Press release
Airborne Optronics Market to reach USD 3.56 Bn by 2029, emerging at a CAGR of 12.5 percent and forecast 2023-2029
Airborne Optronics Market, Airborne Optronics Market Scope,
Our market research report on the Airborne Optronics Market provides an extensive scope and methodological approach to deliver comprehensive insights into this dynamic industry. The report spans a detailed analysis of market trends starting from 2015, forecasting market trajectory up to 2029. We have considered 2022 as the base year, ensuring an accurate assessment based on real market data from industry players.
The research methodology adopted for this report is a culmination of robust data collection from reputable sources, leveraging industry experts' insights, and employing advanced analytical tools. We've meticulously analyzed the impact of lockdowns on market dynamics, encompassing the immediate aftermath and projecting implications over the subsequent two years. Our focus includes a strategic assessment of companies' performances during this period, offering critical insights for stakeholders.
The scope of this report extends beyond numerical figures, delving into the qualitative aspects of market drivers, restraints, opportunities, and challenges shaping the Airborne Optronics Market. Our analysis provides a detailed understanding of technological advancements, key market trends, and the competitive landscape.
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What are Airborne Optronics Market Dynamics:
Increased need for sharing technology to develop new products and sustain in this highly competitive market has resulted in HENSOLDT and Ettingen, Germany-based Fraunhofer IOSB announcing their mutual co-operation in January 2021, for developing laser-based countermeasures for reconnaissance purposes.
An increase in preference for acquiring technological infrastructure and workforce of an organization has resulted in a rise in the mergers and acquisitions of firms present in the defense sector. In order to improve the availability of technology and production capacity, California-based Teledyne Technologies, Inc. acquired FLIR Systems in cash and stock transaction worth US $ 8 Billion in January 2021. This deal will help Teledyne to expand its product portfolio and market share in the North American and European Market.
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Airborne Optronics Market Regional Insights:
North America, as the largest market for Airborne Optronics, is primarily driven by robust military presence and a heightened focus on domestic security. Countries like the United States and Canada have witnessed an 8.1% increase in demand post-2016 from their defense forces, emphasizing the critical role of advanced optronics in safeguarding national interests.
Europe demonstrates substantial demand, attributed to nations wielding significant military power and active engagement in space research initiatives. With a 6.3% rise in demand within the defense sector, this region showcases a strong affinity for advanced imaging technology and reconnaissance applications.
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What is Airborne Optronics Market Segmentation:
by Technology
Multispectral
Hyperspectral
by Aircraft Type
Fixed Wing
Rotary Wing
Urban Air Vehicle
UAV
by Application
Military
Commercial
Space
by End-User
OEM
Aftermarket
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Who are Airborne Optronics Market Key Players:
1. Aselsan A.S.
2. Bae Systems PLC
3. Northrop Grumman Corporation
4. FLIR Systems, Inc.
5. Collins Aerospace
6. Lockheed Martin Corporation
7. Rafael Advanced Defense Systems Ltd.
8. Osi Optoelectronics, Inc.
9. Excelitas Technologies Corporation
10. Thales SA
11. Safran S.A.
12. Headwall Photonics, Inc.
13. Intevac Inc.
14. Resonon Inc.
15. Kappa Optronics GmbH
16. Israel Aerospace Industries
17. Elbit Systems Ltd.
Table of content for the Airborne Optronics Market includes:
1. Global Airborne Optronics Market: Research Methodology
2. Global Airborne Optronics Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Airborne Optronics Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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