About Military Fire Control Systems
A fire-control system is designed to assist a ranged weapon system in targeting, tracking and hitting the target. Military fire control systems are integrated or mounted on naval fleets, weapons, aircraft, and vehicles. These systems assist in precise detection, tracking, aiming, and striking of an intended target. It helps in improving the efficiency of military operations. A military fire control system consists of a number of components such as electro-optical/infrared sensors, a global positioning systems (GPS), LASER, RADAR, or SONAR.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Military Fire Control Systems market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Elbit Systems (Israel), BAE Systems (United Kingdom), Lockheed Martin (United States), General Dynamics (United States), Safran (France), Rheinmetall (Germany), Bharat Electronics (India), Saab (Sweden), Leonardo (Italy) and Ultra Electronics (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Raytheon Company (United States), Aselsan A.S. (Turkey), Northrop Grumman (United States), Israel Aerospace Industries (Israel) and FN America LLC's (United States).
Segmentation Overview
AMA Research has segmented the market of Global Military Fire Control Systems market by Type (Gun Fire Control System, Electro-Optical Fire Control System, Artillery Fire Control System and Others), Application (Land Army, Air Force and Navy) and Region.
On the basis of geography, the market of Military Fire Control Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Mounting, the sub-segment i.e. Weapon Mounted will boost the Military Fire Control Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sensor Type, the sub-segment i.e. SONAR will boost the Military Fire Control Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Range, the sub-segment i.e. Short Range will boost the Military Fire Control Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of Automated Fire Control System (AFCS)
Market Growth Drivers:
Growing focus towards the deployment of precision-guided weapons owing to high accuracy and target finding are some of the key factors fuelling the demand of the military fire control systems market. and Increase in Terror Attacks through Sea and Increasing Illegal Dealings in Oceans
Challenges:
Integration of Automatic Weapon Systems with Wide Range of Platforms and Complexity and High Operational Cost
Restraints:
Low Defense Budget of Developing Economies
Opportunities:
Huge Research & Development Investments for Technological Advancements in Defense Operations, Advances in Thermal Capabilities, Data Display, and Weapons-Mounted Cameras and Next Generation Squad Weapons with Digital Fire Control System
Market Leaders and their expansionary development strategies
On April 5, 2019, Elbit Systems Ltd. has announced that it's United States subsidiary, Elbit Systems of America, LLC, has signed a definitive agreement with Harris Corporation for the acquisition of Harris' Night Vision business for a purchase price of USD 350 million., and In Nov.ember 2023, United Safety & Survivability Corporation, a global manufacturer of safety and survivability solutions, has acquired of Fire Protection Technologies, a PON CompanyThis acquisition underscores our commitment to targeted acquisitions that enhances our global footprint and product portfolio. We are excited to welcome Fire Protection Technologies into our global family and this acquisition will further strengthen our growing market share within the fire suppression industry.
Key Target Audience
Military Fire Control System Manufacturers, Components and Parts Suppliers, Military and Defence, Government and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.