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Global Turret System Market by Platform (Land, Naval, Airborne), Type (Manned, Unmanned), Component (Turret Drive, Turret Control Unit, Stabilization Control), Regional Forecasts 2021-2027

  • BIZ4599967
  • 200 Pages
  • July 2021
  • Aerospace & Defense
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Global Turret System Market is valued approximately at USD 2.5 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.86% over the forecast period 2021-2027. The turret system consists of a turret assembly that is incorporated into a vessel and permanently attached to the seabed through a mooring system. The turret system includes a bearing system that allows the ship to spin around the turret's permanent geostatic component, which is connected to the mooring system. The turret system makes use of bearing technology to allow a vessel to rotate around the turret's geostatic component. Depending on the hull construction of the vessel, the turret system can be connected to the interior or exterior area. Turret systems can be employed on land, in the water, or in the air. The market is driven by Increasing Demand for turret gun systems from military forces of different countries and rise in adoption of Unmanned Turret Systems by Defense forces across the globe. For instance, the unmanned turret systems are equipped with cutting-edge technology such as artificial intelligence and machine learning, which improve their operational efficiency. Armed forces can handle weapons remotely with the use of unmanned turret systems, avoiding any casualties by exposing their army personnel directly, which assists their installations across a variety of land, air, and sea-based vehicles. For instance, Rafael Advanced Defense Systems Ltd. created a new unmanned turret for Singapore's modern armored fighting vehicle, the Next Generation armored fighting vehicle (NGAFV), which was deployed in March 2019. In addition, in June 2019, the Tizona 30mm unmanned turret, designed by Navantia, EXPAL, and Elbit Systems for the Spanish Army's 808 Wheeled Combat Vehicle programme, was publicly revealed. However, Occurrence of Mechanical, Electrical, and Other Failures in Turret Systems, may impede market growth over the forecast period of 2021-2027.

North America is dominating the turret market in terms of revenue. In which, the United States dominates the region driven by the country's commitment to integrating cutting-edge military technology. Furthermore, Asia-Pacific is projected to have significant growth throughout the projection period. Rising military spending in India and China, as well as an emphasis on expanding the capabilities of space and naval combat systems, are supporting this expansion.

Major market player included in this report are:

Elbit Systems

Denel Vehicle Systems

CMI Group

Control Solutions

Bae Systems

CMI Group

Curtiss-Wright

Leonardo Spa

Rheinmetall Corporation

Woodward Inc

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Platform:

Land

Navel

Airborne

By Type:

Manned Turret

Unmanned Turret

By Component:

Turret Drive

Turret Control Unit

Stabilization unit

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Turret System Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Turret System Market, by Region, 2019-2027 (USD Billion)

1.2.2. Turret System Market, by Platform, 2019-2027 (USD Billion)

1.2.3. Turret System Market, by Type, 2019-2027 (USD Billion)

1.2.4. Turret System Market, by Components, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Turret System Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Turret System Market Dynamics

3.1. Turret System Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Rise in Adoption of Unmanned Turret Systems By Defence Forces Across the Globe

3.1.1.2. Increasing Demand for Turret Gun Systems From Military Forces of Different Countries

3.1.2. Market Restraint

3.1.2.1. Occurrence of Mechanical, Electrical, and Other Failures in Turret Systems

3.1.3. Market Opportunities

3.1.3.1. Ongoing Military Modernization Programs in Various Countries Across the Globe

Chapter 4. Global Turret System Market: Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economic

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Turret System Market, by Platform

