kongsberg Defence & Aerospace as one segment in October 2021. The company supplies defense products under the Kongsberg Defense & Aerospace segment for command and control, surveillance, space, tactical communications, remote weapon stations and missiles. It also provides advanced composites and engineering products for aircraft and helicopters. Some of the major subsidiaries of Kongsberg Gruppen ASA are Kongsberg Geospatial, Kongsberg NorControl, Kongsberg Satellite Services, Kongsberg Spacetec, and Kongsberg Norspace. The company has presence in Europe, the Middle East, Africa, Asia, Australia, Africa, North America, and South America. The company’s key competitors include General Dynamics Corporation (US) Elbit Systems Ltd. (Israel), Leonardo (Italy), Saab AB (Sweden), and Raytheon (US).
Raytheon Technologies Corporation (US)
Raytheon Technologies Corporation (US) is one of the leading companies that provide products for defense, civil government, and cybersecurity applications. The company offers advanced sensors, imaging technology, and missile defense systems. The EWS portfolio includes the Next Generation Jammer (NGJ) program, the High-Energy Laser (HEL) Weapon Systems for Counter-UAS and Precision Strike program, Infrared and Visible Focal Plane Array Manufacturing Operations, and integrated Remote weapon station Suites. Other vital parts of the portfolio include the development of Remote weapon station Planning and Management Tools (EW PMT), the Multi-function Integrated Receiver/Exciter System (MFIRES) product family, and advanced classified programs. It includes towed decoys, radar warning receivers, radar and communications countermeasures, and missile warning sensors, among others. The merger of Raytheon Company and United Technologies Corporation will create more opportunities for both companies.
Founded in 2000 and headquartered in La Défense, France, Thales is a multinational company specializing in designing and developing electrical systems. The company offers services for the defense & security, aerospace, and transportation sectors. It had 80,000 employees as of 2021. Thales is a public limited company listed on the European Stock Exchange (Euronext) with the ticker symbol HO.
Thales operates through three business segments: defense & security, aerospace, and transport. The defense & security segment of the company develops land and air systems, secure communication & information systems, and defense mission systems. Major subsidiaries of the company include Thales Australia Ltd., Thales Defense & Security Inc., Thales Transport & Security Ltd., Thales UK Ltd., and Thales Avionics Inc. Thales has a presence in Europe, Asia, and North America. Thales Group is one of the leading providers of precise sighting, detection, and identification systems and solutions to the defense industry globally. It also produces advanced systems to fulfill the operational requirements of maritime patrol and surveillance and land, air, and space surveillance. The defense & security segment consists of secure communication and information systems, land & air systems, and defense mission systems for armed and security forces. The company offers a broad range of digital battlefield-related systems for supporting tactical communication and command & control operations. It is one of the key providers of precise sighting, detection, and identification systems & solutions to the defense sector across the globe.
Major competitors of the company are Lockheed Martin Corp. (US), BAE Systems (UK), and Northrop Grumman Corp. (US).
Elbit Systems is an Israeli defense company engaged in the manufacturing and supply of strategic electronic products primarily for defense services. Its products include unmanned systems, weapon systems, radar & fire control systems, electro-optics and communication, vacuum interrupters, electronic voting, telecom & SATCOM systems, semiconductor devices, microwave & transmitting tubes, and solar systems. The company offers a wide range of unmanned solutions for combat support, firefighting, and other defense applications. The company operates through its five segments, which are Airborne systems, C4ISR systems, Land Systems, Electro-optic systems, and other systems.
Elbit Systems Ltd. offers a range of digital systems, solutions, and services to its customers based on advanced technologies for enhanced combat operations on battlefields. It has extensive experience in building and managing agreements with several partners across the globe. Its major subsidiaries include Elbit Systems of America LLC (Israel), Elbit Systems C4I and Cyber Ltd (Israel), Elisra Ltd. (Israel), Elbit Systems Electro-Optics Elop Ltd. (Israel), and Elbit Systems Land Ltd. (Israel). The company has a presence in Europe, North America, Latin America, and Asia Pacific.
Leonardo S.p.A. has a global presence with 70 facilities around the world, 38 of which are manufacturing plants, where the designing, development, and manufacturing of helicopters, aircraft, avionics systems, land and naval systems, cyber and security solutions, and space systems take place. Products, systems, and services provided by Leonardo are currently in use in about 150 countries.
The aircraft division of the company is involved in the design, development, production, and logistics support for trainers, combat and tactical transport aircraft, multi-role and regional turboprop aircraft, and unmanned systems. A complete ground-based training system, integrated with the platforms, offers customers worldwide the highest quality turnkey training solution.
The key subsidiaries of Leonardo include Leonardo DRS, Leonardo International, Vitrociset, FATA Logistic Systems, Telespazio, Thales Alenia Space, MBDA, ATR, Elettronica, Avio, and Larimart.
Top 2 players of the remote weapon station market
Kongsberg Gruppen (Norway) operates through 3 business segments, namely, Kongsberg Defence & Aerospace, Kongsberg Maritime, and Kongsberg Digital (considered under other activities segment). The company merged the 2 business divisions, Kongsberg Protech Systems (KPS) and Kongsberg Defence Systems (KDS) and formed Kongsberg Defence & Aerospace as one segment in October 2017. The company is a major supplier of remote weapon stations to the US Army and is part of the US Army’s Common Remotely Operated Weapon Station (CROWS) program. Kongsberg has supplied around 20,000 RWS to 19 countries worldwide. Kongsberg PROTECTOR remote weapon stations can be modified as per the end user’s needs. The company has been awarded several contracts in recent years. Long-term contracts is the major strategy adopted by Kongsberg Gruppen (Norway) to strengthen its position in the remote weapon station market. Some of the notable contracts awarded to Kongsberg Gruppen (Norway) include a 5-year contract worth USD 970 million from the US in August 2012 to supply system support and technical engineering support for its M153 CROWS program. This contract has helped the company to broaden its product portfolio, and become one of the major providers of remote weapon stations in the global market space.
The Raytheon Company (US) mainly offers its Phalanx Close-In Weapon Systems (CIWS) to various navies worldwide. The company is a major player and has received several contracts from countries of North America, Asia Pacific, and Europe. The company, in recent years, has laid major emphasis on the contracts and acquisitions strategies to strengthen its product portfolio as well as position in the remote weapon station market. For instance, in 2016, Raytheon was awarded a contract worth USD 25 million by the US Navy to support the land-based Phalanx weapon system spares. In 2015, the company received a contract worth USD 159.9 million to supply Phalanx’s Close-In Weapons System (CIWS) mounted with a 20 mm gun system to the US Navy. The Phalanx’s 20 mm gun system automatically tracks and destroys enemy threats with the computer-controlled radar. Phalanx provides close-in defense against air, land, and sea threats. This contract has helped the company to increase its revenue to boost its Phalanx System.
Companies such as Elbit Systems, (Israel), Leonardo S.p.A. (Italy), Saab AB (Sweden), and Thales Group (France) have made significant contribution to the global remote weapon station market. These companies, along with Electro Optic Systems (Australia), are expected to witness significant growth in the coming years, primarily owing to the long-term contracts and new product developments strategies adopted by them in recent years.
Related Reports:
Remote Weapon Station Market by Application (Military, Homeland Security), Platform (Land, Airborne, Naval), Weapon Type (Lethal, Non-lethal), Mobility (Moving, Stationary), Technology, Component and Region- Global Forecast to 2027
See Also :
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
SEND ME A FREE SAMPLE
