Tactical Optics - Global Market Outlook (2020-2028)

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Tactical Optics - Global Market Outlook (2020-2028)

Global Tactical Optics Market is accounted for $9.70 billion in 2020 and is expected to reach $18.08 billion by 2028 growing at a CAGR of 8.1% during the forecast period. Increase in procurement of tactical optics for dismounted soldiers and vehicle platforms and increasing demand for electro-optic/infrared (EO/IR) cameras are the factors driving the market growth. However, issues related to the demand for high technical expertise to develop tactical optics and stringent government regulations are hampering the growth of the market.

Tactical optics refer to optical equipment and devices used for military applications, these devices help shooters/pilots/soldiers to see beyond the scope of their regular vision as they have a low magnification range. The optical devices are low on weight, compact, and effective, and can be mounted on military aircraft and vehicles, thereby ensuring the safety of the pilots or soldiers.

Based on the product, the cameras & displays segment is going to have lucrative growth during the forecast period owing to the increasing use of thermal cameras for border surveillance. The growing demand for head-mounted displays for soldiers on the battlefield is expected to drive the growth of the segment due to an increase in the number of platforms where these cameras & displays are mounted. Armoured vehicles, such as main battle tanks (MBTs), are equipped with multiple electro-optic cameras and thermal cameras for drivers’ navigation, commander sights, and gunner sights.

By geography, Asia Pacific is going to have high growth during the forecast period due to the increasing territorial conflicts in the region and rising defense expenditures of countries, such as China and India, are driving the market growth in Asia-Pacific. The market in this region has tremendous potential due to the countries in this region, such as China, India, and Japan; invest heavily in the modernization of their troops which increases the need for armoured vehicles, aircraft, and helicopters driving the market growth for tactical optics.

Some of the key players profiled in the Tactical Optics Market include BAE Systems, Elbit Systems Ltd, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Thales Group, Saab AB,  Israel Aerospace Industries,  Rafael Advanced Defense Systems Ltd, Vortex Optics, Leonardo,  Bushnell Corporation, Kongsberg Gruppen, Leupold & Stevens, Inc. and L3Harris Technologies, Inc.

Ranges Covered:
• Short-Range (< 3 km)
• Medium-Range (3–25 km)
• Long-Range (> 25 km)

Applications Covered:
• Border & Coastal Patrol
• Search & Rescue
• Military
• Target Acquisition & Identification
• Homeland Security
• Intelligence, Surveillance, & Reconnaissance (ISR)   

Products Covered:
• Weapon Scopes & Sights
• Cameras & Displays
• Handheld Sighting Devices  

Platforms Covered:
• Ground
• Naval
• Airborne

End Users Covered:
• Soldier
• Weapon Mounted
• Unmanned Platform
• Manned Platform

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary     
       
2 Preface      
 2.1 Abstract     
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
       
3 Market Trend Analysis    
 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats     
 3.6 Application Analysis   
 3.7 Product Analysis    
 3.8 End User Analysis    
 3.9 Emerging Markets    
 3.10 Impact of Covid-19    
       
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global Tactical Optics Market, By Range   
 5.1 Introduction    
 5.2 Short-Range (< 3 km)   
 5.3 Medium-Range (3–25 km)   
 5.4 Long-Range (> 25 km)   
       
6 Global Tactical Optics Market, By Application  
 6.1 Introduction    
 6.2 Border & Coastal Patrol   
 6.3 Search & Rescue    
 6.4 Military     
 6.5 Target Acquisition & Identification  
 6.6 Homeland Security    
 6.7 Intelligence, Surveillance, & Reconnaissance (ISR) 
       
7 Global Tactical Optics Market, By Product  
 7.1 Introduction    
 7.2 Weapon Scopes & Sights   
  7.2.1 Electro-Optic/Infrared (EO/IR) Sights 
  7.2.2 Riflescopes   
   7.2.2.1 Digital Sights  
   7.2.2.2 Night Sights  
   7.2.2.3 Day Sights  
  7.2.3 Night Vision Scopes   
   7.2.3.1 Thermal Scopes  
   7.2.3.2 Image Intensifiers  
   7.2.3.3 Infrared Scopes  
 7.3 Cameras & Displays    
  7.3.1 Electro-Optic/Infrared (EO/IR) Cameras 
  7.3.2 Head-Mounted Displays (HMDs) 
  7.3.3 Thermal Cameras   
 7.4 Handheld Sighting Devices   
  7.4.1 Rangefinders   
  7.4.2 Night Vision Goggles  
  7.4.3 Binoculars & Monoculars  
   7.4.3.1 Day Sights  
   7.4.3.2 Night Sights  
  7.4.4 Target Acquisition & Surveillance Systems
  7.4.5 Spotter Scopes   
       
