Global Military Laser Designator Market Overview:
A Military Laser Designator is a laser light source which is used by armed forces and are specially designed to designate a target. These lasers provide targeting for laser-guided bombs and missiles moreover, they can be used to call in for accurate and precise ground or aerial strike attacks from a distant range (approximately within 10 miles). Military Laser Designator systems are either man-portable or are attached on vehicles, aircraft, or ships. These laser designators perform best in clear atmospheric conditions. Some of the key players profiled in the study are L3 Technologies (United States), Leonardo (Italy), Northrop Grumman (United States), Thales (France), UTC Aerospace Systems (United States), Gooch & Housego (United Kingdom), RPMC Lasers (United States), Elbit Systems (Israel), FLIR Systems (United States) and General Atomics (United States).
On the basis of geography, the market of Military Laser Designator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology Types, the sub-segment i.e. Fiber Laser will boost the Military Laser Designator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-user, the sub-segment i.e. Military & Defense will boost the Military Laser Designator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Need For Highly Precise Weapons in Armed Forces
- Increasing Use of High-Speed Laser in Communication Network
- Demand for Safe Laser Designators from Military Base
- Adoption of Drones as Laser Designators
- Acceptance of Lightweight Laser Designators for Use in Small UAV and UGV Platforms
- High Development Cost of Military Laser Designator
- Stringent Regulatory Hurdles for This Market
- Military Lasers are Expected to Get a Boost due To Advancements in Commercial Technologies
- Difficult Operability in Extreme Weather Conditions
- Issue Related To Atmospheric Susceptibility
The global military laser designator market is characterized by the presence of a few global and regional vendors and is highly competitive due to the growing efforts of market players to gain the maximum market share. These vendors are increasingly competing against each other based on factors such as cost, reliability, product quality, and aftermarket service.
Target Audience:Military Laser Designator Manufacturers, End-Use Market Participants of Different Segments of Laser Designator, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Military Laser Designator market on the basis of product [Vehicle-Mounted Military Laser Designator, Portable Military Laser Designator and Other] , application [Air Force and Land Army], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Military Laser Designator market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Military Laser Designator industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Raytheon Company (United States), Coherent Inc. (United States), American Laser Enterprises, LLC (United States), BAE Systems PLC (United Kingdom) and Frankfurt Laser Company (Germany).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Military Laser Designator market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.