Turret System Market by Platform (Land, Naval, Airborne), Type (Manned, Unmanned), Component (Turret Drive, Turret Control Unit, Stabilization Control), and Region - Global Forecast to 2022

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Date: 26-Oct-2017
No. of pages: 149
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“Increasing demand for turret gun systems from military forces and modernization programs in various countries are the major factors driving the turret system market globally.”

The turret system market is expected to grow from USD 2.07 billion in 2017 to USD 2.88 billion by 2022, at a CAGR of 6.86% from 2017 to 2022. The market for turret system is driven by several factors such as rising incidences of asymmetric warfare and military forces of different countries across the globe are constantly enhancing their combat capabilities by procuring armored platforms equipped with advanced turret systems. In some cases, the occurrence of mechanical, electrical, and other failures in turret systems are a major restraint for the growth of the turret system market across the globe.

“The manned turret segment is expected to lead the market during the forecast period.”

Based on type, the turret system market has been segmented into manned turret and unmanned turret. The manned turret type segment is expected to lead the turret system market during the forecast period. Manned turret provides self-protection, ground fire support, and attacking capabilities to the warship with an optimal balance between situational awareness and crew protection capabilities.

“North America is expected to lead the turret system market; the Asia Pacific turret system market is projected to grow at the highest rate.”

The North America region is expected to lead the turret system market in 2017.However, the market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. In North America, the US is considered to be the largest market for turret system, owing to technological advancements and rising incidences of armed conflicts or war against terrorism. The US is one of the main manufacturers and end users of turret system across the globe, due to the threats received by the country and its participation in the war against terrorism in Syria, Iraq, and Afghanistan. The acceptance of turret system provides enhanced assistance to the troops and helps them in various military applications.

“Breakup of profile of primary participants for the turret system market.”


  • By Company Type - Tier 1 – 40 %, Tier 2 – 35% and Tier 3 – 25%

  • By Designation – C level – 45%, Director level – 25%, Others – 30%

  • By Region – North America - 15%, Europe – 20%, APAC – 40%, RoW – 25%


The major companies profiled in the report include MOOG (US), Jenoptik (Germany), Otokar (Turkey), Control Solution (US), Curtiss-Wright (US), Lockheed Martin (US), Elbit Systems (Israel), Woodward (US), Bae Systems (UK), Rheinmetall (Germany),CMI Group (Belgium),and others.

Research Coverage:

This report presents a complete analysis of the turret system market during the forecast period. The turret system market has been broadly classified on the basis of platform (land, airborne, naval), component (turret drive, turret control unit, stabilization unit), type (manned, unmanned), and region.

Reasons to buy the report:

From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends and focus), market-share analysis of top players, vendor dive analysis of top 25 players, and company profiles, which together comprise and discuss the basic views on competitive landscape, emerging and high-growth segments of the turret system market, high-growth regions and countries, and their respective regulatory policies, government initiatives, and market drivers, restraints, and opportunities.

The report provides insights into the following pointers:


  • Market Penetration: Comprehensive information on turret system offered by top 25players in the turret system market

  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the turret system market

  • Market Development: Comprehensive information about lucrative emerging markets -the report analyses markets for turret system across regions

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the turret system market

  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the turret system market.