8 Global Tactical Optics Market, By Platform  
 8.1 Introduction    
 8.2 Ground     
  8.2.1 Vehicle Mounted   
   8.2.1.1 Unmanned Ground Vehicles (UGVs)
   8.2.1.2 Armored Amphibious Vehicles (AAVs)
   8.2.1.3 Armored Mortar Carriers (AMCs)
   8.2.1.4 Light Protected Vehicles (LPVs)
   8.2.1.5 Infantry Fighting Vehicles (IFVs)
   8.2.1.6 Main Battle Tanks (MBTs) 
   8.2.1.7 Self-Propelled Howitzers (SPHs)
   8.2.1.8 Armored Personnel Carriers (APCs)
  8.2.2 Fixed Installation   
  8.2.3 Portable    
   8.2.3.1 Dismounted Soldier  
   8.2.3.2 Man-Portable  
 8.3 Naval     
  8.3.1 Frigates    
  8.3.2 Aircraft Carriers   
  8.3.3 Offshore Patrol Vessels (OPVs) 
  8.3.4 Corvettes   
  8.3.5 Unmanned Marine Vessels (UMVs) 
  8.3.6 Destroyers   
 8.4 Airborne      
  8.4.1 Combat Helicopters   
  8.4.2 Special Mission Aircraft  
  8.4.3 Combat Aircraft   
  8.4.4 Unmanned Aerial Vehicles (UAVs) 
       
9 Global Tactical Optics Market, By End User  
 9.1 Introduction    
 9.2 Soldier     
 9.3 Weapon Mounted    
 9.4 Unmanned Platform   
 9.5 Manned Platform    
       
10 Global Tactical Optics Market, By Geography  
 10.1 Introduction    
 10.2 North America    
  10.2.1 US    
  10.2.2 Canada    
  10.2.3 Mexico    
 10.3 Europe     
  10.3.1 Germany    
  10.3.2 UK    
  10.3.3 Italy    
  10.3.4 France    
  10.3.5 Spain    
  10.3.6 Rest of Europe   
 10.4 Asia Pacific    
  10.4.1 Japan    
  10.4.2 China    
  10.4.3 India    
  10.4.4 Australia    
  10.4.5 New Zealand   
  10.4.6 South Korea   
  10.4.7 Rest of Asia Pacific   
 10.5 South America    
  10.5.1 Argentina   
  10.5.2 Brazil    
  10.5.3 Chile    
  10.5.4 Rest of South America  
 10.6 Middle East & Africa   
  10.6.1 Saudi Arabia   
  10.6.2 UAE    
  10.6.3 Qatar    
  10.6.4 South Africa   
  10.6.5 Rest of Middle East & Africa  
       
11 Key Developments     
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
 11.2 Acquisitions & Mergers   
 11.3 New Product Launch   
 11.4 Expansions    
 11.5 Other Key Strategies   
       
12 Company Profiling     
 12.1 BAE Systems    
 12.2 Elbit Systems Ltd     
 12.3 Lockheed Martin Corporation   
 12.4 Northrop Grumman Corporation  
 12.5 Raytheon Technologies Corporation  
 12.6 Thales Group    
 12.7 Saab AB     
 12.8 Israel Aerospace Industries   
 12.9 Rafael Advanced Defense Systems Ltd  
 12.10 Vortex Optics    
 12.11 Leonardo     
 12.12 Bushnell Corporation   
 12.13 Kongsberg Gruppen    
 12.14 Leupold & Stevens, Inc.   
 12.15 L3Harris Technologies, Inc.   

 

Tactical Optics - Global Market Outlook (2020-2028)

