Middle East And Africa Military Optronics Surveillance And Sighting Systems Market 2023-2030

Middle East And Africa Military Optronics Surveillance And Sighting Systems Market 2023-2030

MARKET OUTLOOK

Triton Market Research’s report on the military optronics surveillance and sighting systems market in the Middle East and Africa puts forth that the market is likely to grow with a CAGR of 5.32% in the forecasting period from 2023 to 2030.

Saudi Arabia, the United Arab Emirates, South Africa, Israel, and Rest of Middle East & Africa are analyzed in the market in this region.

Saudi Arabia presents intriguing investment prospects for international defense corporations. By 2030, the nation intends to spend 50% of its military budget to diversify its domestic economy. According to estimates, in FY2020, its military expenditures accounted for nearly 8.4% of its GDP. Additionally, there is an increasing demand for night vision equipment from all branches of the Saudi Armed Forces.

In view of this, the Saudi General Authority for Military Industries (GAMI) has collaborated with local manufacturers as well as international companies to produce various such equipment. This indicates an overall positive outlook for the military optronics surveillance and sighting systems market in the KSA.

Morocco, Algeria, Ethiopia, and Nigeria are now investing in their defense industries in order to increase their domestic competence. Algeria, Nigeria, and Namibia are also focusing on the manufacture, maintenance, and assembly of naval vessels.

Whereas, Algeria, along with Egypt, is also focusing on the assembly of armored and other vehicles as completely knock-down kits. Morocco is invested in the manufacture of aircraft components and maintenance of the aircraft. These developments are anticipated to boost the growth of the studied market in Rest of Middle East & Africa over the forecast period.

COMPETITIVE OUTLOOK

A few noteworthy players in the military optronics surveillance and sighting systems market include Airbus Group SE, Rafael Advanced Defense Systems Ltd, General Dynamics Corporation, Lockheed Martin Corporation, and Northrop Grumman Corporation.


