Military Thermal Weapon Sights Market
Military Thermal Weapon Sights Market Global Industry Assessment & Forecast
#
Pages:
151
2021
Nov - 2021
VMR-2021-0166
Segments Covered
By
Product Gun-based thermal weapon sights, Vehicle-mounted thermal weapon sights
-
By
Application Navy, Air force, Army
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
12.65 Billion |
 Revenue 2028:
|
21.32 Billion |
 Revenue CAGR
(2021 - 2028): |
11.2 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Product, Application and region. This study comprises the market size in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities.
On the basis of Product, the market is divided into Gun-based thermal weapon sights, Vehicle-mounted thermal weapon sights. Gun-based thermal weapon sights is expected to dominate the market and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Navy, Air force, Army. Air force attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Military Thermal Weapon Sights Market: Product Segment Analysis
-
- Gun-based thermal weapon sights
- Vehicle-mounted thermal weapon sights
Global Military Thermal Weapon Sights Market: Application Segment Analysis
-
- Navy
- Air force
- Army
FAQ
Frequently Asked Question
What is the global demand for Military Thermal Weapon Sights in terms of revenue?
-
The global Military Thermal Weapon Sights valued at 12.65 Billion in 2020 and is expected to reach 21.32 Billion in 2028 growing at a CAGR of 11.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Raytheon Company, Excelitas Technologies, SGCI, Qioptiq, Thermoteknix, Thales Group, Leonardo DRS, FLIR Systems, Safran, Elbit Systems, ASELSAN, BAE Systems, Aselsan..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 11.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Military Thermal Weapon Sights include
- Increasing conflicts between nations is feuling the market for Military thermal weapons.
- The increasing technological advancement in development of wireless thermal weapon sights is anticipated to augment the growth of the market in the years to come.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Military Thermal Weapon Sights in 2020.
