The global Turret System Market is expected to grow from $10.8 billion in 2020 to $22.6 billion in 2027 at a CAGR of 11.2%. The market has grown due to increased interest in vehicle security, increased production of PCs and LCVs, and increased demand for electric vehicles. Premium car models will provide another sustainable and profitable revenue stream for vehicle access-based biometric systems in the automotive industry in the future.
The vehicle access control industry is driven by the increasing incidence of vehicle theft, increased awareness of vehicle security, increased production of passenger cars and light commercial vehicles, and growing preference for electric vehicles worldwide.
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Turret System Market Segments:
By Platform
• Land
• Naval
• Airborne
By Type
• Manned Turret
• Unmanned Turret
By Component
• Turret Drive
• Turret Control Unit
• Stabilization unit
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