Multi-Spectral Targeting System Market Strategies and Forecast by 2031

Coverage: Multi-Spectral Targeting System Market covers analysis By System (Electro-Optical/Infrared (EO/IR), Laser Designation, Laser Illumination, Sensors); End User (UAV, Fixed-Wing Aircraft, Rotary-Wing Aircraft) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00019426
  • Category : Aerospace and Defense
  • No. of Pages : 150
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MARKET INTRODUCTION

The multi-spectral targeting system provides detailed intelligence data from the visual and infrared spectrum to support military, civilian, and allied missions around the world. Using digital architecture, multi-spectral targeting system brings long-range surveillance, target acquisition, and tracking facilities for several missiles and laser-guided bomb. Further, the multi-spectral targeting system sensors feature multiple fields of view, electronic zoom, multimode video tracking and are designed to incorporate future growth options & performance enhancements.

MARKET DYNAMICS

The system provides high rate of stabilization is driving the growth of the multi-spectral targeting system market. However, the high operating cost may restrain the growth of the multi-spectral targeting system market. Furthermore, the growing technological advancement in defense sector is anticipated to create market opportunities for the multi-spectral targeting system market during the forecast period.

MARKET SCOPE

The "Global Multi-spectral targeting system 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 multi-spectral targeting system market report aims to provide an overview of the multi-spectral targeting system market with detailed market segmentation by system, end user, and geography. The global multi-spectral targeting system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading multi-spectral targeting system market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global multi-spectral targeting system market is segmented on the basis of system and end user. Based on system, the multi-spectral targeting system market is segmented into: electro-optical/infrared (EO/IR), laser designation, laser illumination, and sensors. On the basis of end user, the multi-spectral targeting system market is segmented into: UAV, fixed-wing aircraft, and rotary-wing aircraft.

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 multi-spectral targeting system 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), Middle East and Africa (MEA) and South & Central America. The multi-spectral targeting system market by each region is later sub-segmented by respective countries and segments. The multi-spectral targeting system market 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 multi-spectral targeting system market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the multi-spectral targeting system market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global multi-spectral targeting system 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), Middle East and Africa (MEA) and South & Central America. The multi-spectral targeting system market by each region is later sub-segmented by respective countries and segments. The multi-spectral targeting system market 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 multi-spectral targeting system market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the multi-spectral targeting system market in these regions.

MARKET PLAYERS

The reports cover key developments in the multi-spectral targeting system 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 market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from multi-spectral targeting system market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the multi-spectral targeting system market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the multi-spectral targeting system 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.

  •   Raytheon Technologies
  •   Corning Incorporated
  •   Elbit Systems Ltd.
  •   FLIR Systems, Inc.
  •   L3Harris Technologies, Inc.
  •   Leonardo DRS, Inc.
  •   M3 Measurement Solutions Inc.
  •   Northrop Grumman
  •   Thales Group
  •   W5 Solutions

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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Multi-Spectral Targeting System Market - By System
1.3.2 Multi-Spectral Targeting System Market - By End User
1.3.3 Multi-Spectral Targeting System Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. MULTI-SPECTRAL TARGETING SYSTEM 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. MULTI-SPECTRAL TARGETING SYSTEM 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. MULTI-SPECTRAL TARGETING SYSTEM MARKET - GLOBAL MARKET ANALYSIS
6.1. MULTI-SPECTRAL TARGETING SYSTEM - GLOBAL MARKET OVERVIEW
6.2. MULTI-SPECTRAL TARGETING SYSTEM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. MULTI-SPECTRAL TARGETING SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - SYSTEM
7.1. OVERVIEW
7.2. SYSTEM MARKET FORECASTS AND ANALYSIS
7.3. ELECTRO-OPTICAL/INFRARED (EO/IR)
7.3.1. Overview
7.3.2. Electro-Optical/Infrared (EO/IR) Market Forecast and Analysis
7.4. LASER DESIGNATION
7.4.1. Overview
7.4.2. Laser Designation Market Forecast and Analysis
7.5. LASER ILLUMINATION
7.5.1. Overview
7.5.2. Laser Illumination Market Forecast and Analysis
7.6. SENSORS
7.6.1. Overview
7.6.2. Sensors Market Forecast and Analysis
8. MULTI-SPECTRAL TARGETING SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. UAV
8.3.1. Overview
8.3.2. UAV Market Forecast and Analysis
8.4. FIXED-WING AIRCRAFT
8.4.1. Overview
8.4.2. Fixed-Wing Aircraft Market Forecast and Analysis
8.5. ROTARY-WING AIRCRAFT
8.5.1. Overview
8.5.2. Rotary-Wing Aircraft Market Forecast and Analysis

