Thermal Weapon sights are advanced systems that are provided with vehicle-mounted or either handheld weapons. Basically, the sight is a system of optical devices, including markers and targeters that expedite surveying of a confined area to identify hidden targets. It also assists in aligning the weapon to strike the target. A technically enhanced thermal weapon sight operates on the thermal vision principle. It can also be placed on various small arms as well as more massive weapons, thus making it very useful technical weapon. Thus the military thermal weapon sights market is expected to bolster during the forecast period.
MARKET SCOPE
The "Global Military Thermal Weapon Sights Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the military thermal weapon sights market with detailed market segmentation by product type, end user, and geography. The report provides key statistics on the market status of the leading military thermal weapon sights market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
- On the basis of product type, the market is segmented as gun-based thermal weapon sights, vehicle-mounted thermal weapon sights.
- Based on end user, the market is segmented into air force, army, navy.
MARKET DYNAMICS
Drivers:
- Rising terror threats and increasing cross border disputes
- Technological advancement in development of wireless thermal weapon sights
Restraints:
- Dearth of technological developments in developing countries
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The military thermal weapon sights market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the military thermal weapon sights market in these regions
IMPACT OF COVID-19 ON MILITARY THERMAL WEAPON SIGHTS MARKET
The outbreak of the COVID-19 has severely impacted the defense, aerospace, aviation and other related industries. The defense manufacturing industry is heavily dependent on manual labor. In the wake of strong lockdown regulations imposed by the majority of the countries across the globe, the defense equipment manufacturing sector is experiencing a significantly lower number of labors in respective manufacturing facilities. Major defense spenders allocate close to or over 2 percent of their GDP, a significant amount, to defense. However, several governments are deprioritizing defense spending, owing to the emergence of pandemic; instead, a majority of the governments are focusing on investing towards combatting the spread of virus. This factor has weaken the production of various defense equipment during 2021 to some extent, thereby hindering the growth of military thermal weapon sights market.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The military thermal weapon sights market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the military thermal weapon sights market in these regions
IMPACT OF COVID-19 ON MILITARY THERMAL WEAPON SIGHTS MARKET
The outbreak of the COVID-19 has severely impacted the defense, aerospace, aviation and other related industries. The defense manufacturing industry is heavily dependent on manual labor. In the wake of strong lockdown regulations imposed by the majority of the countries across the globe, the defense equipment manufacturing sector is experiencing a significantly lower number of labors in respective manufacturing facilities. Major defense spenders allocate close to or over 2 percent of their GDP, a significant amount, to defense. However, several governments are deprioritizing defense spending, owing to the emergence of pandemic; instead, a majority of the governments are focusing on investing towards combatting the spread of virus. This factor has weaken the production of various defense equipment during 2021 to some extent, thereby hindering the growth of military thermal weapon sights market.
MARKET PLAYERS
The report covers key developments in the military thermal weapon sights market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from military thermal weapon sights market are anticipated to lucrative growth opportunities in the future with the rising demand for military thermal weapon sights in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the military thermal weapon sights market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Military Thermal Weapon Sights Market - By Product Type
1.3.2 Military Thermal Weapon Sights Market - By End User
