Naval Close-in Weapon System (CIWS) Market Size, Share and Russia-Ukraine War Impact Analysis, By Type (Gun-based, Missile based, and Laser-based) By Caliber (20 mm, 30 mm, 35 mm, and 40 mm) By Range (Upto 2 Km, 2-4 Km, and Above 4 Km) By Component (Search and Tracking Radar, Ammunition, Guiding Mechanism, and Others), and Regional Forecast, 2024-2032

The global Naval Close in Weapon System Market is seeing remarkable growth, with a significant CAGR forecasted throughout the period up to 2032. The Naval Close-In Weapon Systems (CIWS) are defense systems that identify and intercept incoming short-range missiles primarily deployed on shipboards. It is either gun-based or missile-based or newly exploited to laser-based also and is often mounted on large vessels. Mostly, all classes of warship have equipped with a naval close-in weapon system.

Key Market Insights:

The Naval Close-In Weapon Systems (CIWS) is a growing market due to the rising military spending in both developed and developing economies, which protects national sovereignty by fortifying borders against external aggression and strengthens armed forces. The likelihood of foreign confrontations is rising, benefiting the market even more. For instance, as per the Department of Defense (D.O.D), the U.S. is investing USD 146 billion to strategically build and maintain warfighting forces in, of which USD 52.8 billion is for naval readiness in the year 2024.

Also, the increasing use of modern asymmetric warfare and the growing number of terrorism are the key drivers for the growth of the naval close-in weapon systems (CIWS) market. For example, use of Phalanx CIWS is used by U.S. Navy, Goalkeeper CIWS by Dutch Navy to defend watercraft automatically against incoming threats such as aircraft, missiles, and small boats.

The key restraining factor of the close-in weapon systems (CIWS) market is the complex system design and operational issues of automated weaponry. Also, regular maintenance of the system is needed for smooth use of the system.   

Impact of the Russia-Ukraine War on the Naval Close-in Weapon Systems (CIWS) Market:

The ongoing conflict of the Russia-Ukraine war has positively impacted the naval close-in weapon systems Market. Both countries are large players in naval weapons in the defense industry, and their conflict has led to a surge in demand for the CIWS market. CIWS was used in naval defense and also in the Russia-Ukraine war. For example, during the Russian invasion of Ukraine in April 2022, the Russian cruiser Moskva, the flagship of the Russian Navy’s Black Sea Fleet, sank. The United States later corroborated Ukrainian officials’ claims that their forces fired two R-360 Neptune anti-ship missiles at the ship, causing damage and fire. This example shows that the Russia-Ukraine war has boosted the Close-in Weapon Systems (CIWS) Market.

The Close-in Weapon Systems (CIWS) market is segmented into four types. By Type, it is segmented into gun-based, missile based and laser-based. Based on Caliber, the market is divided into 20 mm, 30 mm, 35 mm, and 40 mm. Based on Range, this market is fragmented into upto 2 Km, 2-4 Km and above 4 Km. On the basis of the component, the market is divided into search and tracking radar, ammunition, guiding mechanism and others. From a geographical view, the market is categorized into North America, Europe, Asia Pacific, and Rest of the World.

Key Insights:

The report will cover the following key insights:

• The report analyzes a detailed industry overview, including qualitative and quantitative information.


• The report analyzes an overview and forecast of the Close-in Weapon Systems (CIWS) Market based on various segments.


• The report also analyzes comprehensive PEST analysis for all four regions, i.e. North America, Europe, Asia-Pacific, and Rest of the World, after evaluating economic, social, political and technological factors affecting the impact of the Close-in Weapon Systems (CIWS) Market in these regions.

Regional Analysis:

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North America holds a sizable portion of the market and is predicted to remain prominent over the projection period. This can be ascribed to the U.S.’s rising military spending and the country’s expanding research and development efforts due to the nation’s developing terrorism-related issues.

Due to their increased spending on weapons systems, Asia Pacific region is anticipated to be key market for close-range weaponry. One of the biggest factors propelling the market’s expansion is probably China’s growing desire to retain its hegemony in the oceans. For instance, China increased its defense budget by a 7.2% increase to RMB 1.55 trillion (USD 224.68 billion) from RMB 1.45 trillion (USD 228.26 billion).

Key Players Covered:

• Breda and Oto Melara


• Thales Naval (Thales Group)


• Tulamashzavod


• Rheinmetall


• General Dynamics Corporation (Raytheon)


• Norinco


• Aselsan


• L3 Communication Ltd


• Lockheed Martin


• FABA Sistemas


• Others

Segmentation:

Key Industry Developments:

• In April 2023, U.S. Navy already has delivered eleven M.K. 15 Phalanx Block 1B, a 20*102 mm Caliber sized gun- based Fast-reaction, detect-through-engage, radar-guided CIWS to Taiwan, and another two sets will arrive by the end of this year.


• In March 2023, Raytheon Missiles and Defense, a US-based supplier of advanced technological military weapons, got a contract of USD 1.1 billion for M.K. 15 close-in weapon system (CIWS) upgrades and conversions overhauls and associated hardware to the U.S. Navy.