9. MULTI-SPECTRAL TARGETING SYSTEM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Multi-Spectral Targeting System Market Overview
9.1.2 North America Multi-Spectral Targeting System Market Forecasts and Analysis
9.1.3 North America Multi-Spectral Targeting System Market Forecasts and Analysis - By System
9.1.4 North America Multi-Spectral Targeting System Market Forecasts and Analysis - By End User
9.1.5 North America Multi-Spectral Targeting System Market Forecasts and Analysis - By Countries
9.1.5.1 United States Multi-Spectral Targeting System Market
9.1.5.1.1 United States Multi-Spectral Targeting System Market by System
9.1.5.1.2 United States Multi-Spectral Targeting System Market by End User
9.1.5.2 Canada Multi-Spectral Targeting System Market
9.1.5.2.1 Canada Multi-Spectral Targeting System Market by System
9.1.5.2.2 Canada Multi-Spectral Targeting System Market by End User
9.1.5.3 Mexico Multi-Spectral Targeting System Market
9.1.5.3.1 Mexico Multi-Spectral Targeting System Market by System
9.1.5.3.2 Mexico Multi-Spectral Targeting System Market by End User
9.2. EUROPE
9.2.1 Europe Multi-Spectral Targeting System Market Overview
9.2.2 Europe Multi-Spectral Targeting System Market Forecasts and Analysis
9.2.3 Europe Multi-Spectral Targeting System Market Forecasts and Analysis - By System
9.2.4 Europe Multi-Spectral Targeting System Market Forecasts and Analysis - By End User
9.2.5 Europe Multi-Spectral Targeting System Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Multi-Spectral Targeting System Market
9.2.5.1.1 Germany Multi-Spectral Targeting System Market by System
9.2.5.1.2 Germany Multi-Spectral Targeting System Market by End User
9.2.5.2 France Multi-Spectral Targeting System Market
9.2.5.2.1 France Multi-Spectral Targeting System Market by System
9.2.5.2.2 France Multi-Spectral Targeting System Market by End User
9.2.5.3 Italy Multi-Spectral Targeting System Market
9.2.5.3.1 Italy Multi-Spectral Targeting System Market by System
9.2.5.3.2 Italy Multi-Spectral Targeting System Market by End User
9.2.5.4 United Kingdom Multi-Spectral Targeting System Market
9.2.5.4.1 United Kingdom Multi-Spectral Targeting System Market by System
9.2.5.4.2 United Kingdom Multi-Spectral Targeting System Market by End User
9.2.5.5 Russia Multi-Spectral Targeting System Market
9.2.5.5.1 Russia Multi-Spectral Targeting System Market by System
9.2.5.5.2 Russia Multi-Spectral Targeting System Market by End User
9.2.5.6 Rest of Europe Multi-Spectral Targeting System Market
9.2.5.6.1 Rest of Europe Multi-Spectral Targeting System Market by System
9.2.5.6.2 Rest of Europe Multi-Spectral Targeting System Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Multi-Spectral Targeting System Market Overview
9.3.2 Asia-Pacific Multi-Spectral Targeting System Market Forecasts and Analysis
9.3.3 Asia-Pacific Multi-Spectral Targeting System Market Forecasts and Analysis - By System
9.3.4 Asia-Pacific Multi-Spectral Targeting System Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Multi-Spectral Targeting System Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Multi-Spectral Targeting System Market
9.3.5.1.1 Australia Multi-Spectral Targeting System Market by System
9.3.5.1.2 Australia Multi-Spectral Targeting System Market by End User
9.3.5.2 China Multi-Spectral Targeting System Market
9.3.5.2.1 China Multi-Spectral Targeting System Market by System
9.3.5.2.2 China Multi-Spectral Targeting System Market by End User
9.3.5.3 India Multi-Spectral Targeting System Market
9.3.5.3.1 India Multi-Spectral Targeting System Market by System
9.3.5.3.2 India Multi-Spectral Targeting System Market by End User
9.3.5.4 Japan Multi-Spectral Targeting System Market
9.3.5.4.1 Japan Multi-Spectral Targeting System Market by System
