About Military Imaging System
Military imaging systems are advanced techniques for capturing high-resolution 3-D images from long distances. These imaging systems are better compared to conventional optical systems as they can operate in dark environmental conditions, have improved visibility, and enhance the clarity of objects with the help of infrared light. Increasing use of these systems for border patrolling & security and the introduction of high definition imaging technologies are the key driving factor for the market. The emergence of a variety of radar, optronic, and Infra-Red sensors to guide gunfire is expected to improve the effectiveness and accuracy of gunfire. The global military imaging system market is anticipated to witness significant growth during the forecast period.
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 Imaging System 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.
FLIR Systems Inc. (United States), Teledyne Technologies Inc. (United States), Thales Group (France), L3 Technologies Inc. (United States), Lockheed Martin Corporation (United States), BAE Systems (United States), Raytheon Company (United States), Harris Corporation (United States), General Dynamics Mission Systems Inc. (United States) and Leonardo DRS (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Headwall Photonics, Inc. (United States), Specim, Spectral Imaging Ltd. (Finland), Norsk Elektro Optikk AS (Norway), Corning Incorporated (United States) and Resonon, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Military Imaging System market by Type (Thermal Imaging, Hyperspectral Imaging and Multispectral Imaging), Application (Security And Surveillance, Monitoring And Inspection and Detection) and Region.
On the basis of geography, the market of Military Imaging System 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 Platform, the sub-segment i.e. Man-Portable will boost the Military Imaging System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Cooled will boost the Military Imaging System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development and Integration of Component Technologies such as High-Energy Pulsed Lasers, Receiver Telescopes
Market Growth Drivers:
Increase in Military Budgets by Governments across the World and Growing Technological Advancements such as Advancements in Laser Systems, Digital Imagers, And Novel Image Processing Algorithms
Challenges:
Reduced Efficiency and Operational Performance of Military Imaging Systems Owing To Extreme Weather Conditions
Restraints:
Difficulty in Manufacturing High-Resolution Cameras and Growing Use of Smokescreen Technologies
Opportunities:
Growing Demand for Military Spending and Modernization Programs and Increasing Demand from Emerging Economies to Advance Their Defense System
In November 2022 , L3Harris Technologies will provide an advanced infrared sensor that will enhance the Javelin Weapon System’s Command Launch Unit, which is broadly used in U.S. and foreign military operations, by helping to reduce the time needed to engage targets.The CLU, developed by Raytheon Missiles & Defense, is a shoulder-held launcher that provides situational awareness, surveillance and target identification and initial guidance capability for the Javelin missile.
Key Target Audience
Military Imaging System Manufacturers, Equipment/System Suppliers, Government Authorities, Traders/Exporters/Importers, End-Use Industry 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.