NEW YORK, June 3, 2022 /PRNewswire/ — One of the key trends in the military thermal weapon sights market is the emergence of wireless thermal weapon sights. For instance, the Enhanced Night Vision Goggle (ENVG) by BAE Systems combined image intensification and thermal imaging capabilities. The current version of ENVG III will have a wider FoV, high-resolution imaging capability, and wireless connectivity with the weapon-mounted thermal sight. Such developments in wireless thermal weapon sights are expected to continue during the forecast period, which will drive the growth of the market.
The military thermal weapon sights market share is expected to increase by USD 257.95 million from 2021 to 2026. Moreover, the growth momentum of the market will accelerate at a CAGR of 5.46% during the forecast period.
Learn about additional insights and the latest market trends. View our Sample Report Now
Military Thermal Weapon Sights Market 2022-2026: Scope
The military thermal weapon sights market report covers the following areas:
Subscribe to our “Basic Plan” billed annually at USD 5000. Get lifetime access to our Technavio Insights
Military Thermal Weapon Sights Market 2022-2026: Driver and Challenge
The introduction of high-definition thermal imaging systems is driving the growth of the military thermal weapon sights market. The concept of high-definition (HD) has revolutionized imaging systems. Military imaging systems are using HD technology to detect, recognize, and strike targets from long ranges. Thus, the HD thermal imaging technology will drive the global military thermal weapon sights market growth during the forecast period.
Operational constraints in extreme weather conditions are challenging the growth of the military thermal weapon sights market. When subjected to large temperature differences, thermal weapon sights exhibit operational constraints. Moisture incursion or reticle fade is another issue, which occurs when these devices are used in a humid environment. Such flaws can affect the operations of as troops that generally operate in harsh environments. These factors are hampering the military thermal weapon sights market.
Military Thermal Weapon Sights Market 2022-2026: Vendor Analysis
The military thermal weapon sights market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
ASELSAN AS, American Technologies Network Corp., BAE Systems Plc, Elbit Systems Ltd., Excelitas Technologies Corp., General Starlight Co. Inc., L3Harris Technologies Inc., Leonardo Spa, Materion Corp., Raytheon Technologies Corp., Rheinmetall AG, Safran SA, Schmidt and Bender GmbH and Co. KG, Senop Oy, Sierra Pacific Innovations, Teledyne Technologies Inc., Thales Group, Thermoteknix Systems Ltd., Tonbo Imaging Pvt. Ltd., and Wuhan Guide Infrared Co. Ltd. are among some of the major market participants.
To find out about the key offerings of some of the above vendors, Download an Exclusive Sample Report
Military Thermal Weapon Sights Market 2022-2026: Segmentation
- Type
- Gun-based Thermal Weapon Sights
- Vehicle-mounted Thermal Weapon Sights
- Geographic
- North America
- APAC
- Europe
- Middle East And Africa
- South America
Military Thermal Weapon Sights Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist military thermal weapon sights market growth during the next five years
- Estimation of the military thermal weapon sights market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the military thermal weapon sights market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of military thermal weapon sights market, vendors
Related Reports
Smart Gun Market by Technology and Geography – Forecast and Analysis 2022-2026
|
Military Thermal Weapon Sights Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2021 |
|
Forecast period |
2022-2026 |
|
Growth momentum & CAGR |
Decelerate at a CAGR of 5.46% |
|
Market growth 2022-2026 |
USD 257.95 million |
|
Market structure |
Fragmented |
|
YoY growth (%) |
5.38 |
|
Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
|
Performing market contribution |
North America at 36% |
|
Key consumer countries |
US, China, India, Russia, and France |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
ASELSAN AS, American Technologies Network Corp., BAE Systems Plc, Elbit Systems Ltd., Excelitas Technologies Corp., General Starlight Co. Inc., L3Harris Technologies Inc., Leonardo Spa, Materion Corp., Raytheon Technologies Corp., Rheinmetall AG, Safran SA, Schmidt and Bender GmbH and Co. KG, Senop Oy, Sierra Pacific Innovations, Teledyne Technologies Inc., Thales Group, Thermoteknix Systems Ltd., Tonbo Imaging Pvt. Ltd., and Wuhan Guide Infrared Co. Ltd. |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type – Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type – Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Gun-based thermal weapon sights – Market size and forecast 2021-2026
- Exhibit 28: Chart on Gun-based thermal weapon sights – Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Gun-based thermal weapon sights – Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Gun-based thermal weapon sights – Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Gun-based thermal weapon sights – Year-over-year growth 2021-2026 (%)