Turret System Market by Platform (Land, Naval, Airborne), Type (Manned, Unmanned), Component (Turret Drive, Turret Control Unit, Stabilization Control), and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Market Definition
1.2 Study Scope
1.2.1 Markets Covered
1.2.2 Regional Scope
1.2.3 Years Considered for the Study
1.3 Currency & Pricing
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Turret System Market, 2017-2022
4.2 Naval Platform Segment, By Subsegment
4.3 Airborne Platform Segment, By Subsegment
4.4 Land Platform Segment, By Subsegment
4.5 Turret System Market Share, By Component, 2017
4.6 Middle East Turret System Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Turret Gun Systems From Military Forces of Different Countries
5.2.1.2 Rising Incidences of Asymmetric Warfare Leading to the Adoption of Unmanned Turret Systems By Defense Forces Across the Globe
5.2.1.3 Overhauling of the Existing Warfare Platforms With Modern Turret Systems
5.2.1.4 Launching of Modular Designs of Turret Systems
5.2.2 Restraints
5.2.2.1 Occurrence of Mechanical, Electrical, and Other Failures in Turret System
5.2.3 Opportunities
5.2.3.1 Ongoing Military Modernization Programs in Various Countries Across the Globe
5.2.4 Challenges
5.2.4.1 Chances of Hardware and Software Malfunctions in Turret Systems
5.2.4.2 Reduction in Power-Related Issues in Turret Systems
5.2.4.3 Complexity Involved in the Integration of Turret Systems With Other Systems
5.2.4.4 High Costs Involved in the Development of Advanced Turret Systems

6 Industry Trends
6.1 Introduction
6.2 Technological Trends in the Turret System Market
6.2.1 Turret Drive Servo System (TDSS) Technology
6.2.2 Hybrid Power Systems
6.2.3 Improved Electro mechanical Actuators
6.2.4 Integrated Turret Systems
6.2.5 Advanced Control Software
6.3 Innovations & Patent Registrations

7 Turret System Market, By Platform
7.1 Introduction
7.2 Land
7.2.1 Vehicle Platform
7.2.1.1 Tanks
7.2.1.2 Armored Fighting Vehicles (AFV)
7.2.1.3 Light Protected Vehicles (LPV)
7.2.1.4 Others
7.2.2 Stationary
7.3 Naval
7.3.1 Destroyers
7.3.2 Frigates
7.3.3 Corvettes
7.3.4 Offshore Patrol Vessels (OPV)
7.3.5 Others
7.4 Airborne
7.4.1 Helicopters
7.4.2 Combat Support Aircraft
7.4.3 Unmanned Aerial Vehicles (UAV)

8 Turret System Market, By Type
8.1 Introduction
8.2 Manned Turret
8.3 Unmanned Turret

9 Turret System Market, By Component
9.1 Introduction
9.2 Turret Drive
9.2.1 Manual
9.2.2 Electric
9.2.3 Electro-Mechanical
9.2.4 Electro-Hydraulic
9.3 Turret Control Unit
9.3.1 Motor Controller
9.3.2 Power Unit
9.3.3 Others
9.4 Stabilization Unit

10 Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 Russia
10.3.2 Germany
10.3.3 UK
10.3.4 France
10.3.5 Italy
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Australia
10.4.4 Japan
10.4.5 South Korea
10.4.6 Rest of Asia Pacific
10.5 Middle East
10.5.1 Saudi Arabia
10.5.2 Israel
10.5.3 Turkey
10.5.4 Rest of Middle East
10.6 Rest of the World (RoW)
10.6.1 Africa
10.6.2 Latin America

11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking Analysis, 2017

12 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
12.1 Moog
12.2 Jenoptik
12.3 Otokar
12.4 Control Solutions
12.5 Elbit Systems
12.6 CMI Group
12.7 Rheinmetall
12.8 Bae Systems
12.9 Curtiss-Wright
12.10 Woodward
12.11 Denel Vehicle Systems
12.12 Leonardo Spa

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.3 Introducing RT: Real-Time Market Intelligence
13.4 Available Customization
13.5 Related Reports
13.6 Author Details

