Market by Machinery, Medium, Product Type, and Country Outlook | Forecast 2023-2030
As per Triton Market Research’s report, the military optronics surveillance and sighting systems market in Latin America would advance with a CAGR of 5.18% in the forecasting years from 2023 to 2030.
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The countries assessed in this region are:
• Mexico
• Brazil
• Rest of Latin America
Brazil accounts for the highest share in the
military optronics surveillance and sighting systems market in the region. The demand for military optronic surveillance
and sighting systems is expected to increase significantly in Latin America
over the next few years due to increased threat of terrorism. This is expected
to majorly contribute to the studied market’s growth.
However, these systems need to be properly maintained because of the
operational complexity involved in the assembly and maintenance of military
optronic surveillance and sighting systems. This requires specialized manpower,
and the lack of competent personnel severely hampers the growth of the market.
The government of Brazil spent more than $18.7 billion on commercial and
military jets in 2021. Also, in March 2020, Brazil and the United States signed
an agreement for research, development, testing, and evaluation (RDT&E) to
expand their opportunities for collaborating and sharing expertise on the
development of new defense capabilities. Such factors are expected to favorably
affect the military optronic surveillance and sighting systems market in
Brazil.
Colombia’s defense sector witnessed slow growth in 2019, mostly due to
financial constraints. However, it picked pace in 2020, with the military
expenditure reaching $9,216 million. Colombia will continue to be a major
importer of defense hardware with the aid of state-owned firms like CIAC
(aviation), INDUMIL (arms and ammunition), and COTECMAR (naval). These
developments are indicative of a positive outlook for the studied market in
Rest of Latin America.
Night vision devices (NVDs) are a critical component of modern warfare.
As the name suggests, they enable visibility at night, in the dark, as well as
under harsh weather conditions (such as fog, rain, and snow), and even through
dust & smoke. Sacrificial and telescopic lenses, as well as IR
illuminators, are also a part of several NVDs. They are available in the form
of monoculars, binoculars, goggles, and vision rifle scopes. All these devices
are used by military forces worldwide.
Triton’s report assesses the market according to
product type, medium, and machinery. Here, the product type segment comprises night
vision devices, integrated observation equipment, handheld thermal imaging devices,
standalone infrared devices, seismic and acoustic sensors, and other product
types.
The eminent players in the military optronics
surveillance and sighting systems market include Airbus Group SE, Lockheed
Martin Corporation, Raytheon Technologies Corporation, Israel Aerospace
Industries, and BAE Systems PLC.
Safran Group is a leading name in the field of aerospace, space, and
defense. The company’s business is organized under four segments: Aircraft
Equipment, Aerospace Propulsion, Aircraft Interiors & Holdings, Defense
& Aerosystems, and others. The company’s products and services are used by
many different airplane and helicopter manufacturers, including Airbus, Boeing,
Dassault Aviation, Bombardier, Embraer, Airbus Helicopters, and Leonardo. Founded
in 1896, the company has a business presence in South America.