- 5.4 Vehicle-mounted thermal weapon sights – Market size and forecast 2021-2026
- Exhibit 32: Chart on Vehicle-mounted thermal weapon sights – Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Vehicle-mounted thermal weapon sights – Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Vehicle-mounted thermal weapon sights – Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Vehicle-mounted thermal weapon sights – Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Type
- Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America – Market size and forecast 2021-2026
- Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)
- 7.4 APAC – Market size and forecast 2021-2026
- Exhibit 46: Chart on APAC – Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on APAC – Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on APAC – Year-over-year growth 2021-2026 (%)
- 7.5 Europe – Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa – Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
- 7.7 South America – Market size and forecast 2021-2026
- Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)
- 7.8 US – Market size and forecast 2021-2026
- Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
- 7.9 China – Market size and forecast 2021-2026
- Exhibit 66: Chart on China – Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China – Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China – Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China – Year-over-year growth 2021-2026 (%)
- 7.10 India – Market size and forecast 2021-2026
- Exhibit 70: Chart on India – Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on India – Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on India – Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on India – Year-over-year growth 2021-2026 (%)
- 7.11 Russia – Market size and forecast 2021-2026
- Exhibit 74: Chart on Russia – Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Russia – Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Russia – Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Russia – Year-over-year growth 2021-2026 (%)
- 7.12 France – Market size and forecast 2021-2026
- Exhibit 78: Chart on France – Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on France – Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on France – Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on France – Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 ASELSAN AS
- Exhibit 89: ASELSAN AS – Overview
- Exhibit 90: ASELSAN AS – Business segments
- Exhibit 91: ASELSAN AS – Key offerings
- Exhibit 92: ASELSAN AS – Segment focus
- 10.4 BAE Systems Plc
- Exhibit 93: BAE Systems Plc – Overview
- Exhibit 94: BAE Systems Plc – Business segments
- Exhibit 95: BAE Systems Plc – Key offerings
- Exhibit 96: BAE Systems Plc – Segment focus
- 10.5 Elbit Systems Ltd.
- Exhibit 97: Elbit Systems Ltd. – Overview
- Exhibit 98: Elbit Systems Ltd. – Business segments
- Exhibit 99: Elbit Systems Ltd. – Key offerings
- Exhibit 100: Elbit Systems Ltd. – Segment focus
- 10.6 Excelitas Technologies Corp.
- Exhibit 101: Excelitas Technologies Corp. – Overview
- Exhibit 102: Excelitas Technologies Corp. – Product / Service
- Exhibit 103: Excelitas Technologies Corp. – Key offerings
- 10.7 Leonardo Spa
- Exhibit 104: Leonardo Spa – Overview
- Exhibit 105: Leonardo Spa – Business segments
- Exhibit 106: Leonardo Spa – Key news
- Exhibit 107: Leonardo Spa – Key offerings
- Exhibit 108: Leonardo Spa – Segment focus
- 10.8 Raytheon Technologies Corp.
- Exhibit 109: Raytheon Technologies Corp. – Overview
- Exhibit 110: Raytheon Technologies Corp. – Business segments
- Exhibit 111: Raytheon Technologies Corp. – Key news
- Exhibit 112: Raytheon Technologies Corp. – Key offerings
- Exhibit 113: Raytheon Technologies Corp. – Segment focus
- 10.9 Safran SA
- Exhibit 114: Safran SA – Overview
- Exhibit 115: Safran SA – Business segments
- Exhibit 116: Safran SA – Key offerings
- Exhibit 117: Safran SA – Segment focus
- 10.10 Teledyne Technologies Inc.
- Exhibit 118: Teledyne Technologies Inc. – Overview
- Exhibit 119: Teledyne Technologies Inc. – Business segments
- Exhibit 120: Teledyne Technologies Inc. – Key offerings
- Exhibit 121: Teledyne Technologies Inc. – Segment focus
- 10.11 Thales Group
- Exhibit 122: Thales Group – Overview
- Exhibit 123: Thales Group – Business segments
- Exhibit 124: Thales Group – Key offerings
- Exhibit 125: Thales Group – Segment focus
- 10.12 Thermoteknix Systems Ltd.
- Exhibit 126: Thermoteknix Systems Ltd. – Overview
- Exhibit 127: Thermoteknix Systems Ltd. – Product / Service
- Exhibit 128: Thermoteknix Systems Ltd. – Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 129: Inclusions checklist
- Exhibit 130: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 131: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 132: Research methodology
- Exhibit 133: Validation techniques employed for market sizing
- Exhibit 134: Information sources
- 11.5 List of abbreviations
- Exhibit 135: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