1.3.3 Military Thermal Weapon Sights Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MILITARY THERMAL WEAPON SIGHTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. MILITARY THERMAL WEAPON SIGHTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MILITARY THERMAL WEAPON SIGHTS MARKET - GLOBAL MARKET ANALYSIS
6.1. MILITARY THERMAL WEAPON SIGHTS - GLOBAL MARKET OVERVIEW
6.2. MILITARY THERMAL WEAPON SIGHTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MILITARY THERMAL WEAPON SIGHTS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. GUN-BASED THERMAL WEAPON SIGHTS
7.3.1. Overview
7.3.2. Gun-Based Thermal Weapon Sights Market Forecast and Analysis
7.4. VEHICLE-MOUNTED THERMAL WEAPON SIGHTS
7.4.1. Overview
7.4.2. Vehicle-Mounted Thermal Weapon Sights Market Forecast and Analysis
8. MILITARY THERMAL WEAPON SIGHTS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. AIR FORCE
8.3.1. Overview
8.3.2. Air Force Market Forecast and Analysis
8.4. ARMY
8.4.1. Overview
8.4.2. Army Market Forecast and Analysis
8.5. NAVY
8.5.1. Overview
8.5.2. Navy Market Forecast and Analysis
9. MILITARY THERMAL WEAPON SIGHTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Military Thermal Weapon Sights Market Overview
9.1.2 North America Military Thermal Weapon Sights Market Forecasts and Analysis
9.1.3 North America Military Thermal Weapon Sights Market Forecasts and Analysis - By Product Type
9.1.4 North America Military Thermal Weapon Sights Market Forecasts and Analysis - By End User
9.1.5 North America Military Thermal Weapon Sights Market Forecasts and Analysis - By Countries
9.1.5.1 United States Military Thermal Weapon Sights Market
9.1.5.1.1 United States Military Thermal Weapon Sights Market by Product Type
9.1.5.1.2 United States Military Thermal Weapon Sights Market by End User
9.1.5.2 Canada Military Thermal Weapon Sights Market
9.1.5.2.1 Canada Military Thermal Weapon Sights Market by Product Type
9.1.5.2.2 Canada Military Thermal Weapon Sights Market by End User
9.1.5.3 Mexico Military Thermal Weapon Sights Market
9.1.5.3.1 Mexico Military Thermal Weapon Sights Market by Product Type
9.1.5.3.2 Mexico Military Thermal Weapon Sights Market by End User
9.2. EUROPE
9.2.1 Europe Military Thermal Weapon Sights Market Overview
9.2.2 Europe Military Thermal Weapon Sights Market Forecasts and Analysis
9.2.3 Europe Military Thermal Weapon Sights Market Forecasts and Analysis - By Product Type
9.2.4 Europe Military Thermal Weapon Sights Market Forecasts and Analysis - By End User
9.2.5 Europe Military Thermal Weapon Sights Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Military Thermal Weapon Sights Market
9.2.5.1.1 Germany Military Thermal Weapon Sights Market by Product Type
9.2.5.1.2 Germany Military Thermal Weapon Sights Market by End User
9.2.5.2 France Military Thermal Weapon Sights Market
9.2.5.2.1 France Military Thermal Weapon Sights Market by Product Type
9.2.5.2.2 France Military Thermal Weapon Sights Market by End User
9.2.5.3 Italy Military Thermal Weapon Sights Market
9.2.5.3.1 Italy Military Thermal Weapon Sights Market by Product Type
9.2.5.3.2 Italy Military Thermal Weapon Sights Market by End User
9.2.5.4 United Kingdom Military Thermal Weapon Sights Market
9.2.5.4.1 United Kingdom Military Thermal Weapon Sights Market by Product Type
9.2.5.4.2 United Kingdom Military Thermal Weapon Sights Market by End User
9.2.5.5 Russia Military Thermal Weapon Sights Market
9.2.5.5.1 Russia Military Thermal Weapon Sights Market by Product Type
9.2.5.5.2 Russia Military Thermal Weapon Sights Market by End User
9.2.5.6 Rest of Europe Military Thermal Weapon Sights Market
9.2.5.6.1 Rest of Europe Military Thermal Weapon Sights Market by Product Type
9.2.5.6.2 Rest of Europe Military Thermal Weapon Sights Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Military Thermal Weapon Sights Market Overview
9.3.2 Asia-Pacific Military Thermal Weapon Sights Market Forecasts and Analysis
9.3.3 Asia-Pacific Military Thermal Weapon Sights Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Military Thermal Weapon Sights Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Military Thermal Weapon Sights Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Military Thermal Weapon Sights Market
9.3.5.1.1 Australia Military Thermal Weapon Sights Market by Product Type
9.3.5.1.2 Australia Military Thermal Weapon Sights Market by End User
9.3.5.2 China Military Thermal Weapon Sights Market
9.3.5.2.1 China Military Thermal Weapon Sights Market by Product Type
