Global Laser Designator Market Growth 2023-2029

Global Laser Designator Market Growth 2023-2029

A laser designator is a laser light source which is used to designate a target. Laser designators provide targeting for laser-guided bombs, missiles, or precision artillery munitions, such as the Paveway series of bombs, AGM-114 Hellfire, or the M712 Copperhead round, respectively. When a target is marked by a designator, the beam is invisible and does not shine continuously. Instead, a series of coded pulses of laser light are fired. These signals bounce off the target into the sky, where they are detected by the seeker on the laser-guided munition, which steers itself towards the centre of the reflected signal.

LPI (LP Information)' newest research report, the “Laser Designator Industry Forecast” looks at past sales and reviews total world Laser Designator sales in 2022, providing a comprehensive analysis by region and market sector of projected Laser Designator sales for 2023 through 2029. With Laser Designator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laser Designator industry.

This Insight Report provides a comprehensive analysis of the global Laser Designator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laser Designator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laser Designator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laser Designator and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laser Designator.

The global Laser Designator market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Laser Designator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Laser Designator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Laser Designator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Laser Designator players cover L3 Technologies, Leonardo, Northrop Grumman, Thales, Elbit Systems, FLIR Systems, General Atomics, UTC Aerospace Systems and Gooch & Housego, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Laser Designator market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Ground-based Laser Designator
Air-borne Laser Designator

Segmentation by application
Military & Defense
Homeland Security

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
L3 Technologies
Leonardo
Northrop Grumman
Thales
Elbit Systems
FLIR Systems
General Atomics
UTC Aerospace Systems
Gooch & Housego
RPMC Lasers
Alpha Design Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Laser Designator market?

What factors are driving Laser Designator market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Laser Designator market opportunities vary by end market size?

How does Laser Designator break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.