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Global Close-In Weapon Systems (CIWS) Market Size By Technology, By Engagement Envelope and Range, By End-User, By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Close-In Weapon Systems (CIWS) Market Size By Technology, By Engagement Envelope and Range, By End-User, By Geographic Scope And Forecast

Close-In Weapon Systems (CIWS) Market Size and Forecast

Close-In Weapon Systems (CIWS) Market size was valued at USD 4.5 Billion in 2023 and is projected to reach USD 7.4 Billion by 2030, growing at a CAGR of 7.8% during the forecasted period 2024 to 2030.

Global Close-In Weapon Systems (CIWS) Market Drivers

The growth and development of the Close-In Weapon Systems (CIWS) Market drivers. These factors have a big impact on how Close-In Weapon Systems (CIWS) are demanded and adopted in different sectors. Several of the major market forces are as follows

  • Growing Danger of Asymmetric Warfare To safeguard naval ships and vital infrastructure, close-quarters defence systems are becoming more and more necessary due to the growing threat of asymmetric warfare, which includes the employment of unmanned aerial vehicles (UAVs) and small, nimble threats.
  • Expanding Naval Modernization Initiatives To improve their capabilities, naval forces throughout the world are investing in modernization initiatives. CIWS is a vital part of naval defence since it shields the fleet from aerial threats like drones and anti-ship missiles.
  • Missile Technology Proliferation Ground and naval installations are seriously threatened by the spread of sophisticated missile technologies. In order to protect against guided rockets, anti-ship missiles, and other precision-directed weapons, CIWS is an essential first line of defence.
  • Growing UAV Threats Effective close-quarters defence systems are required due to the growing usage of unmanned aerial vehicles (UAVs) for observation, reconnaissance, and possibly even as weapon delivery systems. CIWS is able to quickly identify and neutralise minor UAV threats.
  • Naval Platforms There is a rising need for CIWS on a variety of naval platforms, such as aircraft carriers, destroyers, frigates, and other vessels, as a result of the increased emphasis on naval power projection and maritime security.
  • Global Terrorism Rise As a result of the threat posed by terrorism, military installations, vital infrastructure, and naval assets are now subject to stricter security measures. When it comes to possible terrorist threats, particularly those posed by tiny boats and low-flying aircraft, CIWS offers a prompt response.
  • Upgrade and Retrofitting Programmes To improve their capabilities and stay up to date with changing threats, numerous nations are investing in the upgrade and retrofitting of their current CIWS systems. Programmes for upgrades support ongoing demand in the CIWS industry.
  • Integration with Advanced Command and Control Systems By integrating CIWS with these systems, situational awareness and reaction times are improved overall. The need for CIWS as a crucial component is driven by the trend towards integrated defence systems.
  • Emphasis on Multilayered Defence Systems To counter a range of threats, military policies are placing a greater emphasis on multilayered defence systems. As an additional short-range defence layer to other missile defence systems, CIWS improves defence capabilities overall.
  • Geopolitical Tensions and Maritime Security Concerns The need for CIWS is influenced by geopolitical tensions and worries about maritime security, particularly in areas where naval operations are becoming more intense. Protecting territorial seas and international trade channels is a major responsibility of CIWS.

Global Close-In Weapon Systems (CIWS) Market Restraints

The Global Close-In Weapon Systems (CIWS) Market has a lot of room to grow, but there are several industry limitations that could make it harder for it to do so. It’s imperative that industry stakeholders comprehend these difficulties. Among the significant market limitations are

