Weapons carriage and release system has racks to store bombs, sonobuoys, electronics pods, fuel tanks, and even unmanned vehicles,  able to  deliver those bombs safely and effectively. These carriage have multi-purpose rack assembly capability, which carries both air-to-ground bombs and air-to-air missiles.

Increasing territorial disputes and rising concerns for countermeasures against terrorist activities is expected to drive the market growth

Rising territorial disputes and terrorist attacks in countries such as Russia and Ukraine; China and Japan for uninhabited islands in the East China Sea; India and Pakistan for Jammu & Kashmir; Israel and Palestine for the Gaza Strip, Golan Heights, and West Bank is a major factor for increasing demand for carriage with multi-purpose rack racks. Several other regional disputes, which inadvertently affects the security of the nation, is expected to aid in growth of the market. For instance, according to the Our World in Data Organization’s analysis, 11,996 number of terrorist related incident occurred in 2013, and it increased to 16,860 in 2014, globally. Additionally, according to the U.S. Department of State, India faced a total number of 764 terrorist attacks in 2014, and it increased to 791 in 2015. Therefore, rising territorial disputes increases weapons use in order to heighten security of the nation from terrorist attacks, which is expected to boost growth of the market.

Moreover, increasing government regulation to monitor international borders and safeguard people against terrorist activities is another factor driving growth of weapons carriage and release system market. For instance, the USA Patriot Act is an antiterrorism law enacted by the U.S. Congress in October 2001, to improve the ability of U.S. law enforcement to detect and deter terrorism. Therefore, increasing government initiative towards protecting the nation from terrorist attack will positively encourage the market players to purchase weapons carriage and release systems for carrying large bombs and missiles during fight. This will in turn help in propelling growth of the market.   

High Initial Investment is one of the Major Factors Restraining Growth of the Weapons Release Carriage System Market

Factors negatively affecting growth of the market is high cost of investment for manufacturing of weapons release carriage racks. Components used in weapons carriage ejectors are very costly, which further increases the overall cost of the system. Hence, this factor restricts growth of the global market.

Global Weapons Carriage and Release System Market: Regional Insights

North America accounted for the largest market share in the global weapon carriage and release system market in 2017 and is expected to retain its dominance during the forecast period from 2018 to 2026. Rising government spending in defence and military department for preventing unwanted terrorist attacks is further expected to increase demand for weapons carriage and release system in this region. For instance, according to Coherent Market Insights’ analysis, the U.S. government’s spending on military and defence was US$ 594.6 billion in 2015 and it has grown up to US$ 600.15 billion in 2016. Additionally, according to the National Priorities Project’s (NPP) analysis, the world military spending totalled over US$ 1.6 trillion in 2015, out of which the U.S. accounted for 37%of the total. These investments will further encourage market players to add innovative technology in existing weapons carriage, which in turn will allow the armed forces to carry large volume of weapons, bombs, and other related weapons during fight operations.  Moreover, growing investment will inadvertently boost the defence sector in the near future.

Furthermore, growing investment on research and development activities by the major players such as Cobham Plc., Harris Corporation, and others for developing robust, reliable, and durable weapons release carriage system, and also innovating and improving existing weapons is another factor expected to support growth of the market. For instance, according to annual report of Cobham Plc., the company invested US$ 77.9 million in research and development activities in 2014 and it has grown up to US$ 145 million in 2015 Furthermore, in 2017, Harris Corporation launched a new weapons release and carriage system for MBDA spear missile for Britain’s F-35B aircraft. 

Global Weapons Release and Carriage System Market: Competitive Landscape

Major players operating in the global weapons release and carriage system market are Cobham Plc., Harris Corporation, AVIC (Aviation Industry Corporation), Raytheon, Moog, Inc., Ultra Electronics, Circor Aerospace& Defence, Marotta Controls, AEREA s.p.a., and Systima Technologies.

Players in the market are focusing on adopting various product development strategies, to strengthen their foothold in the market. For instance, in August 2017, Cobham PLC launched weapons carriage and release equipment for the future KF-X next-generation indigenous multi-role fighter aircraft. This long stroke ejection system allows interchangeable carriages to release either Meteor or AMRAAM air-to-air missiles without role change.

Global Weapons Carriage and Release System Market: Taxonomy

By Product Type

  • Air-to-Ground
  • Air-to-Air

By End Users

  • Air Force
  • Navy
  • Others

By Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users