Global Close-in Weapon Systems Market Size To Exceed USD 15.73 Billion By 2033: Forecast Analysis Report

Global Close-in Weapon Systems Market Size To Exceed USD 15.73 Billion By 2033 

According to a research report published by Spherical Insights & Consulting, The Global Close-in Weapon Systems Market Size is Expected to Grow from USD 6.33 Billion in 2023 to USD 15.73 Billion by 2033, at a CAGR of 9.53% during the forecast period 2023-2033.     

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Close-in Weapon Systems Market Size, Share, and COVID-19 Impact Analysis, By Type (Gun-Based and Missile-Based), By Platform (Terrestrial and Naval), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.  

The Close-In Weapon Systems (CIWS) market encompasses the global industry involved in the development, production, and deployment of point-defense weapon systems designed to detect and neutralize short-range threats such as missiles, drones, and aircraft. These systems are primarily installed on naval vessels but are also adapted for land and aerial platforms. CIWS typically employ radar-guided targeting mechanisms and rapid-fire guns or missiles to provide a last line of defense against incoming threats. Moreover, the Close-In Weapon Systems (CIWS) market is driven by increasing global defense spending, rising threats from missiles, drones, and asymmetric warfare, and the need for advanced ship protection. Technological advancements, including automation, AI integration, and precision targeting systems, further fuel demand for modern, efficient, and reliable point-defense solutions across military platforms. However, the CIWS market is restrained by high costs, integration challenges, limited effectiveness against advanced threats, and strict export regulations, especially impacting adoption in regions with limited defense budgets or infrastructure.

The gun-based segment accounted for the largest share of the global close-in weapon systems market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.  

Based on type, the global close-in weapon systems market is divided into gun-based and missile-based. Among these, the gun-based segment accounted for the largest share of the global close-in weapon systems market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is due to their rapid-fire capability, cost-effectiveness, and proven reliability in intercepting short-range threats. These systems are widely deployed on naval vessels, offering continuous operation and easier maintenance compared to missile-based systems, making them a preferred choice for many defense forces globally.   

The naval segment accounted for a substantial share of the global close-in weapon systems market in 2023 and is anticipated to grow at a rapid pace during the projected period.

On the basis of the platform, the global close-in weapon systems market is divided into terrestrial and naval. Among these, the naval segment accounted for a substantial share of the global close-in weapon systems market in 2023 and is anticipated to grow rapidly during the projected period.  This is driven by increasing maritime security concerns and the need to protect naval vessels from evolving threats. The deployment of CIWS on ships enhances their defensive capabilities against anti-ship missiles, aircraft, and other close-range threats.

North America is projected to hold the largest share of the global close-in weapon systems market over the projected period. 

North America is projected to hold the largest share of the global close-in weapon systems market over the projected period. This is driven by substantial defense budgets, advanced military infrastructure, and ongoing naval modernization programs. The United States, in particular, leads CIWS deployment and development, investing heavily in cutting-edge defense technologies to maintain maritime and aerial superiority.

Asia Pacific is expected to grow at the fastest CAGR of the global close-in weapon systems market during the projected period. This is driven by rising defense expenditures, growing regional tensions, and military modernization in countries like China, India, and South Korea. The increasing focus on naval expansion and the need to counter emerging threats contribute significantly to the region’s market growth.

Company Profiling

Major vendors in the global close-in weapon systems market are RTX Corporation, BAE Systems plc, Rheinmetall AG, Leonardo S.p.A., ASELSAN A.S., MBDA, Inc., THALES, Rafael Advanced Defense Systems Ltd., General Dynamics Corporation., and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In April 2023, the US Navy supplied Taiwan with eleven MK 15 Phalanx Block 1B, a 20*102 mm caliber-sized fast-reaction, detect-through-engage, radar-guided gun-based CIWS, and two more sets would be arriving by the end of this year.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global close-in weapon systems market based on the below-mentioned segments:

Global Close-in Weapon Systems Market, By Type

• Gun-Based
• Missile-Based

Global Close-in Weapon Systems Market, By Platform

• Terrestrial
• Naval

Global Close-in Weapon Systems Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa