Market by Machinery, Medium, Product Type, and Country Outlook | Forecast 2023-2030
A study by Triton Market Research on the military optronics surveillance and sighting systems market in Europe puts forth that it would advance with a CAGR of 5.58% in the forecast years from 2023 to 2030.
The countries included in this market are:
• Belgium
• The
United Kingdom
• Italy
• Spain
• Germany
• France
• Rest
of Europe
Germany
is the leading market for military optronics surveillance and sighting systems
in Europe, accounting for the highest revenue in 2022. The growth of the European market has been
encouraged by the increasing trade and political alliances among countries in
the region. Also, several governments in the EU view the increase in the number
of refugees crossing borders as a security threat, which has prompted enhanced
border monitoring and surveillance.
Germany, France, and Spain have agreed to
collaborate for developing new fighter planes as part of their alliance. It
will include next-generation manned & unmanned aerial vehicles, which will
be essential for Europe to strengthen its defense sector and compete with China
and the United States. It is one of Europe’s largest defense projects, with an
estimated cost of over $121.4 billion. Such favorable associations are
anticipated to boost the military optronics surveillance and sighting systems
market in the region over the forecasted period.
The Italian army is set for
modernization with the addition of new and improved 88 VBM armored
fighting vehicles, and new fleets of medium multi-purpose tactical vehicles
(VTMM), infantry fighting vehicles (IFV), amphibious armored vehicles (VBA),
light multirole tactical vehicles (VTLM), and new special forces tactical
vehicles. Additionally, it has purchased 800 new-gen medium- & long-range
missiles and 126 SPIKE antitank missile launchers. This indicates notable
growth for the country’s military optronics surveillance and sighting systems
market in the years to come.
Advanced technologies, such as multispectral
imaging, are being increasingly used in aerial optronics like unmanned aerial
vehicles (UAVs). These UAVs are equipped and upgraded with high-resolution
cameras and optronics, as well as infrared systems for efficient surveillance.
Triton’s
report assesses the market based on medium, machinery, and product type. Here, the machinery segment comprises aerial,
land, and marine.
The
distinguished players in the military optronics surveillance and sighting
systems market include Safran Group, Rafael Advanced Defense Systems Ltd,
Israel Aerospace Industries, Northrop Grumman Corporation, and Lockheed Martin
Corporation.
Airbus Group SE is a multinational company
engaged in the design, manufacture, and delivery of aerospace products,
solutions, and services to end-users worldwide. The company offers commercial
aircraft, corporate jets, passenger aircraft, military aircraft, navigation
systems, orbital systems, space exploration systems, telecom satellites, earth
observations systems, and unmanned aerial systems (UAS). Some of its key
products include Eurofighter Typhoon, Do-DT25, and Sirtap. The company was
founded in 1965, and is headquartered in Leiden, the Netherlands.
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 Europe 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 Europe
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. EUROPE
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. EUROPE
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. EUROPE
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET OUTLOOK – BY MEDIUM
4.1. LAND
4.2. AERIAL
4.3. MARINE
5. EUROPE
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. EUROPE
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET – COUNTRY OUTLOOK
6.1. EUROPE
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. UNITED
KINGDOM
6.1.4.1.1. UNITED
KINGDOM MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST
& PROSPECTS
6.1.4.2. GERMANY
6.1.4.2.1. GERMANY
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST &
PROSPECTS
6.1.4.3. FRANCE
6.1.4.3.1. FRANCE
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST &
PROSPECTS
6.1.4.4. ITALY
6.1.4.4.1. ITALY
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST &
PROSPECTS
6.1.4.5. SPAIN
6.1.4.5.1. SPAIN
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST &
PROSPECTS
6.1.4.6. BELGIUM
6.1.4.6.1. BELGIUM
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST &
PROSPECTS
6.1.4.7. REST
OF EUROPE
6.1.4.7.1. REST
OF EUROPE 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: EUROPE 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: EUROPE MILITARY
OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MACHINERY, 2023-2030 (IN
$ MILLION)
TABLE 10: EUROPE MILITARY
OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MEDIUM, 2023-2030 (IN $
MILLION)
TABLE 11: EUROPE MILITARY
OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY PRODUCT TYPE, 2023-2030
(IN $ MILLION)
TABLE 12: EUROPE 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: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
MACHINERY, 2022 & 2030 (IN %)
FIGURE
6: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY IMAGE
INTENSIFIERS, 2023-2030 (IN $ MILLION)
FIGURE
7: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
MILITARY LASER SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE
8: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
ELECTRO-OPTICS/INFRARED SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE
9: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
MEDIUM, 2022 & 2030 (IN %)
FIGURE
10: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
LAND, 2023-2030 (IN $ MILLION)
FIGURE
11: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
AERIAL, 2023-2030 (IN $ MILLION)
FIGURE
12: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
MARINE, 2023-2030 (IN $ MILLION)
FIGURE
13: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
PRODUCT TYPE, 2022 & 2030 (IN %)
FIGURE
14: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
NIGHT VISION DEVICES, 2023-2030 (IN $ MILLION)
FIGURE
15: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
HANDHELD THERMAL IMAGING DEVICES, 2023-2030 (IN $ MILLION)
FIGURE
16: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
INTEGRATED OBSERVATION EQUIPMENT, 2023-2030 (IN $ MILLION)
FIGURE
17: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
STANDALONE INFRARED DEVICES, 2023-2030 (IN $ MILLION)
FIGURE
18: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
SEISMIC AND ACOUSTIC SENSORS, 2023-2030 (IN $ MILLION)
FIGURE
19: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
OTHER PRODUCT TYPES, 2023-2030 (IN $ MILLION)
FIGURE
20: EUROPE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, COUNTRY
OUTLOOK, 2022 & 2030 (IN %)
FIGURE
21: UNITED KINGDOM MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET
2023-2030 (IN $ MILLION)
FIGURE
22: GERMANY MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET
2023-2030 (IN $ MILLION)
FIGURE
23: FRANCE MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET
2023-2030 (IN $ MILLION)
FIGURE
24: ITALY MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET 2023-2030
(IN $ MILLION)
FIGURE
25: SPAIN MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET 2023-2030
(IN $ MILLION)
FIGURE
26: BELGIUM MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET
2023-2030 (IN $ MILLION)
FIGURE
27: REST OF EUROPE 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)