9.3.5.2.2 China Military Thermal Weapon Sights Market by End User
9.3.5.3 India Military Thermal Weapon Sights Market
9.3.5.3.1 India Military Thermal Weapon Sights Market by Product Type
9.3.5.3.2 India Military Thermal Weapon Sights Market by End User
9.3.5.4 Japan Military Thermal Weapon Sights Market
9.3.5.4.1 Japan Military Thermal Weapon Sights Market by Product Type
9.3.5.4.2 Japan Military Thermal Weapon Sights Market by End User
9.3.5.5 South Korea Military Thermal Weapon Sights Market
9.3.5.5.1 South Korea Military Thermal Weapon Sights Market by Product Type
9.3.5.5.2 South Korea Military Thermal Weapon Sights Market by End User
9.3.5.6 Rest of Asia-Pacific Military Thermal Weapon Sights Market
9.3.5.6.1 Rest of Asia-Pacific Military Thermal Weapon Sights Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Military Thermal Weapon Sights Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Military Thermal Weapon Sights Market Overview
9.4.2 Middle East and Africa Military Thermal Weapon Sights Market Forecasts and Analysis
9.4.3 Middle East and Africa Military Thermal Weapon Sights Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Military Thermal Weapon Sights Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Military Thermal Weapon Sights Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Military Thermal Weapon Sights Market
9.4.5.1.1 South Africa Military Thermal Weapon Sights Market by Product Type
9.4.5.1.2 South Africa Military Thermal Weapon Sights Market by End User
9.4.5.2 Saudi Arabia Military Thermal Weapon Sights Market
9.4.5.2.1 Saudi Arabia Military Thermal Weapon Sights Market by Product Type
9.4.5.2.2 Saudi Arabia Military Thermal Weapon Sights Market by End User
9.4.5.3 U.A.E Military Thermal Weapon Sights Market
9.4.5.3.1 U.A.E Military Thermal Weapon Sights Market by Product Type
9.4.5.3.2 U.A.E Military Thermal Weapon Sights Market by End User
9.4.5.4 Rest of Middle East and Africa Military Thermal Weapon Sights Market
9.4.5.4.1 Rest of Middle East and Africa Military Thermal Weapon Sights Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Military Thermal Weapon Sights Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Military Thermal Weapon Sights Market Overview
9.5.2 South and Central America Military Thermal Weapon Sights Market Forecasts and Analysis
9.5.3 South and Central America Military Thermal Weapon Sights Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Military Thermal Weapon Sights Market Forecasts and Analysis - By End User
9.5.5 South and Central America Military Thermal Weapon Sights Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Military Thermal Weapon Sights Market
9.5.5.1.1 Brazil Military Thermal Weapon Sights Market by Product Type
9.5.5.1.2 Brazil Military Thermal Weapon Sights Market by End User
9.5.5.2 Argentina Military Thermal Weapon Sights Market
9.5.5.2.1 Argentina Military Thermal Weapon Sights Market by Product Type
9.5.5.2.2 Argentina Military Thermal Weapon Sights Market by End User
9.5.5.3 Rest of South and Central America Military Thermal Weapon Sights Market
9.5.5.3.1 Rest of South and Central America Military Thermal Weapon Sights Market by Product Type
9.5.5.3.2 Rest of South and Central America Military Thermal Weapon Sights Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MILITARY THERMAL WEAPON SIGHTS MARKET, KEY COMPANY PROFILES
11.1. ASELSAN A.?.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BAE SYSTEMS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ELBIT SYSTEMS LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EXCELITAS TECHNOLOGIES CORP.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FLIR SYSTEMS INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LEONARDO S.P.A.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. RAYTHEON TECHNOLOGIES
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SAFRAN COLIBRYS SA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. THALES GROUP
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THERMOTEKNIX SYSTEMS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ASELSAN A..
2. BAE Systems
3. Elbit Systems Ltd.
4. Excelitas Technologies Corp.
5. FLIR Systems Inc.
6. Leonardo S.p.A.
7. Raytheon Technologies
8. Safran Colibrys SA
9. Thales Group
10. Thermoteknix Systems
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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