Europe Military Optronics Surveillance And Sighting Systems Market 2023-2030

Europe Military Optronics Surveillance And Sighting Systems Market 2023-2030

MARKET OUTLOOK

Triton Market Research’s study on Europe’s military optronics surveillance and sighting systems market estimates it to develop with a CAGR of 5.58% in the forecasting years from 2023 to 2030.

France, Germany, Spain, Italy, the United Kingdom, Belgium, and Rest of Europe are included in the market in this region.

The French military is considered one of the “most capable” military forces in Western Europe, and plans to allocate a defense budget amounting to $45 billion in 2023, with a $3 billion increase over the last year. The government of France is also looking to invest in major military modernization efforts and boost the industrial base for its defense sector.

The DGA, which is the procurement arm of France’s Ministry of Defense, has joined forces with private businesses to create new remotely operated vehicles (ROVs) and autonomous unmanned vehicles (AUVs) to precisely monitor all underwater activity and the seafloor. The French military is thus prepared to transform into a high-intensity combat army, which will accelerate the development of its military optronics surveillance and sighting systems market.

Belgium is a member of the EU and NATO, with a total military force of 33,000 soldiers. The Belgian government has agreed to increase its defense budget by more than $10.98 billion so as to keep up with other European nations. Currently, Belgium spends 1.2% of its GDP as part of its defense expenditure, which is expected to rise to 1.54%, with the latest investments, in the near future. As a result of enhanced military spending as well as the need to strengthen its armed forces to deal with international turbulence, the studied market is expected to witness massive growth in the coming years.

COMPETITIVE OUTLOOK

The distinguished players in the military optronics surveillance and sighting systems market include Thales Group, Lockheed Martin Corporation, General Dynamics Corporation, Rafael Advanced Defense Systems Ltd, and Airbus Group SE.


