Some of the prominent trends that the market is witnessing include weapon modernization plans across the world, increasing demand for highly precise strikes in the army, and implementation of various new amendments regarding rifle scopes.
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Based on product, the market is segregated into weapon scopes & sights, handheld sighting devices, and cameras & displays. The weapon scopes & sights segment is sub-segmented into riflescopes, night vision scopes, and electro-optic/infrared (EO/IR) sights. The handheld sighting devices segment is sub-segmented into binoculars & monoculars, night vision goggles, spotter scopes, rangefinders, and target acquisition & surveillance systems. The cameras & displays segment is sub-segmented into head-mounted displays (HMDS), thermal cameras, and electro-optic/infrared (EO/IR) cameras. Moreover riflescopes segment is bifurcated into day sights, night sights, and digital sights. Furthermore, night vision scopes segment is classified into thermal scopes, infrared scopes, and image intensifiers.
By platform, the market is fragmented into ground, naval, and airborne. The ground segment is classified into vehicle mounted, fixed installation, and portable. Moreover, naval segment is divided into aircraft carriers, destroyers, frigates, corvettes, offshore patrol vessels (OPVs), and unmanned marine vessels (UMVs). Furthermore, airborne segment is sub-segmented into combat aircraft, combat helicopters, special mission aircraft, and unmanned aerial vehicles (UAVs). Again, the vehicle mounted segment is fragmented into main battle tanks (MBTs), infantry fighting vehicles (IFVs), armored personnel carriers (APCs), armored amphibious vehicles (AAVs), light protected vehicles (LPVs), self-propelled howitzers (SPHs), armored mortar carriers (AMCs), and unmanned ground vehicles (UGVs). Moreover, the portable segment is classified into man-portable and dismounted soldier.
With respect to the range, the market is segmented into short-range (< 3 km), medium-range (3–25 km), and long-range (> 25 km).
By application, the market is segregated into intelligence, surveillance, & reconnaissance (ISR), target acquisition & identification, search & rescue, and border & coastal patrol.
Based on end user, the market is segmented into manned platform, weapon mounted, soldier, unmanned platform, military, and homeland security.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub-segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
- Rest of Europe
- New Zealand
- Rest of Asia Pacific
- Saudi Arabia
- Rest of Middle East
- Rest of Latin America
Rest of the World
- South Africa
- The report provides a detailed analysis of current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
- Market opportunities and recommendations for new investments
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