Market by Machinery, Medium, Product Type, and Country Outlook | Forecast 2023-2030
As per Triton Market Research’s study, the military optronics surveillance and sighting systems market in the Asia-Pacific is likely to expand with a CAGR of 6.60% over the forecast years from 2023 to 2030.
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The countries evaluated in this region include:
• China
• Australia & New
Zealand
• Japan
• ASEAN Countries
• South Korea
• India
• Rest of Asia-Pacific
India is expected to exhibit the fastest growth
in the Asia-Pacific market during the forecasted period. Rising military budgets, extensive focus on
R&D activities, as well increased domestic production of defense systems,
and the demand for military equipment & services have propelled the
military optronics surveillance and sighting systems market’s growth in the region.
However, some countries here are not fully equipped to purchase expensive
modern warfare systems, which can act as a hindrance to market growth.
India is said to have the second-largest military in the world. Also,
its national government has accelerated its military modernization process due
to the shifting geopolitical environment and security scenario. The Ministry of
Defense’s (MoD) budget allocations for 2022-2023 have increased, amounting to
$70.6 billion. Further, owing to initiatives like “Make in India,” nearly 200
startups are now working on developing innovative defense technologies. These
efforts are expected to position the Indian market on a growth path.
In 2021, the government of Japan approved an additional $6.8 billion for
its FY2021 budget, bringing the total defense expenditure for that year to
$53.2 billion. This translated to an increase of 15% from the preceding year,
accounting for 1.09% of the country’s GDP. This additional funding has been
used to bolster missile defense & reconnaissance activities around Japanese
territorial seas & airspace and also to improve mobility & emergency
responses to defend the remote East China Sea islands. Such developments are
expected to significantly boost the military optics surveillance and spotting
systems market’s growth in the country.
Standalone infrared devices used in military applications have low-power
mil-spec design with an extended runtime. Such devices help improve the safety,
connectivity, and protection of troops on the battlefield. These devices help
in target acquisition, surveillance, as well as night vision and tracking. Due
to the standalone feature, these are highly preferred by infantrymen during
combat.
Triton’s report assesses the market based on
product type, machinery, and medium. Here, the product type segment comprises
standalone infrared devices, night vision devices, integrated observation
equipment, handheld thermal imaging devices, seismic and acoustic sensors, and
other devices.
The acclaimed players in the military optronics
surveillance and sighting systems market include BAE Systems PLC, Rafael
Advanced Defense Systems Ltd, Safran Group, and Israel Aerospace Industries.
Lockheed Martin Corporation is a leading name in the field of aerospace
and security, and offers technologically advanced products & systems for
civil, defense, and commercial purposes. The company operates broadly in the
Missiles and Fire Control, Aeronautics, Space, and Rotary and Mission Systems
business segments. Its product portfolio includes military & rotary-wing
aircraft, missiles & guided weapons, airlifters, ground vehicles, sensors,
radar systems, naval systems, and unmanned aerial systems. Established in 1912,
Lockheed Martin has business operations in the Asia-Pacific, among other regions.