1. Europe Military Optronics Surveillance And Sighting Systems Market – Summary
2. Industry Outlook
2.1. Technology Snapshot
2.2. Porter’s Five Forces Analysis
2.2.1. Threat Of New Entrants
2.2.2. Threat Of Substitutes
2.2.3. Bargaining Power Of Buyers
2.2.4. Bargaining Power Of Suppliers
2.2.5. Threat Of Competitive Rivalry
2.3. Market Maturity Analysis
2.4. Industry Components
2.4.1. Raw Material Suppliers
2.4.2. Manufacturers & Defense Oem Contractors
2.4.3. End-users
2.5. Key Buying Impact Analysis
2.5.1. Competitive Pricing
2.5.2. Product Features
2.5.3. Brand Name
2.6. Key Market Strategies
2.6.1. Product Launches
2.6.2. Collaborations
2.6.3. Business Expansions
2.6.4. Acquisitions
2.7. Market Drivers
2.7.1. Escalating Use Of Unmanned Aerial Vehicle (Uav) Systems
2.7.2. Growing Competition Among Countries To Develop Advanced Technologies
2.7.3. Soaring Border Conflicts And Strained Neighboring Country Relations
2.7.4. Ability Of Military Optronics Surveillance And Sighting Systems To Provide Rapid Intel
2.8. Market Challenges
2.8.1. Expensive Military Equipment
2.8.2. Inadequate Supply Of Military-grade Chips In The Industry
2.8.3. Surge In Cyber Attacks On Defense Systems
2.9. Market Opportunities
2.9.1. Use Of Stealth Technology In Military
2.9.2. Growing Demand For Combat Protective Military Equipment
2.9.3. Advancements In Radar Technologies
2.9.4. Increase In Hypersonic Weapon Trials
2.10. Analyst Perspective
3. Europe Military Optronics Surveillance And Sighting Systems Market Outlook – By Machinery
3.1. Image Intensifiers
3.2. Military Laser Systems
3.3. Electro-optics/Infrared Systems
4. Europe Military Optronics Surveillance And Sighting Systems Market Outlook – By Medium
4.1. Land
4.2. Aerial
4.3. Marine
5. Europe Military Optronics Surveillance And Sighting Systems Market Outlook – By Product Type
5.1. Night Vision Devices
5.2. Handheld Thermal Imaging Devices
5.3. Integrated Observation Equipment
5.4. Standalone Infrared Devices
5.5. Seismic And Acoustic Sensors
5.6. Other Product Types
6. Europe Military Optronics Surveillance And Sighting Systems Market – Country Outlook
6.1. Europe
6.1.1. Market By Machinery
6.1.2. Market By Medium
6.1.3. Market By Product Type
6.1.4. Country Analysis
6.1.4.1. United Kingdom
6.1.4.1.1. United Kingdom Military Optronics Surveillance And Sighting Systems Market Forecast & Prospects
6.1.4.2. Germany
6.1.4.2.1. Germany Military Optronics Surveillance And Sighting Systems Market Forecast & Prospects
6.1.4.3. France
6.1.4.3.1. France Military Optronics Surveillance And Sighting Systems Market Forecast & Prospects
6.1.4.4. Italy
6.1.4.4.1. Italy Military Optronics Surveillance And Sighting Systems Market Forecast & Prospects
6.1.4.5. Spain
6.1.4.5.1. Spain Military Optronics Surveillance And Sighting Systems Market Forecast & Prospects
6.1.4.6. Belgium
6.1.4.6.1. Belgium Military Optronics Surveillance And Sighting Systems Market Forecast & Prospects
6.1.4.7. Rest Of Europe
6.1.4.7.1. Rest Of Europe Military Optronics Surveillance And Sighting Systems Market Forecast & Prospects
7. Competitive Landscape
7.1. Lockheed Martin Corporation
7.1.1. Overview
7.1.2. Financial Overview
7.1.3. Portfolio
7.1.4. Key Strengths
7.1.5. Key Challenges
7.2. Safran Group
7.2.1. Overview
7.2.2. Financial Overview
7.2.3. Portfolio
7.2.4. Key Strengths
7.2.5. Key Challenges
7.3. Thales Group
7.3.1. Overview
7.3.2. Financial Overview
7.3.3. Portfolio
7.3.4. Key Strengths
7.3.5. Key Challenges
7.4. Bae Systems Plc
7.4.1. Overview
7.4.2. Financial Overview
7.4.3. Portfolio
7.4.4. Key Strengths
7.4.5. Key Challenges
7.5. Airbus Group Se
7.5.1. Overview
7.5.2. Financial Overview
7.5.3. Portfolio
7.5.4. Key Strengths
7.5.5. Key Challenges
7.6. General Dynamics Corporation
7.6.1. Overview
7.6.2. Financial Overview
7.6.3. Portfolio
7.6.4. Key Strengths
7.6.5. Key Challenges
7.7. Israel Aerospace Industries
7.7.1. Overview
7.7.2. Financial Overview
7.7.3. Portfolio
7.7.4. Key Strengths
7.7.5. Key Challenges
7.8. Northrop Grumman Corporation
7.8.1. Overview
7.8.2. Financial Overview
7.8.3. Portfolio
7.8.4. Key Strengths
7.8.5. Key Challenges
7.9. Rafael Advanced Defense Systems Ltd
7.9.1. Overview
7.9.2. Financial Overview
7.9.3. Portfolio
7.9.4. Key Strengths
7.9.5. Key Challenges
7.10. Raytheon Technologies Corporation
7.10.1. Overview
7.10.2. Financial Overview
7.10.3. Portfolio
7.10.4. Key Strengths
7.10.5. Key Challenges
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources Of Data
8.3. Research Methodology
List Of Tables
Table 1: Europe Military Optronics Surveillance And Sighting Systems Market, By Country Outlook, 2023-2030 (In $ Million)
Table 2: List Of Product Launches
Table 3: List Of Collaborations
Table 4: List Of Business Expansions
Table 5: List Of Acquisitions
Table 6: Border Disputes Around The World
Table 7: Examples Of Commonly Employed Military Surveillance On Borders
Table 8: Examples Of Stealth Weapons In Modern Warfare
Table 9: Europe Military Optronics Surveillance And Sighting Systems Market, By Machinery, 2023-2030 (In $ Million)
Table 10: Europe Military Optronics Surveillance And Sighting Systems Market, By Medium, 2023-2030 (In $ Million)
Table 11: Europe Military Optronics Surveillance And Sighting Systems Market, By Product Type, 2023-2030 (In $ Million)
Table 12: Europe Military Optronics Surveillance And Sighting Systems Market, By Country Outlook, 2023-2030 (In $ Million)
List Of Figures