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 Latin America 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 Latin
America 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. LATIN
AMERICA 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. LATIN
AMERICA 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. LATIN
AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET OUTLOOK –
BY MEDIUM
4.1. LAND
4.2. AERIAL
4.3. MARINE
5. LATIN
AMERICA 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. LATIN
AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET – COUNTRY
OUTLOOK
6.1. LATIN
AMERICA
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. BRAZIL
6.1.4.1.1. BRAZIL
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST &
PROSPECTS
6.1.4.2. MEXICO
6.1.4.2.1. MEXICO
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST &
PROSPECTS
6.1.4.3. REST
OF LATIN AMERICA
6.1.4.3.1. REST
OF LATIN AMERICA 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: LATIN AMERICA
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: LATIN AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MACHINERY,
2023-2030 (IN $ MILLION)
TABLE 10: LATIN AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MEDIUM,
2023-2030 (IN $ MILLION)
TABLE 11: LATIN AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY PRODUCT TYPE,
2023-2030 (IN $ MILLION)
TABLE 12: LATIN AMERICA
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: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY MACHINERY, 2022 & 2030 (IN %)
FIGURE
6: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY IMAGE INTENSIFIERS, 2023-2030 (IN $ MILLION)
FIGURE
7: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY MILITARY LASER SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE
8: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY ELECTRO-OPTICS/INFRARED SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE
9: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY MEDIUM, 2022 & 2030 (IN %)
FIGURE
10: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY LAND, 2023-2030 (IN $ MILLION)
FIGURE
11: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY AERIAL, 2023-2030 (IN $ MILLION)
FIGURE
12: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY MARINE, 2023-2030 (IN $ MILLION)
FIGURE
13: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY PRODUCT TYPE, 2022 & 2030 (IN %)
FIGURE
14: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY NIGHT VISION DEVICES, 2023-2030 (IN $ MILLION)
FIGURE
15: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY HANDHELD THERMAL IMAGING DEVICES, 2023-2030 (IN $ MILLION)
FIGURE
16: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY INTEGRATED OBSERVATION EQUIPMENT, 2023-2030 (IN $ MILLION)
FIGURE
17: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY STANDALONE INFRARED DEVICES, 2023-2030 (IN $ MILLION)
FIGURE
18: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY SEISMIC AND ACOUSTIC SENSORS, 2023-2030 (IN $ MILLION)
FIGURE
19: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
BY OTHER PRODUCT TYPES, 2023-2030 (IN $ MILLION)
FIGURE
20: LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET,
COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE
21: BRAZIL MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET
2023-2030 (IN $ MILLION)
FIGURE
22: MEXICO MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET
2023-2030 (IN $ MILLION)
FIGURE
23: REST OF LATIN AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS
MARKET 2023-2030 (IN $ MILLION)
FIGURE
24: LOCKHEED MARTIN CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
25: LOCKHEED MARTIN CORPORATION – COMPANY OPERATING PROFIT 2017-2021 (IN $
MILLION)
FIGURE
26: LOCKHEED MARTIN CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $
MILLION)
FIGURE
27: LOCKHEED MARTIN CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $
MILLION)
FIGURE
28: SAFRAN GROUP – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
29: SAFRAN GROUP – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
30: SAFRAN GROUP – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE
31: SAFRAN GROUP – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE
32: THALES GROUP – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
33: THALES GROUP – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
34: THALES GROUP – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE
35: THALES GROUP – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE
36: BAE SYSTEMS PLC – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
37: BAE SYSTEMS PLC – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
38: BAE SYSTEMS PLC – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE
39: BAE SYSTEMS PLC – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE
40: AIRBUS GROUP SE – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
41: AIRBUS GROUP SE – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
42: AIRBUS GROUP SE – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE
43: AIRBUS GROUP SE – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE
44: GENERAL DYNAMICS CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
45: GENERAL DYNAMICS CORPORATION – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
46: GENERAL DYNAMICS CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $
MILLION)
FIGURE
47: GENERAL DYNAMICS CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $
MILLION)
FIGURE
48: ISRAEL AEROSPACE INDUSTRIES – COMPANY NET REVENUE 2019-2021 (IN $ MILLION)
FIGURE
49: ISRAEL AEROSPACE INDUSTRIES – COMPANY NET PROFIT 2019-2021 (IN $ MILLION)
FIGURE
50: NORTHROP GRUMMAN CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE
51: NORTHROP GRUMMAN CORPORATION – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE
52: NORTHROP GRUMMAN CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE
53: NORTHROP GRUMMAN CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $
MILLION)
FIGURE
54: RAYTHEON TECHNOLOGIES CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $
MILLION)
FIGURE
55: RAYTHEON TECHNOLOGIES CORPORATION – COMPANY NET PROFIT 2017-2021 (IN $
MILLION)
FIGURE
56: RAYTHEON TECHNOLOGIES CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN
$ MILLION)
FIGURE
57: RAYTHEON TECHNOLOGIES CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $
MILLION)