The Weapon Mounts Global Global Market Report 2023, provides comprehensive information on the weapon mounts global market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Weapon Mounts Global Global Market Report 2023, the global weapon mounts market size is expected to grow from $1.37 billion in 2022 to $1.48 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global weapon mounts market size is expected to reach $1.96 billion in 2027 at a CAGR of 7.3%.
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Advancements in technology are a key trend gaining popularity in the weapon mounts market. Companies operating in the weapon mounts market are launching advanced LED technology products to sustain their position in the market. For instance, in May 2021, Aimpoint, a Sweden-based company that specializes in producing high-quality red dot sights for firearms, launched Acro P-2 Pistol Mounted Optic, a high-tech red dot sight. It has a next-generation sight that features an enhanced LED (Light Emitting Diode) emitter and a higher capacity CR2032 battery, providing 50,000 hours of constant-on power, or five years. This results in faster and more accurate target acquisition for the user. The newly implemented LED technology results in a 3.5 MOA dot that is brighter in comparison. The Acro P-2 has been designed primarily for use on handguns; however, it is versatile enough to be mounted on carbines, shotguns, and rifles as well. Furthermore, it can be employed as a backup sight on magnified scopes and thermal imagers.
The weapon mounts global market is segmented:
1) By Platform: Ground, Naval, Airborne
2) By Operation: Manned, Remotely Operated
3) By Application: National Defense, Security, Business Performance, Other Applications
Asia-pacific was the largest region in the weapon mounts global market in 2022.
The table of contents in TBRC’s weapon mounts global market report includes:
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