A turret is a revolving armored structure on land, naval, and airborne platforms that provide stability and wide coverage to the weapons mounted on it. A turret provides azimuth and elevation motion control that enable weapons to focus on the target without requiring the platform to point at the target.

The deployment of turret systems can be on multiple platforms that can be stationary or moving, tracked or wheeled, etc. The operation can be remotely controlled (unmanned) or manned by a conventional crew.

The Turret System vendors are placed into 4 categories based on their performance and reviews in each criterion: “visionary leaders,” “innovators,” “dynamic differentiators,” and “emerging companies".

The companies that fall under this category generally receive high scores for most of the evaluation criteria. They have a well-established product portfolio and a very strong market presence. They offer mature and reputable products and services and have strong business strategies.

Dynamic differentiators are the established vendors of radar simulators with strong business strategies. However, they have weaker product portfolios as compared to their competitors. They generally focus on a specific type of technology related to a particular product.

Innovators are the vendors that have demonstrated substantial product innovations as compared to their competitors. They have an extensive product portfolio. However, they do not have very strong growth strategies for their overall business.

Vendors with niche product offerings, who have started to gain their foothold in the radar simulator market, fall under this category. They do not have strong business strategies as compared to other established vendors. They might be new entrants in the market and require some time before gaining significant traction in the market. North America is estimated to account for the largest share of the global turret system market. This share can be attributed to the need for unmanned warfare systems, military involvement in asymmetric warfare, and various military equipment modernization programs, which enable the regional major defense manufacturers to develop more techno-efficient turret system. Europe is estimated to account for second largest share of the global turret system market. Russia, Germany, the UK, France, and Rest of Europe are covered in this regional market analysis. With rapid advancements and adoption of military technologies in the region, Europe’s turret system market is projected to grow significantly. The APAC is estimated to account for third largest share of the global turret system market. China, India, Australia, Japan, South Korea, and Rest of APAC are covered in this regional market analysis. China is estimated to account for the largest share. The defense spending of China and India has increased in recent years. According to SIPRI, in 2016, China and India were among the world’s top five countries in terms of defense expenditure, with China ranking second and India ranking fifth in defense expenditure globally. Increased defense spending of emerging countries of the APAC region is among the major factors expected to drive growth of the regional turret system market.