9.3.5.4.2 Japan Multi-Spectral Targeting System Market by End User
9.3.5.5 South Korea Multi-Spectral Targeting System Market
9.3.5.5.1 South Korea Multi-Spectral Targeting System Market by System
9.3.5.5.2 South Korea Multi-Spectral Targeting System Market by End User
9.3.5.6 Rest of Asia-Pacific Multi-Spectral Targeting System Market
9.3.5.6.1 Rest of Asia-Pacific Multi-Spectral Targeting System Market by System
9.3.5.6.2 Rest of Asia-Pacific Multi-Spectral Targeting System Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Multi-Spectral Targeting System Market Overview
9.4.2 Middle East and Africa Multi-Spectral Targeting System Market Forecasts and Analysis
9.4.3 Middle East and Africa Multi-Spectral Targeting System Market Forecasts and Analysis - By System
9.4.4 Middle East and Africa Multi-Spectral Targeting System Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Multi-Spectral Targeting System Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Multi-Spectral Targeting System Market
9.4.5.1.1 South Africa Multi-Spectral Targeting System Market by System
9.4.5.1.2 South Africa Multi-Spectral Targeting System Market by End User
9.4.5.2 Saudi Arabia Multi-Spectral Targeting System Market
9.4.5.2.1 Saudi Arabia Multi-Spectral Targeting System Market by System
9.4.5.2.2 Saudi Arabia Multi-Spectral Targeting System Market by End User
9.4.5.3 U.A.E Multi-Spectral Targeting System Market
9.4.5.3.1 U.A.E Multi-Spectral Targeting System Market by System
9.4.5.3.2 U.A.E Multi-Spectral Targeting System Market by End User
9.4.5.4 Rest of Middle East and Africa Multi-Spectral Targeting System Market
9.4.5.4.1 Rest of Middle East and Africa Multi-Spectral Targeting System Market by System
9.4.5.4.2 Rest of Middle East and Africa Multi-Spectral Targeting System Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Multi-Spectral Targeting System Market Overview
9.5.2 South and Central America Multi-Spectral Targeting System Market Forecasts and Analysis
9.5.3 South and Central America Multi-Spectral Targeting System Market Forecasts and Analysis - By System
9.5.4 South and Central America Multi-Spectral Targeting System Market Forecasts and Analysis - By End User
9.5.5 South and Central America Multi-Spectral Targeting System Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Multi-Spectral Targeting System Market
9.5.5.1.1 Brazil Multi-Spectral Targeting System Market by System
9.5.5.1.2 Brazil Multi-Spectral Targeting System Market by End User
9.5.5.2 Rest of South and Central America Multi-Spectral Targeting System Market
9.5.5.2.1 Rest of South and Central America Multi-Spectral Targeting System Market by System
9.5.5.2.2 Rest of South and Central America Multi-Spectral Targeting System 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. MULTI-SPECTRAL TARGETING SYSTEM MARKET, KEY COMPANY PROFILES
11.1. RAYTHEON TECHNOLOGIES
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. CORNING INCORPORATED
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. FLIR SYSTEMS, INC.
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. L3HARRIS TECHNOLOGIES, 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 DRS, INC.
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. M3 MEASUREMENT SOLUTIONS INC.
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. NORTHROP GRUMMAN
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. W5 SOLUTIONS
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
The List of Companies

1. Raytheon Technologies
2. Corning Incorporated
3. Elbit Systems Ltd.
4. FLIR Systems, Inc.
5. L3Harris Technologies, Inc.
6. Leonardo DRS, Inc.
7. M3 Measurement Solutions Inc.
8. Northrop Grumman
9. Thales Group
10. W5 Solutions

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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