  • High Acquisition Costs With their sophisticated radar, tracking, and fire capabilities, CIWS systems are defence technologies of the highest calibre. For some nations or military groups with little funding, the high initial acquisition price can be a major barrier.
  • Complexity of Integration It can take a lot of effort and time to integrate CIWS into already-existing ground or naval systems. The host platform may need to be modified as part of the integration process, which could result in extra expenses and delays.
  • Limited Engagement Envelope and Range Close-quarters warfare systems are made for close quarters combat, and their efficiency is constrained to short ranges. Due to this limitation, CIWS might not be able to intercept threats at farther distances, requiring the deployment of additional defence systems.
  • Vulnerability to Overwhelming Attacks Although CIWS systems are effective against lone or small groups of attackers, a saturation strike involving many missiles or drones at once may overwhelm them. This weakness can restrict their usefulness in some situations.
  • Quick Technological Advancements in Threats CIWS has a challenge from the quick technological advancements in drone and missile systems, as new threats have the potential to surpass the capabilities of current systems. For this dynamic landscape to remain effective, updates and upgrades must be made on a regular basis.
  • Limited Effectiveness Against Stealth Technology Low observable aircraft and missiles engineered to avoid radar detection are examples of stealthy threats that CIWS systems may have trouble identifying and countering. This restriction can make them less effective in some situations.
  • Export Control Restrictions Because CIWS technologies are essential defence assets, they can be restricted from being exported. This could hinder the transfer and international trade of CIWS systems, which would hinder manufacturers’ ability to expand their market share.
  • Environmental and Safety Concerns Firing CIWS systems may cause environmental and safety issues because it uses high-caliber ammunition. The deployment of CIWS in some areas may be restricted due to stray projectiles or environmental effects.
  • Interoperability Challenges It might be difficult to integrate CIWS systems into international defence systems or to make them work with systems from various manufacturers. A lack of standardisation could make collaboration difficult.
  • Lower Naval Budgets The purchase and implementation of CIWS systems may be constrained by financial restrictions on naval defence spending. The expansion of the market for CIWS manufacturers may be impacted by reduced defence budgets in some areas.

Global Close-In Weapon Systems (CIWS) Market Segmentation Analysis

The Close-In Weapon Systems (CIWS) Market is Segmented on the basis of Technology, Engagement Envelope and Range, End-User and Geography.

Close-In Weapon Systems (CIWS) Market, By Technology

  • Radar-Guided CIWS outfitted with radar devices for tracking, engagement, and target detection. CIWS guided by radar are effective against a variety of threats and in a variety of weather circumstances.
  • Electro-Optical CIWS Target engagement and tracking are accomplished by utilising electro-optical sensors, such as infrared and visible cameras. Radar-guided CIWS can be supplemented with electro-optical devices.

Close-In Weapon Systems (CIWS) Market, By End-User

  • Navies CIWS systems installed onto aircraft carriers, destroyers, frigates, and patrol boats for use in naval applications.
  • Army and Ground Forces CIWS systems are used for ground-based defence in order to safeguard forward operating bases, military installations, and other key places.

Close-In Weapon Systems (CIWS) Market, By Engagement Envelope and Range

  • Short-Range CIWS Made to engage targets at close range, usually a few km away. Suitable for protecting the protected platform from swift and nimble attacks.
  • Medium-Range CIWS Providing an expanded engagement envelope, these systems add another degree of security by defending against threats at considerably longer ranges.

Close-In Weapon Systems (CIWS) Market, By Geography

  • North America Due to US defence policies and navy modernization projects, this region may see large investments in CIWS technologies.
  • Europe The need for CIWS systems to improve maritime security may come from European nations, especially those with potent naval forces.
  • Asia-Pacific As nations like China and India’s naval capabilities advance, there may be a greater need for CIWS to safeguard maritime boundaries and naval assets.

Key Players

The Major players in the Close-In Weapon Systems (CIWS) Market are

  • Rafael Advanced Defense Systems (Israel)
  • Raytheon Technologies (USA)
  • Rheinmetall AG (Germany)
  • Leonardo S.p.A. (Italy)
  • China Aerospace Science and Industry Corporation (CASIC) (China)
  • Samsung Thales (South Korea)
  • BAE Systems (UK)
  • General Dynamics Corporation (USA)
  • ASELSAN AS (Turkey)
  • Israel Aerospace Industries (Israel)

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2030

Base Year

2023

Forecast Period

2024-2030

Historical Period

2020-2022

Unit

Value (USD Billion)

Key Companies Profiled

Rafael Advanced Defense Systems (Israel), Raytheon Technologies (USA), Rheinmetall AG (Germany), Leonardo S.p.A. (Italy), China Aerospace Science and Industry Corporation (CASIC) (China), Samsung Thales (South Korea), BAE Systems (UK), General Dynamics Corporation (USA), ASELSAN AS (Turkey), Israel Aerospace Industries (Israel)

Segments Covered

By Technology, By Engagement Envelope and Range, By End-User and By Geography.

Customization Scope

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