1. Middle East And Africa 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. Middle East And Africa 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. Middle East And Africa Military Optronics Surveillance And Sighting Systems Market Outlook – By Medium
4.1. Land
4.2. Aerial
4.3. Marine
5. Middle East And Africa 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. Middle East And Africa Military Optronics Surveillance And Sighting Systems Market – Country Outlook
6.1. Middle East And Africa
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 Arab Emirates
6.1.4.1.1. United Arab Emirates Military Optronics Surveillance And Sighting Systems Market Forecast & Prospects
6.1.4.2. Saudi Arabia
6.1.4.2.1. Saudi Arabia Military Optronics Surveillance And Sighting Systems Market Forecast & Prospects
6.1.4.3. Israel
6.1.4.3.1. Israel Military Optronics Surveillance And Sighting Systems Market Forecast & Prospects
6.1.4.4. South Africa
6.1.4.4.1. South Africa Military Optronics Surveillance And Sighting Systems Market Forecast & Prospects
6.1.4.5. Rest Of Middle East & Africa
6.1.4.5.1. Rest Of Middle East & Africa 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: Middle East And Africa 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: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Machinery, 2023-2030 (In $ Million)
Table 10: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Medium, 2023-2030 (In $ Million)
Table 11: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Product Type, 2023-2030 (In $ Million)
Table 12: Middle East And Africa 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: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Machinery, 2022 & 2030 (In %)
Figure 6: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Image Intensifiers, 2023-2030 (In $ Million)
Figure 7: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Military Laser Systems, 2023-2030 (In $ Million)
Figure 8: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Electro-optics/Infrared Systems, 2023-2030 (In $ Million)
Figure 9: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Medium, 2022 & 2030 (In %)
Figure 10: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Land, 2023-2030 (In $ Million)
Figure 11: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Aerial, 2023-2030 (In $ Million)
Figure 12: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Marine, 2023-2030 (In $ Million)
Figure 13: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Product Type, 2022 & 2030 (In %)
Figure 14: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Night Vision Devices, 2023-2030 (In $ Million)
Figure 15: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Handheld Thermal Imaging Devices, 2023-2030 (In $ Million)
Figure 16: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Integrated Observation Equipment, 2023-2030 (In $ Million)
Figure 17: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Standalone Infrared Devices, 2023-2030 (In $ Million)
Figure 18: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Seismic And Acoustic Sensors, 2023-2030 (In $ Million)
Figure 19: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, By Other Product Types, 2023-2030 (In $ Million)
Figure 20: Middle East And Africa Military Optronics Surveillance And Sighting Systems Market, Country Outlook, 2022 & 2030 (In %)
Figure 21: United Arab Emirates Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 22: Saudi Arabia Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 23: Israel Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 24: South Africa Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 25: Rest Of Middle East & Africa Military Optronics Surveillance And Sighting Systems Market 2023-2030 (In $ Million)
Figure 26: Lockheed Martin Corporation – Company Net Revenue 2017-2021 (In $ Million)
Figure 27: Lockheed Martin Corporation – Company Operating Profit 2017-2021 (In $ Million)
Figure 28: Lockheed Martin Corporation – Company Revenue, By Segments, 2021 (In $ Million)
Figure 29: Lockheed Martin Corporation – Company Revenue, By Regions, 2021 (In $ Million)
Figure 30: Safran Group – Company Net Revenue 2017-2021 (In $ Million)
Figure 31: Safran Group – Company Net Profit 2017-2021 (In $ Million)
Figure 32: Safran Group – Company Revenue, By Segments, 2021 (In $ Million)
Figure 33: Safran Group – Company Revenue, By Regions, 2021 (In $ Million)
Figure 34: Thales Group – Company Net Revenue 2017-2021 (In $ Million)
Figure 35: Thales Group – Company Net Profit 2017-2021 (In $ Million)
Figure 36: Thales Group – Company Revenue, By Segments, 2021 (In $ Million)
Figure 37: Thales Group – Company Revenue, By Regions, 2021 (In $ Million)
Figure 38: Bae Systems Plc – Company Net Revenue 2017-2021 (In $ Million)
Figure 39: Bae Systems Plc – Company Net Profit 2017-2021 (In $ Million)
Figure 40: Bae Systems Plc – Company Revenue, By Segments, 2021 (In $ Million)
Figure 41: Bae Systems Plc – Company Revenue, By Regions, 2021 (In $ Million)
Figure 42: Airbus Group Se – Company Net Revenue 2017-2021 (In $ Million)
Figure 43: Airbus Group Se – Company Net Profit 2017-2021 (In $ Million)
Figure 44: Airbus Group Se – Company Revenue, By Segments, 2021 (In $ Million)
Figure 45: Airbus Group Se – Company Revenue, By Regions, 2021 (In $ Million)
Figure 46: General Dynamics Corporation – Company Net Revenue 2017-2021 (In $ Million)
Figure 47: General Dynamics Corporation – Company Net Profit 2017-2021 (In $ Million)
Figure 48: General Dynamics Corporation – Company Revenue, By Segments, 2021 (In $ Million)
Figure 49: General Dynamics Corporation – Company Revenue, By Regions, 2021 (In $ Million)
Figure 50: Israel Aerospace Industries – Company Net Revenue 2019-2021 (In $ Million)
Figure 51: Israel Aerospace Industries – Company Net Profit 2019-2021 (In $ Million)
Figure 52: Northrop Grumman Corporation – Company Net Revenue 2017-2021 (In $ Million)
Figure 53: Northrop Grumman Corporation – Company Net Profit 2017-2021 (In $ Million)
Figure 54: Northrop Grumman Corporation – Company Revenue, By Segments, 2021 (In $ Million)
Figure 55: Northrop Grumman Corporation – Company Revenue, By Regions, 2021 (In $ Million)
Figure 56: Raytheon Technologies Corporation – Company Net Revenue 2017-2021 (In $ Million)
Figure 57: Raytheon Technologies Corporation – Company Net Profit 2017-2021 (In $ Million)
Figure 58: Raytheon Technologies Corporation – Company Revenue, By Segments, 2021 (In $ Million)
Figure 59: Raytheon Technologies Corporation – Company Revenue, By Regions, 2021 (In $ Million)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings