Market by Machinery, Medium, Product Type, and Country Outlook | Forecast 2023-2030
Triton Market Research’s report shows that North America’s military optronics surveillance and sighting systems market would progress with a 5.62% CAGR in the forecasting years from 2023 to 2030.
The countries scrutinized in
this region include:
• The United States
• Canada
The United States is estimated to be the
fastest-growing market in the region, over the assessed period. In North America, the demand for military
optronics surveillance and sighting systems has witnessed considerable growth,
as the region accounts for the highest share in global arms export. Also, amid
rising political unrest around the world, the government of Canada has pledged
to increase its military expenditure. In 2022, it allocated around $6.5 billion
to the national defense budget, which is expected to propel the adoption of
military optronics surveillance and sighting systems in the country.
The government also announced spending $300 million for the purchase of
4,000 wearable communications suites, equipped with the necessary support
equipment and accessories. Additionally, it implemented the Sniper Systems
Project, through which it procured advanced sniper guns, cameras, night vision
systems, and ammo, offering enhanced concealment, load-carrying capabilities,
and personal protection for Canadian army snipers. With these developments,
Canada’s military optronics surveillance and sighting systems market is set for
growth.
In the United States, the American Army, Navy, Marine Corps, and Air
Force have purchased 600 Centaur robots, along with additional replacement
parts, antennas, and payload from Teledyne FLIR. Also, in October 2021, the US
Army signed a contract worth $54 million with Elbit Systems of America LLC to
continue manufacturing Enhanced Night Vision Goggle - Binoculars (ENVG-B).
Under this deal, the night vision goggles, renowned for their improved
situational awareness, have been further upgraded. The demand for military
optronic surveillance and sighting systems in the country is anticipated to
increase in the near future as spying operations expand.
Seismic and acoustic sensors are largely used in military applications.
Some of the advantages of these sensors include their capability to detect
& track targets in non-line-of-sight conditions, their ability to carry out
their mission in a docile way (no signals to give out their position), and also
their ability to exploit loud & distinctive emissions of vehicles and
weapons firings. Acoustic and seismic sensors are now also used in several
modern surveillance sensors. These are generally called Unattended Ground
Sensors (UGS) and are used in a range of applications, such as defense security,
monitoring, and surveillance.
Triton’s report assesses the market based on
product type, medium, and machinery. Here, the product type segment comprises seismic
and acoustic sensors, handheld thermal imaging devices, standalone infrared
devices, integrated observation equipment, night vision devices, and other
product types.
The notable players in the military optronics
surveillance and sighting systems market include Thales Group, Northrop Grumman
Corporation, General Dynamics Corporation, Airbus Group SE, and Rafael Advanced
Defense Systems Ltd.
Northrop Grumman Corporation is a renowned multinational company that operates
in the areas of aeronautics, space, defense, and cyberspace. The company has
functions in air, sea, land, cyber, and space divisions. Its capabilities and
technologies help it to deliver innovative platforms, systems, and solutions in
manned & autonomous airborne systems; strategic deterrence systems; space;
missile defense; weapons systems; cyber; logistics; C4ISR; hypersonics; and
modernization. The company was founded in 1939 as Northrop Aircraft
Incorporated, and is currently headquartered in Virginia, the United States.
