Press release
Airborne Optronics Market Poised for Strong Growth, Reaching $6.62 Billion by 2033
The global airborne optronics market is projected to reach US$ 2 billion by 2023, according to Fact.MR. The global market for airborne optronics is expected to grow at a 12.7% compound annual growth rate and reach US$ 6.62 billion in value by 2033.The employment of optical and electro-optical devices in airborne platforms, such as airplanes, helicopters, drones, and satellites, is known as "airborne optronics." The study of optics and electronics is combined in the discipline of opttronics to create systems that make use of light, image sensors, and other electro-optical devices for a variety of applications.
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Numerous tasks, including as target acquisition, surveillance, aerial photography, navigation, and reconnaissance, require the employment of aircraft optronics systems. Typically, these systems are made up of optical equipment such as thermal imagers, laser rangefinders, cameras, and sensors that gather and interpret infrared and visible data from the surroundings.
Airborne optronics is essential to military operations for situational awareness and information collection. They provide airborne platforms the ability to monitor, identify targets, and conduct long-range surveillance. These technologies enable armed personnel to make well-informed judgments and conduct operations efficiently by detecting and analyzing things on land, in the air, or at sea.
Key Companies Profiled
• Northrop Grumman Corporation
• Thales SA
• Flir Systems, Inc.
• Safran
• Elbit Systems Ltd.
• Lockheed Martin Corporation
• Leonardo Spa
• L3Harris Technologies Inc.
• Hensoldt AG
• Collins Aerospace
• Israel Aerospace Industries
• Rafael Advanced Defense Systems Ltd.
• Kappa Optronics GmbH
• Stark Aerospace, Inc.
• Excelitas Technologies Corporation
• Osi Optoelectronics, Inc.
• Leidos Holdings, Inc.
• Ii-Vi, Inc.
• Bae Systems plc
• Aselsan A.a.
• Intevac, Inc.
• Ximea GmbH
• Headwall Photonics, Inc.
• Cubert GmbH
• Resonon Inc.
Asymmetric warfare, the increase in terrorist activity, and the requirement for dependable worldwide monitoring systems are some of the factors driving up sales of airborne optronics. In addition to these functions, combat aircraft are equipped with equipment for long-range missile delivery, close air support, and real-time information collection.
The rapid use of cutting-edge technologies, such as artificial intelligence (AI), multispectral technology, next-generation thermal cameras, high-definition (HD) cameras, and state-of-the-art laser sensors, is significantly enhancing the success of surveillance and combat operations. The market for airborne optronics systems has been rising dramatically in recent years due to their usage in military, commercial, and aerospace applications. These devices are designed to withstand harsh working conditions and extreme vibrations.
With the rise in popularity of urban air mobility platforms like electric vertical take-off and landing (eVTOL) vehicles and drones, the market for airborne optronics is predicted to grow rapidly. Modern platforms like this depend on state-of-the-art optical and image systems to carry out vital tasks including navigation, obstacle identification, and communication.
The need for airborne optronics is being further fueled by the growing usage of drones and eVTOLs in a variety of commercial and industrial applications, including package delivery, inspection, and surveying. The safe and effective operation of these platforms is made possible by cameras, LIDAR, and other sensors, which presents a large opportunity for airborne optronics makers.
Multispectral imaging can help detect bombs, follow enemy movements in the dark, detect object radiation patterns independent of external lighting, and measure the depths of subterranean bunkers. Furthermore, multispectral technologies increase the efficiency of unmanned autonomous aircraft operations by providing essential data on traffic, weather, and other flight-affecting variables.
Read More: https://www.factmr.com/report/airborne-optronics-market
Competitive Landscape
To keep up with the latest developments in airborne optronics technology, research and development expenditures are essential. Prominent corporations are devoting efforts towards creating novel items, enhancing current technology, and investigating fresh uses. They are increasing their market share and drawing in new clients by consistently improving their services.
• Flir Systems, Inc. released Boson Radiometric Cameras in 2021 with a function called radiometric accuracy temperature that provides an evaluation of temperature accuracy.
• In April 2021, a deal was signed by Safran Electronics & Defence and Dassault Aviation to supply two new Euroflir 410 optronic systems for aircraft. This endeavor is part of the French navy's plan to update its underwater surveillance and intervention fleet.
Key Segments of Airborne Optronics Industry Research
By System :
Reconnaissance
Targeting
Search & Track
Surveillance
Warning/Detection
Countermeasure
Navigation & Guidance
Special Mission
By Technology :
Multispectral
Hyperspectral
By Aircraft Type :
Fixed Wing
Rotary Wing
Urban Air Mobility
Unmanned Aerial Vehicles
By Application :
Commercial
Military
Space
By End Use :
OEMs
Aftermarket
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
This growth highlights the critical importance of airborne optronics in modern military and commercial aviation applications. As technology continues to evolve, the market will see further innovations, offering substantial opportunities for industry players to develop cutting-edge solutions that meet the growing needs of global defense and aerospace sectors.
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About Fact.MR
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