List of Tables

Table 1 Important Innovations & Patent Registrations, 2001-2015
Table 2 Turret System Market Size, By Platform, 2015-2022 (USD Million)
Table 3 Land Segment, By Type, 2015-2022 (USD Million)
Table 4 Land Segment, By Region, 2015-2022 (USD Million)
Table 5 Vehicle Platform Segment, By Type, 2015-2022 (USD Million)
Table 6 Naval Segment, By Type, 2015-2022 (USD Million)
Table 7 Naval Segment, By Region, 2015-2022 (USD Million)
Table 8 Airborne Segment, By Type, 2015-2022 (USD Million)
Table 9 Airborne Segment, By Region, 2015-2022 (USD Million)
Table 10 Turret System Market Size, By Type, 2015-2022 (USD Million)
Table 11 Manned Turret Segment, By Region, 2015-2022 (USD Million)
Table 12 Unmanned Turret Segment, By Region, 2015-2022 (USD Million)
Table 13 Turret System Market Size, By Component, 2015-2022 (USD Million)
Table 14 Turret Drive Segment, By Region, 2015-2022 (USD Million)
Table 15 Turret Drive Segment, By Type, 2015-2022 (USD Million)
Table 16 Turret Control Unit Segment, By Region, 2015-2022 (USD Million)
Table 17 Turret Control Unit Segment, By Type, 2015-2022 (USD Million)
Table 18 Stabilization Unit Segment, By Region, 2015-2022 (USD Million)
Table 19 Turret System Market Size, By Region, 2015–2022 (USD Million)
Table 20 North America Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 21 Land Segment, By Type, 2015–2022 (USD Million)
Table 22 Vehicle Platform Segment, By Type, 2015–2022 (USD Million)
Table 23 Naval Segment, By Type, 2015–2022 (USD Million)
Table 24 Airborne Segment, By Type, 2015–2022 (USD Million)
Table 25 North America Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 26 North America Turret System Market Size, By Component, 2015–2022 (USD Million)
Table 27 North America Turret System Market Size, By Country, 2015-2022 (USD Million)
Table 28 US Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 29 US Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 30 Canada Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 31 Canada Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 32 Europe Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 33 Europe: Land Segment, By Type, 2015–2022 (USD Million)
Table 34 Europe: Vehicle Platform Segment, By Type, 2015–2022 (USD Million)
Table 35 Europe: Naval Segment, By Type, 2015–2022 (USD Million)
Table 36 Europe: Airborne Segment, By Type, 2015–2022 (USD Million)
Table 37 Europe Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 38 Europe Turret System Market Size, By Component, 2015–2022 (USD Million)
Table 39 Europe Turret System Market Size, By Country, 2015-2022 (USD Million)
Table 40 Russia Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 41 Russia Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 42 Germany Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 43 Germany Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 44 UK Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 45 UK Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 46 France Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 47 France Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 48 Italy Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 49 Italy Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 50 Rest of Europe Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 51 Rest of Europe Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 52 Asia Pacific Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 53 Asia Pacific: Land Segment, By Type, 2015–2022 (USD Million)
Table 54 Asia Pacific: Vehicle Platform Segment, By Type, 2015–2022 (USD Million)
Table 55 Asia Pacific: Naval Segment, By Type, 2015–2022 (USD Million)
Table 56 Asia Pacific: Airborne Segment, By Type, 2015–2022 (USD Million)
Table 57 Asia Pacific Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 58 Asia Pacific Turret System Market Size, By Component, 2015–2022 (USD Million)
Table 59 Asia Pacific Turret System Market Size, By Country, 2015-2022 (USD Million)
Table 60 China Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 61 China Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 62 India Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 63 India Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 64 Australia Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 65 Australia Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 66 Japan Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 67 Japan Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 68 South Korea Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 69 South Korea Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 70 Rest of Asia Pacific Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 71 Rest of Asia Pacific Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 72 Middle East Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 73 Middle East: Land Segment, By Type, 2015–2022 (USD Million)
Table 74 Middle East: Vehicle Platform Subsegment, By Type, 2015–2022 (USD Million)
Table 75 Middle East: Naval Segment, By Type, 2015–2022 (USD Million)
Table 76 Middle East: Airborne Segment, By Type, 2015–2022 (USD Million)
Table 77 Middle East Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 78 Middle East Turret System Market Size, By Component, 2015–2022 (USD Million)
Table 79 Middle East Turret System Market Size, By Country, 2015-2022 (USD Million)
Table 80 Saudi Arabia Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 81 Saudi Arabia Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 82 Israel Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 83 Israel Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 84 Turkey Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 85 Turkey Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 86 Rest of Middle East Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 87 Rest of Middle East Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 88 Rest of the World Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 89 Rest of the World: Land Segment, By Type, 2015–2022 (USD Million)
Table 90 Rest of the World: Vehicle Platform Segment, By Type, 2015–2022 (USD Million)
Table 91 Rest of the World: Naval Segment, By Type, 2015–2022 (USD Million)
Table 92 Rest of the World: Airborne Segment, By Type, 2015–2022 (USD Million)
Table 93 Rest of the World Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 94 Rest of the World Turret System Market Size, By Component, 2015–2022 (USD Million)
Table 95 Rest of the World Turret System Market Size, By Country, 2015-2022 (USD Million)
Table 96 Africa Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 97 Africa Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 98 Latin America Turret System Market Size, By Platform, 2015–2022 (USD Million)
Table 99 Latin America Turret System Market Size, By Type, 2015–2022 (USD Million)
Table 100 Ranking of Key Players in the Turret System Market, 2017

