Press release
Analysts Researches Global Military Fire Control Systems Market will grow steadily at a CAGR of more than 5% during 2017-2021
This industry research report identifies BAE Systems, Elbit Systems, General Dynamics, Lockheed Martin, and Safran as the key vendors in the global military fire control systems market. This research report also presents a competitive analysis of the market by product type (naval, airborne, and ground based) and by geography (the Americas, APAC, and EMEA).
Overview of the global military fire control systems market
Market research analysts at Technavio predict that the global military fire control systems market will grow steadily at a CAGR of more than 5% by 2021. This market research and analysis identifies the rising focus towards the deployment of precision-guided weapons as one of the primary factors for the growth of the military fire control systems market. With the revolutionization of the warfare environment, the defense sector of major countries across the globe focus on the development of advanced weapon systems. In addition to enhanced accuracy, these weapons will also provide tactical options such as enemy-concentrated damage, which in turn, will make them significant in military operational plans.
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One of the major vendors Lockheed Martin has already introduced the Paragon Direct Attack Munition. This all-weather dual-mode precision-guided bomb kit is guided by the GPS or inertial navigation system (INS) and semi-active laser homing systems and can be fired against both stationary and mobile targets.
The market research report identifies the development of consolidated fire control systems as one of the key trends that will gain traction in the military fire control systems market during the next few years. To improve the accuracy of combat weapons and reduce the aiming time, major players are increasingly focusing on developing weapons that are integrated with fire control systems. These systems will improve the efficiency and shooting skills of soldiers which helps in ensuring the effectiveness of military operations. The US army has already tested the automated ballistically optimized sniper scope (BOSS), a rifle-mounted fire control system for the military sniper weapons and is expected to include these systems to the armed troops by 2020.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
Key takeaways
Key buying criteria
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product type
Global military fire control systems market by product type
Global naval fire control systems market
Global ground-based fire control systems market
Global airborne fire control systems market
PART 07: Geographical segmentation
Market share by geography
Geographical segmentation by revenue
Military fire control systems market in the Americas
Military fire control systems market in EMEA
Military fire control systems market in APAC
PART 08: Decision framework
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