North America Military Optronics Surveillance And Sighting Systems Market 2023-2030

North America Military Optronics Surveillance And Sighting Systems Market 2023-2030

MARKET OUTLOOK

According to Triton Market Research’s analysis, the military optronics surveillance and sighting systems market in North America will develop with a CAGR of 5.62% in the forecasted period from 2023 to 2030. The United States and Canada are scrutinized in the market in this region.

Artificial intelligence, hypersonic weapons, deadly autonomous weapons, biotechnology, directed energy weapons, and quantum technology are some of the emerging military technologies and defense equipment being used in the United States. Along with this, the nation continues to hold a technological edge in key fields like air, surface, & underwater weapon systems, and C4ISR.

In 2021, Teledyne FLIR LLC was awarded a contract worth $15.4 million for developing Black Hornet Nano-Unmanned Aerial Vehicle (UAV) Systems for the US Army Soldier Borne Sensor Program. These advancements have positioned the US’ military optronics surveillance and sighting systems market on a growth path.

The government of Canada allocated $6.5 billion to its defense budget in 2022. From the overall budget, it allocated $4.72 billion towards improving domestic capabilities, meeting commitments to allies, and investing in technology & equipment to improve areas like R&D, command & control, and all-domain surveillance & intelligence.

Another $875 million will be used to tackle cybersecurity issues over the next few years, and $18 million to fund academic research on the development of cutting-edge cybersecurity technologies. These efforts by the government have strengthened the Canadian market for military optronics surveillance and sighting systems.

COMPETITIVE OUTLOOK

Thales Group, BAE Systems PLC, General Dynamics Corporation, Israel Aerospace Industries, and Lockheed Martin Corporation are some of the notable players in the military optronics surveillance and sighting systems market.


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

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