The face of global warfare is constantly changing with the innovation of newer technologies. The demand for night vision goggles have risen to a peak owing to the increasing need for night surveillance. Pertaining to this fact, several defense equipment contractors are innovating robust systems and thermal imaging is one of the attractive technologies. The demand for thermal imaging among the land forces (army), naval forces, as well as air forces is anticipated to surge over the year, thereby, catalyzing the military thermal imaging market in the coming years.
MARKET DYNAMICS
The military thermal imaging market is throttling at a fair pace among the military forces in the developed regions, and few developing countries. Increasing awareness among the military forces related to the advanced technology is allowing the manufacturers to witness higher demand for their thermal imagers. This factor is pacing up the military thermal imaging market. Also, the presence of well-established and industry recognized military contractor brands in the military thermal imaging market, is facilitating the military forces to procure such advanced technologies with ease. This factor is also boosting the military thermal imaging market. Rising demand for the thermal imagers from various military forces in the emerging countries would benefit the military thermal imaging market players, which would ultimately rise the military thermal imaging market in the future.
MARKET SCOPE
The "Global Military Thermal Imaging Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the global military thermal imaging market with detailed market segmentation by imaging module, technology, application, end user, and geography. The global military thermal imaging market is expected to witness substantial growth during the forecast period. The report provides key statistics on the market status of the leading military thermal imaging market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global military thermal imaging market is segmented on the imaging module, technology, application, and end users. On the basis of imaging module, the military thermal imaging market is segmented into camera and scope. On the basis of technology, the military thermal imaging market is segmented into portable and fixed. On the basis of technology, the military thermal imaging market is segmented into line security & surveillance, monitoring & inspection, target detection, situational awareness, and others. The end users in military thermal imaging market has been categorized as army, navy, and air force.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global military thermal imaging market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The military thermal imaging market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of fourteen countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the military thermal imaging market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces on a global scenario.
MARKET PLAYERS
The reports cover key developments in the military thermal imaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from military thermal imaging market are anticipated to lucrative growth opportunities in the future with the rising demand for military thermal imaging in the global market. Below mentioned is the list of few companies engaged in the military thermal imaging market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the military thermal imaging market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- BAE Systems
- Elbit Systems Ltd.
- FLIR Systems
- L3 Harris Corporation
- Leonardo S.p.A
- Lockheed Martin Corporation
- Opgal
- Rheinmetall AG
- Teledyne Technologies Inc.
- Thales Group