5.1. Market Snapshot

5.2. Global Turret System Market by Platform, Performance - Potential Analysis

5.3. Global Turret System Market Estimates & Forecasts by Platform 2018-2027 (USD Billion)

5.4. Turret System Market , Sub Segment Analysis

5.4.1. Land

5.4.2. Navel

5.4.3. Airborne

Chapter 6. Global Turret System Market, by type

6.1. Market Snapshot

6.2. Global Turret System Market by Type, Performance - Potential Analysis

6.3. Global Turret System Market Estimates & Forecasts by type 2018-2027 (USD Billion)

6.4. Turret System Market , Sub Segment Analysis

6.4.1. Manned Turret

6.4.2. Unmanned Turret

Chapter 7. Global Turret System Market, by Components

7.1. Market Snapshot

7.2. Global Turret System Market by Components, Performance - Potential Analysis

7.3. Global Turret System Market Estimates & Forecasts by Components 2018-2027 (USD Billion)

7.4. Turret System Market , Sub Segment Analysis

7.4.1. Turret Drive

7.4.2. Turret Control Unit

7.4.3. Stabilization unit

Chapter 8. Global Turret System Market, Regional Analysis

8.1. Turret System Market , Regional Market Snapshot

8.2. North America Turret System Market

8.2.1. U.S. Turret System Market

8.2.1.1. Platform breakdown estimates & forecasts, 2018-2027

8.2.1.2. Type breakdown estimates & forecasts, 2018-2027

8.2.1.3. Component breakdown estimates & forecasts, 2018-2027

8.2.2. Canada Turret System Market

8.3. Europe Turret System Market Snapshot

8.3.1. U.K. Turret System Market

8.3.2. Germany Turret System Market

8.3.3. France Turret System Market

8.3.4. Spain Turret System Market

8.3.5. Italy Turret System Market

8.3.6. Rest of Europe Turret System Market

8.4. Asia-Pacific Turret System Market Snapshot

8.4.1. China Turret System Market

8.4.2. India Turret System Market

8.4.3. Japan Turret System Market

8.4.4. Australia Turret System Market

8.4.5. South Korea Turret System Market

8.4.6. Rest of Asia Pacific Turret System Market

8.5. Latin America Turret System Market Snapshot

8.5.1. Brazil Turret System Market

8.5.2. Mexico Turret System Market

8.6. Rest of The World Turret System Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Elbit Systems

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Denel Vehicle Systems

9.2.3. CMI Group

9.2.4. Control Solutions

9.2.5. Bae Systems

9.2.6. CMI Group

9.2.7. Curtiss-Wright

9.2.8. Leonardo Spa

9.2.9. Rheinmetall Corporation

9.2.10. Woodward Inc

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Turret System Market, report scope

TABLE 2. Global Turret System Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 3. Global Turret System Market estimates & forecasts by Platform 2018-2027 (USD Billion)

TABLE 4. Global Turret System Market estimates & forecasts by Type 2018-2027 (USD Billion)

TABLE 5. Global Turret System Market estimates & forecasts by Component 2018-2027 (USD Billion)

TABLE 6. Global Turret System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Turret System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Turret System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Turret System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Turret System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Turret System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Turret System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Turret System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Turret System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Turret System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Turret System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Turret System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Turret System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Turret System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Turret System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Global Turret System Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. U.S. Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. U.S. Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. U.S. Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. Canada Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 26. Canada Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Canada Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. UK Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 29. UK Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. UK Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. Germany Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 32. Germany Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. Germany Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. France Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 35. France Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. France Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. Spain Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 38. Spain Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Spain Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. Italy Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 41. Italy Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. Italy Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. ROE Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 44. ROE Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. ROE Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. China Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 47. China Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. China Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. India Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 50. India Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. India Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. Japan Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 53. Japan Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Japan Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. Australia Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 56. Australia Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. Australia Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 58. South Korea Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 59. South Korea Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 60. South KoreaTurret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 61. ROPAC Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 62. ROPAC Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 63. ROPAC Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 64. Brazil Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 65. Brazil Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 66. Brazil Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 67. Mexico Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 68. Mexico Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 69. Mexico Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 70. ROLA Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 71. ROLA Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 72. ROLA Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 73. ROW Turret System Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 74. ROW Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 75. ROW Turret System Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 76. List of secondary sources used in the study of Global Turret System Market.

TABLE 77. List of primary sources used in the study of Global Turret System Market.

TABLE 78. Years considered for the study.

TABLE 79. Exchange rates considered.

 
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