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Aiming and Stabilization Systems Market Size, Share, and Russia-Ukraine War Impact Analysis, By Applications (Tanks and Armored Vehicle Guns, Naval Guns, Artillery, Remote Weapons Stations, and Others), By Components (Rotary Drive, Smart Motor, Gyroscope, and Others), By Configuration (Mechanical, Electrical, Stabilized, and Customized), and Regional Forecast, 2024-2032.

Region :Global | Report ID: FBI108195 | Status : Ongoing

 

KEY MARKET INSIGHTS


Aiming and stabilization system is used in a military vehicle to provide stability while aiming and firing the weapon while the vehicle is moving, increasing effectiveness, precision, and lethality of the weapon. The system can be used in any vehicle in any platform, provided the vehicle has the necessary dimensions to support the stabilizing assembly.


Key Market Insights:


An aiming and stabilization system consists of a gyroscope and hydraulics to work. The gyroscope is responsible for keeping the alignment of the weapon intact, while the hydraulics are to balance the weapon system with the rest of the vehicle’s alignment. Other components include a motor, a rotary drive, and many more. These systems can be used in a variety of vehicles, ranging from tanks and armored vehicles to ships and Remote Weapons Stations (RWS).

The market is driven by the need to improve the accuracy of the weapon, all the while decreasing the weight of the entire assembly. The current assembly involves several components, including heavy hydraulic systems. Increasing the overall weight of the vehicle will decrease efficiency, while lighter and fewer components will make the vehicle lighter and easy to maintain.

A major restraint towards the growth of the market is the capital required for the research and development of the aiming and stabilization system. The complexity in the manufacturing and maintenance of the system is also a restraining factor.

Impact of the Russia-Ukraine War on the Global Aiming and Stabilization System Market:


February 2022 saw the beginning of what has become a year-long war between Russia and Ukraine. The war saw heavy military investments by both sides. War equipment demands increased, and original equipment manufacturers worldwide ramped up their production to meet the increasing demands. The global aiming and stabilization system market is also seeing growth during the period. The war has seen heavy deployment of tanks and artilleries; weaponry which uses stabilization systems. The influx of supplies and aids from other nations has created demand outside Europe as well. Manufacturers are increasing production to carry forward the new contracts, and new production sites are being set up in Europe for supply. Overall, the aiming and stabilization market has seen a positive impact since the beginning of the Russia-Ukraine war.


The global ammunition handling systems market can be segmented into three broad categories- by applications, by components, and by configuration. Based on the application of the system, the market is divided into artillery, naval guns, tanks and armored vehicle guns, Remote Weapons Stations (RWS), and others. Based on the components, the market is divided into rotary drive, smart motor, gyroscope, and others. Based on the configuration, the market is divided into mechanical, electrical, stabilized, and customized. Based on the region, the market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and the Rest of the World.

Key Insights:


The report will describe the following key insights:


  • The report analyzes a detailed industry overview, including qualitative and quantitative information.

  • The report analyzes an overview and forecast of the global aiming and stabilization system market based on various segments.

  • The report also analyzes comprehensive PEST analysis for all five regions, i.e. North America, Europe, Asia Pacific, Middle East & Africa, and Rest of the World, after evaluating economic, social, political, and technological factors affecting the global aiming and stabilization system market in these regions.



Regional Analysis:


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North America currently contributes the most toward the growth of the market. The region has multiple established independent players such as Lockheed Martin Corporation, Northrop Grumman Corporation, and others. The U.S. is a major hub for the development of the market, owing to the country’s large military expenditure. Asia Pacific is projected to grow in the future. Nations such China, India, South Korea, and others are increasing their military expenditures. Growing geo-political tensions are also aiding the growth of the market. This is leading to the emergence of new players in the region, and boosting the research of the technology.

Key Players Covered:


The report includes the company profiles of key players such Meggitt PLC, BAE Systems, Moog Inc., Curtiss-Wright Corporation, Thales Group, General Dynamics Corporation, Standard Armament Inc., Moog Inc., Dillon Aero Inc., and L3Harris Technologies Inc., and others



Segmentation:


















By Applications


By  Components


By Configuration


By Region



  • Tanks and Armored Vehicle Guns

  • Artillery

  • Naval Guns

  • Remote Weapons Stations (RWS)

  • Others




  • Rotary Drive

  • Smart Motor

  • Gyroscope

  • Others




  • Mechanical

  • Electrical

  • Stabilized

  • Customized




  • North America (U.S. and Canada)

  • Europe (The U.K., Germany, France, Russia, and Rest of Europe)

  • Asia Pacific (India, China, Japan, South Korea, and Rest of Asia Pacific)

  • Middle-East and Africa (Saudi Arabia, U.A.E., Qatar, Israel, South Africa, and Others)

  • Rest of the World (Latin America and Others),




Key Industry Developments:



  • In October 2022, Poland signed an agreement with South Korean firm Hyundai Rotem for the delivery of 288 artillery rocket launchers. The two nations signed a USD 5.8 Billion deal in which South Korea was to provide Poland with the supply of tanks, howitzers, and other military weaponry and equipment.

  • In May 2022, Curtiss-Wright Corporation announced that the firm had been awarded a USD 25 Million contract by Rheinmetall BAE Systems Land (RBSL), a joint venture between Rheinmetall AG and BAE Systems, for the supply of turret drive stabilization for use in the weapons systems on the British Army’s Challenger 3 Main Battle Tank.





  • Ongoing
  • 2023
  • 2019-2022
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