Global Military Thermal Imaging Equipment Market Growth (Status and Outlook) 2024-2030

Global Military Thermal Imaging Equipment Market Growth (Status and Outlook) 2024-2030

Due to its capacity to function well in all-weather situations and its ability to work day or night, thermal imaging is a blessing for the armed services, specifically the army, navy, and air force. All items above temperatures of absolute zero emit infrared radiation, which is captured by thermal detectors. A thermogram illustrates the temperature changes in the scene that was taken. With the development of technology, the large, expensive, and demanding cryogenic temperature thermal detectors with moving parts have been replaced with small, inexpensive uncooled microbolometers with no moving components, making systems more durable and requiring less maintenance.

The global Military Thermal Imaging Equipment market size is projected to grow from US$ 2445 million in 2024 to US$ 3974 million in 2030; it is expected to grow at a CAGR of 8.4% from 2024 to 2030.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Military Thermal Imaging Equipment 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 Military Thermal Imaging Equipment.

The rising use of night vision equipment in military operations is one of the main drivers fueling the market growth. Terrorist operations have significantly increased on a global scale. The economic state of a region is strongly impacted by terrorist activity. One of the key measures in this regard is the fortification of military operations, which is accomplished through modernising the equipment and weaponry employed by the military. These days, night vision equipment is significantly lighter and more adaptable. Most military members don night vision equipment. These improvements have increased demand for night vision devices, such as goggles, scopes, and cameras, which enable armed forces to better target the opposition. Over the forecast period, the increase in terrorist activities will result in improved military operations, which would directly facilitate the demand for sophisticated systems of night vision for applications including superior navigation and surveillance.

This report presents a comprehensive overview, market shares, and growth opportunities of Military Thermal Imaging Equipment market by product type, application, key players and key regions and countries.

Segmentation by Type:
Man-portable
Fixed Mounted

Segmentation by Application:
Land
Marine
Airborne

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

Segmentation by Type:
Man-portable
Fixed Mounted

Segmentation by Application:
Land
Marine
Airborne

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.
Lockheed Martin
FLIR Systems
Raytheon
L3 Technologies
Leonardo DRS
Teledyne Technologies
Sofradir
BAE Systems
Northrop Grumman
Harris
Elbit Systems
General Dynamics Mission Systems
Guangzhou SAT
Wuhan Guide Infrared
Zhejiang Dali Technology
Axis Communications AB
ViPRO Corporation

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