Press release
Military Laser Rangefinder Market 2018 Global Key Players Analysis, Share, Trends and Segmentation, Forecast to 2021
Description:
An up-to-date research has been disclosed by Market Research Future, Which highlights the worldwide Military Laser Rangefinder Market . The report deep dives into the dynamics of worldwide Military Laser Rangefinder Market providing helpful and distinctive insights. The Information and Figures shared in an exceedingly precise and structured manner, giving an approximated Picture of the Upcoming market movement. This Report covers the Major Key Players, pie charts and bar-graphs to provide data which can be used to derive the latest trends in the industry.
Ability to achieve high level of integration and interoperability along with unmanned air vehicles (UAV) is expected to create large opportunities for laser rangefinders. Inception of miniature rangefinders, coupled with the rapid implementation of UAVs for numerous military operations has opened up an entirely new avenue for the laser rangefinder market.
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The key players of global Military Laser Rangefinder market are L3 Technologies, Leonardo, Northrop Grumman, Thales, UTC Aerospace Systems, Elbit Systems, FLIR Systems, General Atomics, Gooch & Housego, and RPMC Lasers. In 2016, these companies accounted for a share of of the global market.
The Military Laser Rangefinder Market was valued at USD 530.2 million in 2016 and is expected to reach USD 803.4 million by 2023 with a CAGR 6.29%, during the forecast period 2017-2023.
Industry News
May 2017: FNSS Savunma Sistemleri revealed the first prototype of its Kaplan MT Modern Medium Weight Tank (MMWT) at the IDEF 2017 exhibition. This tank is equipped with a computerized fire-control system (FCS) which incorporates a laser rangefinder for stabilised day/thermal sighting system.
February 2017: Elbit Systems entered into a technical collaboration Bharat Electronics Limited (India), a defense sector public sector company, for joint production and maintenance of Compact Multi-Purpose Advanced Stabilised System (CoMPASS).Bharat Electronics Limited would be supply as well as provide maintenance services to CoMPASS users in India.
February 2017: Northrop Grumman signed a five year-contract worth USD 16.9 million with the US Army. The contract includes provision of maintenance, repair, and sustainment services for the Lightweight Laser Designator Range Finder (LLDR) systems.
January 2017: China enhanced PGZ-07 capability with the installation of a new sensor pod, existing sensor pod is positioned above the tracking radar, which is mounted on the forward part of the turret, and includes a laser rangefinder.
January 2017: Lockheed Martin signed a contract worth USD 150.9 million, with the US Navy, to develop a target sight system for the Cobra attack helicopter. The sight system is an infrared system with a laser and rangefinder turret.
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Following queries are addressed in the Research Report – Global Military Laser Rangefinder Market 2018
What is the expected industry size of Global Military Laser Rangefinder Market in 2022?
Expected rate of growth to reach the potential?
What are the major market trends?
Major drivers for Global Military Laser Rangefinder Market ?
Prominent distributors/suppliers in Global Military Laser Rangefinder Market ?
Upcoming challenges for Global Military Laser Rangefinder Market?
And More….
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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