Military Optronics Surveillance And Sighting Systems Market Scope And Analysis

Report Code : TIPRE00025007
Category : Aerospace and Defense

No. of Pages : 150

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Military Optronics Surveillance & Sighting Systems Market Scope and Analysis by 2031

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Military Optronics Surveillance & Sighting Systems Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 16.38 Billion
Market Size by 2031	US$ 26.35 Billion
Global CAGR (2023 - 2031)	6.1%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Technology Image Intensification Military Laser Systems Electro-Optics/Infrared By Device Type Night Vision Devices Handheld Thermal Imaging Devices Integrated Observation Equipment Standalone Infrared Seismic and Acoustic Sensors By Platform Ground Airborne Naval
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Airbus Lockheed Martin Corporation Thales Group General Dynamics Corporation L3Harris Technologies Inc Israel Aerospace Industries Leidos inc Rafael Advanced Defense Systems Ltd Raytheon Company

Military Optronics Surveillance & Sighting Systems Market News and Recent Developments

The military optronics surveillance & sighting systems market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the military optronics surveillance & sighting systems market are listed below:

L3Harris Technologies (NYSE:LHX) received a US$ 256 million order from the U.S. Army for continued production of the Enhanced Night Vision Goggle – Binocular (ENVG-B). This is the first order for the ENVG-B’s Program of Record full-scale production IDIQ, which will total nearly US$ 1 billion over 10 years. (Source: L3Harris Technologies Inc, Press Release, Apr 2024)

QinetiQ US, a leading defense company providing mission-critical solutions to create, test, and use the latest technologies to deliver real world advantages, announced today that the company has been awarded a single award Indefinite Delivery Indefinite Quantity (IDIQ) by the U.S. Army for a Digital Night Vision Technology (DNVT) contract worth up to US$ 92.6 million over four years. (Source: QinetiQ, Press Release, Mar 2023)

Military Optronics Surveillance & Sighting Systems Market Report Coverage and Deliverables

The “Military Optronics Surveillance & Sighting Systems Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Military optronics surveillance & sighting systems market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Military optronics surveillance & sighting systems market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed porter’s five forces analysis
Military optronics surveillance & sighting systems market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the military optronics surveillance & sighting systems market
Detailed company profiles