World News: 16:10 GMT Thursday 6th December 2018. [Research and Markets via Globe Newswire via SPi World News]
Dublin, Dec. 06, 2018 (GLOBE NEWSWIRE) -- The report has been added to offering.
The turret system market will register a CAGR of almost 7% by 2023.
The latest trend gaining momentum in the market is the advancements in combat training support equipment. According to the report, one of the major drivers for this market is the growing emphasis on securing national borders. Further, the report states that one of the major factors hindering the growth of this market is the possibilities of malfunctioning due to technological constraints.
The advancements in combat training support equipment to help the market grow. The significant rise in the incidences of terrorist activities demands for close-quarter warfare and long-range fighting situations. Thus, the need to enhance the accuracy levels of the weapons used in modern warfare has also evolved.
Sensor-based turret systems use a comprehensive array of sensors for identifying and designating targets at varying ranges. The prime objective of such systems is to identify and designate targets accurately without causing any civilian casualties. Thus, the concerns associated with the potential failure of turret system may lower the possible investment for R&D initiatives concerning the turret gun technology, which may have an adverse effect on the growth of the global turret system market.
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 07: CUSTOMER LANDSCAPEPART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORKPART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
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Related Topics: Missiles and Missiles Technology
Globe Newswire: 16:10 GMT Thursday 6th December 2018
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