Key deliverables of the report:
● Market CAGR during the forecasting years 2023-2030
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the military optronics surveillance and sighting systems market revenue growth in Asia-Pacific and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model
●
A wide-ranging study of factors that will challenge the
Asia-Pacific military optronics surveillance and sighting systems market’s
growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
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VIEW REPORT1. ASIA-PACIFIC
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. TECHNOLOGY
SNAPSHOT
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. MARKET
MATURITY ANALYSIS
2.4. INDUSTRY
COMPONENTS
2.4.1. RAW
MATERIAL SUPPLIERS
2.4.2. MANUFACTURERS
& DEFENSE OEM CONTRACTORS
2.4.3. END-USERS
2.5. KEY
BUYING IMPACT ANALYSIS
2.5.1. COMPETITIVE
PRICING
2.5.2. PRODUCT
FEATURES
2.5.3. BRAND
NAME
2.6. KEY
MARKET STRATEGIES
2.6.1. PRODUCT
LAUNCHES
2.6.2. COLLABORATIONS
2.6.3. BUSINESS
EXPANSIONS
2.6.4. ACQUISITIONS
2.7. MARKET
DRIVERS
2.7.1. ESCALATING
USE OF UNMANNED AERIAL VEHICLE (UAV) SYSTEMS
2.7.2. GROWING
COMPETITION AMONG COUNTRIES TO DEVELOP ADVANCED TECHNOLOGIES
2.7.3. SOARING
BORDER CONFLICTS AND STRAINED NEIGHBORING COUNTRY RELATIONS
2.7.4. ABILITY
OF MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS TO PROVIDE RAPID INTEL
2.8. MARKET
CHALLENGES
2.8.1. EXPENSIVE
MILITARY EQUIPMENT
2.8.2. INADEQUATE
SUPPLY OF MILITARY-GRADE CHIPS IN THE INDUSTRY
2.8.3. SURGE
IN CYBER ATTACKS ON DEFENSE SYSTEMS
2.9. MARKET
OPPORTUNITIES
2.9.1. USE OF
STEALTH TECHNOLOGY IN MILITARY
2.9.2. GROWING
DEMAND FOR COMBAT PROTECTIVE MILITARY EQUIPMENT
2.9.3. ADVANCEMENTS
IN RADAR TECHNOLOGIES
2.9.4. INCREASE
IN HYPERSONIC WEAPON TRIALS
2.10. ANALYST
PERSPECTIVE
3. ASIA-PACIFIC
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET OUTLOOK – BY
MACHINERY
3.1. IMAGE
INTENSIFIERS
3.2. MILITARY
LASER SYSTEMS
3.3. ELECTRO-OPTICS/INFRARED
SYSTEMS
4. ASIA-PACIFIC
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET OUTLOOK – BY MEDIUM
4.1. LAND
4.2. AERIAL
4.3. MARINE
5. ASIA-PACIFIC
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET OUTLOOK – BY
PRODUCT TYPE
5.1. NIGHT
VISION DEVICES
5.2. HANDHELD
THERMAL IMAGING DEVICES
5.3. INTEGRATED
OBSERVATION EQUIPMENT
5.4. STANDALONE
INFRARED DEVICES
5.5. SEISMIC
AND ACOUSTIC SENSORS
5.6. OTHER
PRODUCT TYPES
6. ASIA-PACIFIC
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET – COUNTRY OUTLOOK
6.1. ASIA-PACIFIC
6.1.1. MARKET
BY MACHINERY
6.1.2. MARKET
BY MEDIUM
6.1.3. MARKET
BY PRODUCT TYPE
6.1.4. COUNTRY
ANALYSIS
6.1.4.1. CHINA
6.1.4.1.1. CHINA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST &
PROSPECTS
6.1.4.2. JAPAN
6.1.4.2.1. JAPAN
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST &
PROSPECTS
6.1.4.3. INDIA
6.1.4.3.1. INDIA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST &
PROSPECTS
6.1.4.4. SOUTH
KOREA
6.1.4.4.1. SOUTH
KOREA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST
& PROSPECTS
6.1.4.5. ASEAN
COUNTRIES
6.1.4.5.1. ASEAN
COUNTRIES MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST
& PROSPECTS
6.1.4.6. AUSTRALIA
& NEW ZEALAND
6.1.4.6.1. AUSTRALIA
& NEW ZEALAND MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET
FORECAST & PROSPECTS
6.1.4.7. REST
OF ASIA-PACIFIC
6.1.4.7.1. REST
OF ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET
FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. LOCKHEED
MARTIN CORPORATION
7.1.1. OVERVIEW
7.1.2. FINANCIAL
OVERVIEW
7.1.3. PORTFOLIO
7.1.4. KEY
STRENGTHS
7.1.5. KEY
CHALLENGES
7.2. SAFRAN
GROUP
7.2.1. OVERVIEW
7.2.2. FINANCIAL
OVERVIEW
7.2.3. PORTFOLIO
7.2.4. KEY
STRENGTHS
7.2.5. KEY