List of Tables      
1 Global Tactical Optics Market Outlook, By Region (2019-2028) (US $MN) 
2 Global Tactical Optics Market Outlook, By Range (2019-2028) (US $MN)
3 Global Tactical Optics Market Outlook, By Short-Range (< 3 km) (2019-2028) (US $MN)
4 Global Tactical Optics Market Outlook, By Medium-Range (3–25 km) (2019-2028) (US $MN)
5 Global Tactical Optics Market Outlook, By Long-Range (> 25 km) (2019-2028) (US $MN)
6 Global Tactical Optics Market Outlook, By Application (2019-2028) (US $MN)
7 Global Tactical Optics Market Outlook, By Border & Coastal Patrol (2019-2028) (US $MN)
8 Global Tactical Optics Market Outlook, By Search & Rescue (2019-2028) (US $MN)
9 Global Tactical Optics Market Outlook, By Military (2019-2028) (US $MN)
10 Global Tactical Optics Market Outlook, By Target Acquisition & Identification (2019-2028) (US $MN)
11 Global Tactical Optics Market Outlook, By Homeland Security (2019-2028) (US $MN)
12 Global Tactical Optics Market Outlook, By Intelligence, Surveillance, & Reconnaissance (ISR) (2019-2028) (US $MN)
13 Global Tactical Optics Market Outlook, By Product (2019-2028) (US $MN)
14 Global Tactical Optics Market Outlook, By Weapon Scopes & Sights (2019-2028) (US $MN)
15 Global Tactical Optics Market Outlook, By Electro-Optic/Infrared (EO/IR) Sights (2019-2028) (US $MN)
16 Global Tactical Optics Market Outlook, By Riflescopes (2019-2028) (US $MN)
17 Global Tactical Optics Market Outlook, By Night Vision Scopes (2019-2028) (US $MN)
18 Global Tactical Optics Market Outlook, By Cameras & Displays (2019-2028) (US $MN)
19 Global Tactical Optics Market Outlook, By Electro-Optic/Infrared (EO/IR) Cameras (2019-2028) (US $MN)
20 Global Tactical Optics Market Outlook, By Head-Mounted Displays (HMDs) (2019-2028) (US $MN)
21 Global Tactical Optics Market Outlook, By Thermal Cameras (2019-2028) (US $MN)
22 Global Tactical Optics Market Outlook, By Handheld Sighting Devices (2019-2028) (US $MN)
23 Global Tactical Optics Market Outlook, By Rangefinders (2019-2028) (US $MN)
24 Global Tactical Optics Market Outlook, By Night Vision Goggles (2019-2028) (US $MN)
25 Global Tactical Optics Market Outlook, By Binoculars & Monoculars (2019-2028) (US $MN)
26 Global Tactical Optics Market Outlook, By Target Acquisition & Surveillance Systems (2019-2028) (US $MN)
27 Global Tactical Optics Market Outlook, By Spotter Scopes (2019-2028) (US $MN)
28 Global Tactical Optics Market Outlook, By Platform (2019-2028) (US $MN)
29 Global Tactical Optics Market Outlook, By Ground (2019-2028) (US $MN)
30 Global Tactical Optics Market Outlook, By Vehicle Mounted (2019-2028) (US $MN)
31 Global Tactical Optics Market Outlook, By Fixed Installation (2019-2028) (US $MN)
32 Global Tactical Optics Market Outlook, By Portable (2019-2028) (US $MN)
33 Global Tactical Optics Market Outlook, By Naval (2019-2028) (US $MN)
34 Global Tactical Optics Market Outlook, By Frigates (2019-2028) (US $MN)
35 Global Tactical Optics Market Outlook, By Aircraft Carriers (2019-2028) (US $MN)
36 Global Tactical Optics Market Outlook, By Offshore Patrol Vessels (OPVs) (2019-2028) (US $MN)
37 Global Tactical Optics Market Outlook, By Corvettes (2019-2028) (US $MN)
38 Global Tactical Optics Market Outlook, By Unmanned Marine Vessels (UMVs) (2019-2028) (US $MN)
39 Global Tactical Optics Market Outlook, By Destroyers (2019-2028) (US $MN)
40 Global Tactical Optics Market Outlook, By Airborne (2019-2028) (US $MN)
41 Global Tactical Optics Market Outlook, By Combat Helicopters (2019-2028) (US $MN)
42 Global Tactical Optics Market Outlook, By Special Mission Aircraft (2019-2028) (US $MN)
43 Global Tactical Optics Market Outlook, By Combat Aircraft (2019-2028) (US $MN)
44 Global Tactical Optics Market Outlook, By Unmanned Aerial Vehicles (UAVs) (2019-2028) (US $MN)
45 Global Tactical Optics Market Outlook, By End User (2019-2028) (US $MN)
46 Global Tactical Optics Market Outlook, By Soldier (2019-2028) (US $MN)
47 Global Tactical Optics Market Outlook, By Weapon Mounted (2019-2028) (US $MN)
48 Global Tactical Optics Market Outlook, By Unmanned Platform (2019-2028) (US $MN)
49 Global Tactical Optics Market Outlook, By Manned Platform (2019-2028) (US $MN)

 

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