Figure 1: Technology Snapshot
Figure 2: Market Maturity Analysis
Figure 3: Industry Components
Figure 4: Key Buying Impact Analysis
Figure 5: Europe Military Optronics Surveillance And Sighting Systems Market, By Machinery, 2022 & 2030 (In %)
Figure 6: Europe Military Optronics Surveillance And Sighting Systems Market, By Image Intensifiers, 2023-2030 (In $ Million)
Figure 7: Europe Military Optronics Surveillance And Sighting Systems Market, By Military Laser Systems, 2023-2030 (In $ Million)
Figure 8: Europe Military Optronics Surveillance And Sighting Systems Market, By Electro-optics/Infrared Systems, 2023-2030 (In $ Million)
Figure 9: Europe Military Optronics Surveillance And Sighting Systems Market, By Medium, 2022 & 2030 (In %)
Figure 10: Europe Military Optronics Surveillance And Sighting Systems Market, By Land, 2023-2030 (In $ Million)
Figure 11: Europe Military Optronics Surveillance And Sighting Systems Market, By Aerial, 2023-2030 (In $ Million)
Figure 12: Europe Military Optronics Surveillance And Sighting Systems Market, By Marine, 2023-2030 (In $ Million)
Figure 13: Europe Military Optronics Surveillance And Sighting Systems Market, By Product Type, 2022 & 2030 (In %)
Figure 14: Europe Military Optronics Surveillance And Sighting Systems Market, By Night Vision Devices, 2023-2030 (In $ Million)
Figure 15: Europe Military Optronics Surveillance And Sighting Systems Market, By Handheld Thermal Imaging Devices, 2023-2030 (In $ Million)
Figure 16: Europe Military Optronics Surveillance And Sighting Systems Market, By Integrated Observation Equipment, 2023-2030 (In $ Million)
Figure 17: Europe Military Optronics Surveillance And Sighting Systems Market, By Standalone Infrared Devices, 2023-2030 (In $ Million)
Figure 18: Europe Military Optronics Surveillance And Sighting Systems Market, By Seismic And Acoustic Sensors, 2023-2030 (In $ Million)
Figure 19: Europe Military Optronics Surveillance And Sighting Systems Market, By Other Product Types, 2023-2030 (In $ Million)
Figure 20: Europe Military Optronics Surveillance And Sighting Systems Market, Country Outlook, 2022 & 2030 (In %)
Figure 21: United Kingdom Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 22: Germany Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 23: France Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 24: Italy Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 25: Spain Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 26: Belgium Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 27: Rest Of Europe Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 28: Lockheed Martin Corporation – Company Net Revenue 2017-2021 (In $ Million)
Figure 29: Lockheed Martin Corporation – Company Operating Profit 2017-2021 (In $ Million)
Figure 30: Lockheed Martin Corporation – Company Revenue, By Segments, 2021 (In $ Million)
Figure 31: Lockheed Martin Corporation – Company Revenue, By Regions, 2021 (In $ Million)
Figure 32: Safran Group – Company Net Revenue 2017-2021 (In $ Million)
Figure 33: Safran Group – Company Net Profit 2017-2021 (In $ Million)
Figure 34: Safran Group – Company Revenue, By Segments, 2021 (In $ Million)
Figure 35: Safran Group – Company Revenue, By Regions, 2021 (In $ Million)
Figure 36: Thales Group – Company Net Revenue 2017-2021 (In $ Million)
Figure 37: Thales Group – Company Net Profit 2017-2021 (In $ Million)
Figure 38: Thales Group – Company Revenue, By Segments, 2021 (In $ Million)
Figure 39: Thales Group – Company Revenue, By Regions, 2021 (In $ Million)
Figure 40: Bae Systems Plc – Company Net Revenue 2017-2021 (In $ Million)
Figure 41: Bae Systems Plc – Company Net Profit 2017-2021 (In $ Million)
Figure 42: Bae Systems Plc – Company Revenue, By Segments, 2021 (In $ Million)
Figure 43: Bae Systems Plc – Company Revenue, By Regions, 2021 (In $ Million)
Figure 44: Airbus Group Se – Company Net Revenue 2017-2021 (In $ Million)
Figure 45: Airbus Group Se – Company Net Profit 2017-2021 (In $ Million)
Figure 46: Airbus Group Se – Company Revenue, By Segments, 2021 (In $ Million)
Figure 47: Airbus Group Se – Company Revenue, By Regions, 2021 (In $ Million)
Figure 48: General Dynamics Corporation – Company Net Revenue 2017-2021 (In $ Million)
Figure 49: General Dynamics Corporation – Company Net Profit 2017-2021 (In $ Million)
Figure 50: General Dynamics Corporation – Company Revenue, By Segments, 2021 (In $ Million)
Figure 51: General Dynamics Corporation – Company Revenue, By Regions, 2021 (In $ Million)
Figure 52: Israel Aerospace Industries – Company Net Revenue 2019-2021 (In $ Million)
Figure 53: Israel Aerospace Industries – Company Net Profit 2019-2021 (In $ Million)
Figure 54: Northrop Grumman Corporation – Company Net Revenue 2017-2021 (In $ Million)
Figure 55: Northrop Grumman Corporation – Company Net Profit 2017-2021 (In $ Million)
Figure 56: Northrop Grumman Corporation – Company Revenue, By Segments, 2021 (In $ Million)
Figure 57: Northrop Grumman Corporation – Company Revenue, By Regions, 2021 (In $ Million)
Figure 58: Raytheon Technologies Corporation – Company Net Revenue 2017-2021 (In $ Million)
Figure 59: Raytheon Technologies Corporation – Company Net Profit 2017-2021 (In $ Million)
Figure 60: Raytheon Technologies Corporation – Company Revenue, By Segments, 2021 (In $ Million)
Figure 61: Raytheon Technologies Corporation – Company Revenue, By Regions, 2021 (In $ Million)

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