CHALLENGES
7.3. THALES
GROUP
7.3.1. OVERVIEW
7.3.2. FINANCIAL
OVERVIEW
7.3.3. PORTFOLIO
7.3.4. KEY
STRENGTHS
7.3.5. KEY
CHALLENGES
7.4. BAE
SYSTEMS PLC
7.4.1. OVERVIEW
7.4.2. FINANCIAL
OVERVIEW
7.4.3. PORTFOLIO
7.4.4. KEY
STRENGTHS
7.4.5. KEY CHALLENGES
7.5. AIRBUS
GROUP SE
7.5.1. OVERVIEW
7.5.2. FINANCIAL
OVERVIEW
7.5.3. PORTFOLIO
7.5.4. KEY
STRENGTHS
7.5.5. KEY
CHALLENGES
7.6. GENERAL
DYNAMICS CORPORATION
7.6.1. OVERVIEW
7.6.2. FINANCIAL
OVERVIEW
7.6.3. PORTFOLIO
7.6.4. KEY
STRENGTHS
7.6.5. KEY
CHALLENGES
7.7. ISRAEL
AEROSPACE INDUSTRIES
7.7.1. OVERVIEW
7.7.2. FINANCIAL
OVERVIEW
7.7.3. PORTFOLIO
7.7.4. KEY
STRENGTHS
7.7.5. KEY
CHALLENGES
7.8. NORTHROP
GRUMMAN CORPORATION
7.8.1. OVERVIEW
7.8.2. FINANCIAL
OVERVIEW
7.8.3. PORTFOLIO
7.8.4. KEY
STRENGTHS
7.8.5. KEY
CHALLENGES
7.9. RAFAEL
ADVANCED DEFENSE SYSTEMS LTD
7.9.1. OVERVIEW
7.9.2. FINANCIAL
OVERVIEW
7.9.3. PORTFOLIO
7.9.4. KEY
STRENGTHS
7.9.5. KEY
CHALLENGES
7.10. RAYTHEON
TECHNOLOGIES CORPORATION
7.10.1. OVERVIEW
7.10.2. FINANCIAL
OVERVIEW
7.10.3. PORTFOLIO
7.10.4. KEY
STRENGTHS
7.10.5. KEY
CHALLENGES
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC MILITARY
OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY COUNTRY OUTLOOK,
2023-2030 (IN $ MILLION)
TABLE 2: LIST OF PRODUCT
LAUNCHES
TABLE 3: LIST OF
COLLABORATIONS
TABLE 4: LIST OF BUSINESS
EXPANSIONS
TABLE 5: LIST OF ACQUISITIONS
TABLE 6: BORDER DISPUTES
AROUND THE WORLD
TABLE 7: EXAMPLES OF COMMONLY
EMPLOYED MILITARY SURVEILLANCE ON BORDERS
TABLE 8: EXAMPLES OF STEALTH
WEAPONS IN MODERN WARFARE
TABLE 9: ASIA-PACIFIC MILITARY
OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MACHINERY, 2023-2030 (IN
$ MILLION)
TABLE 10: ASIA-PACIFIC
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MEDIUM,
2023-2030 (IN $ MILLION)
TABLE 11: ASIA-PACIFIC
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY PRODUCT TYPE,
2023-2030 (IN $ MILLION)
TABLE 12: ASIA-PACIFIC MILITARY
OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY COUNTRY OUTLOOK,
2023-2030 (IN $ MILLION)
FIGURE
1: TECHNOLOGY SNAPSHOT
FIGURE
2: MARKET MATURITY ANALYSIS
FIGURE
3: INDUSTRY COMPONENTS
FIGURE
4: KEY BUYING IMPACT ANALYSIS
FIGURE
5: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
MACHINERY, 2022 & 2030 (IN %)
FIGURE
6: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
IMAGE INTENSIFIERS, 2023-2030 (IN $ MILLION)
FIGURE
7: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
MILITARY LASER SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE
8: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
ELECTRO-OPTICS/INFRARED SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE
9: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
MEDIUM, 2022 & 2030 (IN %)
FIGURE
10: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY LAND, 2023-2030 (IN $ MILLION)
FIGURE
11: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY AERIAL, 2023-2030 (IN $ MILLION)
FIGURE
12: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY MARINE, 2023-2030 (IN $ MILLION)
FIGURE
13: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY PRODUCT TYPE, 2022 & 2030 (IN %)
FIGURE
14: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY NIGHT VISION DEVICES, 2023-2030 (IN $ MILLION)
FIGURE
15: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY HANDHELD THERMAL IMAGING DEVICES, 2023-2030 (IN $ MILLION)
FIGURE
16: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY INTEGRATED OBSERVATION EQUIPMENT, 2023-2030 (IN $ MILLION)
FIGURE
17: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY STANDALONE INFRARED DEVICES, 2023-2030 (IN $ MILLION)
FIGURE
18: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY SEISMIC AND ACOUSTIC SENSORS, 2023-2030 (IN $ MILLION)
FIGURE