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 North 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 Analysis Model
●
A wide-ranging study of factors that will challenge the North
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. NORTH
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. NORTH
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. NORTH
AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET OUTLOOK –
BY MEDIUM
4.1. LAND
4.2. AERIAL
4.3. MARINE
5. NORTH
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. NORTH
AMERICA MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET – COUNTRY
OUTLOOK
6.1. NORTH
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. UNITED
STATES
6.1.4.1.1. UNITED
STATES MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET FORECAST
& PROSPECTS
6.1.4.2. CANADA
6.1.4.2.1. CANADA
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: NORTH 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: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MACHINERY,
2023-2030 (IN $ MILLION)
TABLE 10: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MEDIUM,
2023-2030 (IN $ MILLION)
TABLE 11: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY PRODUCT TYPE,
2023-2030 (IN $ MILLION)
TABLE 12: NORTH 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: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MACHINERY, 2022
& 2030 (IN %)
FIGURE 6: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY IMAGE
INTENSIFIERS, 2023-2030 (IN $ MILLION)
FIGURE 7: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MILITARY LASER
SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE 8: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY
ELECTRO-OPTICS/INFRARED SYSTEMS, 2023-2030 (IN $ MILLION)
FIGURE 9: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MEDIUM, 2022
& 2030 (IN %)
FIGURE 10: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY LAND, 2023-2030
(IN $ MILLION)
FIGURE 11: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY AERIAL,
2023-2030 (IN $ MILLION)
FIGURE 12: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY MARINE,
2023-2030 (IN $ MILLION)
FIGURE 13: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY PRODUCT TYPE,
2022 & 2030 (IN %)
FIGURE 14: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY NIGHT VISION
DEVICES, 2023-2030 (IN $ MILLION)
FIGURE 15: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY HANDHELD
THERMAL IMAGING DEVICES, 2023-2030 (IN $ MILLION)
FIGURE 16: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY INTEGRATED
OBSERVATION EQUIPMENT, 2023-2030 (IN $ MILLION)
FIGURE 17: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY STANDALONE
INFRARED DEVICES, 2023-2030 (IN $ MILLION)
FIGURE 18: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY SEISMIC AND
ACOUSTIC SENSORS, 2023-2030 (IN $ MILLION)
FIGURE 19: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, BY OTHER PRODUCT
TYPES, 2023-2030 (IN $ MILLION)
FIGURE 20: NORTH AMERICA
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET, REGIONAL OUTLOOK,
2022 & 2030 (IN %)
FIGURE 21: UNITED STATES
MILITARY OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET 2023-2030 (IN $
MILLION)
FIGURE 22: CANADA MILITARY
OPTRONICS SURVEILLANCE AND SIGHTING SYSTEMS MARKET 2023-2030 (IN $ MILLION)
FIGURE 23: LOCKHEED MARTIN
CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE 24: LOCKHEED MARTIN
CORPORATION – COMPANY OPERATING PROFIT 2017-2021 (IN $ MILLION)
FIGURE 25: LOCKHEED MARTIN
CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE 26: LOCKHEED MARTIN
CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE 27: SAFRAN GROUP –
COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE 28: SAFRAN GROUP –
COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE 29: SAFRAN GROUP –
COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE 30: SAFRAN GROUP –
COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE 31: THALES GROUP –
COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE 32: THALES GROUP –
COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE 33: THALES GROUP –
COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE 34: THALES GROUP –
COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE 35: BAE SYSTEMS PLC –
COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE 36: BAE SYSTEMS PLC –
COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE 37: BAE SYSTEMS PLC –
COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE 38: BAE SYSTEMS PLC –
COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE 39: AIRBUS GROUP SE –
COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE 40: AIRBUS GROUP SE –
COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE 41: AIRBUS GROUP SE –
COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE 42: AIRBUS GROUP SE –
COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE 43: GENERAL DYNAMICS
CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE 44: GENERAL DYNAMICS
CORPORATION – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE 45: GENERAL DYNAMICS
CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE 46: GENERAL DYNAMICS
CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE 47: ISRAEL AEROSPACE
INDUSTRIES – COMPANY NET REVENUE 2019-2021 (IN $ MILLION)
FIGURE 48: ISRAEL AEROSPACE
INDUSTRIES – COMPANY NET PROFIT 2019-2021 (IN $ MILLION)
FIGURE 49: NORTHROP GRUMMAN
CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE 50: NORTHROP GRUMMAN
CORPORATION – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE 51: NORTHROP GRUMMAN
CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE 52: NORTHROP GRUMMAN
CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)
FIGURE 53: RAYTHEON
TECHNOLOGIES CORPORATION – COMPANY NET REVENUE 2017-2021 (IN $ MILLION)
FIGURE 54: RAYTHEON
TECHNOLOGIES CORPORATION – COMPANY NET PROFIT 2017-2021 (IN $ MILLION)
FIGURE 55: RAYTHEON
TECHNOLOGIES CORPORATION – COMPANY REVENUE, BY SEGMENTS, 2021 (IN $ MILLION)
FIGURE 56: RAYTHEON
TECHNOLOGIES CORPORATION – COMPANY REVENUE, BY REGIONS, 2021 (IN $ MILLION)