List of Figures

Figure 1 Turret System Market Segmentation
Figure 2 Years Considered for the Study
Figure 3 Turret System Market: Research Flow
Figure 4 Turret System Market: Research Design
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Data Triangulation
Figure 9 Assumptions of the Research Study
Figure 10 Turret System Market, By Platform, 2017- 2022 (USD Billion)
Figure 11 Turret System Market, By Type, 2017-2022 (USD Billion)
Figure 12 Turret System Market, By Component, 2017-2022 (USD Billion)
Figure 13 The Asia Pacific Turret System Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 14 Contracts are the Key Growth Strategy Adopted By Players in the Turret System Market Between January 2014 and September 2017
Figure 15 Refurbishment of the Existing Warfare Platforms is Expected to Drive the Growth of the Turret System Market During the Forecast Period
Figure 16 The Offshore Patrol Vessels Naval Platform Segment is Projected to Lead the Turret System Market From 2017 to 2022
Figure 17 The Unmanned Aerial Vehicles Airborne Platform Segment is Projected to Lead the Turret System Market From 2017 to 2022
Figure 18 The Armored Fighting Vehicles Land Platform Segment is Expected to Lead the Turret System Market in 2017
Figure 19 Among Components, the Turret Control Unit Segment is Estimated to Account for the Largest Share of the Turret System Market in 2017
Figure 20 Israel is Estimated to Account for the Largest Share of the Middle East Turret System Market in 2017
Figure 21 Turret System Market: Drivers, Restraints, Opportunities, and Challenges
Figure 22 Decrease in the Number of Casualties Suffered By Nato Forces in Afghanistan After Adoption of Unmanned Turret System, 2010-2014
Figure 23 Reasons for Failure of Turret Systems
Figure 24 Increase in Military Budgets of China and India Due to Ongoing Military Modernization Programs (2014 to 2016)
Figure 25 Power Management in Turret System
Figure 26 Advantages Offered By Turret System
Figure 27 Technology Trends in Turret System
Figure 28 Hybrid Power Systems
Figure 29 Benefits Offered By Hybrid Power Systems
Figure 30 Functions Performed By Advanced Control Software in Turret Systems
Figure 31 The Land Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 32 The Unmanned Segment is Projected to Grow at A Higher CAGR During the Forecast Period
Figure 33 The Turret Drive Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 34 Regional Snapshot
Figure 35 North America Turret System Market Snapshot
Figure 36 Europe Turret System Market Snapshot
Figure 37 Asia Pacific Turret System Market Snapshot
Figure 38 Middle East Turret System Market Snapshot
Figure 39 Market Ranking Analysis of Key Players, 2017
Figure 40 Moog Inc.: Company Snapshot
Figure 41 Jenoptik AG: Company Snapshot
Figure 42 Otokar: Company Snapshot
Figure 43 Elbit Systems: Company Snapshot
Figure 44 CMI Group: Company Snapshot
Figure 45 Rheinmetall: Company Snapshot
Figure 46 Bae Systems: Company Snapshot
Figure 47 Curtiss-Wright: Company Snapshot
Figure 48 Woodward: Company Snapshot
Figure 49 Leonardo: Company Snapshot
Figure 50 Turret System Market Segmentation

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