Dedicated to Research Since 1993

Turret System Market By Type (Manned, Unmanned) By Platform (Land, Airborne, Naval) By Component (Turret Control Unit, Turret Drive, Stabilization Unit) - Global size Analysis and Industry Forecast, 2018-2023.

 Aerospace and Defense

Report Overview

GLOBAL TURRET SYSTEM MARKET was valued at USD 2.04 Billion in the year 2017. Global Turret System Market is further estimated to grow at a CAGR of 7.68% from 2018 to reach USD 3.25 Billion by the year 2023. North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At country level China, Japan and India are projected to grow at a strongly in the coming years, due to the conflicts between nations and growing terrorism.

BAE Systems PLC (U.K.), Leonardo S.P.A. (Italy), Woodward, Inc. (U.S.), Elbit Systems Ltd. (Israel), Rheinmetall AG (Germany), Curtiss-Wright Corporation (U.S.), CMI Group (Belgium), Denel Vehicle Systems (South Africa), Jenoptik AG (Germany), Otokar Otomotiv ve Savunma Sanayi A.? (Turkey), Moog, Inc. (U.S.), are some of the key players in the Global Turret System market. Rising research and development expenses to cater changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.


             Rising security and defense technology systems across the globe


             High production and maintenance cost


             Implementation of modern technology in military and defence


             The complications in the combination of Turret System with others

The major shares of the market come from manned turret type in Global Turret System Market. On the other side, Land, by platform for this market is expected to grow at highest CAGR during the year 2018-2023. As Turrets are currently used more in land warfare vehicles.

Key Benefits for Stakeholders

Turret System Manufacturers, Distributors and Retailers

Research and Consulting Organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Type



By Platform






By Component

Turret Control Unit

Turret Drive

Stabilization Unit

By Region

North America




Key Market Players

BAE Systems PLC

Leonardo S.P.A.

Woodward, Inc.

Elbit Systems Ltd.

Rheinmetall AG

Curtiss-Wright Corporation

CMI Group

Denel Vehicle Systems

Jenoptik AG

Otokar Otomotiv ve Savunma Sanayi A.?

Moog, Inc.

(Another brief information of 13 companies will be provided in the report.)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1. Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2. Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3. To avoid bias, we filter the collected data collected from authenticated sources.
  4. GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5. Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6. Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet wour key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

    Key Data from Secondary Research

       2.1.2. Primary Research

    Key Data from Primary Research

    Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottoms-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Turret System Market, By Type

6.1 Manned

6.2 Unmanned

7. Turret System Market, By Platform

7.1 Land

             7.1.1 Stationary

             7.1.2 Vehicle

7.2 Airborne

7.3 Naval

8. Turret System Market, By Component

8.1 Turret Control Unit

8.2 Turret Drive

8.3 Stabilization Unit

9. Geographical Analysis

9.1. Introduction

9.2. North America

       9.2.1. U.S.

       9.2.2. Canada

       9.2.3. Mexico

9.3. Europe

       9.3.1. U.K.

       9.3.2. Germany

       9.3.3. France

       9.3.4. RoE

9.4. Asia Pacific

       9.4.1. South Korea

       9.4.2. China

       9.4.3. Japan

       9.4.4. RoAPAC

9.5. RoW

       9.5.1. Latin America

       9.5.2. Middle East and Africa

10. Company Profiles

(Business Overview, Financial Overview, Product write Up, Recent Developments)

10.1 BAE Systems PLC

10.2 Leonardo S.P.A.

10.3 Woodward, Inc.

10.4 Elbit Systems Ltd.

10.5 Rheinmetall AG

10.6 Curtiss-Wright Corporation

10.7 CMI Group

10.8 Denel Vehicle Systems

10.9 Jenoptik AG

10.10 Otokar Otomotiv ve Savunma Sanayi A.?

10.11 Moog, Inc. 

(Another brief information of 13 companies will be provided in the report.)

11. Competitive Analysis

11.1. Introduction

11.2. Market Positioning of Key Players

11.3 Competitive Strategies Adopted by Leading Players

        11.3.1. Investments & Expansions

        11.3.2. New Product Launches

        11.3.3. Mergers & Acquisitions

        11.3.4. Agreements, Joint Ventures, and Partnerships

12. Appendix

12.1. Questionnaire

12.2. Available Customizations 

12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)


No Content Available.