19: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY OTHER PRODUCT TYPES, 2023-2030 (IN $ MILLION)
FIGURE
20: ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE
21: CHINA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET 2023-2030
(IN $ MILLION)
FIGURE
22: JAPAN MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET 2023-2030
(IN $ MILLION)
FIGURE
23: INDIA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET 2023-2030
(IN $ MILLION)
FIGURE
24: SOUTH KOREA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET
2023-2030 (IN $ MILLION)
FIGURE
25: ASEAN COUNTRIES MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET
2023-2030 (IN $ MILLION)
FIGURE
26: AUSTRALIA & NEW ZEALAND MILITARY OPTRONICS SURVEILLANCE AND SIGHTING
SYSTEMS MARKET 2023-2030 (IN $ MILLION)
FIGURE
27: REST OF ASIA-PACIFIC MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS
MARKET 2023-2030 (IN $ MILLION)
FIGURE
28: LOCKHEED MARTIN CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
29: LOCKHEED MARTIN CORPORATION – COMPANY OPERATING PROFIT 2017-2021 (IN $
MILLION)
FIGURE
30: LOCKHEED MARTIN CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $
MILLION)
FIGURE
31: LOCKHEED MARTIN CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $
MILLION)
FIGURE
32: SAFRAN GROUP – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
33: SAFRAN GROUP – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
34: SAFRAN GROUP – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE
35: SAFRAN GROUP – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE
36: THALES GROUP – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
37: THALES GROUP – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
38: THALES GROUP – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE
39: THALES GROUP – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE
40: BAE SYSTEMS PLC – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
41: BAE SYSTEMS PLC – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
42: BAE SYSTEMS PLC – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE
43: BAE SYSTEMS PLC – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE
44: AIRBUS GROUP SE – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
45: AIRBUS GROUP SE – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
46: AIRBUS GROUP SE – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE
47: AIRBUS GROUP SE – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE
48: GENERAL DYNAMICS CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
49: GENERAL DYNAMICS CORPORATION – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
50: GENERAL DYNAMICS CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $
MILLION)
FIGURE
51: GENERAL DYNAMICS CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $
MILLION)
FIGURE
52: ISRAEL AEROSPACE INDUSTRIES – COMPANY NET REVENUE 2019-2021 (IN $ MILLION)
FIGURE
53: ISRAEL AEROSPACE INDUSTRIES – COMPANY NET PROFIT 2019-2021 (IN $ MILLION)
FIGURE
54: NORTHROP GRUMMAN CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
55: NORTHROP GRUMMAN CORPORATION – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
56: NORTHROP GRUMMAN CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $
MILLION)
FIGURE
57: NORTHROP GRUMMAN CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $
MILLION)
FIGURE
58: RAYTHEON TECHNOLOGIES CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $
MILLION)
FIGURE
59: RAYTHEON TECHNOLOGIES CORPORATION – COMPANY NET PROFIT 2017-2021 (IN $
MILLION)
FIGURE
60: RAYTHEON TECHNOLOGIES CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN
$ MILLION)
FIGURE
61: RAYTHEON TECHNOLOGIES CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $
MILLION)